PGF Capital plans RM3bil township in Tanjong Malim

PETALING JAYA: PGF Capital Bhd plans to develop a self-sustaining integrated township with an estimated gross development value (GDV) of RM3bil adjacent to the Automotive High-Tech Valley (AHTV) in Proton City, Tanjong Malim, Perak.

In a statement yesterday, the company said the strategic development with over 6,000 residential and commercial units would take place over 10 to 15 years on 161.87ha.PGF Capital said the comprehensive project also includes 99.27ha for agriculture plantations, 21.61ha for aquaculture activities, 119.58ha for eco-tourism, 23.55ha for an eco-retreat, and 29.02ha for lifestyle communities, including a retirement and wellness village.