07 December 2025
SD Guthrie and Kulim Technology Park Corporation Sign MOU to Explore Industrial Park Development in Kedah
Petaling Jaya, 7 December 2025 – SD Guthrie Berhad and Kulim Technology Park Corporation Sdn Bhd (KTPC) signed a Memorandum of Understanding (MOU) today to explore a strategic collaboration for the development of an industrial park in Kulim, Kedah.
Under the MOU, both parties will jointly assess the potential development of up to 1,000 acres within Guthrie’s Bukit Selarong Estate, which spans approximately 6,357 acres and is located in the Kulim Industrial Corridor (KIC). The proposed collaboration aims to leverage Guthrie’s land resources and KTPC’s expertise in industrial park management, to support Kedah’s economic growth and Malaysia’s industrial ambitions.
A clear impetus for this collaboration is the area’s proximity to Kulim Hi-Tech Park (KHTP) that was developed by KTPC, which is wholly owned by Perbadanan Kemajuan Negeri Kedah. The existing infrastructure supporting KHTP offers leverage for future development and expansion. KHTP is a leading technology and industrial hub in northern Peninsular Malaysia, attracting global players in semiconductors, advanced manufacturing, as well as renewable energy, and forms part of the Northern Corridor Economic Region (NCER).
Tan Sri Dr Nik Norzrul Thani Nik Hassan Thani, Chairman of Guthrie said that this MOU represents a significant step toward the establishment of a strategic relationship between Guthrie and the state. By leveraging our land resources and KTPC’s proven expertise, we hope to drive transformation and growth in Kedah, while strengthening Malaysia’s position as a world-class economic and technology hub.
“After our joint ventures in Negeri Sembilan, where NS Corporation is one of the partners, and in Johor where Permodalan Darul Ta’zim Sdn Bhd is a partner from the state, we are happy to sign this MOU where KTPC, together with Malaysian Investment Development Authority (MIDA) play an integral role in Kedah’s industrial development. Through this initiative, we hope to gain invaluable experience in large-scale industrial development while advancing our commitment to sustainability and innovation,” he added.
The partnership will focus on key areas including land acquisition and development, infrastructure planning, regulatory compliance, financial structuring, and the integration of sustainable and smart technologies. This initiative reflects Guthrie’s commitment to creating long-term value for stakeholders.
The MOU is effective for six months and provides a framework for further negotiations towards a definitive agreement.The event which was held at Wisma Darul Aman, Alor Setar, Kedah was attended by the Kedah Menteri Besar, YAB Dato’ Seri Haji Muhammad Sanusi bin Md Nor.
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19 November 2025