Timing of JS-SEZ a lot more promising than some previous attempts: CIMB
It is often not easy to really craft out a win-win proposition in a partnership, says the lender’s CEO of group wholesale banking
Add BT as a preferred source
[KUALA LUMPUR] The timing of the Johor-Singapore Special Economic Zone (JS-SEZ) is “a lot more conducive” today than some of the previous attempts to do something similar, said Chu Kok Wei, chief executive officer of group wholesale banking at CIMB.
Chu said there are not many good global examples of successful cross-border special economic zones, “simply because you need good timing” for them to succeed.
“In partnership, it’s very easy for us to say, we must be win-win on both sides, but it’s often not easy to really craft out a win-win proposition,” Chu said at a panel on Monday (Jul 21).
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
