CLMT will also enter into a long-term lease agreement of seven years with a tenant for one of the three properties.
Manufacturing, logistics and the digital economy can benefit from the new zone. Read more at straitstimes.com.
The project is intended to bring together Malaysia’s land and labor with Singaporean finance and investment.
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By combining Singapore’s innovation ecosystem with Johor’s physical capacity, the JS-SEZ has the potential to reshape the region’s AI and data infrastructure landscape.