Singapore to enhance JS-SEZ fundamentals to unlock cross-border opportunities, says DPM Gan Kim Yong

Gan Kim Yong News

Singapore to enhance JS-SEZ fundamentals to unlock cross-border opportunities, says DPM Gan Kim Yong
SingaporeJohor-Singapore Special Economic Zone JS-SEZ
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JOHOR BAHRU, April 21 — Singapore will continue to strengthen the fundamentals of the Johor-Singapore Special Economic Zone (JS-SEZ) to enhance its value proposition, according...

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Additionally, efforts will be made to fortify the business ecosystem through streamlined approval processes, investment in talent development, and the establishment of a single touchpoint for businesses, he said. Furthermore, Gan said Singapore would strengthen its network of economic partnerships with like-minded nations and economic blocs, such as within Asean and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, as well as the Gulf Cooperation Council and the European Union, to open up new markets and supply chain flows for businesses.

Gan said that some businesses in Singapore may choose to expand their capacity in the JS-SEZ and develop new capabilities, while others may also decide to twin their presence in both Singapore and Johor, so that they can tap into our complementary strengths. Gan also hoped that Malaysia and Singapore would team up with like-minded countries, double down on better connectivity and ease of doing business, and join hands with businesses and investors at a time of significant volatility, uncertainty and anxiety in the global economy.

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