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Johor confident of maintaining top position

Johor confident of maintaining top position

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JOHOR BARU: Johor is confident of maintaining its position as the top investment destination for the manufacturing sector in the country despite uncertainties in the global economy.

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Johor Mentri Besar Datuk Seri Mohamed Khaled Nordin said the state had the right ecosystem to continue attracting strong interest from domestic and foreign investors.

 

He said all stakeholders would have to work even harder and put in more efforts to further develop and transform Johor as the leading manufacturing hub in the region.

 

“We are now looking at the export-led sector to spearhead the growth for the state and the country,’’ Mohamed Khaled said at a press conference after attending the Exco Awayday 2016 at the Persada Johor International Convention Centre here.

He said with Malaysia as one of the signatories of the Trans-Pacific Partnership Agreement, export-led activities would be Johor’s main contribution to the country’s development and growth.

 

Mohamed Khaled said Johor drew the highest total approved investments in the manufacturing activities nationwide at RM30bil in 2015.

“The figure does not include the RM6bil investment for the upcoming global data hub centre in Sedenak,’’ he said.

 

Source: Johor confident of maintaining top position

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