Johor-Singapore SEZ to pump up more jobs, push commercial activities?
Maybank IB expects the new development to attract a larger population and become the catalyst for property demand such as residential and commercial properties.
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) is upbeat on Johor-Singapore special economic zone (JSSEZ) in Iskandar Malaysia as it is expected to pump up more job opportunities and propel commercial activities in the area.
Maybank IB expects the new development to attract a larger population and become the catalyst for property demand such as residential and commercial properties.
This is following the surge of population that require housing and this could potentially facilitate developer's unsold stocks.
Maybank IB said this is pivotal especially within the high-rise residential segment.
"Key beneficiaries of this potential development include UEM Sunrise Bhd, Sunway Bhd, Eastern and Oriental Bhd, Eco World Development Group Bhd and AME Elite Consortium Bhd," it said.
The firm said the new development was revealed after the Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia (JMCIM) agreed to study the establishment of a JSSEZ to drive economic growth and enhance economic connectivity.
Maybank IB said a special task force will be established to study JSSEZ to outline the terms of reference and broad areas of collaboration.
"JSSEZ will build on the foundation set by the various work groups to drive sustainable growth, develop human capital and improve infrastructure and connectivity," it said.
The special task force will be led by the Ministry of Trade and Industry from Singapore and the Ministry of Economy from Malaysia with the support of relevant government agencies from both countries.
The special task force will provide a progress update at the 10th Singapore-Malaysia Leaders' Retreat to be held in Singapore later this year.
https://www.nst.com.my/business/2023/07/931840/johor-singapore-sez-pump-more-jobs-push-commercial-activities%C2%A0
Singapore Investment
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
The Art of Being Patient3 days ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Portfolio Summary for June 20256 days ago
-
-
-
Portfolio (June 30, 2025)6 days ago
-
Portfolio (June 30, 2025)6 days ago
-
-
-
-
-
Month of June 20256 days ago
-
June 2025 Updates6 days ago
-
-
-
-
Batisht crazy!1 week ago
-
-
Will SORA crash to 1 per cent?1 week ago
-
-
Hello world!1 week ago
-
Cut back some exposure1 week ago
-
-
-
Buying an overseas home for retirement2 weeks ago
-
-
8 tips for house moving2 weeks ago
-
-
-
-
-
-
-
-
-
-
-
-
-
May 2025 Portfolio5 weeks ago
-
-
-
Thakral - Gem life deal finally coming?5 weeks ago
-
-
-
-
Clarity1 month ago
-
The Trump Tariffs1 month ago
-
Selling HRnet and Fiverr1 month ago
-
-
-
-
Ignore the noise and be calm2 months ago
-
-
-
-
FAQ on Quantitative Investing Part 22 months ago
-
-
-
-
Crossing the 300k Mark [in a volatile period]3 months ago
-
-
-
-
-
-
-
-
ETF vs Mutual Fund: Which is Better?5 months ago
-
-
-
-
-
Arigato Everyone! A Decade of Blogging!6 months ago
-
Top 10 Highlights of 20246 months ago
-
-
-
Union Square Residences8 months ago
-
-
-
STI ETF9 months ago
-
-
-
Unibet Casino Bonus Codes 202410 months ago
-
-
-
-
The Stigma against Early Retirement (FIRE)11 months ago
-
Monthly IBKR Update – June 202411 months ago
-
-
-
-
-
-
-
-
-
Feb 2024 Expenditure1 year ago
-
-
-
-
-
-
-
Monthly Summary of November 20231 year ago
-
Migration of website1 year ago
-
-
-
-
-
-
Hello SP Group, I'm Back!2 years ago
-
-
-
A New Light2 years ago
-
-
-
-
-
2022 Thoughts, Hello 2023!2 years ago
-
Series of Defaults for Maple Finance2 years ago
-
Takeaways from “Sea Change”2 years ago
-
Greed is Coming Back2 years ago
-
-
-
-
-
-
-
-
What is Overemployment3 years ago
-
Terra Hill Condo (former Flynn Park)3 years ago
-
Alibaba VS Tencent: The Battle Royale3 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-