Malaysia, Singapore natural partners in fast-tracking Asean’s development
THE ongoing discussions to establish a Johor-Singapore Special Economic Zone (JS-SEZ) will be a boon for the Asean region. Much like how the Greater Bay Area (GBA) provides a crucial engine of growth for China’s economy, the establishment of the JS-SEZ has the potential to elevate Asean’s economic position.
This is particularly due to the investment opportunities it will open, along with the jobs it will create, while also developing a globally competitive business region. The flourishing Malaysia-Singapore corridor is at the heart of this development, occupying a strategic position in the centre of South-east Asia.
Malaysia and Singapore have enjoyed a robust and enduring relationship underpinned by their proximity, economic, historical, and familial ties.
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