2. Outline
• Iskandar Malaysia
• Iskandar Malaysia, Asia’s New
Creative & ICT Destination
• Access to Opportunity
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ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
5. Located In The Heart Of Asia
• 2 to 8 hours flight to 3.8 billion population
• Fast‐growing service‐based economies
• Daily flights to major cities
• Minutes away from Singapore
Source : The Economist Intelligence Unit
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
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7. Iskandar Malaysia’s Development Strategy
Vision A Strong Sustainable Metropolis
of International Standing
Economic Institutional
Five International Drivers Socio Infra‐ Framework
Strategic Rim & Economic structure &
Positioning Catalyst Equity Enablers Regulatory
Pillars Projects Authority
Equitable & Fair Distribution Among Stakeholders
Three Growth and Value Creation
Foundations
Nation Building
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
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8. Choices of Locations (Zone A, B or E)
• 2,217 km2 or 550,000 acres
• 3 times the size of Singapore
Senai – Skudai • 1.4 million population
(Kulaijaya)
Zone
Zone
Zone
Zone
Johor Bahru
Zone City Centre Eastern Gate Development
Nusajaya (Pasir Gudang – Tanjong Langsat)
Singapore
Western Gate Development
(Port Tanjung Pelepas)
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
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9. The Iskandar Malaysia Vision
Economic Growth
“To develop Iskandar Malaysia into a strong and
sustainable metropolis of international standing”
Year 2005 Projected (2025)
GDP (USD) 20 billion 93 billion
Per capita GDP (USD) 14,790 31,100
Employment 0.610 million 1.428 million
Population 1.4 million 3.0 million
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
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10. Iskandar Malaysia’s Economic Drivers
Investment Opportunities
Iskandar Economy
“Strong, Diversified, Dynamic and Global”
Services
Educational
Services
Health
Services
Financial
Industries
Creative
Petro
Electrical & chemical Food & Logistic &
The Main Agro
Electronics & related Tourism
Pillars Oleo Processing Services
chemical
Five Main ‘Pillars’ to be reinforced Four New Service‐Based Pillars’ being added
Strong Supporting Industries (Metal Products, Engineering, Non‐metallic, Manufacturing Related Services (MRS))
Support
System Strong Supporting Institutions (Education, R&D, Government, Private & social institutions, communication & coordination system)
World‐class Professionals and Technical Work Force
Excellent Physical, Infrastructure, including ICT
Basic
Foundation Excellent Working & Living Environment
Stable Political, Social Environment
The well‐established sectors which are manufacturing‐based will be reinforced while
giving new emphasis on new sectors which are services‐based
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
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12. IM’s vision: Asia’s New Creative Destination
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
13. ICT & Creative Centres in Iskandar Malaysia
MSC Cyberport City – Kulai Jaya
Developed in 3 phases, starting from the the first half of 2011
Offers quality facilities and state‐of‐art infrastructure including
services apartments, commercial & office space, R&D centre and cyber
incubators
Planned for a modern cluster of IT buildings where knowledge and
skilled locals & foreign knowledge workers will reside and work
Bandar MSC Cyberport
• 150 acre ICT mixed development with
residential, commercial and ICT space to be
completed 2012
• 1 iconic tower
• Enterprise block
MSC Cyberport JB
• Incubator facilities
• Residential Creative Park@Medini
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ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
14. ICT & Creative Centres in Iskandar Malaysia
Creative Park@Medini Pinewood Iskandar Malaysia Studios
• Spearheaded by Medini Central Sdn Bhd • Located adjacent to Medini in an 80 acre
site
• 286.98 acres
• Project value RM400 million
• 33 commercial plots (2.13 acres to 22.02
acres) • Economic impact to exceed RM1 billion
over 8 years
• Digital infrastructure for international
agencies, studios & companies in • Will create 3,000 direct jobs and over 5,000
technologies R&D, animation, broadcast indirect jobs when fully operational
& movies
• Target to open in early 2013
Iskandar Regional Development Authority (IRDA)
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
16. Iskandar Malaysia – Why here?
Location; next door to an established economy
Ever‐improving infrastructure
Political stability & security
Ease of doing business
Easy life style & vibrant city
Malaysia is no 10 in world
competitiveness for doing
business
Source : IMD World Competitiveness Yearbook 2010
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ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
17. Stable & Attractive Tax System
Forbes Tax Misery Index 2009
Malaysia ranked 17th. 5th if 15% income tax for
knowledge workers is effective
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
18. Excellent Connectivity
KLIA Airport: 320km / 3 hours
Senai Airport: 27km / 23mins
Strategic Network
Central Business District – Johor Bahru:
31km / 25mins Port of Tanjung Langsat:
55km / 40mins
Johor Port
44km / 35mins
Port of Tanjung Pelepas: 10km / 7mins Changi Airport: 58km / 47mins
Malaysia Customs, Immigration and Quarantine:
7km / 5mins
Central Business District – Singapore:
Singapore Customs, Immigration and Quarantine: 39km / 32mins
13km / 10mins
Jurong Port: 19km / 15mins
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ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
19. Available IT Talent Supply
• English as medium of learning
• 3,000 students per year
• Dedicated, strong work ethics and flexible workforce
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
20. Incentives Overview
General Incentives Customised Incentives ISP for Medini Iskandar Malaysia
• These are existing tax • Investors with strategic and • Investments in targeted 6‐
incentives offered to various catalytic projects may apply for services based clusters,
industries and promoted customised incentives. approved developers and
activities • These projects must have high approved development
value propositions and can managers
• These incentives are enacted generate significant economic The broad Incentives are:‐
in the Promotion of linkages to the local economy 1. Corporate tax exemption for
Investments Act (PIA) 1986 as • Value propositions include: up to 10 years
well as through various gazette ‐ develop or bring in new or 2. Exemption from withholding
orders pursuant to Section 127 merging technologies which tax requirements on specific
of Income Tax Act will add value to existing payments
activities 3. Can be 100% foreign owned
• Common ones are Pioneer ‐ employment of knowledge 4. Flexibility to employ foreign
Status, Investment Tax workers including training knowledge workers
Allowance (ITA), Reinvestment ‐invest significant capital 5. Approved foreign knowledge
Allowance (RA) etc investment workers can bring in car free
‐ other areas which will help from duties
bring the Malaysian economy
to a high value economy
MIDA, MDEC, Biotechcorp etc Iskandar Investment Committee / Iskandar Investment Committee
Economic Council
Various competitive incentives are offered to investors in Iskandar Malaysia
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
21. World Class Telecommunication Infrastructure
FLD TAIB BUKIT
ANDAK BESAR
BUKIT
BATU KELAPA
SAWIT KOTA TINGGI
AYER
BEMBAN
KULAI
TMN. ULU TEBRAU
MUHIBBAH
SENAI TIRAM
TMN. DESA
AYER KANGKAR CEMERLANG
TMN.
BALOI KAYU ARA PULAI UNIVERSITY PANDAN
PASONG SKUDAI
TMN. BDR. CAHAYA
PERMAS
PERLING BARU
JAYA
PEKAN BKT RESAM
TAMPOI
NENAS PELANGI
PONTIAN
GELANG PASIR
JOHOR
PATAH GUDANG
BAHARU TG. PETERI
TG. KUPANG LEGEND:
Existing Fiber Network
KUKUP Planned Fiber Network
TG. PELEPAS
Existing Central Office
Planned Central Office
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ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
22. Proposed Gigabit Backbone
Capacity up to 100Gbps for industry
Flagship Zone E
Senai-Kulai-Indahpura Flagship Zone D
Pasir Gudang
Flagship Zone A
JB City
Flagship Zone B
Nusajaya
Connection Singapore
Flagship Zone C via Causeway
Tanjung Pelepas
Connection Singapore
via 2nd Link
High Speed Broadband
Metro‐E fibre optic
Exchange/Node
Backbone – 100 Gbps
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
23. Easy Life Style & Vibrant
Nature, beach & parks – islands, waterfalls, mangrove
Golf Paradise – 15 international standard golf courses
Rich Culture & Heritage – Zapin, Kuda Kepang, Ghazal
Excellent Food – Best choices of Asian, western and
seafood
Education – International schools (e.g SeriOmega, Sri
Ara, Marlborough college), international universities
Healthcare – ColumbiaAsia, Regency, KPJ specialist
hospitals
Religion – freedom of worship for all religions
International events – Kite festival, Iskandar Johor
Open
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24. In Summary
1. Close to high growth areas in Asia (Singapore, Indonesia,
China, India – potential gateway to ASEAN)
2. MSC Malaysia & Bill of Guarantees and other incentives
3. World class Infrastructure
• Well connected transportation network
• High speed telecommunication
4. Available talent supply
5. Choices of locations / areas
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ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)
