Great Keenness Displayed by Numerous China Manufacturing Companies for Opening Operations within Malaysia, Especially in Johar

Published By : 15 Oct 2015 | Published By : QYRESEARCH

The president of the Johor Associated Chinese Chambers of Commerce and Industry (JACCCI), named, Datuk Tan Seng Leong, stated they had communicated their aim amid a meeting with them in Xiamen, China, as of late. He said the makers were wanting to move parts of their operations to Johor or set up a plant outside China in perspective of the raising working expense there. Tan stated that the manufacturers are searching for expansive industrial regions somewhere around 1,214ha and 1,618ha and a large portion of them have specified Iskandar Malaysia as their favored area.

He said this after the marking of a notice of comprehension in the middle of JACCCI and the Singapore Chinese Chamber of Commerce and Industry (SCCCI), spoke to by its leader Thomas Chua Kee Seng. The occasion was experienced by Datuk Tee Siew Kiong, the Trade and Consumerism committee chairman, Ian Mak, who is the consul-general of Singapore, and Johor Tourism. JACCCI has 20,000 individuals and 80% of them include small and medium enterprises (SMEs). On the other hand, SCCCI has 4,000 corporate individuals, around 40,000 SMEs, and 154 trade associations

Tan further stated that JACCCI will be working closely alongside the Iskandar Regional Development Authority, Iskandar Investment Bhd, and Johor State Investment Center to encourage the speculations by the Chinese makers. Chua stated that 200 SMEs from Singapore are as of now in Iskandar Malaysia and more are liable to migrate their operations because of the high cost of working together in Singapore. Chua also stated that JACCCI and SCCCI may closely investigate business opportunities in other Asean nations when the Asean Economic Community commences next January. In the meantime, Tee stated that during the first half of 2015, Johor had gotten RM493mil by investing in the manufacturing division in the nation, having 28 projects to open 1,804 job openings

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