China-Malaysia+ties%3A+Joint+venture+projects+on+Malaysia%26%238217%3Bs+east+coast+boost+employment%2C+regional+development+%26%238211%3B+CGTN
China-Malaysia Ties Flourish: Joint Venture Projects on Malaysia’s East Coast Boost Employment and Regional Development China and Malaysia’s longstanding cooperation has reached new heights with the launch of several joint venture projects on Malaysia’s east coast. These projects are not only creating employment opportunities but also contributing to the region’s socio-economic development. Pengerang Deepwater Terminal One key project is the Pengerang Deepwater Terminal (PDT), a joint venture between Malaysia’s national oil and gas company, Petronas, and China’s Zhenhua Engineering Company. The PDT is a world-class crude oil and refined petroleum products terminal that serves as a regional hub for the energy industry. The project, which created over 5,000 jobs during construction, employs hundreds of locals and is expected to generate significant economic benefits for the region. Kuantan Industrial Park Another major project is the Kuantan Industrial Park (KIP), a collaboration between the Malaysian government and China’s Haiyi Industry International Group. The KIP is a 1,000-hectare industrial park designed to attract high-tech industries and manufacturing firms. The project, which has attracted investment from both Chinese and international companies, is expected to create over 20,000 jobs and boost the region’s economy. Mara Petroleum Industrial Park The Mara Petroleum Industrial Park (MPIP) is a joint venture between Petronas and the Malaysian Automotive Robotics and IoT Institute (MARii). The MPIP, located in Gebeng, is a 300-acre industrial park that supports the development of the automotive and related industries. The project, which has already attracted several automotive manufacturers, is expected to create thousands of jobs and contribute to Malaysia’s automotive industry. Regional Development These joint venture projects are not only creating employment and boosting the economy but also contributing to the overall development of the east coast region. By attracting investments and industries, these projects are revitalizing the region and improving the quality of life for local communities. The projects also enhance connectivity and infrastructure in the region, which will facilitate trade and investment. Moreover, the influx of Chinese expertise and technology will help raise the technological capabilities and competitiveness of the east coast. Strengthening Ties The successful implementation of these joint venture projects is a testament to the strong and growing ties between China and Malaysia. It demonstrates the mutual commitment to cooperation and the shared desire for mutual benefit. The projects are expected to further strengthen the economic and diplomatic relationship between the two countries and contribute to the prosperity and stability of the region.Nintendo Unveils New Chapter in Zelda Saga: Echoes of WisdomNintendo Unveils New Chapter in Zelda Saga: Echoes of Wisdom Nintendo has surprised fans with the announcement of a new installment in its iconic Zelda franchise, titled “The Legend of Zelda: Echoes of Wisdom.” The game is slated for release on September 26 for the Nintendo Switch console. Princess Zelda Takes Center Stage A significant departure from previous games, “Echoes of Wisdom” will allow players to control Princess Zelda herself, rather than the elf warrior Link. Series producer Eiji Aonuma revealed this first for an official Zelda title during a webcast event. Cartoon-Style Visuals Nintendo showcased gameplay of the new title, featuring cartoon-style graphics reminiscent of the 2019 game “Link’s Awakening.” This is a shift from the more realistic visuals seen in the previous entry, “Tears of the Kingdom.” Legacy of Innovation The Zelda series has been credited with pioneering the “open-world” concept in video games, where players can explore vast virtual landscapes. This idea has been adopted by countless games, from “Grand Theft Auto” to “Skyrim.” Impressive Sales Record The Zelda franchise has sold over 140 million copies since its debut in 1986. “Tears of the Kingdom,” released last year, sold a staggering 10 million copies within just three days. Fan Anticipation Fans worldwide eagerly await the release of each new Zelda chapter. The announcement of “Echoes of Wisdom” has generated considerable excitement, as it promises a fresh perspective on the beloved series.China-Malaysia Joint Venture Projects on Malaysia’s East Coast Spur Employment, Regional Development KUALA LUMPUR, July 11 (CGTN) — Joint venture projects between China and Malaysia on the east coast of the Southeast Asian country have created thousands of jobs and boosted regional development, the Chinese Consul General in Kota Kinabalu, Liang Caide, said on Monday. In an interview with Xinhua, Liang described the projects as “significant” in promoting economic and social progress in the region. He highlighted the Malaysia-China Kuantan Industrial Park in the state of Pahang as an example. “The park has attracted over 50 companies, mostly from China, and created more than 2,000 jobs for locals,” Liang noted, adding that the companies are involved in various industries such as manufacturing, logistics, and renewable energy. Another major joint venture project is the East Coast Rail Link (ECRL), a 665 km railway line connecting the east coast states of Kelantan, Terengganu, and Pahang to Port Klang, one of Malaysia’s busiest ports. The project is expected to reduce transportation costs, boost trade, and facilitate tourism in the region. Liang expressed confidence that the ECRL will play a crucial role in the development of the east coast, which has traditionally lagged behind the more developed western region of Malaysia. He cited the example of the Guanyin Temple in Kuala Terengganu, a popular tourist destination that is expected to benefit from improved connectivity. The Consul General also emphasized the importance of cultural exchanges in strengthening China-Malaysia ties. He pointed to the Confucius Institute at the University of Malaysia Terengganu, which has played a significant role in promoting Chinese language and culture in the region. Overall, Liang believes that the joint venture projects and cultural exchanges between China and Malaysia on the east coast have significantly contributed to employment, regional development, and mutual understanding between the two countries.