Johor eyes Iskandar Puteri as Smart City Hub with targeted Investment of RM6.5B

Ramakrishnan (four from left), Zulfiqar and the guests who participated in the summit exchanged.

"2018 Global Business Services (GBS) Iskandar Center Summit", with about 200 participants.

PUTERI HARBOUR: The Johor State government hopes to set up a smart city hub in the Global Business Services (GBS) Iskandar Center in 2023, which will attract RM65 billion in investment and provide 14,000 jobs.

Ramakrishnan, Chairman of the Consumer, Human Resources and Solidarity Committee of the State of Seoul, attended the "2018 Global Business Services (GBS) Iskandar Summit 2018" held by i2M Ventures Sdn Bhd yesterday afternoon.

Ramakrishnan: The state government looks at smart city hubs and can attract RM65 billion in investment in 2023.

It is understood that about 200 people participated in the summit, and the participants came from industry and representatives from all walks of life.

Ramakrishnan said that the global business service Iskandar Center has successfully invested RM24 billion in investment over the past four years.

He pointed out that in the digital economy, China is ready, but this will be a new challenge.

"China still lacks talents in this area. In addition, China needs to compete with neighboring Singapore and needs more talents in this area in order to accelerate the development of the digital economy."

Zulfiqar: In the past four years, it has attracted 19 domestic and foreign companies to enter the smart city hub.

In addition, Zulfiqar, managing director of i2M Ventures Pte Ltd, said that the global business service is the smart city hub of the Iskandar Center. In the past four years, it has attracted 19 domestic and foreign companies to settle in and created 5,260 jobs.

He said that as many as 93% of these employment opportunities are filled by the people, 64% of whom are from Johor.

He said that these foreign companies are from Hong Kong, the United States, Singapore and Japan.

Source: Johor China Press