Special Economic Zones: One size doesn’t fit all
A proposed SEZ between Sarawak and Brunei has sparked discussions of cross-border collaboration, but it may be a long shot given the economic realities
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SPECIAL economic zones (SEZs), especially those uniting two sovereign nations, are quickly becoming the talk of the town.
From buzzing tech ecosystems to manufacturing powerhouses, SEZs are now the go-to agenda to turbocharge economic growth, spawn top-tier jobs and lure foreign dollars.
Malaysia’s southern state of Johor and Singapore – two regional powerhouses with a shared history and distinct yet complementary strengths – recently launched an SEZ to harness the power of their proximity, long present but never fully nor formally tapped (till now, that is) to galvanise cross-border economic activity.
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