Kulim Technology Park Corp (KTPC) group chief executive officer Datuk Ahmad Shukri Tajuddin said the federal government had earlier this year allocated RM145 million for the fourth phase of the science park, which covers 156ha.
AHMAD SHUKRI: A more concerted skills development centre at the park is being worked out
"A fifth phase covering 422ha was also announced with a RM265 million allocation," he told Business Times.
Ahmad Shukri said the park's third phase - which covers 172ha - can accommodate another five new tenants and then it will be full.
He said the ELC International School is scheduled to begin in September and teachers and staff are currently being shortlisted.
"Construction work on a two-to three-star category hotel, boasting 100 rooms, is expected to take off by the end of this year with development costs tagged at RM40 million," Ahmad Shukri said, adding the proposed hotel project will be carried out by Alor Star-based property developer MBAS Jaya Sdn Bhd.
The proposed hotel will take around one-and-a-half years to be completed.
Also on the drawing board is a 200-room new hotel.
Meanwhile, a RM5 million two-storey hostel is also being planned in Phase 4 of the park.
The 31-bedroom hostel, for which construction will begin by the end of this year, will be managed by KTPC, which oversees the management of the park.
Ahmad Shukri also said that plans are afoot to meet the human resource needs of the park's tenants.
"A more concerted skills development centre at the park is being worked out with the cooperation of the Northern Corridor Implementation Agency and the Kedah Industrial Skills and Management Development Centre," he added.
By New Straits Times (by Marina Emmanuel)
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