03 Oct '12, 4am

With space running out, Singapore sets sights on Johor: KUALA LUMPUR, Oct 3 — Singapore is joining forces with M...

The island republic’s growth was being hampered by a lack of physical room for expansion.—Reuters pic KUALA LUMPUR, Oct 3 — Singapore is joining forces with Malaysia to develop Johor into the republic’s new hinterland catering to multinational companies, industry, tourism and housing as the city state finds itself running out of space to expand, reported the Wall Street Journal (WSJ) today. The financial paper said that the sometimes-frosty relations between the countries were warming up and scepticism over the Iskandar Malaysia special development region were also melting away, helping make Singapore the largest source of investment in Iskandar this year. Long maligned for crime, projects such as LEGOLAND Malaysia, outlet shopping mall Johor Premium Outlets, and Hello Kitty Town — the first outside Japan — are helping the region take on some lustre and could even make Isk...

Full article: http://www.themalaysianinsider.com/malaysia/article/with-...

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