Malaysia wants to make Johor 'new engine of growth'

Economy minister hopes special economic zone with Singapore boosts tech, renewables

20240110 Malaysian Economy Minister Rafizi Ramli

Malaysian Economy Minister Rafizi Ramli poses after an interview with Nikkei Asia in Kuala Lumpur on Jan. 8. (Photo by Norman Goh)

NORMAN GOH, Nikkei staff writer

KUALA LUMPUR -- Malaysia hopes the southern state of Johor will become a "new engine of growth," as the country works to develop the border area with neighbor Singapore, its economy minister said.

The two countries on Thursday signed a memorandum of understanding on a special economic zone planned for Johor, which has a population of about 4 million. Key joint initiatives include passport-free, QR code-based land border clearance, a one-stop business and investment service center, digitized cargo clearance at land checkpoints and renewable energy cooperation.

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