Parkwood Developments is a wholly-owned subsidiary of Amalgamated Industrial Steel Berhad (AISB) - a public listed company in Malaysia (Bursa Malaysia). The latter is owned by a Malaysian conglomerate LGB Group, which specializes in the water management, solid waste management, engineering construction, highway management, property investment and development sector; while being renowned for its comprehensive and integrated spectrum of services, technological expertise and wealth of experience not only in Malaysia but across South-East Asia as well as in the United Kingdom. Its property arm, Bellworth Developments, reflects a reputation of absolute integrity at every level from its inception. This has been showcased in the completed Menara LGB and The Greens, TTDI; and will continue to be realised in upcoming lifestyle-focused projects including Bellworth Saujana, Bellworth Melaka and Lancer Square in London.
With such rich experience coupled by sheer dedication and passion, Parkwood Developments prides itself on seeing opportunities where others do not. Its strict acquisition criteria set a guideline of never compromising on quality of location and access to amenities. Its vision therefore is to deliver well-considered designs via a measured approach while aiming to contribute positively to the environment and the surrounding community. Now, Parkwood proudly unveils its maiden project, Avant Industrial Park.
A V A N T I N D U S T R I A L P A R K, A P R E M I E R P A R K W O O D P R O J E C T
Avant Industrial Park arrives as Parkwood’s premier development, passionately designed while challenging the industry standards. It is with such profound understanding this industrial space has been crafted to bring a strong sense of flexibility and practicality. Avant embodies more than just its specifications. Besides its comprehensive offerings and innovative features, this address instills nothing but prestige thanks to its placement amidst big industry names, while its versatile spaces ensure a diverse business network in the area.
Sultan Abdul Aziz Shah Airport
KLIA & KLIA2
Lebuhraya Persekutuan (Federal Highway)
Lebuhraya Kemuning-Shah Alam (LKSA)
Lebuhraya Damansara-Puchong (LDP)
Lebuhraya Utara-Selatan Hubungan Tengah (ELITE)
North Klang Valley Expressway
Kuala Lumpur City
At Avant Industrial Park, you can truly have a fully customizable space with a built-up up to 150,000 sf. It is set to host virtually any business of all phases.
For foreign investments, the Malaysian government, Malaysian Investment Development Authority (MIDA), offers a wide range of incentive schemes to encourage the growth of competitivenes in the private sector. Eligbility includes manufacturing, strategic projects, high technology, logistics such as warehousing, transportation services, freight forwarding, Integrated Logistic Services (ILS) and International Integrated Logistics Services (IILS)
There are 2 major tax incentives:
• 5 years pioneer status and tax exemption at 70% of statutory income.
• An alternative to Pioneer Status.
• 60% ITA on qualifying expenditure incurred within 5 years.
• Can be off-set against 70% statutory income.
• For IPCs and RDCs, full tax exemption for 10 years.