The Penang Technology Park @ Bertam (PTP Bertam) is an 880-acre freehold industrial park by Ideal Property Group with a GDV of RM4.2 billion, strategically located near Penang Port, Penang International Airport, and the proposed Kulim Airport. Designed as a high-technology and ESG-focused hub, it offers industrial land, build-to-lease factories, and innovation clusters for R&D, medical, and cyber technology. The project has secured major international investors, including INV New Material Technology’s RM6.4 billion facility, and is expected to create about 30,000 jobs supported by nearby universities and training institutes. With strong Phase One uptake and sustainable infrastructure, PTP Bertam is set to become a key growth driver for northern Penang.
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