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The Big Story: Can the Johor-Singapore Special Economic Zone live up to its targets?
After many years of delays, Malaysia and Singapore have signed a deal to establish the Johor-Singapore Special Economic Zone (JS-SEZ).This comes as the two nations seek to develop a new economic growth area centered on one of the busiest land crossings in the world. Modelled after China’s Shenzhen Special Economic Zone, the JS-SEZ will provide tax breaks and ease the transit of goods and people between Johor and Singapore, which are separated by a 1km causeway. The target of this agreement is to hit 100 projects in the first 10 years, creating 20,000 skilled jobs for people on both…
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