Johor govt in talks with companies keen on investing locally

  • 📰 staronline
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

KULAI: Johor is expected to see an inflow of investments at least until the second quarter of next year, says executive councillor Lee Ting Han.

He said the state government is now in talks with about 20 companies that have expressed an interest in investing in Johor.“We are facilitating the entry of about 20 companies into Johor at the moment.

“So, we do see an inflow of investments at least until the second quarter of next year and moving forward, it will really depend on the global economic situation,” said Lee, who is state investment, trade and consumer affairs committee chairman. “We will be launching a data centre in Kulai this week and we are also having engagements with two other data centres that are keen to enter Johor.

Lee said the announcement that Pengerang would be a special zone during the tabling of Budget 2023 has also attracted the attention of investors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

At least 20 companies looking to invest in Johor, says exco memberKULAI: The state government is in talks with at least 20 companies that are keen to invest in Johor, says Lee Ting Han.
Source: staronline - 🏆 4. / 75 Read more »