The construction of the Bandar Cassia Technology Park (BCTP) is on track, with full completion expected by 2026, according to Penang Chief Minister Chow Kon Yeow. Chow, who is also the chairman of the Penang Development Corporation (PDC), revealed that the project, which began in 2022, spans 303 acres of industrial land and involves comprehensive earthworks and infrastructure development.

Divided into five phases, the industrial park is designed to meet the needs of both local and international investors. Phase 1A covers 60 acres, while Phase 1B spans 57.27 acres, followed by Phases 2, 3, 4, and 5, which together will complete the project. So far, 144 acres have been completed, with construction ongoing for the remaining 159 acres, which includes essential infrastructure such as road works, a sewerage treatment plant, and electrical systems.

Two investors have already begun building their manufacturing facilities within the park, reflecting the growing interest in the site. Chow emphasized the importance of attracting companies that adhere to Environmental, Social, and Governance (ESG) principles, particularly in the green and high-tech sectors.

“We are focused on drawing investors who align with these principles, ensuring that BCTP becomes a hub for sustainable and high-tech industries,” Chow said during a site visit.

PDC chief executive officer Datuk Aziz Bakar, who was also present, reiterated the importance of this project in driving Penang’s industrial growth and enhancing its global competitiveness.