{"id":26915,"date":"2026-01-09T00:41:39","date_gmt":"2026-01-08T16:41:39","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=26915"},"modified":"2026-01-09T00:41:39","modified_gmt":"2026-01-08T16:41:39","slug":"new-economy-minister-to-meet-singapore-counterpart-ahead-of-js-sez-blueprint-release","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=26915","title":{"rendered":"New economy minister to meet Singapore counterpart ahead of JS-SEZ blueprint release"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"newsTextDataWrapInner\">\n<p>PUTRAJAYA (Jan 8): A comprehensive blueprint for the Johor-Singapore Special Economic Zone is expected to be unveiled by March, said newly-minted Economy Minister Akmal Nasrullah Mohd Nasir.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>The master plan would provide a clear and structured guide for investors while coordinating development across the zone also known as the JS-SEZ, said Akmal Nasrullah. He is scheduled to meet his Singapore counterpart by the end of this month.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>In his speech at the Ministry of Economy\u2019s January 2026 assembly on Thursday, Akmal Nasrullah said his counterpart in Singapore had requested an in-person meeting.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>Speaking to reporters later, Akmal Nasrullah said preparations are under way to finalise the blueprint timeline and discussions with Singapore would begin once both sides had established a shared understanding of priorities.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>\u201cWe will wait and see because I think it\u2019s better for me to meet the minister and get the understanding between both countries,\u201d he said when asked about the specific agenda for the meeting.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>Malaysia and Singapore formally signed an agreement in January 2025 to establish the JS-SEZ, which aims to attract 100 projects worth RM100 billion within its first decade and create about 100,000 new jobs in high-value economic sectors.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>The agreement was signed by Akmal Nasrullah\u2019s predecessor Datuk Seri Mohd Rafizi Ramli and Gan Kim Yong, Singapore&#8217;s deputy prime minister and minister for trade and industry.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>To support the JS-SEZ, the government has announced incentives, including a special corporate tax rate, to lure investors to set up operations in the zone, which stretches from Kulai and parts of Pontian to Pengerang.<\/p>\n<\/div>\n<h3>Execution in 2026<\/h3>\n<div class=\"newsTextDataWrapInner\">\n<p>Beyond the JS-SEZ, Akmal Nasrullah said 2026 would mark a shift from policy formulation to implementation in the first of the five-year 13th Malaysia Plan.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>\u201cEvery policy we design must be translated into programmes, initiatives or projects that ultimately reach the people, according to the right target groups,\u201d he noted.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>Execution would be a key performance indicator (KPI) for the ministry, Akmal Nasrullah said. \u201cWe want execution to be our shared KPI for the secretary general, deputy secretaries general, directors, heads of departments and agencies, including for myself and the deputy minister,\u201d he said.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>Effective implementation is critical at a time of a more challenging global environment, Akmal Nasrullah said, adding that monitoring would be strengthened through enhanced coordination, transparent progress reporting and faster corrective action where needed.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>Further, he also underscored the importance of delivering smaller, high-impact projects alongside major initiatives, as such projects would produce faster and more visible outcomes.<\/p>\n<\/div>\n<div class=\"newsTextDataWrapInner\">\n<p>\u201cWhen damaged bridges, pothole-ridden rural roads, dilapidated quarters, clinics and schools are resolved quickly, people can see that the government is present to solve real issues on the ground \u2014 not merely talking about megaprojects,\u201d he added.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/theedgemalaysia.com\/node\/788464\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PUTRAJAYA (Jan 8): A comprehensive blueprint for the Johor-Singapore Special Economic Zone is expected to be unveiled by March, said newly-minted Economy Minister Akmal Nasrullah&#8230;<\/p>\n","protected":false},"author":1,"featured_media":26916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-26915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/26915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26915"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/26915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/26916"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}