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Sultan Ibrahim Tells Johor Govt Not Be Too Selective On Investors

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JOHOR BAHRU – The Sultan of Johor Sultan Ibrahim Almarhum Sultan Iskandar has advised the state government not to be too selective on investors in the quest to realise its vision to become a major economic centre in the region.

He said irrespective of the country, they should be treated “as good as possible”, but at the same time, the state government should push for long-term investments offering high value-added and eco-friendly projects.

“Industries involving toxic chemicals which are highly inflammable needed to be properly examined and if you were to accept them, make sure they are located far away from residential areas,” he said when opening of the fifth term of the of the 13th State Assembly sitting at the Sultan Ibrahim Building here today

His speech was read by his son, Tunku Mahkota of Johor Tunku Ismail Sultan Ibrahim as his official representative.

Sultan Ibrahim cited a mistake made by the previous state government by allowing the construction of a chemical processing plant in Pasir Gudang that was rejected by Singapore, but accepted by Johor then.

“As a result, Pasir Gudang residents have to face high risks,” he said

In order to attract more investors to an area, he said the state government should provide basic infrastructure such as roads, water and electricity.

Sultan Ibrahim also asked the state government to implement a balanced development to ensure continuous economic progress by creating consistent policies that would enhance investor confidence in the long term as inconsistent policies would turn them away and would be detrimental to the government.

He called on the the state government to find ways to increase its revenue through new and consistent income streams and hoped it would not falter and become wasteful over the surplus revenue of RM119 million recorded last year. – BERNAMA

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