However, Teng says he is “mindful” that there are “three-and-a-half governments” running the JS-SEZ. “The first government is Singapore. The second government is the Malaysian federal government and the Johor state government is the third.”
The Straits Trading Company (STC), like its property-focused peers, is “interested” in opportunities in Johor, says Eric Teng, group chief operating officer.
This is especially true after Singapore and Malaysia jointly launched the Johor-Singapore Special Economic Zone (JS-SEZ) in January.
