MTD Nexus 28 Industrial Park Expected To Boost Melaka Economic Development

MELAKA, Nov 23 (Bernama) -- The construction of MTD Nexus 28 Industrial Park, characterised by modern and sophisticated industrial premises, is expected to boost economic development in Melaka, particularly in attracting more investors from outside and within the state.

MTD acting group chief executive officer Reime Rizal Abdul Aziz said the construction of 86 units of modern factories in the strategic location namely Taman Tasik Utama, Ayer Keroh is seen as a potential attraction for investors, considering that the ecosystem of the project is built based on the concept of future business and enterprise.

He said the latest real estate project will develop 46 semi-detached factory units and 40 units of one-and-a-half-storey terrace factories in the mature commercial and residential area of Taman Tasik Utama.

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"Apart from the strategic location, the provision of solar PV installation structures, smart infrastructure systems, and rainwater harvesting systems will also add significant value, as these elements are among the main drivers for investors in searching for premises to conduct their businesses,” he told Bernama here today.

"More importantly, this project does not lag behind in empowering sustainable development, which not only boosts the local and state economy but is also expected to create more job opportunities, especially for the local community."

Earlier he officiated at the pre-launch of MTD Nexus 28 Industrial Park, which was also attended by MTD Properties chief operating officer Dr. Nik Fauzan Nik Faizul, at the MTD Properties sales office and gallery in Taman Tasik Utama, Ayer Keroh here today.

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He said the project, on 2.472 hectares (ha) of land, is expected to be fully completed in by 2027, thereby completing MTD Properties' achievements in the real estate market in Melaka, including the housing project, Phase 23 Cinerea Heights, that has now recorded over 80 per cent of units sold even though the project is still ongoing.

"MTD Nexus 28 is a 'starter kit', however, we believe it will reflect MTD Properties’ creditability in industry-releated premises and we certainly have high hopes that this project will bear fruit for other projects.

"As a property developer that has been operating for three decades, MTD Properties’ focus is certainly not only on physical development but also in line with the state government's development blueprint in building sustainable communities, green technology, and better quality of life, while the projects we undertake are carried out more systematically and meet investors' demands," he added.

Meanwhile, MTD Properties will also continue their social responsibility to the community, especially the residents of Taman Tasik Utama, with a total of 65.761 ha of land provided and developed in collaboration with the local government, including primary and secondary schools, religious schools, mosques, an 8.09-ha green area, recreational parks, and a centralised sewage tank.

-- BERNAMA