Malaysia and Singapore launch a special economic zone to boost investment and create jobs.

Malaysia and Singapore have signed an agreement to create a special economic zone, the Johor-Singapore Special Economic Zone (JS-SEZ), aimed at boosting investment and facilitating the movement of goods and people between the two countries. The zone targets 50 projects and the creation of 20,000 skilled jobs within five years. Both countries will set up infrastructure funds to support companies in the zone and have invited private sector proposals for a high-speed rail project. This initiative aims to enhance economic competitiveness and attract global investments, with a focus on sectors like manufacturing, tourism, and energy.

3 months ago
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