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He noted that various energy projects across Malaysia are set to increase production capabilities. “Taken together with energy-focused initiatives in all states, we are confident of a surplus of energy that feeds developments such as the JS-SEZ, while also allowing for growth in our energy exports,” he stated.
The zone is targeting industries such as manufacturing, electronics, and textiles, aiming to leverage its strategic location and favorable trade policies to draw international companies looking to expand in Southeast Asia.
The proposals, submitted to the Ministry of Economic Affairs, outline ambitious plans to designate strategic areas across the archipelago as SEZs, each tailored to capitalize on unique regional strengths and economic potentials.
Located strategically adjacent to the Singaporean border, the proposed SEZ envisions a bustling hub for businesses across various sectors.
This move comes at a crucial time, as violence between ethnic rebel groups and the junta continues to escalate in Myanmar's western Rakhine state.