Special Economic Zones in the OIC Region:
Learning from Experience
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The Island has incorporated both industrial and commercial developments as a means of
diversifying economic activity in the FTZ, in order to address shortfalls in Singapore’s economy
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5.3.7 Summary Lessons Learnt
 Jurong Island has started to develop innovative infrastructure solutions to increase its
attractiveness to investors. This includes new ‘plug and play’ models of operation which
has improved cost efficiencies and created production synergies for enterprises located
within the island.
 The Singapore government continues to support the development of Jurong Island
through initiatives such as Jurong Island Version 2.0. This helps to improve the
attractiveness of the island as a place for investment as it outlines a clear strategy for
development, particularly with regards to new technologies and infrastructure as stated
above.
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