Johor-Singapore SEZ on radar of China firms eyeing lower costs, improved connectivity
These companies are hoping for improved movement of people and goods across the Causeway, which will enable them to access Singapore’s logistical facilities more efficiently, and facilitate easier travel for business partners
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THE upcoming Johor-Singapore Special Economic Zone (SEZ) is not only drawing interest from companies in Singapore, it is also attracting plenty of attention from Chinese businesses looking to expand their operations.
Even before the formal agreement to establish the SEZ – expected to be signed on Tuesday (Jan 7) during the 11th Malaysia-Singapore Leaders’ Retreat in Putrajaya – Johor has already been on the radar of many Chinese companies.
The southern Malaysia state has become a hotspot for Chinese businesses setting up operations, said Lee Ting Han, the chairman of Johor’s investment, trade, consumer affairs and human resources committee.
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