KUALA LUMPUR: Zecon Bhd has entered into a tripartite memorandum of understanding (MoU) with Sarawak Digital Economy Corp Bhd (SDEC) and Centre for Technology Excellence Sarawak Sdn Bhd (Centexs) for the development of the 3,000-acre Kota Petra Green Technology Park in Sarawak.
In a filing with Bursa Malaysia, Zecon said the development of the project, of which it is the land owner, is subject to the approvals of the government and regulatory authorities.
The MoU entails that SDEC shall have exclusive rights to provide supporting services and amenities at the project.
Meanwhile, Centexs shall have the exclusive rights to provide industry-based competency training with talent and skills development to meet the workforce needs and develop technology testbeds and technology applications towards commercialisation.
Zecon shall be responsible for the management of the land, development of main road infrastructure and amenities along the road and building the 300MW solar farm as consented by the Ministry of Utility and Telecommunication Sarawak and Sarawak Energy Bhd.