Iskandar Malaysia secures RM9.72b new investments

JOHOR BARU: Iskandar Malaysia has secured RM9.72 billion in new investments from April to June this year, bringing a total new investments for this year at RM14.56 billion.

From 2006 until June 30, 2014, Iskandar Malaysia has secured a total cumulative committed investment of RM146.2 billion.

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Of the total cumulative committed investments, RM69.53 billion, or 48 per cent, represented investments that have been realised as projects on the ground.

In a statement here today, Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin said last year, Iskandar Malaysia secured a total of RM25.33 billion worth of investments and closed the year with a total cumulative committed investment of RM131.64 billion.– Bernama

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