Malaysia Plans Massive "Shenzhen of Southeast Asia" Special Economic Zone

Malaysia  Plans Massive "Shenzhen of Southeast Asia" Special Economic Zone

Malaysia's Johor state is proposing its economic and petrochemical hubs for a giant special economic zone (SEZ) in collaboration with neighboring Singapore. This ambitious project aims to establish Johor as the "Shenzhen of Southeast Asia," according to a Star report.

Key Details of the Johor-Singapore Special Economic Zone

  • Location: The proposed zone encompasses Iskandar Malaysia and Pengerang on Johor's east coast, with a total area of 3,505 square kilometers – nearly double the size of China's renowned Shenzhen.
  • Timeline: An agreement between the two countries was reached in January 2024, with Malaysia aiming to finalize and sign a pact by year-end. Official discussions are expected to begin in June 2024.
  • Sectors: The zone will focus on 16 economic sectors, including electronics, manufacturing, healthcare, and tourism.

What Johor and Singapore Aim to Achieve

This joint economic zone initiative seeks to transform Johor into the region's equivalent of Shenzhen, capitalizing on geographical similarities between the areas.

Components of the Proposed Zone

  • Iskandar Malaysia: Established in 2006, this 2,217 square kilometer economic corridor encompasses Johor's key infrastructure and real estate projects, including Johor Bahru city center and Forest City.
  • Pengerang: This area is known for the Pengerang Integrated Petroleum Complex, a major petrochemical facility that includes the Pengerang Energy Complex being developed by Singapore's ChemOne Holdings.
Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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