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WPS Vision of the Future

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Wilayah Perak Selatan (WPS) – a new growth area of Koridor Utara (www.koridorutara.com.my), the Northern Corridor Economic Region. It is situated in Perak, the second largest state of Malaysia. A vast area covering over one million acres of land, WPS consists of four interconnected nodes focusing on 15 Economic Catalyst Projects, in line with the key promoted sectors under Koridor Utara. Each node represents its own unique strength, with detailed development delineation offering businesses limitless possibilities.

WPS is a manifestation of the realisation of the need for the state of Perak to further capitalise on its stategic location and to further stimulate the local economy, elevating its status as an economic corridor. It is a Perak State agenda and forms as part of the new growth node for Northern Corridor Economic Region (NCER).

Initially mooted by Perbadanan Kemajuan Negeri Perak (PKNP), now the implementing agency of the WPS initiative, the idea of a new economic corridor at the southern part of the Perak State underwent various levels of review and presentation to state and federal level committees for their respective endorsements. WPS was finally presented at the state assembly sitting in August 2015, by Dato’ Seri Diraja Dr Zambry Abd Kadir, Menteri Besar of Perak, as part of the five-year state development plan between 2016 and 2020.

With excellent connectivity and accessibility via road, rail and sea, WPS is the up and coming economic pulse of the northern region. It is the melting pot of skilled talent, converging in a dynamic business hub.

A comprehensive development, aligned with the aim to spur continuous growth in the state, WPS carries with it the vision to transform the economic landscape and elevate the living standards of the people.

 

WPS At a Glance

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    Population:
    402,000 (2015)

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    Land Area:
    half a million hectares

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    GDP per capita:
    RM 6,496

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    15 Economic Catalyst Projects

ataglance
 

Perak State

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    GDP per capita: RM 25,418
    GDP Growth: 5.9%

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    1.5hr to Singapore by flight

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    Land Area:
    2.1 million ha

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    3 major highways and 2 major railroads

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    Total investment of RM 3.9b*
    FDI : RM 3.4b
    DDI : RM 0.5b

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    5th largest contributor for agriculture in Malaysia

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    1.01 million labour force -
    2.2% skilled workers

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    One of the main producers of natural rubber and palm oil for Malaysia**

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    Home to the largest national automotive plant, Proton City in Tanjung Malim

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    71 industrial parks

* Manufacturing sector only (2015)
Source: Malaysian Investment Development Authority (MIDA)
** Malaysia is the world’s second largest producer of palm oil
Source: Malaysian Palm Oil Board
** Malaysia is the world’s fifth largest producer of natural rubber
Source: Malaysian Rubber Export Promotion Council