Singapore and Malaysia Plan Joint Special Economic Zone in Johor State

Singapore and Malaysia are creating a special economic zone (SEZ) in Malaysia’s Johor state, aiming to improve business connections and connectivity while combating a global economic slowdown.

Singapore-Malaysia Partnership for Johor State Special Economic Zone

Singapore and Malaysia are collaborating to establish a Special Economic Zone (SEZ) in Malaysia‘s Johor state, bordering Singapore. This joint effort aims to strengthen business ties and enhance connectivity between the two countries amidst a global economic slowdown. Malaysia has set a short timeline for Singapore to agree on the zone’s key parameters.

Background of the SEZ

The SEZ is intended to facilitate the movement of goods and people across the Johor-Singapore Causeway, and to enhance the overall ecosystem of Iskandar Malaysia and Singapore. Iskandar Malaysia, established in 2006, is the main development corridor in…