JCorp, Tiong Nam to develop logistics park in Sedenak Technology Valley

From left: Johor Corp (JCorp) president and chief executive Datuk Syed Mohamed Syed Ibrahim, JCorp real estate and infrastructure division director and JLG group managing director Datuk Sr Akmal Ahmad, Iskandar Regional Development Authority (IRDA) chief executive Datuk Dr Badrul Hisham Kassim, Tiong Nam Logistics Holdings Bhd managing director Ong Yoong Nyock and Tiong Nam chairman Datuk Fu Ah Kiow.

JOHOR BARU: Johor Corporation (JCorp)’s subsidiary JLand Group Sdn Bhd (JLG) and Tiong Nam Logistics Holdings Bhd (Tiong Nam) will be developing a logistics park in Sedenak Technology Valley.

JCorp president and chief executive Datuk Syed Mohamed Syed Ibrahim said the project would be developed in phases over five years with an estimated gross development value (GDV) of RM2.39bil.