Tuesday, July 30, 2013

Economy

Kedah is considered the "rice bowl" of Malaysia, accounting for one about a half of Malaysia's total
production of rice. In 2008, the state government banned the conversion of padi fields to housing and industrial lots to protect the rice industry. Tourism, particularly on the island of Langkawi is of growing importance. More recently, Kedah has forged its economy towards the automotive and aerospace industries with Modenas and Asian Composites setting up bases here. One of the main advantages is the low labour costs and the infrastructure in place with the North-South Expressway and the Penang International Airport close by. In 1996, the Kulim Hi-Tech Park (KHTP) was officially opened as the first high technology industrial park in Malaysia.[citation needed] The Park comprises a total land area of approximately 14.5 square kilometres (5.6 mi²).
According to the Ninth Malaysia Plan, this economic area is part of the Northern Corridor Economic Region (NCER). The Northern Corridor Economic Region is one of three development regions formed in Peninsular Malaysia; other development regions being the Iskandar Malaysia (or South Johor Economic Region) and the East Coast Development Region.

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