Ideal Property Group launchecs business hub in Penang Technology Park @ Bertam, Penang
Construction of customized / prefabrication of green technology manufacturing building and related manufacturing facilities.
To provide all type of services to investors.
Laison with local authority.
Laison with investors on land & building matters
Fast Track Approval
Solar as an ESG solution.
Solar system on dry detention pond. Initial power supply capacity: up to 26 MVA
Savings on energy costs & deliver long-term predictable financial returns.
Solar energy specialist services available for factory building.
Flexibility & alternative from non FTZ Zone.
Import & export tax exemption.
Fast track approval on business license from MIDA.
Top-of-the-line CCTV
Main road surveillance system
Police beat base
Security control centre
Attractive incentives, right and privilege offered by NCIA
Tax exemption.
Source: TM Berhad / Maxis
Fiber optics: 24 core lines
5G network
Broadband / mobile service providers
Source: Perbadanan Bekalan Air Pulau Pinang (PBA)
Capacity: up to 3.5 million gallons per day (MGD)
Source: Tenaga National Berhad
Main supply 275/132kV
Features: reliable, stable, uninterruptible, near constant quality
Initial power supply capacity: up to 200 MVA
Investor may apply to TNB for higher power supply.
SEAMLESS INDUSTRIAL & PROPERTY SERVICES
• One-Stop Centre offers an exclusive range of services to assist investors in setting up their businesses • Park Management oversees the operations of the Park & manages industrial lan, building & facilities
READY CATCHMENT OF TALENTS
• Collaborations with top-notch institutions & agencies • Population of more than 500,000 within a 15km radius
WORKER DORMITORIES/ CENTRALISED LABOUR QUARTERS (CLQ)
Malaysia Federal Government • Malaysian Investment Development Authority (MIDA) • Northern Corridor Implementation Authority (NCIA) • Jointly promote, attract & facilitate investments in PTP • Incentives & Subsidies
Penang State Government • Fast track approval from state department & agencies. • Fast track construction permit (E10) • Grant of industry park name “Penang Technology Park @ Bertam”
• Easy access to major routes & ports for seamless logistics and distribution networks • Ready-to-go electricity, water supply & 5G high speed internet
PROXIMITY TO SEAPORT, AIRPORT & NEARBY AMENITIES
• East connectivity to the rest of the world via Penang Port (23km) & Penang International Airport (42km) • Readily available amenities within the vicinity for convenience and higher investment value
EASY CONSTRUCTION FACILITATION
• Fast-track Construction Permit Process with a 10-month project milestone expedites the building construction process
COMPLETE LAND AUTONOMY (FREEHOLD)
• Higher appreciation value • No state consent required for subsale / subletting • No restriction in interest endorsement on land title
ATTRACTIVE GOVERNMENT INCENTIVES & SUBSIDIES
• Income tax exemption • Investment tax allowance • Exemption from stamp & import duties • Wage subsidy* * Subject to individual company’s criteria & authority’s approval
GOVERNMENT SUPPORT TO BOOST INVESTMENT
• Federal Government (e.g. Malaysian Investment Development Authority [MIDA] & Northern Corridor Implementation Authority [NCIA]) to jointly promote, attract & facilitate investments, including the introduction of incentives & subsidies. • Fast track approval from state department & agencies. • Grant of industry park name “Penang technology Park @ Bertam”