Johor has strengthened its position as a regional growth hub with RM98.9 billion in investments under the Johor-Singapore Special Economic Zone (JS-SEZ) through new proposals for the future of the region’s economy.
Johor Menteri Besar Datuk Onn Hafiz Ghazi announced investments of RM48.5 billion in 2024, an additional RM27.4 billion in the first quarter of 2025 and RM23 billion for planned projects.
Onn Hafiz also announced two new major proposals, namely the Johor Regulatory Sandbox and the ASEAN Industrial Park to strengthen Johor’s innovation and regional cooperation.
The Regulatory Sandbox project will provide a controlled space to test innovations in the fields of smart logistics technology, green technology, autonomous technology and financial technology.
Furthermore, the ASEAN Industrial Park targets strategic investments by Regional Comprehensive Economic Partnership (RCEP) member countries in the digital economy and green technology.
He added that these two strategic moves have made JS-SEZ a leading investment destination in Southeast Asia.
For more stable investments, the Johor government decided to launch the Johor Malaysian Investment Facilitation Centre (IMFC-J) and the Johor Super Lane (JSL) initiative.
Overall, the reforms have shortened the investment processing time from 24 months to less than a year.
