Malaysia and Singapore Set to Establish Massive Economic Zone
Johor aims to transform into the 'Shenzhen of Southeast Asia' through a proposed economic collaboration with Singapore.
- The planned Johor-Singapore Special Economic Zone will cover over 3,500 sq km, nearly twice the size of Shenzhen.
- Both governments agreed to initiate the zone in January, with formal agreements expected by year-end.
- The zone will include diverse sectors such as electronics, manufacturing, healthcare, and tourism.
- Strategic areas include Iskandar Malaysia and the Pengerang Integrated Petroleum Complex.
- Johor's chief minister highlighted the geographical and economic parallels with the Shenzhen-Hong Kong model.