178-acre i-TechValley Serves Sustainability Need for Future-proof Business Needs

The ESG-championed industrial park is looking at RM1.5 Billion GDV for its newly launched park in SILC industrial park

(Third from left) Johor State Investment, Trade and Consumer Affairs Committee chairman Lee Ting Han during the i-TechValley launch gimmick

Industrial space solutions provider AME Elite Consortium Berhad (AME Elite) would uphold ESG principles with a focus on sustainable industrial development for businesses to scale their growth, said Lee Ting Han, Johor State Investment, Trade and Consumer Affairs Committee chairman in his speech before officiating i-TechValley at Southern Industrial and Logistics Clusters (SILC) Phase 3, Johor with AME Managing Director, Kelvin Lee Chai, and AME Executive Director, Simon Lee Sai Boon and witnessed by AME Property Development Division Director, Cheryl Lim and AME Sales Director, Alice Tee.

“Some key features include orientating buildings to reduce direct sun glare as part of reducing energy consumption, utilising reflective glass to minimise heat transfer, and using spaced translucent sheeting to maximise natural daylight.”

“In addition, i-TechValley would also allocate 2.98 acres to build and manage workers’ dormitories of more than 2,600 beds, with space allocations in compliance with Jabatan Tenaga Kerja (JTK)’s requirements,” he added.

Additionally, employees of companies in i-TechValley at SILC will have access to the i-Privilege Club – a clubhouse that provides a host of fitness facilities such as a badminton court, gymnasium and swimming pool.

Developed by the Group’s wholly-owned subsidiaries Pentagon Land Sdn Bhd and Greenhill SILC Sdn Bhd, the 170-acre industrial park would feature industrial properties from standard units of 1 and 3 acres to larger fit-for-purpose buildings that are customised to customers’ requirements.

To date, AME has developed and is managing five industrial parks in Johor, with the largest being the 205.2-acre i-Park@Indahpura and 195.0-acre i-Park@Senai Airport City. Other industrial parks include the 12.3-acre i-Park@SILC and the 7.6-acre District 6@SILC.

Aiming to reach RM1.5 billion Gross Development Value (GDV) for the newly launched park, it has already garnered initial investments from notable multinational corporations (MNCs) and domestic companies, including two US-based pharmaceutical giants.

“i-TechValley at SILC stands on the shoulders of our ongoing success in developing purpose-built industrial parks with a strong emphasis on sustainability. As a full-fledged industrial space solutions provider encompassing consultation, design and construction, AME is thus able to incorporate sustainable designs and features for customers to optimise energy efficiency and still achieve high operational functionality,” Kelvin Lee Chai, Group Managing Director of AME Elite Consortium Berhad said.

“We are confident that i-TechValley at SILC would follow the footsteps of our i-Park@Indahpura and i-Park@Senai Airport City, which have attracted FDI from all across the globe – from China, Singapore, Australia and Japan, to the United Kingdom, USA, Netherlands, France, Germany, Denmark and Switzerland.”

“We envision i-TechValley at SILC to be a game-changer that sets a new benchmark in the industrial park landscape and are buoyant that this new industrial park would continue our legacy of excellence,” he further added.

i-TechValley at SILC is strategically located in the established economic zone of Iskandar Puteri with close proximity to Singapore.

Johor emerged as the country’s top investment destination in the first half of 2022, securing RM60.9 billion in approved investments; constituting about half of the country’s approved investments in the timeframe.

The increase by more than 800% from RM6.6 billion a year ago shows that Johor is firmly on the rebound.

“The State Government recognises the importance of bringing in top-notch quality investments onto our shores. Apart from boosting the local economy, these investments are crucial in retaining talent, accelerating their ascension and facilitating the transfer of technology to effect lasting, sustainable growth of the state and country,” said Lee Ting Han.

“With forward-thinking industrial parks such as i-TechValley, as well as pro-business policies of the state, Johor is poised to continue being a valuable economic contributor for Malaysia.”

“I understand that AME intends to designate a dedicated pharmaceutical and medical hub within iTechValley, and set the stage for the entry of complementary high-value support services. This is in line with the Government’s plan to develop industry clusters in the State so as to achieve economies of scale and increase spillovers.”

“To this end, I am very heartened that Johor’s pro-investment policies have produced high yields thus far, as the country makes the crucial transition from the COVID-19 pandemic to the endemic stage. The reopening of international borders is only half of the strategy; the other crucial component is how Johor is a blessed state. We are generally disaster-free, have an abundance of natural resources, good infrastructure as well as a large talent pool,” he added.

Lee Ting Han also added the political stability factors in Johor is one of the ingredients to continue the encouraging uptrend and success and the State Government of Johor is committed to collaborating with industry players to further their expansion goals.