Iskandar Malaysia clinched RM10.67 billion of new committed investments in the first half of 2012, according to a report by Bernama.
Datuk Ismail Ibrahim, Chief Executive Officer of Iskandar Regional Development Authority (IRDA), said that the region’s total cumulative committed investments from 2006 to June 2012 reached RM95.45 billion.
“Forty-three percent of the committed investments were already realised,” he noted, adding that “domestic investments constitute 62 percent (RM58.95 billion) of the total investments of RM95.45 billion, while the remaining 38 percent (RM36.50 billion) is from overseas.”
“Key investments to date are represented by Asia (42 percent), Europe (40 percent) and the Middle East (14 percent).”
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