Johor Attracts Investments Worth Over RM5 Billion From Singapore Visit

JOHOR BAHRU, Aug 21 (Bernama) -- Johor has successfully attracted potential investments worth more than RM5 billion following a series of meetings with investors during a three-day working visit to Singapore that concluded today.

Menteri Besar Datuk Onn Hafiz Ghazi said the achievement reinforced confidence in Johor as an investment destination and emerging growth hub in the region.

He said the potential investments covered several strategic and high-tech sectors, including high-speed optical technology, healthcare and semiconductor manufacturing equipment, bringing not only capital but also technology, expertise and new employment opportunities.

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"Among the factors attracting investor interest is the availability of talent and a highly skilled workforce. Therefore, it is not just infrastructure and facilities that matter, but also the confidence that we have a workforce capable of meeting the needs of their respective industries," he said in a Facebook post today.

Onn Hafiz said talent development through the Johor Talent Development Council (JTDC) therefore remained a top priority.

"We want training and skills development to be aligned with actual industry needs so that when investments arrive, the people of Johor are ready to fill the jobs created.

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"At the same time, the Invest Malaysia Facilitation Centre Johor (IMFC-J) will continue to facilitate and expedite investment-related processes," he said.

He expressed hope that the potential investments would materialise, creating more quality jobs and broader economic opportunities for Johor residents.

"Insya-Allah, we will continue to ensure that every investment coming into Johor brings benefits to the state and Bangsa Johor," he said.

-- BERNAMA