business

AME Elite Consortium i-TechValley in Johor to reach RM1.5bil in GDV

KUALA LUMPUR: AME Elite Consortium Bhd aims to reach RM1.5 billion in gross development value (GDV) for its newly-launched i-TechValley at Southern Industrial and Logistics Clusters (SILC) Phase 3 in Johor.

Group Managing director Kelvin Lee Chai said i-TechValley at SILC stands on the shoulders of its ongoing success in developing purpose-built industrial parks with a strong emphasis on sustainability.

Lee said AME Elite is confident that i-TechValley at SILC would follow in the footsteps of its i-Park@Indahpura and i-Park@Senai Airport City, which have attracted foreign direct investment (FDI) from all across the globe.

"We envision i-TechValley at SILC to be a game-changer that sets new benchmarks in the industrial park landscape and are buoyant that this new industrial park will continue our legacy of excellence," he said.

Developed by AME's wholly-owned subsidiaries Pentagon Land Sdn Bhd and Greenhill SILC Sdn Bhd, i-TechValley would feature industrial properties from standard to larger fit-for-purpose buildings customised to customers' requirements.

Before its official launch today, i-TechValley at SILC has already garnered initial investments from prominent multinational corporations (MNCs) and domestic companies, including two US-based pharmaceutical giants.

i-TechValley at SILC is strategically located in the established economic zone of Iskandar Puteri, with close proximity to Singapore.

The park would be supported by key infrastructure such as high-speed broadband, end-to-end solar PV solutions, and 24-hour security systems.

Furthermore, i-TechValley at SILC upholds environmental, social and governance (ESG) principles with a focus on sustainable industrial development for businesses to scale their growth.

Some key features include orienting buildings to reduce direct sun glare as part of reducing energy consumption, utilising reflective glass to minimise heat transfer, and using spaced translucent sheeting to maximise natural daylight.

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