JS-SEZ deal expected to be finalised by end-2024

The introduction of the Urban Redevelopment Act (URA) is expected to benefit the Johor-Singapore Special Economic Zone (JS-SEZ) by redeveloping old and abandoned buildings.

PETALING JAYA: The Johor-Singapore Special Economic Zone (JS-SEZ) agreement is expected to be concluded by year-end, following extensive negotiations between the Malaysian and Singaporean governments.

In terms of the timeline, the governments of both nations will be finalising and refining the agreement during a workshop retreat scheduled from Aug 28 to Aug 30.