Singapore-Johor SEZ attracts US$4.2 billion surge in cross-border investment
Singapore’s trade chief says the special economic zone is a testament to what cooperation, rather than protectionism, can achieve
Companies were increasingly seeking stability, innovation and trust as trade routes were redrawn and technological disruptions escalated, Gan argued – with the JS-SEZ providing an efficient production base as well as access to resources and market opportunities.
“At a time when global trade is slowing and protectionist pressures are rising, the JS-SEZ stands as a strong illustration of what countries can achieve when they choose cooperation over contestation and partnership over protectionism,” he said to an audience of some 900 officials and business leaders from both countries, including his Malaysian counterpart Tengku Zafrul Aziz and Chief Minister of Johor Onn Hafiz Ghazi.
