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Johor-Singapore Special Economic Zone will be a game-changer and boost the state’s economy, says MB.

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JOHOR BARU, Feb 6 — The Johor State Government believes the Johor-Singapore Special Economic Zone (JS-SEZ) will be a game changer and a catalyst for economic improvement.

Johor Menteri Besar Datuk Ong Hafiz Ghazi said that to realize its ambitions, the state government plans to establish the Malaysian Investment Promotion Center (IMFC) in collaboration with state government agencies. .

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“Last year, the Ministry of Investment, Trade and Industry (Miti) established the IMFC, which aims to unify and coordinate all aspects related to investment in Malaysia.

“Therefore, the state government intends to establish an IMFC in coordination with institutions in Johor state. ,” he said in his Facebook post. Today’s page.

The post also said Ong Hafiz and a delegation from the Johor state government met with Minister Datuk Seri Tunku Zafrul Abdul Azizmiti in Kuala Lumpur today to discuss the JS-SEZ.

Ong Hafiz said other matters discussed at the meeting included the state government’s proposals on JS-SEZ policy details such as incentives and tax optimization. Encourage investments based on environmental sustainability. Generate technical collaboration and innovation. and promote integration and cooperation between the two countries in the world market.

“All these ideas and suggestions have been considered and further improved by Minister YB and the Ministry itself. Adjustment is very important.”

“I hope all these plans come to fruition so that Johor can become a developed country by 2030,” he added.

On January 11, Malaysia and Singapore signed a memorandum of understanding to make the JS-SEZ a success in strengthening economic ties between Johor and Singapore. — Bernama



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