JOHOR BARU: Iskandar Malaysia has set a new cumulative investment target of RM636bil for 2030 after hitting its initial target almost three years ahead of time. “The success of Iskandar Malaysia in achieving its investment target three years in advance shows that the region and Malaysia in general offer various competitive advantages that continue to attract investors’ interest and trust. “A new target has been set to achieve RM636bil in cumulative investments in the next seven years. Badrul Hisham added that domestic investments contributed 55% of the cumulative investments recorded so far, while the rest were foreign investments. “We will play a more significant role in facilitating investment, especially through the Iskandar Malaysia Investment Service Centre.
Source: The Star January 10, 2024 07:06 UTC