
by AUFA MARDHIAH
THE government is courting Italian and European investors for high-quality projects in the Johor-Singapore Special Economic Zone (JS-SEZ), as Malaysia seeks to convert growing interest in the corridor into real outcomes.
Economy Minister Akmal Nasrullah Mohd Nasir (picture) said current geopolitical and economic uncertainty has made JS-SEZ a more viable proposition for investors seeking stability and regional access.
“This is also an opportunity whereby the geopolitical situation somehow makes the JS-SEZ offering or opportunity really viable.
“We need to quickly capture this interest and try to convince them into real outcomes,” he said at the JS-SEZ Executive Forum 2026 today.
Beyond immediate investor interest, Akmal said Malaysia wants to diversify its investment base and avoid relying on any single region.
Future opportunities in JS-SEZ, he added, could come from downstream activities linked to earlier data centre investments, as well as semiconductor development, as Malaysia seeks to move up the value chain from back-end activities to front-end focus.
Meanwhile, Italian Ambassador to Malaysia Raffaele Langella said Italian interest spans sectors such as oil and gas, food and microprocessors, while companies are also exploring opportunities in logistics and high-technology training.
He cited STMicroelectronics’ presence in Johor’s industrial landscape and ENI’s oil and gas cooperation with Petroliam Nasional Bhd as examples of existing industrial ties between both countries.
However, Langella said Italian firms are not merely seeking general investments, but high-quality projects that allow them to be part of a wider ecosystem.
“I think the visit of Prime Minister Datuk Seri Anwar Ibrahim to Rome in July 2025 has been quite crucial in changing the direction of bilateral cooperation.
“I see that in Italy there is a strong interest towards Malaysia that was nowhere to be found before,” Langella said.
The number of Italian companies exploring such initiatives is also growing, with a delegation from one company expected to visit the special economic zone soon, he added.
The forum was held following strong requests from Italy and other European countries for a dedicated session with potential investors and chambers of commerce.
“Today, we received quite a strong request from Italy in particular, as well as European countries, to hold a session with potential investors and their chambers.
“We took the opportunity today to explain what JS-SEZ is, the progress that has taken place, and to find ways to continue building confidence,” Akmal said.
The engagement followed earlier discussions with Langella, who had conveyed that Italian investors were ready to explore opportunities in JS-SEZ.
It is also expected to be followed by further discussions with potential investors, as the government works to identify projects that can be realised within the zone.
Moving forward, the Iskandar Regional Development Authority and other relevant agencies will identify interested parties and potential investments that could bring value to JS-SEZ.
“This is the first step that we are taking with Italy. The commitment is not just from the companies, but also from the embassy, so the coordination will be more seamless,” Akmal said.
He stressed that the engagement must be followed through, particularly for investments that can bring strong value to JS-SEZ.
“It is not enough just to do a forum and expect everything will be a done deal. We want to really follow through, especially the ones that have good values for JS-SEZ,” he said.
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