Strategically located only 45 minutes away from Singapore’s Central Business District, the centre will both provide and receive support from Singapore’s well established Vistra offices.
Chris Burton, Managing Director of Vistra Singapore, commented on the opening of the centre, “Aside from Iskandar Puteri’s strategic location, the area also presents a good balance of cost effectiveness, paramount infrastructure, and highly-skilled talent pool, which are extremely beneficial to support our ongoing expansion in the ASEAN region.”
The office will also offer a range of corporate and consultancy services to assist multinationals setting up operations on the ground in Malaysia, augmenting Vistra’s growth as they enter the new economy. Outsourced corporate services, including accountancy and tax compliance services, will also be offered to local companies.
Martin Crawford, CEO of Vistra, added, “Malaysia’s economy has recently undergone a transition, creating an environment well suited for financial services, attracting investment from multinationals to establish their base here. We envision that our expansion in Malaysia will not only further grow our global footprint, but will also provide another potential market for our clients to tap into.”
The opening was officiated by YAB Dato’ Seri Mohamed Khaled Nordin, Menteri Besar of Johor who said, “The launch of Vistra’s operation in Iskandar Puteri marks another milestone for the GBS ISKANDAR programme in attracting investments, as well as creating high-value and knowledge-based job opportunities.”
Also present at the launch was Zulfiqar Zainuddin, Managing Director of i2M Ventures Sdn Bhd, a wholly-owned subsidiary of Khazanah Nasional Berhad dedicated to investment promotion initiatives for the Global Business Services (GBS) sector in Iskandar Puteri. Zainuddin noted, “We are pleased to have Vistra join the growing GBS community in Iskandar Puteri. The growth of the GBS sector has been robust and its promotion as an economic sector will help accelerate the nation’s socioeconomic growth while driving Johor and Malaysia into new heights.”
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