Johor closer to becoming top FDI destination

21 Feb 2025

JOHOR is set to solidify its status as a top investment destination, with Menteri Besar Datuk Onn Hafiz Ghazi expressing confidence that the state would be among the top three in drawing foreign direct investment (FDI).

Onn Hafiz said the FDIs would soon to be announced by the Malaysian Investment Development Authority (Mida) and the Investment, Trade and Industry Ministry.

He is confident that Johor would be highly ranked, based on investor interest in the JohorSingapore Special Economic Zone (JS-SEZ), which covers nine flagship areas in the state.

During a recent business forum attended by over 300 participants,

including 200 potential investors from Singapore, France, Germany and Malaysia, Onn Hafiz said the growing momentum of interest in the JSSEZ was outstanding.

The forum, organised by the Singapore Business Federation and United Overseas Bank, was an information dissemination session that marked a milestone following the signing of the JSSEZ agreement.

“This forum reaffirms international

investors’ confidence in Johor as a competitive investment hub.

“The strategic investments discussed will not only create high-quality job opportunities but also drive infrastructure development and boost the state’s economy.”

Johor’s push for economic expansion is reinforced by key initiatives, including the establishment of the Invest Malaysia Facilitation Centre-Johor to

streamline cross-border investments and the Johor Talent Development Council to cultivate a highly skilled workforce.

“JS-SEZ is no longer just a vision, it is taking shape and delivering results.

“With strong investor backing and close collaboration among all stakeholders, Johor is on track to becoming a regional economic powerhouse,” Onn Hafiz said on Facebook yesterday.

Source: NST