Jingxing Group Commits RM1.9 Billion for Malaysian Expansion
SELANGOR, 22 April 2025 – Global paper manufacturer Jingxing Holdings (M) Sdn. Bhd. a wholly-owned subsidiary of Zhejiang Jingxing Paper Joint Stock Co., Ltd., today launched Phase 2 of its Malaysian expansion with a RM1.9 billion investment in Banting, Selangor. The project will add 600,000 metric tonnes of annual Kraft Liner production capacity, bringing the company’s total Malaysian investment to RM3 billion.
The Piling Ceremony was attended by various distinguished guests, including H.E. Mr. Sun Shuqiang, Minister Counsellor of the Economic and Commercial Office of Embassy of the People’s Republic of China in Malaysia, Y.B. Tuan Ng Sze Han, Executive Councillor for Investment, Trade and Mobility of the Selangor State Government; Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer (Investment Promotion and Facilitation) of the Malaysian Investment Development Authority (MIDA); YBrs. Tuan Mohd Hasry bin Nor Mohd, S.M.S., Yang DiPertua, Majlis Perbandaran Kuala Langat and Mr. Wang Zhiming, Deputy Chairman of Jingxing Malaysia.
The expansion includes highly advanced manufacturing lines supported by integrated thermal power, water treatment, and wastewater management facilities. The plant’s integrated automation systems will create 500 new jobs and generate annual local operating expenditure exceeding RM45 million.
Y.B. Tuan Ng Sze Han, Executive Councillor for Investment, Trade and Mobility of the Selangor State Government congratulated Jingxing on the expansion.”This significant investment underscores Malaysia, particularly Selangor, as a critical player within the global supply chain. Jingxing’s Phase 2 expansion directly supports our goals in job creation and local talent development, reinforcing Selangor’s attractiveness as a premier investment destination. Amidst escalating global trade tensions and shifting supply chain dynamics, Selangor has emerged as a key beneficiary, attracting substantial foreign investments and driving new economic opportunities,” Ng said.
Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer (Investment Promotion and Facilitation), MIDA, “Jingxing’s additional RM1.9 billion investment reflects a clear alignment with Malaysia’s industrial priorities—particularly in advancing sustainable manufacturing practices. This facility stands out not just for its production capacity, but for the depth of its environmental engineering—from closed-loop water treatment systems to energy recovery through cogeneration. Malaysia offers a stable, rules-based investment environment, and we are seeing that long-term commitment from strategic investors like Jingxing. MIDA’s role has been to ensure clarity, coordination, and speed in execution.”
Mr. Wang Zhiming, the Director and Deputy Chairman of Jingxing Malaysia expressed “The expansion of Jingxing Malaysia’s Phase 2 Project marks a significant milestone in our global growth. Malaysia’s strategic location and strong support from the Malaysian Government and the Selangor State Government strengthen our decision to continue this win-win collaboration. The new plant when completed, will further enhance our product range and quality. We are emphasizing on service efficiency, local employment and supply chain opportunities. We look forward to drive technological innovation and foster long-term partnerships and growth in the paper industry; while continuing to meet the expectations of our customers for sustainably driven products.”
The expansion strengthens Malaysia’s export capabilities, with 70% of production targeted for international markets. The facility’s advanced infrastructure and automated processes will optimize manufacturing operations and product quality. This investment adds to Malaysia’s growing paper manufacturing sector, which attracted RM877.9 million in investments throughout 2024, with foreign investments contributing RM578.4 million. This represents a broader trend of international manufacturers choosing Malaysia as their strategic production hub in Southeast Asia.
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About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.
About Jingxing Holdings (M) Sdn. Bhd.
Jingxing Holdings (M) Sdn. Bhd. is a wholly owned subsidiary of Zhejiang Jingxing Paper Joint Stock Co., Ltd. The company operates integrated and modern manufacturing activities including thermal power plants and water treatment plants with annual production capacity of 1.4 million metric tons of industrial packaging papers. Jingxing Holdings (M) Sdn. Bhd. is committed to produce high-quality products to fulfil the packaging needs and requirements of its customers with efficient service and at competitive cost. For more information, please visit https://www.zjjxjt.com/ and follow us on Facebook and LinkedIn.
For more information, please contact:
MIDA
Ms. Manjit Kaur Balkar Singh
Director, Food Technology and Resource Based Industries Division
DL: +603-22673509
Email: [email protected]
JINGXING HOLDINGS (M) SDN. BHD.
Teng Kim Chuan
Director
Tel: +65 91647656
Email: [email protected]
