19 October 2017, Johor – The Malaysia-China International Investment Promotion Association (MCIIA) officially launched and opened their first Malaysian office on 27 September 2017, at Medini 6 in Medini City, Central Business District of Iskandar Puteri. The launch was officiated by Tan Sri Tan Seng Leong, Group Managing Director of BCB Berhad who is the Honorary President of MCIIA. Also present at the event was Mr. Ai Mo, Chief Adviser of MCIIA and Dr. James Tee, the Managing Director / Chief Executive Officer of Medini Iskandar Malaysia Sdn Bhd (MIM).
MCIIA is now further expanding their reach with over 200 members nationwide and the numbers are fast growing. The association aims to assist businesses and investors from China particularly from Beijing, Shanghai, Guangzhou and Shenzhen to invest and set up offices in the 2,230-acre thriving urban integrated township, Medini City. Presence of MCIIA will serve the needs of members who are from various sectors such as manufacturing, property, financial and from chambers of commerce from other parts of China that require business consultation on investment opportunities in Medini City.
Tan Sri Tan Seng Leong said, “Medini City has the potential to attract international investors. With the future development of the High Speed Rail project (HSR) where the only HSR station in Johor will be located in Iskandar Puteri (about 5 minutes away from Medini City), and talent attraction efforts that are being planned, there will surely be a population boom in Medini City. Seeing these great potentials taking shape in Medini City, it led me to the idea of forming MCIIA, with the intention of bringing investors from China specifically to Medini City.”
Mr Ai Mo added, “I cannot help but compare Medini City to Shenzhen in China. I foresee that the transformation of Medini City will take place in three stages. The first ten years will be very much be on the building of infrastructure, and in the second and third ten years, Medini City will already be much like Shenzhen. I urge Chinese entrepreneurs to come and invest in Medini City, and I am happy to inform you that I will devote four to five days per month, for the whole of year 2018 to be in Medini City to help bring in Chinese entrepreneurs!”
Dr. James said, “The investment opportunities here are plentiful. There are many options for investors and businesses to consider, such as co-developing residential or commercial projects, taking on the role of service operator, or leasing office space to relocate or expand their business operations in our thriving Central Business District. Medini has an established eco-system that includes a best-in-class educational hub, EduCity, located less than 5 minutes away from Medini City. Popular attractions like LEGOLAND® Malaysia and quality healthcare facility such as Gleneagles Hospital is also located within Medini City. These complementary eco-system offerings are the key reasons why investors choose Medini City.”
During the official launch event, Dr. James Tee was appointed as the Chief Consultant to MCIIA, where his role is an advisory one, helping investors to make well-considered investment decisions by exploring opportunities in Medini City that would fit the needs of different investors.
“We are very happy to welcome MCIIA to Medini City, and we are grateful to Tan Sri Tan for initiating the idea of establishing MCIIA to channel investments into Medini City. We applaud Tan Sri’s passion and commitment to the success of Medini City. He is truly Medini’s global brand ambassador! I look forward to meeting the visitors and investors that MCIIA will be bringing into Medini City. We welcome investors from China, who will help to boost our economy and contribute towards making Medini City a vibrant and prosperous destination,” said Dr. James.