Malaysia, Singapore announce Johor special economic zone deal

Free Malaysia Today

The neighbours are aiming to attract high-value investments in sectors ranging from manufacturing and logistics to tourism and energy transition.  Read More:  https://www.freemalaysiatoday.com/category/nation/2025/01/07/malaysia-singapore-announce-johor-special-economic-zone-deal/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #Johor #Singapore #JSSEZ

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00:00Malaysia and Singapore announced an agreement on a special economic zone in Johor on Tuesday,

00:06aiming to boost investment and ease the movement of goods and people between the countries,

00:10Reuters reported. The two nations initially agreed in principle to develop the SEZ a year ago.

00:16Tuesday's agreement was announced during Singapore Prime Minister Lawrence Wong's visit to Malaysia.

00:22Prime Minister Anwar Ibrahim described the SEZ as a unique initiative

00:26as it is rare for two countries to collaborate on a single project.

00:30The two countries will focus on attracting high-value investments in manufacturing,

00:35logistics, tourism and energy transition, Economy Minister Rafizieh Ramli told reporters.

00:41They are targeting 50 projects within the economic zone in the first five years of its inception

00:46and the creation of 20,000 skilled jobs. Rafizieh added that Malaysia will establish

00:51an infrastructure fund to support companies in the SEZ,

00:54while Singapore will create a fund to assist its firms operating in Johor.

01:00Dhanushwaja Reza, FNP News.

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