Investors have pledged over RM9bil in projects in the first two months of this year that is expected to create some 20,000 jobs in the ECER, the East Coast Economic Corridor that comprises Johor, Pahang, Terengganu and Kelantan.

There is a potential for more expatriates to buy properties in Iskandar Malaysia following Singapore's announcement of a 10 per cent Additional Buyer's Stamp Duty (ABSD) late last year for certain categories of residential property purchases in the republic.

The Coastal Highway linking Johor Baharu and Nusajaya will be opened to motorists in early April, Iskandar Regional Development Authority (IRDA) chief executive, Ismail Ibrahim said today.