NCT inks MoUs five parties for Selangor Smart Industrial Park


NCT Group founder and managing director Datuk Seri Yap Ngan Choy (seventh from left).

KUALA LUMPUR: NCT Group of Companies has entered into five strategic partnerships to support its vision of offering the highest standards of services to create a sustainable, efficient and productive working environment.

The property developer, in a statement, said the Memorandum of Understanding (MoUs) was signed between the NCT and Asia Pacific University of Technology and Innovation (APU), Furniweb Holdings Ltd, KS Industrial Tools Sdn Bhd, Solarvest Holdings Bhd and Universiti Tunku Abdul Rahman (UTAR).

“The partnerships forged are testament to our commitment in providing the best facilities at Selangor Smart Industrial Park (SSIP) to boost efficiency and maintain a sustainable and resilient eco-friendly ecosystem.

“As a forward-looking developer, this marks a step in the right direction as we are able to deliver our promise of developing a robust and future ready industrial park in the heart of Selangor’s Golden Triangle.

“With solid plans mapped out in the coming months, we are confident that these collaborations and combined expertise will translate the vision of SSIP into reality,” NCT Group founder and managing director Datuk Seri Yap Ngan Choy said.

NCT Group and Solarvest aim to develop 1,000 units of solar-ready factories and warehouses at SSIP to achieve shared decarbonisation ambitions.

This will be the first solar-equipped managed industrial park development of its kind. The MoU also comprises the provision of decarbonisation services across NCT's facilities in Malaysia.

The partnership with Furniweb will provide energy efficiency services in the design of building automation systems in SSIP.

NCT’s MoU with UTAR and APU will see the expansion of its 4.0 industrial revolution (4IR) and technical and vocational education and training (TVET) initiatives.

The MoUs are set to play a crucial role in shaping the local workforce in tandem with the changing workplace landscape through the utilisation of smart technology and enhanced efficiency to enable greater productivity while contributing to higher income levels.

Another MoU was signed with KS Industrial for the installation of its DéScale technology at SSIP which focuses on rectifying solutions for hard water such as scale build-up and corrosion as well as cooling tower water sanitization to prevent the growth of algae, bacteria and viruses in cooling water.

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

NCT Group , MoUs , strategic partnerships , SSIP

   

Next In Business News

Asian shares higher as dollar retreats, risk events abound
Ringgit opens slightly higher vs US dollar amid risk-on mode
Quick take: Tech stocks among Bursa top gainers
Bursa Malaysia opens higher
Trading ideas: Sapura Energy, SCIB, Bermaz Auto, Scientex, Cypark
Treasurer: Review to guide decision on RBA governor
Shallow downturn seen in UK housing market
Brazil holds key rate at 13.75%
Saudi Arabia sees 2023 budget surplus bump
GameStop reports revenue decline amid broader gaming slump

Others Also Read