Prime Minister Datuk Seri Anwar Ibrahim said the economic zone had continued its exceptional momentum in attracting strategic international investments.
Ibtec is a 7,290-acre master-planned township envisioned as Southeast Asia’s first circular city, integrating advanced industries with low-carbon, sustainable living.
“This partnership is already taking shape on the ground,” says Gan, highlighting three companies that are looking to tap into the JS-SEZ.
Situated along Jalan Besar in Simpang Renggam, the land is strategically located near the North-South Expressway and surrounded by established residential, commercial and industrial zones.
"Our site visit to Johor reaffirmed the state’s rising prominence as both a retail and industrial hub, supported by strong cross-border spending, the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link (end-2026), and the planned Singapore-Johor Special Economic Zone (JS-SEZ).
Guest facilities include family suites with oceanic-themed décor, soundproof work booths in the lobby, and the Sheraton Club lounge, available to Club-level and Marriott Bonvoy Elite members.
The group said it will continue to monitor headwinds such as minimum wage increases, subsidy rationalisation for fuel and electricity, and tax expansions, which could raise cost pressures.
The project’s primary scope involves constructing a 34-storey serviced apartment tower with 748 units, a sub-basement service plant, multi-level parking facilities, and public amenities on the 10th floor.
The 14,000 sq ft space in Johor will mirror the KL Sentral branch, which became profitable within just three months and has reached over 50% occupancy.
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