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Malaysia and Singapore formally signed an agreement on the JS-SEZ in January 2025 to create the zone that aims to attract 100 projects worth RM100 billion (US$25 billion) within its first decade and create some 100,000 new jobs in high-value economic sectors.\u00a0\u00a0<\/span><\/p>\n Akmal\u2019s predecessor Rafizi Ramli had said on May 19 last year that the JS-SEZ blueprint would be launched by the end of 2025, local media reported.<\/span><\/p>\n The blueprint is a comprehensive roadmap outlining the zone’s long-term development strategy, investment prospects and policy direction, he said then, describing it as a one-stop document for potential investors, policymakers and the public.<\/span><\/p>\n But Rafizi <\/span>quit the Cabine<\/span><\/a>t at the end of May 2025 after losing in his party\u2019s internal polls.\u00a0<\/span><\/p>\n In January, Malaysia\u2019s Economy Ministry said that it was <\/span>targeting a March launch<\/span><\/a> for the JS-SEZ blueprint following a meeting between Akmal and Singapore\u2019s Minister for National Development Chee Hong Tat.\u00a0<\/span><\/p>\n However, Akmal announced on Wednesday\u00a0<\/span>at a JS-SEZ forum in Kuala Lumpur\u00a0that the launch has now been confirmed only for the fourth quarter of this year.\u00a0<\/span><\/p>\n “I think we can further explore the details of the document when the time comes,” he said, according to local media.\u00a0<\/span><\/p>\n In his Thursday statement following Onn Hafiz\u2019s comments, Akmal said the launch of the master plan is\u00a0being carefully coordinated to ensure implementation readiness and policy alignment, as well as strategic cooperation between Malaysia and Singapore.<\/p>\n He\u00a0denied that the development of the JS-SEZ had been delayed, outlining that although the master plan had not yet been launched, the initiative has recorded approved investments amounting to RM76.98 billion in 2025.\u00a0<\/span><\/p>\n \u201cThese figures demonstrate that investor confidence in the JS-SEZ remains strong and that its benefits are being translated into actual projects, rather than remaining merely a blueprint,\u201d Akmal\u00a0said.<\/span><\/p>\n “The federal government has never compromised on the future of Johor,” he added.\u00a0<\/span><\/p>\n “The current focus is to ensure the JS-SEZ Master Plan is launched at the right time, with a solid implementation foundation capable of delivering lasting benefits to the people of Johor, attracting more high-quality investments, and elevating the state into a key regional economic and investment hub.”\u00a0<\/span><\/p>\n Prior to his comments on the JS-SEZ master plan, Onn Hafiz had in recent weeks also\u00a0pressed\u00a0the federal government<\/a> to expedite the implementation of the state\u2019s\u00a0elevated Autonomous Rapid Transit (ART) project<\/a>.<\/p>\n At an event on Jun 16, he said the ART is Johor\u2019s \u201cmost critical long-term solution\u201d to absorb an expected surge in passenger movement in Johor Bahru once the\u00a0Johor Bahru-Singapore Rapid Transit System (RTS) Link<\/a> starts its operations scheduled for January 2027.\u00a0<\/p>\n<\/div>\n Malaysia and Singapore formally signed an agreement on the JS-SEZ in January 2025 to create the zone that aims to attract 100 projects worth RM100…<\/p>\n","protected":false},"author":1,"featured_media":65835,"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-65834","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\/65834","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=65834"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/65834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/65835"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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