Isk skandar andar Malaysia sia – Dri riving ng Grow owth th Holistica tically Presentation by YBhg Prof Datuk Ismail Ibrahim Chief Executive, Iskandar Regional Development Authority Marketp tplac lace Series: es: Building ding Cities, s, Enric iching hing Communiti munities es 2 May 2017
Iskandar Malaysia – • Holistic tic growt wth h – th the e bi big pi pictu ture re Driving Growth Holistically • Dr Driv iving ing Isk skan andar dar Mala laysi sia a forwar ard • Concl nclusion usion
Iskandar Malaysia – • Holistic tic growt wth h – th the e bi big pi pictu ture re Driving Growth Holistically • Drivi iving ng Isk skand andar ar Ma Malay aysia sia forwar ard • Concl clus usion ion
The big picture Regional National Human Development Development Development Iskandar Malaysia Holistic Eco-system
A big shift in developing happened in 2015 a shift from “kinky” development to national development
How do we use productive knowledge? personbytes personbytes personbytes personbytes personbytes
FACTOID (From Klenow and Hsieh, 2011) • In the US the average employee works in an organization with 100 workers • India has 4 times the population of the US • 100 x 4 = 400? • In India, the number is 4 • How many personbytes can you embed in a product in a firm of 4 people? • What does it say about the productivity for micro-enterprises and the informal sector?
What caused the Great Acceleration? • More letters (technologies) • More words (products)
What caused the Great Divergence? • The alphabet and the words got longer • Countries with few letters could not catch up What is causing the Great Convergence? • Globalization of the value chain is making it easier for any location to get into the game • Trade in syllables • But not for all countries • Many are still trapped
Two Different Questions Investment promotion agencies 2.0 • Version 1.0 was typically passive • Some adds • Handholding • Regulating foreign investment • One stop shop • Version 2.0 involves • Conversations that reveal the space of possibilities Eco System • Direct marketing • Problem solving of missing public inputs • Creation of solutions • Irish IDA • Industrial and business space • Missing skills
Iskandar Malaysia – • Holistic ic growt owth h – the big pictur cture Driving Growth Holistically • Dr Driv iving ing Isk skan andar dar Mala laysi sia a forwar ard • Concl clus usion ion
Iskandar Malaysia is one of the top progressive economic regions in the country Iskandar Malaysia rose to be among the top progressive economic regions in the country, with relatively high GDP per capita and committed investments. ISKANDAR MALAYSIA GDP Per Capita (at 2005 prices) by ISKANDAR MALAYSIA AT A GLANCE, 2012 region, Area 2,300 sq km (12% of Investment Achieved NORTHERN Johor State) RM106.3 billion CORRIDOR ECONOMIC Population Growth Rate REGION EASTERN (RM18,036) 1.74 million 6.0% (2010-2012) CORRIDOR ECONOMIC REGION Ethnicity GDP 2012 (at a 2005 (RM16,536) Malay 48.2% constant price) Chinese 35.8% RM47,010 million GREATER Indians 9.4% KUALA Others 6.6% GDP Per Capita (at 2005 LUMPUR prices) (RM33,168) Workforce 2010 RM27,025 0.75 million Johor Bahru Unemployment rate 2010 Singapore (RM27,025) 3% Source: Department of Statistics, Malaysia, 2011 Total Employment 2010 UPEN Johor 2010/2011 0.73 million
Iskandar Malaysia is bestowed with strategic location and easy accessibility by land, air and sea. Assets of Iskandar Malaysia ASEAN Economic Corridor International & Regional Linkages • Located along the busiest sea trade routes AEC features a single market – allows free • + Iskandar Malaysia has the advantages to develop • 2 world major port basins - Pearl River Delta & Straits of movements of business persons, skilled international linkages due to proximity & Malacca labour, talents and free flow of capital that traditionally strong economic linkages with Singapore • 6 to 8 hours air travelling time from Iskandar Malaysia to will ensure ASEAN as a competitive region that that help to boost international competitiveness and attaining 3 world major economies – China, India & Japan embrace equitable development. international standing ecosystem. • Batam-Bintan-Karimun as Singapore’s extended economic zone 12 PRIORITY SECTORS FOR AEC REGIONAL INTEGRATION Electronics Textiles & Clothing E-ASEAN Agro-based Products Healthcare Fisheries Wood-based Products Air Travel Automotive Tourism Rubber-based Products Logistics
1 1 11 5 Growth Eco- Vision Big Strategic system and Circle of Moves Thrusts Sustainability 45 16 WEALTH GENERATION Key Directions Key Projects WEALTH SHARING & 113 INCLUSIVENESS Initiatives RESOURCE OPTIMISATION & LOW CARBON 324 Programmes A Snapshot of CDPii
Iskandar Malaysia Holistic Eco-system A resilient ecosystem, anchored by wealth generators, creating regional wealth that is to be shared equally among communities. Wealth generation and wealth sharing, balanced by optimal use of ecological assets, would enhance the Quality of Life in Iskandar Malaysia, turning it into a leading global region. Alongside this, spatial management and good governance would enable the realization of its vision and goals by 2025. ISKANDAR MALAYSIA ECOSYSTEM
Five(5) Big Moves to lead Iskandar Malaysia towards becoming a Sustainable Metropolis of International Standing Big Move 3 Big Move 5 Big Move 1 Big Move 2 Big Move 4 Destination Iskandar Iskandar Malaysia Inclusive Iskandar Greening Port Iskandar Malaysia Malaysia Urban Observatory Malaysia Iskandar Malaysia Inclusive Low Carbon Destination Port Of One Iskandar Iskandar Iskandar Iskandar Iskandar Malaysia Malaysia Malaysia Malaysia Mainstream wealth Leveraging on assets Positioning Iskandar A ‘single window’ that Transforming Iskandar sharing through spatial and resources of Malaysia as a world shall seamlessly link Malaysia into a green development to Iskandar Malaysia to class dynamic logistics people to information and low carbon region achieve a resilient and create a fulfilling and maritime hub in data and resources through urbanscape inclusive society in visiting experience that ASEAN and Asia Pacific that shall enhance and protection of Iskandar Malaysia will further enhance service transparency and ecology the local tourism position Iskandar industry Malaysia as a competitive global region
Iskandar Malaysia – • Holistic ic growt owth h – the big pictur cture Driving Growth Holistically • Drivi iving ng Iskandar andar Malay aysia ia forwar ard • Concl nclusion usion
Need to constantly remain futuristic Now I.M.U.O CDPii Urban Observatory 3 mil market access to ASIA 4 bil people population by 2025 Blueprints
Th Thank nk You for Your r At Attent ention ion I S K A N D A R M A L A Y S I A www.iskandarmalaysia.com.my
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