Kuala lumpur: Export-Import Bank of Malaysia Bhd (EXIM Bank) has granted a US$70 million Islamic Overseas Investment Financing facility to Berjaya Land Bhd’s wholly owned subsidiary, Berjaya Okinawa Investment (S) Pte Ltd. The facility is aimed at supporting the development of the Four Seasons Resort and Private Residences Okinawa, Japan.

According to BERNAMA News Agency, Berjaya Land announced that its subsidiary, Berjaya Okinawa Invest TMK, will take charge of the overall planning and construction of the Four Seasons Okinawa as the project developer. The resort will span 32 acres of beachfront and offer 279 accommodations, including 127 resort rooms, 124 condominiums, and 28 private villas. Construction is underway, with completion anticipated in July 2027, followed by a three-month pre-opening phase. The project is expected to have a gross development value of US$1.12 billion.

The financing agreement was signed by Berjaya Land Group CEO, Syed Ali Shahul Hameed, representing Berjaya Okinawa Investment. EXIM Bank highlighted that the project aligns with its mission to enhance Malaysia’s global presence and support the international expansion of Malaysian businesses. The bank intends to continue utilizing strategic financing programmes to aid Malaysian enterprises abroad.

EXIM Bank also mentioned upcoming initiatives like the RM500 million Export Leap Scheme (EXL) and the Malaysia Global Connect (MGC) Go Export Cover Programme, both set to launch in 2026 as part of Budget 2026. These initiatives aim to boost private sector investment and expand Malaysia’s reach in non-traditional markets.