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Malaysia and Singapore Finalize Johor Special Economic Zone to Boost Investment

  • The Johor-Singapore Special Economic Zone aims to enhance trade, investment, and jobs across sectors in Johor, Malaysia, as reported by Prime Minister Anwar Ibrahim.
  • Johor contributes 9.5 percent to Malaysia's GDP in 2023, but local businesses depend on Singaporean visitors, according to the report.
  • The JS-SEZ spans 3,500 sq km and includes 16 sectors, with leaders agreeing to quarterly meetings to address bilateral issues, as stated by Lawrence Wong.
  • Both prime ministers emphasize the importance of ongoing dialogue and engagement to build a strong partnership between Malaysia and Singapore, as noted by Mr. Wong.
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  • 44% of the sources are Center, 44% of the sources lean Right
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