Malaysia and Singapore, as a unified investment destination under the upcoming Johor-Singapore Special Economic Zone , offer a stable, resilient, and integrated regional base for businesses amidst heightened geopolitical tensions.
“While Singapore excels as a global financial hub with world-class infrastructure, Malaysia provides the space, resources, and cost efficiencies necessary for large-scale operations and production,” he said at the Malaysia Breakout Session of the ASEAN Conference 2024, here on Thursday. In addition, the government is committed to create a business-friendly environment by offering competitive tax incentives, ease of doing business, and modern infrastructure, making it easier for companies to set up operations compared with other regional hubs.