EcoWorld Completes RM119 Million Johor Land Sale

EcoWorld Strikes RM119 Million Land Deal in Johor

PETALING JAYA: Eco World Development Group Bhd (EcoWorld Malaysia) has reached an agreement to sell a 32.9-acre industrial plot in Johor to Deye New Energy for RM119 million.

In an official statement, EcoWorld Malaysia confirmed that the land is part of Eco Business Park II, located in Senai, Iskandar Malaysia.

Growing Interest from Chinese Investors

Liew Tian Xiong, deputy CEO of EcoWorld Malaysia, stated that this transaction underscores the ongoing interest of Chinese industrial players in Eco Business Parks, especially in innovative and high-growth sectors.

EcoWorld ’s Vision for Sustainable Growth

“As a renowned solar photovoltaic systems producer, Deye’s expansion into our development aligns with our vision of collaborating with businesses that actively contribute to sustainability,” Liew added.

Deye’s Expansion Plans

Deye, a subsidiary of Ningbo Deye Technology Co from China, has unveiled plans to allocate up to US$150 million for a new solar equipment production facility in Malaysia.

Ningbo Deye is recognized as a high-tech enterprise and a key competitor in the global solar inverter industry.

relevant news: HERE

  • Related Posts

    QueensFloor Is Quietly Taking Over Malaysia’s Homes—Here’s Why It’s a Big Deal

    QueensFloor is Malaysia’s trusted flooring brand, offering top-quality SPC, vinyl, laminated flooring, and stylish wall panels. Known for award-winning service, outstanding customer reviews, and an expanding presence from Selangor to Johor Bahru, QueensFloor delivers practical, beautiful, and lasting interiors that Malaysians love.

    The Ultimate Johor Bahru Food Trail: These Hidden Gems Will Blow Your Mind

    Craving JB food? Don’t miss these 5 must-try spots, from spicy Laksa to nostalgic kopitiam delights!

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    2025 QueensFloor Product Review: Modern Flooring for Malaysian Homes

    2025 QueensFloor Product Review: Modern Flooring for Malaysian Homes

    Malaysia’s Top Flooring Specialists in 2025: Why QueensFloor Flooring is the #1 Choice

    Malaysia’s Top Flooring Specialists in 2025: Why QueensFloor Flooring is the #1 Choice

    QueensFloor Brand: Elevating Every Step of Malaysian Living Spaces

    QueensFloor Brand: Elevating Every Step of Malaysian Living Spaces

    QueensFloor Is Quietly Taking Over Malaysia’s Homes—Here’s Why It’s a Big Deal

    QueensFloor Is Quietly Taking Over Malaysia’s Homes—Here’s Why It’s a Big Deal

    The Ultimate Johor Bahru Food Trail: These Hidden Gems Will Blow Your Mind

    The Ultimate Johor Bahru Food Trail: These Hidden Gems Will Blow Your Mind

    【News Report】Comprehensive Guide to Company Registration in Malaysia: Paving the Way to Business Success

    【News Report】Comprehensive Guide to Company Registration in Malaysia: Paving the Way to Business Success

    【BREAKING TECH BULLETIN】The AI Money-Making Era Has Arrived! 3 Genius Ways Malaysians Are Earning Thousands Automatically

    【BREAKING TECH BULLETIN】The AI Money-Making Era Has Arrived! 3 Genius Ways Malaysians Are Earning Thousands Automatically

    [News Alert] Malaysia’s EPF Withdrawal Mechanism Revamped in 2025: Are You Ready?

    [News Alert] Malaysia’s EPF Withdrawal Mechanism Revamped in 2025: Are You Ready?