Iskandar Investment signs RM9bil strategic partnership with TM-Nxera

IIB said the strategic partnership with TM-Nxera marked a significant milestone towards Johor’s aspiration of becoming the digital and innovation hub.

PETALING JAYA: Iskandar Investment Bhd (IIB), the master developer of Iskandar Puteri, via River Retreat Sdn Bhd, has entered into a strategic partnership with TM-Nxera that will entail an approximate RM9bil investment by the parties to develop the digital infrastructure for the area.

TM-Nxera is a joint venture of Telekom Malaysia Bhd (TM) and Singapore Telecommunications Ltd or Singtel.