BUKIT MERTAJAM: Property developer Suling Hill Development Sdn Bhd has launched the Northern TechValley @ BKE, an industrial park project with a gross development value (GDV) of RM1.3bil.
Located alongside Butterworth-Kulim Expressway (BKE), Northern TechValley @ BKE is a joint venture between Suling Hill, leading industrial space solutions provider AME Elite Consortium Bhd and property developer Majestic Gen Sdn Bhd.
Suling Hill director Ta Wee Dher said the 176-acre Northern TechValley represents AME Elite’s first expansion in integrated industrial park developments outside Johor and has attracted interest from leading domestic and multinational corporations from high-value-added industries.
Ta said Northern TechValley aims to generate job opportunities and strengthen the local supply chain, by creating a conducive environment that meets the needs of global and domestic companies.
“This initiative is essential for enhancing Penang’s investment appeal and positioning the state as a prime destination for high-quality investment and innovation in the region.
“Our dedicated team has meticulously planned this project as a green industrial development, incorporating features designed to mitigate environmental impacts while pursuing GreenRE certification,” he said in a speech at the launch of development yesterday.
Penang Chief Minister Chow Kon Yeow officiated at the event. InvestPenang chief executive officer Datuk Loo Lee Lian was also present.
Ta said Northern TechValley’s prime location along the BKE ensures excellent connectivity via major road networks, including the North-South Expressway, as well as proximity to key rail lines, ports and airports would enable efficient logistics and supply chain management.
He said Northern TechValley would offer one-stop, flexible-space solutions tailored for diverse operational needs, enabling companies to optimise operations and accelerate expansion plans.
It would also feature robust utilities, reliable power and water supply, and high-speed fibre-optic Internet.
He said the project is expected to be completed in 2029.
Chow said earthworks had started in August and construction is expected to begin in the first half of 2025.
“These investments illustrate the confidence local and global businesses have in Northern TechValley’s potential to become a thriving industrial hub and is a testament to Penang’s continued appeal as a destination for innovative and high-value industries,” he added. — Bernama
