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BHS to develop GTP project in Pekan

Thursday, 27 October 2016

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PETALING JAYA: BHS Industries Bhd has clarified it will be developing the 26-acre Green Technology Park (GTP) land in Pekan, Pahang in five phases.

The phase 1 has taken off, adding that the company will be building a pulp and paper mill with an annual production capacity of 10,000 tonnes that will be ready for production by the middle of next year.

Phase 2 may involve a factory with a capacity to produce 100,000 tonnes of box liner paper and 120,000 tonnes of corrugated paper.

Another factory with a capacity to produce 65,000 tonnes of tissue paper will be developed under the third phase.

BHS is presently talking to potential investors and once it has succeeded, it will make an announcement to Bursa. Phase 4 consists of a factory to produce agro-feed and organic fertiliser and under phase 5, the land has been earmarked for light industries.

The company plans to build shop lots and also hostels for workers to support and service the manpower needs of the GTP. These are still at the preliminary stage of the planning.

BHS, primarily involved in printing and publishing, earlier this year purchased 375 acres from the Pahang state government for RM9.25mil. The move is part of the strategy to diversify existing core business.

Source by: Internet

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