Johor govt in talks with companies keen on investing locally

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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.

 

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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.
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