Iskandar Malaysia recorded cumulative total investments of RM129.42 billion from 2006 to October this year, said Johor Mentri Besar, Datuk Seri Mohamed Khaled Nordin.
Khaled, who is also Iskandar Regional Development Authority (IRDA) co-chairman said of the total, 44 per cent or RM56.32 billion represented investments that had been realised.
"To date, local investors have contributed RM84.61 billion (65 per cent) to the committed investments, with the balance of RM44.81 billion coming from overseas," he added.
He was speaking at a news conference following the launch of Iskandar Malaysia's, Implementation of Low Carbon Initiative and Tourist Mobile App, by Prime Minister Datuk Seri Najib Razak at the Parliament building in Kuala Lumpur today.
Mohamed Khaled said manufacturing (including electrical and electronics, petrochemical and oleo-chemical and food and agro-progressing), recorded the highest cumulative committed investments at RM45.6 billion.
This was followed by logistics at RM4.81 billion, tourism (RM2.5
billion), healthcare (RM2.59 billion), education (RM.156 billion), financial services (RM0.6 billion) and creative industries (RM0.4 billion).
He added that the property sector also contributed to the development of Iskandar Malaysia, with the residential, retail and industrial segments collectively contributing cumulative investments of RM49.31 billion as of October 31, followed by utilities at RM12.64 billion.
Government investments, mainly in the infrastructure and public works and emerging technologies contributed RM8.31 billion and RM1.03 billion respectively to total investments
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