ECONOMY AND BUSINESS
Johor Bahru is one of the fastest-growing cities in Malaysia after Kuala Lumpur. In 2010, the city contributed the second largest GDP in Malaysia, after Kuala Lumpur. It is the main commercial centre for Johor and is located in the Indonesia–Malaysia–Singapore Growth Triangle.
Tertiary-based industry dominates the economy with many international tourists from the regions visiting the city. It is the centre of financial services, commerce and retail, arts and culture, hospitality, urban tourism, plastic manufacturing, electrical and electronics and food processing.
The main shopping districts are located within the city, with a number of large shopping malls located in the suburbs. The city is the location of numerous conferences, congresses and trade fairs, such as the Eastern Regional Organisation for Planning and Housing and the World Islamic Economic Forum. The city is the first in Malaysia to practise a low-carbon economy. The city has a very close economic relationship with Singapore.
Several thousand trucks cross between Johor Bahru and Singapore everyday to deliver goods between the Peninsular and the island state for trading activities. Many residents in Singapore frequently visit the city during the weekends; some of them have also chosen to live in the city. Many of the city’s residents work in Singapore.