Johor bahru: Johor’s success in recording the highest gross domestic product (GDP) growth in the country last year strengthens the implementation of the Johor Maju Agenda, which targets GDP growth of between seven and eight percent annually for the state by the year 2030.
According to BERNAMA News Agency, Johor Menteri Besar Datuk Onn Hafiz Ghazi stated that the focus will be on investor-friendly policies, the development of modern infrastructure, and efforts to empower the people’s economy, to make Johor a prosperous, sustainable, and inclusive state. “Johor has emerged as the state with the highest growth rate in 2024 at 6.4 percent, surpassing the national growth rate, with Johor’s GDP now reaching RM158 billion. My highest appreciation goes to all parties who have worked together to make this effort a success,” he said in a Facebook post.
Onn Hafiz highlighted that the achievement was also driven by the growing role of the Johor-Singapore Special Economic Zone (JS-SEZ), which is increasingly prominent as a regional investment hub. Johor’s strategic location, strong infrastructure network, world-class ports, and vast industrial zones provide competitive advantages that boost investor confidence.
The Menteri Besar expressed gratitude to the Regent of Johor, Tunku Mahkota Ismail, for his continuous support, advice, and guidance in ensuring the state’s economic development progresses for the advancement and wellbeing of the people of Johor.
The 2024 GDP by State Report, published by the Department of Statistics Malaysia (DOSM), recorded Johor as the state with the highest growth rate at 6.4 percent, surpassing the national average of 5.1 percent. This growth was driven by rapid advances in the services, construction, and manufacturing sectors, propelled by the development of data centers, digital infrastructure, and a competitive industrial ecosystem.
Johor also remained the main contributor to the country’s agricultural GDP, accounting for 17.3 percent, driven by increased production of palm oil and growth in the food processing and vegetable oil subsectors.