IRDA’s RM636b investment goal to help propel Malaysia into top 30 global economies

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KUALA LUMPUR: The Iskandar Regional Development Authority’s (IRDA) target to achieve cumulative investments of RM636 billion by 2030 is among Iskandar...

: The Iskandar Regional Development Authority’s target to achieve cumulative investments of RM636 billion by 2030 is among Iskandar Malaysia’s strategies to assist the country in becoming one of the top 30 global economies and the top 12 in global competitiveness.said that during the same period, IRDA also aims for a gross domestic product growth rate of 5.5-6.5 per cent and a GDP per capita of RM58,800.

Earlier today, the Prime Minister chaired the 32nd IRDA Members’ Meeting, which, among other things, examined its future direction as the Corridor Authority and the coordination of the Iskandar Malaysia Comprehensive Development Plan III under the MADANI Economy agenda. He added that this is in line with the government’s decision to restructure the country’s investment promotion agencies, starting with the alignment of functions and roles of investment-related regional economic corridors.

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