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JOHOR BARU, Sept 22 ― Because the Particular Financial Zone (SEZ) between Johor and Singapore takes form, together with the event of a particular monetary zone in Forest Metropolis, Sultan Ibrahim Almarhum Sultan Iskandar envisions a brilliant future for Johor, one the place the state’s presence is additional established on the worldwide stage.
In sharing his imaginative and prescient to place Johor prominently on the worldwide map, the Johor ruler emphasised the significance of attracting extra investments, particularly from high-technology corporations.
“In fact, we would like overseas traders. However, in the event you take a look at the world, who invests extra on this nation? So, let’s look into excessive expertise. We’re able to decide on our industries,” His Majesty advised Bernama in an unique interview at his non-public residence, right here, lately.
Additionally current on the interview had been Bernama Chairman Datuk Seri Wong Chun Wai and Bernama Editor-in-Chief Jamaluddin Muhammad.
Sultan Ibrahim stated Prime Minister Datuk Seri Anwar Ibrahim had introduced the institution of the commerce zone and monetary hub and that in his (the sultan’s) current go to to Singapore, Ho Ching expressed curiosity in collaborating with Johor.
This, he stated, indicated that Singapore appreciated the thought for there to be commerce, with a free commerce and monetary hub.
Ho Ching, the spouse of Singapore Prime Minister Lee Hsien Loong, was the chief govt officer of the Singaporean sovereign wealth fund Temasek from 2004 to 2021.
The Malaysia-Singapore Leaders Retreat, scheduled for subsequent month within the republic, is anticipated to see additional discussions on the SEZ, together with the finalising of the Phrases of Reference (ToR) for the proposed zone.
Johor Menteri Besar Datuk Onn Hafiz stated lately that with the SEZ turning into a actuality, Johor might turn into the subsequent Shenzhen, a world centre in expertise, analysis, manufacturing, enterprise and economics, finance, tourism and transportation in China.
Sultan Ibrahim additionally highlighted Johor’s potential to turn into a big photo voltaic vitality producer, given the state’s abundance of land.
He stated Johor had hundreds of hectares of unused land that could possibly be used for photo voltaic vitality manufacturing.
“(Sooner or later), we will provide photo voltaic (vitality) to Singapore,” he stated, stating that there was already curiosity within the endeavour.
His Majesty recognized Pengerang and Pontian as the perfect areas for the photo voltaic business.
On water assets, Sultan Ibrahim stated Johor would have enough water provide so long as the useful resource was managed effectively.
Nonetheless, he stated, Johor was exploring water recycling, together with using river water, for industrial functions.
His Majesty stated all of the factories had been presently utilizing refined water, drawing it instantly from the hydrants.
“The factories are utilizing refined water; they need to get industrial water. (Nonetheless) the housing estates subsequent to the factories haven’t any water,” he stated.
“So, now, we’re recycling industrial water and utilizing river water for industrial use. A number of corporations have give you proposals, however the authorities (state authorities) and I’ll look into it, and assess how the federal government can profit from this,” he stated. ― Bernama
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