AmBank Grants RM222 Million Financing for Northern TechValley @ BKE Industrial Park in Penang

August 1, 2025

Majestic Gen, through its joint venture vehicle Suling Hill Development Sdn Bhd with AME Elite Consortium Berhad, has secured RM222 million in financing from AmBank Group for the development of Northern TechValley @ BKE, a flagship green certified industrial park set to elevate northern Penang’s position in the regional industrial landscape. Spanning 176 acres of prime freehold land in Suling Hill, Seberang Perai Tengah, this next generation development is designed to empower high value sectors including advanced manufacturing, precision engineering, and integrated logistics. With a projected Gross Development Value of RM1.3 billion, Northern TechValley @ BKE is a strategic launchpad for businesses seeking scale, speed, and sustainability.

 

Purpose built for operational excellence, the development features high specification infrastructure and a planned flyover that will link directly to the Butterworth Kulim Expressway, unlocking seamless access to Penang Island, Kedah, and key regional trade routes. Certified by GreenRE for both master planning and architectural design, the project is fully aligned with Malaysia’s national ESG ambitions and international green investment standards. It offers not only environmental credibility but long term asset value in an increasingly climate conscious global economy.

 

For full details on this strategic financing milestone and learn how this collaboration is unlocking long-term value and powering the next wave of industrial growth in northern Malaysia at AmBank Newsroom – RM222 Million Financing for Northern TechValley @ BKE