SINGAPORE, Nov 25 — Iskandar Malaysia has attracted RM2.68 billion, or some S$1.1 billion, in manufacturing investments from Singapore’s private sector since 2006.National Development Minister Mah Bow Tan said that this sum comes from the 178 manufacturing projects with Singapore participation which have been approved by Malaysia from 2006, when the Johor economic zone was first launched, till May this year.
Most investments from Singapore have been in manufacturing, particularly those by small and medium enterprises (SMEs), he noted. The majority are in the business of producing plastics, electronics or electrical goods and fabricated metal products.
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