Incentives for JS-SEZ expected to be announced in budget 2025

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Incentives for JS-SEZ expected to be announced in budget 2025
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JOHOR BAHRU: Incentives relating to the implementation of the Johor-Singapore Special Economic Zone (JS-SEZ) are expected to be announced by Prime Min...

: Incentives relating to the implementation of the Johor-Singapore Special Economic Zone are expected to be announced by Prime Minister Datuk Seri Anwar Ibrahim during Budget 2025.

“Johor Menteri Besar Datuk Onn Hafiz Ghazi asked about the incentives in conjunction with JS-SEZ and among his requests is a tax holiday...perhaps that could be considered. In his speech at the event, Ahmad Zahid suggested that the country’s local halal product entrepreneurs take advantage of China’s domestic market involving a total of 1.4 billion people.

“This is because halal products are not only suitable for the Muslim community but because their content, process and cleanliness go through scientific tests, they are also accepted by non-Muslims in the country,“ he said.

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