WORQ in progress

• 500-backed WORQ is set to bring their dynamic work spaces beyond Greater Kuala Lumpur, with plans to launch in two Malaysian states, Johor and Penang, as early as this year to meet the growing demand for flexible workspaces in Malaysia’s key economic hubs.
• The team shared their enthusiasm about Johor, especially following the official announcement of the Johor-Singapore Special Economic Zone (JS-SEZ).
• Co-founder & CEO Stephanie Ping explained, “This collaboration between Malaysia and Singapore will help address the needs of their growing economies as it is positioned to boost regional development, attract global investors, and create more job opportunities.”
• “Businesses are actively looking to establish operations near both Malaysia and Singapore, with sectors like manufacturing, technology, and logistics seeing significant expansion,” she added.
• Co-founder & CFO Andrew Yeow revealed plans to open up to 4 outlets annually, targeting 100,000 square feet of workspace each year.
• Stephanie added that with a rise in foreign investment in Southeast Asia, WORQ aims to be at the forefront of Malaysia’s coworking space revolution to support businesses and foster economic growth.
• Read the full story here.