AmBank And Ideal Property Group Collaborate On A Sustainable Industrial Park In Penang

A file photo of AmBank and Ideal Property Group Collaborate On A Sustainable Industrial Park in Penang

AmBank will be offering special financing packages to end-buyers of Penang Technology Park in Bertam. The sustainable industrial park, which is partly financed by AmBank, comes with solar energy specialist services for all factory buildings and incorporates a rainwater and wastewater management system in the 880-acre development.


Christopher Yap, Managing Director, of Business Banking, AmBank Group said, “It is an honour to support this project by Ideal Property Group, as they have an impeccable track record of being one of Penang’s established developers. We are also excited to be the first bank to provide this distinctive end-financing package to Ideal Property Group’s customers as more companies are looking to achieve resource efficiency and adopt sustainable business practices.”

“Ideal Property Group is committed to creating exceptional spaces that meet the needs and exceeds the expectations of our customers. Penang Technology Park@Bertam is a testament to our unwavering commitment to excellence, innovation and sustainability. This partnership with AmBank helps us to achieve our shared goal of driving economy growth and promoting sustainable development in the region,” said Tan Sri Datuk Alex Ooi Kee Liang, Executive Chairman of Ideal Property Group.

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By supporting this sustainable industrial park and offering high Loan-to-Value (LTV) packages to end-buyers, AmBank aligns with its focus on environmental, social and governance (ESG) initiatives and demonstrates its commitment to promoting sustainable development and responsible investment practices.


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