KUALA LUMPUR (Feb 27): In 1989, the late Tun Lim Chong Eu, who was the then Penang chief minister, set into motion a plan that would transform Batu Kawan, one of the most undeveloped areas in Penang.
Formerly an oil palm plantation owned by Batu Kawan Bhd, Batu Kawan covers 6,781 acres. Over time it has grown in prominence as developers and industry players come in to develop the area. The opening of the Sultan Abdul Halim Muadzam Shah Bridge in 2014 helped create further interest in Batu Kawan.
Notable developers in Batu Kawan include Eco World Development Group Bhd, Aspen Group Bhd and Paramount Corp Bhd. Retailers like IKEA and Design Village have set up shop here while medical and education amenities have also been built.
One of the key growth areas in Batu Kawan is its industrial sector. Since the development of the Batu Kawan Industrial Park (BKIP), the area has attracted many international companies. With growing demand, the state government has planned to develop a second industrial park in Nibong Tebal.
Property consultants believe that Batu Kawan will continue to grow, thanks to population growth, the expanding industrial sector, and new property projects in the pipeline.
Read more about it in The Edge Malaysia weekly’s Feb 28 edition.
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