PROPERTY & LOGISTIC
SERVICE DIVISION
TPM TECHNOPARK SDN BHD
TPM Technopark Sdn. Bhd. (TPM) is JCorp’s wholly own subsidiary with core business of project management of various property developments and marketing agent for industrial estates owned by Johor Corporation.
For the year 2010, TPM Technopark Sdn. Bhd. has sold 122.3 hectares of JCorp’s industrial land worth RM176.3 million. The sale of industrial land in 2010 had increased compared to the same period in 2009 because of investors’ confidence towards JCorp’s industrial land and impact of the initial recovery of world economy.
As a marketing agent for JCorp, TPM is constantly involved in trade missions to lure more investment from abroad and to introduce Johor as the preferred location for investment. Various marketing strategies and techniques were employed, both through the direct approach to woo potential investors, as well as indirectly through participating in exhibitions, trade dialogues sessions and investment missions, advertisements and seminars including those organized by MIDA, MITI and Johor State Government. Johor’s strategic advantage in being the only location in Malaysia able to offer access to the best of both Malaysia and Singapore combined were fully leveraged upon.
Furthermore, the ready infrastructure in our Industrial areas of Pasir Gudang and Tanjung Langsat, and especially the formidable presence of a dedicated industrial port at Tanjung Langsat, has always presented an attractive proposition to potential investors both domestic and foreign.
Currently TPM Technopark Sdn. Bhd. is developing Sedenak Industrial Park with total land area of 283.3 hectares. The company is in the process to equip the area with industrial Infrastructures. It is expected to play a significant role due to its strategic location in Iskandar Malaysia.
Besides sale of Industrial Land, TPM also acts as project manager for numerous JCorp Group projects among others including the upgrading and reconstruction of Tun Abdul Razak Complex (KOMTAR), the construction of Academy JCorp in Ulu Tiram and the development of Paramount International College in Bandar Dato’ Onn, Johor Bahru. TPM is currently managing projects worth RM265 million.
Apart from that, other projects undertaken by TPM Technopark Sdn. Bhd. include the development of religious schools for Jabatan Agama Islam Johor. Currently TPM Technopark Sdn. Bhd. is in the process to complete 2 secondary religious schools projects worth RM3.4 million.
Until December, 2010, TPM Technopark Sdn. Bhd. has completed 22 projects worth RM121.7 million. Amongst the major projects that have been completed are dredging work at Tanjung Langsat Port, multi purpose hall in Taman K ota Masai & K ampung K opok and three religious schools in K ota Tinggi, Batu Pahat and Kulai.