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
Patriotism is the lifeblood of a nation's freedom, independence, stability, and progress.
Patriotism is the lifeblood of a nation's freedom, independence, stability, and progress.
National KPN achieves outstanding performance with over 300 impactful programmes
By SINAR DAILY REPORTER
22 Nov 2024 12:11pm
The ministry’s strategic efforts have successfully maintained the existing harmony and well-being of the nation.
The suspect wearing a white shirt was brought to court accompanied by several police officers to face charges of injuring a first-year UPNM student recently.
The suspect wearing a white shirt was brought to court accompanied by several police officers to face charges of injuring a first-year UPNM student recently.
National UPNM cadet officer charged with injuring junior, stomping on him with spike boots
He was charged under Section 323 of the Penal Code, which carries a maximum sentence of one-year imprisonment, a fine of up to RM2,000, or both, upon conviction.
The decision to extend the Friday prayer break to two hours for Johor's private sector is expected to enhance worker productivity while maintaining smooth business operations. Illustrative picture.
The decision to extend the Friday prayer break to two hours for Johor's private sector is expected to enhance worker productivity while maintaining smooth business operations. Illustrative picture.
National Two-hour Friday prayer break in Johor seen as a boost to worker productivity
By RAIHAM MOHD SANUSI
22 Nov 2024 09:47am
The move aligns with human nature, where employees who are treated well would be happier and consequently perform better at work.
The victims were pronounced dead at the scene. Small photo (Rusdi)
The victims were pronounced dead at the scene. Small photo (Rusdi)
National Three dead, one-year-old baby survives in Duke highway crash
A one-year-old baby boy survived and has been taken to Selayang Hospital for further treatment.