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Idzham: Tech Medini to drive RM9b investment target in Johor's Medini

KUALA LUMPUR: ISKANDAR Investment Berhad (IIB) has launched Tech Medini, aligning with the company's goal to attract RM9 billion in investments and create 65,000 jobs in Johor's Medini region.

Tech Medini, a 160-acre clustered development zone, builds upon the success of other initiatives like Global Business Services (GBS) Iskandar@Medini, Drone and Robotics Zone (DRZ) Iskandar, and Blockchain Village@Medini (BV@M).

Besides solidifying Medini's position as Johor's premier digital and innovation hub, it is set to be a place where ecosystem players thrive in developing emerging technologies with like-minded innovators from various fields such as AI, autonomous drones, robotics, cybersecurity, bioengineering, quantum computing, immersive reality, and space technology.

Datuk Idzham Mohd Hashim, president and chief executive officer of IIB, said that Tech Medini aims to position Medini as a premier destination for investors, with a strategic focus on supporting the Johor-Singapore Special Economic Zone (JS-SEZ) framework.

"Leveraging emerging technologies and fostering creative collaborations, Tech Medini seeks to empower businesses to adopt new innovations and accelerate digitalisation to drive sustainable growth in the region. 

"This, in turn, fuels the reinvigoration strategy we've established for Medini, attracting high-tech businesses and skilled talents and ultimately contributing to a sustainable and thriving metropolis," he said in a statement.

Tech Medini aims to empower startups and accelerate them towards growth and success. It is offering several growth development programmes, like Medini Nexus and Medini Soft Landing Programme.

The Medini Nexus is a platform that would enable startups to build a strong foundation for success, fostering creativity and innovation towards shaping a sustainable business in the future.

Meanwhile, the Medini Soft Landing Programme helps facilitate international companies in setting up their businesses in Medini. 

It offers packaged support services that allow the ease of market entry with guided consultation on business registration setup, office spaces, accommodation options, talent requirements, and localisation services.

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