The highly anticipated Gemas-Johor Bahru Electrified Double-Track Rail Project (Gemas-JB EDTP) is on track for completion by the third quarter of this year (3Q2025), said Transport Minister Anthony Loke Siew Fook.
The Johor-Singapore Special Economic Zone (JS-SEZ) holds significant potential to boost employment in Johor, but economists stressed the need for clarity on tax incentives and the development of necessary infrastructure as crucial factors for the zone's attractiveness to investors.
Nestcon Bhd’s (KL:NESTCON) wholly owned subsidiary Nestcon Infra Sdn Bhd (NISB) has secured a RM25.01 million contract for earthworks and erosion control in Johor’s Senai Airport City.
Noteworthy:
When: August 2024
Kashif said Johor is expected to gain more new foreign direct investment, manufacturing activity, tourism, and real estate activity.
These offerings aim to simplify market entry and expansion while fostering a thriving ecosystem for businesses.
Chow clarified that the land in question was initially designated for a school, not for housing development.
Anwar said the government's current position is to invite the participation of the private sector because the government has limitations and is still waiting for “promising” proposals.
Up for grabs are the dredging and reclamation works for further phases of Seri Tanjung Pinang 2 in Penang, potentially worth more than RM500 million.
The qualified opinion is due to the auditor not being able to obtain sufficient and appropriate audit evidence to ascertain the accuracy of the builder's trade payables, which amounted to RM91.47 million recorded at the end of its FY2024
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