SEREMBAN, Matrix Concepts Holdings Bhd has signed a memorandum of understanding (MoU) with logistics solutions provider Golog Holdings Sdn Bhd to jointly develop the China-Malaysia Air Silk Road Dual Hub Industrial Park at MVV TechValley in Negeri Sembilan.
Spanning 618 acres, the industrial park will be developed in three phases with a total estimated gross development value (GDV) of RM8 billion. The formal joint venture agreement is expected to be concluded within six months, with construction targeted to begin within 24 months thereafter.
(From left) Matrix Concepts Holdings Bhd founder and group executive deputy chairman Datuk Seri Lee Tian Hock, chairman Datuk Mohamad Haslah Mohamad Amin, group executive director Kelvin Lee, Golog Holdings Sdn Bhd executive chairman and group CEO Ivan Chin, Negeri Sembilan industry and non-Muslim affairs committee chairman Teo Kok Seong and Golog Holdings group chief operating officer Daniel Then at the MOU signing ceremony on Oct 8 in Negeri Sembilan.
The first phase will feature a 106-acre logistics hub, incorporating Golog’s artificial intelligence (AI) and Internet of Things (IoT) technologies to enhance temperature-controlled logistics, real-time tracking, and global trade efficiency.
This collaboration follows Golog’s recent strategic cooperation agreements with China Henan Aviation Group Co Ltd and Sichuan Huashi Group Corporation Ltd to strengthen the development of the China-Malaysia Air Silk Road Dual Hub Industrial Park and improve air cargo connectivity between the two countries.
Matrix Concepts group executive director Kelvin Lee said Golog’s participation will strengthen MVV TechValley’s position as a hub for high-value industries and innovation. “This partnership demonstrates how international collaboration can complement Malaysia’s vision. It unites the strengths of multiple nations and firmly positions Negeri Sembilan — through MVV TechValley — on the regional logistics map,” he said.
MVV TechValley, covering 1,000 acres, forms part of the 2,382-acre MVV City Phase 1 township, which is itself a key component of the broader 379,087-acre Malaysia Vision Valley 2.0 (MVV 2.0) economic corridor encompassing Seremban, Nilai, and Port Dickson.
Matrix Concepts is jointly developing MVV City Phase 1 with the Negeri Sembilan state government’s NS Corp. With a GDV of RM15 billion and a 12-year development timeline, Matrix holds an 85% stake in the project and serves as the lead developer.
