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Northern TechValley garners FDI interest

northern-techvalley-show-unit-opening

Integrated industrial park Northern TechValley @ BKE has garnered Foreign Direct Investment (FDI) interest from corporations based in Singapore, US and China, in addition to domestic investments thus far.

The RM1.3 billion Gross Development Value industrial park – developed by Suling Hill Development Sdn Bhd (Suling Hill), a joint venture between AME Elite Consortium Berhad and Majestic Gen Sdn Bhd – has thus far attracted customers from various industries, including warehousing, distribution hub, show room, printing, service centre, autoparts, construction machinery, CNC (Computer Numerical Control) machine, and logistics sectors.

Speaking at the launch of Northern TechValley @ BKE show unit today, Suling Hill Development director Dylan Tan Teck Eng was encouraged by rising awareness of Environmental Social Governance (ESG) compliance as a deciding factor in new facility investments.

“Our commitment is clear: We intend to catalyse the trajectory of growth-focused companies by providing infrastructure-ready and ESG-forward facilities in Northern TechValley@BKE.

We are beginning to see companies appreciate that ESG is as much an internal discipline as it is an external practice. As global supply chains evolve, businesses are increasingly required to meet higher ESG and environmental standards. Developments aligned with frameworks such as GreenRE provide a stronger foundation for manufacturers to position themselves, not just for compliance, but for competitiveness in global markets.

While Northern TechValley’s GreenRE certification for buildings already points to a fundamental posture, customers are able to augment social indicators for employee wellbeing through the recreational facilities and workers’ accommodation within our industrial park.

Hence, being ESG-integrated is a meaningful growth catalyst for customers’ alignment with their own stakeholders, be they suppliers, customers or employees.”

Northern TechValley @ BKE has obtained GreenRE certification for both development and buildings, and integrates sustainability features such as eco-conscious materials. Amongst other initiatives, Suling Hill adopts thermally efficient materials, utilises durable construction, and flexible-functional design to reduce long-term operating costs, extend lifecycle performance, and enable efficient operations.

The first phase of Northern TechValley @ BKE comprises 1½-storey detached standard factories across over 20 acres, of which the show unit was launched today. Subsequent phases on approximately 150 acres, which run concurrently, consist of larger built-to-suit facilities in accordance with customer requirements, workers’ accommodation, and general access infrastructure.

At present, Suling Hill Development is undertaking infrastructure works, such as power and water supply, and high-speed fibre-optic internet.

At the same time, it is also constructing a RM30 million flyover bridge to enhance direct access to the Butterworth-Kulim Expressway (BKE). The 413-metre bridge aims to reduce travel time and improve logistics flow for businesses operating within and around Northern TechValley @ BKE. The flyover is slated for physical completion in end-2026, with targeted commencement in early 2027.

From a broader perspective, Tan opined that the current market circumstances represent a window of opportunity for Malaysia’s industrial parks in light of the country’s stable fundamentals, including sound fiscal management, skilled workforce, and pro‑investment policies.

“Our deep experience over the past 30 years has shown that both FDI and domestic direct investment play a significant role, especially when global supply chains are disrupted, and diversification is the preferred strategy for long-term continuity.

In addition to enquiries from global and regional companies, we are also registering interest from companies in South Peninsular, indicating their own aspirations to continue their growth journey. We are therefore optimistic that Northern TechValley stands in good stead to capture this demand,” concluded Tan.

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About Suling Hill Development Sdn Bhd

Suling Hill Development Sdn Bhd is the progressive developer of Northern TechValley @ BKE, a 176-acre green-inspired, freehold integrated industrial park poised as Penang’s nextgeneration hub for high-value industries. It is a 50:50 joint venture between AME Elite Consortium Berhad and Majestic Gen Sdn Bhd.

For more information, please visit www.northerntechvalley.com.my.

About AME Elite Consortium Berhad

AME Elite Consortium Berhad (AME, 5293) is a leading integrated industrial space solutions provider listed on the Main Market of Bursa Malaysia Securities Berhad. With over 30 years of industry experience, AME offers a comprehensive suite of capabilities encompassing industrial property development, construction, engineering, renewable energy solutions and property management.

AME specialises in the planning and delivery of modern industrial parks and large-scale, purpose-built manufacturing facilities. Through its end-to-end development approach, AME has successfully delivered over 500 customised manufacturing plants, supporting the operational needs of multinational corporations and local enterprises across a wide range of industries.

AME’s growing portfolio of industrial developments spans Southern, Central and Northern
Peninsular, including flagship projects such as i-Park @ Senai Airport City, i-Park @ SiLC, iPark @ Indahpura, SME City, i-Tech Valley and i-Tech Hub in Johor, as well as Northern TechValley @ BKE in Penang and i-Park @ Coalfields in Selangor. Each development reflects the AME’s commitment to thoughtful planning, functional design and long-term sustainability.

Recognised as one of Malaysia’s leading industrial park developers, AME is known for its disciplined execution, quality-driven approach and responsible development practices. It’s achievements have been recognised through multiple industry accolades, including the Best Managed Companies Award 2025, Best Developer in Malaysia 2024 and “Most Sustainable & Well-Managed Industrial Park” Awards.

About Majestic Gen Sdn Bhd (https://majesticgen.com.my)

Majestic Gen, formerly known as Majestic Builders Sdn. Bhd., has emerged as a symbol of innovation and excellence in the field of property development since its establishment on July 29th, 2013. With countless completed developments and invaluable experience in all facets of the property industry, Majestic Gen proudly stands as one of the leading developers in Malaysia.

Majestic Gen boasts multiple landbanks situated all across the country as the company aims to fortify its foundations and expand its core businesses by launching a variety of residential, commercial and industrial developments.

Through dedication and strategic foresight, Majestic Gen has reached remarkable heights as it continues to navigate the industry with a firm dedication to its core values. The present and future of the property landscape is in good hands as Majestic Gen continues to lead the way in shaping the future of property development, both locally and on the global stage.

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