Anwar: Iskandar Malaysia secures RM40.3bil committed investments from Jan-Sept 2024


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 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 also 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 its 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. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Anwar Ibrahim , Iskandar Malaysia , IRDA , Johor , ASEAN

   

Next In Business News

Ending flat-rate loan calculations can curb household debt, bankruptcy risks
Blue chips lift FBM KLCI above the 1,600-point level
PNB announces 5.75 sen income distribution for ASB in FY24, highest in five years
Dollar firms as US rates outlook dominates
Surplus will remain the buzzword for oil markets in 2025 despite OPEC+ move
BOJ debated need for caution in raising rates, Oct minutes show
Tuju Setia jumps 18% on RM389mil construction contract
Amicorp Group denies alleged fraud of over US$7bil in 1MDB scandal
FBM KLCI up in early trade, tracking Wall Street gains
Ringgit edges higher against US dollar despite stronger dxy

Others Also Read