Economy Ministry Finalising JS-SEZ Masterplan, Investment Blueprint

PUTRAJAYA, March 12 (Bernama) -- The Ministry of Economy is finalising the master plan and investment blueprint for the Johor-Singapore Special Economic Zone (JS-SEZ), which is expected to be launched on March 30 in Johor Bahru.

Economy Minister Akmal Nasrullah Mohd Nasir said the action plan will serve as a public reference, and the more detailed master plan will guide all implementing parties in developing the special economic zone.

“At the Ministry of Economy, we are finalising the blueprint and the master plan. The blueprint is for public reference, while the master plan is for reference by all implementing parties,” he told the media after launching MyRMK — an integrated monitoring system to ensure the comprehensive implementation of the 13th Malaysia Plan (RMK13) — here today.

Akmal Nasrullah said the launch of the investment blueprint is an important step in detailing the development direction of the JS-SEZ, including the investment strategy, economic cooperation, and project implementation in the area.

He said the government has agreed to launch the blueprint on March 30 in Johor Bahru as part of efforts to strengthen economic ties between Malaysia and Singapore and to stimulate economic growth in the country’s southern region.

Akmal Nasrullah said the Johor state government is expected to be involved in the launch, with Singaporean ministers also attending the event.

The JS-SEZ is a strategic cooperation initiative between Malaysia and Singapore aimed at strengthening economic integration, attracting new investment and stimulating economic growth in the country’s southern region.

The JS-SEZ aims to transform Johor’s economic landscape and achieve a gross domestic product of RM260 billion by 2030.

The economic zone also aims to shift toward a more advanced, innovation-driven economy and to create over 20,000 high-skilled jobs.

-- BERNAMA