From left: SD Guthrie group managing director Datuk Mohamad Helmy Othman Basha, group chief operating officer Mohd Haris Mohd Arshad, AME Elite executive director and group CEO Dylan Tan Teck Eng and deputy chairman Kelvin Lee Chai at the memorandum of understanding signing ceremony
PETALING JAYA: SD Guthrie Bhd has partnered with AME Elite Consortium Bhd’s wholly-owned subsidiary, AME Industrial Park Sdn Bhd, to develop a green industrial park on 641 acres within SD Guthrie’s Kulai estate in the Johor-Singapore Special Economic Zone (JS-SEZ).
In a joint statement, the companies highlighted that the upcoming industrial park is set to adhere to stringent environmental standards and sustainable practices.
It said the industrial park would feature a dedicated solar park to provide green energy.
SD Guthrie group managing director Datuk Mohamad Helmy Othman Basha said the partnership is a strategic move for the company as it enters new business verticals.
“This collaboration with AME Elite signals our intent to create more revenue streams from our strategically located land assets and more value for our shareholders,” he noted.
AME Elite executive director and group chief executive officer Dylan Tan Teck Eng noted that the collaboration represents an important opportunity to enhance sustainable industrial development in Malaysia.
“This collaboration with SD Guthrie further raises our profile as a leading sustainable industrial park developer, attracting foreign investments and supporting domestic industries,” he said.
Tan added that the project would “not only adhere to high environmental standards, but also lead the way in sustainability.”
He said that by combining AME Elite’s expertise in industrial parks with SD Guthrie’s strategically situated land, the partnership is set to attract high-value industries and capitalise on the strong potential of the JS-SEZ.
The industrial park is envisioned as a hub for high-value sectors, including logistics, advanced manufacturing and clean technologies.
It will feature ready-built and custom-built factories, with options like semi-detached, detached and superlots to accommodate diverse business needs.
“Through this memorandum of understanding, SD Guthrie intends to unlock the value of its strategically located landbank within the JS-SEZ,” the statement noted.
Both parties aim to finalise a joint venture agreement within the next five months.
AME Elite has successfully completed four industrial development projects in Johor and is currently developing four others in Johor and Penang, covering a total of approximately 800 acres with a combined estimated gross development value of RM6bil.
Additionally, the statement noted SD Guthrie is in discussions with several state agencies and potential partners to develop selected land parcels in strategic locations throughout Malaysia.
AME Elite is an integrated industrial property development, construction, engineering services and property management services provider.
It specialises in the development of industrial parks and the construction of large scale manufacturing plants.
