EcoWorld, SD Guthrie, NS Corp Partner to Develop RM2.95 Billion Industrial Park in Negeri Sembilan

EcoWorld International

EcoWorld, SD Guthrie, and NS Corp Launch RM2.95 Billion Industrial Park in Negeri Sembilan

A strategic tripartite agreement was inked today to develop Eco Business Park VII (EBP VII), a landmark RM2.95 billion integrated industrial park in Bukit Pelandok, Negeri Sembilan. Spanning 1,195 acres, the project is part of Malaysia Vision Valley 2.0 (MVV 2.0) โ€” a flagship economic corridor on Peninsular Malaysiaโ€™s west coast.

This collaboration between EcoWorld Development Group Bhd, SD Guthrie Bhd, and NS Corporation marks a pivotal milestone in the national agenda to boost high-value industries, logistics infrastructure, and job creation.


Project Structure and Strategic Partners

The new venture is structured under Eco Business Park 7 Sdn Bhd (EBP 7), with the following equity distribution:

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  • EcoWorld: 55%

  • SD Guthrie Land Ventures Sdn Bhd (a subsidiary of SD Guthrie): 30%

  • NS Corp (the Negeri Sembilan government arm): 15%

Each partner brings distinct strengths to the table:

  • SD Guthrie contributes strategically located land

  • EcoWorld provides development expertise, particularly in industrial real estate

  • NS Corp ensures regulatory coordination and policy alignment with the MVV 2.0 blueprint


What Is Eco Business Park VII (EBP VII)?

EBP VII will be a multi-phase development designed to attract both local and foreign direct investments. Over a nine-year development horizon, the project will feature:

  • Industrial lots

  • Ready-built factories

  • Commercial hubs and supporting services

  • Customisable spaces for aerospace, E&E, logistics, and biotechnology sectors

The parkโ€™s logistical edge is further enhanced by its planned access to the Nilai-Labu Expressway, linking directly to:

  • Kuala Lumpur International Airport (KLIA)

  • Port Klang

  • PLUS Highway

  • The broader West Coast Economic Corridor

This connectivity supports rapid movement of goods and people, offering ideal conditions for high-growth industries and export-focused companies.


Aligned With National Growth Plans

This project is strategically aligned with several national initiatives:

  • New Industrial Master Plan 2030 (NIMP 2030)

  • National Energy Transition Roadmap (NETR)

  • Negeri Sembilanโ€™s Industrial Transformation Agenda

โ€œThis partnership reflects the synergy between public and private sectors. It reinforces our commitment to positioning Negeri Sembilan as a leading industrial hub,โ€ said Datuk Seri Aminuddin Harun, Chief Minister and Chairman of NS Corp.


Developer Highlights: EcoWorld & SD Guthrie

๐Ÿ— EcoWorldโ€™s Industrial Expertise

EcoWorld currently controls 9,825 acres of landbank across Malaysia with a GDV of RM90 billion. Its industrial focus includes:

  • Four Eco Business Parks in Iskandar Malaysia

  • One industrial park in Klang Valley

  • A proven track record of delivering sustainable, investor-ready ecosystems

โ€œWe believe this project will catalyse new employment, investment, and infrastructure in the state,โ€ said Datuk Chang Khim Wah, CEO of EcoWorld.

๐ŸŒฑ SD Guthrieโ€™s Land Transformation Strategy

SD Guthrie, one of Malaysiaโ€™s largest landowners, has moved beyond plantations into renewable energy and industrial park development. With 16 estates and two biogas plants in Negeri Sembilan, the company is unlocking value from non-core assets to build sustainable revenue channels.

โ€œThis collaboration helps us expand into industrial real estate while strengthening Negeri Sembilanโ€™s economic fabric,โ€ said Datuk Helmy Othman Basha, Group Managing Director of SD Guthrie.


MVV 2.0: A Transformational Growth Corridor

Launched in 2018, Malaysia Vision Valley 2.0 (MVV 2.0) covers approximately 380,000 acres across Seremban and Port Dickson. It comprises six parcels (Aโ€“F) and is designed to complement the growth of Greater Kuala Lumpur.

EBP VII falls under Parcel C, which is earmarked for industry, logistics, and economic clusters, and plays a crucial role in elevating Negeri Sembilanโ€™s status as a sustainable economic powerhouse.


Final Thoughts: EBP VII to Shape Negeri Sembilanโ€™s Industrial Future

The launch of Eco Business Park VII MVV 2.0 is a strategic leap forward in advancing high-value industry and economic decentralisation from the Klang Valley.

By combining location, logistics, and development experience, EBP VII is poised to become a new magnet for industrial investors, a driver of job creation, and a pillar in Malaysiaโ€™s sustainable economic roadmap.