Investment by region may reach RM636 billion in 2030

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The Iskandar Regional Development Authority (IRDA) aims to achieve a total investment of RM636 billion by 2030, driving a gross domestic product (GDP) growth of 5.5 to 6.5%, with per capita GDP reaching RM58,800.

Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim said this is one of the strategies to achieve Malaysia’s goal of becoming the world’s 30th largest economy and among the top 12 in the Global Competitiveness Index. He noted that growth in the area was driven by government initiatives such as the Johor-Singapore Special Economic Zone and the Forest City Financial Zone.

Anwar also mentioned that the IRDA members’ meeting discussed issues such as the Corridor Zone and the Comprehensive Development Plan 2022-2023, in line with the government’s decision to reorganize the national investment promotion agency landscape, improve investment service centers and promote equitable career matching to improve society. economy.

(Source: enanyang Image source: freepik)

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