NCT Group launches sales gallery of country's first managed industrial park - MIDA | Malaysian Investment Development Authority
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NCT Group launches sales gallery of country’s first managed industrial park

NCT Group launches sales gallery of country’s first managed industrial park

02 Apr 2024

NCT Group of Companies (NCT Group) today launched the sales gallery of NCT Smart Industrial Park (NSIP), the country’s first managed industrial park.

Its founder and group managing director Datuk Seri Yap Ngan Choy said with today’s unveiling of the sales gallery, the company is providing potential investors with a preview of what the future holds in NSIP.

NSIP is raising the sustainability bar with its goal to become the first net-zero emissions industrial park by 2050 by leveraging artificial intelligence (AI) technologies and a low-carbon industrial framework.

With a gross development value of RM10 billion, the project is taking root within Selangor State’s Integrated Development Region in South Selangor (IDRISS) initiative where NSIP will be introducing clean electrification and other climate-friendly alternative energy sources combined with cutting-edge infrastructure.

Yap highlighted that NSIP is poised to revolutionise the industrial ecosystem in Selangor and Malaysia.

He said the company is redefining industrial standards by setting a new benchmark for excellence in the sector as a net zero park.

“This substantial development will also showcase Selangor’s unwavering commitment to driving the industrial revolution. “We take great pride in being located in IDRISS and plan to work hand-in-hand to elevate the state’s stature as an economic powerhouse, while supporting the nation’s broader goals of climate-friendly growth and attracting solid foreign direct investment.

“It is a testament to our collective determination to forge a better, more sustainable future for all,” he added.

Among the electrification technologies to be spearheaded at the park are rooftop solar photovoltaic (P) installations to power operations by optimising energy systems for maximum efficiency and enhanced mobility.

To support its digitalised industrial and energy system management, NSIP will introduce a digital twin technology deployed on a cloud-based Al loT platform.

With its advanced technology and seamless integration of Environmental, Social and Governance (ESG) principles, the park is the embodiment of the Al-Low Carbon Industrial Park concept.

Other key features of the park include an Al-Managed Centralised Labour Quarter (CLQ), with high-quality accommodation for up to 30,000 workers, rainwater harvesting systems and a ground-breaking 100-year flood mitigation plan.

In addition to its dedication to sustainability and digitalisation, NCT said NSIP will serve as the nucleus and comprehensive one-stop centre.

It said the park will offer a diverse array of services from key entities such as Invest Selangor, MIDA, Human Resource Development Corporation (HRD Corp), Perkeso and Kuala Langat Council, to facilitate the swift establishment of businesses and smooth operations.

NCT also stated it is on track for SIP’s potential inclusion in the prestigious Global Lighthouse Network (GLN) recognised by the World Economic Forum.

Source: NST