Skip to main content

IIB and Kilsa Global collaborate to unlock SEA market opportunities

 

IIB’s Tech Medini initiative is committed to providing opportunities for Korean startups and SMEs to thrive, offering comprehensive support and fostering a collaborative ecosystem for innovation and growth in Southeast Asia.


Iskandar Investment Berhad (IIB) is excited to announce a strategic partnership with KILSA Global to accelerate the entry of Korean startups and small and medium-sized enterprises (SMEs) into Southeast Asia. 

This collaboration not only aims to position Medini and Iskandar Puteri as key hubs for Korean innovators but also to attract global talent, investment, and innovation to Johor, contributing to the state’s economic growth and development.

IIB, a catalyst for the transformation of Iskandar Malaysia, continues to develop Medini as a sustainable urban hub with a focus on technology, innovation, and business services. 

Medini and Iskandar Puteri offer a robust ecosystem that supports cutting-edge industries. 

Situated just 45 minutes from Singapore, Medini’s connectivity will soon be further enhanced by major infrastructure projects like the Rapid Transit System (RTS), Autonomous Rapid Transit (ART), and the potential High-Speed Rail (HSR). 

These projects will strengthen Medini’s links to Singapore and other ASEAN markets, reinforcing its role as a key gateway for global investors and an ideal launchpad for Korean businesses in Southeast Asia’s market of over 660 million people and a combined GDP of US$3 trillion.

Dato’ Idzham Mohd Hashim, President/CEO of IIB, stated, “Our collaboration with KILSA Global opens exciting new opportunities for Korean startups and SMEs to establish a strong presence in Southeast Asia, while contributing to the region’s economic growth. 

"At IIB, we are committed to facilitating Korean businesses by providing comprehensive investment support, connecting them with key agencies like Invest Johor, Malaysian Investment Development Authority (MIDA) and Malaysian Development Economic Corporation (MDEC) for a seamless setup process. 

"Through this partnership, we aim to foster a vibrant innovation ecosystem that encourages collaboration between Korean businesses, local industry players, and educational institutions. 

"This will enable access to mentorship, networking, and talent development opportunities, ensuring Korean innovators have the resources, infrastructure, and networks to scale and succeed.”

"As a hub for innovation, Medini hosts strategic initiatives such as Tech Medini and GBS Iskandar @ Medini, where a multitude of multinational corporations have already established their presence. 

"With over USD 30 billion invested in infrastructure, the city has become a thriving centre equipped with world-class facilities, making it an ideal location for businesses to scale in the region."

KILSA Global is a Singapore-headquartered expansion service platform with a strong presence across Southeast Asia and Korea. 

The company specialises in helping businesses seamlessly enter global markets by offering localised expansion services and access to extensive regional networks. 

KILSA Global enables its clients to unlock diverse opportunities, establish a market presence, and accelerate growth with minimal investment.

Mr. Philip Jongseok Park, Managing Director of KILSA Global, added, "This collaboration provides Korean businesses with a gateway into one of the fastest-growing regions in the world. 

"With over 30,000 Korean SMEs actively seeking overseas expansion and contributing to more than 99% of Korea's business landscape, Southeast Asia presents a significant opportunity. 

"The region's digital economy is projected to reach USD 300 billion by 2025, and we are excited to connect Korean startups and SMEs with the immense potential Medini and Iskandar Puteri have to offer, particularly in the technology and innovation space."

Through strategic initiatives like this, IIB is not only enabling business growth but also contributing to Johor’s transformation by attracting international talent, fostering innovation, and boosting local industries. 

IIB remains committed to building a sustainable and inclusive metropolis of the future in Johor.


JIWA MERDEKA

Comments

Popular posts from this blog

Laugh and the world laughs with you

  Image created by ChatGPT Laugh and the world laughs with you, snore and you sleep alone. - Anthony Burgess To achieve the impossible dream, try going to sleep. - Joan Klempner If you can't sleep, then get up and do something instead of lying there and worrying. It's the worry that gets you, not the loss of sleep. - Dale Carnegie Determine never to be idle...It is wonderful how much may be done if we are always doing. - Thomas Jefferson Far from idleness being the root of all evil, it is rather the only true good. - Soren Kierkegaard Indolence is a delightful but distressing state; we must be doing something to be happy. - Mahatma Gandhi Laziness is nothing more than the habit of resting before you get tired. - Jules Renard Idleness is not doing nothing. Idleness is being free to do anything. - Floyd Dell Idleness and lack of occupation tend - nay are dragged - towards evil. - Hippocrates, Decorum I don't think necessity is the mother of invention - invention, in my opinio...

We are an impossibility

  We are an impossibility in an impossible universe. - Ray Bradbury The higher the buildings, the lower the morals. - Noel Coward Do not anticipate trouble, or worry about what may never happen. Keep in the sunlight. - Benjamin Franklin Nothing takes the taste out of peanut butter quite like unrequited love. - Charles M. Schulz, Charlie Brown in "Peanuts" Never go to excess, but let moderation be your guide. - Cicero Fiction is obliged to stick to possibilities. Truth isn't. - Mark Twain What we obtain too cheap, we esteem too lightly. - Thomas Paine Selfishness is not living as one wishes to live, it is asking others to live as one wishes to live. - Oscar Wilde Take calculated risks. That is quite different from being rash. - George S. Patton On the whole human beings want to be good, but not too good, and not quite all the time. - George Orwell READ MORE

The world is a tragedy

  Horace Walpole The world is a tragedy to those who feel, but a comedy to those who think. - Horace Walpole I have never let my schooling interfere with my education. - Mark Twain A national debt, if it is not excessive, will be to us a national blessing. - Alexander Hamilton To play it safe is not to play. - Robert Altman There are two ways of exerting one's strength: one is pushing down, the other is pulling up. - Booker T. Washington The world is round; it has no point. - Adrienne E. Gusoff I think the world is run by 'C' students. - Al McGuire The most incomprehensible thing about the world is that it is at all comprehensible. - Albert Einstein All the world's a cage. - Jeanne Phillips All the world's a stage and most of us are desperately unrehearsed. - Sean O'Casey READ MORE