KUALA TERENGGANU: Kenyir Lake, the largest man-made lake in South-east Asia, has been officially declared a Free Trade Zone (FTZ), Mentri Besar Datuk Seri Ahmad Said said. He said the state received the official letter, dated Sept 21, from Finance Ministry confirming Kenyir as an FTZ.
"The state government will inject an initial fund of RM100mil for the makeover of Kenyir and we will fully open the doors of a modern Kenyir by the year 2012. "We will make sure that the FTZ is fully utilised to propel the local tourism industry while turning Kenyir into the top holiday destination in this region," Ahmad said after chairing the weekly state exco meeting here Wednesday.
-thestar online.
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