Cypark partners Johor state for waste-to-energy project

KUALA LUMPUR (March 16): Cypark Resources Bhd said yesterday it has entered into a cooperation agreement with the Johor state government to participate in a waste-to-energy (WTE) project in Batu Pahat, Johor.

The cooperation agreement documents were entered between Cypark and Permodalan Darul Ta'zim Sdn Bhd (PDT), a wholly-owned company of the Johor state government under a public-private partnership, Cypark said in a filing yesterday.

The tender for the project was issued by the Ministry of Housing and the Local Government, Cypark added. No details were given as to the plant's capacity or the targeted commission date.

"The agreement allows PDT and Cypark to jointly collaborate to explore, develop and resolve the state's waste management issues using time-tested and environmentally friendly technologies which include the development of WTE projects in the state of Johor.

"Through this collaboration, Cypark is confident that the joint venture will move Cypark one step closer towards realising its goal to develop the second WTE project after developing Malaysia's first WTE project at Ladang Tanah Merah, Negeri Sembilan," Cypark said.

Get the latest news @

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
  1. Iskandar Malaysia BRT to start operation by end-2023
  2. Johor continued to administer highest number of Covid-19 vaccine doses on Sept 2
  3. Developer of Forest City denies report of significant staff cuts in Malaysia