Tag: Penang Technology Park

Penang Technology Park @ Bertam’s Infrastructure Works Completed

KEPALA BATAS, July 2 -- Ideal Property Group has completed all infrastructure works at its 880-acre (323.7-hectare) Penang Technology Park @ Bertam, with the development entering full delivery following the completion of its landmark entrance gateway. The group said in a statement that the technology park is now development-ready, allowing investors to acquire land and begin construction and operations. “More than 60 per cent of industrial land has been taken up. The project is expected to generate employment and support regional supply chain growth as operations commence,” it said. Located in North Seberang Perai, the park is connected to the North-South Expressway and has direct access to Penang Port and the North Butterworth Container Terminal (NBCT), supporting logistics efficiency and supply chain integration. Ideal Property Group chief operating officer Datuk Goh Teng Whoo said Penang has developed into a high-technology manufacturing hub supported by a mature semiconductor supply chain, skilled talent pool and established industrial ecosystem, making it an attractive destination for multinational investment. “Investors can acquire freehold industrial land at Penang Technology Park @ Bertam, complemented by one-stop support services including plot advisory and regulatory coordination,” he said. Goh said the park is equipped with four-lane dual carriageway, 100-ft-wide internal roads, water supply, power supply infrastructure, 5G connectivity, natural gas pipelines and 24-hour CCTV surveillance. He noted that the state’s financing and capital market ecosystem continues to support corporate expansion, and thanked the Penang state government for its support in fast-track approvals, infrastructure delivery and investment promotion. Goh said Penang Technology Park @ Bertam aims to provide a full industrial ecosystem, enabling businesses, particularly small and medium enterprises, to integrate into the global semiconductor supply chain. The development comprises light and medium industrial lots, commercial components and built-to-lease facilities. -- BERNAMA

KEPALA BATAS, July 2 — Ideal Property Group has completed all infrastructure works at its 880-acre (323.7-hectare) Penang Technology Park @ Bertam, with the development entering full delivery following the completion of its landmark entrance gateway. The group said in a statement that the technology park is now development-ready, allowing investors to acquire land and […]