JLand Group garners RM45.6bil investments in 2022 via strategic collaborations

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JOHOR BAHRU: Johor Corporation (JCorp) via Jland Group Sdn Bhd’s (JLG) strategic collaborations has garnered RM45.6 billion in investments last year.

JCorp president and chief executive Datuk Syed Mohamed Syed Ibrahim said the investments were achieved through several strategic collaborations established with renowned cross-industry players in the region and globally.

“These partnerships spanned high-growth potential sectors like logistics, data centres and renewable energy, just to name a few.

“More excitingly, this signals only the beginning of more to come for JLG as we mobilise diversified growth and high-value investments through local, regional and international ventures,” he said in his speech at the launch of JLG – ‘The Future of Real Estate. Reimagined’ here, today.

The event was officiated by Johor Menteri Besar Datuk Onn Hafiz Ghazi.

Syed Mohamed, who is also JLG chairman, said that the company has identified future investments and potential initiatives that would further entrench its footprint in the new economy.

“In our commitment to fortify the nation’s progress toward the digital economy, we will also explore infrastructure investment into fibre network to expand data connectivity spanning east to west of Peninsular Malaysia,” he said.

He said the renewable energy sector also presents immense potential for investments.

“In line with our sustainability agenda, we are vested in the development of green and clean energy projects such as large-scale solar farms and cogeneration plants for industrial power production, investment in electric vehicle charging stations for commercial consumption, as well as rooftop solar panels for residential developments,” he said.

The launch of JLG today follows JCorp’s transformation strategy to streamline business activities and service offerings of its subsidiaries, wherein JLG has emerged as the investment holding company to capitalise on the growing demand for strategic and sustainable real estate ventures in the region. – Bernama