Johor is to emerge as the richest state in Malaysia by 2025


JOHOR BARU: Johor is to emerge as the richest state in Malaysia by 2025, overtaking Selangor, if the current trend of development pace and investment inflows continues, an analyst with an investment bank said Friday.

Dr Nazri Khan, Affin Investment Bank Vice-President and Retail Research Head, said the projection was not something impossible to achieve with Iskandar Malaysia, one of the five economic corridors in Malaysia, having attracted more than one-fourth of the RM383bil total investment target by 2025.

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