IIB focuses on Iskandar Puteri (previously known as Nusajaya) or Flagship Zone B.
The Iskandar Investment shareholding structure is as follows: Khazanah Nasional (60%), EPF (20%) and Kumpulan Prasarana Rakyat Johor Berhad (KPRJ) (20%), a company wholly owned by the Johor State Government.
IIB was set up with total assets worth approximately RM3.4bn of land and cash on the outset.
It was also set up to own a significant land bank in South Johor through various subsidiaries and joint venture companies.
It does this through investing in selected strategic initiatives in joint ventures or contribution of land either through sale or lease, or through granting of a concession or development rights.