business

Malaysia's You Group to build RM100mil shooting facility in Selangor

KUALA LUMPUR: YOU Group, via subsidiary You Arms Sdn Bhd, will collaborate with China's Poly Technologies Inc to build a premium shooting facility in Semenyih, Selangor, with a gross development value of almost RM420 million.

The 28-acre facility will consist of a 250-metre outdoor shooting range, a 150-metre indoor shooting range and an indoor circular screen shooting range.

It will also include a three-story building with training rooms, administrative offices, multi-purpose halls, as well as resort-style townhouses, and a clubhouse, to cater to training programmes and accommodate tourists.

The facility will be developed by You Arms, a licenced weapons and ammunition firm, through its affiliate company, You Shooting Academy Sdn Bhd.

The co-founders of You Shooting Academy signed a joint venture agreement with Poly Technologies representatives Hu Hao and Jiang Ying last Thursday at the Defence Services Asia (DSA) and National Security Asia (NATSEC) 2022 exhibitions at the Malaysia International Trade and Exhibition Centre.

Poly Technologies is China's top 300 corporation and part of Beijing-based China Poly Group Corp, one of China's leading arms exporters, which through its subsidiary, Poly Real Estate Group Co Ltd, is also active in property development.

According to Jimmy Zou Te Feng, one of the four co-founders of You Shooting Academy, the facility was targeted to break ground in June.

Zou told the New Straits Times that the facility would be developed in three major phases over five years.

Phase 1 comprises the construction of the shooting range and clubhouse, he said.

Zou said the state-of-the-art facility, which was expected to cost more than RM100 million, would serve as an ideal site for local and international shooting sports contests and events.

Poly Technologies is responsible for the facility's design and construction, as well as technical support and equipment.

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