Iskandar Malaysia secures RM9.72b new investments

JOHOR BARU: Iskandar Malaysia has secured RM9.72 billion in new investments from April to June this year, bringing a total new investments for this year at RM14.56 billion.

From 2006 until June 30, 2014, Iskandar Malaysia has secured a total cumulative committed investment of RM146.2 billion.

Of the total cumulative committed investments, RM69.53 billion, or 48 per cent, represented investments that have been realised as projects on the ground.

In a statement here Thursday, Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin said last year, Iskandar Malaysia secured a total of RM25.33 billion worth of investments and closed the year with a total cumulative committed investment of RM131.64 billion.

-- Bernama