KUALA LUMPUR, Sept 13 (NNN-BERNAMA) – KLK Land, a wholly owned subsidiary of Malaysia-based Kuala Lumpur Kepong Berhad (KLK), yesterday, launched KLK TechPark, a 1,500-acre integrated industrial hub in Tanjong Malim, the state of Perak.
The firm said in a statement that, strategically located in close proximity to the Automotive High-Tech Valley (AHTV), KLK TechPark spans 1,300 acres for industrial growth, and 200 acres for residential support, and will be developed in phases from 2025 to 2035, with a gross development value of 3.5 billion ringgit (830 million U.S. dollars).
The park will offer build-to-suit solutions, industrial plots, and ready-built factories, supported by essential infrastructure and connectivity.
It is expected to make a meaningful contribution to the local gross domestic product, create thousands of new jobs for local communities and build an integrated supply chain ecosystem.
“KLK TechPark supports AHTV’s aspiration to transform Tanjong Malim into a global hub for automotive and advanced technology, anchored on new energy vehicles, and backed by a complete ecosystem of manufacturing, research and development, supply chains and talent,” said Saarani bin Mohamad, chief minister of Perak.
Lee Oi Hian, executive chairman of KLK, said, the park will help create opportunities for businesses and communities, while building an ecosystem that is sustainable and competitive in the long term.– NNN-BERNAMA