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RM9.72 billion new investments secured by Iskandar Malaysia

Iskandar Apr-Jun2014 Investments

RM9.72 billion new investments secured by Iskandar Malaysia 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.

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

Johor Menteri Besar, Datuk Seri Mohamed Khaled Nordin told local media on Thursday that 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.

 

* source from PropertyGuru Malaysia on Jul 18, 2014