IMFC-J, A Game-changer In Johor's Investment Landscape - Onn Hafiz

JOHOR BAHRU, Feb 18 (Bernama) -- The Investment Malaysia Facilitation Centre Johor (IMFC-J) is a game-changer in the investment landscape of the state, said Menteri Besar Datuk Onn Hafiz Ghazi.

He said that as a result, the project approval process can now be expedited in just 14 months, making it more efficient, faster, and effective compared to the previous duration of up to 24 months or more.

“I express my gratitude to His Royal Highness, the Regent of Johor, Tunku Mahkota Ismail, for his consent to attend the opening ceremony of the IMFC-J office in Forest City, Iskandar Puteri today.

“The inauguration of IMFC-J is an important step in achieving the Johor-Singapore Special Economic Zone (JS-SEZ) initiative. Johor is serious about positioning itself as a key player in the regional economy and aims to dominate global investment,” he said in a post on Facebook today.

Onn Hafiz said that in line with the establishment of JS-SEZ, IMFC-J will revolutionise the state’s investment landscape, reduce bureaucratic red tape, accelerate project approvals, and continue driving high-quality investment inflows, which will create high-income job opportunities in the state.

“Johor continues to progress in realising the JS-SEZ agenda since the agreement was signed on January 7. One strategic step after another has been implemented to strengthen the foundation toward the success of JS-SEZ.

“The state government, with the support of the federal government, will continue to drive Johor with determination, ensuring that the state remains a competitive main investment destination,” he said.

At the same time, Onn Hafiz hopes that progressive strategies and unwavering commitment will strengthen the economy, create more opportunities, and solidify Johor’s position as a regional economic powerhouse.

-- BERNAMA