IRDA eyes RM300bil total investment by third quarter of 2019

TheStar Mon, Mar 18, 2019 07:31am - 5 years View Original


JOHOR BARU: Iskandar Regional Development Authority (Irda) is confident of reaching the RM300bil mark for its total cumulative committed investment in the third-quarter of 2019.

Chief executive officer Datuk Ismail Ibrahim said it would put the country’s first economic growth corridor on the right track to achieve the RM383bil investment target by 2025.

   

“Interest on Iskandar Malaysia remains strong since day one despite us operating in the ever-changing investment climate and competition from other countries in the region,’’ he said in an interview with StarBiz recently.

Ismail said Irda was not resting on its laurels despite progress and development taking place in Iskandar Malaysia for the past 13 years.

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