NCT Group Signs RM25 Million MOUs to Enhance NCT Smart Industrial Park in Sepang
NCT Group, through its subsidiary NCT Smart Management Sdn Bhd, has signed five memoranda of understanding (MOUs) with different companies worth RM25 million to enhance its NCT Smart Industrial Park (NSIP) in Sepang. This announcement was made via a press statement released on Monday.
Overview of NCT Smart Industrial Park (NSIP)
The NCT Smart Industrial Park (NSIP) spans 732 acres and boasts a gross development value of RM10 billion. This expansive project is being developed in three phases, with the first phase covering 250 acres already receiving 60% bookings. The park is designed to integrate several advanced infrastructures, including artificial intelligence-managed facilities, smart surveillance systems, and eco-friendly initiatives such as solar energy utilisation and rainwater collection systems.
Companies Involved and Their Contributions
The MOUs were signed during the Selangor International Business Summit 2024, held from July 25 to 27, with the following five companies:
- Honor Aigrafx Innovative Intelligence International Pte Ltd:
- Contribution: Introduction of meta-experience technology systems.
- Impact: Expected to create numerous collaboration opportunities and enhance processes, fostering an improved working environment at NSIP.
- Harta Maintenance Sdn Bhd:
- Contribution: Development of comprehensive energy management solutions.
- Impact: Optimization of energy consumption and substantial cost reductions at the facility. The company will also provide cleaning services using sustainable equipment and products.
- JMM Lightings Sdn Bhd:
- Contribution: Supply of essential building materials.
- Impact: Enhancement of overall energy efficiency of the park’s construction and operational requirements.
- Zinxer Paint Marketing Sdn Bhd:
- Contribution: Supply of high-quality decorative and industrial coatings.
- Impact: Ensuring the long-term durability and sustainability of the park.
- OK Coating Sdn Bhd:
- Contribution: Supply of premium wood and metal surface coatings.
- Impact: Protection of the park from environmental damages, enhancing its long-term durability.
Statement from NCT Group
In the statement, NCT Group founder and managing director Datuk Seri Yap Ngan Choy emphasized the group’s commitment to integrating advanced technologies and sustainable practices in the development of NSIP.
“As the pioneer developer of smart industrial parks in the country, NCT Group is fully cognisant of the importance of investing in advanced technologies and sustainable practices to boost infrastructure and operational efficiencies of NSIP, with minimal environment impact. Together with our partners’ unique strengths and offerings, we are leading the way with industrial park development that elevates the NSIP experience for buyers and investors while we progressively transition towards becoming the first net zero emissions park by 2050.”
Future Prospects
The collaboration between NCT Group and the five companies is poised to significantly enhance the infrastructure and operational efficiency of NSIP, making it a model for future industrial parks. The integration of smart technologies and sustainable practices aligns with NCT Group’s vision of developing a net-zero emissions park by 2050, setting a benchmark in the industrial real estate sector.
This development is expected to attract more investors and buyers, boosting the overall economic growth of the region and positioning NSIP as a premier destination for industrial investments in Malaysia.
