KUALA LUMPUR: Iskandar Malaysia is on target to hit the RM25 billion mark in new investments for 2016.
Iskandar Regional Development Authority, which oversees the mammoth development in Johor, has already secured RM17.7 billion in new investments for the first half of 2016.
The Authority's federal commissioner (Director of Corporate Management & Finance) Nor Hisham Mohd Yusof told reporters this at the joint announcement of the ISKARNIVAL 2016 festival, organised by Khazanah Nasional, UEM Sunrise and IRDA here today.