Iskandar Investment Bhd Drives Success of Johor-Singapore Special Economic Zone
Iskandar Investment Bhd (IIB) has reiterated its commitment to the Johor-Singapore Special Economic Zone (JS-SEZ), aiming to make Johor a premier investment destination in Southeast Asia. Collaborating with government agencies and international stakeholders, IIB is prioritizing strategic investments, infrastructure development, and sustainability as core pillars of the initiative.
Datuk Idzham Mohd Hashim, IIB’s president and CEO, emphasized the transformative potential of the JS-SEZ in positioning Iskandar Puteri as a hub of regional innovation and growth.
Transforming Johor into a Thriving Economic Powerhouse
IIB is spearheading key projects within the JS-SEZ that align with its vision of creating inclusive, dynamic opportunities for businesses and communities:
1. Medini International Convention City (MICC)
- A state-of-the-art infrastructure designed for global business engagements.
- Positioned to attract international events, conferences, and investors to Iskandar Puteri.
2. Tech Medini
- A dedicated hub for entrepreneurship and skill development, particularly targeting youth empowerment.
- Aims to solidify Iskandar Puteri as a prime destination for tech-driven innovation and talent cultivation.
3. Sustainability and Regional Leadership
IIB’s strategies align with Malaysia’s 2025 ASEAN chairmanship theme of Inclusivity and Sustainability, leveraging regional cooperation to foster economic resilience.
Incentives Driving the JS-SEZ Growth
Malaysia’s Ministry of Finance recently introduced an attractive package of incentives for investors in the JS-SEZ, including:
- Special Tax Rate: A reduced 5% corporate tax rate for up to 15 years for companies investing in sectors such as artificial intelligence, quantum computing, medical devices, aerospace manufacturing, and global service hubs.
- Entertainment Duty Reductions: Starting Jan 1, the Johor government will implement lower entertainment duties to enhance the SEZ’s appeal.
These incentives reflect a joint commitment by Malaysia and Singapore to deepen trade connectivity, drive technology transfer, and spur growth across key sectors.
Why Iskandar Puteri is Poised for Success
With its strategic location, cutting-edge infrastructure, and business-friendly environment, Iskandar Puteri is uniquely positioned to lead Johor’s economic transformation:
- Cross-Border Synergy: The JS-SEZ agreement between Malaysia and Singapore facilitates enhanced trade and collaboration.
- Innovation Hub: Investments in advanced manufacturing, tech, and green initiatives solidify the region’s role as a leader in ASEAN’s sustainable growth.
A Vision for the Future
As the Johor-Singapore SEZ continues to evolve, IIB’s focus on fostering partnerships and driving innovation will play a pivotal role in shaping the economic future of the region. The SEZ offers unparalleled opportunities for businesses and communities, reinforcing Johor’s status as a cornerstone of ASEAN’s economic integration.
With initiatives like Tech Medini, world-class facilities like MICC, and targeted incentives for key industries, the Johor-Singapore SEZ represents a bold vision for a sustainable, resilient, and innovative Southeast Asia.
