ISKANDAR PUTERI: Malaysia and Singapore are expected to finalise the Terms of Reference (TOR) next month for the setting up of the Johor-Singapore Special Economic Zone (SEZ).
Johor Mentri Besar Datuk Onn Hafiz Ghazi said the SEZ would be further discussed during the leaders' retreat involving Malaysia and Singapore in October.
“Matters on the SEZ will be discussed further during the leaders' retreat and will then be followed up with the TOR,” he said in reply to Andrew Chen Kah Eng at the one-day Johor assembly meeting here on Thursday .
“Johor and Singapore will cooperate more closely and complement each other for the good of the people in both countries,” he said. He said among the incentives were allowing for multiple entry visas, fast-track entry for those working from Singapore and a flat income tax rate of 15% for knowledge workers.Anwar said Johor has a uniqueness as it was next to Singapore and instead of competing with each other, Malaysia and the island republic could complement each other.
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