Home Highlights Investments in Johor dropped after 2018 – TMJ

Investments in Johor dropped after 2018 – TMJ

Tunku Ismail Johor investments economic growth

KUALA LUMPUR – The Crown Prince of Johor hoped that the economy in Johor will improve and directly create more job opportunities for the people in the state.

According to Tunku Ismail ibni Sultan Ibrahim, it is very important to ensure that the Johoreans and generate higher income and have higher spending power.

His Royal Highness said, Johor had the highest investment in 2016, 2017 and 2018 but its total investments started to drop after 2018.

https://www.facebook.com/hrhcrownprinceofjohor/posts/489654755850249

He also shared the manufacturing sector investment graft in Johor by the Malaysian Investment Development Authority (MIDA) in his social media post. The graft witnessed a huge drop in 2019 and 2020.

Johor was the state with the highest investment in 2016, 2017 & 2018 with the investment value of RM26.41 billion, RM21.93 billion and RM30.51 billion.

The position dropped to the fourth place in 2019 with an investment value of RM11.46 billion and the fifth place in 2020 with RM6.78 billion.

Johor Investments TMJ Crown Prince of Johor Tunku Ismail

“We need economic policies that encourage economic growth and rapid development. We need to work together to focus on economic recovery. It should be our priority,” said Tunku Ismail. -MalaysiaGazette