JLand, Kasumigaseki team up to explore smart logistics in Malaysia
KUALA LUMPUR: JLand Group's wholly-owned JLG Capital Sdn Bhd has signed a memorandum of understanding (MoU) with Kasumigaseki Capital (Malaysia) Sdn Bhd to explore advanced cold-chain and automated logistics infrastructure in Malaysia.
KUALA LUMPUR: JLand Group's wholly-owned subsidiary, JLG Capital Sdn Bhd, has partnered with Kasumigaseki Capital (Malaysia) Sdn Bhd to investigate cutting-edge cold-chain and automated logistics facilities in Malaysia. The Memorandum of Understanding (MoU) between the two companies will explore potential collaborations involving investments, development, ownership, and operations of cold logistics and warehousing facilities.
These may include frozen and chilled storage facilities, automated cold-storage warehouses, and other prospects within Malaysia's cold-chain and automated storage sector. JLG Group's managing director, Datuk Akmal Ahmad, highlighted the significance of this partnership in aligning with the group's strategy of developing real estate solutions that help industries operate more efficiently.
He stated, "For us, the future of real estate is not only about where industries operate, but how well they can operate. This means looking beyond the physical asset and bringing together the right infrastructure, technology, and expertise to help businesses become more efficient, resilient, and competitive." The collaboration aims to assess how advanced cold-chain infrastructure can address the evolving requirements of Malaysian industries while enhancing operational performance.
JLG Capital will offer the local development platform, encompassing suitable land, market access, stakeholder coordination, and financing facilitation. Potential opportunities may arise through leveraging strategic growth platforms such as the Johor-Singapore Special Economic Zone. In contrast, Kasumigaseki Capital will contribute expertise in project planning and development, funding, leasing, and operational management, supported by its extensive network of customers, logistics operators, and strategic business partners.
This collaboration adheres to the New Industrial Master Plan 2030, which emphasizes increased technology adoption, productivity, and higher-value industrial activities.
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