Kim Teck Cheong Consolidated Berhad plans RM100 million Industrial Park
Published on: Friday, June 13, 2025
Published on: Fri, Jun 13, 2025 Text Size: Lau said the strategic investment marks a major milestone in the group's five-year expansion plan and will position KTC as the region's largest FMCG distribution center, serving markets across Sabah, Sarawak, Brunei and Indonesia. Kota Kinabalu: Kim Teck Cheong Consolidated Berhad (KTC), a leading fast-moving consumer goods distributor in East Malaysia, has acquired 15 acres of land worth RM40 million at Kota Kinabalu Industrial Park KKIP to develop its largest integrated operations and manufacturing hub. The KTC Industrial Park represents a total investment of RM100 million and is expected to expand the company's operational capacity by 40 per cent while boosting revenue projections to between RM1.5 billion and RM1.6 billion.
Advertisement Executive Director Datuk Dexter Lau said the strategic investment marks a major milestone in the group's five-year expansion plan and will position KTC as the region's largest FMCG distribution center, serving markets across Sabah, Sarawak, Brunei and Indonesia. 'This development will significantly enhance our logistics capabilities and operational efficiency while creating 500 new jobs, with priority given to hiring locals from underprivileged backgrounds,' he said in a statement, here, Wednesday. The Bursa Malaysia main market-listed company has already surpassed RM1 billion in revenue as of June 2025, operating from a current footprint of 500,000 square feet. Construction of the industrial park will commence soon, with the facility expected to strengthen KTC's supply chain ecosystem across East Malaysia. Additionally, KTC's board has approved a RM10 million investment in Sarawak, targeting a combined 50 per cent revenue growth in East Malaysia over the next two to three years. The company aims to reach a workforce of 2,000 employees across Malaysia and Brunei within the year. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
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