Sunday, March 05, 2006

techpark@enstek attracts Health Ministry, Jakim

BT: TECHPARK@enstek has attracted two major investors, namely the Health Ministry and the Malaysian Islamic Development Department (Jakim), with investments worth RM400 million.
The Health Ministry's National Institute of Natural Products, Vaccines and Biologicals (9BIO) will occupy an area of 25.2ha at techpark@enstek.
9BIO will spearhead the research and development for new vaccines for prevalent tropical diseases. It will be the first of its kind in Malaysia.
Meanwhile, Jakim's Halal Complex, that will include Halal Accreditation Centre, will take up 18.4ha at the park. The halal complex is scheduled to be established this year.
It will enhance Jakim's capabilities and infrastructure in developing a global HALAL accreditation and reference hub in Malaysia.
With these sales, techpark@enstek has so far attracted investments both local as well as foreign totalling more than RM500 million.
Launched in 2002, techpark@enstek also houses five other investors namely Stevian Biotechnology Corp, Felda Biotechnology Centre, Tropical Botanics Sdn Bhd, YHI Manufacturing and Eden Enterprises (M) Bhd.
"The affirmation of 9BIO and the Halal Complex reinforce and strengthen techpark@enstek as the preferred biotechnology destination in Malaysia," TH Properties Sdn Bhd chief exexecutive officer Syed Mohamed Ibrahim said in a statement released in Kuala Lumpur.
TH Properties, a wholly- owned subsidiary of Lembaga Tabung Haji, is managing @enstek, which is envisaged to become a world- class technological hub specifically for the biotechnology, advanced manufacturing technology and information communication industries and sub-sectors.
To complement techpark@enstek businesses, a comprehensive logistics facility known as logispark@enstek is currently being established to offer complete logistics support for their operations.
Logistics and freight forwarding companies are being invited to operate within the logistics hub, which will be designated as a free commercial zone.
@enstek is expected to be completed in 2025. Its gross development value is estimated at RM7 billion.

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