KUALA LUMPUR: Sime Darby Property Bhd has unveiled the Vision Business Park (VBP), a 760-acre integrated industrial development located within the Malaysia Vision Valley 2.0 (MVV2.0) growth corridor in Negeri Sembilan, with an estimated gross development value (GDV) of RM2.4 billion.
Launched on Friday, the project is expected to generate approximately 15,000 job opportunities, supporting the state’s long-term economic transformation efforts.
Designed with an 80:20 industrial-to-commercial land-use ratio, VBP comprises 623 acres allocated for industrial use and 137 acres for commercial activities. The development includes ready-built factories, industrial plots, shop offices, and R&D centres, complemented by shared amenities such as centralised labour quarters and heavy vehicle parking.
Speaking at the launch, Sime Darby Property Group Managing Director and CEO, Datuk Seri Azmir Merican, said VBP marks a pivotal step in the group’s industrial strategy.
“VBP is a key step in our commitment to industrial development, supporting Negeri Sembilan’s economic transformation. As a future-ready industrial hub, it will attract businesses, create jobs, and strengthen the state’s position as an industrial growth centre,” he said.
The project benefits from direct access to the Nilai-Labu-Enstek Road, offering strategic connectivity to the Nilai Inland Port, Kuala Lumpur International Airport (KLIA) and the North-South Expressway, making it an attractive proposition for companies in logistics, warehousing, and manufacturing.
Sime Darby Property, which has already developed over 6,000 acres in Negeri Sembilan, is now expanding its footprint in southern Nilai with a strong focus on industrial and integrated developments.
The launch was attended by Negeri Sembilan Menteri Besar, Datuk Seri Aminuddin Harun, along with key state officials and senior representatives from Sime Darby Property.
Shares in Sime Darby Property closed two sen or 1.7% higher at RM1.22 on Friday, giving the group a market capitalisation of RM8.3 billion.–THE EDGE
