JS-SEZ Agreement Expected to Boost Malaysian Market

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JS-SEZ Agreement Expected to Boost Malaysian Market
JS-SEZ,Malaysia,Singapore

Maybank Investment Bank (Maybank IB) anticipates a positive market reaction to the finalization of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement, confirming the government's commitment to continuous initiatives. Analysts believe this is a significant achievement following the successful implementation of the National Electricity Transmission Plan (NETR) launched in 2023. The real estate sector is expected to be the most direct beneficiary of the JS-SEZ, although Maybank IB notes that most positive price impacts have already been factored in. Proponents of JS-SEZ include Eco World Development Group Bhd., ITMAX System Bhd., YTL Power International Bhd., Dialog Group Bhd., Al-Salam Real Estate Investment Trust (Al-Salam REIT) and AME Elite Consortium Bhd.

PETALING JAYA: Maybank Investment Bank menjangkakan pasaran akan bertindak balas secara positif apabila pemeteraian Zon Ekonomi Khas Johor-Singapura mengesahkan pelaksanaan inisiatif kerajaan yang berterusan.

“Proksi JS-SEZ termasuk Eco World Development Group Bhd., ITMAX System Bhd., YTL Power International Bhd., Dialog Group Bhd., Al-Salam Real Estate Investment Trust dan AME Elite Consortium Bhd. Menurutnya, ia juga menandakan kepimpinan dan komitmen kedua-dua negara yang membentuk tonggak asas JS-SEZ.

Beliau berkata, JS-SEZ telah dirasmikan melalui memorandum persefahaman pada Januari 2024 dan kini telah dimuktamadkan dalam perjanjian yang ditandatangani antara Malaysia dan Singapura.

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