INTRODUCTION TO WAREHOUSING COMPLEX @ DIS3PLEX FREE COMMERCIAL ZONE

This project was built under a joint venture between the Penang Development Corporation and Dynaview Sdn Bhd, a subsidiary company of Heng Lee Group. Penang Development Corporation is the premier socio-economic development agency for the State of Penang, Malaysia while Heng Lee Group is a private local company with interests in property development and management, warehousing and education.

The warehousing complex was planned to complement Malaysia Airports Holding Berhad’s expansion programme of the cargo handling facilities at the Penang International Airport, in anticipation of a surge in air cargo traffic. Gazetted as a FREE COMMERCIAL ZONE by the Ministry of Finance on 1 June 2003, the cargo complex commenced its commercial activity thereon. Owing to its location within the Zone, the warehouses enjoy minimal customs formalities compared with the usual industrial estates and even the Free Industrial Zones.

With over 450,000 square feet of lettable space, the 64 units of large and small warehouses are meant for storage and value added activities with unlimited possibilities for expansion.

We cater for both large and small freight forwarders and some of our tenants are among well-known air freight forwarding companies, international express courier companies and airlines such as SCHENKER, KWE, KNOWLES, GLOBAL, PANALPINA, DHL, UTI and CATHAY PACIFIC.

The most recent companies to site themselves at the complex are US based WORLD MICRO Inc, PALCO Inc and JSI LOGISTICS.