BFM Podcast

How The Johor-Singapore Special Economic Zone (SEZ) Can Be A Gamechanger

Tan KW
Publish date: Fri, 12 Jan 2024, 11:59 AM
How The Johor-Singapore Special Economic Zone (SEZ) Can Be A Gamechanger

12-Jan-24 07:30

Tan Sri Dr Sulaiman Mahbob, Chairman, Malaysian Investment Development Authority (MIDA)

Malaysia and Singapore on Thursday signed an MOU on a new Johor-Singapore Special Economic Zone to enhance economic cooperation, while also boosting the cross-border flow of goods and people as well as developing a framework that will lead to a full-fledged agreement. We speak with Tan Sri Dr Sulaiman Mahbob, Chairman of the Malaysian Investment Development Authority (MIDA) on Malaysia's trade initiatives and how we need to compete against rising ASEAN neighbours.

Image credit: Shutterstock.com

Discussions
1 person likes this. Showing 3 of 3 comments

edcheong

Singapore is a city nation. It is a destiny planned. JB is a border town of Malaysia that depends on state resources and limited in that. You can't have "talent creation" if the federal government does not get involved in managing the social development of the state economy and also fiscal incentives for workers to remain in JB instead of moving across the border. Asking Johor to "rise up" is rhetoric. What is needed is for the federal government to make itself a major stakeholder in raising the GDP of Johor and implementing real fiscal incentives to RETAIN talent (and not "create') what is from the country. Stop the brain drain, in short. And get the most able to lead MIDA and other stakeholder agencies to make the impossible happen.

2024-01-12 13:18

ks55

Malaysia akan bangun dari tidur. Kerajaan bangkitkan masalah-masalah dan mencari penyelesaian. Dalam 10 tahun lagi, TRX akan beropeasi penuh, RTS akan beroperasi penuh, Data Centres jadi nadi pembangunan di JB, Bandar Malaysia dan HSR akan hidup semula. Ini lah harapan kami semua........

2024-01-12 13:34

stockraider

if special zone is successful....that will a contribution of Rm 70b to msia economy loh!

Mesti buat betul betul with spore partner mah!

2024-01-14 19:29

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