Incentives relating to the implementation of the Johor-Singapore Special Economic Zone (JS-SEZ) are expected to be announced by Prime Minister Anwar Ibrahim during Budget 2025.
Deputy Prime Minister Ahmad Zahid Hamidi said the matter would be discussed by the cabinet soon.
“Johor Menteri Besar 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.
“I will convey the message to the prime minister tomorrow.
“If appropriate, he may announce the JS-SEZ incentives during the upcoming budget presentation,” Zahid said.
He was speaking during a press conference after launching the Halal on Track@Johor programme at the Persada Johor International Convention Centre in Johor Bahru today.
In his speech at the event, Zahid suggested that the country’s local halal product entrepreneurs take advantage of China’s domestic market with 1.4 billion people.
“During a recent visit to China, their premier and deputy premier suggested that Malaysia’s halal products be marketed in the republic either through Fortune 500 companies or other companies.
“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.
Meanwhile, Onn Hafiz in his welcoming speech said among the industries that the state and federal governments are focusing on through JS-SEZ is the halal industry.
“The agreement between Malaysia and Singapore regarding the JS-SEZ will be signed soon, expected in September this year.
“I would like to report that Johor also has Iskandar Halal Park covering an area of 4.04 hectares, with 70 percent of it occupied by entrepreneurs, while the remaining 30 percent will be filled.
“We also plan to further expand this area in the future,” he said.
- Bernama
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