Politicians from Malaysia have frequently cited that the JS-SEZ is a “binding” agreement as a key reason for the project’s potential success when questioned about past failures with the Iskandar Economic Zone and the Indonesia–Malaysia–Singapore Growth Triangle.
A new economic zone four times the size of Singapore has been formed between Singapore and Malaysia’s Johor state, marking a new era of bilateral relations between the two nations, which have seen their share of ups and downs in the past six decades.
The binding agreement for the Johor-Singapore Special Economic Zone (JS-SEZ) was signed on Jan 6, nearly a year after the memorandum of understanding was inked and after two signing delays.
