IIB Welcomes Johor-Singapore Special Economic Zone

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IIB Welcomes Johor-Singapore Special Economic Zone
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Iskandar Investment Bhd (IIB) welcomes the establishment of the Johor-Singapore Special Economic Zone (JS-SEZ), a transformative initiative poised to enhance Johor’s position as a leading investment destination in Southeast Asia.

Iskandar Investment Bhd (IIB) welcomes the establishment of the Johor-Singapore Special Economic Zone (JS-SEZ), a transformative initiative poised to enhance Johor’s position as a leading investment destination in Southeast Asia. The formal agreement signed yesterday in Putrajaya signals a new chapter of economic growth and cross-border collaboration, bringing substantial opportunities for Iskandar Puteri and the wider region.

As a key stakeholder in Johor’s economic development, IIB is deeply committed to the vast opportunities that the JS-SEZ will create for businesses and communities, said IIB president/CEO Datuk Idzham Mohd Hashim. With a focus on key economic sectors such as education, the green economy, and transformative industries like energy, he added the JS-SEZ is positioned to drive sustainable growth. Notably, he said the data centre industry is set for significant expansion, driven by major technology firms, aligning with global trends and positioning Johor as a leader in digital infrastructure and innovation. These initiatives reflect the shared vision of Malaysia and Singapore for sustainability and regional integration. Further enhancing connectivity, the Rapid Transit System (RTS) link, set to be operational by 2026 and capable of transporting 20,000 passengers per hour, demonstrates the significance of seamless cross-border collaboration within Asean, said Idzham. He also said that sustainability stands as a cornerstone of the collaborative efforts driving the JS-SEZ. The realisation of the Asean power dream, enhancing cross-border energy collaboration, is central to its agenda. The signing of two memoranda of understanding (MoUs) on carbon credits and carbon capture and storage, held in conjunction with the JS-SEZ agreement, further reinforces this shared dedication to addressing climate challenges

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