Johor attracted RM43bil in investment last year, state assembly told


  • Nation
  • Thursday, 16 May 2024

ISKANDAR PUTERI: Johor recorded RM43bil worth of investment last year, of which RM31bil was foreign direct investment (FDI) and RM12bil, domestic direct investment (DDI), the state assembly was told.

Investment, trade, consumer affairs and human resource committee chairman Lee Ting Han said the manufacturing sector contributed more than RM9.4bil in FDI, with the main investors coming from Singapore, Taipei and the United States.

“The DDI for manufacturing is RM5.1bil and total investment for the sector was RM14bil.

“The service sector contributed RM28.4bil consisting of RM21.5bil FDI from Singapore, China and South Korea, with a recorded DDI of RM6.8bil,” he said here on Thursday (May 16).

Hahasrin Hashim (BN-Panti) wanted to know the total investment the state received last year.

Lee added that the investment had opened up a total of 19,053 job opportunities involving 751 projects.

“(For) the manufacturing sub-sector involved electrical and electronics manufacturing, chemicals and chemical products, and machinery and equipment.

“Sub-sectors for the service sector included ICT, which involved data centres, cloud sharing services, software and system design, as well as creative and digital content,” he added.

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