It includes a 5% corporate tax rate for up to 15 years for companies in advanced sectors. The Johor State Government and Malaysia’s Ministry of Finance (MoF) have announced a tax incentive package for the newly established Johor-Singapore Special Economic Zone (JS-SEZ),

Malaysia and Singapore announced on Tuesday an agreement on a special economic zone in the southern Malaysian state of Johor, aiming to support investment and free up movement of goods and people between the countries.

In an interview with CNA, he shares the rationale behind some decisions regarding the Johor-Singapore Special Economic Zone and how the project aligns with his country’s vision.