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Latest news with #Johor-SingaporeSpecialEconomicZone

Johor's JLand forms development partnerships for Malaysia, Australia
Johor's JLand forms development partnerships for Malaysia, Australia

New Straits Times

timea day ago

  • Business
  • New Straits Times

Johor's JLand forms development partnerships for Malaysia, Australia

KUALA LUMPUR: JLand Group has signed two strategic framework agreements with Far East Consortium Australia (FEC) and Malaysia Land Properties (Mayland) to explore real estate development opportunities in Australia and Malaysia. JLand, the real estate and infrastructure arm of Johor Corp (JCorp) said these partnerships further strengthen its position as a cross-border development partner of choice, anchored by collaborations with reputable partners that share its long-term vision and delivery discipline. While the FEC partnership deepens JLG's presence in Australia, it said the collaboration with Mayland reinforces its strategy to scale domestic value through well-timed land activation. "Aligned with the Johor-Singapore Special Economic Zone (JS-SEZ), this partnership expands JLG's reach into mature markets while accelerating delivery, building investor confidence, and ensuring that cross-border growth drives inclusive, long-term impact for Johor and Malaysia," it said in a statement. JLand managing director Datuk Akmal Ahmad said these potential collaborations reflect the disciplined, strategic approach the group's taken in expanding its footprint across key urban markets. "From our base in Johor to transformative precincts in Australia, we remain focused on developing places that are not only commercially sound but socially meaningful and environmentally resilient," he said. Meanwhile, FEC executive director Craig Williams said the formation of key strategic partnerships has long added the success of FECs global portfolio. "The potential alliance with JLand Group offers an opportunity to bring together a shared commitment to delivering more than just buildings, instead creating places that respond to the needs of the locality and in turn drive social and economic benefits for locals and the wider community," added Williams.

PM: Federal govt to empower JS-SEZ
PM: Federal govt to empower JS-SEZ

New Straits Times

time3 days ago

  • Business
  • New Straits Times

PM: Federal govt to empower JS-SEZ

MUAR: Prime Minister Datuk Seri Anwar Ibrahim reaffirmed the federal government's commitment to strengthening the Johor-Singapore Special Economic Zone (JS-SEZ) and boosting Johor's development as a strategic national gateway. He said establishing the JS-SEZ will accelerate state investment flows and forge strong synergy in industrial development, workforce, and technology between the two countries. "I called Singapore's prime minister at the time to negotiate. "With Singapore's Prime Minister Lawrence Wong, we discussed it during a Cabinet meeting and brought nearly half of the Cabinet down to Johor, something that has never happened before," he said in his speech at the 2025 National Month and Fly the Jalur Gemilang launching ceremony at Dataran Tanjung Emas here today. Anwar, who is also the finance minister, said the JS-SEZ has already begun to show encouraging results by attracting investments worth billions of ringgit in strategic sectors. He said Malaysia cannot afford to fall behind in regional investment competition and must leverage Johor's strategic position, especially as it borders a developed country like Singapore. Anwar also expressed his appreciation to the Yang di-Pertuan Agong, who is also the Sultan of Johor, Sultan Ibrahim, for His Majesty's support in elevating Johor's potential as a key driver of the national economy. Johor recorded RM30.1 billion worth of approved investments in the first quarter of 2025, the highest in Malaysia. In January, Singapore and Malaysia signed the JS-SEZ agreement during the 11th Malaysia-Singapore Leaders' Retreat to enhance economic cooperation and attract investment. The JS-SEZ is a mega development project involving the Iskandar Development Region, Desaru, Johor Baru, Iskandar Puteri, Tanjung Pelepas, Tanjung Bin, Pasir Gudang, Senai, Skudai, and Sedenak. The economic zone aims to attract 100 projects over a decade, among other goals. — Bernama

Federal Govt To Empower JS-SEZ -- PM Anwar
Federal Govt To Empower JS-SEZ -- PM Anwar

Barnama

time3 days ago

  • Business
  • Barnama

Federal Govt To Empower JS-SEZ -- PM Anwar

BUSINESS MUAR, July 27 (Bernama) — Prime Minister Datuk Seri Anwar Ibrahim reaffirmed the federal government's commitment to strengthening the Johor-Singapore Special Economic Zone (JS-SEZ) and boosting Johor's development as a strategic national gateway. The Prime Minister said establishing the JS-SEZ will accelerate state investment flows and forge strong synergy in industrial development, workforce, and technology between the two countries. 'I called Singapore's Prime Minister at the time to negotiate. With Singapore's Prime Minister Lawrence Wong, we discussed it during a Cabinet meeting and brought nearly half of the Cabinet down to Johor — something that has never happened before,' he said in his speech at the 2025 National Month and Fly the Jalur Gemilang launching ceremony at Dataran Tanjung Emas here today. Anwar, who is also the Finance Minister, said the JS-SEZ has already begun to show encouraging results by attracting investments worth billions of ringgit in strategic sectors. He added that Malaysia cannot afford to fall behind in regional investment competition and must leverage Johor's strategic position, especially as it borders a developed country like Singapore. Anwar also expressed his appreciation to the Yang di-Pertuan Agong, who is also the Sultan of Johor, Sultan Ibrahim, for His Majesty's support in elevating Johor's potential as a key driver of the national economy. Johor recorded RM30.1 billion worth of approved investments in the first quarter of 2025, the highest in Malaysia. In January, Singapore and Malaysia signed the JS-SEZ agreement during the 11th Malaysia-Singapore Leaders' Retreat to enhance economic cooperation and attract investment. The JS-SEZ is a mega development project involving the Iskandar Development Region, Desaru, Johor Bahru, Iskandar Puteri, Tanjung Pelepas, Tanjung Bin, Pasir Gudang, Senai, Skudai, and Sedenak.

JS-SEZ among main pillars of Johor's economic success
JS-SEZ among main pillars of Johor's economic success

New Straits Times

time3 days ago

  • Business
  • New Straits Times

JS-SEZ among main pillars of Johor's economic success

MUAR: The close cooperation between the federal and state governments in driving the Johor-Singapore Special Economic Zone (JS-SEZ) has positioned the initiative as one of the main pillars of Johor's economic success, said Menteri Besar Datuk Onn Hafiz Ghazi. He said the state is on a very positive trajectory, with tangible achievements reflecting the effectiveness of development efforts underway. As an example, he said, Johor recorded RM30.1 billion in approved investments for the first quarter of this year, alongside a gross domestic product (GDP) growth of 6.4 per cent, which exceeded the national average last year. "This is no small feat, it proves that Johor is not only a key economic driver in southern Malaysia but also among the leading states contributing to national growth," he said, and expressed his deepest appreciation to Prime Minister Datuk Seri Anwar Ibrahim for his consistent support for Johor's development. He said when speaking at the launch of the 2025 National Month and the Fly the Jalur Gemilang campaign by the prime minister at Dataran Tanjung Emas, here today. He also expressed his appreciation to Anwar for the recent announcement of various initiatives for the people, including the one-off RM100 donation and the proposed reduction in the price of RON95 petrol. "I would like to record my highest appreciation to the Prime Minister for these announcements," he said. According to him, Johor remains fully aligned with federal initiatives, including programmes such as Bakul Kasih, Jualan Kasih, Dapur Kasih, construction of affordable houses, hospital support and many other community-based efforts. Onn Hafiz also extended his gratitude to the federal government for choosing Johor, especially Muar, as the host for the launch of the 2025 National Month and the Fly the Jalur Gemilang campaign. He said Muar holds historical significance in the nation's journey towards independence and has produced prominent figures such as Datuk Onn Jaafar, Tan Sri Mohamed Noah Omar, and Abdul Majid Salleh. "These individuals were not only courageous but also honest in their struggle and sincere in their service to the nation. "Therefore, the selection of Johor, and Muar specifically, as the launch site for this year's National Month is no coincidence. It is a fitting tribute to our historical roots," he added.

Johor-Singapore SEZ key to Johor's economic growth says Onn Hafiz
Johor-Singapore SEZ key to Johor's economic growth says Onn Hafiz

The Sun

time3 days ago

  • Business
  • The Sun

Johor-Singapore SEZ key to Johor's economic growth says Onn Hafiz

MUAR: The Johor-Singapore Special Economic Zone (JS-SEZ) has become a cornerstone of Johor's economic progress, thanks to strong federal-state collaboration, said Menteri Besar Datuk Onn Hafiz Ghazi. He noted the state's impressive trajectory, backed by solid economic indicators. Johor recorded RM30.1 billion in approved investments for the first quarter of 2025, alongside a Gross Domestic Product (GDP) growth of 6.4%, surpassing the national average. 'This is no small feat. It proves Johor is not only a key economic driver in southern Malaysia but also among the leading states contributing to national growth,' he said during the launch of the 2025 National Month and Fly the Jalur Gemilang campaign at Dataran Tanjung Emas, here, today. Onn Hafiz expressed gratitude to Prime Minister Datuk Seri Anwar Ibrahim for his unwavering support for Johor's development. He also welcomed recent federal initiatives, including the one-off RM100 aid and proposed RON95 petrol price reduction. 'Johor remains fully aligned with federal programmes like Bakul Kasih, Jualan Kasih, and affordable housing projects,' he added. The choice of Muar as the launch venue holds historical significance, being the hometown of independence figures like Datuk Onn Jaafar and Tan Sri Mohamed Noah Omar. 'Their courage and dedication inspire us. Hosting this event here honours our roots,' he said. - Bernama

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