KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld) is exploring the development of a water desalination treatment plant in Negeri Sembilan for industrial water supply solutions for industrial parks developed under the Eco World brand there.
The property developer has signed a memorandum of understanding (MoU) with NS Corporation to jointly undertake feasibility studies on developing an alternative and supplementary source of industrial water in the state.
EcoWorld said the collaboration reflects an opportunity for public-private sector cooperation to accelerate water infrastructure development in the state and enhance the competitiveness of its industrial developments.
The MoU also covers other industrial parks that EcoWorld may develop in Negeri Sembilan in the future.
The move comes amid growing investment momentum in the state, which recorded RM41.5 billion in approved investments from 2023 to June 2026.
Domestic direct investments accounted for RM24.2 billion, or 58 per cent, while foreign direct investments contributed RM17.3 billion, or 42 per cent.
A significant portion of these investments are concentrated in Malaysia Vision Valley 2.0 (MVV 2.0), which has emerged as one of the country’s fastest-growing industrial corridors, supported by its proximity to Greater Kuala Lumpur, competitive land prices and improving infrastructure.
EcoWorld’s Eco Business Park VII, located within MVV 2.0, has also recorded strong demand, achieving approximately RM2 billion in sales in less than a year since its launch in November 2025.
The company said enquiries for the industrial park remained elevated, with sustained interest from both domestic and foreign investors.
The MoU is valid for one year, with an option for renewal subject to mutual agreement between both parties.