Menteri Besar Datuk Onn Hafiz Ghazi: “It will aim to attract strategic investments from RCEP member countries by focusing on high-value sectors, such as advanced manufacturing, green technology and the digital economy.
Analysts said the development reinforces EcoWorld’s long-term growth prospects from resilient demand for industrial assets, while the price tag for the project land is also fair.
The project, a joint venture with Belgium-based Port of Antwerp-Bruges International (PoABI), is designed to be a long-term, sustainable maritime and industrial hub that is centred on value-added and innovation-driven industries.
Fajarbaru said the work is scheduled to begin on April 11 and will span nine months, with completion expected by Jan 10, 2026.
CIMB Securities said in its note that the domestic focus on the sector makes it relatively attractive to foreign investors.
Super spacious Desa ParkCity condo sold (Park Regent) | DONE DEAL 3-storey Mont’Kiara bungalow an absolute steal (Aman Kiara) | DONE DEAL Average transaction prices for industrial properties in Mukim Tanjung Minyak, Melaka, have seen steady increments each year, since 2021, which was the year with highest recorded average transacted prices post-pandemic.
Menteri Besar Datuk Seri Saarani Mohamad said this while acknowledging several challenges facing the implementation of the project, particularly the need to reclaim swampy land in the area.
NSIP is the first managed industrial park in the country to receive the recognition.
Selangor Menteri Besar Datuk Seri Amirudin Shari said the industrial park, targeted for completion in 2026, anchors the first phase of development of the 324-hectare (800-acre) Beringin HTA Valley ecosystem, bringing world-class automotive manufacturing and cutting-edge technologies to Hulu Selangor.
In a statement on Thursday, the real estate consultancy firm said global trade tensions, particularly the possibility of tariff hikes under President Donald Trump's administration, could prompt manufacturers to diversify their production bases, further strengthening Malaysia’s position as a strategic industrial hub.
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