MIDA Facilitated Approval Of Tax Incentives For 220 Johor Projects In 2025
JOHOR BAHRU, April 27 (Bernama) -- The Malaysian Investment Development Authority (MIDA) facilitated the approval of tax exemptions and incentives for 220 projects in Johor, reinforcing the Federal Government's commitment to the state's industrial growth in 2025.
Deputy Minister of Investment, Trade and Industry Sim Tze Tzin said this fiscal intervention is a key component of the synergy between Johor’s natural geographic advantages and the Federal Government's unwavering policy support.
“The Investment, Trade and Industry Ministry (MITI) and its agencies, particularly MIDA and the Malaysia External Trade Development Corporation (MATRADE), have prioritised Johor as a key engine of national growth,” he said in his opening speech at the Lunch Engagement with Deputy Minister of MITI and Johor Bahru Chinese Chamber of Commerce and Industry (JBCCCI) programme here today.
The federal-led initiatives have successfully anchored Johor’s position as a high-value manufacturing hub, particularly within the machinery and transport equipment sectors, he said.
This support framework contributed to the state securing a record RM110 billion in approved investments for 2025, involving 1,348 new projects -- a 69.6 per cent increase compared to the previous year.
Sim noted that federal support also extends to market competitiveness through MATRADE, where over 4,000 Johor-based companies benefited from capacity-building programmes such as the Service Export Fund, eTRADE 2.0, and export training initiatives.
Additionally, RM7.2 million was awarded to 512 companies in the state via the Market Development Grant (MDG) to bolster their international trade presence.
“These efforts ensure that Johor remains a priority under national policies like the New Industrial Master Plan (NIMP) 2030 and the Johor-Singapore Special Economic Zone (JS-SEZ),” Sim said.
He said the Federal Government remains fully committed to these transformative projects to ensure they translate into high-income jobs and meaningful opportunities for the youth of Johor.
“We will continue to work closely with the state government to ensure Johor remains a primary engine of Malaysia's economic development,” he added.
Sim said Johor has officially cemented its status as a premier high-value manufacturing powerhouse, recording a record RM110 billion in approved investments for 2025, driven largely by a strategic surge in the machinery and transport equipment sectors.
He said the state’s performance, which ranked it as the top investment destination in Malaysia, signals a structural shift in Johor’s industrial landscape toward high-technology and capital-intensive production.
-- BERNAMA
