KUALA LUMPUR (July 29): NCT Group via its subsidiary NCT Smart Management Sdn Bhd has signed five memoranda of understanding (MOUs) with five different companies worth RM25 million to enhance its NCT Smart Industrial Park (NSIP) in Sepang, according to a press statement on Monday.

NSIP is a 732-acre industrial park with a gross development value of RM10 billion. The project is being developed in three phases, of which the first phase spanning 250 acres has received 60% bookings. The park features several infrastructures, artificial intelligence-managed facilities, smart surveillance and environmentally friendly initiatives such as solar energy utilisation and rainwater collection systems.

The five companies — Honor Aigrafx Innovative Intelligence International Pte Ltd, Harta Maintenance Sdn Bhd, JMM Lightings Sdn Bhd, Zinxer Paint Marketing Sdn Bhd and OK Coating Sdn Bhd — signed the MOUs during the Selangor International Business Summit 2024 that was held from July 25 to 27.

Under the MOUs, Honor Aigrafx will introduce meta-experience technology systems to NSIP, of which transformative technology is expected to create numerous collaboration opportunities and enhance processes, ultimately fostering an improved working environment at NSIP.

Harta Maintenance will develop comprehensive energy management solutions to optimise energy consumption and substantially reduce costs at the facility. The company will use cleaning services that utilise sustainable equipment and products.

JMM Lightings will supply essential building materials that will facilitate the park’s construction and operational requirements. The statement said this collaboration is expected to enhance the overall energy efficiency of the park.

Besides that, Zinxer Paint will ensure the supply of high-quality decorative and industrial coatings for NSIP while OK Coating will supply premium wood and metal surface coatings as well as protect the park from environmental damages, further enhancing the long-term durability and sustainability of the overall development.

In the statement, NCT Group founder and managing director Datuk Seri Yap Ngan Choy said, “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.”