In a recent episode of "Deep Dive," experts discussed the potential success of the Johor-Singapore Special Economic Zone amid evolving political dynamics and economic aspirations. The conversation, hosted by Steven Chia and Crispina Robert, took place on a platform that emphasizes a fast, secure, and optimal user experience. This forum requires a specific browser for the best interaction. The dialogue centered around the strategic developments in Johor, which is currently under the leadership of its Sultan, who also holds the title of Agong.
Thilan Wickramasinghe, head of research in Singapore and regional head of financials at Maybank Investment Banking Group, shared his insights on special economic zones. With his extensive experience, Wickramasinghe highlighted that while there is a compelling business case for these zones, their path to success is often complex. He pointed out that although 140 countries have established special economic zones, most do not meet their initial mandates. The common pitfalls include missing crucial elements during the setup phase, with countries typically erring on one or two fronts.
The conversation also featured Serina Rahman, a lecturer at the National University of Singapore's Department of Southeast Asian Studies. She offered her perspective on Johor's progress amidst past political challenges. Rahman noted that overcoming these obstacles marks an essential step forward for the region's economic ambitions.
Listeners were reminded that "Deep Dive" releases new episodes every Friday, providing ongoing discussions on pertinent topics. This particular session underscored the importance of strategic planning and execution in special economic zones to ensure they contribute meaningfully to regional development.
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