This comes after both countries signed an agreement to jointly develop the zone which aims to attract investments in 11 key sectors such as digital economy, logistics and energy
[KUALA LUMPUR] Malaysia has proposed an initial RM5 billion (S$1.5 billion) infrastructure development fund for the Johor-Singapore Special Economic Zone (JS-SEZ), said Economy Minister Rafizi Ramli at Malaysia Economic Forum 2025 on Thursday (Jan 9).
Speaking at a fireside chat moderated by Maybank Group president and chief executive officer Khairussaleh Ramli, Rafizi explained that the fund was included in Malaysia’s Budget 2025, and is currently under discussion regarding its adequacy and implementation mechanism.
“The fund itself is not the main issue, but the challenge lies in the mechanism due to multiple layers between federal and state governments,” he said.
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