Focus

Onn Hafiz: Johor has potential to receive RM10 billion investment from Singapore-based international companies

12 Feb 2023 10:51pm
Johor has potential to draw investments of around RM10 billion to RM15 billion from several international companies based in Singapore, according to Menteri Besar Datuk Onn Hafiz Ghazi. - BERNAMA
Johor has potential to draw investments of around RM10 billion to RM15 billion from several international companies based in Singapore, according to Menteri Besar Datuk Onn Hafiz Ghazi. - BERNAMA

SINGAPORE - Johor has the potential to draw investments of around RM10 billion to RM15 billion from several international companies based in Singapore, according to Menteri Besar Datuk Onn Hafiz Ghazi.

Onn Hafiz said this following his meeting with representatives of several international companies, among them, AirTrunk, the biggest hyper-scale data centre company in Asia Pacific and Japan; and Wilhelmsen, one of the renowned maritime groups at the global level.

"Besides them, I also met with a few potential investors from other countries,” he said in an update on his Facebook today, alongside several photos of his meetings with the companies' representatives.

Onn Hafiz is currently on a three-day official visit to Singapore beginning today, aimed at further enhancing the good relations between the republic and Johor.

"Insya-Allah, besides the thousands of high-income jobs for Bangsa Johor, economic spillovers and developments that will be generated from these investments, certainly will bring more prosperity to the people in the state.

"All these show that Johor continues to remain the main destination of choice for industry players at the global level,” he said.

He said the state government with the help of the federal government is committed to becoming the facilitator in terms of offering utilities and infrastructure, up to tax incentives, to provide a more investor-friendly environment to industry players.

The meeting was attended by State Investment, Trade and Consumer Affairs committee chairman Lee Ting Han; Deputy State Secretary (Development) Datuk Mohammed Ridha Abd Kadir; and Iskandar Regional Development Authority chief executive Datuk Dr Badrul Hisham Kassim.

Related Articles:

Also present were Malaysian Investment Development Authority Singapore director Vinothan Tulisinathzan; Invest Johor chief executive Zarina Abdul Kadir; Johor Economic, Tourism and Cultural Office Singapore chief executive officer Saifuddin Abdul Rahim; and Invest Johor manager Sarkawi Zainal Abidin. - BERNAMA

Onn Hafiz Ghazi
Menteri Besar
potential
Johor
INVESTMENT
Singapore
international companies
More Like This
Youth and Sports Minister Hannah Yeoh - Photo by Bernama
Youth and Sports Minister Hannah Yeoh - Photo by Bernama
National Court dismisses Hannah Yeoh's defamation suit against Musa Hassan
Judicial Commissioner Arziah Mohamed Apandi ruled after finding that the plaintiff had failed to establish that the defendant’s (Musa) statements were defamatory.
Anwar, in a special press conference in Subang, said that he would meet with Prabowo and Thaksin to discuss regional strategic issues and developments within Asean. - Photo source: Anwar Ibrahim/FB
Anwar, in a special press conference in Subang, said that he would meet with Prabowo and Thaksin to discuss regional strategic issues and developments within Asean. - Photo source: Anwar Ibrahim/FB
National Prabowo unwell, meeting with Anwar postponed
Anwar said he had arrived in Langkawi for the meeting, but Prabowo requested a few days' postponement due to illness last night.
The case involving GISBH chief executive officer Nasiruddin Mohd Ali, his wife Azura Md Yusof, and 20 others charged with being members of an organised criminal group has been transferred to the Shah Alam High Court. - Photo by Bernama
The case involving GISBH chief executive officer Nasiruddin Mohd Ali, his wife Azura Md Yusof, and 20 others charged with being members of an organised criminal group has been transferred to the Shah Alam High Court. - Photo by Bernama
National Trial of GISBH CEO, 21 others transferred to Shah Alam High Court
Also charged alongside the two former top leaders is Mohammad Adib At-Tarmimi, the son of the late Al-Arqam founder, Ashaari Muhammad.
Visitors take the opportunity to take pictures with Santa Claus and the stunning Christmas decorations at a shopping centre. Photo by Bernama
Visitors take the opportunity to take pictures with Santa Claus and the stunning Christmas decorations at a shopping centre. Photo by Bernama
National Colourful decorations, year-end promotions draw crowds ahead of Christmas in KL
People from all walks of life, including foreign tourists, are taking the opportunity to enjoy the festive atmosphere ahead of the celebration on Dec 25, with many also doing last-minute preparations.