Propelling Johor Bahru’s identity as a world-class business district
JCorp had recently organised a talk about Ibrahim international Business District (IIBD) gazettement at Menara JLand with the presence of Dato’ Ramlee bin A. Rahman, Deputy State Secretary of Johor, Dato’ Kamaruzzaman bin Abu Kassim, President and CEO of JCorp, Ihsan Zainal Mokhtar, President of Malaysian Institute of Planners, Dr. Matt Benson, Programme Director, Urban Knowledge and Technical Services, Think City Sdn Bhd and Ir. Hajah Nazatul Shima binti Mohamad, Deputy Secretary, Majlis Bandaraya Johor Bahru.
IIBD is located within the Southern Johor Economic Region and central district of Johor Bahru, covering around 101 hectares of land and is set to become a world-class business district in the Southern Gateway into Malaysia. Since its launch of the IIBD Blueprint in mid-2016, JCorp has been working hand in hand with the State and Federal Government to get various stakeholders involved in creating and projecting the business district of Johor Bahru globally with its citizens.
IIBD’s economic development framework – the Spirit of Enterprise proposition and the H.O.M.E (Heritage, Opportunity, Mobility and Eco-sustainability) lenses will drive IIBD’s development strategies to focus on more targeted high-quality economic growth. Developments and projects within the blueprint are put on strategy as solutions to current issues and challenges that come from the Central Business District (CBD) while also ensuring heritage to be preserved for the coming generations.
Through the State government, JCorp has applied for special tax incentives from the Federal Government and Iskandar Regional Development Authority (IRDA) is committed to unveil financial and tax incentives for IIBD as key node in Flagship A in Iskandar Malaysia.
The IIBD Blueprint was successfully gazetted on 18th January 2018 that reinforces implementation of strategic land use for planning and corporate governance within IIBD. Gazetted IIBD includes 51% for commercial purposes, 24% for public placemaking, 14% institutional and 9% for living spaces.
