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A new economic zone in Asean emerges as the latest geopolitical supply chain hedge

Nicole Lim
Nicole Lim • 15 min read
A new economic zone in Asean emerges as the latest geopolitical supply chain hedge
I don’t want to dwell too much about the past, but the JS-SEZ marks the beginning where our [total] sum together is definitely a lot more than our individual sum, says Rafizi Ramli, minister of economy Malaysia. Photo: Patrick Goh/The Edge Malaysia
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The Johor-Singapore Special Economic Zone brings to mind the unsuccessful Iskandar Economic Zone and Forest City. Still, Malaysia’s Minister of Economy Rafizi Ramli says things will be different this time 

A year into Donald Trump’s first presidency in 2018, Aztech Global (SGX:8AZ) , the Singaporean manufacturing and engineering services company, started looking across the causeway into the state of Johor as a viable location for expansion.

Trade relations between the US and China had just imploded under Trump. The US placed 25% duties on around US$34 billion worth of imports from China, including cars, hard disks and aircraft parts.

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