Johor-Singapore Special Economic Zone (JS-SEZ)
The Johor-Singapore Special Economic Zone (JS-SEZ) is a collaborative initiative be-tween Malaysia and Singapore, formalized through a Memorandum of Understand-ing (MOU) signed on January 11, 2024 by the Malaysian Minister of Economy (MOE) Mohd Rafizi Ramli, and the Singaporean Minister for Trade and Industry (MTI) Gan Kim Yong.
The JS-SEZ aims to enhance cross-border trade and investment while strength-ening economic connections between Johor and Singapore. A formal agreement to establish the zone is expected by the end of the year.
Initiated in 2023, the JS-SEZ focuses on key sectors such as electronics, financial ser-vices, renewable energy, and healthcare. It seeks to improve the business ecosystems of both Johor’s Iskandar Malaysia region and Singapore, creating opportunities for economic growth and cooperation.
This briefing provides an introduction to the JS-SEZ, outlining its objectives and the potential economic impact and expectations from the local business community.
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