ForLease-TypeE2 - Penang Technology Park

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”

WELL-DEVELOPED INFRASTRUCTURE &
UTILITIES SERVICES

• 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”