According to Datuk Onn Hafiz Ghazi, the one-stop center to facilitate investment in Johor is expected to be finished by the end of this year. The Johor-Singapore special economic zone (JS-SEZ) will be home to this center, which is set to be the first of its kind in the country. This investment facilitation center will be a result of collaboration between Federal and state agencies related to investment.
Onn Hafiz stated, “This center will be the first of its kind in the country. There is one located in Kuala Lumpur, but it does not have the special state and Federal government collaboration like the one here.” He expressed this during a press conference after visiting the Layang water treatment plant and Kota Masai main intake substation on Feb 12th.
The goal is to make it easier for investors to set up businesses in Johor by providing all investment needs in one place. Last month, the JS-SEZ memorandum of understanding (MoU) signing between Malaysia and Singapore outlined several initiatives aimed at developing the economic zone. These initiatives include the one-stop center, passport-free QR code clearance system on both sides, and adopting digitalized processes for cargo clearance at land checkpoints.
Onn Hafiz also mentioned that the Johor Fast Lane concept, designed to reduce red tape in council matters, is making the state more appealing to investors. This concept, which began with the Kulai Municipal Council (MPKu), has now been extended to other local councils, including Johor Baru City Council (MBJB), Iskandar Puteri City Council (MBIP), and Pasir Gudang City Council (MBPG) and MPKu.
Last year, the Johor Fast Lane facilitated the attraction of 30 investors to these four local councils, showing the positive impact of streamlining investment processes in Johor.
