A special economic zone that spans Johor and Singapore will yield substantial benefits especially to Johor, according to Obor.
Obor secretary-general Chiew Kok Peng said the government should also position itself as an attractive alternative to Singapore to woo Chinese telco investors. He was responding to a claim by Johor menteri besar Onn Hafiz Ghazi that Johor has the potential to flourish like China’s Shenzhen if the Johor-Singapore SEZ becomes a reality.
“Ease of movement between Singapore and Johor Bahru is a must if you want this SEZ to be successful. Otherwise, JB and Singapore will have difficulty reaping economic benefits,” he said. “Perhaps if we stop flip-flopping on our policies in response to threats from the opposition to topple the government, then the foreign investors will come,” Sivakumar told FMT Business.
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