JOHOR BARU: The Johor-Singapore Special Economic Zone (JS-SEZ) has attracted RM88.83 billion in approved investments, with RM40.3 billion already implemented.
It is an early indication of the cross-border economic initiative's ability to translate investment commitments into economic activity.
The investments, approved between January last year and June this year under the purview of the Malaysian Investment Development Authority (MIDA), were associated with 12,796 jobs from projects already implemented.
The overall investment pipeline is expected to generate 28,755 potential employment opportunities, according to a joint statement issued after the inaugural Johor-Singapore Cooperation Ministerial Committee (JSCMC) meeting in Singapore yesterday.
