JS-SEZ blueprint launch by year-end, to drive long-term growth: Rafizi
KUALA LUMPUR: The Johor-Singapore Special Economic Zone (JS-SEZ) Blueprint will be launched by year-end, offering a comprehensive roadmap outlining the zone's long-term development strategy, investment prospects, and policy direction, said Economy Minister Rafizi Ramli.
"Think of it as a one-stop document for potential investors, policymakers, and the general public," Rafizi said during the JS-SEZ Partners Dialogue held in Kuala Lumpur today, themed "Advancing Facilitation".
He revealed that foreign direct investment (FDI) in the first quarter of 2025 had already exceeded total FDI recorded in the first nine months of 2024, putting the JS-SEZ on course to surpass its RM60 million FDI target well ahead of schedule.
Rafizi attributed the early momentum to close coordination between Johor state authorities and the Ministry of Investment, Trade and Industry (MITI), along with targeted efforts to attract high-value investments.
He added that core structural and infrastructural developments within the zone are progressing steadily, laying a strong foundation for sustainable growth.
"If we can achieve RM60 billion in FDI before the launch, it's a great sign for Johor in the coming years," he said.
Rafizi described the JS-SEZ as a strategic economic catalyst, leveraging Johor's proximity to Singapore and its capacity for high-impact development.
"We cannot sustain over 5 per cent economic growth without introducing a new growth engine. The JS-SEZ is designed to be that engine, benefiting not just Johor but the entire country," he said.
He also highlighted several key benefits of the initiative, including increased tax revenue, job creation, and broad-based economic gains for both federal and state governments.
He assured that neighbouring areas would also experience tangible benefits within two to three years, positioning the JS-SEZ as a major driver of sustainable national growth.
On the issue of long-term viability, Rafizi stressed the importance of continuity and commitment.
"Policy continuity should never depend solely on the sitting government but must be guided by a shared vision and a strategic commitment to national progress," he said.
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