The agreement sets out the framework for negotiations and discussions between the parties to establish the detailed terms and conditions about the contractor's performance in design, engineering, procurement, manufacture, supply, construction, erection, testing and commissioning of the electric generation facility.
The JV company — known as JTN Logistics Park Sdn Bhd — will undertake the acquisition of the 300-acre land, plus the development and management of the industrial park.
BCorp said the project is expected to be developed over a period of four years and funded by bank borrowings and internal funds.
The “highly anticipated luxury co-working and event space’s modern and trendy interior” will be “designed, built and managed by Colony with Sunsuria overseeing as a stakeholder”.
The year is almost out as 2023 gets ready to take its place.
“The emergence of well-planned and professionally managed industrial parks shows the transitional shift toward a new generation of industrial developments with an emphasis on ESG attributes and advanced technology adoption.
DONE DEAL: Condominium, Sunway Palazzio, Taman Sri Hartamas, Kuala Lumpur DONE DEAL: Terraced house, Kuala Terengganu, Terengganu The bungalow is strategically located in the exclusive and affluent neighbourhood of Kota Damansara, with an unobstructed nature and forest view.
From the hectic rat race to the inescapable crawling traffic amid the concrete jungle – city life tends to leave you drained and longing for the next getaway in the great outdoors.
In 2022, BNM raised the OPR four times at 25bps each, which upped the OPR level from its record low of 1.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
