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Invest Malaysia Facilitation Centre a crucial cog in Johor's development, says MB

Publish date: Fri, 19 Apr 2024, 05:17 PM

JOHOR BARU: The Invest Malaysia Facilitation Centre (IMFC) will play a crucial role in the economic development of Johor, says Datuk Onn Hafiz Ghazi.

The Johor Mentri Besar said establishing the IMFC was among the issues discussed with Prime Minister Datuk Seri Anwar Ibrahim on Thursday (April 18).

"Three matters were discussed during the special Johor development meeting chaired by Anwar in Forest City.

"They are the Johor-Singapore Special Economic Zone (SEZ), Special Financial Zone (SFZ) and the establishment of the IMFC.

"We discussed various details, including the current development of the SEZ's draft policy; investment prospects; location of choice; and suitable investment initiatives and packages to be offered," he said in a Facebook post on Friday (April 19).

He added that the main objective of the initiatives was to ensure that Johoreans and Malaysians are given better job opportunities.

"On top of that, the establishment of the IMFC as a one-stop facilitation centre, which provides consultation services and to ease business affairs, is also very important," he said.

Malaysia and Singapore signed a memorandum of understanding to set up the SEZ on Jan 11.

The IMFC one-stop centre is one of the initiatives that Malaysia and Singapore agreed to look into to support the SEZ.

Other initiatives include the implementation of a passport-free QR code clearance system on both sides and adopting digitalised processes for cargo clearance at land checkpoints.

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