Penang: AmBank Group through AmBank Islamic Berhad (AmBank Islamic) has extended RM222.8 million in financing to Suling Hill Development Sdn Bhd, a joint venture between Northern Industrial Park Sdn Bhd and Majestic Gen Sdn Bhd. The funding will support the development of Northern TechValley @ BKE, a 175.6-acre green-inspired, freehold integrated industrial park in Seberang Perai Tengah.

According to BERNAMA News Agency, this project marks AME Elite Consortium Berhad's strategic expansion into northern Malaysia, bringing its green integrated industrial park concept to the region. Northern TechValley is designed as a next-generation industrial ecosystem with an estimated Gross Development Value of RM1.3 billion.