JS-SEZ Master Plan Launch Strategically Coordinated To Strengthen Investors' Confidence

KUALA LUMPUR, July 4 (Bernama) -- The launch of the Johor-Singapore Special Economic Zone (JS-SEZ) Master Plan needs to be strategically coordinated to ensure policy alignment and a smooth implementation, while reinforcing investor confidence.

The Ministry of Economy said Prime Minister Datuk Seri Anwar Ibrahim's decision to align the launch of the master plan with the Malaysia-Singapore Leaders' Retreat in the fourth quarter of this year reflects the government's strategy to secure bilateral commitment at the highest level, while enhancing global publicity.

Meanwhile, Economy Minister Akmal Nasrullah Mohd Nasir said JS-SEZ’s progress should be assessed based on tangible outcomes and economic impact.

"Current investment data shows that the confidence of both domestic and international investors in Johor remains strong and consistent," he said in a statement today.

The ministry said it will continue to strengthen cooperation with the Johor state government and implementing agencies to ensure the orderly implementation of the JS-SEZ.

It added that the initiative is also intended to serve as a competitive, inclusive and sustainable model for economic cooperation, boosting investment opportunities, generating high-value income, and delivering benefits to the people.

-- BERNAMA