PETALING JAYA: Export-Import Bank of Malaysia Bhd (Exim Bank) has extended a US$70 million (RM293 million) Islamic Overseas Investment Financing Facility to Berjaya Okinawa Investment (S) Pte Ltd, a wholly owned subsidiary of Berjaya Land Bhd, to support the development of the Four Seasons Resort & Private Residences Okinawa, Japan (Four Seasons Okinawa).
The project is led by Berjaya Okinawa Invest TMK, a wholly owned subsidiary of Berjaya Okinawa Investment (S), serving as the project developer responsible for the overall planning and execution of Four Seasons Okinawa.
Berjaya Land previously delivered the acclaimed Four Seasons Hotel Kyoto, one of Japan’s most prestigious hospitality developments. The Kyoto property has received multiple international accolades, including the HICAP Reggie Shiu Development of the Year Award and Hospitality Design Magazine’s HD Awards for Best Spa and Best Upscale/Luxury Guestrooms and Suites.
The same core construction team behind the Kyoto success is now being mobilised for the Okinawa project.
The financing agreement was signed by Berjaya Land group CEO Syed Ali Shahul Hameed on behalf of Berjaya Okinawa Investment (S), and was witnessed by representatives from Exim Bank and officials of Berjaya Land subsidiaries.
Spanning 32 acres of pristine beachfront, Four Seasons Okinawa, which has a projected gross development value of US$1.12 billion, will offer 279 units of luxurious accommodation, including 127 resort rooms, 124 high-end condominiums, and 28 exclusive private villas.
Main construction is in progress and completion is expected in July 2027 followed by a three-month hotel pre-opening phase.
The partnership between Exim Bank and Berjaya Group spans more than a decade, beginning in 2010. Over the years, Exim Bank has supported two major overseas projects, reflecting a shared vision of excellence and long-term value creation. This initiative underscores Exim Bank’s strategic commitment to supporting Malaysian investments abroad, particularly in established and high-potential markets.
The Four Seasons Okinawa project exemplifies the bank’s mission to promote Malaysia’s global footprint and elevate the presence of Malaysian enterprises on the international stage.
Looking ahead, Exim Bank will continue to leverage its strategic financing programmes to support the growth of Malaysian businesses abroad. This includes initiatives such as the RM500 million Skim Eksport Lonjakan, aimed at scaling up Malaysian exporters, and the Malaysia Global Connect Go Export Cover Programme, which provides protection for businesses expanding into strategic international markets.
Both schemes were announced under Budget 2026. These efforts aim to accelerate private sector investment and enhance Malaysia’s presence in non-traditional markets.
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AloJapan.com