Johor steps up Singapore investment push with RM110 billion in approved investments and 8% GDP growth on the table
Johor's Menteri Besar has outlined RM110 billion in approved investments and 8% GDP growth at a Singapore roundtable with Maybank and the Singapore Manufacturing Federation, as the state steps up e... This article ( Johor steps up Singapore investment push with RM110 billion in approved investments and 8% GDP growth on the table ) first appeared on The Independent Singapore News .
Johor's Menteri Besar, Dato' Onn Hafiz Ghazi, recently showcased the state's investment potential to Singapore's business community. The roundtable, attended by Maybank Singapore and the Singapore Manufacturing Federation, included representatives from 39 companies and organizations. According to Invest Johor, the figures presented included an 8% GDP growth rate, the highest in Malaysia, and RM110 billion in approved investments, with RM77 billion within the JS-SEZ.
The investments are expected to create over 24,500 jobs. Dato' Onn Hafiz emphasized that these achievements form the basis of the Johor Economic Transformation Plan, focused on ensuring tangible benefits for Johoreans through skills development and partnerships with various institutions. The visit marked Dato' Onn Hafiz's first to Singapore since his re-election, where he met with high-level Singapore government officials, stressing the significance of stronger economic ties, connectivity, and talent development between the two nations.
Written by urgent.news from The Independent Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
