The Northern Corridor Economic Region (NCER) has set an ambitious target to attract RM470 billion in cumulative investments by 2030, according to Economy Minister Akmal Nasrullah Mohd Nasir. This goal marks a significant increase from the previous target of RM343.8 billion outlined in the earlier development blueprint.
Speaking at the launch of the NCER 2026-2030 Strategic Development Plan in Putrajaya, Akmal Nasrullah highlighted that about 70% of the projected investment is expected to come from key sectors such as electrical and electronics, automotive, high-value tourism, and modern agriculture. He emphasized that this plan aims to position the NCER as a leading destination for high-value industrial investments as well as a global hub for research, development, and innovation.
The NCER, which encompasses the states of Perlis, Kedah, Penang, and Perak, aims not only to boost investment figures but also to ensure that investments translate into higher incomes, quality employment opportunities, and improved living standards for local communities. The plan seeks to grow the region’s gross domestic product (GDP) to RM369 billion and create 310,000 quality jobs by 2030, with roughly 45% of these roles expected to be high-skilled positions. Additionally, the blueprint targets an increase in median monthly household income to RM7,500.
The strategic framework guiding this development is built upon four core pillars: Enhancing Capabilities, Driving Innovation, Empowering Growth, and Leveraging Regional Advantages. These pillars are supported by 15 strategies and 21 specific initiatives designed to steer the Northern Region toward sustainable growth during the 13th Malaysia Plan period.
Significant infrastructure and industrial projects are central to the plan, including the establishment of the Kedah Science and Technology Park, Sidam Advanced Logistics and Manufacturing Hub, Kedah Rubber City, Chuping Valley Industrial Area, Bagan Datuk Industrial Area, Penang Silicon Island, and the Northern Peninsular Border Economic Zone. These developments are expected to reshape the region’s economic landscape and reinforce its competitiveness both nationally and within the broader Southeast Asian region.
Akmal Nasrullah described the plan as more than a document, calling it a catalyst for transformation that will help the Northern Region emerge as a successful model of regional development in Malaysia and potentially beyond.