News about industrial

“International orders are coming in fast.

The contract, which was awarded by VED Engineers Sdn Bhd to the group's wholly-owned subsidiary Minetech Construction Sdn Bhd, commenced on June 28, 2024 and is slated for completion within three months, Minetech said in a bourse filing on Friday.

The facility will have a floor area of 166,300 square feet and will be located beside the current ViTrox Campus 3.

CIMB will offer specialised financial products designed to facilitate efficient industrial activities, including offering bespoke financial solutions for the requirements of industrial investors, providing expert financial advisory services, supporting sustainable financing initiatives and providing tailored financing options to support initial setup and ongoing expansion of industrial operations within SPD Tech Valley.

The solar farms for KIGIP will be owned and operated by SDP, as renewable energy has been identified as a key strategic pillar and revenue source for the group.

NCT said the MOU with SMARTSEL will focus on the integration of 4G and 5G networks to drive telecommunications and digital operations at the NSIP, while bolstering the connectivity infrastructure within Selangor.

Pekan Sentral is the commercial component of Pekan Nenas Industrial Park, an on-going project developed by Paragon Bizhub — the wholly owned subsidiary of Paragon Globe.

The commitment signals “confidence and support from investors in our infrastructure initiatives aimed at enhancing connectivity and livability within our developments,” the company said in its annual report released on Friday.

The industrial park will be developed in three phases, and feature solar-ready factories and a low-carbon global centre.

The latest acquisition comes shortly after the international freight services provider's announcement in January that it was buying 5.