Kim Teck Cheong Consolidated Berhad (KTC), a major distributor of fast-moving consumer goods (FMCG) in East Malaysia, has acquired a 15-acre site in the Kota Kinabalu Industrial Park (KKIP) for the development of its largest integrated hub to date. The new facility, located in the state of Sabah, valued at around MYR 40 million (USD 21 million), will house operations, logistics, and manufacturing functions under one roof.
The investment is expected to expand KTC’s operational footprint by 40%, while propelling revenues by up to 50%, with annual turnover projected to reach between MYR 1.5 billion (USD 320 million) and MYR 1.6 billion (USD 340 million). The new KTC Industrial Park will serve as a key logistics and distribution hub, enabling the company to better serve markets across Sabah, Sarawak, Brunei, and Indonesia. Located in a high-growth industrial corridor, the development is designed to support KTC’s long-term expansion strategy. The company aims to streamline supply chain operations, enhance efficiency, and strengthen its position in both existing and emerging markets throughout the region. Construction is expected to begin soon, with a total investment of MYR 100 million (USD 26 million), and the creation of up to 500 new jobs, prioritizing employment for underserved communities in line with national development goals.
In addition to its Sabah expansion, KTC has also approved an additional MYR 10 million (USD 2 million) investment in Sarawak, contributing to an anticipated 50% overall revenue growth across East Malaysia over the next two to three years. The company, listed on the Main Market of Bursa Malaysia, currently employs over 2,000 staff throughout Sabah, Sarawak, Brunei, and Peninsular Malaysia. With this new industrial park, KTC continues to position itself as a key player in East Malaysia’s FMCG supply chain, while supporting regional economic development and long-term value creation.
(Sources: Borneo Post; New Straits Times)
