Johor-Singapore SEZ success depends on fixing wage gaps and worker movement, say policymakers
“Malaysia doesn’t have a talent problem.
“Malaysia doesn’t have a talent problem.
The JS-SEZ has nine flagship areas and promoted sectors including electrical and electronics, petrochemical and oleochemical, food and agro-processing, logistics, tourism, healthcare, financial and business services, and creative and education.
MIDF also noted that not all data centres are built specifically for AI, even though many are AI-ready.
The financing involves CIMB Group Holdings Bhd, Crédit Agricole, DBS Bank Ltd, Malayan Banking Bhd, Standard Chartered, United Overseas Bank, and Oversea-Chinese Banking Corporation Ltd.
PublicInvest noted that the potential acquisition initiatives are being led by Tata Semiconductor Manufacturing president KC Ang, who previously served as vice-president of operations at SilTerra Malaysia.
“This is a strategic long-term investment in shaping Putrajaya into a model city that embodies Madani values and aligns with the Chase City Vision,” said Minister in the Prime Minister’s Department (Federal Territories), Datuk Seri Dr Zaliha Mustafa, in a social media post on Tuesday.
CEO Priscilla Lim said the masterplan is structured in three phases—short, medium and long term—and will involve both infrastructure improvements and the introduction of new value-added services to meet evolving industry needs.
The JS-SEZ must “never depend on the sitting administration of the day, or the whims and desires of individual politicians”, Minister of Economy Datuk Seri Mohd Rafizi Ramli said.
The blueprint will serve as a "one-stop document" for potential investors, regulators, and the public, offering greater clarity on the fiscal incentives, strategic direction and development roadmap for the special economic zone, said Minister of Economy Datuk Seri Mohd Rafizi Ramli on Monday.
The signatories include Malayan Banking Bhd, CIMB Group Holdings Bhd, CGS International, Sumitomo Mitsui Banking Malaysia, Bank of America Malaysia, and HSBC Malaysia.