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IIB president and chief executive officer Datuk Idzham Mohd Hashim said strategic investments, infrastructure enhancement, and sustainability are at the core of this initiative.

BMI said Johor’s stable infrastructure and government incentives make it an attractive destination for institutional investors seeking reliable and high-growth opportunities.

To support the JS-SEZ, the government has announced incentives, including a special corporate tax rate, to lure investors to set up shop in the zone that stretches from Kulai and part of Pontian to Pengerang.

Companies making new investments in qualifying manufacturing and services — such as in artificial intelligence and quantum computing supply chain, medical devices, aerospace manufacturing and global services hub — will enjoy a special tax rate of 5% for up to 15 years.

Both nations emphasised their commitment to fostering a stronger bilateral partnership based on mutual respect and a constructive approach to resolving issues, ensuring win-win outcomes without overshadowing the broader relationship.

The economists' comments followed the signing of the long-awaited JS-SEZ agreement on Tuesday between Prime Minister Datuk Seri Anwar Ibrahim and Singapore Prime Minister Lawrence Wong.

In tandem with the third phase of Senai Airport City’s industrial development expansion measuring some 300 acres, NISB has been appointed as the contractor for earthworks to provide investors with industrial plots ready with platform and corresponding infrastructure.

DONE DEAL: Terrace house, Taman Puncak Jalil, Seri Kembangan, Selangor DONE DEAL: Semidee house, Taman United, Kuala Lumpur The cosmopolitan neighbourhood of Bukit Bintang is 89.

Besides customised mortgage solutions for their clients, AFFIN Mbassadors will enjoy various privileges, including special pricing on property and car loans, and being featured across AFFIN’s various online platforms to boost brand visibility.

The five-star hotel offers 298 rooms and was designed in collaboration with Hirsch Bedner Associates, incorporating Baba-Nyonya-inspired aesthetics.