Ideal Property Group is setting up a new industrial park at Bertam, Northern Seberang Perai District, with a gross development value of RM4.2billion.

This state-of-the-art industrial park, dubbed Penang Technology Park @ Bertam, will be the first technology park established within North Seberang Perai District. Associated with its name of Penang Technology Park, this prioritised to be well-managed industrial park is set to focus in creating spaces for investors from research and technology segment, allowing potential synergies and innovative to explore in new and emerging technology. Other targeted businesses include fully automated distribution centre, logistic operation and packaging solutions.

Locals to expect a positive economy activities in adjacent neighbourhood. Penang Technology Park @ Bertam will undoubtedly bring huge advantages especially for universities, colleges and learning institutions. The new establishment will foster employment prospects by creating jobs, attracting related businesses, providing access to resources, and offering opportunities for skill development.

“Penang Technology Park@Bertam will serve as the incubator for growing and innovative high-tech enterprises to explore the opportunities for research and development of the emerging applied technologies.  In addition, cooperation between industrial enterprises and surrounding education institutions is viable in nurturing talent pool, accelerates the teaching quality at schools and enhances the graduate employability,” said Tan Sri Datuk Alex Ooi Kee Liang, the Executive Chairman of Ideal Property Group.

Penang Technology Park@Bertam contains 880 acres of freehold land and will be carried out in 3 phrases. Ground works for its first phase is targeted for completion in 2nd quarter this year.  is situated in close proximity to major sea ports, international airport, railway and highway. For instant, it is located 5km from North-South Highway Bertam; 13km away from the proposed New Kulim Airport; 23km from the Penang Port (Butterworth) and 42km from Penang International Airport.

Penang Technology Park@Bertam is a master plan development aims to nurture Industrial Revolution 5.0. PTP consists of five integrated hubs for medical research, education and incubation, space and cyber technology, innovation and smart initiatives, financial and commercial enterprises, which are key to stimulate the synergies between high-technology industries, government, professional bodies and community. The fundamental components that determines the success of Penang Technology Park@Bertam include the flexible commercial spaces for light and medium industry; robust infrastructure such as airport, road and highways, seaport, railway; power and water supply; high speed internet and communication system.  Other key features include the setup of One Stop Centre (OSC) and Park Management Team.

Penang Technology Park@Bertam will incorporate Environmental Social and Governance component such as utilising solar energy in wide variety of industrial applications, renewal of industrial water and waste management.

Topped with its 24-hours security monitoring system under CCTV surveillance, Penang Technology Park@Bertam boasts a secure and conducive environment for innovation, growth and success.