NCT Alliance hands over Phase 1 of NCT Smart Industrial Park, launches KM2 in Selangor
NCT Alliance Bhd has started handing over vacant possession for the first phase of its NCT Smart Industrial Park in South Selangor, and launched the 241-unit KM2 component of Phase 2. Phase 1 comprises 280 solar-equipped industrial units with nearly 90% take-up, making NSIP the first development und
PETALING JAYA (Sept 8): NCT Alliance Bhd has begun handing over vacant possession (VP) for the first phase of its NCT Smart Industrial Park (NSIP) in South Selangor, while launching the 241-unit KM2 component of Phase 2.
In an event today, the property developer said Phase 1 comprises 280 solar-equipped industrial units and has achieved a take-up rate of close to 90 per cent. NCT Alliance said the handover makes NSIP the first development under the Integrated Development Region in South Selangor (IDRISS) to reach the VP stage.
NCT Alliance said NSIP's current master plan spans about 910 acres across six phases, with a total gross development value (GDV) of RM10.2 billion. NCT had previously described NSIP as a 732-acre development across five phases. In May, the group entered into an agreement to acquire an 80 per cent stake in a company owning 176.71 acres of adjoining industrial land that it said would be integrated into NSIP's master plan.
KM2, which forms part of Phase 2, will comprise detached, semidee, cluster and terrace factories, as well as industrial land parcels, with larger manufacturing and industrial spaces intended to accommodate a broader range of businesses.
Speaking at the NSIP Milestone Event on Tuesday, Selangor Menteri Besar Datuk Seri Amirudin Shari said the state hopes to see an announcement this year on the planned third Port Klang terminal at Carey Island. The federal government has approved the Carey Island project. Amirudin said in July that Selangor was targeting a groundbreaking as early as September, subject to the Transport Ministry issuing the port licence.
NCT Alliance executive chairman and group managing director Datuk Seri Yap Ngan Choy said demand for industrial and logistics infrastructure continued to grow, with Selangor benefitting from its location and state-backed incentives. NCT broke ground on Phase 2 in November 2025, when the company said the phase had an estimated GDV of RM2.5 billion and was scheduled for completion in 2029.
NCT Alliance also exchanged memoranda of collaboration with SIRIM Bhd and the Malaysia Digital Economy Corporation (MDEC) at Tuesday's event, aimed at giving businesses within NSIP access to certification services and support for adopting digital solutions. The event also marked the handover of works associated with Jalan Langat Lestari by NCT Building & Civil Engineering Sdn Bhd to the relevant state authorities, completed ahead of schedule.
