JOHOR BARU: The state government will launch its Strategic Growth Plan for Johor at the end of the year in an effort to boost the state’s economy by attracting more investors.
Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin said the plan would focus on five key areas that could boost the economy yet would not compromise the state’s practices and traditions.
He said the state government would ensure that Johor remained competitive in the national and global arena.
“At the moment I cannot give a detailed description of the plan, as we need to wait till it is unveiled in November.
“The plan is something that can lead Johor towards a more dynamic future,” he said after the launch of the second phase of the Frontier industrial park called Frontier Industrial Park 2 in Ulu Tiram, here yesterday.
Present were State Secretary Datuk Ismail Karim, State Tourism, Domestic Trade and Consumerism committee chairman Datuk Tee Siew Keong and WB Land Sdn Bhd managing director Woon Leng Yet.
Khaled said sustainable growth was important not only to enhance the state’s economic growth but also ensure a better quality of life for the locals.
On the Frontier project, he said it had added value that could attract more investors to come to the state.
“Investors are very selective and always want the best, such as strategic location, facilities and project advantages offered in strategic locations to invest in.
“I see the launch of the project to be a benchmark for others who want to develop an industrial park.”
Frontier Industrial Park covers 25ha and is slated for completion by end of next year. It offers investors the concept of an industrial park that is equipped with various security features such as a guarded and gated environment complemented with closed circuit television cameras (CCTVs).
He said Iskandar Malaysia secured RM9.72 billion in new investments from April to June this year, bringing a total new investments for this year to RM14.56 billion.
From 2006 until June 30 this year, he said Iskandar Malaysia secured total cumulative committed investment of RM146.2 billion.