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7 November 2007
Being the fourth largest Malaysian Bank, RHB bank has helped many Singapore companies in their investments and banking needs in Malaysia. As part of the bank’s customer oriented approach, RHB Bank Berhad Singapore organized a 1-day visit for its corporate and individual clients to Nusajaya on 7 November 2007. The aim of the visit is to create an enabling environment for businesses to explore more opportunities in the region and support the development of SMEs to raise their competitiveness.
SMEs today are still not familiar with the basic credit facilities available to them. As such, RHB Bank’s experienced team of relationship managers have the know-how to provide the right solutions; people to support and are well versed in cross-border financing.
The Iskandar Development Region (IDR also known as SJER) focuses on addressing the Region’s socio-economic development in a holistic and sustainable manner. Nusajaya’s signature developments that include the Johor State New Administrative Center (JSNAC), Southern Industrial Logistic Cluster (SiLC), “Puteri Harbour” Waterfront Precint, Medical Park, EduCity, Strategic Leisure and a proposed international Destination Resort are strategic catalysts to achieve IDR (SJER)’s goals.
All in one city (in terms of facilities) – integrated township to cater to the essential and luxury needs of its residents. People living there will not have to go out of the city in search for these facilities.
Facilities and services provided in the city are one of a kind (e.g. Multi-varsity University) therefore will appeal to many as the concept is a ‘breeze of fresh air’.
The development concept takes into consideration all aspects of doing business and living. The integrated plan has defined clearly seven catalysts to complement the growth of this city into a mature city. Therefore, people will not be leaving Nusajaya instead it is a magnet for people looking for limitless prospects.
• Land value is 1/3 of Singapore’s – definitely a more cost-effective but as efficient option.
• It is indirectly under the Malaysian government’s initiative therefore it bears the Government’s ‘endorsement’ and support.
• It is not only the new economic growth centre for the country (‘the next KL’) but also for the region
(‘the next Singapore’)
This is the largest private sector development in South-East Asia. Therefore, all aspects of development and further development has been planned and well though of.
• It is the hub for multi-faceted components (all in high demand) – business, education, medical,
etc. of world-class standing for South-East Asian region.
• Comprehensive and integrated infrastructure will link the city better and faster to the world so that
business can be carried out more efficiently.
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