THE Iskandar Development Region, the major southern economic growth corridor, expects to receive more than RM10 billion in investment projects this year. Datuk Ikmal Hijaz Hashim, chief of Iskandar Regional Development Authority, said of the total more than RM8 billion would come from manufacturing sector. The region received about RM17 billion worth of investments last year and they included RM4.2 billion from Kuwait Finance House, Mubadala Development Company and Millennium Development International Company.
(25-1-2008 New Straits Times)
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