IIB Ventures and MTDC Inks MoU to Support Johor’s 4R Growth

IIB Ventures Sdn Bhd (IIB Ventures), a subsidiary of Iskandar Investment Berhad (IIB) and Malaysian Technology Development Corporation Sdn Bhd (MTDC), have inked a Memorandum of Understanding (MoU) aiming to establish a Smart city in Johor, transforming Medini Iskandar Malaysia into a Digital Hub.

This collaboration aspires to develop Robotic Centre of Excellence (CoE), developing up to 200 technopreneurs focusses in robotic and the emerging industry 4R technology. It also outlines initiative to support activities which in line with MTDC’s centre of 9 pillars to offer local companies an affordable and impactful industry 4.0 solutions.

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