- “We hope [to open the second park] by next year, maybe in the middle of the year.”
KUALA LUMPUR (Aug 6): The Selangor state government is exploring developing a second chip design park in Cyberjaya as the newly-opened site in Puchong — also the largest in Southeast Asia — reaches full capacity.
The plan is to develop another integrated circuit design park in Cyberjaya to accommodate more engineers in Selangor, said Selangor Information Technology and Digital Economy Corp (Sidec) chief executive officer Yong Kai Ping.
The IC design park in Puchong, spanning 60,000 sq ft, is now fully occupied with global semiconductor players including MaiStorage, Skyechip, Weeroc, AppAsia ChipsBank and SensoremTek Sdn Bhd.
“We hope [to open the second park] by next year, maybe in the middle of the year,” Yong told The Edge at the opening ceremony of the Puchong park on Tuesday.
He said Sidec has yet to finalise the building for the second IC park in Cyberjaya, which could be similar in size or larger than the Puchong site.
“I'm very confident that with our Puchong IC design park launched and with the rest of the semiconductor ecosystem coming in, Selangor will produce at least 30% to 40% of semiconductor companies,” he added.
Selangor's semiconductor hub not meant to compete with Penang
Yong said the Puchong IC design park is not positioned as a rival to Penang, which is dubbed as the Silicon Valley of Southeast Asia.
Instead, it aims to complement the existing semiconductor ecosystem by providing a platform for companies that focus on areas beyond chip manufacturing.
“We are not competing. In fact we are bringing business to each other. In my opinion, it is good business because we are providing clients for each other and strengthening the semiconductor industry in the region,” said Yong.
Looking to buy a home? Sign up for EdgeProp START and get exclusive rewards and vouchers for ANY home purchase in Malaysia (primary or subsale)!
TOP PICKS BY EDGEPROP
Colonial @ Empire city
Damansara Perdana, Selangor
Taman Widuri, Bukit Beruntung
Hulu Selangor, Selangor
Pangsapuri Beringin, Gombak Permai
Gombak, Selangor
Perdana College Heights
Mantin, Negeri Sembilan
Kiara Court - Nilai Impian
Nilai, Negeri Sembilan