Malaysia's IDR a 'win-win' arrangement for S'pore: MM Lee
But criticisms within Umno against the economic zone raise concerns
By
PAULINE NG
IN KUALA LUMPUR
WHAT to make of the Iskandar Development Region (IDR) and the hype surrounding it is admittedly difficult. Prior to his interview last week with Singapore's Berita Harian, Singapore's Minister Mentor Lee Kuan Yew hadn't said much publicly about the proposed new economic zone in south Johor. His comments to the daily last week were more expansive.
Singapore could lose industries and jobs to the IDR should it take off over the next decade or two. If that happens, Singapore would have to deal with the problem itself, he said, as it cannot expect Malaysia to come to its rescue.
