Updates on Iskandar Malaysia
Wednesday, 27 October 2010 17:18
administrator
SOURCE: http://www.iskandarmalaysia.com.my/category/news-category/iskandar-malaysia
Iskandar Malaysia
26 OCTOBER 2010, BY NEW STRAITS TIMES
ISKANDAR Malaysia will continue to prosper with a conducive business environment and better infrastructure following the RM339 million allocation as announced in the Budget 2011 recently.
Iskandar Regional Development Authority (Irda) chief executive Ismail Ibrahim (picture) said the allocation was in the right direction as Irda was overseeing various infrastructure developments, in line with its effort to enhance the business environment and provide quality life for the people.
For Johor Baru residents, the most visible on-going highway projects are the Eastern Dispersal Link (EDL), Johor Baru coastal highway, and upgrading of the Middle Ring Road.
21 OCTOBER 2010, BY THE STAR
More property development projects in Iskandar Malaysia will be equipped with the high-speed broadband (HSBB UniFi) services within the next two to three years.
Telekom Malaysia Bhd (TM) Johor general manager Mohd Roslan Mohd Rashidi said the company would be signing service agreements with 19 more developers in Iskandar until end of next year.
He said they would be joining Mudra Tropika Sdn Bhd and Dynasty View Sdn Bhd who signed similar agreements to provide HSBB network and services for their property buyers.
“Presently, 2,000 premises in Iskandar have access to HSBB UniFi and the figure is expected to increase to 120,000 by 2013,” said Mohd Roslan.
20 OCTOBER 2010, BY THE STAR
Besides targeting foreign investors, UEM Land Holdings Bhd wants to attract more local investors to participate in the development of Nusajaya.
Its Nusajaya project director Zulkifli Tahmali said investors could buy land in Nusajaya and develop it themselves or team up with the company in joint-venture projects.
However, UEM Land would not embark on a project if the potential partner was also involved in property development, he said.
“The best example is our collaboration with Malaysian Biotechnology Corp Bhd (BiotechCorp) in developing BioXCell, a biotech park project,” Zulkifli told StarBiz at the launch of the company’s newest housing project Nusa Bayu here recently.
18 OCTOBER 2010, BY BERNAMA
The government is allocating RM850 million for infrastructure support to accelerate corridor and regional development, focusing on several clusters with specialisation and geographical advantages.
Prime Minister Datuk Seri Najib Tun Razak said that efforts to develop the corridors will focus on joint venture projects between local and foreign investors as well as high impact industries with competitive advantage.
For Iskandar Malaysia, a sum of RM339 million is allocated, including for construction of highways, development of housing areas, and providing and improving public transportation services.
18 OCTOBER 2010, BY THE STAR
Telekom Malaysia Bhd (TM) will next year sign service agreements with 19 property developers in Johor to provide high-speed broadband (HSBB UniFi) services in their projects.
TM Johor general manager Mohd Roslan Mohd Rashidi said all 19 projects were located within Iskandar Malaysia in greenfield areas where it would be easier to lay the HSBB infrastructure instead of brownfield areas or places that were already developed.
“Presently, 2,000 premises within Iskandar have access to HSBB UniFi and the figure is expected to increase to 120,000 by 2013,” he told a press conference after an agreement signing between TM and UMLand Bhd subsidiary Dynasty View Sdn Bhd for the provision of HSBB UniFi services in Taman Seri Austin.
18 OCTOBER 2010, BY BERITA HARIAN
JOHOR BAHRU: Iskandar Malaysia akan terus meningkatkan persekitaran perniagaan serta melakukan reformasi menerusi peruntukan RM339 juta seperti diumumkan melalui Bajet 2011.
Ketua Eksekutif Pihak Berkuasa Wilayah Pembangunan Iskandar (IRDA), Ismail Ibrahim, berkata bajet itu satu petanda baik kepada rakyat dalam usaha awal pihak kerajaan untuk meningkatkan kualiti kehidupan rakyat terutama golongan berpendapatan rendah.
Katanya, peruntukan membabitkan pembinaan jalan raya, pembangunan kawasan perumahan serta meningkatkan kegunaan pengangkutan awam berkenaan jelas dapat memberikan banyak manfaat kepada masyarakat umum tanpa mengira bangsa dan agama.
18 OCTOBER 2010, BY UTUSAN MALAYSIA
Kerajaan negeri berterima kasih kepada Kerajaan Pusat atas tumpuan yang diberikan terhadap negeri ini dalam Bajet 2011 yang memperuntukkan sebanyak RM6 bilion bagi membolehkan Iskandar Malaysia berkembang mengikut landasan yang ditetapkan.
Menteri Besar, Datuk Abdul Ghani Othman berkata, peruntukan itu membolehkan Iskandar Malaysia memberi tumpuan dari segi pertumbuhan dalam bidang minyak dan gas serta industri hiliran berkaitan.
"Iskandar Malaysia juga mendapat sokongan berterusan dengan peruntukan RM339 juta untuk meningkatkan kemudahan infrastruktur dan pengangkutan awamnya," katanya dalam satu kenyataan di sini, semalam.
18 OCTOBER 2010, BY THE STAR
Johor thanks the Federal Government for its unwavering support to further develop Iskandar Malaysia in Budget 2011.
Iskandar will receive RM339mil for infrastructure projects such as construction of highways and improve road connectivity within the 2,217 sq km growth corridor.
Apart from the infrastructure projects, the allocation would also be used to develop housing areas as well as provide and improve transportation services.
Mentri Besar Datuk Abdul Ghani Othman who is the co-chairman of the Iskandar Regional Development Authority with Prime Minister Datuk Seri Najib Razak said the continuous support reflected the Federal Government’s commitment to ensure the success of Iskandar.
13 OCTOBER 2010, BY UTUSAN MALAYSIA
The biotechnology industry is all set to enter the second phase of the National Biotech Policy from 2011 to 2015, which focuses on bringing scientific discoveries and innovations to market.
"The second phase is the most challenging phase and needs more collaboration with the stakeholders," Malaysian Biotech Corporation (BiotechCorp) chief executive officer Datuk Iskandar Mizal Mahmood said Tuesday.
One of the most critical factors to efforts under the second phase is the commercialisation of Malaysian research and development (R&D), especially on a global scale, he said during a press conference on BioMalaysia 2010.
13 OCTOBER 2010, BY BERNAMA
The biotechnology industry is all set to enter the second phase of the National Biotech Policy from 2011 to 2015, which focuses on bringing scientific discoveries and innovations to market.
"The second phase is the most challenging phase and needs more collaboration with the stakeholders," Malaysian Biotech Corporation (BiotechCorp) chief executive officer Datuk Iskandar Mizal Mahmood said Tuesday.
One of the most critical factors to efforts under the second phase is the commercialisation of Malaysian research and development (R&D), especially on a global scale, he said during a press conference on BioMalaysia 2010.
Last Updated on Wednesday, 27 October 2010 17:20
Latest updates on Iskandar Malaysia
Tuesday, 02 March 2010 21:54
administrator
25 FEBRUARY 2010, BY THE STARRaffles Education Corp Ltd, the largest private education provider in the Asia-Pacific region, will collaborate with Education@Iskandar Sdn Bhd, a subsidiary of Iskandar Investment Bhd, to determine the feasibility of establishing a multi-institutional education campus in Iskandar Malaysia.
In a statement yesterday, it said the development would be known as Raffles University Iskandar and would include the launch of Raffles University as part of its first phase of development.
The proposed Raffles University would be developed on a 26-ha site and would offer a range of undergraduate programmes. The university would enrol about 5,000 students within its first five years.
25 FEBRUARY 2010, BY CHANNEL NEWS ASIAPrivate education provider Raffles Education said it is determining the feasibility of a multi-institutional education campus in Iskandar, Malaysia.
It is collaborating with a subsidiary of Iskandar Investment Berhad, Education@Iskandar, and the joint development will be known as Raffles University Iskandar.
The proposed university will be developed on a 65-acre plot of land and will offer undergraduate programmes including business, technology, health science and social science specialisations.
It aims to enrol about 5,000 students within its first five years.
25 FEBRUARY 2010, BY BUSINESS TIMES SINGAPORERAFFLES Education Corporation Limited will be collaborating with Education@Iskandar Sdn Bhd - a wholly-owned subsidiary of Iskandar Investment Berhad - to study the feasibility of establishing a multi-institutional education campus in Iskandar Malaysia.
The development will be named 'Raffles University Iskandar' and will include the launch of Raffles University as part of the first phase.
Both parties intend to eventually form a joint venture company in Malaysia to build and operate Raffles University Iskandar.
The proposed Raffles University will be developed on a 65-acre plot of land and aims to enroll about 5,000 students within the first five years.
25 FEBRUARY 2010, BY BUSINESS TIMES SINGAPORERAFFLES Education Corporation (REC) is looking to extend its ties with Malaysian state investor Khazanah Nasional with a possible collaboration on a multi-institutional education campus in Iskandar Malaysia.
The school operator said yesterday that it is looking to work with a Khazanah subsidiary, Education@Iskandar, to set up a campus - to be known as Raffles University Iskandar - through a joint venture. It did not provide an investment figure for the proposed joint venture.
25 FEBRUARY 2010, BY THE STARThe state is confident of attracting more than RM50bil in foreign direct investments (FDI) in the oil and gas sector by 2013.
Mentri Besar Datuk Abdul Ghani Othman said, despite suffering from the economic downturn last year, the state’s decision to focus on the sector had garnered positive feedback.
More than 10 multinational companies had set up operations worth over RM4bil and created 4,000 jobs here, he said during the official opening of Langsat Terminal (One) in Pasir Gudang here.
The state was improving the region’s viability by upgrading access and connectivity by building the Senai-Desaru Highway and a second highway connecting Desaru to Kuantan, he added.
24 FEBRUARY 2010, BY TANK STORAGE MAGAZINEWhile oil storage is highly sought after in Singapore, the newly opened Johor storage terminal is going to expand, in an attempt to catch more business from Singapore-based oil traders.
The RM500 million (€54 million) Langsat terminal is to invest an additional RM90 million and develop a further 80,000 m3.
Langsat terminal chairman Ngau Boon Keat said that plans were also underway regarding the construction of another 170,000m3 of storage capacity for the terminal, but an investment figure was not given.
As the Langsat terminal is currently used mainly by oil trader Trafigura, Keat went on to say, ‘We are also planning to acquire more land for the construction of more tankage facilities for other customers as well.’
23 FEBRUARY 2010, BY BUSINESS TIMES SINGAPORELangsat Terminal inaugurates first phase of RM500m tankage project WITH continuing strong demand and limited supply of oil storage in Singapore, a newly-opened Johor oil storage terminal yesterday announced further expansion plans to try to capture terminalling business from Singapore-based oil traders.
Langsat Terminal, operated by Dialog Group, MISC and oil trader Trafigura at Tanjung Langsat, said it is investing a further RM90 million (S$37.3 million) to develop a third phase of 80,000 cubic metres, adding to the RM500 million investment in the first two completed phases of a total 400,000 cu m of storage.
23 FEBRUARY 2010, BY BERNAMAThe Tanjung Langsat Industrial Complex has attracted 10 multinationals and their investments totalling RM4 billion create more than 4,000 employment opportunites for the local population.
Johor Menteri Besar Datuk Abdul Ghani Othman revealed this Monday at the launch of Langsat Terminal (One) Sdn Bhd (LgT-1).
LgT-1, a joint-venture tank terminal project between Dialog Group Bhd, MISC Bhd and Puma Energy Asia BV whose holding company is Trafigura Beheer BV, is located within the vicinity of Tanjung Langsat Port in Pasir Gudang.
The addition of LgT-1 to the Langsat Industrial Complex, Ghani said, would boost the state government's effort to develop Southeast Johor as the next regional oil and gas hub.
22 FEBRUARY 2010, BY KOSMOBENTONG –Labur RM200 juat dalam resort dan hotel di Iskandar Malaysia, Johor.
Itulah yang bakal dilakukan oleh GentingMalaysia Berhad dalam tempoh dua tahun lagi bagi merancakkan lagi pembangunankoridor wilayah selatan tersebut.
Menurut Pengerusi Kumpulan Genting Tan SriLim Kok Thay, perkara itu telah dibincangkan dengan kerajaan negeri Johor sertaKhazanah Nasional Berhad dan mendapat kerjasama baik daripada kedua-dua pihak.
Katanya, dalam hal ini, pihaknya inginmenyahut seruan kerajaan untuk membuat pelaburan di kawasan tersebut.
“Kita mempunyai sejumlah tanah perladanganberdekatan Kulai di Johor dan secara kebetulan ia termasuk dalam kawasanIskandar Malaysia.”
22 FEBRUARY 2010, BY NEW STRAITS TIMESMOST successful major theme parks around the world are both top tourist attractions and money-spinners, with people willing to fly half way round the globe with their families just to enjoy their fantastic rides.
However, building a theme park requires huge capital outlay and comes with no guarantee of success, even if it has the best facilities and is in a good location. Furthermore, new rides and attractions have to be added every few years so its repeat visitors will not get bored of experiencing the same old thing. SOURCE: http://www.iskandarmalaysia.com.my
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Some fact & figures about Iskandar Malaysia
Monday, 26 October 2009 18:57
administrator
Fact & Figures
Land Size- Iskandar Malaysia covers a land size of 2,217 sq. km.
- 3 times the size of Singapore.
- 48 times the size of Putrajaya.
GDP (Gross Domestic Product)- Total Iskandar Malaysia GDP is about USD 20 billion in 2005, 60% of Johor's total GDP of USD 33.4 billion.
- Current per capita GDP for Iskandar Malaysia is about USD 14,790 which is higher than the Johor per capita GDP of USD 10,757 but half of Singapore's (about USD 30,000).
- Services and Manufacturing sectors are the two main pillars of Iskandar Malaysia's economy, but Services dominate by contributing about USD 10 billion in Iskandar Malaysia.
- Within the Services sector, Wholesale and Retail trade contributes 42.2%, Tourism and Hospitality (16.8%), Professional and Business (14.6%), Transport and Related (12.7%), Medical and Educational (6.7%), Financial (6.6%).
Population by 2025 - Iskandar Malaysia is estimated to have 1.35 million people or 43% of Johor's population of 3.17 million. Some 66% of the population is of working age.
- Malays comprise 48.2%; Chinese 35.8%; Indians 9.4% & foreigners 6.6%. One third of the population is estimated at below 15 years old.
SOURCE: http://www.iskandarmalaysia.com.my
Latest Updates on Iskandar Malaysia
Saturday, 24 October 2009 09:37
administrator
21 OCTOBER 2009, BY BERITA HARIANProjek usaha sama antara United Malayan Land Bhd dengan Tradewinds Johor Sdn Bhd di Bandar Pulai Jaya, Johor, dijangka menyumbang nilai pembangunan kasar sebanyak RM718 juta.
Dijadualkan siap dalam tempoh lima tahun, pembangunan yang dicadangkan itu juga akan melengkapkan dan meningkatkan sumbangan perbandaran dan pembangunan khusus yang sedia ada.
“Usaha kerajaan menjadikan Iskandar Malaysia sebagai hab pelaburan ideal di wilayah selatan, menawarkan peluang besar pertumbuhan dan perluasan,”kata Ketua Eksekutif United Malayan Land, Pee Tong Lim menerusi satu kenyataan baru-baru ini.
20 OCTOBER 2009, BY THE STARPETALING JAYA: Scientex Bhd, via wholly-owned subsidiary Scientex Quatari Sdn Bhd, has entered into a share sale agreement with Binaik Equity Bhd to acquire the entire issued and paid-up capital of Johline Realty Sdn Bhd for RM65.3mil cash.
Scientex is an industrial packaging and property developer company while Johline’s main activities are property development and investment holding.
Scientex told Bursa Malaysia yesterday the proposed acquisition was in line with the plan to expand its landbank in strategic locations for its future property development and expansion in Pasir Gudang, Kulai and Iskandar Malaysia in Johor.
19 OCTOBER 2009, BY PROPERTY-REPORT.COMIskandar Investment Berhad, developer for Iskandar Malaysia showcased its new lifestyle retail mall, Medini North at The International Council of Shopping Centers Asia Expo (ICSC Expo) at Suntec City, Singapore from 14-16 October.
19 OCTOBER 2009, BY ZAZALI MUSA, THE STARGELANG PATAH: A second theme park, after Legoland, is coming up in Iskandar Malaysia.
It will be a 5,574 square metre indoor park meant to delight children below 12-years-old, said Johor Mentri Besar Datuk Abdul Ghani Othman.
He said the park would be in Puteri Harbour, a waterfront, mixed development project in Nusajaya.
It will be a joint-venture betweeen UEM Land Holdings Bhd and a foreign investor.
“Work will probably take place next year,” Ghani said at a Hari Raya open house organised by Taman Nusantara developer, Denia Development Sdn Bhd.
Ghani declined to divulge the investment cost or who the foreign investor was. The Star, however, learnt that the investor was WalMart Group, a US-based conglomerate.
14 OCTOBER 2009, BY SIM BAK HENG, NEW STRAITS TIMESTHE Iskandar Regional Development Authority (Irda) is focusing on road transport development, especially bus services, which forms part of the 32 development blueprints of the southern growth corridor.
Its chief executive officer Harun Johari said road transport was an important component of the integrated public transport master plan which covered air, rail and sea transport.
He said the bus service master plan would be ready by the end of the year.
"We will have buses of international standing as well as more bus routes and services.
"This is to live up to the expectation of a metropolis.
"Currently, our bus service is not quite adequate and this is one area we are focusing on."
14 OCTOBER 2009, BY SHAREN KAUR, BUSINESS TIMESISKANDAR Malaysia in Johor could surpass the US$13 billion (RM44 billion) foreign direct investment target for its first phase of development due to fresh investment interest from Hong Kong, South Korea and Europe.
To date, the economic zone has received 92 per cent, or US$11 billion, of the targeted amount in the first phase of investment.
"We have a lot of foreign developers and investors who have expressed surprise that we are not better known.
"They said Iskandar Malaysia is Asia's best-kept secrets. We can expect Iskandar Malaysia to have a new wave of investments next year," Iskandar Investment Bhd (IIB) managing director Arlida Ariff told Business Times in an interview.
14 OCTOBER 2009, BY AHMAD FAIRUZ OTHMAN, BUSINESS TIMESGermany's PolymerLatex GmbH, a maker of synthetic rubber, has opened its largest and first plant outside of Europe in Pasir Gudang, Johor.
The RM250 million plant is expected to produce 100,000 tonnes of nitrile latex a year and to have estimated annual turnover of US$110 million (RM373 million).
PolymerLatex Sdn Bhd managing director and chief executive officer R. Vinny Bhalla said the company has transferred its overall operation from Germany to the new plant.
Synthetic latex is used to make anything from rubber gloves to tyres and carpets.
PolymerLatex's existing plants are in Germany, Italy and Finland. It closed a plant in Bromsgrove, Worcestershire, in the UK earlier this year.
14 OCTOBER 2009, BY BUSINESS TIMES SINGAPOREWork is accelerating now on what is to be M'sia's largest economic zone
(DUBAI) Malaysia's Iskandar Investment Berhad secured five billion dirhams (S$1.91 billion) investment for the country's Iskandar zone, and is accelerating work on what is planned to be the country's largest economic zone.
Chief executive Arlida Ariff told Reuters in an interview that there were no cancellations within the project and the total investment for Malaysia Iskandar zone since its launch in 2006 had reached US$13 billion, with around 15 per cent coming from Middle Eastern investors.
The investments are in areas of property, hospitality, retail, manufacturing and petrochemicals.
14 OCTOBER 2009, BY BUSINESS TIMES SINGAPOREMalaysia's Iskandar Investment Berhad secured 5 billion dirhams (US$1.36 billion) investment for the country's Iskandar zone, and is accelerating work on what is planned to be the country's largest economic zone.
Chief Executive Arlida Ariff told Reuters in an interview there were no cancellations within the project and the total investment for Malaysia Iskandar zone since its launch in 2006 had reached US$13 billion, with around 15 per cent coming from Middle Eastern investors.
The investments are in areas of property, hospitality, retail, manufacturing and petrochemicals.
14 OCTOBER 2009, BY UTUSAN MALAYSIAJOHOR BAHRU 13 Okt. - PolymerLatex GmbH menerusi PolymerLatex Sdn. Bhd. telah membuka kilang getah nitril bernilai RM250 juta di sini, kemudahan yang terbesar di dunia dan pertama di luar Eropah.
Kilang yang juga terbesar di rantau Asia itu terletak di Kawasan Perindustrian Pasir Gudang dekat sini, dilengkapi dengan teknologi global terkini dan mampu mengeluarkan 100,000 tan getah nitril setahun.
Pengarah Urusan yang juga Ketua Pegawai Operasinya, Dr. Dieter Hestererth berkata, kehadiran syarikat itu di negara ini berdasarkan keyakinan politik yang stabil, infrastruktur yang menggalakkan dan persekitaran perniagaan yang menarik. SOURCE: http://www.iskandarmalaysia.com.my
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