JOHOR BARU: Johor is on track to achieve its RM100bil annual investment target, says Lee Ting Han (pic).
The state investment, domestic trade, consumer affairs and human resources committee chairman said this was based on the increase in approved investments for the first half of this year, totalling RM59.4bil.
He noted that this represented a RM3.3bil increase in investments compared with the same period last year.
“Of the total, RM11.8bil was from the manufacturing sector, while RM47.6bil came from the services sector.”
Lee said recent figures from the Malaysian Investment Development Authority (Mida) also showed that Johor’s economic growth was not solely driven by data centres or property.
“Our growth is supported by the simultaneous development of manufacturing, logistics, the digital economy, construction, tourism and consumer activities.”
Johor’s economic performance has remained strong, recording 8% economic growth last year compared with the national growth rate of 5.2%, he said.
He said Johor had been the fastest-growing state in the country for two consecutive years, with its gross domestic product expanding from RM158.3bil in 2024 to RM170.9bil in 2025, maintaining its position as the country’s third-largest economy.
With the Johor-Singapore Special Economic Zone (JS-SEZ) and Johor Economic Transformation Plan in place, he said the next phase of the state’s economic development should move beyond merely attracting investments to building complete industry ecosystems.
“Once major investments are established, they must further drive the growth of local suppliers, technology, talent and services so that investments can be translated into local orders, higher productivity and high-paying jobs,” he said.
On Aug 28, Mida announced that Johor ranked second in the country in approved investments.
It said growth was supported by the JS-SEZ and the upcoming Rapid Transit System (RTS) Link.
