Johor eyes RM15bil investments from Singapore firms

Johor eyes RM15bil investments from Singapore firms

This follows meetings between top Johor officials, led by menteri besar Onn Hafiz Ghazi, and executives from several international companies in the republic.

Johor menteri besar Onn Hafiz Ghazi and his delegation during one of their meetings with top company executives in Singapore. (Onn Hafiz Ghazi Facebook pic)
SINGAPORE:
Johor has the potential to draw investments of around RM10 billion to RM15 billion from several international companies based here, according to menteri besar Onn Hafiz Ghazi.

He said this following his meetings with representatives of several international companies, which included AirTrunk, the biggest hyper-scale data centre company in Asia-Pacific and Japan; and Wilhelmsen, a renowned maritime group at the global level.

“Besides these two, I met with a few potential investors from other countries,” he said in an update on his Facebook today, alongside several photos of his meetings with the companies’ representatives.

Onn Hafiz is on a three-day official visit to Singapore, aimed at enhancing the good relations between the republic and Johor.

“God willing, besides the thousands of high-income jobs for Bangsa Johor, economic spillovers and developments that will be generated from these investments will certainly bring more prosperity to the state.

“All these show that Johor continues to remain the main destination of choice for industry players at the global level,” he said.

He said the state government, with the help of the federal authorities, is committed to becoming the facilitator in terms of offering utilities and infrastructure up to tax incentives, to provide a more investor-friendly environment to industry players.

The meetings were attended by Johor’s investment, trade and consumer affairs committee chairman Lee Ting Han, deputy state secretary (development) Ridha Abd Kadir, and Iskandar Regional Development Authority chief executive Badrul Hisham Kassim.

Also present were Malaysian Investment Development Authority Singapore director Vinothan Tulisinathzan, Invest Johor chief executive Zarina Abdul Kadir, Johor Economic, Tourism and Cultural Office Singapore CEO Saifuddin Abdul Rahim, and Invest Johor manager Sarkawi Zainal Abidin.

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