Foreign direct investment (FDI) continues to dominate Johor’s economic landscape, contributing 80% of the RM23 billion in proposed investments for April. Johor executive councillor Lee Ting Han noted that this trend mirrors the first quarter, where FDI made up nearly 90% of RM27.4 billion in new investments.
FDI Powers 80% of Johor’s April Investments, Says Lee Ting Han
Most of the funds are directed toward the Johor-Singapore Special Economic Zone (JS-SEZ), focusing on petrochemicals, advanced manufacturing, and data centres. Singapore, China, and Japan are the top investors. The RM650 million Ferrotec plant, launched yesterday, will boost output and jobs, while Johor aims to strengthen local involvement through MNC collaborations.
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