GVL’s new hub set to spur logistics sector - MIDA | Malaysian Investment Development Authority
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GVL’s new hub set to spur logistics sector

GVL’s new hub set to spur logistics sector

18 Jul 2023

Global Vision Logistics Sdn Bhd’s (GVL) new Shah Alam International Logistics Hub (SAILH) is set to make a mark in the local and regional logistics landscape as well as provide some 5,000 job opportunities when completed in 2028.

GVL is set to invest some RM2bil on the project, which upon completion will have a net lettable area of six million sq ft and be one of the largest logistic hubs in the Asean region and will play a significant role in enhancing Selangor’s and Malaysia’s competitiveness in logistics investment, said GVL chairman Oh Kim Sun.

“SAILH will incorporate the latest in technologies, systems and facilities that enable high efficiency in the warehousing and flow of goods.

“The logistics hub also aims to achieve the local GreenRE silver rating and attain global recognition for the Excellence in Design for Greater Efficiencies (EDGE) Advanced and EDGE Zero Carbon. These certifications will pave the way for collaborations with other international businesses that have similar commitments to sustainability initiatives,” he said.

The total built up area of phase one is 4.2 million sq ft, of which 2.8 million sq ft will be lettable area. The first phase of SAILH will include a four-storey warehouse complex, a four-storey car park facility and a single-storey office building along with additional structures for testing and certification purposes.

Located on a 71-acre site in Shah Alam, SAILH will incorporate eco-friendly features from the construction to operational phases.

These include the use of low-carbon building materials during construction to the installation of solar panels, efficient water fittings and energy-efficient lighting, elevators and air-cooling systems.

All units in SAILH are built to lease. As such, optimal tenancy mix is guaranteed and secured on a long-term basis.

The logistics hub also has two two-way wide ramp-up facilities servicing the four-storey complex that allows 40-foot containers direct access to all warehouse units.

Moreover, SAILH has high ceilings which allows for mezzanine floor offices for all units. The facility will also be equipped with cross-docking that facilitates efficient warehouse management.

Oh noted GVL is jointly owned by Swift Haulage Bhd, Hartamas Mentari Sdn Bhd, Aspen Vision Properties Sdn Bhd, and Ideal Force Sdn Bhd.

Listed on the Main Market of Bursa Malaysia, Swift Haulage is Malaysia’s fastest growing fully integrated logistic provider.

Hartamas Mentari is part of the GBA Group which is a leading Malaysian based regional distribution company focusing on fast moving consumer products. Aspen Vision is a wholly owned subsidiary of Aspen (Group) Holdings Ltd, a property development company listed on the Singapore stock exchange.

Ideal Force is an investment holding company with investments in diverse industries including property, trading, and fertilisers.

“Over the next few years, this combination of expertise and experience will be vital to the success of the SAILH hub, which will contribute to the economic growth of Selangor and Malaysia,” he said.

Last month, IJM Corp Bhd, via its wholly-owned subsidiary IJM Construction Sdn Bhd, bagged a RM653.6mil contract for the design, execution and construction of phase one of SAILH.

SAILH is set to paly an important role in Selangor economic development, including generating some 5000 new jobs upon its completion in 2028.

“The completion of the first phase in 2025 is expected to create 2000 to 3000 jobs. Other than job creation, the SAILH is also to complete the ecosystem of the service industry.

“As you know, the services sector contributes 60% to Selangor’s economic development and its growth has increased by 13% last year, in line with global trends,” Selangor Menteri Besar Datuk Seri Amirudin Shari told reporters after officiating the launch of SAILH yesterday.

Source: The Star