ISKANDAR PUTERI: The Investment Malaysia Facilitation Centre Johor (IMFCJ) in Forest City here has been officiated by Johor Regent Tunku Ismail Ibni Sultan Ibrahim.
Johor investment, trade, consumer affairs and human resources committee chairman Lee Ting Han said the opening ceremony of the IMFCJ operations office was held on Tuesday (Feb 18).
“The establishment of the centre is a symbol of the state’s commitment to strengthening the Johor-Singapore Special Economic Zone (JS-SEZ) as a catalyst for regional economic growth.
“IMFCJ will function as a strategic hub and ease investments, speed up approval processes, and also act as a bridge for stakeholders to attract high quality investments to Johor,” Lee said in a Facebook post.
The ceremony was also attended by dignitaries such as Johor Mentri Besar Datuk Onn Hafiz Ghazi and Investment, Trade and Industry Minister Datuk Seri Zafrul Abdul Aziz.
Lee urged all quarters to work together to make Johor the choice investment destination in Malaysia and the region.
The IMFCJ is also a one-stop centre involving over 10 federal and state agencies such as local authorities to expedite JS-SEZ investments.
Lee previously said the centre would have dedicated account managers handling the back-end processes for investors. This includes processes such as dealing with local authorities, utility providers and other licensing providers.
For example, some processes which used to take 30 days could be reduced to just seven days while consideration for building plans, which could take up to 57 days previously, could be done in 18 days.
