Johor Economy Report

In 2008, Johor's economy grew in line with Malaysia's economic development. Johor's GDP Growth was 5.2%

The manufacturing sector faced tribulations and several sectors had shown sluggish performance due to a drop in export and weak local markets related to the slow development of the construction sector.

The services sector saved Johor's economy. This sector showed continuous growth at an average of 8% as a result of an increase in the transportation sector.

GDP's Performance and Yearly Growth for Johor

GDP's Performance and Yearly Growth for Johor
Sector 2007 2008 2009 2010
Agriculture, Forestry & Fishery 8.9% 8.8% 9.2% 11.1%
Rocks & Minerals 0.1% 0.1% 0.1% 0.1%
Manufacturing 37.4% 40.7% 39.5% 31.5%
Construction 2.9% 2.9% 3.1% 3.3%
Services 48.1% 47.4% 48.0% 52.1%
Annual Growth Rate 6.1% 6.7% 5.2% 7.3%

In 2006, three masterplan reports which will bring economic changes for the whole of Malaysia and Johor State were announced. The reports include

  • The 9th Malaysia Plan (RMK9)
  • Third Industrial Master Plan
  • Comprehensive Development Plan for SJER or Wilayah Pembangunan Iskandar (WPI)

The Third Industrial Master Plan provides details of the 9th Malaysia Plan in the industry sector.The Comprehensive Development Plan for SJER will have a strong impact towards the growth and direction of development for the State of Johor and indicating the State Federal Government commitment to further motivate Johor's economic growth into a progressive state with IDR providing world class infrastructures (land and soft), quality of life and environmental quality.

The impact of the implementation at IDR will be felt in 2007/2008 when large projects are executed. These projects will henceforth increase the growth rate of IDR at a forecasted level of 8% and likewise the whole State of Johor will prosper via a forecasted growth rate of 7%

Investment Outlook In Johor 2010

In 2010, Johor recorded a total investment of RM47.177 billion.The total Foreign Direct Investments (FDI) received amounted to RM29.057 billion, whilst domestic investments stood at RM18.120 billion.

The FDI received in Johor, represents 8.96% of the total FDI in Malaysia at RM163.896 billion.

Approved Manufacturing Projects In Johor, 2010

Approved Manufacturing Projects In Johor, 2010
Type # Employment Domestic(RM) Foreign(RM) Total Capital(RM)
New 94 7,637 3,892,566,900 1,666,894,180 5,559,461,080
Expansion 78 7,278 968,601,069 936,852,494 1,905,453,563
Total 172 14,915 4,861,167,969 2,603,746,674 7,464,914,643

Investment Trends in Johor

Expansion vs New Project

The Investment trend in Johor for expansion projects still remained healthy, where Johor recorded RM1.61 billion (13.75%), whilst new projects recorded a total of RM10.10 billion (86.25%).

FDI vs Domestic

In terms of FDI and Domestic Investments contribution, the trend still remained the same as previous years, where FDI contributed 80.2% and domestic investment 19.8%.

As at December 2008, the largest contributor of FDI were from Spain with a total investment of RM4.16 billion, followed by Japan at RM2.44 billion, Singapore at RM0.91 billion, Switzerland at RM0.62 billion and Netherlands at RM0.59 billion.

Main Sectors of Industry

The three main sectors of industry in Johor are Basic Metal Industry at RM7.3 billion, followed by Electrical & Electronics at RM1.2 billion, Petrochemicals Products (RM912 million), Food Industry (RM888 million), Chemical & Chemical Products (RM338 million) and Fabricated Metal Industry at RM346 million.

Industry locations that received most investment

The five main industrial location in Johor that received the most investment in 2008 were Tanjung Langsat (RM7.5 billion), Pasir Gudang IE (RM905 million), Tanjung Agas IE (RM630 million), Johor Bahru (RM356 million) and Kluang RM234 million.

Johor Statistics 2011

(all statistics are taken from Malaysian Industrial Development Authority)

JOHOR STATISTICS JANUARY - OCTOBER 2011

APPROVED MANUFACTURING PROJECTS WITH FOREIGN PARTICIPATION IN JOHOR, JANUARY - OCTOBER 2011

APPROVED MANUFACTURING PROJECTS WITH FOREIGN PARTICIPATION IN JOHOR, JANUARY - OCTOBER 2011
Country # Foreign Investment (RM)
Australia 4 61,822,983
British Virgin Island 1 5,860,000
Cayman Island 1 60,657,038
China 2 25,356,077
Denmark 1 122,000,000
France 1 127,500,000
Germany 1 5,323,099
Hong Kong 1 25,497,165
India 1 3,591,022
Indonesia 2 689,849,440
Italy 2 79,648,900
Japan 9 81,354,578
Korea 1 239,668,000
Netherlands 2 70,648,000
Others 11 28,615,985
Pakistan 1 2,500,000
Singapore 49 1,250,830,196
Switzerland 1 14,415,817
Taiwan 3 54,970,950
Thailand 1 229,000,000
Turkey 1 270,000,000
United States 1 78,500,000
TOTAL 97 3,527,609,250

APPROVED MANUFACTURING PROJECTS IN MALAYSIA (BY STATE), JANUARY - OCTOBER 2011

APPROVED MANUFACTURING PROJECTS IN MALAYSIA (BY STATE), JANUARY - OCTOBER 2011
State # Employment Domestic Investment (RM) Foreign Investment (RM) Total Investment (RM)
Johor 157 22,044 3,202,428,403 3,527,609,250 6,730,037,653
Kedah 35 3,430 126,007,386 639,143,148 765,150,534
Kelantan 5 531 89,940,579 38,650,994 128,591,573
Melaka 33 7,727 1,707,841,109 1,890,879,252 3,598,720,361
Negeri Sembilan 29 2,774 1,525,214,806 1,936,681,464 3,461,896,270
Pahang 21 934 1,982,689,261 884,110,947 2,866,800,208
Perak 26 3,983 878,614,524 87,168,570 965,783,094
Perlis 3 102 20,310,520 3,000,000 23,310,520
Pulau Pinang 83 10,565 1,839,014,806 3,862,279,219 5,701,294,025
Sabah 24 1,565 675,484,079 44,338,930 719,823,009
Sarawak 33 4,592 4,158,318,309 3,146,944,421 7,305,262,730
Selangor 218 15,415 3,064,233,034 3,748,185,313 6,812,418,347
Terengganu 13 2,701 284,438,844 1,086,704,744 1,371,143,588
WP Kuala Lumpur 13 892 157,239,902 102,243,444 259,483,346
Total 693 77,255 19,711,775,565 20,997,939,693 40,709,715,258

APPROVED MANUFACTURING PROJECTS IN JOHOR BY LOCATION, JANUARY - OCTOBER 2011

APPROVED MANUFACTURING PROJECTS IN JOHOR BY LOCATION, JANUARY - OCTOBER 2011
State # Employment Domestic Investment (RM) Foreign Investment (RM) Total Investment (RM)
Air Hitam 1 178 18,103,387 0 18,103,387
Batu Pahat 5 643 30,990,546 19,687,050 50,677,596
Benut 1 106 5,214,127 0 5,214,127
Bukit Gambir 1 47 3,100,000 0 3,100,000
Gelang Patah 1 157 0 13,688,813 13,688,813
Johor Bahru 17 2,123 96,819,958 398,066,958 494,886,916
Kluang 3 173 28,483,707 2,725,869 31,209,576
Kluang IE 1 300 55,608,000 4,392,000 60,000,000
Kota Tinggi 3 175 15,773,800 230,841,200 246,615,000
Kulaijaya 4 3,056 27,385,813 529,805,450 557,191,263
Larkin IE/Dato' Onn IE 2 248 51,750,000 63,250,000 115,000,000
Masai 7 727 3,756,471 225,452,446 229,208,917
Muar 19 1,578 78,686,042 0 78,686,042
Others 10 1,363 62,336,087 230,329,840 292,665,927
Pagoh 1 106 2,540,000 0 2,540,000
Parit Raja IE 1 169 23,750,000 0 23,750,000
Pasir Gudang IE 12 695 2,315,916,320 367,503,163 2,683,419,483
Pasir Gudang II (Tanjong Pelepas) 4 330 2,888,082 947,031,918 949,920,000
Pasir Gudang Tambahan 6 106 19,707,850 11,015,516 30,723,366
Plentong 3 400 17,786,000 12,274,000 30,060,000
Skudai 3 176 55,269,385 50,151,200 105,420,585
Senai I IE 2 2,891 0 70,701,700 70,701,700
Senai II 7 1,084 42,383,236 55,639,728 98,022,964
Senai III IE 6 653 2,253,758 78,143,102 80,396,860
Simpang Renggam 1 88 5,872,163 0 5,872,163
Sri Gading IE 2 108 47,854,021 563,000 48,417,021
Tampoi 4 690 100,000 38,932,675 39,032,675
Tampoi IE 8 1,490 45,647,300 66,012,227 111,659,527
Tangkak 2 142 3,087,726 0 3,087,726
Tebrau I IE 3 464 6,716,914 1,800,000 8,516,914
Tebrau II Ph I IE 2 469 21,591,540 11,998,574 33,590,114
Ulu Tiram 14 1,029 104,996,170 97,602,821 202,598,991
Yong Peng 1 80 6,060,000 0 6,060,000
Total 157 22,044 3,202,428,403 3,527,609,250 6,730,037,653

APPROVED MANUFACTURING PROJECTS IN JOHOR BY INDUSTRY, JANUARY - OCTOBER 2011

APPROVED MANUFACTURING PROJECTS IN JOHOR BY INDUSTRY, JANUARY - OCTOBER 2011
Industry # Employment Domestic Investment (RM) Foreign Investment (RM) Total Investment (RM)
Basic Metal Products 2 75 5,751,900 26,745,265 32,497,165
Chemicals & Chemical Products 12 591 81,363,767 408,586,766 489,950,533
Electronics & Electrical Products 27 10,387 50,846,508 831,008,953 881,855,461
Fabricated Metal Products 22 1,835 169,945,629 467,890,892 637,836,521
Food Manufacturing 19 2,172 173,334,216 1,323,629,771 1,496,963,987
Furniture & Fixtures 20 2,245 93,467,598 0 93,467,598
Machinery Manufacturing 17 1,478 73,685,625 63,389,446 137,075,071
Non-Metallic Mineral Products 4 471 7,050,321 78,482,280 85,532,601
Others 4 751 27,830,000 59,700,334 87,530,334
Paper, Printing & Publishing 7 247 12,329,076 16,674,536 29,003,612
Plastic Products 8 359 106,126,544 28,907,134 135,033,678
Rubber Products 1 300 55,608,000 4,392,000 60,000,000
Scientific & Measuring Equipment 2 103 0 130,450,000 130,450,000
Textiles & Textile Products 1 263 1,011,450 19,217,550 20,229,000
Transport Equipment 7 463 2,329,425,958 58,555,340 2,387,981,298
Wood & Wood Products 4 304 14,651,811 9,978,983 24,630,794
Total 157 22,044 3,202,428,403 3,527,609,250 6,730,037,653