FICG signs JS-SEZ twinning MoUs
Analysis based on 6 articles · First reported Jul 31, 2026 · Last updated Jul 31, 2026
The strategic partnerships are expected to strengthen FICG's regional manufacturing and supply chain capabilities, potentially boosting its competitiveness in the AI and semiconductor sectors. The MoUs may also benefit AME Elite and JTC by attracting investment and industrial development to the JS-SEZ, while UOB's involvement could enhance its regional banking business.
On July 31, 2026, at the ASEAN Conference 2026 in Singapore, FICO (FICG), a Taiwan-listed technology group, formalized two Memoranda of Understanding to establish its Johor-Singapore Special Economic Zone (JS-SEZ) Twinning Strategy. PRO3C, FICG's advanced manufacturing subsidiary, signed an MoU with AME Elite Consortium Berhad, a Malaysia-listed industrial space solutions provider, to support manufacturing expansion in Johor. Concurrently, FICG signed a separate MoU with Singapore — JTC Corporation (JTC), Singapore's industrial master planner, to establish a Regional Innovation and Supply Chain Centre in Singapore. The initiative aims to integrate advanced manufacturing in Johor with innovation, strategic sourcing, and supply chain management in Singapore, enhancing FICG's cross-border capabilities. The strategy is supported by United Overseas Bank (UOB) for cross-border banking and connectivity. PRO3C's new manufacturing campus in Johor commenced volume production at the end of 2025 and will hold its Grand Opening Ceremony in October 2026. The partnerships were witnessed by senior officials including Singapore's Deputy Prime Minister Gan Kim Yong and Malaysia's High Commissioner to Singapore, Anizan Siti Hajjar.
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