JOHOR BAHRU, Property developer MB World Group Bhd, formerly a listed company, has launched its 732-acre MBW Innexus Industrial City in Tanjung Langsat, Johor Bahru.
The project, undertaken by its subsidiary Rising Gateway Sdn Bhd, is a freehold heavy industrial township within the Forest City Special Financial Zone (SFZ), which is part of the Johor–Singapore Special Economic Zone (JS-SEZ). The development carries a gross development value (GDV) of RM2.03 billion.
Strategically located, MBW Innexus is just 6km from Tanjung Langsat Port and 14km from Johor Port, with connectivity to Senai International Airport and Singapore’s Changi Airport. To support the development, Rising Gateway has secured a bilateral financing agreement with Maybank Islamic Bhd valued at up to RM635.6 million.
At the launch, TM One, the enterprise arm of Telekom Malaysia Bhd, handed over its Smart Industrial Park Blueprint, which will integrate advanced infrastructure such as enterprise 5G, Internet of Things (IoT), AI-powered surveillance, cloud solutions, and ESG-aligned systems. Phase 1 of MBW Innexus, covering 13 industrial plots, is scheduled for completion by the second quarter of 2027.
MB World executive director Datuk Rohman Ahmad described the project as a transformative initiative to reinforce Johor’s position as a regional industrial hub.
“This development is more than economic growth — it encompasses industrial parks, affordable housing, commercial spaces, and community facilities designed to create real value for local residents and workers,” he said.
The launch was officiated by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, who highlighted that MBW Innexus investors stand to benefit from pilot policies under the JS-SEZ aimed at reducing bureaucracy, expediting approvals, and easing immigration, customs, and talent mobility.
“Being surrounded by a strong supplier and talent ecosystem will benefit investors like MBW Innexus and its customers,” he said, adding that the project would also spur co-location opportunities for SMEs and MNCs, strengthening supply-chain resilience.
