Malaysia, Singapore to announce border economic zone master plan
The JS-SEZ will be located in Malaysia's Johor state, bordering Singapore, and will cover an area of approximately 3,588 sq.km.
The JS-SEZ will be located in Malaysia's Johor state, bordering Singapore, and will cover an area of approximately 3,588 sq.km.
Malaysian Minister of Economy Akmal Nasrullah noted the momentum continued in the first quarter of 2026, with 1.3 billion USD in new approved investments, demonstrating the zone's sustained growth even before its master plan is officially unveiled.
The JS‑SEZ was established on January 11, 2024, and a JS‑SEZ agreement was signed between the two countries on January 7, 2025. According to The Business Times, in the first nine months of 2025, the JS‑SEZ pact locked in 68 billion MYR (17 billion USD) in approved investments, marking a staggering leap from the 48.5 billion MYR recorded for the whole of 2024.
Minister of Finance II Datuk Seri Amir Hamzah Azizan said at the Dewan Rakyat (lower house) on August 21 that through collaboration with various parties and special incentive packages, Malaysia aims to attract investments in the electrical and electronics industries, natural resources, trade and cargo, and downstream rubber-based industries.
Malaysia and Singapore on January 7 inked an agreement to create a new special economic zone for business and investment.