220,000 New Jobs By 2020

The country’s first Special Economic Zone (SEZ), launched by Prime Minister Datuk Seri Najib Tun Razak Tuesday, is expected to generate investments worth RM90bil and create 220,000 new jobs by 2020.

The Prime Minister said the SEZ was expected to contribute more job opportunities and yields compared with the East Coast Economic Region (ECER).

The SEZ covers an area of 3,875 sq km from Kerteh in Terengganu to Pekan and Gambang in Pahang.

Najib said the ECER SEZ was part of a new economic model designed by the Government that promises a fairer distribution of wealth and growth to be enjoyed by all.

“One of the projects identified is the Kuantan Port which will get a massive face-lift. Its current annual cargo bulk is expected to increase from 16.8 million metric tonnes to 30 million metric tonnes by 2020.

“It will involve construction of additional berths and wave breakers that will see the port becoming the main entry and exit point for the export and import of goods,” Najib said in his speech at the launch of the ECER SEZ at Runchang here yesterday.

Read the full report here

If the plan in on track, we shall see a huge opportunity for people in the following specializations:-

1. Logistics – that includes shipping, freight forwarding, port operations and warehousing related jobs.

2. Engineering – construction managers, civil engineers, site supervisors, m&e engineers, quantity surveyors, contract administrators, and etc.

Let’s keep our fingers crossed that this plan will be successful. The foresight of the PM today would certainly make a difference for our fresh graduates of tomorrow.