NCT Group, SIDEC to 'future ready' Selangor's smart industrial park - MIDA | Malaysian Investment Development Authority
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NCT Group, SIDEC to ‘future ready’ Selangor’s smart industrial park

NCT Group, SIDEC to ‘future ready’ Selangor’s smart industrial park

17 Oct 2024

NCT Group, via unit NCT Land Sdn Bhd, has formed a partnership with Selangor Information Technology & Digital Economy Corporation (SIDEC) on fostering advanced technologies, innovation and community building at the NCT Smart Industrial Park (NSIP).

“The partnership marks a key milestone for NSIP as it solidifies its position as a hub for semiconductors, artificial intelligence (AI) and robotics while supporting NSIP’s evolution into a digitally driven, environmentally sustainable industrial destination in Selangor,” the group said.

NCT founder and group managing director Datuk Seri Yap Ngan Choy said making NSIP future ready will be beneficial for all stakeholders.

“SIDEC’s multifaceted expertise in driving the digital economy and fostering smart city solutions makes them the ideal partner to take NSIP to the next level.

“Together, we are establishing an industrial park that not only meets the infrastructure demands of businesses but also sets the standard as the country’s first tech-centric park with zero emissions by 2050,” he said in a statement.

SIDEC chief executive officer Yong Kai Ping said as Selangor moves towards becoming a leader in digital economy and smart city solutions, the collaboration with NCT aligns perfectly with SIDEC’s vision for innovation and sustainability.

“NSIP will set the standard for smart, sustainable industrial parks, and we are excited to contribute our expertise in digital transformation,” he added.

Key initiatives under the partnership include business matchmaking, where NCT and SIDEC will actively connect local and international companies to create new collaborations and innovative synergies aimed at driving investments for sustainable long-term growth.

Additionally, digital transformation remains a key focus of the alliance, complementing NSIP’s ongoing efforts to strengthen operational efficiency and create an environment conducive to global expansion through the adoption of advanced technologies and systems.

“Ultimately, these multifaceted initiatives are designed to enhance NSIP’s position as a leading industrial hub, fostering a vibrant, sustainable and innovative industrial community,” NCT said.

NSIP is sited within the Integrated Development Region in South Selangor.

Source: NST

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