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Wednesday, February 15, 2012

KYM, Perak in land reclaimation pact

PECOH Industrial Development Sdn Bhd (PIDSB) today entered into a Joint Development Agreement (JDA) with the Perak State Development Corporation (PKNP) to reclaim 1,360 hectares of land in Bagan Datoh.

In announcing this, KYM Holdings Bhd said the project is part of the Perak Eco Industrial Hub (PECOH).

Bagan Dato has been identified as an area to initiate projects in PECOH due to its strategic location, and the Perak state government is setting up a heavy industrial zone in its efforts to promote industrial development in the state.

PECOH is a subsidiary of PEIH Holdings Sdn Bhd, which in turn is an associated company of KYM.

By Bernama

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