(From left to right): Ms Ng Wei Wei, Chief Executive Officer, UOB Malaysia, YAB Dato’ Onn Hafiz bin Ghazi, Menteri Besar Johor and Ms Janet Young, Head, Group Channels and Digitalisation, Strategic Communications and Brand, UOB Group, at the launch of the UOB My Digital Space (MDS) in Malaysia, as part of its broader commitment to community and talent development.

Mr Wu Si Yuan, JT Automation Technology presenting the Letter of Intent to Tuan Haji Natazha Hariss, CEO of Invest Johor, witnessed by YAB Dato’ Onn Hafiz bin Ghazi, Menteri Besar Johor, YB Dato' IR Hasni bin Mohammad, Executive Chairman, Johor Economic, Tourism and Cultural Office and Ms Ng Wei Wei, Chief Executive Officer, UOB Malaysia.

BUSINESS

UOB Facilitates Over RM18 Bln In FDI Into JS-SEZ Since 2024

20/04/2026 08:15 PM

JOHOR BAHRU, April 20 (Bernama) -- United Overseas Bank (UOB) has facilitated over RM18 billion in foreign direct investment (FDI) into the Johor-Singapore Special Economic Zone (JS-SEZ) since 2024.

Johor Menteri Besar Datuk Onn Hafiz Ghazi said the strong partnership between UOB and the state government through Invest Johor reflects how well-aligned public-private collaboration can deliver real results and attract high-quality investments.

He said the investments also help create skilled jobs and generate a meaningful impact on the ground.

“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,” said Onn Hafiz during the UOB-Invest Johor JS-SEZ Strategic Forum 2026, here today.

UOB Malaysia chief executive officer Ng Wei Wei said the investment also reflects the effectiveness of the UOB Green Lane launched with Invest Johor last year.

The UOB Green Lane is a fast-track investment initiative launched in February 2025 with Invest Johor to accelerate business approvals within the JS-SEZ.

“Partnering with Invest Johor, as well as the Malaysian Investment Development Authority, Iskandar Regional Development Authority and stakeholders, helps facilitate high-value investments into the JS-SEZ from multiple countries.

“It also strengthens supply chain connectivity while delivering economic benefits for Malaysia and Singapore,” she said.

Meanwhile, UOB has launched its UOB My Digital Space (MDS) as part of its broader commitment to community and talent development, an initiative designed to empower students to think critically and use technology responsibly.

“Beyond driving investments into the JS-SEZ, UOB is committed to developing future-ready talent for the digital age. Our programme is designed to help students build foundational digital skills, artificial intelligence awareness, and confidence through structured modules,” said Ng.

MDS is implemented across various stages in key markets, including Singapore, Malaysia, Indonesia, Thailand, Vietnam, China, and Hong Kong, as well as within the ASEAN and Greater China regions.

The programme focuses on educating students aged 10 to 16 years, aligning with national priorities on digital inclusion and preparing youths for the future.

-- BERNAMA

KEYWORDS

RELATED NEWS