JOHOR BARU: The country’s first premium integrated biotech development Johor Halal Park (JHP) has already attracted local and international concerns to set up base within the project’s 141.63ha site in Pasir Gudang.
UMLand J-Biotech Park Sdn Bhd (UJP) chief executive officer Mohd Noor Abd Salam said JHP’s complete eco-system and strategic location of 15 minutes from Pasir Gudang Port and Iskandar Malaysia’s Eastern Gate were some of the selling points of the project.
“Besides local businesses, there is also interest among investors from Singapore, Taiwan, South Korea, Japan, China, Turkey and recently the United States,” he said after the launch of JHP’s sales gallery in Bandar Seri Alam on Tuesday.
He added that among the businesses interested in coming to JHP are those in food processing, ingredients, cosmetics, pharmaceuticals and personal care sectors, among others.
The RM1.5bil in gross development value (GDV) project would be developed in different phases across the span of five to seven years, with the first phase expected to be worth RM200mil in GDV, he said.
Mohd Noor said phase one of the project consists of three sections where part 1A, which has 89 factory units, is expected to be Certificate of Completion and Compliance (CCC)-ready by April next year.
The progress of phase 1A currently stands at 80% and is slated to be completed by the end of this year and the first tenants are expected to move in and start operating then, he added.
Earlier, UMLand Bhd chairman Tun Musa Hitam launched the new three-storey JHP corporate offices and sales gallery, set up to assist investors and promote the halal bio-based and herbal-based park.
Musa said that halal industrial parks are in abundance in Malaysia but what sets JHP apart is the value-added strengths such as a Regional Marketing Clearing House which links the businesses in the park to the international market.
The freehold-halal park is a joint-venture project between UMLand and the Johor State Government-linked company Johor Biotechnology & Biodiversity Corporation (J-Biotech).