Ascendas and UEM Sunrise Breaks Ground for Nusajaya Tech Park, Iskandar Malaysia12 Jun 2014
Ascendas and UEM Sunrise Breaks Ground for Nusajaya Tech Park, Iskandar Malaysia
- Over 40% pre-commitment for Ready-Built Facilities at the first release
- First tech park in Malaysia to be awarded BCA Green Mark Gold for Districts
Johor, Malaysia, 12 June 2014 – Asia’s leading business space solutions provider, Ascendas Pte Ltd, and UEM Sunrise Berhad (“UEM Sunrise”), today celebrated the groundbreaking of the Nusajaya Tech Park, an integrated tech park located at Gerbang Nusajaya, within Nusajaya in Iskandar Malaysia. The ceremony was graced by Malaysia’s Minister of International Trade and Industry, Y.B. Dato’ Sri Mustapa Mohamed, and Singapore’s Minister of Trade and Industry, Mr. Lim Hng Kiang.
Strategically located just minutes from Malaysia-Singapore Second Link Expressway, the 210-hectare (519 acres) integrated tech park will be developed in phases over nine years. The start-up phase spanning 28 hectares (71 acres) of Ready-Built Facilities and land plots for Build-to-Suit developments will be completed by 2016. When fully completed, the park is expected to support some 200 enterprises. At the first release, the park has received 40% pre-commitment for the Ready-Built facilities in the start-up phase.
At the event, major precision engineering and manufacturing corporation, Sanwa Group of Companies (“Sanwa”), leading integrated logistics and supply chain solutions partner, YCH Group, and Malaysia’s leading integrated information communication technology (ICT) and business process outsourcing (BPO) services provider, VADS Berhad, a wholly-owned subsidiary of Telekom Malaysia, participated in a signing ceremony indicating their interest in Nusajaya Tech Park. Sanwa is exploring to take up a 72,000 sq ft facility for their precision engineering and manufacturing operations. YCH Group has teamed up with Nusajaya Tech Park to explore developing a state-of-the-art supply chain facility (DistriPark™) operated by the group within Iskandar Malaysia. VADS Berhad is exploring to set up a data centre in the park.
A joint venture development by Ascendas and UEM Sunrise, Nusajaya Tech Park leverages on the two partners’ expertise and features a masterplan that focuses on effective and functional land use. An ecologically-advanced design enabled the Park to achieve the Merit Award in the Master Planning Category at the Singapore Landscape Architecture Awards 2013. The Park also set a new benchmark as the first tech park in Malaysia to be awarded Singapore’s Building and Construction Authority (BCA)’s Green Mark for Districts – Gold (Provisional) Award.
Tan Sri Dr Ahmad Tajuddin Ali, Chairman of UEM Sunrise said: “Nusajaya Tech Park embodies the collective experience and expertise of two real estate powerhouses and features a cluster of like-minded companies within a single location. This enables businesses to tap onto the industry ecosystem, helping to create a sustainable business environment.”
Mr Manohar Khiatani, President and Group CEO of Ascendas, said: “Nusajaya Tech Park is a unique project that brings together the expertise of Malaysia and Singapore, for a win-win partnership. With world-class infrastructure, locational advantages and a business clustering concept to optimize efficiency, our goal is to build a competitive ecosystem around key growth industries. We are confident that Nusajaya Tech Park is well-positioned to be a leading industrial hub that will further catalyse the growth of Iskandar Malaysia.”
Nusajaya Tech Park is ideal for companies in electronics, precision engineering, pharmaceutical, medical devices, food processing, fast moving consumer goods, supported by efficient logistics & warehousing services. The Park is also developed with a comprehensive security masterplan, conceptualised by Singapore-based Certis Cisco, to enhance the security of its tenants, employees, assets and operations. Future phases of the project include the integration of commercial spaces, dormitories, amenities and support facilities that cater to the park community.
Dr Ricky Souw, Group CEO of Sanwa, said: “Iskandar Malaysia presents immense potential for manufacturers and Nusajaya Tech Park is well-placed to complement Sanwa’s expansion plans. We are keen to explore locating in Nusajaya Tech Park because of the distinct advantage it offers as an industrial hub with quality infrastructure and close proximity to Singapore.”
Dr Robert Yap, Chairman and CEO of YCH Group, said: “Locating our operations in Nusajaya Tech Park aligns well with YCH’s commitment to expand in the region. With access to Malaysia’s vast resources and talent, and close proximity to Singapore, YCH’s operations in Iskandar Malaysia will be able to serve both international and domestic enterprises to meet client expectations that their products are delivered safely and on time.”
Mr Wan Ahmad Kamal Wan Halim, Executive Vice President, TM Enterprise, Telekom Malaysia Berhad (TM) said “TM is venturing into Smart Services that is delivered over the cloud for Iskandar Malaysia and is proud to be part of this flagship development as it marks another significant milestone towards realizing the aspiration of Nusajaya Smart City. TM will be the preferred telecommunications provider for the Nusajaya Tech Park providing ICT services comprising of voice, high-speed broadband, in-building WiFi and IP CCTV to the tenants. These services will be readily available as soon as the tenants move in so they can immediately begin their operations. In short, we provide a one-stop-shop for all your telecommunications and ICT needs to make doing business easier in Nusajaya Tech Park.”
Mr Ahmad Azhar Yahya, CEO of VADS Berhad, said: “This collaboration for Nusajaya Technology Park is a milestone for VADS as we will be developing our next data centre hub to serve Malaysia and the ASEAN region. We will also be leveraging on TM’s extensive network to serve our customers better and provide value added services to those located there. Moreover, this collaboration signifies our commitment to jointly market our solutions that can provide the tech park a competitive edge for the customers to compete globally.”
Set within Nusajaya, the heart of Iskandar Malaysia, Nusajaya Tech Park enjoys easy access to international airports and seaports in both Singapore and Malaysia. A proposed rapid transit system within Iskandar Malaysia and a Singapore-Kuala Lumpur high speed rail link are already in the works, strengthening the park’s connectivity and enhancing its international appeal.