Iskandar Malaysia dijangka menjadi penerima limpahan pelabur asing dari Singapura kerana negara pulau itu telah mengubah dasar dan strateginya ke arah ekonomi berasaskan pengetahuan tinggi.
Ketua Pegawai Eksekutif Iskandar Investment Bhd. (IIB), Datuk Syed Mohamed Syed Ibrahim berkata, perubahan itu akan menguntungkan Iskandar Malaysia kerana pelabur berkenaan masih mahu kekal dalam industri yang telah diceburinya dan tidak mungkin dapat kekal di Singapura.
''Sudah tentu Iskandar Malaysia bakal menjadi sandaran baharu kepada pelabur-pelabur sedia ada di Singapura dan saya percaya ia adalah satu bonus kepada kami.
Datuk Seri najib Tun Razak berkata Malaysia dan Singapura kini sedang mengkaji kemungkinan mengembangkan skop cadangan Sistem Transit Pantas (RTS) antara Singapura dan Johor Bahru yang akan turut memasukkan hubungan jalan bawah tanah antara kedua-dua negara.
Perdana Menteri berkata, satu kajian telah ditauliahkan bagi mendapatkan opsyen paling berdaya maju bagi projek RTS itu, yang disasarkan beroperasi menjelang 2018.
Malaysia is proposing to sell electricity to Singapore in an initiative that will be spearheaded by private companies.
Prime Minister Datuk Seri Najib Razak said that both countries were working on a framework on this matter.
Apart from selling electricity , Najib and his counterpart Lee Hsein Loong , who was in the country for a leader's retreat, also discussed the possible cooperation in aviation and support services between Senai International Airport in Johor and Singapore's Changi International Airport.
"The exploration of new possibilities, will enhance bilateral ties," he said during a joint press conference here.
The Prime Ministers of Malaysia and Singapore have agreed that the Joint Ministerial Committee for Iskandar Malaysia should explore more ways to enhance collaboration in the economic region in Johor for the mutual benefit of both sides.
The agreement was reached during discussions between Singapore Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak at their third leaders' retreat at the Malaysian administrative capital of Putrajaya on Thursday.
At a news conference after their meeting, both leaders said they have directed that a new workgroup on industrial cooperation be formed under the Joint Ministerial Committee. The aim is to promote mutually beneficial twinning of economic activities between Iskandar Malaysia and Singapore.
The Prime Ministers of Malaysia and Singapore have discussed the possibility of Malaysia selling electricity to Singapore.
This was announced by Malaysian Prime Minister Najib Razak during a joint news conference with his Singapore counterpart Mr Lee Hsien Loong at the end of the third leaders' retreat between the two countries.
Mr Najib said if the plan comes to fruition, it will be a private sector-driven initiative.
Responding to this, Prime Minister Lee said Singapore is very open to importing a certain portion of electricity from Malaysia, if the terms are right and if the private sector proposes an attractive offer which Singapore cannot refuse.
The Prime Ministers of Malaysia and Singapore have agreed that the Joint Ministerial Committee should explore more ways to enhance collaboration in Iskandar Malaysia for the mutual benefit of both sides.
In a joint statement issued after their retreat meeting, both Mr Najib Razak and Mr Lee Hsien Loong, have directed for a new workgroup on industrial cooperation to be formed under the Joint Ministerial Committee.
The aim is to promote mutually beneficial twinning of economic activities between Iskandar Malaysia and Singapore.
The statement said the Prime Ministers are also pleased with the collaboration between Khanazah Nasional and Temsasek Holdings through joint investments in M+S Pte Ltd.
Singapore is open to buying a share of its electricity from Malaysia if the terms are right.
The Prime Ministers of both countries discussed the possibility as they met in Putrajaya on Thursday. As PM Lee Hsien Loong said, Singapore is working out a framework for importing electricity from its neighbours.
Separately, Mr Lee also proposed that the two countries explore industrial cooperation in the Iskandar Malaysia development region in south Johor.
Both leaders asked for a new work group to be formed under the Joint Ministerial Committee to promote mutually beneficial twinning of economic activities between Iskandar Malaysia and Singapore.
Singapore and Malaysia said they may construct a road tunnel and begin water taxis to boost transport links, signaling a further easing in political strains between the two Southeast Asian nations.
The neighbors, previously united as one nation, agreed last year to jointly embark on $9.8 billion of property projects and build a mass railway link to Malaysia’s southern Johor state which should begin operations by 2018, their leaders said today. They may now work together in other areas such as aviation, with Singapore’s Changi airport potentially cooperating with Malaysia’s nearby Senai, their governments said in a statement.
Singapore’s CapitaLand will be project manager for a lifestyle project in Malaysia’s Iskandar region as part of a collaboration between the two countries, state investment firms Khazanah Nasional and Temasek said on Thursday.
The so-called “Urban Wellness” project in Iskandar, an area just north of Singapore, cover five acres and is being developed by a 50-50 joint venture between Khazanah and Temasek.
Malaysia and Singapore are considering an underground border link between the countries.
A study already looking into a Johor Baru-Singapore transit system, will now examine too this option, said Prime Minister Datuk Seri Najib Razak (picture), as reported by The Star newspaper.
In the ongoing Malaysia-Singapore Leaders’ Retreat with Singapore counterpart Lee Hsien Loong today, the leaders are also discussing the alignment of radio frequency spectrum plans for digital broadcast and mobile broadband services.
This is a natural response to the need in digital television, mobile broadband and roaming services.
A work group is planned to tackle industrial cooperation in Iskandar Malaysia.