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A New city, three times the size of neighboring Singapore is taking shape in the foothills of southern Malaysia, where officials and investors have equally huge ambitions for the city.

Rolling terrain once covered with palm oil plantations and bush has been bulldozed to make way for theme parks, luxury homes, international schools, hotels, hospitals, a movie studio and a business district by 2025.

In short, a new Singapore is being built in an area covering 2,217 sq km in Johor state. Iskandar, one of five ‘economic growth corridors’ Malaysia is developing, was launched in 2006 and will integrate existing towns, seaports and an airport with the new projects being built from scratch.

Iskandar Malaysia was designed with investors in mind. The region will enjoy state-of-the-art facilities, full infrastructure and a one-stop business centre to ensure business transactions are fast, seamless and convenient.

Iskandar Malaysia is set to become Southern Peninsular Malaysia’s most developed region, where living, entertainment, environment and business seamlessly converge within a bustling and vibrant metropolis. Located in Johor, the southern gateway to Peninsular Malaysia, its advantages include: Six to eight hours flight radius from Asia’s burgeoning growth centres such as Bangalore, Dubai, Hong Kong, Seoul, Shanghai, Taipei and Tokyo. Within reach of a global market of some 800 million people. Accessible by air, land, rail and sea. Flanked by three major ports, the Pasir Gudang Port, Port of Tanjung Pelepas and Tanjung Langsat Port. The first of its kind, Iskandar Malaysia has been allocated RM6.83 billion by the Government. Encompassing a vast acreage of land, it is the largest single development project ever to be undertaken in the region. Because of its strategic location, accessibility to leading Asian cities, proximity to some of the world’s most rapidly growing and important economies, and a range of attractive fiscal incentives, Iskandar Malaysia is poised to attract an exciting influx of foreign and high-level corporate investments as discerning investors look to benefit from its many advantages and high growth potential.

By having one of the most conducive business environments in the region, Malaysia is easily one of the best places to invest in. Taking into account its competitive wages, low inflation, high staff retention rate, a well-educated and multilingual workforce along with world-class infrastructure, it makes perfect economic sense to invest in a country that is as sound and stable as Malaysia.

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Shayne Heffernan

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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