Special Economic Zone Johor-Singapore

I remember when I first heard about the Special Economic Zone (SEZ) Johor-Singapore, I thought it was too good to be true. A zone where businesses could operate with minimal government interference and enjoy special tax incentives? It seemed like a dream come true.

But as I learned more about the SEZ, I realized that it was more than just a pipe dream. The SEZ is a real, tangible thing that is already having a positive impact on the economies of both Johor and Singapore.

The SEZ was established in 2019 as a joint initiative between the governments of Malaysia and Singapore. The zone covers an area of 357,128 hectares and includes the Iskandar Development Region and three additional areas in Johor.

The SEZ offers a number of benefits to businesses, including:

• 100% foreign ownership
• Corporate tax exemption for up to 10 years
• Free trade zone status
• Special incentives for research and development
• Access to a skilled workforce

These benefits have already attracted a number of businesses to the SEZ, including:

• Amazon
• Alibaba
• Tencent
• Huawei
• Samsung

The SEZ is expected to create up to 20,000 jobs and generate billions of dollars in investment. It is a major economic development for both Johor and Singapore, and it is a sign of the growing economic cooperation between the two countries.

If you are a business owner looking to expand your operations, the SEZ Johor-Singapore is definitely worth considering. The zone offers a number of benefits that can help you to grow your business and succeed.

I believe that the SEZ is a game-changer for the economies of Johor and Singapore. It is a major investment in the future of both countries, and I am excited to see what the future holds for the SEZ.