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Press Releases

6 November 2006


Khazanah Nasional Berhad (“Khazanah”) would like to deny a Bernama report on the launch of the Iskandar Development Region (“IDR”) dated 5 November 2006, and subsequently carried by The Sunday Star under the headline “Chua see massive spin-offs ” which had stated that “ Khazanah Nasional’s Senior Vice President in the Managing Director’s Office Ahmad Shahizam Mohd Shariff called on Johoreans to stop being narrow minded when dealing with Singapore whose Changi Airport and sea ports would eventually be the major gateways for the movement of goods and passengers from the SJER”

We would like to affirm that no such statement was ever made and that Bernama and The Star have also retracted the story and corrected the error. (An extract of the relevant part of the transcript of the briefing is appended here).

Khazanah would like to reaffirm that we remain fully committed in working together with the Johor State Government, the Federal Government and the people of Johor in translating the Comprehensive Development Plan for IDR into a reality.

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