Nation

Iskandar Malaysia secures RM40.3bil in investments from Jan to Sept - Anwar

KUALA LUMPUR: Iskandar Malaysia has recorded committed investments of RM40.3 billion from January to September 2024, with realised investments reaching RM22.5 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

He announced these figures following the 33rd meeting of the Iskandar Regional Development Authority (IRDA) earlier today.

Anwar, who is also finance minister, said the meeting also discussed key issues regarding the region's future direction and initiatives, particularly the Johor-Singapore Special Economic Zone (JS-SEZ), which is expected to significantly boost the national economy.

"Using the Invest Malaysia Facilitation Centre Johor (IMFC-J) as a model, I emphasised the importance of efficient implementation in processes and approval timelines, in line with the government's strategy to facilitate business operations," Anwar said in a Facebook post.

He also said that Johor should leverage its role as the Asean 2025 Chairmanship, as several meetings would take place in the state.

"The benefits can only be fully realised through integrated and effective planning and execution," he added.

Most Popular
Related Article
Says Stories