“This achievement is not merely a statistic but a testament to the importance of Johor and the significant role it plays in Malaysia’s economic growth,” he said.

The state exco member said Johor is committed to creating an environment that supports business growth and investment.

“We will continue to improve the infrastructure and simplify the legislative processes,” he said at a press conference after officiating the opening ceremony of Greif Malaysia (Pasir Gudang).

Also present were Greif Inc president and CEO Ole Rosgaard and Invest Johor CEO Natazha Harris.

Meanwhile, Lee stated that the implementation of the Johor-Singapore Special Economic Zone (JS-SEZ) will further increase the commercial value of the investment sector in the state.

“The unique collaboration between Malaysia and Singapore through Johor aims to stimulate economic growth, innovation, and cross-border trade between the two countries.

“I believe this initiative will also benefit foreign investment businesses operating in the state,” he said.

On the opening of Greif Malaysia, Lee said the US-based company has made an investment worth RM50 million in Pasir Gudang by providing 150 high-skilled job opportunities to the locals.

Greif is primarily known as a packaging product manufacturing company that has production facilities in three Southeast Asian countries namely Malaysia, Singapore and Vietnam.

“Its products include industrial packaging, steel drums, plastic drums, and intermediate bulk containers,” it said.