KUALA LUMPUR (Sept 30): Eco World Development Group Bhd (KL:ECOWLD) signed two memoranda of understanding (MOUs) aimed at facilitating the entry of Japanese small and medium enterprises (SMEs) into Malaysia via its latest industrial project, Eco Business Park VII (EBP VII) located at Negeri Sembilan.
The MOUs were exchanged on Monday with The Musashino Bank Ltd and Bugin Regional Economic Research Institute Co Ltd (Bugin Institute) at the Malaysia Pavilion during EXPO 2025 Osaka in Japan, according to a press release issued on Tuesday.
Witnessed by Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun, the ceremony also marked a strategic collaboration to channel targeted Japanese SMEs into EBP VII, which is scheduled for launch by end-2025.
Located in Bukit Pelandok and spanning 1,195 acres, EBP VII will be developed through Eco Business Park 7 Sdn Bhd, a special-purpose vehicle owned by EcoWorld (55%), SD Guthrie Bhd (KL:SDG) (30%) and NS Corporation (15%).
Under the MOUs, Musashino Bank is expected to leverage its network and relationships with Japanese SME industrialists to identify firms seeking regional expansion. Bugin Institute, the research and consulting arm of the bank, will support through business research, seminars and advisory programmes.
The collaboration will focus on high-potential sectors including food processing, medical technology, logistics, aerospace support industries, and electrical and electronics.
“We are honoured to have the opportunity to work with Musashino Bank and Bugin Institute to promote our latest industrial park to their clients,” said EcoWorld chief executive officer Datuk Chang Khim Wah in the statement.
“EBP VII, which is strategically situated within Malaysia Vision Valley 2.0, is uniquely positioned to be able to support their clients’ international growth aspirations. […] By exchanging these MOUs, we aim to create a clear landing path for Japanese SMEs to invest and grow in Malaysia,” he added.
Chang said the partnership is intended to offer investor-ready solutions to ease the entry process, including practical market support and access to financing.
AloJapan.com