Greater JB can spur Malaysia’s economic growth, says Chin Tong

Greater JB can spur Malaysia’s economic growth, says Chin Tong

Deputy investment, trade and industry minister Liew Chin Tong says the region is set to become a key contributor to the nation’s economic resurgence.

Liew Chin Tong said past animosity and competition have simmered down, paving the way for closer ties between Malaysia and Singapore.
PETALING JAYA:
Greater Johor Bahru is poised to be a nucleus of growth and development to power Malaysia’s second economic take-off, says deputy investment, trade and industry minister Liew Chin Tong.

In an interview with The Edge, Liew placed importance on the instrumental role the region can play in igniting the nation’s economic resurgence as the second metropolitan region.

“In the current scenario, global focus has shifted from a ‘just-in-time’ approach to a ‘just-in-case’ strategy, transitioning from merely focusing on economic efficiency and reduced production costs to prioritising economic stability.

“The prevailing emphasis is now on establishing shorter and more secure supply chains. Under these circumstances, Greater Johor Bahru emerges as a viable production hub for Singapore.

“Investors channelling their funds into Singapore are now insisting on having their manufacturing units located within a few hours of flight distance. Conveniently, Johor meets this criterion, being easily accessible by road in a short span of time,” Liew said.

Liew said the upcoming Johor Bahru-Singapore Rapid Transit System (RTS), set to be completed by 2027, is a step in the right direction to facilitate easier commuting between the two areas.

“This marks a promising beginning in enhancing the ease of commuting, yet the initiatives shouldn’t stop there. Further strides need to be taken to streamline immigration checks through modern technology and expedited processes.

“Special provisions should be established for Malaysian and Singaporean passport holders, or at the very least for individuals who frequently use the border crossings, to facilitate quicker and hassle-free border movements,” he said.

Liew added that the dynamics between Malaysia and Singapore have changed for the better, stating that past animosity and competition have simmered down, paving the way for more cooperative relationships between today’s leaders.

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