Business

MRCB launches Ipoh Raya Integrated Park

Company’s 336.85ha development marks its first foray into industrial, logistics market

Updated 1 year ago · Published on 09 Jun 2022 2:30PM

MRCB launches Ipoh Raya Integrated Park
MRCB Land chairman Tan Sri Mohd Annuar Zaini (second left) and Perak Menteri Besar Datuk Seri Saarani Mohamad (centre) examine a model of the Ipoh Raya Integrated Park. – MRCB pic, June 9, 2022

KUALA LUMPUR – Malaysian Resources Corporation Bhd (MRCB) today launched the Ipoh Raya Integrated Park – a first-of-its-kind bespoke six-phased sustainable integrated logistics park in Perak – witnessed by Menteri Besar Datuk Seri Saarani Mohamad.

This integrated development will be led by the company’s property division, MRCB Land. 

The Ipoh Raya Integrated Park is a 832.38 acre (336.85ha) development that will incorporate sustainability requirements, which are rapidly becoming standard pre-requisites for multinational corporations today. 

It also marks MRCB’s first foray into the industrial and logistics market, diversifying it away from its focus on green high-rise commercial and residential transit-oriented developments. 

The development is situated 14km south of Ipoh city along the North-South Expressway and adjacent to the East-West Highway. 

Within a 15km radius, the integrated park is supported by transportation hubs such as the Ipoh and Batu Gajah Komuter train stations, Sultan Azlan Shah Airport and Lumut Port, as well as the residential and commercial centres of Simpang Pulai and Ipoh. 

The integrated development will have a very positive impact on the local economy and is projected to create approximately 15,000 new employment opportunities in the area, the company said in a statement.

The Ipoh Raya Integrated Park will strengthen the industrial corridor within the region, providing investors with an efficient and effective environment for industrial and logistic operations. 

The energy-efficient integrated logistics park will incorporate environmental sustainability practices, including Green Building Index (GBI) certified structures, green streets and a central park, to make it a modern environment that will attract the world’s leading corporations. 

In addition to this, innovative solutions, including the adoption of Industry 4.0, 5G-enabled Internet of Things (IOT) and smart factory systems will be introduced. 

“We welcome and fully support the development of the Ipoh Raya Integrated Park in Perak. As we work towards economic recovery, we have outlined several key areas of focus for the state, including attracting potential investors, creating job opportunities and accelerating the adoption of technology. 

“The Perak government is working closely with various agencies and private sectors to achieve our targets and now with the introduction of the Ipoh Raya Integrated Park, we are confident that Perak will continue to build and gain recognition as an important hub for investors and multinational corporations alike,” said Saarani.

Perak Menteri Besar Datuk Seri Saarani Mohamad, speaking at the launch of the Ipoh Raya Integrated Park, is confident that the development will allow the state to continue to build and gain recognition as an important hub for investors and multinational corporations alike. – MRCB pic, June 9, 2022
Perak Menteri Besar Datuk Seri Saarani Mohamad, speaking at the launch of the Ipoh Raya Integrated Park, is confident that the development will allow the state to continue to build and gain recognition as an important hub for investors and multinational corporations alike. – MRCB pic, June 9, 2022

Meanwhile, MRCB Land chairman Tan Sri Mohd Annuar Zaini said the Ipoh Raya Integrated Park will lay the groundwork for its entry into industrial and logistics development, a segment of the market that will see much demand over the next few years from multinational corporations looking for large, strategically located, bespoke developments meeting their sustainability requirements. 

“The development of an integrated park and our tie-in with strategic partners is also in line with our policy of supporting bumiputera companies and providing an avenue for upcoming technology companies to hone their skills and offerings.

“The Ipoh Raya Integrated Park will consist of six phases with several key development areas, including an agro-based industrial hub, a logistics hub, managed park 1, 2, and 3, accommodation facilities, technical and vocational education and training facilities. 

“Phase 1 of the integrated park, which is the development of the logistics hub, is slated for completion in 2028,” he said.

During the launch event, memoranda of understanding were signed with the three development partners – Aerodyne Group, Hi Wealth Labs Sdn Bhd and Lorry.com. 

Aerodyne, with its Project Reporting Interactive Surveillance and Management (PRISM) Solution, will provide expertise for all three phases of pre-construction, under-construction and O&M inspection for completed buildings. 

The company also aims to leverage on Ipoh Raya Integrated Park to enable AI-driven UAV delivery in the future, serving clients, partners and Malaysians in the northern region and beyond. 

Hi Wealth Labs aims to explore blockchain technology adoption in Ipoh Raya Integrated Park, to increase its efficiency, transparency and traceability as well as to increase the security of supply chains in logistics. The company will share its knowledge in terms of 5GT IoT solutions to develop the integrated park.

The Lorry Online, which is primarily focused on providing logistic services, will work towards providing the foundation and structure for logistics preparation at Ipoh Raya Integrated Park with an establishment of its logistic centre at the integrated park. – The Vibes, June 9, 2022

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