JLG Capital Sdn Bhd and Kasumigaseki Capital (Malaysia) Sdn Bhd will evaluate potential joint ventures (JV) to develop, own and operate cold-chain and automated logistics facilities in Malaysia, following the signing of a memorandum of understanding.
The collaboration will cover opportunities across frozen, chilled, temperature-controlled and ambient-temperature storage, with both parties exploring more automated logistics infrastructure to improve storage capacity, space utilisation and the movement of goods.
Under the arrangement, JLG Capital will provide the local development platform, including suitable land, market access, stakeholder coordination and financing facilitation, with potential projects able to leverage growth areas such as the Johor-Singapore Special Economic Zone.
Kasumigaseki Capital Malaysia, meanwhile, will contribute capabilities spanning project planning, development, funding, leasing and operational management, supported by its international network of customers and logistics operators.
JLand Group Managing Director Datuk Sr Akmal Ahmad said the partnership is aimed at assessing how advanced cold-chain infrastructure can support the evolving requirements of Malaysian industries and improve operational performance.
The tie-up also forms part of JLG’s broader push to bring more technology into its real estate and infrastructure platform, in line with the New Industrial Master Plan 2030 and its focus on productivity, technology adoption and higher-value industrial activity.
