(13-01-2024, 01:36 AM)starbugs Wrote: Shenzhen is the Shenzhen of today not because it is next to HK. It was mainly because it fostered companies such as Huawei, Tencent and SF Express. Can JB produce even one such company?
Correct la..
SZ boom since Deng's days. Heavy capital from Beijing CCP pumping into the infrastructure development.
China Top Ten Entrepreneurs stacked HQ into SZ. Drawing many high tech companies to invest into SZ.
Banks offered capital for companies operation.
FDI started to invest too due to it's Special Economic Zone, with booming economy spearhead by the Chinese companies.
SZ and HK trading relationships are robust because they operate under the same central government. Regulatory policies focus into businesses, trade and economy. Rather than over political electoral benefits.
HK only brought in some banking principles, investment strategy to SZ.
Not the Industrialized technology, AI and Capital investment.
For JB to become another successful SZ. The Malaysian government need to pump in huge capital to build up the infrastructure. Fund their local Top manufacturers to set up HQ in FC. Increase employment opportunities in JB with good salaries.
Ensure no changes in Regulatory requirements for MNC. Especially not affected by political issues. Changes of government.
Singapore can only act as a catalyst to multiply the growth. Not the main factor for JB to become another SZ.