ISKANDAR PUTERI: Johor is eyeing RM8 billion in foreign direct investments (FDI) next year from some of the world’s largest corporations which will attest to investors’ confidence in its economic potential. Mentri Besar Datuk Osman Sapian said the state government’s continuous effort had succeeded in convincing investors to invest in various industries in Johor. However, […]

ISKANDAR PUTERI: Johor wants to further strengthen and develop its position as the leading investment destination in Malaysia by focusing on high-technology, high-value and halal industries. State International Trade, Investment and Utilities Committee chairman Jimmy Puah Wee Tse said Johor has the right eco-system to attract investments in the three sectors. “Johor received RM30.5bil in […]

ISKANDAR PUTERI: The state government plans to conduct a working visit to seven countries to achieve its targeted RM8bil worth of investments in Johor this year. The seven countries are United Arab Emirates, China, Australia, the United States of America, Japan, South Korea and Singapore. Johor International Trade, Investment and Utilities Committee chairman Jimmy Puah […]

GELANG PATAH, JOHOR (April 26): Forest City’s Industrialised Building System (IBS) Plant has entered the Malaysia Book of Records (MBR) as the largest fully automated IBS factory in Malaysia. CGPV Industrial Building Systems (CIBS) Sdn Bhd executive general manager Jerry Wang received the recognition from Edwin Yeoh, the adjudicator from MBR in the presence of […]

Being at the right place and at the right time appears to have paid off for Chemical Company of Malaysia Bhd (CCM). Petronas’ need for caustic soda by the hundreds of thousand tonnes at its Refinery and Petrochemical Integrated Development (Rapid) Project in Pengerang, Johor is set to benefit CCM, which manufacturing facilities are sited […]

KUALA LUMPUR (April 25): Global express services provider DHL Express said today that it will start construction of its Southern Malaysia Gateway in Johor this year, with an investment of RM11 million. In a statement today, DHL said the gateway will be purpose-built to meet growing demands of Malaysia’s logistics sector, especially in the southern […]

FROM the Eight Samurai1 of Penang’s electrical and electronics industry to Volvo kick-starting Shah Alam’s automotive industry, the development of Malaysia’s manufacturing sector is inextricably linked with foreign direct investment. As these foreign companies built their bases in Malaysia, they developed local supply chains to ensure the smoothness of their operations and to maintain costs. […]

A Chinese gearbox remanufacturing company plans to open a factory costing RM28 million in Iskandar Malaysia and create over 60 high-quality jobs for locals. State International Trade, Investment and Utilities Committee chairman Jimmy Puah Wee Tse said discussions on the investment are in the final stages and the company is expected to invest in three […]

Malaysia attracted a total of RM139.3 billion worth of investments in the manufacturing, services and primary sectors for the first nine months of 2018. This was an 18% increase from the RM118.1 billion approved in the same period last year. The total investments approved in January-September 2018 were from 3,243 projects and are expected to […]

“Our new textile facility in Johor, Malaysia will house a spinning centre with advanced textile technologies for the export market. The financing agreement between D&Y Group and UOB establishes a long-term overall strategic partnership. We are happy with UOB’s support in providing D&Y Group with long-term credit financing support, trade financing, cross-border settlement and a […]