The Iskandar Development Region holds a lot of promise.
This area in Southern Johore that's three times the size of neighboring Singapore promises to be the next big development region on Peninsula Malaysia.
Most significant is that the federal government in Kuala Lumpur has relaxed the affirmative action policy, which promises indigenous Malays 30% equity stake in every company. Foreign
investors will be able to own their local units entirely.
While this may be a precurser to a relaxation of the policy nationally, the issue closest to the hearts of Investor Central's Serene Lim and Mark Laudi is whether the Iskandar Development Region will open up new land and new markets to land-sparse Singapore, or prove to be competition, attracting companies and people away from Singapore.
CLICK HERE to view their three minute discussion, then take sides!
The Iskandar Development Region: Good for Singapore? Bad for Singapore?
(And: do you think it'll fly?)
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