THE Penang Technology Park@Bertam is poised to generate a substantial RM5.5 billion worth of employment opportunities once it is completed.
The project, which is being constructed by Ideal Capital Berhad, is set to become a catalyst for economic growth, especially in high-technology industries.
Penang Master Builders & Building Materials Dealers Association (PMBBMDA) president Datuk Goh Teng Whoo said that the technology park would contribute significantly to the infrastructure, with contracts worth RM450 million.
“These contracts will encompass various fields, includung earthworks, civil engineering, building, construction engineering, mechanical and electronic engineering, industrial wastewater engineering and environmental engineering.
“The broadband infrastructure contracts worth approximately RM12 million are expected to be awarded,” he said.
The project covers an area of 880 acres of industrial land.
Ideal Capital Bhd chairman Tan Sri Ooi Kee Liang said similar parks would be built in north Seberang Perai due to availability of land.
“The cost here is lower compared to other places,” he said.
Ooi said the Group’s vision was also in line with the state government’s Penang2030 vision.
“Many investors from abroad have also expressed their interest in venturing in the technology park,” he added.
He said the public amenities nearby such as hypermarkets, a commercial centre, and the Penang Golf Resort, also make the place an attractive spot.
Story by Edmund Lee