Eco World forms tie-up with PowerChina Group

TheStar Sat, Jun 15, 2019 10:50am - 4 years View Original


KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld Malaysia) will form a partnership with China’s state-owned construction company PowerChina Group to jointly develop 117.35 acres of industrial land.

The land, located at Puncak Alam, Shah Alam, has an estimated gross development value of RM850mil and the project will be named Eco Business Park V, Phase 2.

“Puncak Alam is well located for this project because it is near the Latar Expressway and the upcoming West Coast Expressway. There is a good population catch and there are a lot of existing industrial areas which are old and matured.

“It would be easier to find workers. It will also give us the opportunity to build up employment in the suburban areas,” EcoWorld Malaysia executive director, president and CEO Datuk Chang Khim Wah said at a briefing after the signing of the partnership agreement.

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