Tuesday, 10 March 2015

Malaysia Iskandar 110315 - Records RM158.13 Billion In investments for year 2014


Malaysia Iskandar 110315 - Records RM158.13 Billion In investments for year 2014

Iskandar Malaysia on Tuesday 10 March 2015 reported a total cumulative investment of RM158.13 billion from 2006 until 31 December 2014.

Out of this amount, 49% represents investments that have been realized as projects on the ground.

It is also indicated by the Datuk Ismail Ibrahim - CEO of IRDA (Iskandar Regional Development Authority) that Iskandar Malaysia continues to do well despite the challenges facing the global economy. This is basically backed up by the nine promoted sectors namely

1) Electrical and Electronics
2) Petrochemical and Oleo Chemical
3) Food & Argo Processing Logistics
4) Tourism
5) Healthcare
6) Education
7) Financial Services
8) Creative.
9) Logistics

"This shows the confidence in Iskandar Malaysia especially among the local investors, with domestic investment making up RM101.14 billion or 64% of the toal cumulative committed investments to date as we continue to develop the region into a strong and sustainable metropolis of international standing, " Said Datuk Ismail

This continued to benefits the whole of JB or even Malaysia by creating business opportunities as well as job opening. Iskandar Malaysia is well on track of its long-term Goals.

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