Findings of the survey were released at a Johor-Singapore Special Economic Zone (JS-SEZ) Joint Investor Forum and is based on engagements with 160 Singaporean businesses across various industries.
Findings of the survey were released at a Johor-Singapore Special Economic Zone Joint Investor Forum and is based on engagements with 160 Singaporean businesses across various industries.
Malaysia’s Economy Minister Rafizi Ramli - who is heading SEZ negotiations for his country - said at an event in Kuala Lumpur on Wednesday that the, with officials from both sides “burning the midnight oil” to iron out the finer details ahead of the Malaysia-Singapore Leaders’ Retreat that month. To overcome this, the SBWG suggested that authorities from both sides create a “unique labour ecosystem” that leverages the strengths of the two economies - Singapore’s research and development and management capabilities with Johor’s technical skills for execution and operations supporting various industries.
Over 300,000 travelers, including cargo and goods, cross the Johor-Singapore Causeway daily resulting in congestion during peak hours. Additionally, the report emphasised renewed interests within Malaysia to develop the Singapore-Kuala Lumpur High Speed Rail project and to enhance last-mile connectivity within the SEZ.
The survey also outlined that the current investment facilitation landscape between Singapore and Johor was fragmented and complex, with businesses reporting obstacles in obtaining necessary permits and licences.
Singapore Business Federation Malaysia Johor Investment
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