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NCT Group has formed four joint ventures to strengthen its value proposition in the upcoming NCT Smart Industrial Park project (NSIP). The agreements were signed with Samaiden, UOB, AmBank, And the Malaysia-China Chamber of Commerce.
Datuk Sri Yap Ngan Choy, founder and group managing director, said that collaborations are crucial to the company’s success. The company is focused on building a solid foundation in order to support its plans for the NSIP.
Yap stated that NCT Group was committed to ensure its project flourishes on environmentally friendly as well as sustainable efforts. This is aligned with NCT Group’s philosophy of converging technologies in harmony with nature.
NCT Group signed a memorandum on business exploration (MoBE), with AmBank Group as well as UOB Malaysia in order to promote sustainable development. NCT Group offered dedicated financing packages for its upcoming NSIP Project to its end-buyers.
NCT Group signed a letter of business exploration with Samaiden Group Bhd (SAMGB).
SAMGB will explore the possibility of offering ready-built and built-to-suit solar photovoltaic rooftop systems to NSIP tenants. This will result in a 30% reduction in total energy consumption over a 24-hour period.
NCT Group and UOB Malaysia have partnered to provide NSIP with easy financing access.
UOB Malaysia’s U Solar programme allows the bank to offer end customers a range of financial solutions through SSIP’s engineering procurement and construction, official contractors, SAMGB, and Solarvest Holdings Bhd.