PKNPk has played a pivotal role in driving the growth of Perak's mineral-based sector through collaborations with key industry players and investors, both local and international. These partnerships have helped to strengthen the state's position as a strategic hub for mineral resource development and value-added activities. The upcoming Silver Valley Technology Park (SVTP) and Lumut Maritime Industrial City (LUMIC) are being developed with complete infrastructure and facilities to cater to the specific needs of mineral-based investors. These projects are designed to provide an integrated ecosystem that supports the entire value chain of the mineral industry, from extraction to processing and manufacturing.
Strong support from both the State and Federal Governments, particularly through promotional efforts and investment incentive initiatives, continues to attract investors to establish midstream and downstream mineral processing facilities in Perak. These efforts are aligned with the state's aspiration to drive industrial diversification and sustainable economic growth. The establishment of mineral processing activities is expected to significantly contribute to the state's revenue growth while creating high value job opportunities, particularly within the Kinta Valley. This development will not only enhance the state's economic resilience but also empower local communities through increased employment prospects.
With the growth of domestic processing facilities, Perak aims to reduce the export of raw mineral materials abroad. This shift will enable greater value retention within the state and promote the development of downstream industries that contribute to long term economic sustainability.