Thursday, July 18, 2024

Uni Wall Aps to collaborate with Sun Solutino on MVV 2.0 projects

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KUALA LUMPUR: Uni Wall Aps Holdings Bhd‘s 80%-owned NS Aero City Sdn Bhd has entered into a memorandum of collaboration with Sun Solutino Pte Ltd to develop certain projects related to Malaysia Vision Valley 2.0.

“This includes the funding by Sun Solutino for the development of certain parts at the beach area of MVV 2.0, new data centres, and solar farms as well as other solar energy investments with an estimated investment value of up to RM1bil,” it said in a statement.

“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.

“We are confident that with the combination of this and support from governmental authorities, we 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,” said Uniwall CEO Siow Hon Yuen.

The memorandum of collaboration will remain valid for a period of one year from the date of the agreement.

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