KUALA LUMPUR: Paragon Globe Bhd
has entered into a strategic partnership with GSP Automotive Malaysia Sdn Bhd, a subsidiary of GSP Automotive Group, for the joint development of a specialised, automotive-focused industrial cluster dubbed the “AutoPark”, in Iskandar Puteri, Johor.
In a statement, the group said it is dedicating about 47 acres of its prime 109-acre Iskandar Puteri landbank to create a fully integrated automotive supply chain hub alongside GSP.
Paragon Globe executive chairman Datuk Sri Edwin Tan Pei Seng said the agreement see the group evolving from developing industrial properties into architecting complete, high-value industrial ecosystems.
“By anchoring this AutoPark with a globally recognised manufacturer like GSP, we are creating a powerful magnet for foreign direct investment, international suppliers, and tech innovators, driving sustainable, long-term value for our shareholders,” he said.
