PM Anwar suggests that Johor’s special zones, particularly those involving Singapore, could propel its economy ahead of other Malaysian states.

Malaysian Prime Minister Anwar Ibrahim predicts that Johor’s economy could surpass that of other Malaysian states within the next one to two years, driven by impactful initiatives such as the Johor-Singapore Special Economic Zone (SEZ) and the establishment of a special financial zone in Forest City. Anwar expressed his optimism during a Madani Aidilfitri 2024 celebration in Johor Bahru, emphasizing that these projects, while still in formulation, will accelerate economic growth in the region. The Johor-Singapore SEZ, outlined in a Memorandum of Understanding signed between the two countries in January, aims to enhance cross-border economic connectivity by facilitating the flow of goods and people. Additionally, discussions include the implementation of a passport-free clearance system along the border. Furthermore, Anwar announced in August of the previous year that Forest City, a project in Johor, would be designated as a special financial zone to stimulate economic development in the Iskandar Malaysia region.

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