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Johor recorded RM10.6b approved investments in 1Q, says MB

Johor recorded RM10.6b approved investments in 1Q, says MB

31 May 2023

Johor recorded approved investments worth RM10.6 billion in the first quarter of this year (1Q2023), said Menteri Besar Datuk Onn Hafiz Ghazi.

He said the threefold increase versus RM3.2 billion registered in 1Q2022 was highly commendable for Bangsa Johor.

“God willing, the state government is confident that Johor is on track to repeat the achievement of 2022, which was being the state that recorded the highest investment value in the country amounting to RM70.6 billion.

“The confidence of investors in choosing Johor as their preferred destination will enable the realisation of our aspirations to transform Johor into a developed state by 2030, God willing,” he said in a post on his official Facebook page on Tuesday (May 30).

Onn Hafiz, who is also the state legislative assemblyman for Machap, thanked state Investment, Trade and Consumer Affairs Committee chairman Lee Ting Han and all relevant parties and agencies, urging them to continue working together to repeat last year’s success.

Source: Bernama