EcoWorld, NS Corp Eye Potential Partnership To Develop Industrial Water Supply Solutions

KUALA LUMPUR, Nov 12 (Bernama) -- Eco World Development Group Bhd (EcoWorld) and NS Corporation (NS Corp) will explore a potential collaboration on the development of industrial water supply solutions for industrial parks. 

In a statement today, EcoWorld said it would cover Eco Business Park VII (EBP VII), as well as any other industrial parks that may be developed by EcoWorld within Negeri Sembilan in the future.

EcoWorld today signed a memorandum of understanding (MoU) with NS Corp, a state statutory body incorporated to promote, stimulate, manage, and coordinate investment and economic sectors in Negeri Sembilan, including the development of Malaysia Vision Valley 2.0 (MVV 2.0).

“The signing of the MoU is in recognition of a new area of opportunity for public-private sector collaboration to accelerate the development of water infrastructure in Negeri Sembilan for industrial use. 

“Pursuant to the MoU, the parties will jointly undertake feasibility studies on the potential development of a desalination water treatment plant as an alternative and supplementary source of industrial water supply for EcoWorld’s industrial parks,” it said. 

EcoWorld said the collaboration would enhance the competitiveness of both the state and EcoWorld’s projects within it, reinforcing Negeri Sembilan’s position as a leading destination for high-value manufacturing and technology investments, including data centres.

It added that the duration of the MoU is one year, with an option to renew for a further period subject to mutual agreement between the parties.

EcoWorld noted that Negeri Sembilan recorded a total of RM41.5 billion in approved investments from 2023 to June 2026, with domestic direct investments (DDI) accounting for RM24.2 billion (58 per cent), while foreign direct investments (FDI) amounted to RM17.3 billion (42 per cent). 

“The bulk of these investments are in MVV 2.0, which has been transformed into one of Malaysia’s fastest-growing industrial corridors, supported by its proximity to Kuala Lumpur, competitive land prices, improving infrastructure and an expanding industrial base,” it said. 

EcoWorld said EBP VII, which is situated in MVV 2.0, has also been experiencing “overwhelming demand”, with RM2 billion in sales achieved in less than one year since its launch in November 2025. 

“Interest in the project remains elevated with sustained enquiries received from both DDI and FDI sources,” it added. 

-- BERNAMA