The signing ceremony between NCT Group and its five partner companies was witnessed by Member of the Selangor State Executive Council for Investment, Trade and Mobility Ng Sze Han, who received a token of appreciation from Datuk Sri Yap Ngan Choy, founder and group managing director of NCT Group
KUALA LUMPUR: A subsidiary of NCT Group of Companies, NCT Smart Management Sdn Bhd, has signed five memoranda of understanding (MoU), valued at a combined RM25mil, at the Selangor International Business Summit (SIBS) 2024.
In a statement, the group said the MoUs are set to enhance industry benchmarks at the NCT Smart Industrial Park (NSIP), Malaysia’s first managed industrial park located in the integrated development region in South Selangor (IDRISS) being developed by the NCT Group.
The MoUs represented five collaborations made separately with Honor Aigrafx Innovative Intelligence International (Honor Aigrafx), Harta Maintenance Sdn Bhd (Harta Maintenance), JMM Lightings Sdn Bhd (JMM Lightings), Zinxer Paint Marketing Sdn Bhd (Zinxer Paint) and OK Coating Sdn Bhd (OK Coating).
The collaboration with the expert in technology integration, Honor Aigrafx will introduce meta experience technology systems to NSIP, the Fourth Industrial Revolution (4IR) hub.
On the energy front, an MoU was signed with Harta Maintenance to develop comprehensive energy management solutions aimed at optimising energy consumption and substantially reducing costs at the facility.
Additionally, JMM Lightings will supply essential building materials that will facilitate the park's construction and operational requirements.
The MoU with Zinxer Paint ensures the supply of high-quality decorative and industrial coatings for NSIP.
Meanwhile, the collaboration with OK Coating, a specialist in producing architectural and decorative coatings, construction chemicals and waterproofing products, will see the supply of premium wood and metal surface coatings for NSIP.
“As the pioneer developer of smart industrial parks in the country, NCT Group is fully cognisant of the importance of investing in advanced technologies and sustainable practices to boost infrastructure and operational efficiencies of NSIP, with minimal environment impact.
"Together with our partners’ unique strengths and offerings, we are leading the way with industrial park development that elevates the NSIP experience for buyers and investors while we progressively transition towards becoming the first net zero emissions park by 2050," said NCT Group founder and managing director Datuk Seri Yap Ngan Choy.
