Malaysia's Maybank backs biofuel, medical projects in Johor special zone
KUALA LUMPUR -- Malaysia's largest bank, Malayan Banking (Maybank), will help three Singapore-based clients' investments in a new economic zone in the southern state of Johor, the bank announced Monday, highlighting the financial sector's growing interest in the cross-border initiative.
Maybank is among the six regional and international banks that signed a letter of interest (LOI) with Iskandar Regional Development Authority to facilitate investments in the Johor-Singapore Special Economic Zone (JS-SEZ).
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