(This post is brought to you by Iskandar Regional Development Authority)
Located at the southernmost tip of Peninsular Malaysia, Iskandar Malaysia is strategically positioned on some of the world’s busiest shipping routes, and its rich endowment of natural and human resources underpin Johor’s past successes and serve to underscore Johor’s future potential.
Iskandar Malaysia is transforming the socio-economic landscape of Peninsular Malaysia’s southern state of Johor. This project is an initiative of the Malaysian Federal Government and the Johor State Government, and the 2,217 square-kilometer main southern development corridor is three times the size of Singapore and is the single largest development project ever to be undertaken in the region.
Malaysia has undergone tremendous economic transformation in recent years to become one of the fastest growing economies in the region, and Iskandar Malaysia was conceived to secure the country’s competitiveness in a rapidly changing global economy.
As envisaged by the team behind the master-plan, Iskandar Malaysia is a project ahead of its time; a place where living, entertainment, and business seamlessly converge in a vibrant and sustainable metropolis of international standing. A great deal of careful planning has gone into ensuring that the development is sustainable, taking into consideration the direct and indirect needs of its respective stake-holders.
As part of the Indonesia-Malaysia-Singapore Growth Triangle, Iskandar Malaysia’s strategic location and proximity to some of the world’s most dynamic economies is a key differentiating factor for the development. Located at the cross-roads of the important East-West trade routes, it is mid-way between the region’s two economic power-houses: China and India.
Easily accessed by air, land and sea, the development also enjoys a standard of living comparable to some of the region’s more developed economies, but at a much lower cost. Other advantages include a multilingual and educated work-force, and a vast land-bank for any future development.
The development is positioned as an international metropolis to decrease trade barriers and increase human mobility. Iskandar Malaysia has also been identified as one of the projects that can obtain financing under a Facilitation Fund provided under the Tenth Malaysia Plan; a manifestation of clear political determination to make the development a Malaysian success story.
The only way to truly understand the unique experience offered by Iskandar Malaysia, however, is by being in it. Welcome to Iskandar Malaysia; a place for everyone to invest, work, live, and play. Iskandar Malaysia’s moment has come.
Source: The Expat August 2012
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