QEW Group Berhad has signed a Heads of Agreement (HOA) in connection with the proposed Malaysia International Halal & DataTech Park in Bukit Kayu Hitam, Kedah, marking a strategic milestone in the Group’s ambition to develop an integrated economic ecosystem connecting halal industries, technology and global markets.
The HOA was signed by four parties: Invest Kedah Berhad, The Marq International Sdn. Bhd., QEW Group Berhad, and Food Safety Express Information Technology (Shenzhen) Co., Ltd., during the SG4 Business & Economic Forum 2026 at the Kuala Lumpur Convention Centre.
The signing ceremony was witnessed by the four Menteri Besar of the SG4 states: YAB Dato’ Seri Haji Muhammad Sanusi bin Md Nor (Kedah), YAB Dato’ Panglima Perang Ustaz Dato’ Haji Mohd Nassuruddin bin Haji Daud (Kelantan), YAB Dato’ Seri Ir. Dr. Ahmad Samsuri bin Mokhtar (Terengganu), and YAB Tuan Abu Bakar bin Hamzah (Perlis), together with YB Prof. Dr. Haim Hilman bin Abdullah, Kedah State Executive Councillor for Industry and Investment, Higher Education, and Science, Technology & Innovation.
QEW Smart Integrated Industrial Park Sdn. Bhd. (QSIIP) will serve as the Master Developer of the proposed Malaysia International Halal Industrial & DataTech Park within the QEW Smart Integrated Industrial Park development in Bukit Kayu Hitam, Kedah. QSIIP will coordinate the proposed master planning, development framework and project implementation, subject to applicable approvals, financing and definitive arrangements.
The proposed development represents a step towards exploring new opportunities in industrial development and cross-border economic collaboration. With an indicative Gross Development Value (GDV) of up to USD 5 billion, the project reflects the potential scale and long-term aspirations of the proposed development.
For QEW Group, the focus extends beyond development ambition. The Group remains committed to strengthening its financial position, building investor confidence and creating sustainable long-term value for its shareholders and stakeholders. These priorities will be guided by strategic partnerships, financial discipline and effective execution.
Moving forward, QEW Group will focus on project planning, engagement with credible partners, financing considerations and measurable progress. The proposed development remains subject to further assessments, relevant land arrangements, financing, regulatory approvals and definitive agreements. The indicative GDV is not a confirmed investment commitment, financing receipt or realised revenue.
QEW Group believes that long-term value is built through disciplined execution, responsible decision-making and strategic collaboration. The Group remains focused on translating its vision into tangible progress while contributing to Malaysia’s economic growth.
