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The Pride of Malaysia

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The Pride of Malaysia JOHOR The Pride of Malaysia A Frost & Sullivan Whitepaper frost.com TABLE OF CONTENTS 1. Foreword ..................................................................................................................................................................................................... 4 1.1 Foreword from the Johor Chief Minister............................................................................................................................... 4 1.2 Foreword from the Chairman of Tourism, Trade and Consumer Affairs .............................................................. 5 2. Why Johor? Johor, the High Value State ...................................................................................................................................... 9 2.1 The Presence of a Pro-business Government................................................................................................................... 11 2.2 Enjoy the Advantages of a Developed State without its Burden ............................................................................ 11 Low Costs of doing Business................................................................................................................................................. 11 Support of a Wide Range of Industries ........................................................................................................................... 13 Well Established Multimodal Linkages ............................................................................................................................ 14 Excellent ICT Infrastructure.................................................................................................................................................... 16 2.3 Be Part of the Next Growth Centre......................................................................................................................................... 17 2.4 Close Vicinity with Largest Markets in ASEAN .................................................................................................................. 19 2.5 Greenfield Development for New Growth Ideas and Innovations ......................................................................... 22 Selected Greenfield Development Projects and Industrial Parks in Johor .................................................... 24 2.6 Home to Two Economic Corridors .......................................................................................................................................... 26 2.7 Strong, Multilingual, Diverse Talent Pool ............................................................................................................................ 29 2.8 Enjoy Life in the Most Liveable Developed State in Malaysia .................................................................................. 30 Highly Quality of Life at Affordable Prices ..................................................................................................................... 30 Safety is a Top Priority ............................................................................................................................................................. 32 International Education at Local Prices .......................................................................................................................... 33 Quality Healthcare Services at Affordable Prices ....................................................................................................... 35 Combining Work and Leisure in Johor ............................................................................................................................. 36 3. Johor at a Glance .................................................................................................................................................................................... 37 3.1 Johor in Numbers ............................................................................................................................................................................ 37 3.2 Johor’s Recent Economic Development .............................................................................................................................. 38 3.2.1 Investment Outlook in Johor ....................................................................................................................................... 38 3.2.2 Investment Trends in Johor ......................................................................................................................................... 39 3.2.3 How do Johor Fare? ......................................................................................................................................................... 41 4. Grow with Johor ...................................................................................................................................................................................... 44 4.1 Core Industries ................................................................................................................................................................................. 46 4.1.1 Electrical & Electronics ................................................................................................................................................... 46 4.1.2 Petrochemical and Oleochemical ............................................................................................................................. 49 4.1.3 Agrofood and Processing .............................................................................................................................................. 51 frost.com frost.com 4.1.4 Logistics ................................................................................................................................................................................. 56 4.1.5 Tourism ................................................................................................................................................................................... 59 4.1.6 Textile ...................................................................................................................................................................................... 61 4.1.7 Rubber Based Product .................................................................................................................................................... 64 4.1.8 Wood Product ..................................................................................................................................................................... 68 4.2 Emerging Industries ........................................................................................................................................................................... 73 4.2.1 Finance, Insurance, Real Estate & Business Services (FIREB) .................................................................... 73 4.2.2 Creative.................................................................................................................................................................................. 75 4.2.3 Healthcare ........................................................................................................................................................................... 79 4.2.4 Education ............................................................................................................................................................................. 83 4.2.5 Biotechnology .................................................................................................................................................................... 88 4.2.6 Halal Product ..................................................................................................................................................................... 90 4.2.7 Information and Communication Technology - Data Center...................................................................... 92 5. How We Help You Grow ....................................................................................................................................................................... 93 5.1 Incentive Packages Available for Agricultural Sector .................................................................................................... 94 5.2 Incentive Packages Available for Manufacturing Sector ............................................................................................. 95 5.3 Incentive Packages Available for Services Sector .......................................................................................................... 96 5.4 Incentive Packages Available from Iskandar Regional Development Authority (IRDA) ............................... 98 5.5 Other Incentive Packages ........................................................................................................................................................... 99 5.6 Step-by-step Guide to Operate a Business in Johor .................................................................................................... 100 5.6.1 To Purchase New Industrial Land for Greenfield Development ................................................................ 100 5.6.2 To Lease / Rent Existing Factories / Premises .................................................................................................. 102
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