Iskandar Investment Berhad
Formerly | South Johor Investment Corporation Berhad |
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Company type | Private Limited Company |
Founded | November 2006 |
Headquarters | Medini Iskandar, Iskandar Malaysia, Johor, Malaysia |
Key people | Dato' Idzham Mohd Hashim, President/CEO |
Website | www |
Iskandar Investment Berhad (Malay: Syarikat Permodalan Iskandar), or IIB, is a corporate entity providing investment capital to the development corridor of Iskandar Malaysia, in South Johor at the tip of the Malay Peninsula. It was formed on 2 November 2006 as South Johor Investment Corporation Berhad. IIB focuses on Iskandar Puteri (previously known as Nusajaya) or Flagship Zone B.[1] A Heads of Agreement was signed to form a new company to drive the development of catalyst projects (previously referred to as a "super developer"). The Iskandar Investment shareholding structure is as follows: Khazanah Nasional (60%), EPF (20%) and Kumpulan Prasarana Rakyat Johor Berhad (KPRJ) (20%), a company wholly owned by the Johor State Government. The definitive agreements were signed on 19 December 2006 and completed in May 2007.
IIB was set up with total assets worth approximately RM3.4bn of land and cash on the outset. It was also set up to own a significant land bank in South Johor through various subsidiaries and joint venture companies. Syed Mohamed Syed Ibrahim was appointed as the President and CEO of Iskandar Investment Berhad.[2]
IIB was slated to lead the implementation of various strategic and catalyst Iskandar Malaysia initiatives, including implementing of some of the major Ninth Malaysia Plan projects within the Iskandar Malaysia development corridor, through various Special Purpose Vehicles and partnerships with the private sector. It does this through investing in selected strategic initiatives in joint ventures or contribution of land either through sale or lease, or through granting of a concession or development rights.
References
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- Kulai
- Johor Bahru
- Pontian
- Kota Tinggi
- Kluang (partial)
- Khazanah Nasional
- Iskandar Regional Development Authority
- Iskandar Investment Berhad
- Johor Corporation
- UEM Group
- Pengerang Municipal Council (MPPenggerang)
- Pontian Municipal Council (MPPn)
- Iskandar Puteri City Council (MBIP)
- Kulai Municipal Council (MPKu)
- Johor Bahru City Council (MBJB)
- Pasir Gudang City Council (MBPG)
- Zone A: Johor Bahru City Centre
- Zone B: Iskandar Puteri
- Zone C: Western Gate Development
- Zone D: Eastern Gate Development
- Zone E: Senai-Skudai
- Johor Bahru
- Bandar Dato' Onn
- Danga Bay
- Johor Jaya
- Desa Jaya
- Ehsan Jaya
- Desa Cemerlang
- Puteri Wangsa
- Pelangi Indah
- Mount Austin
- Larkin
- Plentong
- Tampoi
- Tebrau
- Ulu Tiram
- Permas Jaya
- Iskandar Puteri
- Pasir Gudang
- Bandar Seri Alam
- Masai
- Kota Masai
- Sungai Tiram
- Tanjung Langsat
- Bandar Kulai
- Pekan Nanas
- Iskandar Coastal Bridge
- Iskandar Malaysia Studios
- Johor–Singapore Causeway
- Johor Bahru Old Chinese Temple
- Johor Port
- Johor Premium Outlets
- Johor Technology Park
- Kempas Sentral
- Komtar JBCC
- Kota Iskandar
- Larkin Sentral
- Legoland Malaysia
- Malaysia–Singapore Second Link
- Mall of Medini
- MSC Cyberport
- Permas Jaya Bridge
- Persada Johor International Convention Centre
- Port of Tanjung Pelepas
- Senai International Airport
- Southern Integrated Gateway
- Sungai Johor Bridge
- Sultan Iskandar Mosque
- Tanjung Piai
- Bukit Indah Highway
- Iskandar Coastal Highway
- Iskandar Malaysia Bus Rapid Transit
- Johor Bahru Eastern Dispersal Link Expressway
- Johor Bahru Inner Ring Road
- Johor Bahru–Pasir Gudang Elevated Expressway
- Johor Bahru–Singapore Rapid Transit System
- North–South Expressway southern route
- Pasir Gudang Highway
- Johor Bahru East Coast Highway
- Gemas–Johor Bahru double-tracking and electrification project
- Second Link Expressway
- Senai–Desaru Expressway
- Skudai Highway
- Tebrau Highway
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