Johor-Singapore Special Economic Zone | CIMB Malaysia

What is JS-SEZ?

The Johor-Singapore Special Economic Zone (JS-SEZ) is a strategic economic collaboration between Malaysia and Singapore, launched on 7 January 2025. It aims to enhance cross-border trade, investment, and business connectivity by combining Johor’s industrial strength with Singapore’s financial and logistical expertise.

The JS-SEZ focuses on high-impact sectors and well-defined flagship zones to attract investment, stimulate economic activity, and position the region as a leading business hub in Southeast Asia.

Manufacturing

Promoting high-value manufacturing activities, including advanced materials, semiconductors, and precision engineering.
Logistics

Strengthening supply chain connectivity and trade facilitation between Malaysia and Singapore.
Food

Encouraging investment in food processing,

agri-tech, and sustainable food production.
Tourism

Enhancing cross-border tourism infrastructure and services.
Energy

Supporting renewable energy development and energy-efficient infrastructure.
Digital Economy

Building smart city infrastructure and promoting tech-based businesses, including AI and fintech.
Green Economy

Fostering sustainable practices, including green financing and eco-friendly manufacturing.
Financial Services

Establishing a competitive financial ecosystem, including cross-border banking and investment opportunities.
Business Services

Facilitating professional services, including legal, consulting, and trade advisory.
Education

Developing knowledge hubs and vocational training centers to build a skilled workforce.
Health

Enhancing healthcare facilities and medical tourism offerings.

As businesses expand across borders, partnering with the right bank is key to unlocking growth opportunities within the Johor-Singapore Special Economic Zone (JS-SEZ).

Tax Benefits

Companies operating in the JS-SEZ can benefit from tax incentives, including preferential corporate tax rates for high-growth sectors and a special personal income tax rate introduced by the Ministry of Finance.

Infrastructure Support

The Malaysian government will create a dedicated fund to support infrastructure projects, while Singapore will offer financial assistance to help Singaporean businesses expand within the JS-SEZ.

Invest Malaysia Facilitation Centre – Johor (IMFC-J)

This centre serves as a one-stop hub for facilitating investments by streamlining processes and expediting approvals.

Strategic Hub

JS-SEZ offers strong regional and global connectivity, allowing goods produced within the zone to be exported efficiently through both Singapore and Johor.

Enhanced Passes

Malaysia’s existing visa options, such as the DE Rantau Nomad Pass, will be improved to facilitate easier access and mobility for business professionals.

Pioneer Status (PS) and Investment Tax Allowance

Companies can benefit from a five-year partial income tax exemption under the Pioneer Status and a 60% allowance on qualifying capital expenditures through the Investment Tax Allowance.

The JS-SEZ encompasses nine key development zones in Johor, each positioned to leverage strategic advantages and drive sectoral growth:

Johor Baru City Centre
Iskandar Puteri
Tanjung Pelepas-Tanjung Bin
Pasir Gudang
Senai-Skudai
Sedenak
Forest City
Pengerang Integrated Petroleum Complex (PIPC)
Desaru

Be Part of This Economic Transformation

At CIMB, we are committed to helping businesses capitalize on the opportunities within the JS-SEZ.

Business Prospecting and Feasibility

CIMB provides a comprehensive value chain ecosystem, connecting investors with key stakeholders to facilitate infrastructure setup and ensure smooth navigation through regulatory and administrative processes.

Scaling Up and Growth

CIMB delivers tailored banking solutions to support business digitalization and sustainability initiatives, along with value-added services such as financial advisory and payroll management solutions.

If you have any queries on how we can support your cross-border growth between Singapore and Malaysia, feel free to reach out to us.

Speak to us today!

Onboarding with CIMB

We provide competitive and efficient solutions designed to support your cross-border ambitions between Singapore and Malaysia. With our dedicated team and tailored services, we’re committed to driving your business forward in today’s dynamic global market.

CIMB Business Current Account/-i

CIMB offers a streamlined process for opening new business accounts in both countries, with personalized assistance from our dedicated SEZ specialists to ensure your convenience.

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Remittance & Foreign Currency Exchange

Manage your cross-border remittances and settlements seamlessly with BizChannel@CIMB, while monitoring real-time FX rates with the Live Function.

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Banking and Advisory Support

Our dedicated teams in both Singapore and Malaysia are here to provide expert banking and advisory support tailored to your business needs.

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Trade Finance and Guaranteed Support

Access our solutions to facilitate your local and international trade transactions, along with the support you need for banker’s guarantees.

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Tailored Financing Solutions

CIMB BizReady offers an all-in-one solution that is tailored to Small and Medium Enterprises (SMEs) to help businesses thrive and grow from financial assistance to strategic partnerships.

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CIMB@Work

Digitalise your company transaction in order to have a systematic book-keeping and pay your employees consistently on time or even same date every month.

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CIMB offers an expedited onboarding process through the ASEAN Financial Passport.

Experience hassle-free banking across ASEAN with seamless information sharing throughout our regional network. Our integrated system allows your data to be securely shared across our offices, ensuring a smooth and efficient banking experience without the need to resubmit documents.

Enjoy a seamless onboarding experience into JS-SEZ with CIMB’s dedicated support and cross-border expertise:

Six Dedicated CIMB Branches staffed with 30 trained bankers from Malaysia and Singapore.
First physical CIMB branch in Forest City, conveniently located near IMFC-J.
Two weekend-operating CIMB branches for enhanced banking flexibility and convenience.

Click here to view participating CIMB branches

Forest City

Address

Lot No.F-02-17A, Fisherman Wharf, Mahkota Selatan, Jalan Forest City 1, Pulau Satu, 81550 Gelang Patah, Johor

Contact Number

Tel 03-62047788

Branch Operating Hours

Monday - Thursday: 9:15am - 4:30pm

Friday: 9:15am - 4:00pm

> Get Directions

Bangunan UMNO Johor Bahru

Address

Tingkat Bawah Bangunan UMNO, 51, Jalan Segget, Peti Surat 47, 80000 Johor Bharu, Johor

Contact Number

Tel 03-62047788

Branch Operating Hours

Monday - Thursday: 9:15am - 4:30pm

Friday: 9:15am - 4:00pm

Saturday: 9:15am - 4:30pm

> Get Directions

Jalan Kuning Dua

Address

75, Jalan Kuning Dua, Taman Pelangi, 80400 Johor Bharu, Johor

Contact Number

Tel 03-62047788

Branch Operating Hours

Monday - Thursday: 9:15am - 4:30pm

Friday: 9:15am - 4:00pm

Saturday: 9:15am - 4:30pm

> Get Directions

Bandar Baru Permas Jaya

Address

39&41, Jalan Permas 10/2, Bandar Baru Permas Jaya, 81750 Johor Bahru, Johor

Contact Number

Tel 03-62047788

Branch Operating Hours

Monday - Thursday: 9:15am - 4:30pm

Friday: 9:15am - 4:00pm

> Get Directions

Southkey

Address

Ground Floor, Block B Komersil Southkey Mozek, Persiaran Southkey 1, Kota Southkey, 80150 Johor Bahru, Johor

Contact Number

Tel 03-62047788

Branch Operating Hours

Monday - Thursday: 9:15am - 4:30pm

Friday: 9:15am - 4:00pmm

> Get Directions

Nusa Bestari

Address

No 165 & 167, Jalan NB2 2/2 Taman Nusa Bistari 2, 81300 Skudai, Johor

Contact Number

Tel 03-62047788

Branch Operating Hours

Monday - Thursday: 9:15am - 4:30pm

Friday: 9:15am - 4:00pm

> Get Directions

e-Seminar - Coming Soon!

We’re excited to introduce our upcoming e-seminar series, featuring insights from experts on key topics surrounding JS-SEZ. These sessions are designed to expand your knowledge and help you make informed decisions for your business.

Stay tuned for more updates, and if you would like to be invited to future e-seminars, leave your contact details with us!

Register Now

SME Bank of the Year - CIMB Malaysia

Qorus Reinvention Awards – Asia Pacific 2024

The SME Bank of the Year award is a strong tribute to CIMB’s SME Banking which supports 500,000 SMEs across Malaysia through a suite of products, services and platforms that not only focus on financing but include debt restructuring, expedited financing approvals, rewards for sustainable practices while empowering business owners with essential skills.

Speak to us today!

Speak to us today!

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