UNIWALL to develop MVV 2.0 with RM1 bil investment from Sun Solutino

UNI Wall APS Holdings Bhd (UNIWALL) entered a memorandum of collaboration with Sun Solutino Pte Ltd (Sun Solutino) to initiate participation and cooperation to develop parts of the Malaysia Vision Valley 2.0 (MVV 2.0) through its special purpose vehicle with NS Corporation, NS Aero City Sdn Bhd (NSAC) in Negeri Sembilan.

NSAC and Sun Solutino will partner up to carry out and implement the development of certain parts of the MVV 2.0.

“We are pleased and excited that we are one step closer to making MVV 2.0 a reality. Under the MVV 2.0, we envision to create a prosperous, inclusive and sustainable platform for industry players to invest in Negeri Sembilan,” said UNIWALL CEO Siow Hon Yuen.

Furthermore, Sun Solutino will be funding for the development of parts of the beach area, new data centres and solar farms along with other solar energy investments with an estimated investment value of RM1 bil.

“This will be a great opportunity for us to leverage on our wide-ranging expertise in the construction sector while Sun Solutino provides support in real estate investment (REITs), development management and international networking,” Siow added.

Siow is also positive that with this combination and support from the governmental authorities, UNIWALL will be able to further the Negeri Sembilan state government’s agenda to stimulate the local economy by targeting key industry players that are able to make an overall impact.

“Moreover, MVV 2.0 is an economic growth corridor initiated by the Negeri Sembilan state government, earmarked as one of 17 promoted developmental zones in the Malaysian National Physical Plan,” remarked Siow.

The overall development, which is envisioned to be the next integrated city in Southeast Asia driven by public-private partnerships, spans across 153,411 hectares of land covering districts of Seremban and Port Dickson. – Feb 4, 2022

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