Despite the bleak global economy, Iskandar Malaysia will continuously receive investments and undergo prolific development, said Datuk Nur Jazlan Mohamed, Chairman at UDA Holdings Berhad.
Its rapid growth would be supported by the political decision of Singapore to build the South Johor economic corridor together with Malaysia.
Nur Jazlan, the MP for Pulai, said the republic is supportive of Iskandar Malaysia's success which entails an ensured economic security for Singapore.
Launched at the end of 2006, Iskandar Malaysia has earned RM82 billion in foreign and local investments, and is now considered the most successful economic corridor, among all economic corridors in other states.
Nur Jazlan believes businesses in the republic should transfer to Iskandar Malaysia considering the high cost of doing business in Singapore.
"Job opportunities here will increase and Malaysians need not go to Singapore to work if they relocate here," he noted, citing the 40,000 Malaysians who commute daily to work in Singapore.
The corridor's success, however, should discard negative impressions on Singapore's involvement in Iskandar and Malaysia, he noted.
No comments:
Post a Comment