KUALA LUMPUR: NCT Group has entered into four synergistic collaborations to further strengthen its value proposition for the upcoming NCT Smart Industrial Park (NSIP) project.

Founder and group managing director Datuk Sri Yap Ngan Choy said the collaborations were crucial for the company as it focused on creating a strong foundation, in line with its plans for the NSIP development. 

Yap said NCT Group was committed to ensuring that its project thrive on environmentally friendly and sustainable efforts, aligned with the group's philosophy of converging technology in harmony with nature. 

"By doing so, we aim to achieve the Green Real Estate (GreenRE) status for NSIP. 

"To this end, we are always on the lookout for forward-driven partners with an eye for innovation in eco-tech. 

"With the signing of these collaborations, we are confident that NSIP will become a game-changer for tech-led, environmentally sustainable development," he said. 

NCT Group entered into a memorandum of business exploration (MoBE) with AmBank Group and UOB Malaysia to promote sustainable development by offering dedicated financing packages to NCT Group's end-buyers for its upcoming NSIP project. 

These packages include IR 4.0, capex, ESG and working capital.

Meanwhile, a memorandum of understanding (MoU) was signed with the Malaysia-China Chamber of Commerce (MCCC) to leverage on MCCC's forte in attracting investors from China and other Asean countries to invest in NCT's properties and development products under the NSIP project.

NCT Group also signed a letter of business exploration (LBE) with Samaiden Group Bhd (SAMGB). 

The collaboration will see SAMGB construct facilities and installations to provide eco-efficient solutions for NSIP, such as biomass energy with Grid-Connected Biomass power plant systems to generate electricity. 

SAMGB will also look into being able to offer ready built and built-to-suit solar photovoltaic (PV) rooftop systems for NSIP tenants, which will contribute to up to a 30 per cent saving in total energy consumption on a 24-hour operation.

NCT Group's collaboration with UOB Malaysia will provide NSIP's solar power value chain with easy access to financing. 

Through UOB Malaysia's U-Solar programme, the bank can offer end buyers a suite of financial solutions from SSIP's engineering, procurement, construction and commissioning (EPCC) official contractors, SAMGB and Solarvest Holdings Bhd.