JOHOR BARU: Coronation Square is expected to generate more than RM9bil in economic spin-offs and create some 60,000 jobs, says Johor Mentri Besar Datuk Onn Hafiz Ghazi.
Onn Hafiz said the outcomes of the landmark integrated project are fully aligned with the state government's Maju Johor 2030 vision.
“What is particularly exciting about developments of this scale are the tangible economic benefits they bring to our state.
“From construction to operations, Coronation Square will create employment opportunities across multiple sectors.
“As I understand it, Coronation Square will generate more than RM9bil in economic spin-offs and create up to 60,000 jobs over the long term,” he said.
Also present at the event were Johor Economic and Investment advisor Datuk Seri Hasni Mohammad and Singapore's Consul-General in Johor Baru Ng Kuan Khai.
He said this in his speech during the groundbreaking ceremony of the Coronation Square Mall on Thursday (May 7).
He said the Coronation Square project is vital for the three key roles it plays, including shaping and revitalising the Johor Baru city centre.
“It also reinforces both our cross-border and public connectivity while having a significant and inclusive economic impact,” he said.
The new retail mall, expected to be completed in 2029, is a key feature of Coronation Square, a landmark integrated development rising in the heart of the city’s Ibrahim International Business District (IIBD).
The 1.25 million sq ft mall will anchor Coronation Square’s eight-tower masterplan, which includes premium offices, a fully sold residential component, a hospital and a hotel.
