Array
(
    [_edit_lock] => Array
        (
            [0] => 1692966691:20
        )

    [tdc_dirty_content] => Array
        (
            [0] => 1
        )

    [tdc_icon_fonts] => Array
        (
            [0] => a:0:{}
        )

    [_thumbnail_id] => Array
        (
            [0] => 107048
        )

    [_edit_last] => Array
        (
            [0] => 20
        )

    [_molongui_main_author] => Array
        (
            [0] => guest-97702
        )

    [td_post_theme_settings] => Array
        (
            [0] => a:1:{s:11:"td_subtitle";s:81:"Move aims to bolster investment opportunities, stimulate economic growth in Johor";}
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 599
        )

    [_yoast_wpseo_metadesc] => Array
        (
            [0] => The government plans to establish a special financial zone in Forest City in order to boost investment, growth, and economic activity in the state of Johor.
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 30
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 2
        )

    [_yoast_wpseo_wordproof_timestamp] => Array
        (
            [0] => 
        )

    [post_views_count] => Array
        (
            [0] => 268
        )

    [_wp_page_template] => Array
        (
            [0] => default
        )

    [_molongui_author] => Array
        (
            [0] => guest-97702
        )

    [post_views_count_7_day_arr] => Array
        (
            [0] => a:7:{i:0;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:1;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:2;a:3:{s:4:"date";s:10:"1750221598";s:5:"count";i:1;s:14:"per_hour_count";a:2:{i:2;i:1;i:4;i:1;}}i:3;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:4;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:5;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:6;a:2:{s:4:"date";i:0;s:5:"count";i:0;}}
        )

    [post_view_7days_last_day] => Array
        (
            [0] => 2
        )

    [post_views_count_7_day_last_date] => Array
        (
            [0] => 1750221598
        )

    [post_views_count_7_day_total] => Array
        (
            [0] => 1
        )

    [post_views_last_24_hours] => Array
        (
            [0] => 1
        )

    [post_views_last_48_hours] => Array
        (
            [0] => 1
        )

)
Anwar reveals special financial zone plan in Forest City | Scoop
Prime Minister Datuk Seri Anwar Ibrahim announces several incentives in the special financial zone, including the expansion of Iskandar Malaysia incentives to Forest City, such as a 15% income tax rate for skilled workers and multiple entry visas. – Scoop pic, August 25, 2023
News

Anwar reveals special financial zone plan in Forest City

Move aims to bolster investment opportunities, stimulate economic growth in Johor

Bernama
Updated
8:21 PM MYT

 

ISKANDAR PUTERI – The government plans to establish a special financial zone in Forest City in order to boost investment, growth, and economic activity in the state of Johor.

In making the announcement, Prime Minister Datuk Seri Anwar Ibrahim said that this means the cost of conducting business in this special financial zone is now more affordable, thanks to a number of government incentives.

This also means that other management costs in the zone, such as tourism, education, and health, are not too high, said Anwar, who is also finance minister.

He said that Johor’s strategic location next to Singapore, as well as its complete basic infrastructure, can attract more investors, especially since the cost of living in Singapore is currently considered very high.

“This is in line with the Madani Economy framework, and the synergy that exists in Johor is different from other states, and we can take advantage of Singapore’s achievements. Among them are the costs that are so high that large companies cannot bear them,” he said during the Johor Budget 2024 Tour at Bangunan Sultan Ismail, Kota Iskandar, here, today.

Thus, Anwar said all ministries, departments, and state governments must ensure that the plans to establish a special financial zone can be implemented quickly.

He also announced several incentives in the special financial zone, including the expansion of incentives in Iskandar Malaysia to Forest City, including a special income tax rate of 15% for skilled workers and multiple entry visas.

Johor is the second state, following Melaka, for the Finance Ministry’s engagement session with all state governments to collect input for Budget 2024, which will be presented to Parliament on October 13.

This is the first engagement session in the state attended by Anwar in conjunction with Budget 2024.

Also present were Deputy Finance Minister Datuk Seri Ahmad Maslan and Johor Menteri Besar Datuk Onn Hafiz Ghazi. – August 25, 2023

Topics

 

◉ Popular

From player to mentor: Wee Wern calls time on glittering squash career, takes on coaching challenge

A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

No forced eviction of Pasir Panjang Ulu farmers, process was legal: Perak MB

Datuk Seri Saarani Mohamad said the process was carried out legally, adding that MB Inc held a series of direct negotiations with the farm operators since 2021, in addition to offering ex-gratia at a reasonable rate. 

◉ Related

Copyright © 2023. All rights reserved.