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PGF Capital plans RM3bil Integrated Township Near Proton City

Anis

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hicom_3083627_20230403191854.jpg A self-sustaining integrated township project with an estimated RM3 billion gross development value (GDV) near the Automotive High-Tech Valley (AHTV) in Proton City, Tanjong Malim, Perak, has been unveiled by PGF Capital Bhd.

Over a period of 10 to 15 years, the township, which covers 161.87 hectares, seeks to establish a peaceful and sustainable living environment. The all-inclusive development consists of lifestyle communities, such as a retirement and wellness village, plantations for agriculture, aquaculture operations, eco-tourism, and an eco-retreat.

PGF Capital complements Zhejiang Geely Holding Group, China's dominant automotive company, with its RM46.8 billion investment by utilizing AHTV's potential.

A thriving community with integrated infrastructure and amenities is what the master plan aims to create.

030423-drb.jpg


With an estimated GDV of RM600 million, PGF Capital and Malvest Properties Sdn Bhd have inked a joint venture agreement for Phase 1, which will focus on technology integration for sustainable living, such as the use of solar energy, electric vehicles, and AI-enhanced security systems.

The first phase of the development plan is scheduled to begin in 2024, and approval from the state government of Perak is pending. 


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Written By

Anis

Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........

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JPJ Running Numbers

KUALA LUMPUR

VQA3649

SELANGOR

BSK2284

JOHOR

JYL2431

PULAU PINANG

PRV7464

PERAK

APC5615

PAHANG

CFE1736

KEDAH

KGD532

NEGERI SEMBILAN

NEH6159

KOTA KINABALU

SJN6902

KUCHING

QAB5293M

Last updated 17 Nov, 2025

Fuel Price

Petrol

RON 95

RM 2.65

+0.05

RON 97

RM 3.25

+0.05

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 3.07

+0.05

EURO 5 B7

RM 3.27

+0.05

Last updated 13 Nov, 2025

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