Iskandar confident of RM30bil new investments this year


NUSAJAYA: Economic growth corridor Iskandar Malaysia is confident of achieving the RM30bil target set for new investments this year based on its achievement since its launch nine years ago.

Iskandar Regional Development Authority (Irda) chief executive officer Datuk Ismail Ibrahim said it had already received RM3bil in new investments in the first quarter of the year. Irda is the regulatory authority mandated to plan, promote and facilitate the development of Iskandar Malaysia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , iskandar malaysia

   

Next In Business News

Chin Hin Group to develop two lands with combined GDV of RM1.08bil
CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions
Ringgit ends marginally lower on firmer US dollar index
MoF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
Meta Bright signs RM24mil leasing contract with Australia company
OCR Group to develop RM313mil residential project in Rawang
Legacy Credit emerges as substantial shareholder in VCI Global
Fajarbaru wins RM252mil contract from WCT
Axis-REIT disposes of property in Johor for RM162mil
Data centres make up the bulk of RM144.7bil in approved digital investments

Others Also Read