Officials from Singapore and Malaysia convened in Johor from 28 to 30 August 2024 to advance discussions on the Johor-Singapore Special Economic Zone (JS-SEZ), focusing on enhancing the business ecosystem and cross-border flows.

Officials from Singapore and Malaysia met in Johor from 28 to 30 August 2024 to further discussions on the Johor-Singapore Special Economic Zone (JS-SEZ). The talks aimed to strengthen economic ties and facilitate cross-border flows between the two nations. Key topics included the development of various economic sectors, the movement of people and goods, the ease of doing business, and talent development. Both countries view the JS-SEZ as a mutually beneficial initiative, enhancing opportunities for businesses and communities alike.

The JS-SEZ is seen as a strategic effort to create a robust business ecosystem that will drive growth and innovation in the region. Singapore and Malaysia have committed to working closely together to finalize a comprehensive agreement on the JS-SEZ. The outcomes of these discussions will also be a focal point at the upcoming 11th Malaysia-Singapore Leaders’ Retreat later this year, where further progress on the initiative is expected.

Source: MTI