Chang (second from left) shakes hands with Onishi (second from right) while (from left) Zafir, Aminuddin and Teo look on.

PETALING JAYA: Eco World Development Group Bhd (EcoWorld) has exchanged memoranda of understanding (MoUs) with The Musashino Bank, Ltd (Musashino Bank) and Bugin Regional Economic Research Institute Co, Ltd (Bugin Institute) to establish a collaborative framework to channel targeted Japanese small and medium enterprises (SMEs) into Eco Business Park VII (EBP VII) in Negeri Sembilan.

The ceremony was attended by EcoWorld president and chief executive officer Datuk Chang Khim Wah and Bugin Institute senior managing director Onishi Koichiro, who represented both Musashino Bank and Bugin Institute. The event was witnessed by Negeri Sembilan chief minister Datuk Seri Utama Aminuddin Harun.

EcoWorld will be working with Musashino Bank to leverage its strong financial networks and long-standing relationships with Japanese SME industrialists, positioning the Bank as a key facilitator for Japanese SMEs seeking business expansion opportunities into Malaysia. Bugin Institute, the research and consulting arm of Musashino Bank, supports the collaboration through business research, seminars and advisory programmes to help Japanese enterprises better understand Malaysia’s industrial landscape. The collaboration will focus on high-potential sectors including food processing, medical technology, logistics, aerospace support industries and electrical and electronics.

“We are honoured to have the opportunity to work with Musashino Bank and Bugin Institute to promote our latest industrial park to their clients. EBP VII, which is strategically situated within Malaysia Vision Valley 2.0, is uniquely positioned to be able to support its clients’ international growth aspirations. Its proximity to the Kuala Lumpur International Airport and accessibility to major highways also offer superior connectivity, enabling industrialists to easily plug into Malaysia’s local and regional supply chains. By exchanging these MOUs today, we aim to create a clear landing path for Japanese SMEs to invest and grow in Malaysia,” said Chang.

Also present were Negeri Sembilan State Secretary Datuk Mohd Zafir Ibrahim and State Executive Council member Teo Kok Seong. 

EBP VII is developed through Eco Business Park 7 Sdn Bhd, a special-purpose vehicle formed by EcoWorld (55%), SD Guthrie Berhad (30%) and NS Corporation (15%). Measuring 1,195 acres in Bukit Pelandok, Negeri Sembilan, EBP VII, with an estimated gross development value of RM2.95bil is slated for launch by the end of 2025. 

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