- The development will feature two smart warehouses equipped with AS/RS systems, one for advanced cold chain logistics and the other for high-efficiency ambient storage, providing approximately 1.5 million sq ft in floor area and offering capacity for 150,000 pallet locations.
SHAH ALAM (Aug 20): S P Setia Bhd has signed a partnership with Taiwan-based Ally Logistic Property Co Ltd (ALP) to develop a build-to-lease warehouse on a 42-acre plot at Setia Alaman, Klang.
Located just 5km from the group’s township development, Bandar Setia Alam, Setia Alaman Industrial Park forms part of Setia’s eco-industrial site masterplan, which has an estimated gross development value of up to RM4 billion.
The development will feature two smart warehouses equipped with AS/RS systems, one for advanced cold chain logistics and the other for high-efficiency ambient storage, providing approximately 1.5 million sq ft in floor area and offering capacity for 150,000 pallet locations.
ALP is Taiwan’s largest warehousing infrastructure developer. It specialises in automated warehouses and system integration, supporting top-tier clients in e-commerce, FMCG, and 3PLs in their operations and transition to automation.
"Our collaboration with ALP represents a significant milestone for Setia industrial development. This partnership aligns with our commitment to creating sustainable growth, and we are excited to create a future ready industrial ecosystem that will attract regional and international tenants. Moving forward, the industrial pillar will be Setia’s new growth business pillar," said S P Setia chief operating officer Datuk Zaini Yusuff.
ALP’s co-founder and CEO Charlie Chang said: “Our partnership with Setia is a significant step toward delivering next-generation logistics infrastructure in Malaysia. We aim to leverage our logistics real estate expertise and in-house technology to deliver onestop smart solutions through OMEGA.”
“Drawing on Setia’s experience in sustainable township development and ALP’s expertise in smart warehouse infrastructure, the partnership aims to create a modern, industrial ecosystem. “This project is anticipated to attract regional and international tenants involved in industrial technology and logistics, thereby enhancing Setia Alaman’s appeal as a strategic business hub,” stated S P Setia in a media release.
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