Medini Iskandar Malaysia Sdn Bhd (“MIM”) owned by Jasmine Acres Sdn Bhd (80.42%) and United World Infrastructure (19.58%) is the master developer of the new metropolis Medini – a vibrant and developing sustainable city located in Iskandar Malaysia, Johor. MIM promotes Medini locally and globally, and works closely with government linked companies and agencies such as Khazanah Nasional Berhad, the Iskandar Regional Development Authority (IRDA) and Iskandar Investment Berhad as well as investors and developers to establish Medini as the central business district of Iskandar Puteri, Iskandar Malaysia.
The development of Medini is undertaken in partnership between the private and public sectors. It is the culmination of a shared vision – the vision of the Malaysian Federal Government, the Johor State Government and their strategic partners, namely:
Jasmine Acres Sdn Bhd
Jasmine Acres is jointly owned by Khazanah Nasional Berhad and Iskandar Investment Berhad.
Khazanah Nasional Berhad (Khazanah)
Khazanah Nasional Berhad (Khazanah) is the strategic investment arm of the Government of Malaysia entrusted to hold and manage the commercial assets of the Government and to undertake strategic investments. Khazanah is involved in various sectors such as power, telecommunications, financial institutions, healthcare, aviation, infrastructure, leisure & tourism, property, creative & media, education, and innovation & technology. Some of the key listed companies in Khazanah’s investment portfolio include Telekom Malaysia Bhd, Tenaga Nasional Bhd, CIMB Group, Axiata Group Bhd, IHH Healthcare Bhd, Malaysia Airports Holdings Bhd and UEM Sunrise Bhd.
For more information, visit www.khazanah.com.my
United World Infrastructure (UWI)
United World Infrastructure (UWI) invests in the acquisition, development, and management of real-estate and infrastructure assets to stimulate economic growth, technology transfer, and foreign direct investment. Committed to people-centric communities, UWI transforms underdeveloped land into real-estate assets that attract development catalysts such as theme parks, hospitals, and schools. Its infrastructure assets for new cities include: road networks, water and drainage systems, sewage systems, electricity, telecom networks, and systems for renewable energy and recycling to ensure environmental sustainability. UWI’s financial products, including yield-driven development models and infrastructure and commercial concessions, optimize returns to project investors and allow for multiple exit strategies. Operating globally, UWI continues to engage governments and institutional investors for partnerships in new development projects.
For more information, visit www.uwi.com