NCT industrial park to boost investments from local and foreign investors


NCT Group general manager (sales and marketing) and NSIP project leader Eddy Lim Swee Shien gives a glimpse of NSIP at MCEC 2022.

KUALA LUMPUR: NCT Group of Companies (NCT Group) is working with Malaysia-China Chamber of Commerce (MCCC) to boost investment opportunities from local and international investors via its NCT Smart Industrial Park (NSIP) project located in Selangor.

In a statement today, NCT Group said the managed industrial park is targeted to create 50,000 job opportunities when completed. It is being positioned as a global hub for the semiconductor, electronics and electrical and pharmaceutical industries.

"Sustainability is at the core of NSIP and the project embodies environmental, social and governance (ESG) values,” said NCT Group general manager (sales and marketing) and NSIP project leader Eddy Lim Swee Shien.

The company is working with the Hainan government to attract investors to invest in NCT’s properties and developments under NSIP.

NCT is also working closely with state government investment arm, Invest Selangor, Malaysian Investment Development Authority, and the International Trade and Industry Ministry to give the project exposure by tapping into their pool of investors and network.

Site clearing started earlier this month and NSIP phase 1A is fully booked. Located at the Integrated Development Region in South Selangor (IDRISS), it is being developed as a Fourth Industrial Revolution-inspired development.

At the recent 12th Malaysia-China Entrepreneurs Conference (MCEC 2022), Lim said NSIP is designed with the GreenRE rating criteria.

The project is being supported by Telekom Malaysia Bhd, Solarvest Holdings Bhd and Samaiden Group Bhd, and other players aligned with NCT’s vision to contribute towards reducing industrial carbon footprint, Lim said.

He said NCT has been ramping up end-to-end digitalisation of NSIP facilities by partnering industry players to feature advanced infrastructure, state-of-the-art data analytics, artificial intelligence, and Internet of Things technology to boost productivity and maximise investors’ return on investment.

"There will be flood prevention features and smart traffic systems within and around the facility to better manage traffic flows,” Lim said. - Bernama

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