IMT-GT study to boost Kedah Rubber City's global market reach

The Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) is conducting a study to strengthen ties between rubber producers and suppliers, with the aim of expanding Kedah Rubber City (KRC)’s global market reach. Deputy Economy Minister Datuk Seri Mohd Shahar Abdullah announced that the study, under the Working Group on Trade Investment Facilitation (WGTI), will examine shared challenges faced by rubber cities in the three nations, including global rubber price fluctuations, technology gaps, and differences in quality standards.

Shahar expressed confidence that the study's findings will enhance synergy across the tripartite rubber city network. The federal government has allocated RM613 million for KRC's development, which includes land acquisition and basic infrastructure, and the Integrated Business Centre (IBC) has been established to facilitate investor entry.

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