News about Kulim

The planned township has an estimated gross development value (GDV) of RM650 million and will be developed in phases over 12 years, with groundbreaking targeted for the first quarter of 2027.

Located about four kilometres north of Phase 4A of the Kulim Hi-Tech Park (KHTP), Paramount said the acquisition will enable it to tap into KHTP’s expansion plans and Kulim’s potential population growth to launch a new township with residential, commercial and industrial properties, along with amenities.

“The government will consider allowing them [including industry players at KHTP] to apply for the new electricity tariff to be implemented simultaneously with the rest of Peninsular Malaysia in July — we are evaluating this due to its financial cost implications.

Maxland said the partnership aims to establish a state-of-the-art data centre in the Kulim High-Tech Park.

The Penang-based insulation products manufacturer, through its indirect joint venture (JV) company Nexel Development KHTP Sdn Bhd, is purchasing the land from Kulim Technology Park Corporation Sdn Bhd (KTPC) for RM12.

Its indirect wholly owned Maxland Data Sdn Bhd (MDSB) entered into the agreement on Thursday with Kulim Technology Park Corp Sdn Bhd to lease a 4.

Legasi Green is owned by Angelaxy Power (30%), Asanaga (30%), and Greenviro Solutions Sdn Bhd (40%).

The 96,720-square-metre land in Kulim, Kedah is expected to be developed in phases into a manufacturing facility that would more than triple its annual production capacity once fully-completed in June 2028, PGF said in a statement.

The plant located in Kulim High Tech Park is slated to be the largest 200-millimetre front-end manufacturing site for Infineon, focusing on automotive, green industrial power and power, and sensor systems.

While specific details of the meeting were not disclosed, the post affirmed that efforts to realise the project will continue under KXP Airport City Holdings Sdn Bhd, despite awaiting approval from the Ministry of Transport.