The Singapore Business Federation (SBF) delegation’s final stop was at INFINITY8, an award-winning co-working space led by entrepreneur Lee Sheah Liang. In just three months, INFINITY8’s newest office space in Mid Valley Southkey Johor Bahru achieved an occupancy rate of 75%, showcasing remarkable adaptability and growth.
More than just an office space, INFINITY8 has become a symbol of opportunity, offering an attractive gateway for businesses keen on tapping into Malaysia’s cost-effective workforce.
During their visit to INFINITY8, the delegation received insights from Joe Chong, CEO of ASQ Consulting Group. His presentation unveiled a captivating trend – Chinese manufacturing companies are expanding their operations into Malaysia, navigating evolving trade dynamics.
Chong shared real examples of Chinese firms adopting co-working offices and virtual setups in Malaysia. The key takeaway was Malaysia’s simplified process for business licenses and permits, making it an attractive choice for foreign enterprises.
The SBF’s exploration of Johor signifies a growing interest in cross-border collaborations, leveraging the economic dynamics and cost efficiencies of the region. Johor offers Singaporean businesses a land of opportunities and growth potential.
With INFINITY8 providing a dynamic workspace and ASQ Consulting Group simplifying the business setup process, the future looks bright for those expanding into Southeast Asia.
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