JS-SEZ draws 1,436 investment inquiries, Johor eyes high-value spillovers [WATCH]

The Johor-Singapore Special Economic Zone (JS-SEZ) has drawn 1,436 investment inquiries since January last year, according to Johor's Menteri Besar Datuk Onn Hafiz Ghazi. The state is working to transform this interest into high-value projects, quality jobs, and opportunities for local businesses.

Out of these inquiries, 43 were referred by Singapore's Economic Development Board (EDB) and Enterprise Singapore, highlighting their role in guiding potential investors to the zone. This surge in interest is attributed to improved cooperation between Johor and Singapore.

However, the real challenge lies in converting the substantial pipeline of inquiries into committed investments. The state aims for projects that generate higher-value economic activity rather than merely increasing the volume of investment.

The JS-SEZ was officially established through an agreement signed by Malaysia and Singapore in January 2025. It spans a shared area between Johor and Singapore, with the objective of enhancing cross-border economic ties. This is achieved by fostering investment, improving connectivity, and enabling the smooth movement of goods, people, and business activities across the border.

The zone targets nine priority sectors, such as manufacturing, logistics, digital economy, energy, financial services, business services, education, healthcare, and tourism. Factors contributing to Johor's appeal include its proximity to Singapore, availability of industrial land, and comparatively lower operating costs compared to the city-state.