clock 04-04-2024
hit 338
Selangor MB Officiates Opening of NCT Group’s NSIP Sales Gallery

Award-winning NCT Group of Companies (NCT Group) today marked a fresh milestone in the development of the NCT Smart Industrial Park (NSIP), with the official opening of its sales gallery. As the country’s first Managed Industrial Park, NSIP is raising the sustainability bar with its goal to become the first net-zero emissions industrial park by 2050 by leveraging artificial intelligence (AI) technologies and a low-carbon industrial framework.


With a gross development value of RM10 billion, the pioneering project is taking root within Selangor State’s Integrated Development Region in South Selangor (IDRISS) initiative where NSIP will be introducing clean electrification and other climate-friendly alternative energy sources combined with cutting-edge infrastructure. 



The opening of the sales gallery was graced by the presence of Dato’ Menteri Besar Selangor YAB Dato’ Seri Amirudin Shari alongside member of the Selangor State Executive Council for Investment, Trade and Mobility YB Tuan Ng Sze Han, and former Selangor State Executive Councillor for Trade and Industry YB Dato’ Teng Chang Khim. 



Dato’ Sri Yap Ngan Choy, Founder and Group Managing Director of NCT Group, highlighted that NSIP is poised to revolutionise the industrial ecosystem in Selangor and Malaysia. "We are redefining industrial standards by setting a new benchmark for excellence in the sector as a net zero park. NSIP’s development is certainly premised on delivering a transformative environment that facilitates profitability and growth. It also intends to be respectful to the environment and communities, and we will not compromise on our sustainability principles. This direction aligns closely with our corporate commitment to achieving a 45% reduction in carbon emissions by 2035, with NSIP a key contributor to the Group's overarching goals, while we support the national net-zero target by 2050.”



Among the electrification technologies to be spearheaded at the park are rooftop solar photovoltaic (PV) installations to power operations by optimising energy systems for maximum efficiency and enhanced mobility. To support its digitalised industrial and energy system management, NSIP will introduce a digital twin technology deployed on a cloud-based AI IoT platform. 



Dato’ Sri Yap added, “We are seeking to catalyse energy supply decarbonization and drive industrial sector efficiency, thereby unlocking vast market opportunities through the scaling up of pioneering technologies and innovative services.”



With its advanced technology and seamless integration of Environmental, Social and Governance (ESG) principles, the park is the embodiment of the AI-Low Carbon Industrial Park concept. Other key features of the park include an AI-Managed Centralised Labour Quarter (CLQ), with high-quality accommodation for up to 30,000 workers, rainwater harvesting systems and a ground-breaking 100-year flood mitigation plan.



He said, "With today's unveiling of the sales gallery, we are providing potential investors with a preview of what the future holds in terms of a managed, sustainability centric park coupled with the opportunity to take part in building a circular economy that nurtures the growth of green, profitable and resilient businesses. We are shaping a forward-thinking and inclusive industrial ecosystem that will remain relevant for generations to come.”



In line with a circular economy, NSIP, which is spread over 732 acres and comprises three phases, will feature solar-ready factories and a low-carbon global centre. The park’s surroundings will be enriched with indigenous flora, comprising a diverse selection of tree species chosen for their natural carbon sequestration capabilities, effectively reducing its carbon footprint.



Meticulously designed to meet the burgeoning needs of high-tech industries, including electrical and electronic (E&E), semiconductors and smart logistics, NSIP will also unleash the transformative benefits of smart manufacturing through the integration of Fourth Industrial Revolution (4IR) technologies and other innovative trends.



Dato’ Sri Yap stated, “This substantial development will also showcase Selangor’s unwavering commitment to driving the industrial revolution. We take great pride in being located in IDRISS and plan to work hand-in-hand to elevate the state’s stature as an economic powerhouse, while supporting the nation's broader goals of climate-friendly growth and attracting solid foreign direct investment. It is a testament to our collective determination to forge a better, more sustainable future for all.” 



In addition to its dedication to sustainability and digitalisation, NSIP will serve as the nucleus and comprehensive one-stop centre, offering a diverse array of services from key entities such as Invest Selangor, MIDA, Human Resource Development Corporation (HRD Corp), Perkeso and Kuala Langat Council, to facilitate the swift establishment of businesses and smooth operations.



NCT also stated it is on track for NSIP's potential inclusion in the prestigious Global Lighthouse Network (GLN) recognised by the World Economic Forum.


Tags / Keywords:




footer tagline