MELAKA: Teladan Group Bhd has formalised a memorandum of understanding (MoU) for the development of the Golden Valley Industrial Hub in Jasin.
The MoU was signed between Teladan Group, Gezhouba Engineering (M) Sdn Bhd and Nanyang Sea Silk Road Sdn Bhd last Friday in the presence of Melaka chief minister Datuk Seri Ab Rauf Yusoh.
Under the agreement, Teladan Group will play a key role in securing governmental support, facilitating land conversion, and ensuring compliance with local authorities.
Additionally, the company will offer investment opportunities and funding necessary for the project’s execution.
Under the deal, Gezhouba Engineering will contribute its technical expertise, while Nanyang Sea Silk Road Sdn Bhd will be responsible for supplying local materials.
The signing ceremony was also attended by Teladan Group’s managing director Richard Teo Lay Ban and Gezhouba Group International Engineering Company Ltd chief accountant Yuan Guoqi.
Golden Valley Industrial Hub chairman Datuk Wira Gan Tian Loo highlighted that the project is set to play an active role in Melaka’s industrial and economic development.
“Today marks a major step forward in our efforts to enhance the state’s investment and industrial sectors, making them more competitive,” he said.
He noted that the Golden Valley Industrial Hub is envisioned as a high-value investment destination with a significant impact on entrepreneurship and industrial development.
“This industrial hub not only provides an optimal physical space but also fosters an ecosystem that strengthens competitiveness, boosts productivity and drives sustainable growth for industry players.”
Furthermore, according to Gan, it will spur the development of manufacturing, innovation, and technology sectors in Melaka.
The chairman also noted that the industrial hub spans 109.26 ha (270 acres) in Jasin, strategically located 16.6km from the Ayer Keroh Toll Plaza.
“In other words, this industrial hub benefits from a prime location with close proximity to key infrastructure, including the North-South Expressway, Melaka International Airport, and Tanjung Beruas Port, among others,” he said.
The Golden Valley Industrial Hub is expected to be a major catalyst in driving industrial growth and attracting foreign investment into Melaka, further strengthening the state’s position as a key economic hub.
