OCBC boosts Johor-Singapore SEZ with $3.3b in financing

The group expects to provide at least another $904m (RM3b) by the end of 2025.

OCBC has committed over $3.3b (RM11b) to Johor businesses since last year, in support of the Johor-Singapore Special Economic Zone (JS-SEZ) development.

By the end of the year, the group expects to provide at least another $904m (RM3b) for investments in real estate, oil and gas, manufacturing, and data centres.

Group CEO Helen Wong, along with senior executives of the OCBC Group, shared this during a courtesy visit to Johor Menteri Besar Yang Amat Berhormat Dato’ Onn Hafiz bin Ghazi at Saujana, Johor Bahru.

($1=RM3.3)

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