Johor eyes top 3 spot in FDI as JS-SEZ gains investor confidence
20 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 will rank among the top three in Foreign Direct Investment (FDI) inflows.
Onn Hafiz said the FDIs will soon to be announce by the Malaysian Investment Development Authority (MIDA) and the Investment, Trade and Industry Ministry (MITI).
He is confident that Johor will be ranked among the top, based on investors interested in the Johor- Singapore Special Economy Zone, introduced in nine flagships across the state.
During a recent high-profile business forum attended by over 300 participants, including 200 potential investors from Singapore, France, Germany, and Malaysia, Onn Hafiz said the growing momentum of the JS-SEZ was outstanding.
The forum organised by the Singapore Business Federation (SBF) and United Overseas Bank (UOB), was an information dissemination session that marked a significant milestone following the JS-SEZ agreement signing.
“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,” he said.
Johor’s push for economic expansion is reinforced by key initiatives, including the establishment of the Invest Malaysia Facilitation Centre-Johor (IMFC-J) to streamline cross-border investments and the Johor Talent Development Council (JTDC) 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 firmly on track to becoming a regional economic powerhouse,” Onn Hafiz said today on his Facebook.
He added with the accelerating investments and robust policies, Johor is poised to become a major driver of Southeast Asia’s economic growth, unlocking vast opportunities for progress and prosperity.
Source: NST
