PHASE One of the 880-acre Penang Technology Park at Bertam has been completed, with the second phase at 85 per cent completion, said developer Ideal Property Group.
The entire infrastructure rollout is on track for completion by June.
Positioned as a strategic development in Kepala Batas (Seberang Perai Utara), the industrial park is emerging as a new node in Penang’s semiconductor ecosystem, supporting the state’s role in the global supply chain.
Datuk Goh Teng Whoo, Chief Operating Officer of Ideal Property Group, stated that although the park is privately developed, it has received strong backing from the Penang government.
Construction progress and land sales are advancing concurrently, he said, adding that development is proceeding according to schedule.
“Phase 1 infrastructure has been fully completed, while Phase 2 core infrastructure works have reached 85% completion,” he said.
The infrastructure package includes the upgrading of the main access road into a four-lane dual carriageway, 100ft-wide internal roads, water supply and drainage systems, power infrastructure, telecommunications services, 5G connectivity, natural gas pipelines and a 24-hour CCTV surveillance system.
Phase 2 works are expected to be completed by June, providing incoming investors with operational industrial facilities supported by ready utilities infrastructure.
To date, more than 55% of the industrial land has been taken up, including by several China-based high-technology players.
Goh said the clustering of upstream and downstream players is gradually taking shape, forming an integrated industrial ecosystem within the park.
“Malaysia is building a more integrated semiconductor ecosystem, with Penang as its core hub. Penang Technology Park provides a platform for local companies and talent to participate more meaningfully in the global value chain."
Several manufacturing facilities are currently under construction, while additional investors are expected to commence groundworks within the year.
Among the foreign direct investment (FDI) projects secured at the park are:
INV New Material Technology, a global lithium battery separator manufacturer, is developing a 66-acre facility with a total investment of RM6.4 billion.
The project is expected to create 1,500 technical jobs, with its first phase having commenced operations last year.
SuperSiC Malaysia, a unit of China-based Jingsheng Mechanical & Electrical, is establishing its first large-scale overseas production base.
The first phase is expected to deliver an annual capacity of 240,000 silicon carbide wafers, catering to third-generation semiconductor applications.
Trensor Electronics has committed RM100 million to set up its first overseas plant in Penang.
The facility is slated to begin operations in 2026, with targeted annual sales of
RM200 million.
Goh said the entry of anchor investors underscores market confidence in the area's long-term prospects and reinforces Penang’s position as a preferred destination for high-value manufacturing and technology investments. – March 1, 2026
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