Latest news with #PKNPk
The Star
30-05-2025
- Business
- The Star
Perak forges strategic deals to advance maritime and halal sectors
PETALING JAYA: Perak is staking its claim as a future-forward economic hub with the signing of two strategic memoranda of understanding (MoU) by the Perak State Development Corp (PKNPk) – one with the government of the United Arab Emirates (UAE) to explore cooperation in food security and strategic investment, and another with CHEC Construction (M) Sdn Bhd, a global infrastructure firm. The MoUs were signed in conjunction with the Asean Summit 2025. In a statement, PKNPk said the agreements focus on three high-impact sectors, namely the development of the Bagan Datuk International Sea-Hub Multipurpose Terminal (BDI-SMT), the establishment of a Halal and Artificial Intelligence (AI) Industrial Hub in Perak, and collaboration on sustainable food security initiatives. 'These partnerships signal growing confidence in Perak's strategic role as a regional investment hub and its commitment to inclusive and sustainable growth.' One MoU was signed with CHEC Construction, outlining plans to develop the BDI-SMT and establish a Halal and AI Industrial Hub in Perak. The other was formalised with the government of the UAE to explore collaboration in food security and investment opportunities related to the BDI-SMT project. The MoU with the government of the UAE outlines a framework to explore potential cooperation in sustainable food security and strategic investment opportunities related to the BDI-SMT project. The collaboration will assess innovations in agricultural technology, regional trade linkages, and long-term supply chain resilience. The MoU with CHEC Construction, part of a globally recognised infrastructure group outlines a plan to jointly develop the BDI-SMT as a vital trade gateway to link China, Asean and Gulf Cooperation Council nations to the world. 'This partnership also includes the establishment of a Halal and AI Industrial Hub in Perak, designed to strengthen ethical manufacturing, promote industrial digitalisation and position Perak as a catalyst for emerging economic sectors.' Perak Corp Bhd will lead the development of the BDI-SMT. This strategic project supports Perak's vision for the Lumut Maritime Industrial City as a new engine of growth anchored on maritime, logistics and industrial development. 'This initiative aligns with national priorities and is expected to contribute significantly to Malaysia's economic and infrastructure development,' said PKNPk.
New Straits Times
04-05-2025
- Business
- New Straits Times
Majuperak unveils new housing project for first-time buyers, young families
KUALA LUMPUR: Majuperak Holdings Bhd, a subsidiary of Perak State Development Corporation (PKNPk), has launched a new residential development called Taman Tasik Ardea in Sungai Terap, Batu Gajah. The project is being developed on land owned by Syarikat MajuPerak Bhd (SMB), another PKNPk subsidiary, as part of the state government's broader plan to improve access to quality housing for targeted communities. With a gross development value (GDV) of RM141 million, the project comprises 601 homes to be built in three phases - 161 units in Phase 1, 264 units in Phase 2 and 176 units in Phase 3. Spread across 46.13 hectares, Taman Tasik Ardea features single-storey terrace houses designed to cater to first-time buyers, young families, and those seeking a tranquil, nature-filled setting. Prices range from RM90,000 for Rumah Perakku 1 to RM250,000 for Rumah Perakku 3, with unit sizes between 1,075 and 1,275 square feet offering 3 to 4 bedrooms. Selected units are also open to non-Bumiputera buyers. Perak Menteri Besar Datuk Seri Saarani Mohamad, who launched the project, reiterated the state government's commitment to fulfilling the housing aspirations of Perakians through the Flagship Prosperous Housing Programme, under the Perak Sejahtera 2030 development plan. PKNPk chief executive Datuk Redza Rafiq Abdul Razak said the project is part of the state's broader strategy to maximise the use of its assets and leverage property development as a tool to enhance public welfare. Redza, who also serves as executive chairman of Majuperak, added that Taman Tasik Ardea exemplifies a coordinated effort between government development policies and private sector participation. "Under Majuperak, we are not just building houses – we are building a community that is resilient and high quality, with a focus on social integration, public amenities and environmental sustainability," he said.
