ISKANDAR PUTERI: Medini Iskandar is another step closer to becoming the Silicon Valley of Malaysia following a strategic partnership between developer Mah Sing Group Berhad and i2M Ventures Sdn Bhd (i2M) to provide accommodations for staff of companies under the Global Business Services Iskandar initiatives (GBS).
Johor consumerism, human resources and unity committee chairman Dr S. Ramakrishnan lauded the strategic partnership as it would make the area a more vibrant place.
“This is in line with the state government’s vision, which is to turn Medini into the Silicon Valley of Malaysia.
“We want to attract more high-end companies thus creating more employment opportunities for the locals here,” he said.
Mah Sing chief executive officer Datuk Ho Hon Sang said through the cooperation with i2M, which is a wholly-owned subsidiary of Khazanah Nasional Berhad, the company would rent out rooms at the Iskandar Professional Suites at Meridin@Medini.
“For the first phase, we will provide up to 50 rooms from the total 180 rooms that we specially make available under the partnership.
“Companies that are interested are able to rent it for RM800 a month for a year.
“Mah Sing will allocate the fully-furnished Iskandar Professional Suites as accommodations for the employees of the participating companies,” he said after the signing ceremony.
He pointed out that the rent registration process had begun in June, and the total numbers of tenants had surpassed 80%.
“Companies and tenants have the option of choosing a studio unit or twin sharing studio unit with built-ups ranging from 341 sq ft to 603 sq ft,” he said.
The units come with induction cooker, heated shower, air-conditioner units, lighting, beds, wardrobes, study tables, chairs and a refrigerator.
Meanwhile, i2M managing director Zulfiqar Zainuddin said the programme, ‘Living in Iskandar Puteri’, would make the area livelier and provide a better environment for the professionals working here.
He added that at the moment, about 18 companies had registered their businesses under the GBS Iskandar including Frost & Sullivan, Court Asia, KPMG, Aegis, DayThree and Brandt International.
“About 90% of their workers are Malaysians, where about 60% of them are Johoreans and we hope that through the strategic partnership, more companies will be interested in coming here to set up their businesses,” he said. — By MOHD FARHAAN SHAH
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