MITI Minister Tours Iskandar Malaysia

Group photo with IRDA staff

Iskandar Malaysia Highlights Inclusive Development Agenda to Minister of International Trade and Industry

The inclusive development agenda in Iskandar Malaysia took the spotlight during the official visit Datuk Darrell Leiking, Minister of International Trade and Industry (MITI), to Iskandar Regional Development Authority (IRDA) office.

In light of this, Datuk Darrell took the opportunity to compliment Iskandar Malaysia for having an inclusive development plan which ensures that the rakyat in the region reap the benefits that have spilled over from the rapid development and investment activities.

“Since 2006 until September 2018, Iskandar Malaysia has recorded a staggering RM273 billion in cumulative investment and this has significantly benefited the people by providing more job and business opportunities, increasing household income and improving the necessary infrastructures,” said Datuk Darrell.

Datuk Ismail Ibrahim, Chief Executive of IRDA said Iskandar Malaysia is a high impact development project aimed at transforming the region into a strong and sustainable metropolis of international standing, in support of the nation’s development agenda.

One of the key principles that strengthen the success of Iskandar Malaysia is its focus on the nine promoted sectors that will drive the development and growth of the region. These sectors are Electrical and Electronics; Petroleum and Oil & Gas; Food and Agro Processing; Logistics; Tourism; Healthcare Services; Education; Financial and Business Services; and Creative Industries.

Datuk Darell with Datuk Ismail

IRDA also took advantage of the rapid economic growth in the region by preparing and assisting the local communities and SMEs to take part in the development.

In addition, IRDA has conducted and organised many capacity building training programmes in the various business components such as Business Branding, Marketing, Packaging, Halal Certification and also in Digital Economy as to promote the national agenda to accelerate e-commerce business activities. These initiatives have benefited nearly 1000 entrepreneurs in Iskandar Malaysia through over RM12.5 million disbursements.
“Building an international hub that supports a bigger national agenda requires the support of our many strategic partners and stakeholders at the local, national and international level. In light of this, we look forward for more collaboration with MITI in facilitating and promoting Iskandar Malaysia to international investors,” said Ismail.

“At the end of the day, we want to ensure a balanced development of Iskandar Malaysia and make it the preferred destination to invest, work, live and play and we must ensure that not only the businesses community benefits from the development, but the people will also reap the benefits,” he added.