Iskandar Malaysia - Development Overview
Iskandar Malaysia
Factsheet
Perfectly Positioned To Take On The World
Located on the southern-most tip of Peninsular Malaysia, Iskandar Malaysia is strategically located in the region. Covering an area of
2,217 sq. km., approximately three times the size of Singapore, it is easily accessible by land, air and sea. It has been designated by the
Malaysian government to be a prime hub for the 9 economic clusters which will be given special focus and offer excellent investment
opportunities. These include:
Services
Creative
Education
Financial Advisory and Consulting
Healthcare
Logistics
Tourism
Manufacturing
Electrical and Electronics
Petrochemical and Oleochemical
Food and Agro Processing
Factsheet
- Land Size
- Iskandar Malaysia covers a land size of 2,217 sq. km.
- 3 times the size of Singapore.
- 48 times the size of Putrajaya.
- GDP (Gross Domestic Product)
- Total Iskandar Malaysia GDP is about USD 20 billion in 2005, 60% of Johor's total GDP of USD 33.4 billion.
- Current per capita GDP for Iskandar Malaysia is about USD 14,790 which is higher than the Johor per capita GDP of USD 10,757 but half of Singapore's (about USD 30,000).
- Services and Manufacturing sectors are the two main pillars of Iskandar Malaysia's economy, but Services dominate by contributing about USD 10 billion in Iskandar Malaysia.
- Within the Services sector, Wholesale and Retail trade contributes 42.2%, Tourism and Hospitality (16.8%), Professional and Business (14.6%), Transport and Related (12.7%), Medical and Educational (6.7%), Financial (6.6%).
- Population by 2025
- Iskandar Malaysia is estimated to have 1.35 million people or 43% of Johor's population of 3.17 million. Some 66% of the population is of working age.
- Malays comprise 48.2%; Chinese 35.8%; Indians 9.4% & foreigners 6.6%. One third of the population is estimated at below 15 years old.
- Advantages
- GDP/Capita in Purchasing Power Parity - USD9,265 in 2005, 30-year GDP growth between 7% and 8%.
- South Johor accounts for 60% of State's GDP with services sector largest source of growth.
- Access to a large, educated workforce that is skilled and proficient in English, Bahasa Malaysia and other international languages.
- A mixture of green-fields and brown-fields, less expensive than Singapore & Hong Kong.
- State of the art telecommunications with efficient & transparent public institutional framework.
- Dynamic, knowledge-based clusters including information technology, biotechnology, tourism - education & healthcare, Islamic finance, manufacturing and electrical and electronic industry.
- World-class land, sea & air cargo facilities that allow good supply and distribution of raw materials.
- Ultra modern airport in Senai, handling 1.25 million visitors and over 7,500 tonnes of cargo in 2005.
- Port of Tanjung Pelepas and Pasir Gudang- established world-class transshipment ports of Malaysia.
- Excellent international tourist destinations and sports facilities, including shopping and healthcare & wellness.
- Low inflation rate (less than 3.5%) & unemployment rate of 3-4 %.
Perfectly Positioned To Take On The World
Located on the southern-most tip of Peninsular Malaysia, Iskandar Malaysia is strategically located in the region. Covering an area of
2,217 sq. km., approximately three times the size of Singapore, it is easily accessible by land, air and sea. It has been designated by the
Malaysian government to be a prime hub for the 9 economic clusters which will be given special focus and offer excellent investment
opportunities. These include:
Services
Creative
Education
Financial Advisory and Consulting
Healthcare
Logistics
Tourism
Manufacturing
Electrical and Electronics
Petrochemical and Oleochemical
Food and Agro Processing
Strategic Advantages
• Located at the crossroads of the East-West trade routes
• Midway between the rapidly growing economies of China and India
• Easily accessible by air, land and sea from within Asia and the world
• Supported by three world-class ports, two international airports, two causeways, world-class highways and
railway link to Singapore
• Home to world’s oldest rainforests, mangrove forests, beautiful islands, beaches and Malaysia’s
longest coastline
• Vast land bank of green fields and brown fields, supported by transportation and telecommunications infrastructure
• Combination of good living standards and attractive cost of living
• Multi-lingual, educated workforce that is skilled and readily available
• Strong and established manufacturing base to complement the services sector
• Located at the crossroads of the East-West trade routes
• Midway between the rapidly growing economies of China and India
• Easily accessible by air, land and sea from within Asia and the world
• Supported by three world-class ports, two international airports, two causeways, world-class highways and
railway link to Singapore
• Home to world’s oldest rainforests, mangrove forests, beautiful islands, beaches and Malaysia’s
longest coastline
• Vast land bank of green fields and brown fields, supported by transportation and telecommunications infrastructure
• Combination of good living standards and attractive cost of living
• Multi-lingual, educated workforce that is skilled and readily available
• Strong and established manufacturing base to complement the services sector
