Despite optimism on the part of both Singapore and Johor governments, industry players remain sceptical about the lack of digital and public infrastructure, skilled labour, as well as policy inconsistency in the SEZ project.
The Singapore business community has identified the lack of skilled labour, the need for unhindered movement of labour and goods, and investment support as key areas that policymakers need to address if the newly launched Johor-Singapore Special Economic Zone (SEZ) is to be successful.
These findings were shared at JS-SEZ Joint Investor Forum on July 11 in Singapore, which was organised by the Singapore Business Federation (SBF).
At the forum, the Singapore Business Working Group (SBWG) released a set of recommendations for the SEZ. SBWG was set up to gather feedback from the business community in Singapore around the SEZ.
The proposal will be shared with the Singapore government ahead of the upcoming meeting between the two governments. The research was conducted by SBF across 160 businesses.
The SEZ was announced by the governments of Singapore and Johor in January to facilitate free movement of goods and people between the two states.
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