Sunway, Umech and PDC to build industrial park

Sunway said that as part of the partnership, it and Umech are providing PDC with a land entitlement valued at RM646mil.

KUALA LUMPUR: Sunway Bhd, in collaboration with Umech Land Sdn Bhd, has signed a joint development agreement with Penang Development Corp (PDC) to develop a 559-acre industrial park in Batu Kawan.

The project is expected to have a gross development value (GDV) of at least RM3.5bil.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Sunway , UmechLand , PenangDevelopmentCorp , BatuKawanIndustrialPark , Collaboration , SustainableDevelopment

Next In Business News
Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.