Prosper Australia’s Post

I am sharing some of the contents of panel session 3 of the 7th ASEAN Smart Cities Network (ASCN) Annual Meeting(7/30~8/1). Under the theme “Forging Partnerships to Spearhead Smart and Sustainable Urban Development in ASEAN”, I mentioned innovative cases of Korea and ASEAN projects based on smart city platforms, partnerships between governments and companies, and international cooperation support from the Korean government.

𝗦𝘁𝗮𝗯𝗹𝗲 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗹𝘆 𝗳𝗼𝗿 𝟭𝗛𝟮𝟬𝟮𝟱 The Ministry of National Development Singapore (MND) has announced that Singapore's Government Land Sales (GLS) programme will supply about 8,505 homes in the first half of 2025, up from about 8,140 in the current period. This includes 5,030 homes from the GLS confirmed list and 3,475 homes from the reserve list. Among the 9 residential sites on the Confirmed List, the Hougang Central commercial and residential site and the Chuan Grove (2) site are among those that stand out. Hougang Central, integrated with Hougang MRT station, will feature 835 homes and 40,000 sqm of commercial space, while the Chuan Grove site, close to Lorong Chuan MRT station, can yield 505 homes. Tricia Song shares her insights on Mingtiandi - Asia real estate intelligence: https://cbre.co/4feqWWm #RealEstate #GLS1H2025

What are the special economic zones in Malaysia and Singapore ? This area, about four times the size of Singapore, will comprise nine flagship zones catering to different economic sectors: It's an ambitious initiative by the Johor and singapore government aimed at strengthening cross-border economic collaboration with Singapore. Its primary goal is to attract both foreign and local investments, enhancing industrial capacity, infrastructure, and technological innovation while promoting sustainability. A SMALL ARCHAISTIC BRONZE BALUSTER VASE Yuan/early Ming Dynasty 元/明早期 銅仿古瓶

Malaysia and Singapore announced an agreement on a special economic zone (SEZ) in Johor on Tuesday, aiming to support investment and free up movement of goods and people between the countries. The neighbours first agreed in principle to jointly develop the economic zone a year ago. Tuesday’s agreement was announced during a visit to Malaysia by Singapore Prime Minister Lawrence Wong and senior cabinet members. “It’s an important project… we can both be more competitive, enhance our value proposition, and jointly attract more investments to our shores,” Wong told a joint press conference with counterpart Anwar Ibrahim. “When negotiating the agreement, both sides have actively engaged stakeholders to ensure that the SEZ has the conditions to help our businesses grow together for the longer term.”

Interesting perspective on the Singapore-Malaysia Special Economic Zone "The day has finally come. Effective today, Singapore and Malaysia have finalized the creation of a special economic zone that will encompass Johor and Singapore, a 3,500 KM zone that is twice the size of Shenzhen in China, the inspiration for this zone. The zone will have harmonized regulations and investment codes to entice Singaporean, Malaysian, Chinese, and Western firms to all invest. It comes attached with a new rail system that will complete next year, meaning these two regions will be a 10 minute train ride from each other, instead of a painful two hour drive. In the long run this will be seen as a historic deal as it represents Singapore acknowledging that it has run into limits of its growth as an isolated city state. This marks the start of a confederalization with Malaysia and perhaps in the broader terms, ASEAN, that could end up being a very cool, bold, and weird experiment. 1965 is over, this marks the start of Malaysia and Singapore’s Second Republic."

To achieve its second takeoff, Malaysia needs to be strategic. In the simplest terms, it means choosing what to do and what not to do, and at the right time.

SG, ML-Breaking Barriers: Malaysia-Singapore Special Economic Zone Set to Redefine Regional Growth https://buff.ly/3PthaVP

As mentioned in The Business Times, Northern Vietnam is experiencing a surge in foreign direct investment (FDI) in manufacturing, particularly in provinces like Bac Ninh, Bac Giang, and Hai Phong. This growth is driven by proximity to Hanoi and North Asian markets, improved infrastructure, and the expansion of industrial parks attracting multinational corporations. 👉 Read the article for more details!    📌 Connect with us to get updated with the latest property news in Vietnam!   #vietnamproperty #news #realestate https://lnkd.in/g_bTCXVs

𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐀𝐭𝐭𝐫𝐚𝐜𝐭𝐞𝐝 𝐍𝐞𝐚𝐫𝐥𝐲 𝐔𝐒𝐃 𝟏𝟓.𝟐 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐅𝐃𝐈 𝐢𝐧 𝐭𝐡𝐞 𝐅𝐢𝐫𝐬𝐭 𝐇𝐚𝐥𝐟 𝐨𝐟 𝟐𝟎𝟐𝟒 In the first six months of 2024, Vietnam attracted nearly USD 15.2 billion in foreign direct investment (FDI), an increase of 13.1% compared to the same period last year. Bac Ninh led with nearly USD 2.58 billion, accounting for almost 17% of the total investment, which was more than 3.1 times higher than the previous year. This increase was primarily due to the capital adjustment project of Amkor Technology Singapore Holding at Yen Phong II-C Industrial Park 🔊 🔊 Bac Ninh granted 244 new projects with USD 1.102 billion and adjusted capital for 87 projects with USD 1.526 billion. The province's economy saw strong growth: Q2/2024 GRDP increased by 8.06%, and the first half of the year grew by 2.32%. The economic structure consisted of 68.9% industry-construction, 23.6% services, and 3.6% agriculture-forestry-fishery. The industrial production index (IIP) increased by 5.5%, trade and services were vibrant, and state budget revenue reached VND 17,688 billion, up by 19.5% 📑 📑 👉🏻 Ba Ria - Vung Tau ranked second with nearly USD 1.54 billion, while Quang Ninh came third with over USD 1.36 billion. Other provinces such as Hanoi, Hai Phong, Ho Chi Minh City, Dong Nai, Bac Giang, Binh Duong, and Hung Yen also attracted significant FDI, accounting for 79.5% of new projects and 77.9% of the country's total investment in the first five months of 2024. ✅ ✅ 𝗛𝗼𝘁𝗹𝗶𝗻𝗲: (+84) 911.294.658 – Ms.Nhu Truong 𝗘𝗺𝗮𝗶𝗹: nhutruong.rsl@gmail.com 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: www.rslgroup.vn #RSLGroup #RSLMedia #industrialproperty #investmentopportunity

Discovering #New_Opportunities in the #Hainan #Free_Trade_Zone During my last visit to the Hainan Free Trade Port Office in #Beijing, I was warmly welcomed with #Chinese tea and a fascinating discussion about the new policies and #investment #opportunities available to foreigners. The officials were eager to share the many benefits that make Hainan an attractive destination for #global_businesses. Hainan's Free Trade Zone offers a corporate #tax rate of just 15%, which is half the rate on the Chinese mainland. Additionally, the zone boasts a zero percent import duty for value-added #manufacturing. These competitive #advantages position Hainan as a viable alternative to Hong Kong for companies looking to establish or expand their presence in China. A particularly appealing aspect of Hainan's Free Trade Zone is its #visa_free policy for citizens from 59 countries, including the U.K., European, and several Asian nations. This policy facilitates easier travel for #business #professionals, promoting smoother #international cooperation and making Hainan a strategic hub for engaging with China and the broader #RCEP region. The ambitious plans for Hainan include transforming it into China's largest Free Trade Port by #2035, with significant investments in infrastructure, #financial services, and #high_tech industries. These initiatives aim to create a robust economic environment that supports international trade and investment. At BRICS BRIDGE (#BRICS_BRIDGE) International (Beijing) LTD. Co., we are genuinely excited about the opportunities this presents. Our team is dedicated to assisting businesses in navigating the investment landscape in Hainan, ensuring they maximize the benefits offered by this dynamic Free Trade Zone. I look forward to connecting with you and exploring these opportunities together! #BRICS