JOHOR BAHRU — Johor is optimistic about achieving foreign direct investment (FDI) of nearly RM60 billion by the second quarter of this year (2Q 2025).
Johor Menteri Besar Datuk Onn Hafiz Ghazi said this optimism was based on the state’s achievement of RM27.4 billion in total investments during the 1Q of this year.
“For the 1Q 2025, we have secured an astounding RM27.4 billion worth of FDI, a figure that took us nine months to achieve last year. We reached this amount in just three months this year. I was informed that in April alone, we are working on the possibility of another RM23 billion worth of FDI.
“By the 2Q 2025, Johor will have, insya-Allah, achieved a total investment of RM50 billion to RM60 billion,” he said during his speech at the opening of Oryx Stainless Malaysia Sdn Bhd here today.
Also present was Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han.
Onn Hafiz added that this achievement would help create more valuable job opportunities for the youth.
Meanwhile, Lee said at a press conference that he is confident the investment performance will continue to improve, based on Johor’s ability to attract the interest of major corporations.
“Companies like Mercedes-Benz and BMW, which have established their Asia Pacific distribution centres in Johor, will help and make the state the talk of the town as a preferred investment destination. This will, in turn, boost confidence among companies looking to invest here,” he added. — BERNAMA
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