Cheaper land and reasonably-priced utilities among key factors drawing investors. Read more at straitstimes.com.
KUALA LUMPUR – The US-China trade war is providing tailwinds to Malaysia’s southern state of Johor, as it is set to record approved investments worth nearly RM70 billion for 2022, surpassing the leading industrial hubs of Selangor and Penang.
These investments are primarily from multinational companies seeking to diversify their operations to other countries as they adopt a China-plus-one strategy amid the trade war, said Johor’s State Investment, Trade and Consumer Affairs Committee chairman, Mr Lee Ting Han.Get exclusive reports and insights with more than 500 subscriber-only articles every month
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