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ISKANDAR Malaysia (IM) will celebrate its sixth anniversary on Nov 4. The current five-year period (2011-2016) is the second phase of the master plan, which will focus on delivering and ensuring the development from phase one is able to create more opportunities in wealth creation.
THIS year will be the tipping point for Iskandar Malaysia, says Iskandar Regional Development Authority (Irda) chief executive officer Ismail Ibrahim (pic) in an email interview. From the time the project was launched by former premier Tun Abdullah Ahmad Badawi to March this year, the growth corridor had a total cumulative committed investments of RM87.56bil versus the targeted amount of RM47bil needed for its first phase (2006-2010).