Johor needs to tap new economic sectors to attract investments, says exco member

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ISKANDAR PUTERI: Johor needs to diversify its economic activities by exploring and tapping new economic sectors, says a state exco member.

said it was becoming more challenging to attract new investments into the state.

Puah added the situation was further fuelled with the ongoing trade war between China and the United States, and now between Japan and South Korea. He said while Johor has cemented its position as the leading manufacturing hub in the country, the state should not be too dependent on the manufacturing sector.

He said the setting up of the JCEB is to tap the potential in the meetings, incentives, conventions and exhibitions segment.

 

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