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| Mark Mobius |
SINGAPORE: Iskandar Malaysia is becoming a major success story for Malaysia, said Mark Mobius, executive chairman of Templeton Emerging Markets Group, Franklin Templeton.
“It is a good example of diligent planning and foresight on the part of the Government. The area has now reached the take-off' point where developments would become self-generating and create a virtuous circle,” he told Bernama.
Singapore is the largest investor in Iskandar Malaysia.
Mobius, who was sharing his views on the election process, said the risks were minimal and as long as the close cooperation between Singapore and Malaysia continued, it would be a win-win situation for both countries.
Under the administration of Datuk Seri Najib Tun Razak, bilateral ties between Malaysia and Singapore were now at an excellent stage.
This was proven during the Singapore-Malaysia Leaders' Retreat in February, where both Najib and Singapore Prime Minister Lee Hsien Loong reaffirmed their commitment to a stronger and mutually beneficial partnership.
