Strong performance shows investors have confidence in Johor, says exco man


Lee (left) speaking with representatives from IZA.

THE outstanding performance of Johor in attracting RM60.9bil investments in the past six months is a strong indication that both the local and international business communities recognise the state’s merits.

State investment, trade and consumer affairs committee chairman Lee Ting Han said the amount of investments Johor attracted between January and June this year was about half of the national average during the same period.

“This is proof that investors, both local and foreign, continue to recognise Johor’s value proposition.

“This includes our world-class infrastructure such as Tanjung Pelepas Port, which is listed among the top 20 ports in the world and Johor Port, one of the 32 London Metals Exchange (LME) approved storage facilities,” he added.

Lee said the state government’s Invest Johor agency had been tasked to continue attracting investments.

“It acts as a facilitator and coordinator for investors with respect to the government’s policies and regulations.

“Invest Johor also monitors and coordinates investment promotion programmes, essentially acting as the trouble-shooter for the state government,” he said.

Lee added that the Johor government was prepared to attract more investors and revitalise the local economy as the country moved towards Covid-19 endemicity.

He said this in his speech during the opening ceremony of the International Zinc Association’s (IZA) first Asia Pacific Zinc roundtable in Desaru, Kota Tinggi.

On the event, Lee said some 100 zinc industry representatives from 18 countries took part in the three-day event.

“We hope the participants will also take the time to explore possible business opportunities in Johor,” he said.

Lee said IZA played a pivotal role in the development of the global zinc industry.

“This includes developing zinc- related technology and acting as an advocate for the industry.

“Other notable achievements of IZA include providing scientific data to the United Nations Minamata Convention on Mercury experts,” he said.

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investments , Johor , business

   

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