Yap and Ng shaking hands while holding the signed memorandums accompanied by Chau (left) and Yip (right).

SELANGOR: NCT Group has inked a memorandum of understanding (MoU) with RHB Banking Group. The signing was to give NCT Smart Industrial Park customers access to RHB SME Sustainable Financing Schemes. This strategic partnership underscores a shared commitment to advancing sustainable development while supporting small and medium enterprises (SMEs) in Selangor.

NCT Smart Industrial Park, the first industrial park in Selangor to offer such financing options, has become a pioneer in sustainable industrial development. The partnership provides customers with access to RHB's comprehensive range of green financing solutions, including green energy, green buildings, green products and green processes.

"This partnership with RHB Banking Group is a significant milestone for NCT Group. By providing attractive financing options, we make sustainable industrial property ownership more accessible to SMEs. This aligns perfectly with our mission to create world-class sustainable developments,” said NCT Group founder and group managing director Datuk Seri Yap Ngan Choy.

Key Highlights of the Partnership:

• Up to 90% financing at a competitive interest rate of 3.9% (BLR -2.8%)
• Sustainable financing solutions for green energy, green buildings, green products and green processes
• Alignment with environmental, social and governance (ESG) standards and the United Nations Sustainable Development Goals (SDGs)

"RHB is proud to partner with NCT Group to deliver our green financing solutions to the NCT Smart Industrial Park customers. This collaboration demonstrates our commitment to driving sustainable business practices and empowering businesses to thrive in a sustainable future," said managing director of RHB group community banking Jeffrey Ng Eow Oo.

NCT Smart Industrial Park is designed to comply with ESG standards and features energy-efficient building designs, solar panel installations and advanced waste management systems. The park also provides solar solutions to purchasers, supporting its goal to become a net zero-carbon industrial park by 2050.

Also present during the event were NCT Group chief operating officer  Chau Chun Hoo and RHB SME banking head Yip How Nang.

Several companies from various industries have already benefited from the new financing scheme when purchasing units in NCT Smart Industrial Park. This demonstrates the immediate positive impact of the initiative on the local business community and highlights the park's attractiveness as a strategic location for various industries.

The collaboration between NCT Group and RHB Banking Group marks a significant step forward in NCT's efforts to revolutionise the industrial property sector. By combining sustainable development practices with accessible financing options, NCT Group is driving economic growth and setting new benchmarks for environmental responsibility within the industry.

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