83 investments projects will be prioritised, says Johor caretaker state executive councillor


JOHOR BARU: The Johor government will prioritise 83 investment projects under the Johor Economic Transformation Plan (JETP), says caretaker state executive councillor Lee Ting Han.

The caretaker investment, trade, consumer affairs and human resources committee chairman said the projects were identified across eight priority sectors.

"The 83 catalytic projects that have been identified are worth a total of RM167.4bil and span eight priority sectors carefully selected based on Johor's strengths and competitive advantages.

"These projects are expected to play an important role in helping Johor achieve its economic transformation targets by 2030," he said at the launch of JETP here on Thursday (June 18).

The launch was officiated by caretaker Mentri Besar Datuk Onn Hafiz Ghazi.

The eight sectors are electrical and electronics, energy, chemicals and petrochemicals, healthcare and pharmaceuticals, aerospace, logistics, tourism, and agriculture.

Lee said the plan, developed as part of an effort to strengthen economic development, was created following 200 engagement sessions, workshops and discussions involving various stakeholders.

"The plan has set three key targets to be achieved by 2030, namely increasing Johor's gross domestic product (GDP) from RM158bil in 2024 to RM260bil, raising GDP per capita to RM69,000 and creating more than 200,000 new quality jobs," he said.

He added that the plan also aims to ensure economic growth is distributed more evenly throughout Johor rather than being concentrated in Johor Baru, Kulai and the Johor-Singapore Special Economic Zone (JS-SEZ).

"Each district has been mapped according to its economic strengths and development potential.

"The state government has also outlined 32 intervention initiatives, including 13 priority initiatives, to ensure the successful implementation of JETP and accelerate delivery of the identified projects," he said.

 

 

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