Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo, announced today its decision to participate in the Kulim Logistics Hub project in Kedah, Malaysia. This project, with a total floor area of approximately 36,000 m², will be developed in two phases: 22,000 m² in phase 1 and 14,000 m² in phase 2. Mitsui Fudosan has entered into a joint venture agreement with PKT Logistics Group Sdn Bhd, a major logistics company in Malaysia, through its subsidiary Mitsui Fudosan (Asia) Malaysia Sdn. Bhd. This marks Mitsui Fudosan Group’s first involvement in a logistics facility project in Malaysia.
The logistics facility is strategically located along the Butterworth-Kulim Expressway, providing convenient access to Penang Port and Penang International Airport. It is also near Kulim Hi-Tech Park, a hub for semiconductor and automotive-related factories. The project will include amenities such as a cafeteria and fitness center to enhance employee convenience.
