{"id":1839,"date":"2025-05-07T01:16:47","date_gmt":"2025-05-07T01:16:47","guid":{"rendered":"https:\/\/northen.m3.imagint.co\/?p=1839"},"modified":"2025-05-07T01:16:49","modified_gmt":"2025-05-07T01:16:49","slug":"northern-techvalleybke-launched-paving-the-way-for-penangs-industrial-future","status":"publish","type":"post","link":"https:\/\/northerntechvalley.com.my\/zh\/northern-techvalleybke-launched-paving-the-way-for-penangs-industrial-future\/","title":{"rendered":"Northern TechValley@BKE launched, paving the way for Penang\u2019s industrial future"},"content":{"rendered":"

A NEW chapter in Penang\u2019s industrial landscape began today with the official launch of Northern TechValley@BKE, a 176-acre integrated industrial park set to bolster the state\u2019s position as a hub for high-tech manufacturing and industrial innovation.<\/p>\n\n\n\n

Developed by Suling Hill Development, a special purpose vehicle by AME Elite Consortium Berhad and Majestic Gen, Northern TechValley@BKE is projected to have a gross development value (GDV) of RM1.3 billion.<\/p>\n\n\n\n

\u201cToday marks a significant milestone in Penang\u2019s industrial journey.<\/p>\n\n\n\n

\u201cCongratulations to Suling Hill Development for its vision and leadership in bringing this ambitious project to life.<\/p>\n\n\n\n

\u201cThis collaboration exemplifies our shared commitment to advancing Penang\u2019s industrial sector and positioning it as a future-forward hub for high-tech excellence,\u201d said Chief Minister Chow Kon Yeow, during the launch ceremony at The Light Hotel this morning.<\/p>\n\n\n\n

\"\"
Chow delivering his speech.<\/em><\/figcaption><\/figure>\n\n\n\n

Northern TechValley@BKE aims to become a high-tech nexus, equipped to support industries such as pharmaceuticals, medical technology, and R&D for technology.<\/p>\n\n\n\n

It is designed to align closely with Penang\u2019s SEED (Strategy for Economic Ecosystem Development) initiative, a strategic plan to elevate high-value manufacturing sectors, including electronics, medical technology, and semiconductors. With this project, Penang is set to reinforce its reputation as a critical economic powerhouse in Malaysia.<\/p>\n\n\n\n

A Legacy of Industrial Leadership in Penang<\/strong><\/p>\n\n\n\n

For more than five decades, Penang has been at the forefront of industrialisation in Malaysia, attracting significant foreign direct investments (FDI) and building a skilled workforce to support its growth.<\/p>\n\n\n\n

This robust foundation, paired with state-of-the-art infrastructure, has enabled Penang to maintain its edge on the global stage.<\/p>\n\n\n\n

However, Penang\u2019s industrial journey is far from over. SEED is designed to drive the next phase of growth by fostering innovation and excellence across critical industries, ensuring Penang remains globally competitive.<\/p>\n\n\n\n

A Sustainable, Integrated Ecosystem<\/strong><\/p>\n\n\n\n

Northern TechValley@BKE is not merely an industrial park; it is a sustainable, integrated ecosystem designed with both businesses and their workforces in mind.<\/p>\n\n\n\n

\"\"
The guests paying close attention to the speeches during the launching ceremony.<\/em><\/figcaption><\/figure>\n\n\n\n

With plans for the Industrial Garden Landscape Concept and aspirations for GreenRE certification, the park embodies a commitment to environmentally responsible growth.<\/p>\n\n\n\n

Alongside its cutting-edge industrial facilities, the development offers thoughtfully planned lifestyle amenities, recreational spaces, and accommodations to support a balanced environment where businesses and employees alike can thrive.<\/p>\n\n\n\n

This aligns with Penang2030\u2019s vision of harmonising economic progress with environmental stewardship.<\/p>\n\n\n\n

Early Progress and Investment Confidence<\/strong><\/p>\n\n\n\n

Construction progress on Northern TechValley@BKE has already begun, with earthworks initiated in August 2024. Building construction is set to start in early 2025, with full completion projected for 2029.<\/p>\n\n\n\n

Today\u2019s event also included the signing of Sales and Purchase Agreements with two local firms, highlighting the confidence that investors have in this project:<\/p>\n\n\n\n

J&T Resources (a substantial shareholder of Topmix Berhad)<\/strong>: A leader in decorative surface solutions for commercial and residential buildings, J&T Resources will establish a distribution hub and showroom within Northern TechValley@BKE.<\/p>\n\n\n\n

Labelpac & Print<\/strong>: A prominent player in printing solutions, Labelpac & Print will expand their manufacturing operations here to meet the rising demand.<\/p>\n\n\n\n

\"\"
(seated from left) Labelpac Group of Companies chairman How Choon Soon, Wee Dher, Tan, and J&T Resources director Jack Teo taking part in the Sales and Purchase Agreement signing ceremony. Witnessing the event are (standing from left) Lim, Chow, and distinguished guest Puan Sri Lim Chai Yin.<\/em><\/figcaption><\/figure>\n\n\n\n

Looking to the Future<\/strong><\/p>\n\n\n\n

As Northern TechValley@BKE continues to take shape, its strategic location and excellent connectivity are expected to draw additional investments, further strengthening Penang\u2019s industrial base.<\/p>\n\n\n\n

\u201cThis development stands as a symbol of progress, innovation, and sustainability.<\/p>\n\n\n\n

\u201cIt embodies the forward-thinking approach Penang needs to remain competitive in a rapidly evolving global landscape,\u201d Chow remarked.<\/p>\n\n\n\n

\"\"
Chow (centre) together with (from left) distinguished guest Puan Sri Lim Chai Yin, Wee Dher, Tan, and Lim launching the Northern TechValley@BKE at The Light Hotel.<\/em><\/figcaption><\/figure>\n\n\n\n

In his address, Majestic Gen executive director and Suling Hill Development director Ta Wee Dher highlighted Penang\u2019s status as a key economic powerhouse, particularly renowned for its dynamic electronics and semiconductor industries.<\/p>\n\n\n\n

\u201cPenang\u2019s strategic location, skilled workforce, and supportive business environment have established it as a crucial link in the global supply chain.<\/p>\n\n\n\n

\u201cWe are thrilled to contribute to Penang\u2019s growth story,\u201d he noted.<\/p>\n\n\n\n

Wee Dher explained that Northern TechValley@BKE is designed to be \u2018future-ready\u2019, offering flexibility and customisable options tailored to meet diverse business needs.<\/p>\n\n\n\n

\u201cLocated along the Butterworth-Kulim Expressway (BKE), the park benefits from excellent connectivity to major road networks, including the North-South Expressway,\u201d he added.<\/p>\n\n\n\n

Also present were state Local Government, Town and Country Planning Committee chairman Jason H\u2019ng Mooi Lye, Penang Trade, Entrepreneurial Development and Rural Development Committee chairman Datuk Rashidi Zinol, Penang Malaysian Investment Development Authority (Mida) director Muhammad Ghaddaffi Sardar Mohamed, InvestPenang chief executive officer Datuk Loo Lee Lian, AME Elite Consortium Berhad Group chief executive officer cum Suling Hill Development director Dylan Tan Teck Eng, AME Elite Consortium Berhad executive director cum Suling Hill Development director Vincen Lim, and Majestic Gen director cum Suling Hill Development director Ta Shun Dher.<\/p>\n\n\n\n

Story by Christopher Tan
Pix by Muhamad Amir Irsyad Omar
Video by Darwina Mohd Daud<\/p>","protected":false},"excerpt":{"rendered":"

A NEW chapter in Penang\u2019s industrial landscape began today with the official launch of Northern TechValley@BKE, a 176-acre integrated industrial park set to bolster the state\u2019s position as a hub for high-tech manufacturing and industrial innovation. 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