Malaysia’s Economy Minister, Rafizi Ramli, has sparked dialogue about bolstering the country’s economy by initiating a Johor-Singapore economic region. This strategic move is in consideration due to Johor’s significant contribution to the national economy, thanks to its advantageous location and untapped potential.
The minister confirmed that preliminary discussions involving the Johor, federal, and Singapore governments have taken place, suggesting a concerted effort for this ambitious venture. Nonetheless, the idea is still in its nascent stage and awaits formal proposal status.
Mr. Rafizi advocates for timely, formal discussions on this matter, emphasizing its importance during a recent engagement session on the 12th Malaysia Plan’s mid-term review. However, the proposal requires approval at a Cabinet meeting before progressing to the Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia’s annual meeting, scheduled for mid-July.
Rafizi further highlighted Johor’s promise as a significant economic driver, especially due to its close proximity to Singapore. This geographical advantage positions Johor as a potential leader in the country’s transition to renewable energy.
Government support is evident, as seen through the recent lifting of the ban on renewable energy exports. This move is set to bolster Johor’s economic standing even further, facilitating a shift towards cleaner, sustainable energy.
A notable mention was Pengerang, forecasted to be not just a chemical and petrochemical hub, but also a frontrunner in ammonia and hydrogen energy, demonstrating Malaysia’s commitment to renewable energy sources.
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