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Singapore, Malaysia to study setting up a special economic zone in Johor - Commercial operators will also study the feasibility of a new ferry service between Tuas in Singapore and Puteri Harbour in Johor. https://lnkd.in/gXkbRM2d Singapore’s National Development Minister Desmond Lee told reporters on Friday (Jul 14) that both Singapore and Malaysia welcome the idea of a special economic zone as it will bring “a lot of benefits” to people in Singapore, Malaysia and the Malaysian state of Johor. “Not just in enhancing the economy and providing a tremendous value proposition that builds on the strengths and attractiveness of both Johor and Singapore,” he said on the sidelines of the 16th meeting of the Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia (JMCIM). “But it will bring tangible benefits in terms of jobs, livelihoods and better lives for both people living in Johor and Singapore.” The JMCIM noted that the special economic zone will help drive sustainable growth, develop human capital, and improve infrastructure and connectivity. It will also build on Johor's strong growth and significant investments in the region by Singapore, said JMCIM in a statement on Friday.

Singapore, Malaysia to study setting up special economic zone in Johor

Singapore, Malaysia to study setting up special economic zone in Johor

channelnewsasia.com

About time! The proximity between SG and JB is definitely an advantage!

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