Urgent.News

What's breaking now, across thousands of outlets.

World

JS-SEZ secures RM88.8bil in approved investments

Economy minister Akmal Nasir says nearly 45% of the total approved investments, amounting to RM40.30 billion, have been realised.

JS-SEZ secures RM88.8bil in approved investments

In the period between January 2025 and June 2026, the Johor-Singapore Special Economic Zone (JS-SEZ) attracted RM88.83 billion in approved investments, with the potential to generate 28,755 jobs, announced Economy Minister Akmal Nasir during a joint press conference. Of the total investments, 45% or RM40.30 billion have been realized, involving projects expected to create 12,796 jobs.

Both nations, according to Nasir, are committed to delivering the full potential of the JS-SEZ, emphasizing the importance of sustained momentum for mutual benefit. The JS-SEZ serves as a platform for strengthening bilateral cooperation, coordinating initiatives, and monitoring the implementation of priority projects. A joint ministerial committee, co-chaired by Nasir and Singapore's National Development Minister Chee Hong Tat, will oversee these efforts.

Both countries have also agreed to host a joint investment forum in the first quarter of 2027 and are set to launch a JS-SEZ blueprint in December 2026, which aims to boost the economic zone's prospects. Chee highlighted the blueprint as a medium- to longer-term vision, emphasizing the need for close collaboration between agencies from both nations to enhance talent development, facilitate trade, and improve transport and connectivity.

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freemalaysiatoday.com →

More in World

More from Monday 2 November →