In his keynote address, Gan notes that the JS-SEZ has made “good headway” following the designation of nine flagship zones in January and the establishment of the joint JS-SEZ project office in April. The joint JS-SEZ project office is made up of Singapore’s Ministry of Trade and Industry, the Economic Development Board (EDB) and Enterprise Singapore. It will complement Malaysia’s Invest Malaysia Facilitation Centre, which was established in February. “This partnership is already taking shape on the ground,” says Gan.
In a week when worries over US-China trade tensions once again foist themselves on investors, the efforts by various parties to build or deepen ties far and wide have discernibly stepped up in tempo.
The much-touted Johor-Singapore special economic zone (JS-SEZ), jointly pushed by governments on both sides of the Causeway, has another report card to show. According to Singapore’s Deputy Prime Minister Gan Kim Yong, Singapore-based companies have committed over $5.5 billion worth of investments into Johor. Gan, who is also minister for trade and industry, was speaking at the second JS-SEZ joint investment forum on Oct 14.
