MIDA e-News

Senai Hi-Tech Park in Johor, to be partially operational in March next year, is geared to attract investors in targeted core sectors- high-tech manufacturing, research and development (R&D) and services including professional services, human development and the setting up of regional establishments.

Pantech Group Holdings Bhd, a supplier of high pressure seamless and specialised steel pipes, fittings, flanges and flow control products, will invest RM250 million to set up a manufacturing facility to make stainless steel-welded pipes and fittings in Pasir Gudang, Johor.

Malaysia is keen to tap the window of opportunity arising from the economic uncertainties in the Eurozone to attract investors from Europe to relocate or expand to Malaysia, which offers a competitive edge with a lower cost environment as well as a strategic location in the rapidly-growing Asian region.

Biomass Industries in Malaysia Sustainable Production (Biomass-SP), a non-profit project funded by the European Union (EU) under the Switch-Asia programme, has called on Malaysian small and medium enterprises (SMEs) to adopt technologies developed by public universities and research institutions in the country to covert biomass into value-added eco-products for export at premium prices.

US-based Earle M. Jorgensen (EMJ), a subsidiary of Reliance Steel & Aluminium Company and a leading global metal distributor has opened its RM36 million warehouse facility in Nusajaya Johor, the company's first facility outside North America.