KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has launched Ipoh Raya Integrated Park, a first-of-its-kind bespoke six-phased sustainable integrated logistics park in Perak.

This one-stop integrated development, envisioned by MRCB, will be led by its property division, MRCB Land.

The launch of the integrated park marks MRCB's first foray into the industrial and logistics market, diversifying it away from its focus on green high-rise commercial and residential transit-oriented developments, it said.

MRCB Land chairman Tan Sri Mohd Annuar Zaini said the Ipoh Raya Integrated Park would lay the groundwork for the company's entry into industrial and logistics development.

"The development of an integrated park and our tie-in with strategic partners is also in line with our policy of supporting Bumiputera companies and providing an avenue for upcoming technology companies to hone their skills and offerings," said Annuar.

Annuar said the Ipoh Raya Integrated Park would consist of six phases with several key development areas.

"This includes an agro-based industrial hub, a logistics hub, managed parks 1, 2, and 3, accommodation facilities, and technical and vocational education and training facilities.

"Phase 1 of the integrated park, which is the development of the logistics hub, is slated for completion in 2028," he said.

The Ipoh Raya Integrated Park is an 832.38 acre, modern, strategically located bespoke development that will incorporate sustainability requirements that are rapidly becoming standard pre-requisites of multinational corporations today.

The development is situated 14 kilometres (km) south of the City of Ipoh along the major national highway of the North-South Expressway and adjacent to the East-West Highway.

Ipoh Raya Integrated Park focuses on integrating comprehensive infrastructure to develop a conducive and inclusive working and living environment for the workforce.

According to MRCB, this integrated development will positively impact the local economy and is projected to create approximately 15,000 new employment opportunities in the area.

With its strategic location, excellent accessibility and well-integrated eco-system, MRCB said the Ipoh Raya Integrated Park would strengthen the regional industrial corridor, providing investors with an efficient and effective environment for industrial and logistic operations.

"The energy-efficient integrated logistics park will incorporate environmental sustainability practices, including the Green Building Index (GBI) certified structures, green streets, and an activated Central Park.

"In addition to this, innovative solutions, including the adoption of Industrial 4.0, 5G enabled Internet of Things (IoT), and smart factory systems will be introduced," it added.