KUCHING: Matrix Concepts Holdings Bhd (Matrix Concepts)) is targeting more investors to set up manufacturing facilities at its Sendayan TechValley (STV) and Sendayan TechPark (STP) high-tech industrial parks in Seremban.
Speaking at the annual general meeting (AGM), Matrix Concepts’ chairman Dato’ Haji Mohamad Haslah said that the anticipated influx of high-skilled professionals into the industrial parks would boost demand for properties in Bandar Sri Sendayan (BSS), its flagship township development.
“We strive to attract more local and foreign corporations to invest in our industrial properties.
Our efforts have been successful thus far, with more than RM4 billion worth of foreign direct investments secured since 2010.
This is due to our industrial parks’ strategic locality, superior infrastructure network, and attractive pricing.
“Also, we are confident that the increasing number of high-impact organisations setting up operations here would be the catalyst to drive greater demand for both residential and commercial properties in the BSS township.
“In this regard, we have invested into excellent infrastructure and amenities in BSS, including our recent investments into d’Tempat Country Club, a modern country club equipped with top-notch leisure and sports facilities, and Matrix Global Schools, a world-class international and private school.
By developing an integrated township to live, work, and play, we are creating tremendous value for our residents,” he said.
To date, STV has attracted a total of 18 investors from around the world, including Japan, UK, France, Germany, Denmark, and China.
Of these, a total of six companies have commenced operations in STV to date.
Meanwhile, the Group is in the midst of laying the necessary infrastructure for STP, for the 164-acre industrial land to be ready for sale in the first half of 2016.
The outstanding gross development value (GDV) of STV and STP combined is approximately RM550 million comprising 310 acres of net saleable industrial land.
The Group also announced the acquisition of additional 145 acres of industrial land in Seremban from September 2014 to March 2015.
The new acquisitions would increase the Group’s net saleable industrial land as well as GDV.
Haslah commented, “We have consistently garnered keen interest from potential investors in our industrial parks, many of which have been translated into tangible sales over the past five years.
This has underpinned our confidence to undertake more landbanking, and to grow revenue contribution from industrial properties going forward.”