p4 coo preso creative seminar 16 dec 2010

Presented by :

Iskandar MalaysiaStrong Sustainable Metropolis of International Standing

Hilmi Mohd Nashir, COOIskandar Regional Development Authority (IRDA)16 December 2010

Asia’s Emerging ICT Destination

ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)2

• Iskandar Malaysia

• Iskandar Malaysia, Asia’s NewCreative & ICT Destination

• Access to Opportunity

Outline

ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)

Established: 2007Focus areas: Agriculture, Biotech, Tourism& Logistics

Established: 2008Focus areas: Oil‐based, Aluminum, Steel, Glass,Tourism, Palm Oil, Timber,Livestock, Aquaculture, MarineEngineering

Established: 2008Focus areas: Oil & Gas, TourismPetrochemical, Manufacturing,Education, Agriculture

The 5 Economic Corridors

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Established: 2006Focus areas: Iskandar Malaysia’s 9 Pillars

Established: 2007Focus areas:Agriculture, Manufacturing& Tourism


Iskandar Malaysia

The Jewel of The South


Located In The Heart Of Asia

• 2 to 8 hours flight to 3.8 billion population• Fast‐growing service‐based economies• Daily flights to major cities• Minutes away from Singapore

Source : The Economist Intelligence Unit

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Iskandar Malaysia Encompasses The Entire Johor Bahru District & Part of Pontian


A Strong Sustainable Metropolis of International Standing

Equitable & Fair Distribution Among Stakeholders

Growth and Value Creation

Nation Building

Vision

Five Strategic Pillars

Three Foundations

International Rim

Positioning

Economic Drivers

& CatalystProjects

Infra‐structureEnablers

Institutional Framework

& Regulatory Authority

Socio Economic Equity

Iskandar Malaysia’s Development Strategy

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Choices of Locations (Zone A, B or E)

Eastern Gate Development (Pasir Gudang – Tanjong Langsat)

• 2,217 km2or 550,000 acres• 3 times the size of Singapore• 1.4 million population

Nusajaya

Johor BahruCity Centre

Western Gate Development (Port Tanjung Pelepas)

Senai – Skudai(Kulaijaya)

Singapore

8

Zone

Zone

Zone

ZoneZone


“To develop Iskandar Malaysia into a strong and sustainable metropolis of international standing”

Population 1.4 million 3.0 million

Per capita GDP (USD) 14,790 31,100

GDP (USD) 20 billion 93 billion

Employment 0.610 million 1.428 million

The Iskandar Malaysia VisionEconomic Growth

Year 2005 Projected (2025)

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“Strong, Diversified, Dynamic and Global”

Electrical & Electronics

Petrochemical

&Oleo

chemical

Strong Supporting Institutions (Education, R&D, Government, Private & social institutions, communication & coordination system)

World‐class Professionals and Technical Work Force

The Main Pillars

Logistic & related Services

Tourism

FinancialServices

Excellent Physical, Infrastructure, including ICT

Stable Political, Social Environment

Strong Supporting Industries (Metal Products, Engineering, Non‐metallic, Manufacturing Related Services (MRS))

Iskandar Economy

Support System

Basic Foundation

CreativeIndustries

Food & Agro

Processing

EducationalServices

The well‐established sectors which are manufacturing‐based will be reinforced while giving new emphasis on new sectors which are services‐based

Iskandar Malaysia’s Economic Drivers Investment Opportunities

Health

Services

Four New Service‐Based Pillars’ being addedFive Main ‘Pillars’ to be reinforced

Excellent Working & Living Environment

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ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA) 11

Iskandar Malaysia, Asia’s New Creative & ICT Destination

The Best of Both Worlds


IM’s vision: Asia’s New Creative Destination


ICT & Creative Centres in Iskandar Malaysia

MSC Cyberport JB

Creative Park@Medini

Bandar MSC Cyberport

• 150 acre ICT mixed development withresidential, commercial and ICT space to becompleted 2012

• 1 iconic tower• Enterprise block• Incubator facilities• Residential

MSC Cyberport City – Kulai Jaya

Developed in 3 phases, starting from the the first half of 2011

Offers quality facilities and state‐of‐art infrastructure includingservices apartments, commercial & office space, R&D centre and cyberincubators

Planned for a modern cluster of IT buildings where knowledge andskilled locals & foreign knowledge workers will reside and work

ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)Iskandar Regional Development Authority (IRDA)Iskandar Regional Development Authority (IRDA)

ICT & Creative Centres in Iskandar Malaysia

Creative Park@Medini

• Located adjacent to Medini in an 80 acresite

• Project value RM400 million

• Economic impact to exceed RM1 billionover 8 years

• Will create 3,000 direct jobs and over 5,000indirect jobs when fully operational

• Target to open in early 2013

Pinewood Iskandar Malaysia Studios

• Spearheaded by Medini Central Sdn Bhd

• 286.98 acres

• 33 commercial plots (2.13 acres to 22.02acres)

• Digital infrastructure for internationalagencies, studios & companies intechnologies R&D, animation, broadcast& movies


Access to Opportunity

The Right location for Growth.


Location; next door to an established economyEver‐improving infrastructurePolitical stability & securityEase of doing businessEasy life style & vibrant city

Iskandar Malaysia – Why here?

Malaysia is no 10 in worldcompetitiveness for doingbusiness

Source : IMD World Competitiveness Yearbook 2010


Stable & Attractive Tax System

Malaysia ranked 17th. 5th if 15% income tax forknowledge workers is effective

Forbes Tax Misery Index 2009


Strategic Network

Changi Airport: 58km / 47mins

Senai Airport: 27km / 23mins

Central Business District – Singapore: 39km / 32mins

Central Business District – Johor Bahru: 31km / 25mins

Jurong Port: 19km / 15mins

Port of Tanjung Pelepas: 10km / 7mins

Singapore Customs, Immigration and Quarantine: 13km / 10mins

Malaysia Customs, Immigration and Quarantine: 7km / 5mins

Port of Tanjung Langsat: 55km / 40mins

Johor Port44km / 35mins

KLIA Airport: 320km / 3 hours

Excellent Connectivity


• English as medium of learning• 3,000 students per year• Dedicated, strong work ethics and flexible workforce

Available IT Talent Supply


Incentives Overview

• These are existing taxincentives offered to variousindustries and promotedactivities

• These incentives are enactedin the Promotion ofInvestments Act (PIA) 1986 aswell as through various gazetteorders pursuant to Section 127of Income Tax Act

• Common ones are PioneerStatus, Investment TaxAllowance (ITA), ReinvestmentAllowance (RA) etc

• Investors with strategic andcatalytic projects may apply forcustomised incentives.

• These projects must have highvalue propositions and cangenerate significant economiclinkages to the local economy

• Value propositions include:‐ develop or bring in new ormerging technologies whichwill add value to existingactivities‐ employment of knowledgeworkers including training‐invest significant capitalinvestment‐ other areas which will helpbring the Malaysian economyto a high value economy

• Investments in targeted 6‐services based clusters,approved developers andapproved developmentmanagers

The broad Incentives are:‐1. Corporate tax exemption for

up to 10 years2. Exemption from withholding

tax requirements on specificpayments

3. Can be 100% foreign owned4. Flexibility to employ foreign

knowledge workers5. Approved foreign knowledge

workers can bring in car freefrom duties

General Incentives Customised Incentives ISP for Medini Iskandar Malaysia

Various competitive incentives are offered to investors in Iskandar Malaysia

MIDA, MDEC, Biotechcorp etc Iskandar Investment Committee / Economic Council

Iskandar Investment Committee


World Class Telecommunication Infrastructure

KUKUP

PONTIAN

AYERBALOI KAYU ARA

PASONG

PEKANNENAS

TG. KUPANG

BKT RESAM

TG. PELEPAS

KANGKARPULAI

TMN.UNIVERSITY

TMN.PERLING

TAMPOI

JOHORBAHARU

PELANGI

PANDAN

PERMASJAYA

PASIRGUDANG

GELANGPATAH TG. PETERI

BDR. CAHAYABARU

TIRAM

TMN. DESACEMERLANG

ULU TEBRAU

SENAI

KULAI

TMN.MUHIBBAH

KELAPASAWIT

AYERBEMBAN

BUKITBATU

KOTA TINGGI

BUKITBESAR

FLD TAIBANDAK

SKUDAI

LEGEND:Existing Fiber Network

Planned Fiber Network

Existing Central Office

Planned Central Office


Flagship Zone CTanjung Pelepas

Flagship Zone DPasir Gudang

Flagship Zone AJB City

Backbone – 100 Gbps

Exchange/Node

Metro‐E fibre optic

Flagship Zone ESenai-Kulai-Indahpura

Flagship Zone BNusajaya

High Speed Broadband

Proposed Gigabit Backbone

Capacity up to 100Gbps for industry

Connection Singapore via Causeway

Connection Singapore via 2nd Link

ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA) 23

Easy Life Style & Vibrant

Nature, beach & parks – islands, waterfalls, mangrove

Golf Paradise – 15 international standard golf courses

Rich Culture & Heritage – Zapin, Kuda Kepang, Ghazal

Excellent Food – Best choices of Asian, western andseafood

Education – International schools (e.g SeriOmega, SriAra, Marlborough college), international universities

Healthcare – ColumbiaAsia, Regency, KPJ specialisthospitals

Religion – freedom of worship for all religions

International events – Kite festival, Iskandar JohorOpen

24ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)24

1. Close to high growth areas in Asia (Singapore, Indonesia,China, India – potential gateway to ASEAN)

2. MSC Malaysia & Bill of Guarantees and other incentives

3. World class Infrastructure

• Well connected transportation network

• High speed telecommunication

4. Available talent supply

5. Choices of locations / areas

In Summary

25ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)25

Thank youIRDA HeadquartersIskandar Regional DevelopmentAuthority (IRDA)#G‐01, Block 8Danga Bay, Jalan Skudai80200 Johor Bahru

Tel: +607‐233 3000Fax: +607‐233 3001Email: [email protected] www.iskandarmalaysia.com.my

p4 coo preso creative seminar 16 dec 2010

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