Johor-Singapore has attracted $15B of Investment in Just 9 Months
The next major capital corridor isn't in China.
It's on Singapore's doorstep.
Malaysia and Singapore launched the JS-SEZ in early 2025, and $15B in approved investments landed in the first nine months alone.
- 3,500 km² spanning southern Johor and Singapore
- Nine flagship zones, including Forest City SEZ
- 5% corporate tax for up to 15 years
- 15% flat income tax for skilled workers
- Single QR border clearance with RTS link
- ByteDance, Microsoft, and DayOne committed
- Johor now hosts 50+ data centres
Singapore provides the capital, credibility, and talent. Johor provides the land, labour, and power.
Together they've built something neither could do alone.
The bottlenecks are real: power constraints, permitting speed, and cross-border friction haven't been fully solved.
The test is whether projects actually get built.
Is this ASEAN's answer to the Greater Bay Area?
It's on Singapore's doorstep.
Malaysia and Singapore launched the JS-SEZ in early 2025, and $15B in approved investments landed in the first nine months alone.
- 3,500 km² spanning southern Johor and Singapore
- Nine flagship zones, including Forest City SEZ
- 5% corporate tax for up to 15 years
- 15% flat income tax for skilled workers
- Single QR border clearance with RTS link
- ByteDance, Microsoft, and DayOne committed
- Johor now hosts 50+ data centres
Singapore provides the capital, credibility, and talent. Johor provides the land, labour, and power.
Together they've built something neither could do alone.
The bottlenecks are real: power constraints, permitting speed, and cross-border friction haven't been fully solved.
The test is whether projects actually get built.
Is this ASEAN's answer to the Greater Bay Area?
Jul 08,2026