Johor bahru: 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 emphasized the successful collaboration between UOB and the state government through Invest Johor, highlighting the alignment of public-private partnerships in attracting high-quality investments.
According to BERNAMA News Agency, the investments not only contribute to the creation of skilled jobs but also have a significant impact on the local economy. Onn Hafiz expressed appreciation for UOB's ongoing support in advancing Johor's strategic goals and positioning the JS-SEZ as a competitive investment hub. His comments were made during the UOB-Invest Johor JS-SEZ Strategic Forum 2026.
Ng Wei Wei, UOB Malaysia's chief executive officer, pointed out that the investments are a testament to the effectiveness of the UOB Green Lane initiative, launched in collaboration with Invest Johor in February 2025. The fast-track investment strategy aims to streamline business approvals within the JS-SEZ.
Partnering with Invest Johor, the Malaysian Investment Development Authority, Iskandar Regional Development Authority, and other stakeholders, UOB is facilitating high-value investments into the JS-SEZ from various countries, enhancing supply chain connectivity, and delivering economic benefits to both Malaysia and Singapore.
In addition to investment facilitation, UOB has introduced the UOB My Digital Space (MDS) as part of its commitment to community and talent development. The initiative is designed to equip students with critical thinking and responsible technology use skills.
Ng explained that UOB is dedicated to preparing future-ready talent for the digital era. The MDS program helps students develop foundational digital skills and artificial intelligence awareness through structured modules. It is being implemented across multiple stages in key markets, including Singapore, Malaysia, Indonesia, Thailand, Vietnam, China, and Hong Kong, as well as the ASEAN and Greater China regions, targeting students aged 10 to 16 years to align with national digital inclusion priorities.
