KUALA LUMPUR, 13 October – Industrial space solutions provider AME Elite Consortium Berhad (AME Elite, the Group, 腾宇集团) aims to reach RM1.5 billion Gross Development Value (GDV) for its newly launched i-TechValley at Southern Industrial and Logistics Clusters (SILC) Phase 3, Johor.
Developed by the Group’s wholly owned subsidiaries Pentagon Land Sdn Bhd and Greenhill SILC Sdn Bhd, the 170-acre industrial park would feature industrial properties from standard units of 1 and 3 acres to larger fit-for-purpose buildings that are customised to customers’ requirements.
Prior to its official launch today, i-TechValley at SILC has already garnered initial investments from domestic companies and notable multinational corporations (MNCs), including from two US- based pharmaceutical giants, which will be located within i-TechValley’s pharmaceutical and medical hub.
i-TechValley at SILC was officially launched today by Johor State Investment, Trade and Consumer Affairs Committee Chairman YB Lee Ting Han (李廷汉), AME Managing Director Mr. Kelvin Lee Chai, and AME Executive Director Mr. Simon Lee Sai Boon (李枝明); and witnessed by AME Property Development Division Director Ms. Cheryl Lim (林佩诗), and AME Sales Director Ms. Alice Tee (郑婉霞).
i-TechValley at SILC is strategically located in the established economic zone of Iskandar Puteri with close proximity to Singapore.
Its excellent road connectivity including through major highways such as the Second Link Expressway and North-South Expressway offers easy accessibility to various logistics hubs including the Tuas Checkpoint Singapore and Customs, Immigration and Quarantine Complex; seaports such as Port of Tanjung Pelepas, Port of Singapore and International Ferry Terminal; as well as the Senai International Airport and Singapore Changi Airport.
The park would be supported by key infrastructure such as high-speed broadband and end-to-end solar PV solutions, as well as 24 hours security systems.
Furthermore, i-TechValley at SILC upholds ESG principles with focus on sustainable industrial development for businesses to scale their growth. Some key features include orientating buildings to reduce direct sun glare as part of reducing energy consumption, utilising reflective glass to minimise heat transfer, and using spaced translucent sheeting to maximise natural daylight.
In addition, i-TechValley would also allocate 2.98 acres to build and manage workers’ dormitories of more than 2,600 beds, with space allocations in compliance with Jabatan Tenaga Kerja (JTK)’s requirements.
Additionally, employees of companies in i-TechValley at SILC will have access to the i-Privilege Club – a clubhouse that provides a host of fitness facilities such as badminton court, gymnasium and swimming pool.
Johor emerged as the country’s top investment destination in the first half of 2022, securing RM60.9 billion in approved investments; constituting about half of the country’s approved investments in the timeframe. The increase by more than 800% from RM6.6 billion a year ago shows that Johor is firmly on the rebound.
To date, AME has developed and is managing five industrial parks in Johor, with the largest being the 205.2-acre [email protected] and 195.0-acre [email protected] Airport City. Other industrial parks include the 12.3-acre [email protected] and 7.6-acre District [email protected]
The Group’s [email protected], [email protected] and [email protected] Airport City have garnered major investments from multinational and local corporations across various sectors, including precision engineering, pharmaceutical manufacturing, trading, warehouse/storage, electrical and electronics (E&E) manufacturing, research and development (R&D) and assemblies.