IRDA’s new chief aims for more investment

February 8, 2010 by: editor

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Ismail Ibrahim, Iskandar Regional Development Authority’s (Irda) new chief executive officer says that he aims to further promote Iskandar Malaysia to global investors despite the worldwide economic slowdown.

He said that Irda would look at attracting new investment from India, China and the Gulf Cooperation Council countries.

Despite the global economic crisis, Iskandar Malaysia has attracted investments of RM55.56bil up to December 2009, of which 60% were foreign direct investments and some 44, 000 new jobs have been created.

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