• The collaboration will have customers of NCT Smart Industrial Park enjoy up to 90% financing with an interest rate of 3.9%. The collaboration marks the first time an industrial park in Selangor offers customers access to RHB’s range of green financing schemes.

KUALA LUMPUR (Sept 26): NCT Group of Companies (NCT Group) has inked a memorandum of understanding with RHB Banking Group to provide RHB SME Sustainable Financing Schemes to purchasers of NCT Group’s NCT Smart Industrial Park in Sepang, Selangor.

“This partnership with RHB Banking Group is a significant milestone in our ongoing commitment to sustainable development. As the first industrial park in Selangor to enter such an agreement, we are pioneering a new standard for green financing in the industrial sector," said NCT Group founder and group managing director Datuk Seri Yap Ngan Choy in a press statement on Thursday.

According to the statement, the collaboration will have customers of NCT Smart Industrial Park enjoy up to 90% financing with an interest rate of 3.9%. The collaboration marks the first time an industrial park in Selangor offers customers access to RHB’s range of green financing schemes.

“RHB is proud to be the pioneering bank with NCT Group to deliver our comprehensive suite of green financing solutions to the NCT Smart Industrial Park customers. This collaboration not only provides businesses with access to a wide array of green financing solutions such as Green Energy Green Buildings, Green Products and Green Process, but also exemplifies our unwavering commitment to driving sustainable business practices across the industry,” added RHB managing director of group community banking Jeffrey Ng Eow Oo.

NCT Smart Industrial Park is a GreenRE-certified development with features incorporated such as energy-efficient building designs, solar panel installations and advanced waste management systems as well as offering solar solutions to purchasers of the project. Through these features, it aims to reduce the carbon footprints of businesses that are operating in the park and to become a net-zero carbon industrial park by 2050.

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