KUALA LUMPUR (Oct 28): Suling Hill Development Sdn Bhd, a joint-venture between AME Elite Consortium Bhd (KL:AME) and Majestic Gen Sdn Bhd, officially launched Northern TechValley @ BKE in Seberang Jaya, Penang on Monday.
Spanning 176 acres, the RM1.3 billion industrial park will be equipped with high-speed fibre-optic internet, recreational areas such as sports hall and a managed workers’ accommodation, according to a press statement on Monday.
The development will also be designed with sustainable features such as the usage of reflective glass that minimises heat transmissions, translucent sheets for natural lighting and solar photovoltaic panels for energy efficiency.
In the press statement, Suling Hill Development director Dylan Tan Teck Eng said: “Northern TechValley @ BKE reflects Penang’s vision to lead in the global technology sector. By leveraging the strengths of AME Elite and Majestic Gen, we are establishing a vibrant industrial park that supports the growth of advanced manufacturing and high-tech industries. As AME Elite’s first industrial park outside Johor, Northern TechValley marks a significant milestone in its expansion strategy. We believe this project will drive innovation and contribute to Penang’s reputation as a global hub for advanced industries.”
Tan added that the Suling Hill Development aims to attract leading companies from various sectors of semiconductors, electronics, medical technology and logistics into Northern TechValley @ BKE.
Meanwhile, Suling Hill Development director Ta Wee Dher said: “This project presents a unique opportunity to enhance Penang’s industrial landscape by integrating Majestic Gen’s commercial development expertise with AME Elite’s strengths in industrial space solutions. By creating a conducive environment that meets the needs of global and domestic companies, we aim to generate job opportunities and strengthen the local supply chain. This initiative is essential for enhancing Penang’s investment appeal and positioning the state as a prime destination for high-quality investments and innovation in the region.”
Northern TechValley @ BKE is expected to be completed in 2029.