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SINGAPORE: The government will help facilitate economic linkages with Malaysia's Iskandar Development Region (IDR) in Johor, but investment decisions will be left to the private sector.
Trade and Industry Minister Lim Hng Kiang clarified this in a reply to a query by the MP for Potong Pasir, Chiam See Tong.
Mr Lim said Singapore is one of the top investors in Johor and there is interest among companies here to participate in the IDR.
He added that as the IDR develops, Singapore's companies will make their own assessments vis-a-vis other investment opportunities elsewhere in the region.
But he noted that a dynamic South Johor will generate more opportunities for the region.
A Joint Ministerial Committee was set up in May for Malaysia and Singapore to explore ideas for bilateral cooperation in the IDR.
The committee will meet again later this year.
- CNA/so
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