Malaysia and Singapore seek third-country investors for JS-SEZ
Cooperation on the Johor-Singapore Special Economic Zone would also include efforts to help businesses reach export markets beyond Malaysia and Singapore.
Foreign and domestic investment, new plants, expansion plans and funding.
Cooperation on the Johor-Singapore Special Economic Zone would also include efforts to help businesses reach export markets beyond Malaysia and Singapore.
The companies will assess potential joint ventures covering investment, development, ownership and operation of logistics facilities in Malaysia.
The acquisition requires regulatory approval, with Malaysia Aviation Group seeking to complete the transaction by 2027.
The group has earmarked RM5.5 million for factory rental and machinery, alongside RM3.5 million for a sales office in Vietnam.
BYD says it is continuing its local assembly plans through a Malaysian partner, with discussions at an advanced stage.
The RM130 million transaction is now due for completion at the end of the fourth quarter, with conditions still outstanding.
The planned hotels will add 888 rooms, with openings scheduled for 2030 and 2032.
The company intends to use the freehold industrial properties for its operations and future expansion, with completion expected within 36 months.
Steven Sim said the government would use alternatives including progressive wage policy subsidies to raise pay alongside productivity.
Malaysian palm oil shipments to India increased by 40% from the corresponding period in 2025, according to Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad.