Johor’s manufacturing investment value rises

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Johor recorded an investment value of RM2.24bil from January to March this year.

State Investment, Trade and Consumer Affairs Committee chairman Lee Ting Han said the value of investments in the services sector for the same period was RM23mil.

“However, the services sector for the same period last year recorded RM39mil,” he said when wrapping up the debate on the Sultan of Johor, Sultan Ibrahim Sultan Iskandar’s decree at the Johor State Legislative Assembly sitting yesterday. Lee said Johor had an advantage in terms of the economic sector, as the state had an investment eco-system, including the manufacturing, services and key sectors, and political stability which were taken seriously by investors as it was related to government policy.

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