UEM Sunrise inks MoU to develop Renewable Energy Industrial Park in Johor

EdgeProp
16 May, 2024
Updated:over 1 year ago
Back (From left): Royd Lee, Project Development Director of ITRAMAS; Harman Faiz, Acting CEO of UEM Lestra; Dato’ Amran Hafiz Affifudin, Chairman of UEM Group; Fang Yanshui, President of CMEC; Irwin Mohd Eusoff, Chief Strategy & Transformation Officer of UEM Sunrise; Zhao Wenke, General Manager of CMEC 5th Complete Plants Division; Xu Hong, Chairman of CMEC Wuxi; and Hu Jianhui, Deputy Manager of CMEC 5th Complete Plants Division. Front (From left): Lee Choo Boo, Managing Director of ITRAMAS; Sufian Abdullah, CEO of UEM Sunrise; and Li Mingqiang, President Assistant of CMEC.
  • The RE Industrial Park is part of the one gigawatt hybrid solar power plant project and is one of the flagship catalytic projects under Malaysia’s National Energy Transition Roadmap (NETR).

BEIJING (May 15): UEM Group Bhd, through its township and property arm, UEM Sunrise Bhd signed an MoU with ITRAMAS Corp and China Machinery Engineering Corp (CMEC) to developing a Renewable Energy (RE) Industrial Park, measuring 40-acres in Gerbang Nusajaya, Iskandar Puteri, Johor.

The RE Industrial Park is part of the one gigawatt hybrid solar power plant project and is one of the flagship catalytic projects under Malaysia’s National Energy Transition Roadmap (NETR).

It was first announced by the government in July 2023, which saw MoUs signed between UEM Group, ITRAMAS, and subsidiary of CMEC, China Machinery Engineering Wuxi Co. Ltd. (CMECWUXI), along with Blueleaf Energy and HEXA Renewables, announcing their collaboration to participate through multiple potential roles including collaborating on project development, financing (including equity investments) and commercialisation (including offtake of green electricity).

This partnership recognises Malaysia’s strengths in green economy sector, leveraging the strategic location of Gerbang Nusajaya as a prominent gateway to Iskandar Puteri and Singapore.

“Securing partnership interest from China not only enhances the viability and impact of this national strategic project but also underscores the importance of crossborder collaboration in driving sustainable development,” said Datuk Mohd Izani Ghani, managing director of UEM Group.

Sufian Abdullah, chief executive officer of UEM Sunrise said: “This RE Industrial Park will not only act as a crucial driver in the Iskandar Puteri’s economic growth and transformation but enabling the RE and EV ecosystem in supporting the nation’s energy transformation agenda.”

The announcement of the RE Industrial Park signifies the second significant development in relation to NETR initiatives by UEM Group and ITRAMAS, which will be in

Gerbang Nusajaya and strategically designed to attract Chinese manufacturers and suppliers across the RE and Electric Vehicle (EV) value chains, as well as high-tech Research and Development (R&D) companies to establish its operations within the park.

Additionally, the RE Industrial Park will feature a RE Hub, housing a cutting-edge solar module factory and advanced research facilities, among other amenities; all aimed at spurring the growth of Malaysia’s energy transition and EV ecosystems.

Signing the MoU for UEM Sunrise was Sufian, representing ITRAMAS was its managing director, Lee Choo Boo and for CMEC, general manager assistant Li Mingqiang.

“These facilities will not only enhance our production capabilities but also propel us to the forefront of innovation in renewable energy. Together, we look forward to setting new standards in the industry and contributing to Johor's growth as a dynamic hub for renewable energy,” said Lee.

“The MoU signing marks the start of this collaboration. CMEC, with its expertise in general contracting, design, consulting, and engineering construction, will work closely with UEM Group and ITRAMAS,” said Fang Yanshui, general manager of CMEC.

UEM Sunrise is one of EdgeProp START’s strategic partners. The MINH in Mont’Kiara is a development highlighted in this partnership. All UEM Sunrise homebuyers also get to enjoy rewards worth up to RM18,888.

Looking to buy a home? Sign up for EdgeProp START and get exclusive rewards and vouchers for ANY home purchase in Malaysia (primary or subsale)!

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