Established in 2007 under Iskandar Regional Development Authority Act 2007 [Act 664] to establish national policies, direction and strategies in relation to development within the Iskandar Development Region and other functions, to co-ordinate the performance of the activities carried out by Government Entities in the Iskandar Development Region, to conduct inquiries, carry out surveys, collate, analyse and publish information, statistics and factors influencing or relevant to development, business or investment and to disseminate such information, statistics and factors to investors or potential investors, whether local or foreign, in the Iskandar Development Region and to the relevant Government Entities, to recommend to the relevant Government Entities incentives in relation to taxes, customs and excise duties and other fiscal incentives applicable to investors in the Iskandar Development Region