Berjaya still eyeing KL-S'pore HSR, awaiting Putrajaya's decision, says Vincent Tan
The rail line project was earlier estimated to cost as much as RM100 billion as a government-funded project.
The rail line project was earlier estimated to cost as much as RM100 billion as a government-funded project.
Liew Chin Tong said the Malaysian government will take a cautious, evaluative stance to better understand how these proposed restrictions might influence future developments and partnerships.
Gamuda is on track to reach the RM40 billion to RM45 billion target by the end of 2025, the research house noted.
Once the notice to proceed is issued, Gamuda will have six years to complete the contract.
It was previously reported that TNB expects to see electricity demand from data centres reach 5,000MW by 2035, accounting for 15-20% of total electricity demand in the country then.
IIB president and chief executive officer Datuk Idzham Mohd Hashim said strategic investments, infrastructure enhancement, and sustainability are at the core of this initiative.
BMI said Johor’s stable infrastructure and government incentives make it an attractive destination for institutional investors seeking reliable and high-growth opportunities.
To support the JS-SEZ, the government has announced incentives, including a special corporate tax rate, to lure investors to set up shop in the zone that stretches from Kulai and part of Pontian to Pengerang.
Companies making new investments in qualifying manufacturing and services — such as in artificial intelligence and quantum computing supply chain, medical devices, aerospace manufacturing and global services hub — will enjoy a special tax rate of 5% for up to 15 years.
Both nations emphasised their commitment to fostering a stronger bilateral partnership based on mutual respect and a constructive approach to resolving issues, ensuring win-win outcomes without overshadowing the broader relationship.