Johor’s investment arm JCorp leans on Ibrahim Technopolis to boost SEZ with Singapore
The conglomerate, with interests in agribusiness, healthcare, food services and real estate, is in talks with Singapore investors to form JVs, co-locate and coordinate marketing strategies
[KUALA LUMPUR] Johor Corporation (JCorp), the investment arm of Malaysia’s southern state, is courting Singaporean and global investors to power its flagship Ibrahim Technopolis (Ibtec) to home in on cross-Causeway demand in healthcare, technology and advanced manufacturing, its chief told The Business Times.
JCorp president and chief executive Syed Mohamed Syed Ibrahim said in an e-mailed response to BT: “We are proactively engaging with potential Singaporean and international investors, as well as aligning our subsidiaries to ensure we attract the right-fit companies that align with the JS-SEZ’s (Johor-Singapore Special Economic Zone) growth clusters.”
He added that the company was “actively targeting investors” in these sectors through joint ventures, co-location strategies and coordinated marketing with Singaporean counterparts.
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