Johor Super Lane Speeds Up Projects, Supports Investment Target Of RM140 Bln

By Mohamad Syazwan Mustafa

JOHOR BAHRU, May 22 (Bernama) -- The Johor Super Lane (JSL) initiative, a fast-track mechanism that has cut the operational timeline for industrial projects to just 11 months, is expected to be a key driver in helping the state achieve its RM140 billion investment target this year.

Invest Johor chief executive officer, Natazha Hariss said the approval process for a project to become operational would normally take between 18 and 24 months.

“The JSL would not only cut through bureaucracy, but also send a clear signal to global investors that Johor is very serious about offering the fastest business-friendly ecosystems in the region," he told Bernama in an exclusive interview recently.

The JSL initiative is implemented through the Invest Malaysia Facilitation Centre Johor, which acts as Johor’s one-stop investment centre, expediting investment and development processes.

Natazha said the shorter approval timeline reflects the state government’s focus on improving ease of doing business within the Johor-Singapore Special Economic Zone, while supporting the creation of 25,000 professional, managerial, executive and technical jobs targeted this year.

To ensure that the inflow of foreign investments would benefit local entrepreneurs, Invest Johor has aligned its data with SME Corp Malaysia, which currently oversees about 20,000 small and medium enterprises across Johor.

He said major foreign investors’ participation -- particularly those from Singapore and China -- in the electrical and electronics and data centre subsectors should increase market opportunities for local vendors.

Last year, Johor strengthened its status as the nation’s leading investment destination after recording the highest approved investment value at RM110 billion.

-- BERNAMA