Johor-Singapore SEZ shows value of cooperation: Gan

The Deputy Prime Minister recently spoke at the JS-SEZ Joint Business and Investment Forum.

The Johor-Singapore Special Economic Zone (JS-SEZ) stands as a prime example of how like-minded governments can collaborate to navigate global trade uncertainty, particularly in light of growing protectionist moves like U.S.-imposed tariffs, Singapore’s Deputy Prime Minister Gan Kim Yong said during his keynote address at the Johor-Singapore Special Economic Zone Joint Business and Investment Forum on 21 April.

Gan said the event demonstrates how like-minded countries can work with each other to overcome challenges and unlock win-win benefits.

Gan’s remarks come at a time when the global economy is facing heightened geopolitical tensions and trade fragmentation. He warned that unilateral tariffs and other protectionist measures are disrupting global supply chains and undermining the rules-based multilateral trading system that has underpinned global growth for decades.

“At a time of significant volatility, uncertainty and anxiety in the global economy, it is even more important that we team up with like-minded countries; double down on better connectivity and ease of doing business; and join hands with businesses and investors,” Gan said

The JS-SEZ, jointly announced by Singapore and Malaysia in January, aims to facilitate seamless cross-border trade, investment, and innovation between southern Johor and Singapore. Gan said the SEZ would enhance supply chain resilience, attract new investments, and support the development of future growth sectors.

He added that both governments have been working closely to align regulations, improve connectivity, and create a conducive environment for businesses on both sides of the border.

“This way, both Singapore and Malaysia can further bridge our economies through the JS-SEZ and strengthen our supply chains, so that we can be more dynamic and resilient together, and continue to create good jobs for people of both countries and both regions across the Causeway,” Gan said.

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