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Johor-Singapore SEZ boosting Malaysian state's economic growth: DBS
The Straits Times
|September 09, 2025
The Johor-Singapore Special Economic Zone (JS-SEZ) is showing great potential, based on a DBS Bank report released on Sept 4.
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The Johor state's economy grew faster than those of Singapore and Malaysia in 2024 as a result of the JS-SEZ.
Johor saw a 6.4 per cent growth in gross domestic product (GDP) in 2024, compared with 5.1 per cent for Malaysia and 4.4 per cent for Singapore. The gap between the state's growth and national growth was the largest since 2016.
While the SEZ agreement was signed in January 2025, Singapore and Malaysia inked a memorandum of understanding a year ago.
The zone aims to drive investments in key sectors, namely manufacturing, logistics, food security, tourism, energy, the digital economy, green economy, financial services, business services, education and health.
Dit verhaal komt uit de September 09, 2025-editie van The Straits Times.
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