{"id":188559,"date":"2025-10-09T17:35:11","date_gmt":"2025-10-09T17:35:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/188559\/"},"modified":"2025-10-09T17:35:11","modified_gmt":"2025-10-09T17:35:11","slug":"johor-singapore-sez-draws-new-wave-of-investors-with-2-in-1-appeal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/188559\/","title":{"rendered":"Johor\u2013Singapore SEZ draws new wave of investors with 2-in-1 appeal"},"content":{"rendered":"<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">SINGAPORE \u2013 The <a href=\"https:\/\/www.straitstimes.com\/singapore\/spore-msia-sign-agreement-on-johor-singapore-special-economic-zone-20000-jobs-to-be-created?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><\/p>\n<p class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">Johor-Singapore Special Economic Zone (JS-SEZ)<\/p>\n<p><\/a> is fast emerging as an attractive investment destination for companies that might not have eyed either market individually.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The zone could also serve as a catalyst for Singaporean and Malaysian companies to expand their presence in the region.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">These were the views from panellists who spoke at a session on the second and final day of <a href=\"https:\/\/www.straitstimes.com\/asia-future-summit-2025?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><\/p>\n<p class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">the Asia Future Summit<\/p>\n<p><\/a>, held at The Ritz-Carlton, Millenia Singapore hotel. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Ms Esther Teo, director of the Economic Development Board\u2019s (EDB) JS-SEZ Programme Office, said the zone opens up opportunities for the agency to engage with more companies, especially those that might not have considered Johor or Singapore as individual investment destinations. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cNow that we have kind of put the two together, it has become a much more compelling value proposition for companies and businesses. So I can see that it has helped to really broaden the sales funnel for us, allowing us to engage companies in sectors or markets that we have not focused on before,\u201d she said. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">In the first half of 2025, Johor already attracted RM56 billion (S$17.2 billion) in investments, primarily driven by initiatives like the JS-SEZ.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Johor investment, trade, consumer affairs and human resources committee chairman Lee Ting Han said he saw continued momentum in the JS-SEZ in the quarter ended September, adding that he is confident Johor can meet its target of attracting up to RM100 billion in investments by the end of 2025.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">He also said the JS-SEZ could be a good opportunity for companies in Singapore and Malaysia to rethink their economic strategies.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cWe have to move past that export-oriented mindset and it\u2019s probably time for us to look inwards, to look at the Asean market, if ever, in conjunction with the growth of our population,\u201d he added. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Dr Ng Chin Siau, founder and chief executive of Q&amp;M Dental Group (Singapore), said his firm recently raised $130 million to support its expansion in Singapore, as well as in Johor and China.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Q&amp;M currently operates in 37 locations in Malaysia, including 17 in Johor and nine in the JS-SEZ, he said. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cJohor South will be one of the important areas for Q&amp;M to be more involved, in terms of building better facilities,\u201d he said.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Their clinics will serve not only Johor residents, but also those coming from other parts of Malaysia as well as Singapore, especially after the Johor Bahru-Singapore Rapid Transit System Link is operational, he said. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cIf your infrastructure is lining up the whole Johor South&#8230; I believe this will be the biggest impact that you will create for the people of both sides, and the people of the entire Malaysia.\u201d<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">OCBC Malaysia chief executive Tan Chor Sen said the JS-SEZ\u2019s proximity to Singapore, a financial centre, is a key draw for investors. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">He said that among the businesses that are keen to expand in the zone, 50 per cent are businesses from China.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Johor state economic and investment adviser Hasni Mohammad noted that Singapore and Johor have their own strengths. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Multinational companies could base their headquarters and research and development in Singapore, while extending their manufacturing to Johor for the cost benefit.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/90430108be5818dc5570b693c179675cb603ed1a29e9ad0c198d6ddb84915bfc.webp\" alt=\"\" class=\"aspect-landscape flex items-start shrink-0 object-cover landscape article-landscape mobile:w-screen tablet:w-auto\" data-testid=\"image-test-id\" loading=\"lazy\"\/><\/p>\n<p class=\"font-eyebrow-baseline-regular text-secondary\" data-testid=\"inline-media-caption-test-id\">Panellists (from left) Ng Chin Siau, Esther Teo, Tan Chor Sen, Lee Ting Han and Hasni Mohammad at a dialogue moderated by Lianhe Zaobao business editor Shen Yue during the Asia Future Summit on Oct 9.<\/p>\n<p class=\"font-eyebrow-baseline-regular text-placeholder\" data-testid=\"inline-media-credit-test-id\">PHOTO: LIANHE ZAOBAO<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Initiatives are also in place to make the JS-SEZ an attractive location to do business.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Ms Teo said the Invest Malaysia Facilitation Centre-Johor can help companies navigate across state and federal agencies, reducing bureaucratic hurdles for businesses.  <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">She added that EDB is also working with its Malaysian counterparts to build a talent pipeline for companies in the zone.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cWhere we can influence and we can control, we\u2019re making those steps to improve, and hopefully, that makes a difference for the value proposition that we are providing.\u201d<\/p>\n<p><a href=\"https:\/\/www.straitstimes.com\/asia-future-summit-2025\" rel=\"noopener noreferrer nofollow\" class=\"\" aria-label=\"link\" target=\"_self\" data-testid=\"inline-image-link\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/c23b7179e9e232055646b5a6e4dd1908d484de8228e53b935ed9b4e2ad2e2a1d.webp\" alt=\"\" class=\"aspect-portrait flex items-start shrink-0 portrait article-portrait object-contain mobile:w-screen tablet:w-auto\" data-testid=\"image-test-id\" loading=\"lazy\"\/><\/a><\/p>\n<p>ST Asia Future SummitJohorEconomic growthSingapore economyMalaysian economy<\/p>\n","protected":false},"excerpt":{"rendered":"SINGAPORE \u2013 The Johor-Singapore Special Economic Zone (JS-SEZ) is fast emerging as an attractive investment destination for companies&hellip;\n","protected":false},"author":2,"featured_media":188560,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-188559","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/188559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=188559"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/188559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/188560"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=188559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=188559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=188559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}