News_archive

PM Impressed By Iskandar Malaysia’s Progress

By Sunday December 11th, 2011 No Comments

JOHOR BAHARU, Dec 11 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak has expressed amazement at the progress of Iskandar Malaysia after being taken on a helicopter ride to survey the development region’s development.

“I am impressed by the projects being implemented in Iskandar Malaysia, and I am confident the region will progress and achieve its targets,” he told reporters after attending its fifth anniversary celebrations at Puteri Harbour, Nusajaya here Sunday.

Najib, who also received Iskandar Malaysia’s five-year report, said all its announced projects were being implemented.

“All projects are proceeding smoothly and in one or two years’ time, many more projects are expected to be completed,” he said at the media conference which was also attended by Johor Menteri Besar Datuk Abdul Ghani Othman and Khazanah Nasional managing director Tan Seri Azman Mokhtar.

The Prime Minister said the federal government had so far spent RM6 billion on infrastructure projects in Iskandar Malaysia and is prepared to provide additional allocations if necessary.

Asked about progress of the development corridors nationwide, Najib, who is also Finance Minister, said in terms of results and effectiveness, Iskandar Malaysia is at the forefront.

He attributed its success to its location in a region of high demand, its proximity to Singapore, its focused development as well as its synergy and complementarity.

On collaboration with Singapore in Iskandar Malaysia’s development, Najib said he would make an announcement on the matter at a bilateral meeting in the island republic next month.

Earlier in his speech, Najib said so much has been achieved in such a short time, with Iskandar Malaysia already driving the development of a thriving modern metropolis in this southern part of Johor.

“The RM77 billion of investment that has been committed so far has surpassed the five-year target of RM47 billion,” he said.

The Prime Minister said the prospects for the Iskandar region look brighter than ever as it combines its existing strengths in agriculture, logistics and manufacturing with new prospects in healthcare and tourism.

Source : Bernama

Leave a Reply