Consolidating resort group
10-Oct-2019 13:26
Over the same period utilities brought in RM9.52bn (.1bn), the government sector RM7.31bn (.4bn), petrochemicals RM5.1bn (
Over the same period utilities brought in RM9.52bn ($3.1bn), the government sector RM7.31bn ($2.4bn), petrochemicals RM5.1bn ($1.6bn), ports and logistics RM3.74bn ($1.2bn), tourism RM2.03bn ($654.9m), health care RM1.6bn ($516.2m) and education RM1.55bn ($500m).More recently, the region’s investments have come in the form of new universities and health care centres, as well as plans to begin refining petrochemicals.Asia had contributed 42% of foreign investment, with Europe close behind at 40% and the Middle East at 14%.
||Over the same period utilities brought in RM9.52bn ($3.1bn), the government sector RM7.31bn ($2.4bn), petrochemicals RM5.1bn ($1.6bn), ports and logistics RM3.74bn ($1.2bn), tourism RM2.03bn ($654.9m), health care RM1.6bn ($516.2m) and education RM1.55bn ($500m).
More recently, the region’s investments have come in the form of new universities and health care centres, as well as plans to begin refining petrochemicals.
Asia had contributed 42% of foreign investment, with Europe close behind at 40% and the Middle East at 14%.
Since 2006 the manufacturing and property sectors have been the heaviest hitters, recording cumulative committed investments of RM32.71bn ($10.6bn) and RM29.8bn ($9.6bn), respectively.
Building on these competitive advantages, IM officials are planning coordinated growth with Singapore by building a large new Customs, immigration and quarantine (CIQ) complex and mass transit rail links with the city-state.
It is anticipated that the plan to merge their CIQ complexes will significantly reduce the time it takes to clear immigration between the two territories.
Cumulative investment over the period should stand at RM383bn ($12.4bn) after an average annual GDP growth of 8%. According to the IRDA, as of the end of financial year 2011, an initial RM47bn ($15.2bn) investment goal had been achieved, with total committed domestic and foreign investments since 2006 amounting to more than RM70bn ($22.6bn).
IM then went on to secure RM10.67bn ($3.4bn) in new committed investments during the first half of 2012.
.6bn), ports and logistics RM3.74bn (Over the same period utilities brought in RM9.52bn ($3.1bn), the government sector RM7.31bn ($2.4bn), petrochemicals RM5.1bn ($1.6bn), ports and logistics RM3.74bn ($1.2bn), tourism RM2.03bn ($654.9m), health care RM1.6bn ($516.2m) and education RM1.55bn ($500m).More recently, the region’s investments have come in the form of new universities and health care centres, as well as plans to begin refining petrochemicals.Asia had contributed 42% of foreign investment, with Europe close behind at 40% and the Middle East at 14%.
||Over the same period utilities brought in RM9.52bn ($3.1bn), the government sector RM7.31bn ($2.4bn), petrochemicals RM5.1bn ($1.6bn), ports and logistics RM3.74bn ($1.2bn), tourism RM2.03bn ($654.9m), health care RM1.6bn ($516.2m) and education RM1.55bn ($500m).
More recently, the region’s investments have come in the form of new universities and health care centres, as well as plans to begin refining petrochemicals.
Asia had contributed 42% of foreign investment, with Europe close behind at 40% and the Middle East at 14%.
Since 2006 the manufacturing and property sectors have been the heaviest hitters, recording cumulative committed investments of RM32.71bn ($10.6bn) and RM29.8bn ($9.6bn), respectively.
Building on these competitive advantages, IM officials are planning coordinated growth with Singapore by building a large new Customs, immigration and quarantine (CIQ) complex and mass transit rail links with the city-state.
It is anticipated that the plan to merge their CIQ complexes will significantly reduce the time it takes to clear immigration between the two territories.
Cumulative investment over the period should stand at RM383bn ($12.4bn) after an average annual GDP growth of 8%. According to the IRDA, as of the end of financial year 2011, an initial RM47bn ($15.2bn) investment goal had been achieved, with total committed domestic and foreign investments since 2006 amounting to more than RM70bn ($22.6bn).
IM then went on to secure RM10.67bn ($3.4bn) in new committed investments during the first half of 2012.
.2bn), tourism RM2.03bn (4.9m), health care RM1.6bn (6.2m) and education RM1.55bn (0m).More recently, the region’s investments have come in the form of new universities and health care centres, as well as plans to begin refining petrochemicals.
Asia had contributed 42% of foreign investment, with Europe close behind at 40% and the Middle East at 14%.
Since 2006 the manufacturing and property sectors have been the heaviest hitters, recording cumulative committed investments of RM32.71bn (.6bn) and RM29.8bn (.6bn), respectively.
Building on these competitive advantages, IM officials are planning coordinated growth with Singapore by building a large new Customs, immigration and quarantine (CIQ) complex and mass transit rail links with the city-state.
It is anticipated that the plan to merge their CIQ complexes will significantly reduce the time it takes to clear immigration between the two territories.
Cumulative investment over the period should stand at RM383bn (.4bn) after an average annual GDP growth of 8%. According to the IRDA, as of the end of financial year 2011, an initial RM47bn (.2bn) investment goal had been achieved, with total committed domestic and foreign investments since 2006 amounting to more than RM70bn (.6bn).
IM then went on to secure RM10.67bn (.4bn) in new committed investments during the first half of 2012.
By 2025 IM should have a population of around 3m people, with 1.46m new jobs created.On the ground, meanwhile, IM is parcelled into five distinct focal points, or flagship zones, lettered A-E.
