Business Intelligence

Driving Multi-sector Growth in Iskandar

Johor Corporation is committed to bringing equal opportunity housing, superior healthcare, and a breadth of commerce to the Iskandar Malaysia economic corridor.


A market leader

Malaysian conglomerate Johor Corporation (JCorp) has developed into a business leader since its inception 46 years ago by harnessing sustainable business growth across several key sectors. This includes specialising in industries such as healthcare, property development, palm oil, food and restaurant services, and oil and gas, among others. In line with its consolidation in the Malaysian market, its competitive operations have also expanded internationally to reach a number of nations including Singapore, Brunei, Cambodia, Indonesia, Bangladesh and Australia. Consequently, JCorp has secured its position as a highly regarded business entity and an expansive multi-industry conglomerate that dominates the Malaysian market. Moreover, as a state investment corporation, the company is firmly committed to the wellbeing of the community. This commitment is reflected in terms of its numerous efficient and effective business entities and diverse range of corporate responsibility endeavours.

 

Commercial development

JCorp has established itself as one of the key players in regard to the growth of the Iskandar Malaysia economic corridor in southern Johor over the last few years. Moreover, the corporation has become a market leader in property development in the economic region, accounting for prime real estate that covers a total area of approximately 1,214 hectares.

Menara Ansar

One of the most recognisable commercial developments undertaken by JCorp in what now forms part of Iskandar Malaysia is the 21-storey Menara Ansar office tower. The building was constructed in 1996 and lies at the heart of Johor Bahru City. It is a smart building equipped with a Building Automation System (BAS) to control a number of practical functionalities, including heating, ventilation and lighting, in order to enhance occupant comfort and building efficiency, while reducing energy consumption and operating costs. Menara Ansar accommodates a number of government and private agencies and incorporates a shopping arcade that houses 16 commercial lots.

The Puteri Pacific Johor Bahru

A further key commercial development that JCorp has undertaken in the economic region is the Puteri Pacific Johor Bahru convention hotel. The upscale hotel is strategically located within the Central Business District and is connected by a sky bridge to the Persada Johor International Convention Centre. The hotel consists of 416 guest rooms overlooking the city and the Straits of Johor, and offers easy access to a variety of landmark attractions in Johor Bahru.

Persada Johor International Convention Centre

The Persada Johor International Convention Centre is the principal venue for meetings, conventions and exhibitions in the State of Johor. It is a strong asset in propelling the market and catering to the demand for such services in the south of Peninsular Malaysia. For example, the facility is suitable for a range of domestic, regional and international gatherings, offering a variety of value-added services. Furthermore, Persada Johor adds a new dimension to Johor’s rapid economic development, showcasing the destination value offered by Malaysia to its visitors. In fact, the centre serves as a barometer of Johor’s thriving business life and reflects the transformation that is taking place in a region that is working towards becoming a member of the mainstream global business community.

 

Residential development

Housing development forms a key part of JCorp’s efforts to cement its status as a market leader in premier residential construction. As a result, its work in this particular field is conducted through JCorp’s integrated property development group, Johor Land (JLand). One of the primary objectives of JLand is to oversee the realisation of the parent company’s goal to build a genuine social and business community in Iskandar Malaysia. To date, this has been fulfilled by the development of residential neighbourhoods in Pasir Gudang and Bandar Tiram and further consolidated by means of the ongoing development of the premier township in Bandar Dato’Onn, in Johor Bahru. JLand’s extensive involvement in Johor’s property development has been the result of the group’s success over the last four decades. As a result, it has become a dominant player within the economic region’s blossoming real estate sector and is firmly positioned to meet the increasing demand for residential property in the coming years.

 

 

As JCorp continues to lead the market in high-end properties, it will maintain its commitment to fulfil the state government’s goal of providing quality affordable homes, as outlined in its 2013 Memorandum of Agreement with the Johor state authorities. Similarly, JLand will continue to assist the state government in building 20,000 units of affordable housing in Iskandar Malaysia and is committed to the construction of 3,638 affordable housing units by 2018.

 

Healthcare development

Part of the mission of JCorp is to contribute to the wellbeing of society as a whole. As such, the group places an emphasis on the expansion and accessibility of first-class healthcare through its specialist healthcare business KPJ Healthcare (KPJ). KPJ is Malaysia’s leading provider of private healthcare services and has stood at the forefront of the healthcare industry since its establishment of the first private specialist hospital in Johor in 1981. To date, KPJ has a chain of 26 hospitals nationwide, and its presence in Johor has expanded to include three specialist hospitals within Iskandar Malaysia, all of which are equipped with state-of-the-art facilities. In addition, KPJ Bandar Dato’ Onn Specialist Hospital and Medical Suite will help drive Johor to become a specialist healthcare and medical tourism powerhouse, not only in Malaysia, but also the wider ASEAN region. The success of these projects and the growth of healthcare in the region in general are further assured due to the state government’s aspiration to transform Johor into a regional medical hub.

KPJ Johor Specialist Hospital

This is one of the most pioneering of all hospitals in the KPJ Healthcare Berhad Group, epitomising a strong and enduring corporate culture. It opened its doors to the public in May 1981 and since then has become renowned as one of the premier private healthcare providers in the country. The hospital is equipped with 243 beds and offers a comprehensive range of medical, surgical and 24-hour emergency services. It has 49 consultants and offers a wide selection of specialist treatment using modern, high-tech equipment. Additionally, 800 persons complement the consultants in the delivery of quality healthcare services. The facility has received a number of recognised accolades since it was established, including its certification as an accredited institution by the international healthcare accreditation body, Joint Commission International in February 2014.

KPJ Puteri Specialist Hospital

This hospital has operated since June 1986 and was taken over by JCorp in March 1993. To date, it is operating with a capacity of 158 beds, including executive, premier and standard wards, as well as 30 resident consultants, 7 sessional consultants and 8 visiting consultants. The facility provides a complete range of services, including internal medicine, general surgery, orthopaedics and trauma surgery, obstetrics and gynaecology, and paediatrics, with niche services in neurology, paediatric surgery and spinal surgery.

KPJ Pasir Gudang Specialist Hospital

This institution is KPJ’s 23rd hospital, strategically located in the heart of the booming industrial area of Pasir Gudang. It is is equipped with 61 licensed beds comprising VIP suites, single rooms, twin-sharing rooms and four-bed rooms. The facility includes a range of the latest technology, onsite medical imaging and pathology services.

 

 

KPJ Bandar Dato’ Onn Specialist Hospital

This is the first proposed healthcare project under development. It will be the new flagship hospital for KPJ and is expected to open in 2017 in Johor’s new township, Bandar Dato’ Onn. The hospital will have a 90-bed capacity and will include 6 well-equipped health centres focusing on heart disease, geriatrics, cancer, and specialised care for women and children. Furthermore, it will provide distinct high-quality services and facilities to attract foreign patients, specifically from neighbouring countries such as Singapore and Indonesia.

Medical Suite

The second proposed healthcare project relates to JCorp’s plans to develop the Medical Suite. This will be a niche facility that incorporates modern and alternative medical services that are exclusively designed to boost the medical tourism industry. It will serve as one of the main components of Coronation Square, a nucleus development within the newly launched 101-hectare Ibrahim International Business District. One of the objectives of JCorp in regard to the Medical Suite is to strengthen its revenue base, as well as that of the overarching KPJ Healthcare Berhad, while simultaneously redefining the state of Johor as a regional hub for the specialist healthcare industry. This proposal is in line with wider state government goals and the federal government’s Entry Point Project 4, which aims to reinvigorate healthcare travel.

 

Industrial development

JCorp has spearheaded a wide range of industrial development initiatives throughout the state of Johor since the 1970s, under its Industrial Development Division. These developments encompass 31 industrial areas spanning a total of 14,331 acres. As of June 2016, the Industrial Development Division of Johor Corporation has generated a total of MYR71.5 billion worth of foreign direct investment and domestic direct investment from 1,791 investors since its inception. Moving forward, two specific industrial developments will be key contributors to the next generation of ongoing investment: the Tanjung Langsat Industrial Complex and the Sedenak Industrial Park.

Tanjung Langsat Industrial Complex

The 1,400-acre Tanjung Langsat industrial Complex (TLIC) is being developed by JCorp subsidiary TPM Technoparks (TTSB) as a complimentary facility to the parent company’s privately owned Tanjung Langsat Port Terminal. Significantly, the federal government has defined TLIC as a regional oil and gas hub due to its strategic location, situated within close proximity to Singapore, and its concentration of oil and gas activities within Pasir Gudang and Tanjung Langsat.

TLIC will be dedicated to light, medium and heavy industries when it is complete, and the complex will house a palm oil industrial cluster. A number of industries have been targeted for operations in the TLIC, including those relating to oil and gas, marine, steel products and fabrication, petrochemical and chemical, as well as palm oil. To date, over 50 local and multinational companies have located their projects at TLIC.

To date, JCorp has attracted over MYR24 billion of investment in TLIC. Furthermore, JCorp is confident that it will attract up to MYR2 billion of additional investment for TLIC in 2017.

Sedenak Industrial Park

In addition to TLIC, JCorp subsidiary TTSB is implementing the 283-hectare Sedenak Industrial Park. This project, which has been earmarked for development as a data centre park, is helping to position Johor as the second most significant data centre hub in Malaysia, after Cyberjaya in the Klang Valley. The Sedenak Industrial Park development is expected to create a positive economic spillover that will help engender job creation and attract local and foreign investment in the area.

 

Progress and potential

JCorp has devised an ambitious and wide-ranging growth plan for Iskandar Malaysia that encompasses property, healthcare and industry development. In turn, the group is highly committed to help bring about equal opportunity housing, superior healthcare, and a breadth of new commerce opportunities to the inhabitants of the economic region. JCorp made solid progress in 2016, and as its varied projects come to fruition over the next few years, the company will continue to consolidate its position as a multi-market leader in Iskandar Malaysia and beyond.

 

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KAMARUZZAMAN ABU KASSIM
President & Chief Executive
kak@jcorp.com.my
JOHOR CORPORATION
Level 11, Menara KOMTAR,
Johor Bahru City Centre,
80000 Johor Bahru, Johor,
Malaysia
+607-2192692
www.jcorp.com.my

 

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