Rafizi: Johor-Singapore economic zone aims to shift investment focus from Vietnam to Malaysia

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Johor أخبار

Singapore,Economic Plan,Zone

KUALA LUMPUR, July 11 — The Johor-Singapore Special Economic Zone (JS-SEZ) can be a platform to position Malaysia as a competitor to shift the focus of investments to Johor...

PM Anwar defends Speaker's decision to reject Bersatu's bid to vacate seats of six MPs expelled from partyRafizi said JS-SEZ's focus is on sectors that are in line with the government's current policies. — Picture by Shafwan ZaidonKUALA LUMPUR, July 11 — The Johor-Singapore Special Economic Zone can be a platform to position Malaysia as a competitor to shift the focus of investments to Johor and Singapore from Vietnam previously, said Economy Minister Rafizi Ramli.

"The JS-SEZ is not only focused on companies from Singapore but the greater potential is for companies from all over the world to come to Johor 'as they can have the best of both worlds'.“They can have the sophistication of Singapore, yet they can leverage the resource and cost advantages of Johor. Thus, Rafizi said JS-SEZ's focus is on sectors that are in line with the government's current policies that are high-value and technological as outlined through the National Energy Transition Roadmap , the New Industrial Master Plan 2030 , and the 12th Malaysia Plan .The JS-SEZ location will cover the entire area of ​​Iskandar Malaysia including the area under the administration of the Pengerang Municipal Council of ​​3,505 square kilometres.

 

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