UOB facilitates over RM18bil FDI into JS-SEZ since 2024


Johor Menteri Besar Onn Hafiz Ghazi (left) and UOB Malaysia chief executive officer Ng Wei Wei (right).

KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has facilitated more than RM18bil in foreign direct investment (FDI) flows into the Johor-Singapore Special Economic Zone (JS-SEZ) since 2024, underscoring growing investor interest in the cross-border initiative.

In a statement, the bank said the inflows reflect the effectiveness of public-private collaboration following the launch of its Green Lane initiative with Invest Johor last year to fast-track investments into the zone.

At the UOB-Invest Johor JS-SEZ Strategic Forum 2026 held today, UOB announced two new investor commitments worth more than RM1bil, which will be facilitated through the Green Lane, signalling continued momentum in cross-border investments and regional supply chain integration.

Johor Menteri Besar Onn Hafiz Ghazi said the partnership between Invest Johor and UOB has delivered tangible outcomes by attracting quality investments, creating skilled jobs and strengthening local industries.

“We value UOB’s continued support in advancing the Johor State Government’s clear strategy, consistent execution and investor-focused approach in positioning the JS-SEZ as a credible and competitive investment destination.

“Our priority is clear. Every investment secured must translate into real outcomes, including better job opportunities, stronger local industries and lasting value for every Johorean,” he said.

UOB Malaysia chief executive officer Ng Wei Wei said the bank has focused on practical enablers to convert investor interest into actual investments.

“Combining Johor’s development priorities with Singapore’s role as a global business hub enables companies on both sides of the Causeway to execute cross-border opportunities effectively,” she said, adding that UOB continues to work with stakeholders such as Invest Johor, MIDA and IRDA to channel high-value investments into the JS-SEZ.

During the forum, key investors, including GSP Automotive Malaysia, Paragon Globe and JT Automation Technology, presented letters of intent to expand operations within the JS-SEZ.

The event drew more than 400 participants, including multinational corporations, SMEs and representatives from business chambers and trade associations.

Separately, UOB launched its My Digital Space (MDS) programme in Malaysia, an education initiative aimed at equipping students with digital and artificial intelligence (AI) skills.

Ng said the programme reflects the bank’s commitment to building future-ready talent alongside driving investments.

MDS is being rolled out across ASEAN and Greater China markets and is expected to benefit more than 100,000 students regionally. In Malaysia, the initiative targets students aged 10 to 16 as part of efforts to support digital inclusion and workforce readiness.

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