Malaysia-based KLK Land, a wholly owned subsidiary of Kuala Lumpur Kepong Berhad (KLK), has launched KLK TechPark, a 1,500-acre integrated industrial hub in Tanjong Malim.

The firm said in a statement on Friday the development is projected to generate a gross development value of MYR 3.5 billion ($830 million) over the next ten years.

Phase 1 will see the Chinese automaker BYD as the anchor investor with a 150-acre facility with infrastructure works targeted for completion by end-2026.

Phase 2, set to be launched by end of 2025 will feature a 200-acre vendor park for automotive and manufacturing players.

Strategically located in close proximity to the Automotive High-Tech Valley (AHTV), KLK TechPark spans 1,300 acres for industrial growth and 200 acres for residential support, to be developed in phases from 2025 to 2035.

With direct access to the North-South Expressway and only minutes from Tanjong Malim town and the Behrang toll, the park will offer build-to-suit solutions, industrial plots and ready-built factories supported by essential infrastructure and connectivity.

According to the statement, KLK TechPark is expected to make a meaningful contribution to Perak’s gross domestic product (GDP), create thousands of new jobs for local communities and build an integrated supply chain ecosystem.

This ecosystem will not only support the automotive sector but also bring benefits to related industries such as logistics, engineering services and high-tech manufacturing.

“For Perak, KLK TechPark supports AHTV’s aspiration to transform Tanjong Malim into a global hub for automotive and advanced technology, anchored on new energy vehicles and backed by a complete ecosystem of manufacturing, research and development (R&D), supply chains and talent,

“As a national flagship, AHTV is set to attract high-value investments, spur growth, and strengthen the state’s role in Malaysia’s economic development,” said Saarani bin Mohamad, the Chief Minister of Perak.

He also said KLK TechPark, alongside BYD’s investment, marks an early step in this vision and reflects growing international confidence in Tanjong Malim’s potential.

The statement highlighted that the Perak state government has played a key role in bringing together the various parties to make this vision possible, and KLK TechPark reflects KLK LAND’s long-term commitment to supporting the state’s industrialization plans.

Lee Oi Hian, Executive Chairman of KLK, said that KLK TechPark is envisioned as a platform to support Perak’s economic and industrial aspirations.

“With the state government’s facilitation and BYD’s role as anchor investor, we believe it will help create opportunities for businesses and communities while building an ecosystem that is sustainable and competitive in the long term,” he added.

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