IDR is looking For More Foreign Investors

KUALA LUMPUR, June 14 (Bernama) -- The Iskandar Development Region (IDR) in southern Johor is seeking to attract more investors to broaden foreign participation in the project.Tun Musa Hitam, one of the Iskandar Regional Development Authority (IRDA) advisory council members, said IDR was looking for potential investors from the Middle East, China and India."We are looking for possible investors from all over the world. Besides Singapore, we have identified the Middle East, China and India because these are the areas which we feel have got the most to offer," said the former deputy prime minister after the British Malaysian Chamber of Commerce (BMCC) annual general meeting here on Thursday.IRDA is the statutory body responsible for determining the direction, policies and strategies in relation to developments in IDR.