“Iskandar Malaysia: Current Progress and Future Directions”
Content
• Introducing Iskandar Malaysia
• Roles & Responsibilities of IRDA
• Achievement Highlights
• Latest Progress Development in Iskandar Malaysia
• Investment in Iskandar Malaysia
• Summary
Formation of 5 Economic Corridors
Changi Airport
Senai Airport
Central Business District Singapore
Central Business District – Johor Bahru:
Jurong Port
Port of Tanjung Pelepas
Port of Tanjung LangsatJohor Port
Where are we?• ISKANDAR MALAYSIA is the Super
Economic Corridor that lies strategically at the heart of South East Asia on the southern tip of the Peninsula
• Centrally located in the heart of South East Asia
• Strategically located at the cross roads of the East-West trade lanes
• Within minutes to Singapore
2,217 sq km
Projected Growth 2006 to 2025
JB CITY CENTRENUSAJAYA
WESTERN GATE DEV
EASTERN GATE DEV
SENAI - SKUDAIIndicator 2006 2025
(CDP) Annual rate of change
(%)
Population (mil) 1.6 3.0 4.63%
GDP per capita (PPP) in USD
14,790 31,100 5.78%
Labour Force (mil) 0.62 1.46 7.00%
Employment (mil) 0.61 1.43 7.00%
To be A Strong and Sustainable Metropolis of International Standing
Vision of Iskandar Malaysia
E
AB
C
D
The Main Pillars
Support System
Basic Foundation
“Strong, Diversified, Dynamic and Global”
Electrical & Electronics
Petrochemical
&Oleo
chemical
Strong Supporting Institutions (Education, R&D, Government, Private & social institutions, communication &coordination system)
World-class Professionals and Technical Work Force
Logistic &
related Services
Tourism
Financial Services
Excellent Physical, Infrastructures, including IT
Stable Political, Social Environment
Strong Supporting Industries ( Metal Products, Engineering, Non-metallic, Manufacturing Related Services (MRS))
Iskandar Economy
Creative Industries
Food & Agro
Processing
Educational Services
Health
Services
Four New Service-Based Pillars’Five Main ‘Pillars’ to be reinforced
Excellent Working & Living Environment
Iskandar Malaysia’s Key Economic Thrusts
EducationTourismHealthcare Creative
Oleo- & Petro-chemicals
Services
Manufacturing
9 Focus Economic Sectors
Electrical & Electronics Food & Agro-Processing
Logistics Financial Services-Theme Parks-Family Entertainment Centre-Hotel, dining & shopping-MICE
-Private School-Higher Education Institution-Specialized skills training centre
-Specialist Medical Service-Diagnostic medical Service-T&CM, wellness
-Film, television, games, animation-Online mobile content generation-integrated media & content services
-Transportation-Aerospace-Oil Storage & trading hub-halal logistic hub-warehousing
-Islamic banking & finance, retail & wholesale banking, PSSO, BPO, financial & other professional services-offshore financial services
-Advance E&E,-Renewable Energy-Automotive & Rail-R&D-Medical devices-security & Defence
-O&G Processing, Support industries-Biotechnology-Polymer production-Aromatics & Olefins
-Palm Oil based products-Cocoa based products-Halal derivatives-Agriculture biotechnology-Healthcare biotechnology
JB CITY CENTRE
NUSAJAYA
WESTERN GATE DEV
EASTERN GATE DEV
SENAI - SKUDAI
E
AB
C
D
Identified Economic Clusters in 5 FlagshipsECONOMIC CLUSTER
• Logistics•Manufacturing (esp. high
tech and aerospace related)• Tourism (Luxury Shopping
Destination)• Cybercity
SENAI-SKUDAI
ECONOMIC CLUSTER • Education & Medical
Tourism• Entertainment &
Recreation• State Administration • Finance• Biotechnology
NUSAJAYA
ECONOMIC CLUSTER• Logistics• Free Zone Industrial Area• Regional Distribution,
International Procurement• Oil storage Terminals
TANJUNG PELEPAS
C
B
E
ECONOMIC CLUSTER• Financial, Cultural and
Urban Tourism
JB CITY CENTRE
A
ECONOMIC CLUSTER •Manufacturing (Electronics,
petrochemicals, oleochemicals etc)• Oil Storage Terminals
PASIR GUDANG / TANJUNG LANGSAT
D
JB CITY CENTRE
NUSAJAYA
WESTERN GATE DEV
EASTERN GATE DEV
SENAI - SKUDAI
E
AB
C
D
Key Players in 5 Flagships1. Senai Airport2. Senai High Tech Park3. Johor Premium Outlets4. MSC Cyberport City5. Dyson6. Seagate7. Panasonic AVC
SENAI-SKUDAI
1. Kota Iskandar2. MEDINI3. EduCity4. LEGOLAND5. Puteri Harbour6. SiLC7. BioXcell
NUSAJAYA
B
1. PTP2. Tg. Bin Maritime
Centre3. BMW4. Flextronics
TANJUNG PELEPAS
C
E1. Bahru Stainless ( Acerinox
and Nisshin Steel)2. Titan Chemicals3. Asiaflex (Technip)4. Idemitsu5. Hitachi Chemicals6. Langsat Terminal 1 & 27. Seri Alam, City of
Knowledge
PASIR GUDANG / TANJUNG LANGSAT
D
1. Johor Corporation2. Danga Bay3. Iskandar Investment
Berhad4. Dijaya Group
JB CITY CENTRE
A
Presentation Outline
• Introducing Iskandar Malaysia
• Roles & Responsibilities of IRDA
• Achievement Highlights
• Latest Progress Development in Iskandar Malaysia
• Investment in Iskandar Malaysia
• Summary
Who are we?
IRDA Act 2007 (Act 664) empowers IRDA to Plan, Promote and Facilitate the development in the region
Collaboration with relevant authorities ensuring seamless service delivery to investors (example: one-stop-centre to fast track approval and provide customer service)
Supported by the Prime Minister and Chief Minister of Johor, both Joint Chairmen of the IRDA Members of Authority and esteemed Advisory CouncilIntegrated planning to ensure world-class benchmarks are adopted in development, for example in transportation, urban design, safety and security etc.
Iskandar Regional Development Authority (IRDA) is a Statutory Body established through an Act of Parliament to deliver on the
Iskandar Malaysia vision.
Governance Structure
Roles and Responsibilities
Master Planning (inclusive of Social Planning) Economic Planning Clusters Recommend policies, laws, actions and incentives
Brand guardian of Iskandar Malaysia as an investment destination
Promote private and public investments in Iskandar Malaysia
Disseminate information to investors and public
Monitor and align sector developments Coordinate and monitor enabler developments Principal coordinating agent for approval
PLANNING
PROMOTION
FACILITATION
Presentation Outline
• Introducing Iskandar Malaysia
• Roles & Responsibilities of IRDA
• Achievement Highlights
• Latest Progress Development in Iskandar Malaysia
• Investment in Iskandar Malaysia
• Summary
Jalan Kolam Ayer Upgrading
28th April 2010
Yahya Awal Interchange
28th Oct 2010
Ulu Tiram Interchange18th March
2011
Skudai – Senai
Highway22nd April
2011
Senai-Desaru Highway
June 2011
Jalan Abu Bakar – Jalan Skudai
31st June 2011
Kulai Interchange13th Oct 2011
Public Housing
Mac 2012
Abu Bakar InterchangeApril 2012
Coastal Highway
15 April 2012
Completion of Infrastructure, Amenities and Social Programs
Eastern Dispersal Link 1 April 2012
15
Aug
Marlborough College
Committed investment & completion of Education Projects
UniKL December
September
Masterskill
Newcastle Medical
UniversitySeptember
HELP University
College
Malaysia Art School
UiTM
2010 2011 2012 2013
MRSM June
University of Reading
April
Raffles University
16
Columbia Asia 2010
2009Regency
Sept 2012
17
Healthcare & Biotechnology Related Development
Econ Medicare Centre - 200-bedded medical centre with nursing care.
Dato’ Onn International
Specialist Hospital
KPJ Hospitals < 2009
2014
2014Gleneagles Medini
Wellness Centre2015
2013Bio -Xcell
Pasir Gudang Specialist Hospital – KPJ Healthcare (120-bed)
Dec 2012
Pilot Project:Digital COE Setup
Jan-Dec
Official Launch of FIMI Guideline
Feb
ICON apps Boot Camp
Mar-Dec
IM Creative Industry Talent Dev Program
Jan-Dec
PIMS openMay
Entertainment@Iskandar Malaysia
Sep
PIMS Official Launch
Sep
Media@MediniPhase 1: 2015
Investment: PIMS - MMU+USC - Media@Medini; Link - AL - R&H - RCP - AIR – IMA - MetFilm - BroadC
2013 2014 - 2015
Creative – Pinewood Iskandar Malaysia Studios
Commence Motorsports City
Q3
Opening Traders HotelApril
2013 2014 - 2015
3RD Theme Park 2014
Commence China Mall
Q4
Opening LEGOLAND Hotel
Jan. 2014
Opening LEGOLAND Water Park
Dec 2013
Tourism – Sports & Leisure
Opening Traders HotelApril
Iskandar Malaysia Comes Alive 2012
Johor Bahru Chingay Parade
2012Feb 2012
Mar 2012IM Corridor &
Cities Transformation
Programme Open
Kanival Budaya dan Warisan JB
2012Mar 2011
1 Hari Francais @ JB
May 2011
Jun 2012Tilawah Al-Quran
Peringkat Kebangsaan
Dec 2012World International
Economic Forum
Smart City ForumNov 2012
Sept 2012Opening Galleria @ Kotaraya
May 2012Submitting KM
Hotel & Apartment
2012 2013
2012
Sept 2012Opening City Square
JB Arts FestivalSept 2012
Oct 2012JB Transformation
Open Day
The Big September!
JB10KNov 2012
Presentation Outline
• Introducing Iskandar Malaysia
• Roles & Responsibilities of IRDA
• Achievement Highlights
• Latest Progress Development Iskandar Malaysia
• Investment in Iskandar Malaysia
• Summary
Development in Progress – Flagship A Johor Bahru City Centre A
JB TRANSFORMATION JB TRANSFORMATION
Development in Progress – Flagship A Johor Bahru City Centre
TROPICANA DIJAYA
SENIBONG COVE
SP SETIA SKY 88
A
Development in Progress – Flagship A Johor Bahru City Centre A
TROPEZ RESIDENCES
SOUTHKEY THOMSON HOSPITAL
JOHOR STATE GOVT OFFICE – KOTA ISKANDAR
B
Developments in Flagship B
CIQ PUTERI HARBOURPUTERI HARBOUR
B
Developments in Flagship B – Puteri Harbour
HELLO KITTY INDOOR THEME PARK
LITTLE RED CUBE SHOPPING MALL TRADERS HOTEL & SOMERSET
LAT’s PLACE RESTAURANT
LEGOLAND HOTEL
B
LEGOLAND – 1st IN ASIA
MALL OF MEDINI MEDINI CENTRAL
Developments in Flagship B – Legoland & Medini
LEDANG HEIGHTS
EAST LEDANG
B
Developments in Flagship B – Horizon Hills
HORIZON HILLS
B
Developments in Flagship B - Educity
MARLBOROUGH COLLEGENEWCASTLE UNIVERSITY
RAFFLES UNIVERSITY NETHERLAND MARITIME INST TECHNOLOGY
B
Developments in Flagship B - EduCity
STADIUM & SPORTS COMPLEX
INTERNATIONAL STUDENT VILLAGESOUTHAMPTON UNIVERSITY
MULTI VARSITY COMPLEX
PINEWOOD ISKANDAR MALAYSIA STUDIOS
B
Developments in Flagship B - Pinewood IM Studios
New Development in Flagship BGerbang Nusajaya & Sunway Iskandar
CHINA MALL
B
GLENEAGLES PRIVATE HOSPITAL
FAST TRACK MOTORSPORT
SUNWAY ISKANDAR
Development in Progress – Flagship CPort of Tanjung Pelepas
TG BIN COAL FIRE POWER PLANT TANJUNG PELEPAS PORT
C
RAMSAR PULAU KUKUP ECO TOURISM
PULAU KUKUP ECO TOURISM
C
Development in Progress – Flagship C Eco-Tourism
Development in Progress – Flagship DCity of Knowledge
EXCELSIOR INTERNATIONAL SCHOOL
D
PEGASUS INTERNATIONAL SCHOOL
UNIVERSITI TEKNOLOGI MARA SERI ALAM
MALAYSIA ARTS SCHOOL
Development in Progress – Flagship DCity of Knowledge
UNIVERSITI KUALA LUMPUR
ASIA METROPOLITAN UNIVERSITY
MARA JUNIOR SCIENCE COLLEGE
JAPANESE SCHOOL
D
Development in Progress – Flagship D
TANJUNG LANGSAT TERMINAL
D
TANJUNG LANGSAT INDUSTRIAL COMPLEX
BAHRU STAINLESS – JV ACERINOX SPAIN & NISSHIN STEEL JAPAN
Development in Progress – Flagship E
I-PARK@ INDAHPURA THE SENAI GARDEN
E
E
JOHOR PREMIUM OUTLETS
Development in Progress – Flagship EJohor Premium Outlets
Private chartered planes
EDevelopment in Flagship E – Senai Airport
NANO MALAYSIA CENTER
SENAI INTERNATIONAL AIRPORT
SENAI HI TECH PARK
Presentation Outline
• Introducing Iskandar Malaysia
• Roles & Responsibilities of IRDA
• Achievement Highlights
• Latest Progress Development Iskandar Malaysia
• Investment in Iskandar Malaysia
• Summary
Planning & Buildingthe Foundation
Sustain &Innovate
Phase 1
Phase 3
2007 - 2009 2010 - 2015 2016 - 2025
Dev
elop
men
t
Strengthening and Generating Growth
Phase 2
Progressive & sustainable
investments and
economic development
Targeting matured
and sustainable
investments
Targeting catalyst
investments
Investment Target =
RM47 bil
Iskandar Malaysia Development Phases
Investment Target =
RM73 bil
WE ARE HERE RM106.31
RM56 bil
Investment Target =
RM383 bil
* Others : Utilities,EmergingTech,Tourism,Education,Healthcare,Creative,Financial,Logistics,Retail,Industrial.
2006 2007 2008 2009 2010 2011 2012 2013 (March)0.00
10.00
20.00
30.00
40.00
50.00
60.00
70.00
80.00
90.00
100.00
110.00
120.00
5.50 11.9021.70 23.65 26.92 31.22 35.07 41.28
5.80
5.80
6.83
6.28
6.28
6.28
7.318.31
1.00
5.059.11
14.4519.98
28.79
34.47
7.10
8.17
16.52
21.83
27.30
35.1427.30
11.30
25.80
41.75
55.56
69.48
84.78
106.31
111.37
Year-on-Year (2006 – March 2013)
Manufacturing Others Properties Government Committed Investment
RM (Bil)
131.31
Cumulative Committed Investment
Proper-ties (Res-idential)
27.3
Retail 8.25
Industrial 4.87
Emerg-ing
Tech 1.03
Gov-ern-
ment 8.31
Utilities 9.53
Manu-facturing
35.33
Petro-chemical
5.95
Health-care 1.6
Creative 0.4
Tourism 2.23
Port/Logistic 4.43Education 1.55
Finance 0.6
In RM’ Bil
Note 1 : Government; Kota Iskandar project add 1Bil Note2 : Properties; reclassification of industrial and retail
Cumulative Committed Investment - by Sector March 2013
Source: IRDA, Khazanah, IIB , MIDA as at Dec 2012 & corporate announcements
2008 2009 2010 2011 2012 2013 (March)0.0
20.0
40.0
60.0
80.0
100.0
120.0
22.83 25.48 28.78 34.14 38.53 38.81
18.92
30.08
40.70
50.64
67.78 72.56
Foreign Local
RM’ Bil
58%
42% 40%
60%
36%
64%
45%
55%
54%
46%
Committed Investment – Local Vs Foreign
Source: IRDA, Khazanah, IIB corporate announcements & MIDA Dec 2012 Report
SECTOR Cumulative Realised Dec 2012 (RM Bil)
Cumulative Realised as of March 2013 (RM Bil)
Manufacturing 19.44 19.44Petrochemical 2.64 2.70Healthcare 0.21 0.24Tourism 1.01 1.02Port / Logistic 1.96 2.18Education 0.37 0.37
Property - Residential 6.90 7.07
Utilities 3.65 3.75Retail 1.39 1.78Industrial 0.53 0.53Government 5.59 5.74
TOTAL 43.69 44.82
Cumulative Realised Investment 2006 –March 2013
TOP 10 Foreign Investors in ISKANDAR MALAYSIA
Source: MIDA Dec 2012 Report
Countries RM billion
Singapore 6.32Spain 4.20Japan 3.74
Netherlands 2.85
United Arab Emirates 1.90Australia 1.80Lebanon 1.70
France 1.63China 1.58
Germany 1.53
Investment Focus – Moving forward
Services Sector focus:
• Healthcare• Education • Tourism• Creative• Logistics• Financial Services
Some targeted countries:
Singapore Korea
Japan USA
Euro countries
IndonesiaIndia
China
Presentation Outline
• Introducing Iskandar Malaysia
• Roles & Responsibilities of IRDA
• Achievement Highlights
• Latest Progress Development Iskandar Malaysia
• Investment in Iskandar Malaysia
• Summary
5.1. Performance to date
Valuation of property on which development have been approved for the year 2012
PROJECTED NEW ASSESSMENT TAX
RM 1,413,822.80
INVESTOR : Connoisseur Towers Sdn BhdPRODUCT : Service ApartmentNILAIAN : RM 43,374,000.00TAX (0.26%) : RM 112,772.40
INVESTOR : UM Land BerhadPRODUCT : Service Apartment + HotelNILAIAN : RM 124,971,000.00TAX (0.26%) : RM 324,924.60
INVESTOR : MB Vest Sdn BhdPRODUCT : Service Apartment + HotelNILAIAN : RM 237,393,000.00TAX (0.26%) : RM 617,221.80
INVESTOR : Bank Simpanan NasionalPRODUCT : OfficeNILAIAN : RM 21,749,000TAX (0.26%) : RM 56,547.40
INVESTOR : Chiam Soh Yong Realty Co.
Sdn BhdPRODUCT : Shop officeNILAIAN : RM 7,821,000TAX (0.26%) : RM 20,334.60
Value Proposition
52
3 world-class ports,1 international airport and 2 additional ports + an international airport in Singapore
Connectivity–highways, train, broadband, availability support services Availability of quality skills/manpower Upgraded physical and social infrastructure
Consistent and transparent Government policies Creation of IRDA to facilitate businesses & investments Ease of sourcing capital, goods and resources
Centrally located in the heart of East Asia Leveraging on the close proximity to Singapore with Global connectivity Sustainable economic growth within ASEAN region
Attractive investor value propositions – High upside potential for investments Overall Competitiveness – Total cost of doing business
STRATEGIC LOCATION
PHYSICAL & ECONOMIC INFRASTRUCTURE
SOLID GOVERNMENT COMMITMENT
CAPITAL RETURNS
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY
IRDA HeadquartersIskandar Regional Development
Authority (IRDA)#G-01, Block 8
Danga Bay, Jalan Skudai80200 Johor Bahru
Malaysia
Tel: +607-233 3000Fax: +607-233 3001
IRDA Satellite OfficeIskandar Regional Development
Authority (IRDA)Suite 5-3, 5th Floor, Block 3B
Plaza Sentral, Jalan Stesen Sentral 550470 Kuala Lumpur,
Malaysia
Tel: +603-2260 6777Fax: +603-2260 79991°28'58"N 103°43'6"
www.iskandarmalaysia.com.my
CONTACT US AT :
THANK YOU