Low tax rates to reel in investors


JOHOR BARU: Investors can look forward to a significant reduction in corporate income tax rate when they invest in the Johor-Singapore Special Economic Zone (JS-SEZ), says a state executive councillor.

Johor investment, trade, consumer affairs and human resources committee chairman Lee Ting Han said among the main sectors that will be promoted under the initiative are aerospace, pharmaceuticals, medical devices, artificial intelligence and quantum computing, as well as speciality chemicals.

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