PUTRAJAYA, Jan 31 — The government has begun the process for a Johor-Singapore special economic zone (SEZ), Communications Minister Fahmi Fadzil said.
He said the federal government will meet with the Johor state administration to coordinate matters on the initiative.
“The first meeting will probably be taking place sometime very soon,” he said.
Fahmi said the meetings will involve the Economy Ministry and the Investment, Trade and Industry Ministry.
On January 11, Malaysia and Singapore signed a memorandum of understanding to implement the SEZ to foster stronger business connections and improve connectivity between the two countries, as the South-east Asian region strives to counter a global economic slowdown.
In July last year, a special task force was set up by Putrajaya to study the implementation of the SEZ after Economy Minister Rafizi Ramli proposed the idea.