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Friday, 6 July 2018

(The Star) Johor likely to get RM1bil investment

SEDENAK: Johor is likely to receive a RM1bil investment from a Chinese company involved in tyre manufacturing by the end of the year or early next year.

Johor International Trade, Investment and Utilities committee chairman Jimmy Puah Wee Tse said the state government and the company were already in the advance stage of discussions.

“However, we can’t reveal more details on the name of the company and which part of Johor it is going to set up the plant,” he told reporters during the launch of the Kulai-Sedenak 2025 Special Planning Area at Dewan Semai Bakti Felda Bukit Baru here.

Puah said apart from halal-based manufacturing activities, Johor wanted to attract more capital-intensive and high-technology investments.

Puah said Sedenak has been designated as the Sedenak Digital Valley (SDV) to house robotics, artificial intelligence and technology-based companies.

He said Tenaga Nasional Bhd had built a 500 kV main substation in Sedenak to cater for future power demand from potential investors at the SDV.

“We want to position and transform Sedenak into one of the leading data hubs in the region by attracting world-class technology-based companies to SDV,” said Puah.

He said Sedenak which is located in the corner of Kulai and Pontian districts is close to the Senai International Airport and Port of Tanjung Pelepas in Gelang Patah.

Puah said Sedenak has also been designated to become Johor’s Smart City, adding that it would be much easier to develop the smart city here as it involved a green field area.

“Plans are already in the pipeline to upgrade and widen the Sedenak trunk road including constructing a bypass to divert heavy vehicles going to the Sedenak Industrial Park,” he said.