UOB partners Invest Johor to drive foreign direct investments into Johor- Singapore SEZ

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UOB partners Invest Johor to drive foreign direct investments into Johor- Singapore SEZ
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PETALING JAYA: UOB today signed a Memorandum of Understanding (MOU) with Invest Johor, the state’s investment agency, to drive investment opportunitie...

Invest Johor CEO, Natazha Hariss and Ng Wei Wei, with the signed MoU, witnessed by Onn Hafiz, and Wee .

Notably, a “green lane” will be jointly established, with UOB designated as a partner to assist with foreign direct investments in these prioritised sectors to accelerate their investments. UOB will also provide advisory and banking services to companies looking to invest in Johor as part of the MoU.

UOB is the only bank to have signed MoUs with all the government investment agencies in the key Asean markets. The state-owned enterprise has more than four decades of experience developing industrial parks and focuses on investment promotion and operation of industrial parks, professional enterprise services and sci-tech industrial investment. Lingang Group currently operates the China Pilot Free Trade Zone , a tech hub established in 2019 and have played a key role in the opening of China’s economy to global investors.

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