(From left) Paragon Globe senior general manager Tan Hui Boon, group executive director Datuk Seri Godwin Tan Pei Poh, Pekan Nenas assemblyman Tan Eng Meng, Paragon Globe executive chairman Datuk Seri Edwin Tan Pei Seng and general manager Tang Pei Hau (Photo by Paragon Globe Bhd)

KUALA LUMPUR (April 22): Paragon Globe Bhd broke ground for the Pekan Sentral Phase 3 and Pekan Nenas Industrial Park Phase 5 in Pekan Nenas, Johor on April 19. The final phases have a combined gross development value of RM92 million and slated for completion by 2026.

According to a press statement, Pekan Sentral is the commercial component of Pekan Nenas Industrial Park, an on-going project developed by Paragon Bizhub — the wholly owned subsidiary of Paragon Globe.

The phase 3 of Pekan Sentral comprises 48 units of two- and three-storey shop offices with built-ups ranging from 2,926 to 5,815 sq ft. Phases 1 and 2, which were completed in 2019 and 2022 respectively, have attracted business brands such as FamilyMart, Watsons, CU Mart, Zus Coffee, Marrybrown, Pizza Hut, 99 Speedmart and Young Kingdoms Kindergarten.

Meanwhile, Phase 5 of Pekan Nenas Industrial Park comprises four units of single-storey detached factories with built-ups ranging from 20,843 to 28,808 sq ft. At the same time, the developer is also providing design and build services to construct two factories for Shimano Components (Malaysia) Sdn Bhd, a subsidiary of the Japanese multinational manufacturing company, in Pekan Nenas Industrial Park.

“Today's groundbreaking is a significant step towards creating a lively business environment that benefits both investors and the local community. Pekan Sentral Phase 3 and Pekan Nenas Industrial Park Phase 5 showed our commitment to establish a vibrant and expanding business ecosystem for the local communities as it will create job and business opportunities for both youth and local entrepreneurs, fostering economic growth and enhancing community prosperity,” said Paragon Globe group executive director Datuk Seri Godwin Tan Pei Poh in the press statement.

The company is also looking to roll out a workers' hostel project that features four blocks of five-storey walk-up buildings, providing accommodations for up to 3,600 workers in Pekan Nenas.