MAPS closure won't affect investment in Perak , says Nizar

Last update: 06/02/2020

IPOH, Feb 6 -- The Perak state government says it is confident that the closure of the Movie Animation Park Studios (MAPS) here on Jan 28 will not affect the investment climate in the state.

State Investment, Industrial and Regional Development Committee chairman Datuk Seri Mohammad Nizar Jamaluddin said the state government is looking at ways to ensure the theme park is revived, including by attracting domestic and foreign investors.

He said discussions have been held with two companies -- one from China, the other a local firm -- who have stated their interest in investing in the theme park, which was opened in June 2017 at a cost of RM520 million.

However, the proposals need to be studied in further detail, he said after visiting the factory of automotive wiring harness manufacturer Dem Draexlmaier Automotive Systems (M) Sdn Bhd here today.

The receiver and manager of Animation Theme Park Sdn Bhd (ATP), Ernst & Young, issued a closure notice stating that MAPS would be closed on Jan 28 until further notice.

On his visit to the factory, he said the state government is expediting the construction of another manufacturing plant nearby.

“The German-based company has been operating here for 35 years. We have received the cooperation of the Malaysian Investment Development Authority Perak and other government agencies to expedite the process,” he said, noting the RM54 million plant is expected to be completed by October and provide 500 jobs over a period of five years after its opening.