The proposed Johor-Singapore Special Economic Zone (JS-SEZ) is expected to have a great impact on various industries, such as data centre, electronics and renewable energy, according to DBS research. The JS-SEZ was first announced during the 10th Singapore-Malaysia Leaders’ Retreat in October, and a memorandum of understanding was signed by both countries in January to work on a full-fledged agreement for the zone. The proposed JS-SEZ will be located in Malaysia’s Iskandar region, covering six districts with a total area of 3,505 sq km.
Under the JS-SEZ, initiatives such as special tax arrangements, training incentives, and passport-free clearance for smoother travel are being explored. The data centre sector is expected to benefit greatly from the proposed zone, in turn benefiting firms in technology services as well. DC Byte’s 2024 Global Data Centre Index has ranked Johor as the fastest-growing data centre in Southeast Asia. The state’s electrical and electronics sector, …