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- The government is targeting 50 high-impact projects in the JS-SEZ within the next five years and 100 projects over the next 10 years, while creating at least 20,000 high-skilled job opportunities over the next decade.
KUALA LUMPUR (Oct 28): The study on the Johor-Singapore Special Economic Zone (JS-SEZ) action plan, which focuses on investment development in the area, is expected to be completed in the first quarter of 2026 (1Q2026).
Deputy Economy Minister Datuk Hanifah Hajar Taib said the government is targeting 50 high-impact projects in the JS-SEZ within the next five years and 100 projects over the next 10 years, while creating at least 20,000 high-skilled job opportunities over the next decade.
“To that end, the government is conducting the JS-SEZ action plan study to focus on investment development and related data in the area,” she said during a question-and-answer session in the Dewan Rakyat on Tuesday.
Hanifah said this in her reply to a supplementary question from Jimmy Puah Wee Tse (Pakatan Harapan-Tebrau) on the government’s approach and strategies to ensure that the local entrepreneurs would benefit from economic and investment opportunities in the JS-SEZ.
In response to Puah’s question on approved investments in the JS-SEZ, she said that according to the data from the Malaysian Investment Development Authority (Mida), total approved investments for the first half of 2025 amounted to RM37.1 billion.
Of the total, RM24 billion was invested in the services sector such as information and communications technology, while RM13 billion was invested in the manufacturing sector such as petroleum and petrochemical products.
“The top three investing countries in the JS-SEZ are Singapore (RM28.5 billion), Italy (RM2.9 billion) and China (RM700 million).
“As of Sept 30, the Invest Malaysia Facilitation Centre Johor had facilitated 808 enquiries from foreign and domestic investors, including 11 potential projects or investments worth RM1.3 billion through collaboration with the Economic Development Board and Enterprise Singapore,” she added.
As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.
