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New Straits Times
3 days ago
- Business
- New Straits Times
Johor tops Q1 investment charts with RM30.1b in approved investments
JOHOR BARU: Johor recorded the highest investment performance in Malaysia for the first quarter of this year, securing RM30.1 billion in approved investments, reinforcing its position as the nation's leading investment destination. The strong showing reflected Johor's economic journey, bolstered by strategic federal and state policies aimed at high-value, future-proof sectors. State Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han said most of the investment inflow was channelled into high-impact service sectors, such as logistics, data centres and modern business facilities, which aligned with Johor's ambition to become a leading digital and advanced industrial hub. He attributed the success to several ongoing strategic efforts, including the establishment of the Invest Malaysia Facilitation Centre, which has streamlined investor engagement and approvals. Close coordination with key agencies such as the Malaysian Investment Development Authority, Iskandar Regional Development Authority and local authorities has played a critical role in accelerating investment flows, he said today. The Johor-Singapore Special Economic Zone, which continues to attract strong international interest, was singled out as a growth catalyst. Enhanced infrastructure, such as upgraded road networks, ports and reliable energy supply, has further strengthened Johor's investment appeal. "Johor's consistent policy direction and business facilitation efforts are paying off, with greater investor confidence translating into real capital commitments and job creation. "Stable and pro-industry policy frameworks, including the Johor Fast Lane initiative and skilled workforce development through the Johor Talent Development Council, are also major factors," Lee said. The state pledged to maintain its momentum by strengthening its investment ecosystem, ensuring balanced regional development and unlocking inclusive growth opportunities for Johoreans.
The Star
3 days ago
- Business
- The Star
Johor leads Malaysia's Q1 2025 investments with RM30.1bil, says exco
JOHOR BARU: Johor has emerged as Malaysia's top investment destination for the first quarter of 2025, recording RM30.1bil in approved investments, according to Lee Ting Han. The state investment, trade, consumer affairs, and human resources committee chairman declared the achievement a proud moment for Johor. "The figure not only positions Johor at the forefront of national investments but also reflects the success of forward-thinking and inclusive investment strategies spearheaded by both federal and state governments. "A significant portion of these investments is concentrated in high-impact service sectors such as logistics, data centres, and modern business facilities. "This aligns with Johor's strategic direction to become a hub for the digital economy and high value-added industries," he said on Wednesday (June 11). Lee, who is also the Paloh assemblyman, attributed the success to sustained efforts by various government agencies and stakeholders. He highlighted key drivers such as the establishment of the Invest Malaysia Facilitation Centre to streamline investor dealings, and strong collaboration with the Malaysian Investment Development Authority (Mida), Iskandar Regional Development Authority (Irda), and local authorities. Lee also pointed to continued progress in the Johor-Singapore Special Economic Zone (JS-SEZ), which is attracting international interest, and ongoing infrastructure upgrades, including roads, ports, and energy systems. He noted that the state government has remained consistent with investors through pro-business policies such as Johor Fast Lane and talent development via the Johor Talent Development Council (JTDC). Lee expressed his gratitude to civil servants, industry players, investment promotion agencies, utility providers like Tenaga Nasional Berhad and Ranhill SAJ, and the business community for their contributions. "The Johor government remains committed to strengthening the investment ecosystem, attracting more high-quality investments, creating job opportunities for locals, and ensuring balanced and inclusive development across all regions. Johor will continue to rise as a new economic powerhouse in the region," he added.
