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Johor-Singapore Special Economic Zone (JS-SEZ) update.

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Johor-Singapore Special Economic Zone (JS-SEZ) update.

What is the latest happening with regards to JS-SEZ? Is it still going strongly? Okay, let’s be direct. There are certainly no ground breaking for any JS-SEZ based new manufacturing plants yet. There are also no job creations due to JS-SEZ yet.

The reason is because it has not yet started officially lah. However, there was a signing ceremony recently Malaysia’s Minister of Economy, Rafizi Ramli and Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong. As per reported, the agreement is not final yet and is expected to be made official by the third quarter of 2025. Here are more details:

Article in nst.com.my The Malaysian and Singapore governments have committed to attracting 100 projects in 10 years to the economic zone, with the intent of creating 20,000 skilled job opportunities in the JS-SEZ.

Malaysia and Singapore will promote and facilitate investments in 11 economic sectors from third countries and Singapore companies expanding into the JS-SEZ.

JS-SEZ will be made up of Johor Bahru City Centre, Iskandar Puteri, Tanjung Pelepas-Tanjung Bin, Pasir Gudang, Senai-Skudai and Sedenak, Forest City, Pengerang Integrated Petroleum Complex and Desaru.

JB City Centre will be pushed as a zone for business services, digital economy and health.

Iskandar Puteri will focus on manufacturing, business services, digital economy, education, health and tourism.

Tg Pelepas-Tg Bin  and Pasir Gudang and PIPC will be the zones for manufacturing, energy and logistics.

Senai-Skudai for manufacturing, digital economy, education, logistics and tourism.

Forest City will focus on financial services as it serves as a special financial zone.

Do read for even more details here: Article in nst.com.my

Will Johor Bahru be growing? Not the most accurate question. Will Singapore be growing is a better question

Imagine this. Singapore goes to pitch itself as the best place to invest here in South East Asia. They have the pool of talents (including those from JB and Malaysia). They have the best infrastructure to support any business. (Plus JB is 10 minutes away when RTS starts). They have good homes for the expats in Singapore. (Plus they could house the expats at bigger homes in JB). They have the BEST food choices. (JB has even more authentic ones in RM).

I could go on but hey… if Singapore intends to really attract even more investments for its growth, which I know it would keep growing, then JB as their partner cannot be ignored lah. Plus… if I am an expat in Singapore, I cannot keep going to the malls, malls and malls and then Sentosa, Sentosa, Sentosa every week lah. I need a place to go for the weekends occasionally.

Again, JB comes into mind as a gateway into diversity, culture and great destination; all the rest of Malaysia. Just drive and the North-South Expressway will get you until Perlis…

So, the right question is, will Singapore continue to grow. If the answer is Yes, then that’s the same answer for Johor Bahru too. Now, there’s an even bigger incentive for Singaporean companies and individuals to think of Johor. There’s the Johor – Singapore Special Economic Zone (JS-SEZ).

Happy deciding. Lots of investment potential, definitely. I have no properties in Johor thus far. Will definitely be visiting JB again in the near future. Happy investing and please do share your thoughts. Thank you!
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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

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