Overview
- Singapore's Deputy Prime Minister Gan Kim Yong announced the opening of a joint project office to assist firms expanding into the Johor-Singapore Special Economic Zone (JS-SEZ).
- The JS-SEZ spans 3,571 sq km in southern Johor and focuses on 11 sectors, including advanced manufacturing, logistics, and the green economy.
- The zone offers simplified customs clearance, harmonized regulations, improved connectivity, and tax incentives to attract high-value investments.
- A pilot project for a smart indoor vertical farm in Nusajaya Tech Park, led by Archisen and FarmByte, is expected to produce over 300 tonnes of leafy vegetables annually.
- The initiative reflects efforts to strengthen regional supply chains and mitigate global trade uncertainties caused by rising protectionism and tariffs.