Paragon Globe partners UOB Malaysia for green financing initiatives

KUALA LUMPUR: Paragon Globe Bhd has inked a five-year memorandum of collaboration that appoints UOB Malaysia as its preferred banking partner for its upcoming property development projects.

In a statement, Paragon Globe said the partnerships will centre on green financing, sustainability and cross-border investment linked to the Johor–Singapore Special Economic Zone (JS-SEZ).

Under the terms of the partnership, both parties will cooperate to structure innovative green-financing mechanisms, facilitate investor connections and

embed ESG best practices across Paragon Globe’s development portfolio.

Through this partnership, UOB Malaysia will offer exclusive homebuyer and business banking packages including preferential financing rates and streamlined approval processes for purchasers and business partners. 

UOB Malaysia will also extend green financing solutions for eligible PGB developments and provide advisory support on obtaining recognised green project certifications. 

As part of this collaboration, UOB Malaysia will establish a dedicated presence at PGB Experience Gallery Property Showcase to engage end-buyers and provide financial advisory services related to Paragon Globe’s residential, commercial and industrial developments.