Commercial operators will also study the feasibility of a new ferry service between Tuas in Singapore and Puteri Harbour in Johor.
SINGAPORE: Singapore and Malaysia will set up a task force to study the setting up of a special economic zone in Johor and are one step closer to launching a new ferry service between Tuas in Singapore and Puteri Harbour in Johor.
“But it will bring tangible benefits in terms of jobs, livelihoods and better lives for both people living in Johor and Singapore.” Johor recorded RM70.6 billion worth of foreign investments in 2022, across various sectors including electrical and electronics, medical equipment, food manufacturing and data centres.
Last year, the committee said a transportation workgroup will study how to improve cross-border connectivity for pedestrians and cyclists and the feasibility of a new ferry service between Tuas and Puteri Harbour. Special economic zones refer to geographically delimited areas within a country’s borders that offer well-developed industrial spaces with special legal regimes, rules, institutional environments and incentives.
“But the JMCIM doesn’t start from a blank canvas … Many workgroups have done very good work, whether it’s on transport connectivity for the people, innovation, business ecosystem, environment, tourism, technical and skills training and all that,” Mr Lee said.The special economic zone was first mooted by Malaysia’s Economy Minister Rafizi Ramli, who said in May that the Malaysian government had discussed the idea with Singapore but that it had yet to be formalised.
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