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ANNUAL REPORT 2012 DISCLAIMER This Report Was Prepared Pursuant to Section 17 of IRDA Act 2007 and Is an Account of Works and Activities Done by IRDA

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ANNUAL REPORT 2012 DISCLAIMER This Report Was Prepared Pursuant to Section 17 of IRDA Act 2007 and Is an Account of Works and Activities Done by IRDA INSPIRING ASPIRATIONS INSPIRING the sky’s the limit 2012 REPORT ANNUAL DISCLAIMER This report was prepared pursuant to Section 17 of IRDA Act 2007 and is an account of works and activities done by IRDA. Neither IRDA nor any of its employees make any warranties, expressed or implied, or assume any legal liability for the accuracy, completeness or usefulness of any information or process disclosed or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial trade name, trademark, manufacturer or otherwise does not necessarily constitute or imply its endorsement, recommendation or favouring by IRDA. The views and opinions expressed by authors herein do not necessarily state or reflect those of the Malaysian Government or the State Government of Johor or any agencies thereof. (3) fold (1) tear (4) fold (6) fly (2) fold (5) fold Iskandar Malaysia is not just about realising a vision; it is about creating a place where all of us can be inspired to reach our highest potential. In this year’s Annual Report, our journey of ‘Inspiring Aspirations’ is reflected through a child releasing a paper plane into the limitless sky, reminiscent of our earliest dreams of soaring to greater heights. CONTENTS 04 ISKANDAR MALAYSIA 06 IRDA 07 VISION & MISSION 08 STATEMENTS 11 MEMBERS OF THE AUTHORITY & COMMITTEES 20 ORGANISATION CHART 21 SENIOR MANAGEMENT 28 INSPIRING ASPIRATIONS 30 CALENDAR & HIGHLIGHTS 34 COMMISSIONER’S OFFICE 37 ECONOMIC INTELLIGENCE 42 MARKETING & INVESTMENT 47 CORPORATE DEVELOPMENT & FINANCE 54 PLANNING & COMPLIANCE 66 SOCIAL DEVELOPMENT 79 PROJECTS & PROGRAMME MANAGEMENT OFFICE 86 STRATEGIC COMMUNICATIONS 93 CORPORATE SERVICES 96 HUMAN CAPITAL MANAGEMENT 100 LEGAL & SECRETARIAL SERVICES 102 FINANCIAL REPORT 04 INSPIRING ASPIRATIONS ISKANDAR MALAYSIA THAILAND PENINSULAR MALAYSIA ISKANDAR MALAYSIA SINGAPORE ISKANDAR MALAYSIA Over the years, Malaysia has experienced tremendous economic and development transformation, rising up to be one of the fastest growing economies in the region. Iskandar Malaysia was conceived to secure the country’s competitiveness in a rapidly changing global economy. Located in the south of Peninsular Malaysia, Iskandar Malaysia was built Iskandar Malaysia’s strategic location and proximity to some of the upon the solid foundation of Johor’s past successes, while striving to world’s most dynamic economies is a key differentiating factor in its unlock the state’s future potential. advancement. Located at the confluence of important East-West trade Iskandar Malaysia is rapidly transforming the socio-economic land- routes, it is rooted between the region’s two economic powerhouses, scape of Johor, elevating it to more than just a vibrant metropolis. China and Japan. At three times the size of Singapore, the 2,212 square kilometre As it is easily accessible by air, land and sea, Iskandar Malaysia enjoys main southern development corridor is the single largest development a standard of living comparable to some of the region’s more developed project initiated by the Federal and State governments to be undertaken economies, but at a much lower expense. in the region. Besides being rich in natural resources, Iskandar Malaysia boasts an educated, highly skilled and multi-lingual workforce enhanced by friend- ly policies and a conducive business environment. Thriving Metropolis Iskandar Malaysia has also been identified as an exclusive project Iskandar Malaysia is envisaged to be a metropolis burgeoning ahead with access to financing under a Facilitation Fund provided under the of its time, where living, entertainment and business would seamlessly 10th Malaysia Plan. converge in a vibrant and sustainable environment of international stand- This underlines the Malaysian Government’s continuous commit- ing. Meticulous planning has been invested into ensuring that develop- ment towards creating a vibrant and dynamic city, perfect for business ment is sustainable, while protecting the direct and indirect needs of its as well as leisure. respective stakeholders. Iskandar Malaysia has been divided into five flagship zones desig- As part of the Indonesia-Malaysia-Singapore Growth Triangle, nated as key nodes for development: ISKANDAR MALAYSIA INSPIRING ASPIRATIONS 05 FLAGSHIP A: JB CITY CENTRE • Financial Advisory & Consulting • Cultural & Urban Tourism FLAGSHIP B: NUSAJAYA • Education & Medical Tourism • Entertainment & Recreation • State Administration • Financial Advisory & Consulting • Biotechnology FLAGSHIP C: WESTERN GATE DEVELOPMENT • Logistics • Regional Distribution, International Procurement • Oil Storage Terminals FLAGSHIP D: EASTERN GATE DEVELOPMENT • Manufacturing (Electronics, Petrochemicals, Olechemicals etc) • Oil Storage Terminals • Education FLAGSHIP E: SENAI-SKUDAI • Logistics • Manufacturing (esp. High-tech and Aerospace related) • Tourism (Luxury Destination Shopping) • Cybercity E A D B C 06 INSPIRING ASPIRATIONS IRDA ISKANDAR REGIONAL DEVELOPMENT AUTHORITY The Iskandar Regional Development Authority (IRDA) was established by an Act of Parliament – the Iskandar Regional Development Authority Act, 2007. Under Section 4 of the Act, the objective of IRDA is to develop the Iskandar Development Region into a strong and sustainable metropolis of international standing. IRDA was set up in February 2007. As a statutory body under the Federal Promotion Government, IRDA plays a pivotal role in the development of Iskandar • s Serving a the brand guardian of Iskandar Malaysia as an investment Malaysia. hub. The IRDA Act 2007 highlights its functions and responsibilities in • Promotion of Iskandar Malaysia to the general public and potential relation to establishing national policies, directions and strategies for the investors in both local as well as international markets. development of the corridor. • Monitoring and aligning sector developments and required enablers The core functions and primary roles of IRDA can be summarised in line with the Iskandar Malaysia vision. as follows: Facilitation Planning • Providing consultancy and information on investment support in • Integrating and recommending planning policies of key partners, Iskandar Malaysia. Federal and State governments, and other agencies to advance and • s Acting a the principal coordinating agent on behalf of relevant realise the vision of Iskandar Malaysia. government agencies for the processing and expediting of requisite • Identifying and developing strategies to enhance infrastructure, approvals for investors. skills, science and technology research for the development of • Assisting existing investors in the resolution of issues affecting their Iskandar Malaysia. business environment. The road towards Johor Premium Outlets PLAN PROMOTE FACILITATE VISION TO CREATE ISKANDAR MALAYSIA AS THE FIRST CHOICE TO INVEST, WORK, LIVE AND PLAY. MISSION WE ARE COMMITTED TO EXCEEDING OUR CUSTOMERS’ EXPECTATIONS - WE ADVOCATE BEST PRACTICES THROUGH PARTNERSHIPS AND SEAMLESS DELIVERY - WE ENHANCE COMMUNITY AND INDIVIDUAL WELL-BEING - WE CARE ABOUT OUR NATURAL ENVIRONMENT - WE VALUE OUR EMPLOYEES. SHARED VALUES INTERNATIONAL STANDING WE MUST BENCHMARK AGAINST OTHER SUSTAINABLE WORLD-CLASS ORGANISATIONS IN TERMS OF ISKANDAR MALAYSIA’S VISION, OUR MIND-SET, DISPLAYING THE RIGHT BEHAVIOUR AND DEPLOYING INTERNATIONAL STANDARD BEST PRACTICES. INTEGRITY WE UPHOLD INTEGRITY BY DOING THE RIGHT THING ETHICALLY AND PROFESSIONALLY, REGARDLESS OF JOB SECURITY OR POPULARITY AND WITHOUT FEAR OF SCRUTINY. ENGAGE WE ARE FULLY COMMITTED IN ENGAGING WITH STAKEHOLDERS WITH HUMILITY, ASSERTIVENESS AND INTELLIGENCE TO ACHIEVE EFFECTIVE AND CONTINUOUS COMMUNICATION AT ALL TIMES. ENVISION WE HAVE THE FORESIGHT TO DRIVE ISKANDAR MALAYSIA’S VISION THROUGH EXEMPLARY LEADERSHIP, INNOVATION AND PROACTIVITY WHILST BEING RELEVANT AND SENSITIVE TOWARDS OUR ENVIRONMENT AND STAKEHOLDERS. ENABLE WE STRIVE FOR STRONG COLLABORATIONS WITH PARTNERS, STAKEHOLDERS AND ESPECIALLY INVESTORS TO FACILITATE THE ACHIEVEMENT OF DESIRED RESULTS AND OUTCOMES. 08 INSPIRING ASPIRATIONS STATEMENTS Iskandar Malaysia’s development is also exemplary in the way it focuses on talent management, business and employment opportunities, and social inclusiveness to ensure fair and equitable wealth distribution among the rakyat. SOARING TO NEW HORIZONS Y.A.B. Dato’ Sri Mohd Najib Tun Abdul Razak Co-Chairman IRDA Prime Minister of Malaysia 2012 was a ‘tipping point’ year of triumphed challenges The region’s strong position in green and sustainable development and fulfilled promises resulting in remarkable achieve- was further highlighted with the launch of the Iskandar Malaysia Low ments and accelerated growth for Iskandar Malaysia. Carbon Society Blueprint at the COP18 in Doha in November. Awareness of Iskandar Malaysia as the preferred destination to All these have reinforced the investor value proposition of Iskandar invest, work, live and play was catapulted higher than before and it Malaysia and would certainly spur the interest and attraction for even is distinguished as the southern economic corridor, which excelled more investments into Malaysia. beyond expectations. Iskandar Malaysia’s development is also exemplary in the way it In terms of investments, Iskandar Malaysia recorded a total cumula- focuses on talent management, business and employment opportuni- tive committed investment of RM106.31 billion in various sectors with 41 ties, and social inclusiveness to ensure fair and equitable wealth distribu- per cent being realised as at December 2012. This
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