{"id":86,"date":"2023-05-30T13:02:08","date_gmt":"2023-05-30T05:02:08","guid":{"rendered":"https:\/\/investinmalaysia.com\/?p=86"},"modified":"2023-05-30T13:10:02","modified_gmt":"2023-05-30T05:10:02","slug":"revving-up-the-economy-malaysia-considers-johor-singapore-economic-region","status":"publish","type":"post","link":"https:\/\/investinmalaysia.com\/index.php\/86\/business-economy\/revving-up-the-economy-malaysia-considers-johor-singapore-economic-region\/","title":{"rendered":"Revving Up the Economy: Malaysia Considers Johor-Singapore Economic Region"},"content":{"rendered":"\n<p>Malaysia&#8217;s Economy Minister, Rafizi Ramli, has sparked dialogue about bolstering the country&#8217;s economy by initiating a Johor-Singapore economic region. This strategic move is in consideration due to Johor&#8217;s significant contribution to the national economy, thanks to its advantageous location and untapped potential.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>Mr. Rafizi advocates for timely, formal discussions on this matter, emphasizing its importance during a recent engagement session on the 12th Malaysia Plan\u2019s mid-term review. However, the proposal requires approval at a Cabinet meeting before progressing to the Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia\u2019s annual meeting, scheduled for mid-July.<\/p>\n\n\n\n<p>Rafizi further highlighted Johor&#8217;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&#8217;s transition to renewable energy.<\/p>\n\n\n\n<p>Government support is evident, as seen through the recent lifting of the ban on renewable energy exports. This move is set to bolster Johor&#8217;s economic standing even further, facilitating a shift towards cleaner, sustainable energy.<\/p>\n\n\n\n<p>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&#8217;s commitment to renewable energy sources.<\/p>\n\n\n\n<div style=\"height:28px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>External Links:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.freemalaysiatoday.com\/category\/highlight\/2023\/05\/28\/malaysia-mulls-setting-up-johor-singapore-economic-region\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Free Malaysia Today<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A game-changer on the horizon: Malaysia eyes economic boost with Johor-Singapore region.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13],"tags":[16,59,11],"class_list":["post-86","post","type-post","status-publish","format-standard","hentry","category-business-economy","tag-economic-growth","tag-johor","tag-singapore"],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/posts\/86","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/comments?post=86"}],"version-history":[{"count":1,"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/posts\/86\/revisions"}],"predecessor-version":[{"id":87,"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/posts\/86\/revisions\/87"}],"wp:attachment":[{"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/media?parent=86"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/categories?post=86"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investinmalaysia.com\/index.php\/wp-json\/wp\/v2\/tags?post=86"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}