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Johor Economy Report

 

In 2008, Johor's economy grew in line with Malaysia's economic development. Johor's GDP Growth was 5.2%.

The manufacturing sector faced tribulations and several sectors had shown sluggish performance due to a drop in export and weak local markets related to the slow development of the construction sector.

The services sector saved Johor's economy. This sector showed continuous growth at an average of 8% as a result of an increase in the transportation sector.


GDP's Performance and Yearly Growth for Johor
Sector 2007 2008 2009 2010
Agriculture, Forestry & Fishery 8.9% 8.8% 9.2% 11.1%
Rocks & Minerals 0.1% 0.1% 0.1% 0.1%
Manufacturing 37.4% 40.7% 39.5% 31.5%
Construction 2.9% 2.9% 3.1% 3.3%
Services 48.1% 47.4% 48.0% 52.1%
Annual Growth Rate 6.1% 6.7% 5.2% 7.3%

In 2006, three masterplan reports which will bring economic changes for the whole of Malaysia and Johor State were announced. The reports include:

  • The 9th Malaysia Plan (RMK9)
  • Third Industrial Master Plan
  • Comprehensive Development Plan for SJER or Wilayah Pembangunan Iskandar (WPI)

The Third Industrial Master Plan provides details of the 9th Malaysia Plan in the industry sector.The Comprehensive Development Plan for SJER will have a strong impact towards the growth and direction of development for the State of Johor and indicating the State Federal Government commitment to further motivate Johor's economic growth into a progressive state with IDR providing world class infrastructures (land and soft), quality of life and environmental quality.

The impact of the implementation at IDR will be felt in 2007/2008 when large projects are executed. These projects will henceforth increase the growth rate of IDR at a forecasted level of 8% and likewise the whole State of Johor will prosper via a forecasted growth rate of 7%.


 

Investment Outlook In Johor (2013)

 

In 2010, Johor recorded a total investment of RM47.177 billion.The total Foreign Direct Investments (FDI) received amounted to RM29.057 billion, whilst domestic investments stood at RM18.120 billion.

The FDI received in Johor, represents 8.96% of the total FDI in Malaysia at RM163.896 billion.

Approved Manufacturing Projects In Johor (2013)
Type # Employment Domestic(RM) Foreign(RM) Total Capital(RM)
New 94 7,637 3,892,566,900 1,666,894,180 5,559,461,080
Expansion 78 7,278 968,601,069 936,852,494 1,905,453,563
Total 172 14,915 4,861,167,969 2,603,746,674 7,464,914,643

 

 

Investment Trends in Johor

 

Expansion vs New Project

The Investment trend in Johor for expansion projects still remained healthy, where Johor recorded RM1.61 billion (13.75%), whilst new projects recorded a total of RM10.10 billion (86.25%).

FDI vs Domestic

In terms of FDI and Domestic Investments contribution, the trend still remained the same as previous years, where FDI contributed 80.2% and domestic investment 19.8%.

 

As at December 2008, the largest contributor of FDI were from Spain with a total investment of RM4.16 billion, followed by Japan at RM2.44 billion, Singapore at RM0.91 billion, Switzerland at RM0.62 billion and Netherlands at RM0.59 billion.

Main Sectors of Industry

The three main sectors of industry in Johor are Basic Metal Industry at RM7.3 billion, followed by Electrical & Electronics at RM1.2 billion, Petrochemicals Products (RM912 million), Food Industry (RM888 million), Chemical & Chemical Products (RM338 million) and Fabricated Metal Industry at RM346 million.

Industry locations that received most investment

The five main industrial location in Johor that received the most investment in 2008 were Tanjung Langsat (RM7.5 billion), Pasir Gudang IE (RM905 million), Tanjung Agas IE (RM630 million), Johor Bahru (RM356 million) and Kluang RM234 million.


 

JOHOR STATISTICS 2013

 

(all statistics are taken from Malaysian Industrial Development Authority)
 

APPROVED MANUFACTURING PROJECTS WITH FOREIGN PARTICIPATION IN JOHOR, JANUARY - SEPTEMBER 2013
Country # Foreign Investment (RM)
Australia 1 1,675,600
China 1 1,506,722
Finland 1 3,820,000
Germany 1 87,730,000
Hong Kong 1 30,783,000
Japan 9 353,891,057
Korea Republic 1 54,750,000
Netherlands 3 2,205,294,000
Others 2 125,838,704
Singapore 48 1,922,765,493
Switzerland 2 14,979,014
Taiwan 1 31,587,431
United Kingdom 3 5,525,845
United States of America 5 3,209,407,848
TOTAL 79 8,049,554,714

 

APPROVED MANUFACTURING PROJECTS IN MALAYSIA (BY STATE), JANUARY - DECEMBER 2013
State # Employment Domestic Investment (RM) Foreign Investment (RM) Total Investment (RM)
Johor 58 8,835 542,195,136 1,880,275,319 2,422,470,455
Kedah 12 766 33,877,641 75,442,858 109,320,499
Kelantan 2 55 4,056,000 0 4,056,000
Melaka 9 419 37,441,757 53,876,920 91,318,677
Negeri Sembilan 12 915 423,132,049 157,658,085 580,790,134
Pahang 6 354 120,022,310 253,128,657 373,150,967
Perak 15 2,472 68,867,651 1,048,263,141 1,117,130,792
Pulau Pinang 27 3,839 287,178,082 686,510,749 973,688,831
Sabah 13 1,378 4,582,985,440 175,381,094 4,758,366,534
Sarawak 9 1,117 302,464,657 1,080,911,912 1,383,376,569
Selangor 90 8,836 3,514,607,503 1,033,929,923 4,548,537,426
Terengganu 7 311 120,553,930 1,302,669,070 1,423,223,000
WP Kuala Lumpur 8 621 107,318,261 36,739,194 144,057,455
Total 268 29,918 10,144,700,416 7,784,786,923 17,929,487,339

 

APPROVED MANUFACTURING PROJECTS IN JOHOR BY LOCATION, JANUARY - DECEMBER 2013
Location # Employment Domestic Investment (RM) Foreign Investment (RM) Total Investment (RM)
Air Hitam 1 408 11,602,000 0 11,602,000
Bandar Tenggara Ph I IE 1 160 0 158,500,000 158,500,000
Batu Pahat 5 988 97,332,219 0 97,332,219
Endau 1 220 16,600,000 0 16,600,000
Gelang Patah 4 130 15,200,492 516,094,477 531,294,969
Johor Bahru 16 871 56,865,000 297,253,039 354,118,039
Kluang 2 17 3,440,790 0 3,440,790
Kluang IE 1 111 0 32,068,458 32,068,458
Kulaijaya 8 416 29,053,684 162,280,969 191,334,653
Larkin IE/Dato' Onn IE 1 28 0 31,035,000 31,035,000
Masai 1 40 15,080,400 1,675,600 16,756,000
Mersing 1 273 16,300,000 0 16,300,000
Muar 17 1,573 69,291,907 1,506,722 70,798,629
Others 5 678 76,400,000 1,106,727,000 1,180,127,000
Pagoh IE 1 131 6,950,000 0 6,950,000
Parit Raja IE 1 31 0 8,355,037 8,355,037
Pasir Gudang IE 7 584 35,950,720 380,054,865 416,005,585
Pasir Gudang II (Tanjong Langsat) 6 706 84,033,870 845,780,806 929,814,676
Pekan Nenas 2 246 166,592,426 136,724,988 303,317,414
Pengerang 1 96 1,195,440,000 1,148,560,000 2,344,000,000
Plentong 2 122 16,044,168 327,432 16,371,600
Skudai 2 190 29,569,305 0 29,569,305
Senai I IE 8 2,905 308,330,167 2,731,369,237 3,039,699,404
Senai II 8 4,178 66,393,230 370,687,351 437,080,581
Senai II IE 1 90 0 28,426,000 28,426,000
Senai III IE 3 441 35,599,889 21,320,112 56,920,001
Simpang Renggam 1 101 7,072,903 0 7,072,903
Sri Gading IE 3 271 27,678,641 0 27,678,641
Tampoi 4 38 5,600,000 0 5,600,000
Tebrau I IE 5 44 1,400,000 1,428,572 2,828,572
Tebrau II Ph I IE 2 255 10,810,800 58,470,800 69,281,600
Ulu Tiram 11 917 136,301863 9,408,248 145,710,111
Yong Peng 1 79 0 4,500,000 4,500,000
Total 133 17,338 2,540,961,474 8,049,554,713 10,590,516,187

 

APPROVED MANUFACTURING PROJECTS IN JOHOR BY INDUSTRY, JANUARY - DECEMBER 2013
Industry # Employment Domestic Investment (RM) Foreign Investment (RM) Total Investment (RM)
Basic Metal Products 7 854 39,000,000 925,620,579 964,620,579
Beverages & Tobacco 1 66 0 100,000,000 100,000,000
Chemicals & Chemical Products 8 385 21,970,790 259,782,448 281,753,238
Electronics & Electrical Products 22 8,323 360,999,372 3,160,214,943 3,521,214,315
Fabricated Metal Products 11 500 30,452,905 107,887,801 138,340,706
Food Manufacturing 14 1,470 283,452,328 1,242,809,524 1,526,261,852
Furniture & Fixtures 22 2,383 119,730,285 7,006,722 126,737,007
Machinery Manufacturing 11 607 14,860,527 646,659,257 661,519,784
Non-Metallic Mineral Products 6 799 203,113,736 164,914,163 368,027,899
Paper, Printing & Publishing 8 505 142,043,435 31,176,037 173,219,472
Petroleum & Petrochemical Products 2 116 1,195,440,000 1,318,660,000 2,514,100,000
Plastic Products 3 479 61,362,252 12,700,000 74,062,252
Rubber Products 0 0 0 0 0
Scientific & Measuring Equipment 8 178 40,797,192 6,647,239 47,444,431
Textiles & Textile Products 5 342 12,360,000 65,476,000 77,836,000
Transport Equipment 2 30 4,950,000 0 4,950,000
Wood & Wood Products 3 301 10,428,652 0 10,428,652
Total 133 17,338 2,540,691,474 8,049,554,713 10,590,516,187

 

 

 



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