Maybank IB Research said MVV 2.0 has the potential to emerge as a key industrial hub in central Malaysia.
PETALING JAYA: Early movers will benefit from low entry costs and first-mover advantage at Malaysia Vision Valley (MVV) 2.0 – a new growth area in Negri Sembilan, says Maybank Investment Bank (IB) Research.
“We believe the primary beneficiaries of the MVV 2.0 development are plantation estate owners, namely SD Guthrie Bhd
,” it said.
Among the developers, the research house highlighted that Sime Darby Property Bhd, MUI Properties Bhd and Matrix Concepts Holdings Bhd would enjoy the first-mover advantage with lower land costs.
New entrants like Eco World Development Group Bhd, which is backed by a strong track record and branding, would benefit from established halal food hub.
However, it said risks include competition among states to attract investors, as well as among developers, as more industrial parks, including the Port Dickson Free Zone ,are expected to be set up in MVV 2.0.
The research house said MVV’s strategic location as a natural extension of Greater Kuala Lumpur (KL) and relatively lower land costs should allow it to benefit from the spillover of KL and Selangor’s rapid growth.
It added that MVV 2.0 has the potential to emerge as a key industrial hub in central Malaysia, especially following the National Investment Council’s approval for Negri Sembilan, Selangor, Melaka and KL to establish a distinct industrial cluster identity last October.
“As the MVV2.0 region gains traction, we expect the entry of new developers into MVV 2.0 industrial/residential property segments, which will likely lead to increased competition,” it added.
In addition, more industrial parks are expected to be launched in the coming years by other state governments, such as the Kerian Integrated Green Industrial Park in Perak and upcoming industrial projects in Carey Island, Selangor.
Maybank IB Research said that rather than competing with other states like Johor, Selangor and Penang, Negri Sembilan positioned itself as a complementary partner, leveraging its affordable freehold land, improving infrastructure, and strategic location near the Kuala Lumpur International Airport and Port Klang.
“To attract investors and industrial players, the state has introduced a ‘fast lane’ initiative aimed at reducing the investment approval timeline from 24 months to 14 months.
“Infrastructure developments and upgrades are also underway, including the Nilai–Labu Expressway, slated to complete in the second half of 2026 and plans to build Malaysia’s first artificial intelligence-powered container port in Port Dickson via a 20:80 public-private collaboration,” the research house said Infrastructure developments and upgrades are also underway,” the research house said.
