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JOHOR BARU: Fund managers in Singapore see the improved bilateral ties between the island state and Malaysia as the major driver of development in Iskandar Malaysia.
THE involvement of the Malaysian and Singaporean governments in the development of real estate in Johor and Singapore is significant in more ways than one. It is not only a move that harnesses the benefits to be reaped from real estate development in both countries; there is also the political side of it, besides the social aspect.
KUALA LUMPUR: The Iskandar Regional Development Authority (Irda) is seeking higher allocation of funds from the Government in the upcoming Budget 2012, compared with 2011. For 2011, the Government had allocated RM945mil to the economic growth corridor in Johor, Irda chief executive officer Ismail Ibrahim(pic) told i>StarBiz/i>.
KUALA LUMPUR: About 39%, or RM27bil, of the RM69.48bil investments committed to Iskandar Malaysia has been 'realised' in the first phase of the project's development, according to Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim.