Malaysia Says Near Singapore Deal for Special Economic Zone
- Malaysia says economic zone is set to be unveiled in September
- Malaysia is preparing incentives for companies in zone
This article is for subscribers only.
Malaysia said it’s near a deal with Singapore to develop Southeast Asia’s first cross-border special economic zone, which the countries hope will lure new investment and spur growth.
“We have gone into some final legwork,” Economy Minister Rafizi Ramli, who is representing Malaysia in bilateral talks with Singapore, said at a briefing in Kuala Lumpur on Wednesday. “Both sides should be able to sign a deal” and unveil the zone in September.