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UOB inks MOU with chambers of commerce to boost JS-SEZ collaboration
The Straits Times
|January 17, 2025
UOB has signed an agreement to boost collaboration and investment opportunities in the Johor-Singapore Special Economic Zone (JS-SEZ).
The bank inked the memorandum of understanding with the Singapore Chinese Chamber of Commerce & Industry (SCCCI) and the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) on Jan 16.
The agreement involves UOB offering financial and advisory services to support businesses looking to enter new markets in the region or expand operations in the JS-SEZ.
The bank – the largest foreign lender in Malaysia by assets – will help connect these firms to local partners. UOB and the chambers will also jointly organise activities such as visits, conferences and networking events, as well as propose new initiatives aimed at connecting businesses with opportunities.
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