Malaysia’s Maybank backs biofuel, medical projects in Johor special zone

Malaysia's Maybank backs biofuel, medical projects in Johor special zone 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).