Sivasuriyamoorthy Sundara Raja, the deputy CEO of investment promotion and facilitation at the Malaysian Investment Development Authority (Mida), echoed this sentiment, emphasizing the significant role of such investments in fostering economic growth and creating job opportunities.
Datuk Onn Hafiz Ghazi, the Menteri Besar of Johor, expressed his delight at Ray Tech’s decision to establish its presence in the state, emphasizing the significant opportunities it brings for job creation and economic growth. He noted, “Companies like Ray Tech (Malaysia) Sdn Bhd not only bring substantial investment value but also high-quality job opportunities, which align with the state government’s vision for the proposed Special Economic Zones.”
Meanwhile, the opening of Ray Tech’s facility coincides with Johor’s aspirations for economic development, with Menteri Besar Datuk Onn Hafiz Ghazi drawing inspiration from the success of Shenzhen, China.
Highlighting Johor’s strategic location and plans for economic growth, Datuk Onn Hafiz outlined initiatives such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Special Financial Zone (SFZ), aimed at leveraging the state’s proximity to neighboring Singapore.
Lee Ting Han, the Johor Investment, Trade, and Consumer Affairs Committee chairman, emphasized the state government’s commitment to fostering investment growth, with a focus on sectors that drive sustainable development.
The launch of Ray Tech’s facility not only signifies a leap forward in technological innovation but also heralds a new era of economic prosperity for Johor, positioning the state as a hub for high-tech industries and innovation-driven investments.