An artist’s impression showcasing a warehouse at IOI Industrial Park.
KUALA LUMPUR: IOI Properties Group Bhd (IOIPG) has launched the IOI Industrial Park series, a strategic move designed to consolidate its industrial offerings and establish the segment as a key revenue contributor in the coming years. This series encompasses three industrial parks, namely IOI Industrial Park @ Banting in Selangor, IOI Industrial Park @ Iskandar Malaysia in Johor and upcoming plans for Melaka.
The launch coincides with the rebranding and expansion of iSynergy @ Kulai from 507 acres to 1,100 acres. This move reflects IOIPG's commitment to aligning with Malaysia's ambitious target of achieving at least 10% annual growth in approved investments.
"Our sizable and strategic landbank positions the IOI Industrial Park series perfectly to capitalise on Malaysia's value proposition. This includes a strategic location, skilled workforce and well-developed infrastructure, making us an attractive option for investors seeking a dynamic industrial hub,” said IOIPG group chief operating officer Teh Chin Guan.
Following the complete sell-out of its first phase, IOI Industrial Park @ Iskandar Malaysia has been significantly expanded to 1,100 acres by rezoning part of IOIPG's existing land bank in Johor. The second phase, launching with an estimated gross development value of RM800mil, will offer 200 acres of semi-detached and build-to-suit factories alongside land parcels.
This strategic location in Kulai boasts excellent connectivity to major land, air and sea terminals. Investors benefit from proximity to Senai International Airport, major ports like Tanjung Pelepas and Pasir Gudang, and easy access to the North-South Expressway and other key highways.
The park offers a secure environment with freehold titles and enjoys faster start-up times for investors through the Kulai Fast Lane initiative. This initiative streamlines the approval process, allowing for earlier commencement of operations.
The 1,100-acre park caters to a diverse range of industries, from regional multinational corporations to local players seeking a well-planned and integrated industrial environment. Sectors such as electrical & electronics, pharmaceuticals, logistics and cold chain logistics are all well-suited for this location.
IOI Industrial Park @ Iskandar Malaysia also benefits from its proximity to IOIPG's flagship township, Bandar Putra Kulai. This established community offers a ready workforce, mature amenities, and a vibrant lifestyle for employees.
The IOI Industrial Park series extends to Central Malaysia with the introduction of IOI Industrial Park @ Banting. This 322-acre development boasts an estimated total GDV exceeding RM1.5bil and features 53 clusters, semi-detached and bungalow factory units in its first phase, alongside land parcels for sale. The launch is projected for Q2 2025.
Strategically located within the Banting industrial zone, the park offers proximity to Kuala Lumpur International Airport (KLIA) and Port Klang. Excellent connectivity is further enhanced by its location along the Banting-KLIA Highway and upcoming access to the West Coast Expressway. This provides unparalleled access to air and sea terminals, the inner Klang Valley and major highways.
Operators benefit from high-voltage power lines flanking the industrial park, ideal for data centres and other high-power users. The master plan incorporates a centralised labour quarter, a secure perimeter with 24/7 CCTV and 5G infrastructure readiness, ensuring a future-proof environment.
IOI Industrial Park @ Banting caters to light and medium industries that require excellent air and seaport connectivity, high power loads, and good visibility. This includes electrical & electronics, plastics & packaging, machinery, chemical warehousing and logistics players.
Rounding out the IOI Industrial Park series is IOIPG's exploration of a 200-acre industrial park near the Ayer Keroh toll on the North-South Expressway in Melaka. This move aligns with rising investor interest in the state's industrial sector and will strengthen IOIPG's national presence.
The IOI Industrial Park series is a testament to IOIPG's commitment to strategic development. With its focus on prime locations, connectivity, and well-thought-out master planning, the series is poised to become a major revenue driver for the company and a leading destination for industrial investors in Malaysia.
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