The Johor menteri besar said he is hopeful the JS-SEZ will open up more business opportunities and enhance economic relations between Malaysia and Singapore. “This is a strategi

Malaysia and Singapore announced on Tuesday an agreement on a special economic zone in the southern Malaysian state of Johor, aiming to support investment and free up movement of goods and people between the countries.

The Singapore government will fund Singaporean companies expanding into the JS-SEZ, while Malaysia’s fund will target infrastructure build in Johor.

The JS-SEZ has a higher chance of success than past projects such as Iskandar Malaysia – launched in 2006 and conceptualised as a southern economic growth corridor – given the involvement of the Singapore Government, which brings to the table better governance, he noted.

Malaysia and Singapore have agreed to create a special economic zone in Johor. The initiative aims to foster investment and ease the movement of goods and people. The project promises high-value investments,

SEZ, first mooted in July 2023, is pitched as a means to transform Singapore and Johor into a greater economic area and to promote cross border trade.

Malaysia and Singapore leaders have signed an agreement to create a special economic zone to attract global investment and ease the cross-border flow of goods and people

The leaders of Malaysia and Singapore formalized an agreement establishing a special economic zone linking their two nations’ border region, with the aim of attracting 50 projects in the first five years of its establishment.