Economy Minister Rafizi Ramli predicts the Johor-Singapore Special Economic Zone will significantly boost Malaysia’s GDP, potentially rivaling the Klang Valley’s economic contribution within a decade.
Economy Minister Rafizi Ramli today said the Johor - Singapore Special Economic Zone will contribute about US$28 billion (RM125.9 billion) to the country’s gross domestic product ( GDP ) annually in the next 10 years. He said the zone has the potential to rival the Klang Valley as a major contributor to Malaysia’s economy within the next decade. “Early estimates put JS-SEZ contribution to about US$28 billion in addition to our gross domestic product every year.
It can easily rival Klang Valley in the next ten years,” he said during a fireside chat at the Malaysia Economic Forum here
JS-SEZ Economy GDP Johor Singapore
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