13 September 2013

Iskandar Malaysia Update - September 2013

There were 2 main news in September 2013 for Iskandar Malaysia, firstly Educity attracted RM700M in investments for its purpose of becoming educational hub of international colleges in Southern Johor, secondly some foreign companies expected to invest RM1.0B in halal industrial hubs in Tanjung Langsat & Sedenak, sub-urb of Iskandar Malaysia. 
NUSAJAYA: The EduCity project in Iskandar Malaysia has attracted some RM700mil in investments with the setting up of several international universities, says Deputy Prime Minister Tan Sri Muhyiddin Yassin.Muhyiddin who is also Education Minister, said that 70% of Educity has been developed with three university campuses and two shared facilities.“Besides EduCity, the Government is also developing Pagoh into a multi-varsity education hub and Bandar Sri Alam in Pasir Gudang as a ‘City of Knowledge’,” he said at the ground-breaking ceremony of Management Development Institute of Singapore (MDIS) here yesterday.
JOHOR BAHARU, Sept 3 — Several foreign companies producing halal products are close to investing over RM1 billion in the two international halal industrial hubs in Iskandar Malaysia here.Halal Industry Development Corp Sdn Bhd’s Vice President of Special Projects, Prof Malik Musharaf, said the companies will invest in the hubs in Tanjung Langsat and Sedenak, which were owned and managed by IRDA and the Johor state government."The companies, from Japan, Indonesia, Turkey and Singapore, are in the final stage of discussions with the local authorities on the investments involving over RM1 billion," he told Bernama here today.

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