IPOH, September 12 — The Kuala Lumpur Kepong (KLK) TechPark development is projected to generate a gross development value of RM3.5 billion over the next 10 years, said KLK Berhad executive chairman Tan Sri Lee Oi Hian.
Lee said the KLK TechPark, which spans 526.9 hectares for industrial growth and 80.9 hectares for residential support, will be developed in phases from 2025 to 2035.
“KLK TechPark is envisioned as a platform to drive Perak’s economic and industrial aspirations.
“With the State Government’s support and BYD Co Ltd as the anchor investor, we believe this development will create opportunities for businesses and communities while fostering a sustainable and competitive ecosystem in the long term,” he said at the launch of KLK TechPark at Wisma Taiko here.
The launch was officiated by Perak Menteri Besar Datuk Seri Saarani Mohamad. Also present were Science, Technology and Innovation Minister Chang Lih Kang, and state Tourism, Industry, Investment and Corridor Development committee chairman Loh Sze Yee.
Phase one of the project will see BYD serving as the anchor investor with a 150-acre facility, with infrastructure works targeted for completion by the end of 2026.
Phase two, scheduled to begin by the end of 2025, will feature a 200-acre vendor park for automotive and manufacturing players.
The project is also expected to create between 10,000 and 20,000 job opportunities.
Lee added that KLK TechPark will offer build-to-suit solutions, industrial plots, and ready-built factories supported by essential infrastructure and connectivity.
“It is strategically located near the Automotive High-Tech Valley (AHTV), with direct access to the North-South Expressway, and is just minutes away from Tanjong Malim town and the Behrang toll,” he said.
Meanwhile, Saarani said KLK TechPark in Tanjong Malim will complement the growth of AHTV by providing high-tech industrial sites and the vendor ecosystem needed by Proton, Geely and now BYD.
He said with the combination of both projects, Tanjong Malim will emerge as the largest automotive cluster in the region, covering conventional cars, electric vehicles (EVs), batteries, components, logistics and research.
“It is not an exaggeration to say that this marks the beginning of a world-class sustainable automotive hub in Perak,” he added.
Said said KLK TechPark represents a landmark for international EV investments in the state, noting that the presence of China‘s BYD as a major industry player puts Tanjong Malim on the global map.
“When one of the world’s largest EV manufacturers chooses to invest here, it reflects global confidence in Perak.
“This is also in line with the nation’s aspiration to achieve net-zero carbon emissions by 2050,” he said.
Saarani said the achievement was made possible through strong synergy between the Federal Government, State Government and the private sector.
“Mosti and Miti provide the policies and incentives, while the State Government ensures smooth implementation through the Perak Sejahtera 2030 plan.
“With the Muallim Speed-Lane (M-SL) initiative, the project can progress swiftly with effective governance,” he said.
