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
[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).
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