Petronas Chemicals Group Bhd

Why Invest in Johor Now?

Lately, there are plenty of negative news from declining growth numbers in many countries (especially China and Singapore) to declining investments, impaired currency exchange rates, lower commodity prices and increasing job losses. The Star newspaper recently reported that Petronas Chemicals Group Bhd scrapped a giant elastomers project worth US$1.3bil as part of the Refinery and Petrochemicals Integrated Development (RAPID) project in Johor. Moreover, although the Ringgit has regained some strength