Business

Johor records RM10.6 bil approved investments in Q1: MB

Threefold increase from RM3.2 bil last year highly commendable, says Datuk Onn Hafiz Ghazi

Updated 3 years ago · Published on 31 May 2023 2:47PM

Johor records RM10.6 bil approved investments in Q1: MB
Menteri Besar Datuk Onn Hafiz Ghazi (centre) says the threefold increase versus RM3.2 billion registered in the first quarter of last year is highly commendable for Bangsa Johor. – Facebook pic, May 31, 2023

JOHOR BARU – Johor has recorded approved investments worth RM10.6 billion for the first quarter of this year, said Menteri Besar Datuk Onn Hafiz Ghazi.

He said the threefold increase versus RM3.2 billion registered in the first quarter of last year was highly commendable for Bangsa Johor.

“God willing, the state government is confident that Johor is on track to repeat the achievement of 2022, 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 yesterday.

Onn, also the state 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. – Bernama, May 31, 2023

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