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Singapore-Based Companies Pledge Over SGD 5.5 Billion Investment, Johor–Singapore Economic Zone Development Advances Steadily
Published Time：
2025-12-04 09:53
Source：
Since its official launch in January this year, the Johor–Singapore Economic Zone has continued to gain momentum. From January 2024 to the present, Singapore‑based companies have pledged over SGD 5.5 billion in investment in the economic zone, injecting strong impetus into regional cooperation and economic growth. Singapore’s Prime Minister Lawrence Wong and Malaysia’s Prime Minister Anwar Ibrahim met on December 4 at a hotel in Singapore for the annual informal Singapore–Malaysia Leaders’ Summit. Both leaders expressed their appreciation for the positive progress of the economic zone, underscoring their commitment to deepen bilateral cooperation and elevate Singapore–Malaysia relations to new heights.
During the meeting, officials from both countries engaged in in‑depth dialogue on the development of the economic zone, bilateral cooperation mechanisms, and regional economic trends. Prime Minister highlighted the significant potential of the Johor–Singapore Economic Zone, which is expected to drive growth across multiple key sectors — including manufacturing, logistics, food security, the green economy, energy, and the digital economy — and create approximately 20,000 high‑skilled jobs within the zone. He said these opportunities would benefit businesses and communities across the region. Prime Minister described the zone’s preliminary results as “surprisingly positive,” noting that investment growth in Johor has surpassed that of Penang for the first time. He said this reflects the business community’s confidence in the zone’s outlook, and underscores the achievements made possible by mutual trust and cooperation between Singapore and Malaysia.
The leaders also announced that the existing Iskandar Malaysia Joint Ministerial Committee will be upgraded to a more comprehensive Johor–Singapore Cooperation Ministerial Committee, aimed at strengthening strategic coordination and overseeing priority projects under the economic zone. Additionally, both sides agreed to establish new working groups to further drive cooperation in areas such as economic development and transportation. The leaders reaffirmed their commitment to close collaboration in order to ensure that the wider regional community remains cohesive and future‑oriented amid a complex geopolitical environment.
As the Johor–Singapore Economic Zone continues to advance, demand for cross‑border investment, company formation, and compliance support has risen sharply — as has the need for professional services across the region. FOZL Group leverages its presence in Singapore, Malaysia, Indonesia and other jurisdictions to offer one‑stop corporate services, covering company registration, corporate secretarial services, auditing, tax planning and filing, as well as employment pass applications and related immigration support. With deep expertise in regional regulations and business environments, the Group enables companies establishing or operating across multiple jurisdictions to receive timely, professional support — effectively reducing compliance risk and enhancing cross‑border operational efficiency. Its multi‑jurisdictional footprint allows FOZL to help businesses capitalise on the policy incentives and market opportunities arising from the Johor–Singapore Economic Zone, supporting steady and sustainable regional expansion and business development.
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