Iskandar Puteri City Council (MBIP) expects tax revenue to increase under the Iskandar Puteri Local Plan 2035 (RTIP2035).
MBIP mayor Hasrin Kamal Hashim said the rise of between 3% and 8% yearly was based on new investments under the Johor-Singapore Special Economic Zone (JS-SEZ) and more efficient land use.
“The increase in tax revenue will allow us to reinvest in public facilities, infrastructure and city maintenance,” he told StarMetro.
Hasrin Kamal singled out Tanjung Kupang and Gelang Patah as the two investment hotspots in Iskandar Puteri under the JS-SEZ, due to their strategic location and close proximity to Singapore.
He said a new mixed commercial-industrial zone within Tanjung Kupang and the Second Link Crossing Corridor will further boost the JS-SEZ.
“The zone is specially designed to attract three main types of industries,” he added.
They are high-tech logistics, high-tech to attract investment in research and development, engineering and digital solutions as well as smart manufacturing for automation-based industries and industry 4.0 technology.
Hasrin Kamal said the mixed commercial-industrial zone offered flexibility to investors to introduce several activities within a development plan.
He said strategic cooperation between MBIP and Invest Johor, Invest Malaysia Facilitation Centre Johor (IMFC-J), Iskandar Regional Development Authority and PLANMalaysia will facilitate investment in Iskandar Puteri.
“The cooperation with the relevant agencies is done via two main channels, namely Johor Fast Lane and RTIP2025 Policy Support,” said Hasrin Kamal.
RTIP2035 is a master plan that guides the future development of Iskandar Puteri until 2035.
It outlines the planning for residential areas, industry, business and road network to achieve the vision of a smart, sustainable and prosperous city.
