10 June 2015

Matrix Concepts aims for more investors into industrial parks

  10 June 2015
Property developer Matrix Concepts Holdings Bhd expects to attract more investors to set up manufacturing facilities at its Sendayan TechValley (STV) and Sendayan TechPark (STP) high-tech industrial parks in Seremban.

In a statement on Wednesday, chairman Datuk Mohamad Haslah Mohamad Amin said the anticipated influx of high-skilled professionals into the industrial parks would boost demand for properties in Bandar Sri Sendayan (BSS), which is the company's flagship township development.

"We are striving to attract more local and foreign corporations to invest in our industrial properties. Our efforts have been successful thus far, with more than RM4bil worth of foreign direct investments secured since 2010.

"This is due to our industrial parks' strategic locality, superior infrastructure network, and attractive pricing," he said after the company's AGM.

Mohamad Haslah said Negri Sembilan-based Matrix Concepts was also confident that an increasing number of high-impact organisations setting up operations, would be the catalyst to drive greater demand for both residential and commercial properties in the BSS township.

To date, STV has attracted 18 investors from around the world, including Japan (Hino Motors, Akashi-Kikai, Nippon Kayaku), United Kingdom (Weir Group), France (Messier-Bugatti-Dowty), Germany (Schmidt + Clemens), Denmark (Fibertex), and China (Hubei Dijian Construction).

Of these, six have commenced operations at the STV to date.

Meanwhile, the company is in the midst of laying the necessary infrastructure for the 66.37ha STP industrial land to be ready for sale in the first half of 2016.

The combined outstanding gross development value of the STV and STP is about RM550mil and comprising 125.45ha of net saleable industrial land. - Bernama
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