KTC Group chief project officer Memphes Chong said the company recently signed a memorandum of collaboration (MoC) with a technology-solutions multinational to instal tech-based facilities for working professionals, business owners, investors, and academia at its development projects.

He said KTC’s decision to employ cloud technology was because it would help open up a wealth of new experiences and knowledge for users as it was important for industries to become more efficient by digitalising their business operations.

The MoC would enable the parties to jointly develop and implement cloud-based digital solutions for state-of-the-art services and experiences in projects the company has earmarked, particularly in Perak and Selangor, he told Bernama.

By locating its development projects near existing universities and colleges, he said this would help create a conducive environment for research and business endeavours by academia and tech-based investors.

“Work should begin later this year once the details are finalised because we want technology to be in the forefront of our projects,” Chong said.

He said KTC planned to create an exciting lifestyle catering to Gen-Ys and Zs in the high-rise developments as these spaces would provide a conducive ecosystem in areas like automotive technology research, digital applications, shopping platforms and entertainment research.

KTC Group CEO Chong Khin Thin said the company’s focus on cloud technology was based on its belief that development projects would have to meet the aspirations of the younger generation who are now demanding better facilities for their business operations and everyday lives.

“We have to move with the times because that is what young people are demanding – better tech facilities, not just buildings,” he said.