NILAI, April 2 — The Malaysian Vision Valley (MVV) project is showing renewed progress after previous delays and is now targeted for completion within the year, said Economy Minister Akmal Nasrullah Mohd Nasir.
After a site visit here today, the minister confirmed that the project, a massive state-led economic growth corridor in Negeri Sembilan, has surpassed 60 per cent completion following the appointment of a rescue contractor.
“The government acknowledges that there were challenges and issues previously, and efforts have been made to address them,” he said during a press conference.
“The project is now showing positive progress, and it is hoped that it can be completed within this year so its benefits can be enjoyed by the surrounding areas.”
Akmal Nasrullah explained that the ministry had issued a no-objection certificate (NOC) to facilitate the new contractor's appointment, with the current contract running until July.
However, he acknowledged that several challenges remain, including utility relocation and securing approvals from the highway authority for an alignment that crosses the North-South Expressway.
“Taking into account the challenges involved, the target remains to complete the project within this year, with emphasis placed on expediting the works,” he saiid, adding that the project’s cost remains within the existing contract terms.
Broader economic pressures
Addressing wider economic conditions, Akmal Nasrullah noted that the ongoing conflict in the Middle East has created a global energy crisis, driving up costs for key inputs like diesel and oil.
He said the ministry is actively monitoring the economy by tracking key data and engaging directly with industry players to assess real-time impacts.
A key priority, he added, is managing the medium- to long-term effects of rising diesel prices on rural communities.
“The priority is to ensure that economic activities continue, as consumer spending remains a key indicator of growth,” he said, noting that this is supported by private investment and government infrastructure spending.
Launched in 2018, Vision Valley covers over 153,000 hectares, roughly twice the size of Singapore, spanning the districts of Seremban and Port Dickson. It is designed as a direct extension of the Greater Klang Valley area to capture its economic spillover and drive high-tech industrial growth.
