Incorporated in 2007, MIMSB is 60% owned by IIB, 20% owned by UWI and 20% owned by Mitsui & Co., Ltd. As master developer of the Medini Iskandar Malaysia township (Medini), MIMSB completed RM1.4 billion worth of infrastructure works in three years, including roads and drains, sewerage treatment plant, and the water reticulation system inclusive of reservoir and landscape. MIMSB is the custodian of the Medini master plan as approved by the authorities and MIMSB maintains ownership of a sizeable Land Bank in Medini. Medini is an integrated urban development township situated at the centre-point of one of the region’s largest property development markets. Located in Iskandar Malaysia, Medini is a flagship development and future icon of the region with a vision to deliver a favourable ambience for life, work and leisure. Spread over an area of 2,230 acres, Medini will serve as a regional catalyst with structured incentives and quality developments designed to meet the needs of global businesses. While many global investment destinations offer opportunity, Medini delivers the right market, location, lifestyle and fiscal support ecosystems in a single package.