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Malaysia Says Near Deal With Singapore for Special Economic Zone

Malaysia says economic zone is set to be unveiled in SeptemberMalaysia is preparing incentives for companies in zoneMalaysia said it’s near a deal with Singapore to develop Southeast Asia’s first cros

Malaysia Says Near Deal With Singapore for Special Economic Zone

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Rafizi said the signing will occur before a scheduled year-end leaders retreat involving Malaysia Prime Minister Anwar Ibrahim and Singapore Prime Minister Lawrence Wong.</p><p style=\"text-align: start;\">Malaysia finalized its proposals in May, and is waiting for Singapore to come back, Rafizi said.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1c38fac4f59cc227d655f165f8b2cd4c\" alt=\"Malaysia’s Johor state bordering Singapore is the proposed site for the economic zone\" title=\"Malaysia’s Johor state bordering Singapore is the proposed site for the economic zone\" tg-width=\"429\" tg-height=\"528\"/><span>Malaysia’s Johor state bordering Singapore is the proposed site for the economic zone</span></p><p>Both Johor and Singapore already share the world’s busiest land border. Hundreds of thousands of Malaysians living in Johor travel to Singapore for work every day.</p><p>“Malaysia is putting together fiscal incentives for companies in the SEZ, to be announced in the budget speech,” Rafizi said.</p><p style=\"text-align: start;\">The briefing by Rafizi and Onn Hafiz followed an investment forum run by the Ministry of Economy and the Johor State Government. Executives from various electronics, financial, tourism and other businesses attended the gathering.</p><p style=\"text-align: start;\">The Singapore Business Federation is due to hold a forum on the SEZ on Thursday aimed at potential investors. The forum will be attended by Singapore’s trade ministry.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Malaysia Says Near Deal With Singapore for Special Economic Zone</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Rafizi said the signing will occur before a scheduled year-end leaders retreat involving Malaysia Prime Minister Anwar Ibrahim and Singapore Prime Minister Lawrence Wong.Malaysia finalized its proposals in May, and is waiting for Singapore to come back, Rafizi said.Malaysia’s Johor state bordering Singapore is the proposed site for the economic zoneBoth Johor and Singapore already share the world’s busiest land border. Hundreds of thousands of Malaysians living in Johor travel to Singapore for work every day.“Malaysia is putting together fiscal incentives for companies in the SEZ, to be announced in the budget speech,” Rafizi said.The briefing by Rafizi and Onn Hafiz followed an investment forum run by the Ministry of Economy and the Johor State Government. Executives from various electronics, financial, tourism and other businesses attended the gathering.The Singapore Business Federation is due to hold a forum on the SEZ on Thursday aimed at potential investors. 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