History
JSEDC commenced its operations in August 1970 with the appointment of Othman bin Mohd Saat, the then Chief Minister of Johor, as its Chairman and Basir Bin Ismail as its Chief Executive. Its first office was located at Level 2, Sultan Ibrahim Building, Johor Bahru, with two staff. The corporation's current office is at Kotaraya Complex. JSEDC changed its name to Johor Corporation at the end of 1995.
As a public enterprise entity, JCorp has played a major role to foster economic growth in the state, particularly in several high potential economic sectors including agro-business, industrial development, property and others. It was also responsible for the creation of Pasir Gudang, an industrial township in south east Johor. Since July 1, 1977, JCorp has been appointed as the local authority of Pasir Gudang, the first local authority in Malaysia to be privatised, under a five-yearly arrangement.
Read more about this topic: Johor Corporation
Famous quotes containing the word history:
“The history of this country was made largely by people who wanted to be left alone. Those who could not thrive when left to themselves never felt at ease in America.”
—Eric Hoffer (1902–1983)
“This is the greatest week in the history of the world since the Creation, because as a result of what happened in this week, the world is bigger, infinitely.”
—Richard M. Nixon (1913–1995)
“The history of American politics is littered with bodies of people who took so pure a position that they had no clout at all.”
—Ben C. Bradlee (b. 1921)