Iskandar Malaysia secures RM40bil committed investments, says Anwar

Iskandar Malaysia secures RM40bil committed investments, says Anwar

The prime minister says the realised investments reached RM22.5 billion from January to September 2024.

At the 33rd Iskandar Regional Development Authority meeting, Prime Minister Anwar Ibrahim announced that Budget 2025 projects for Johor require immediate and effective implementation. (Wikipedia pic)
PETALING JAYA:
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 Anwar Ibrahim.

He announced this during the 33rd meeting of the Iskandar Regional Development Authority (Irda) today, as stated in a post on X.

Anwar, who is also the finance minister, noted that the meeting discussed issues related to the direction and initiatives outlined for Iskandar Malaysia, including the Johor-Singapore special economic zone (JS-SEZ), which will provide a boost to the national economy.

“Taking the establishment of the Invest Malaysia Facilitation Centre Johor (IMFC-J) as an example, I emphasised the importance of effective implementation in terms of process efficiency and the approval timeline for applications, in line with the government’s strategy to facilitate business,” he said.

Anwar added that in the context of Johor, various new and ongoing projects announced in Budget 2025 must be welcomed with immediate and effective implementation.

Johor should also leverage the country’s role as the Asean chair in 2025, where several meetings will be held in the state, he said.

“The benefits will only be felt through integrated and effective planning and execution,” said Anwar.

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