CIMB Bank announced that it has thus far dispersed out RM4.2 billion of CIMB’s RM10 billion dedicated funding for corporates and SMEs in the JS-SEZ zone.
Of this amount, almost one-third has been extended to small and medium enterprises, translating into RM1.15 billion in financing support to SMEs across the zone.
Ahmad Shazli Kamarulzaman, Co-Chief Executive Officer of Group Commercial and Transaction Banking said, “Forward Future SME 2026 reflects our commitment that SMEs must be empowered not only to succeed locally, but to scale regionally, integrate into regional and global value chains, and participate confidently in cross-border trade and investment.
From a sectoral perspective, Johor’s economy remains well-balanced and resilient. The services sector is the largest contributor, accounting for 37.2% of Johor’s GDP, supported by logistics, trade
and business services, while the manufacturing sector contributes 29%, underscoring Johor’s strength as a key industrial and production hub especially relevant for the manufacturing SMEs gathered at the event.
