Maybank IB: Johor-Singapore SEZ has competitive advantage in attracting fresh FDI

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Maybank IB News

Singapore,Johor,Johor-Singapore Special Economic Zone

KUALA LUMPUR, May 10 — The Johor-Singapore Special Economic Zone (SEZ) could be a formidable competitive advantage in attracting fresh foreign direct investment (FDI) from...

A trip through time at Restoran Chen Fatt in Seri Kembangan where the paper-wrapped chicken, ‘mui choy kau yoke’ are as good as ever

Maybank Investment Bank said Singapore enjoys wide and deep connectivity to global capital sources, while also serving as a gateway to the Asian markets, given unrivalled transport and trade links. “Incentive schemes covering other sectors could also be considered. This will provide additional impetus for complementary investments in Singapore and Johor, building on incentives offered by Malaysian authorities,” it said.According to Maybank IB, rising business costs in Singapore have increased the need for a hinterland, which Johor is well positioned to provide.

Average electricity tariffs in Johor are around 60 per cent lower for businesses than Singapore, and 80 per cent lower for households.

Source: News Formal (newsformal.com)

Singapore Johor Johor-Singapore Special Economic Zone

 

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