PETALING JAYA: NCT Group of Companies, in collaboration with Northern Gateway (NGX), has launched the RM1.1bil gross development value managed integrated smart industrial park, NCT InnoSphere, in Kedah.
NGX is a wholly-owned subsidiary of the Minister of Finance Inc.
Located on a 55.44-ha free zone land, NCT InnoSphere is planned in eight development phases, each comprising a mix of industrial, commercial and support components to promote efficient operational, trade and manufacturing activities.
The project will offer over 230 premises, including semi-detached units, detached units, clusters, terraced units, and custom-built configurations, designed to meet the needs of various businesses across different sectors.
Deputy Finance Minister Lim Hui Ying said the Finance Ministry, as the leader in fiscal policy and strategic investment, supports this agenda, including through the Delapan project within the Special Border Economic Zone or SBEZ under NGX.
She was speaking at the project’s launch ceremony, officiated by Kedah Mentri Besar Datuk Seri Muhammad Sanusi Md Nor in Bukit Kayu Hitam yesterday.
According to Lim, the NCT InnoSphere development will further strengthen Delapan’s position as an industrial hub and become a symbol of confidence in Kedah’s potential. — Bernama
