:: Yat Cheong & Co - Chartered Accountants

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From the Desk of Your Business Advisor

"South Johor Economic Region (SJER)"

I cannot help but take notice of this grand master plan which is about to unfold, "The South Johor Economic Region" (SJER) or "The Iskandar Development Region" (IDR) at the southern tip of the Malay Peninsula, a mammoth project to tap into the Singaporean Economic Powerhouse The Whole Region, of about 2,200 sq.km be designated "Free Access Zone".

The whole project when complete over two decades, by 2025 is worth about USD 109 Billion, and generating jobs estimated at 800,000.

Perhaps, we businessmen in the state of Perak; should consider the prospect of participating in the six main industries planned for this IDR namely Creative Industries, Education, Logistics, Tourism, Financial Advisory and Health Care industries, as these six main industries will be given incentives and tax breaks by the Government.

Sonny Wan
CA (M), CPA (Aust), CFP, FTII
Chartered Accountants (Malaysia)
July 2007

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	Messrs Yat Cheong & Co Jean	J.J. Hwa Corporation Sdn. Bhd. Michael	D.R. Resources Sdn. Bhd. Zainah

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