KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has launched the Ipoh Raya Integrated Park, marking its first foray into the industrial and logistics market.
In a statement, MRCB said the 832.38 acre park is a first-of-its-kind bespoke six-phased sustainable integrated logistics park in Perak. The development will be led by its property division, MRCB Land.
“The launch of the integrated park marks MRCB’s first foray into the industrial and logistics market, diversifying it away from its focus on green high-rise commercial and residential transit-oriented developments,” it said.
MRCB said this integrated development will have a very positive impact on the local economy and is projected to create approximately 15,000 new employment opportunities in the area.
“With its strategic location, excellent accessibility and well-integrated eco-system, the Ipoh Raya Integrated Park will strengthen the industrial corridor within the region, providing investors with an efficient and effective environment for industrial and logistic operations,” it said.
In addition, the energy-efficient integrated logistics park will incorporate environmental sustainability practices, including the Green Building Index (GBI) certified structures, green streets and an activated Central Park.
“The Ipoh Raya Integrated Park will lay the groundwork for our entry into industrial and logistics development, a segment of the market where we believe there will be much demand over the next few years from multinational corporations looking for large, strategically located, bespoke developments meeting their sustainability requirements.
“The development of an integrated park and our tie-in with strategic partners is also in line with our policy of supporting Bumiputera companies and providing an avenue for upcoming technology companies to hone their skills and offerings,” MRCB Land chairman Tan Sri Mohd Annuar Zaini said.
“The Ipoh Raya Integrated Park will consist of six phases with several key development areas including an agro-based industrial hub, a logistics hub, managed park 1, 2, and 3, accommodation facilities, technical and vocational education and training facilities. Phase 1 of the integrated park, which is the development of the logistics hub, is slated for completion in 2028,” he added.
