Observers hope the Special Economic Zone (SEZ) will be a safe haven for new investments amid geopolitical uncertainty. How is it shaping up?
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Dear readers,
Singapore and Malaysia have tried working closely together before – think Iskandar Malaysia, or the Sijori Growth Triangle with Indonesia in 1990. Each initiative came with big ambitions, but ultimately fell short of long-term impact. The new Johor-Singapore Special Economic Zone (JS-SEZ) might just be different, businesses and observers say – not because the challenges have disappeared, but because the stakes, context and approach have shifted. With its goal of pairing Singapore's strengths in R&D and services with Johor's land and industrial capacity, the JS-SEZ targets the creation of 20,000 skilled jobs and aims to attract a new wave of investment to both sides of the Causeway. What will it take to make that happen and how is it shaping up so far? CNA TODAY takes a closer look at how this ambitious cross-border project is shaping up in this week's Big Read. Yours faithfully, Yasmine Yahya Deputy Chief Editor, CNA Digital (TODAY, Lifestyle & Luxury) | |
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