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BAADER Opens New Production Facility In Malaysia, Strengthening Regional Presence And Innovation

  • Regional Hub: BAADER’s new Shah Alam facility boosts Malaysia’s high-tech manufacturing sector and strengthens Southeast Asian food processing capabilities.
  • Food Security: Delivering advanced solutions for Asia’s rising protein demand and establishing sustainable food systems.
  • Economic Catalyst: Creating high-value jobs, fostering research and development (R&D), and driving industrial growth.

SHAH ALAM, Selangor, 28 May 2025 – BAADER, a global leader in food processing and technology, today officially inaugurated its newest production facility, BAADER Food Systems Asia Sdn. Bhd., located in Shah Alam, Selangor. This momentous occasion marks a strategic milestone for BAADER, significantly expanding its operational footprint in Southeast Asia and reinforcing its commitment to fostering innovation and sustainable practices within Malaysia’s thriving industrial ecosystem. The Shah Alam facility will play a vital role in offering high-performance machinery, digital monitoring tools, and data-driven production insights.

Distinguished guests at the inauguration include the Menteri Besar of Selangor, Yang Berhormat Dato’ Seri Amirudin Shari; Deputy Ambassador of the Federal Republic of Germany to Malaysia, Ms. Ulrike Wolf; BAADER Global CEO, Honorary Consul Ms. Petra Baader; and the Executive Director of Manufacturing Development (NonResource) at the Malaysian Investment Development Authority (MIDA), Ts. Norhizam Ibrahim. The ceremony highlighted the facility’s role in advancing Malaysia’s manufacturing capabilities and strengthening regional food security.

“BAADER’s vision is aligned with Selangor’s commitment to continuing our path in maintaining world-class infrastructure and a globally-competent talent pool from over 150 universities across the state.

In my second term, I made a commitment that Selangor will aim to offer 100,000 quality, high-paying jobs, especially to our young people. And I’m glad to share that we are well on our way to achieving that. Welcome to Selangor – and thank you for choosing Shah Alam. Together, I believe the success of BAADER and Selangor will be even sweeter for the benefit of all Selangorians.” YAB Dato’ Seri Amirudin Shari, Chief Minister of Selangor.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, emphasised, “BAADER’s advanced food processing technologies play a vital role in strengthening the stability and efficiency of the food supply chain. By enhancing processing capabilities, minimising waste, and optimising resource utilisation, BAADER’s innovations are instrumental in supporting the sustainable production needed to feed a growing global population. This event marks an important step in our continued efforts to strengthen Malaysia’s position as a regional hub for advanced manufacturing and food processing technology.”

“This facility represents more than a new production site – it is a long-term commitment to the region,” said Honorary Consul Ms. Petra Baader. “Our goal is to support local and regional partners in meeting rising demand for safe, nutritious, and sustainable proteins through cutting-edge processing and digital solutions.”

BAADER Food Systems Asia will serve as a dual-purpose production and innovation hub, enabling the development and deployment of tailored solutions for the diverse needs of the Asian poultry and fish processing industries. This new establishment perfectly complements BAADER’s longstanding presence in Singapore and Beijing, further solidifying its extensive global network.

BAADER’s enhanced operational capacity in Malaysia not only strengthens its ability to provide localised support to its clientele but also underscores the company’s continuous investment in building resilient supply chains, fostering technological innovation, and nurturing mutually beneficial partnerships across the entire Southeast Asian landscape.

–  END –

About MIDA
The Malaysian Investment Development Authority (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 channel.

About BAADER Food Systems Asia Sdn. Bhd.
With over 100 years of innovation, BAADER is a global leader in food processing solutions. Beyond fish and poultry, we revolutionize the industry through digitalization and data analytics. Operating in over 100 countries with a dedicated workforce of 1,600 professionals, we are committed to providing solutions that prioritize quality, efficiency, traceability, profitability, and sustainability. We value the animal as a resource. Driving innovations for a century, committed for a lifetime – BAADER. 

More details on BAADER can be found at www.baader.com

For media enquiries, please contact: 

MIDA
Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division
Email: [email protected]
DL: +603 2267 6769

BAADER Food Systems Asia Sdn. Bhd.
Mr. Cheou Wan Kwai
Managing Director
Email: [email protected]
Contact: +603-5131 3121

BAADER Opens New Production Facility In Malaysia, Strengthening Regional Presence And Innovation


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KUALA LUMPUR, MALAYSIA, 27 MAY 2025 ACWA Power, the world’s largest private water desalination company, a leader in energy transition and first mover into green hydrogen, today announced comprehensive partnerships with Malaysian government agencies and key entities at the sidelines of the ASEAN-GCC Summit. The centrepiece agreement, a Memorandum of Understanding (MOU) with Malaysian Investment Development Authority (MIDA), will facilitate strategic investment projects in clean energy infrastructure across Malaysia, targeting 12.5 GW of capacity by 2040 with an estimated investment value of USD10 billion.

The collaboration includes additional strategic agreements with TNB Power Generation Sdn. Bhd., UEM Lestra Berhad, and Terengganu Incorporated Sdn. Bhd., creating a powerful alliance that combines Malaysia’s innovative ecosystem with Saudi Arabia’s energy transition expertise. The partnership focuses on advancing renewable energy, green hydrogen, and advanced water solutions, aligning with both Malaysia’s National Energy Transition Roadmap (NETR) and Saudi Vision 2030’s climate leadership objectives.

The MOU exchange was witnessed by YAB Datuk Seri Haji Fadillah bin Haji Yusof Malaysia’s Deputy Prime Minister II and the Minister of Energy Transition and Water Transformation; YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Malaysia’s Minister of Investment, Trade & Industry (MITI), Mr. Abdullah Bin Zarah, Saudi Arabia’s Deputy Minister for Economic and Development Affairs; and Ms Sara Al-Sayed, Saudi Arabia’s Deputy Minister of International Relations at the Saudi Ministry of Investment.

Minister of MITI, Tengku Zafrul said “We welcome this USD10-billion collaboration between MIDA and ACWA Power Company which supports the objectives of our New Industrial Master Plan 2030 and National Energy Transition Roadmap, as Malaysia charts its way to achieving energy security and energy transition, especially for its industries, as well as the country’s Net Zero goal by 2050.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, shared his vision for the project, “This partnership marks a defining moment in Malaysia’s green energy journey, positioning us as Southeast Asia’s premier destination for sustainable investments. With ACWA Power’s global expertise and our National Energy Transition Roadmap as our compass, we’re not just attracting investments – we’re architecting Malaysia’s future as a clean energy powerhouse.”

“Through this collaboration, we’re demonstrating how international partnerships, such as the one with ACWA Power, can fast-track our transition to a low-carbon economy while creating high-skilled jobs and driving technological innovation in Malaysia’s renewable energy sector,” he added.

Marco Arcelli, Chief Executive Officer of ACWA Power, said, “This strategic agreement with MIDA, represent a significant milestone in ACWA Power’s expansion in Southeast Asia and reflects our commitment in supporting Malaysia and the broader ASEAN region’s energy transition towards a sustainable and low-carbon future. By combining our global expertise in renewables, desalination, and green hydrogen with the local knowledge of our Malaysian partners, we are not only accelerating the deployment of clean energy solutions but also fostering technology transfer, job creation, and long-term economic growth and social well-being of the local community.”

Malaysia’s supportive green technology incentives, namely the Green Investment Tax Allowance (GITA) are structured through a tiered and outcome-based approach, to cater to the needs of green industries such as solar and green hydrogen.

MIDA will facilitate ACWA Power’s proposed investments to ensure alignment with the New Investment Policy and energy transition goals, working closely with the Ministry of Energy Transition and Water Transformation (PETRA) and the Energy Commission (EC).

In 2024, Malaysia marked a significant milestone with RM20.8 billion in approved green investments, spanning seven (7) levers across the manufacturing and services sectors. These investments, comprising 943 projects, are projected to create 8,413 new jobs, with green mobility, circular economy and renewable energy among the leading sectors.

ACWA Power brings significant expertise to these projects, leveraging its global projects value portfolio of USD107.5 billion across 14 countries. This expansion marks a significant milestone in the company’s commitment to driving energy transition through strategic partnerships and innovative technology.

Front row (L-R): Mr. Mohammad Abunayyan, Chairman of ACWA Power Company, and Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA.
Back row (L-R): Mr Abdullah bin Zarah, Saudi Arabia’s Deputy Minister for Economic and Development Affairs; Ms Sara Al-Sayed, Saudi Arabia’s Deputy Minister of International Relations at the Saudi Ministry of Investment; Malaysia’s Deputy Prime Minister II and Minister of Energy Transition and Water Transformation, YAB Datuk Seri Haji Fadillah bin Haji Yusof; and YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Malaysia’s Minister of Investment, Trade & Industry. 

**The End**

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 ACWA Power
ACWA Power (TADAWUL:2082) is a Saudi-listed company and the world’s largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition. Registered and established in 2004 in Riyadh, Saudi Arabia, ACWA Power employs over 4,000 people and is currently present in 14 countries in the ththe Middle East, Africa, Central Asia, and Southeast Asia. ACWA Power’s portfolio comprises 101 projects in operation, advanced development, or under construction with an investment value of SAR 381 billion (USD 107.5 billion) and the capacity to generate 78.85GW of power and manage 9.5 million m3/day of desalinated water per day. This energy and water are delivered on a bulk basis to address the needs of state utilities and industries on long-term, off-taker contracts under utility services outsourcing and public-private partnership models. 

Learn more: www.acwapower.com

For more information, please contact:

MIDA
Ms. Lim Ming Yee
Director, Foreign Investment Division
DL: +03-22673762
Email: [email protected]

ACWA Power
Mohammed Al Hasan
Media Lead – Media Affairs & External Comms
[email protected]

Yahya Hamidaddin
Executive Director – Media Affairs & External Comms
[email protected]

Powering A Greener Future: MIDA and ACWA Power Launch USD10 Billion Partnership


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Selangor, Malaysia, 22 May 2025 – Neways, the global innovator in mission-critical technology for semicon, defense & mobility, and connectivity sectors, is proud to announce the grand-opening of a new state-of-the-art manufacturing facility in Selangor, Malaysia. This strategic expansion reaffirms Neways’ commitment to its growth strategy representing a significant investment in the country’s high-tech sector, positions Neways to meet growing regional demand while enhancing its global manufacturing footprint.

Malaysia’s unique position in the heart of Asia and its prominence in the semiconductor manufacturing sector make it an ideal location for Neways to establish its new manufacturing facility. The company is excited to leverage Malaysia’s strategic advantages to better serve its customers in the region and beyond.

The advanced facility specialises in high-level semiconductor assemblies, with industry leader ASML as the launching customer in presence of many of our esteemed customers such as, ASMi, Besi, VDL, Frencken, KMWE, Thermo Fisher, VAT Group, Rimac Technologies and many other.

YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), and Ms. Eva Oskam, Deputy Ambassador of the Kingdom of the Netherlands to Malaysia, officiated the landmark opening.

YB Liew Chin Tong, Deputy Minister of MITI expressed, “I am pleased to welcome Neways Electronics to Malaysia. This investment is a strong vote of confidence in Malaysia’s position as a leading destination for advanced electronics and semiconductor-related industries. Neways’ presence will enhance our capabilities in high-precision electronics and contribute to the growth of our semiconductor ecosystem. This investment also signals the positive momentum created by the National Semiconductor Strategy (NSS), which aims to build a resilient semiconductor landscape. MITI, through its agencies, remains committed to facilitating quality investments that create skilled jobs, enable technology transfer, and deepen local industry linkages. We are confident that Malaysia will serve as a strong regional base for Neways’ long-term growth in Asia.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said, “Neways’ investment strengthens Malaysia’s position in high-tech, high-reliability electronics manufacturing segments that support critical industries such as medical, industrial automation, and automotive. This facility opens new doors for local vendors to participate in global value chains. MIDA’s role in facilitating this investment showcases our commitment to attracting and nurturing investments that align with Malaysia’s economic transformation agenda. Through comprehensive support mechanisms and strategic facilitation, we have demonstrated Malaysia’s readiness to host complex, technology-intensive operations.”

Invest Selangor congratulates Neways on the opening of their new manufacturing plant in Selangor, their first in Southeast Asia region,” said Dato’ Hasan Azhari Hj. Idris, CEO of Invest Selangor. “We are honoured to have played an important role in facilitating their establishment in Selangor. Neways was the first participant in our Selangor Soft Landing programme, the latest state pre-investment initiative that offers new investors like Neways a range of valuable assistance and benefits even before they identify their investment site in Selangor. These include temporary co-working space, corporate hotel rates and personalised assistance in their business setup process. Moving forward, Neways can count on us should they require further assistance from the state government of Selangor. We thank Neways for their confidence in choosing Selangor as their significant home in the region and we wish them continued and substantial success in the years to come.”

This strategic move underscores Neways’ dedication to meeting the evolving needs of its customers and enhancing operational efficiency. The new facility is based in Selangor with production starting as of now. The company aims to achieve substantial growth, with plans to expand its workforce to over 200 employees. From here, continue to scale up and increase volume, employees and expand the customer portfolio. The company is very proud of its state-of-the-art facility with which it will once again set the tone in leading electronics position in semiconductor.

Hans Büthker, CEO of Neways, commented, “We are proud to open our new manufacturing facility in Selangor, Malaysia. This strategic move is a testament to our growth commitment in providing exceptional products and services to our valued customers as ASML and more. The inauguration of our new facility not only fortifies our global manufacturing footprint but also propels our ambitious expansion plans in the region.”

-END-

About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

About Invest Selangor Berhad
Invest Selangor Berhad is the state government agency responsible for promoting and facilitating investment in Selangor, Malaysia. With its commitment to providing investors with the ease of doing business, Invest Selangor ensures investors have a hassle-free investment journey. The agency offers a comprehensive suite of services, including site selection assistance, investment facilitation, and aftercare services. Invest Selangor is dedicated to providing investors with a conducive business environment, which includes streamlined procedures, efficient services, and access to industry insights and networks. This commitment to investor ease of mind has made Selangor an attractive investment destination for local and foreign investors. With Invest Selangor’s support, investors can focus on their business operations and leave the administrative matters to the agency, giving them the peace of mind they need to grow their investments in Selangor. For Selangor investment enquiries, please visit www.investselangor.my

About Neways
Neways provides global innovation in mission-critical electronics for semicon solutions, defense & mobility, and connectivity customers. With over 50 years of experience and a strong in-house engineering capability, we are proud to be the technological innovation partner for the most demanding customers in the industry.

Neways develops and manufactures highly complex electronics, ranging from advanced modules and assemblies to highly specialized cables & wiring, and cutting-edge microelectronics solutions. Our team of over 2,500 specialists across various countries enables innovative solutions for microchip production, advanced defense technologies, electric vehicle charging, electric drivetrains, the digitization of healthcare solutions, and much more.

For more information, please contact:

MIDA
Mr. Mohd Mazlan Mokhtar
Director, Electrical and Electronics Division, MIDA
Email: [email protected] | DL: +603-2267 6655

Invest Selangor Berhad
Nur Azyyana Abu Bakar
Senior Manager, Strategic Planning & Communication Division
[email protected]

Maryani Mat Saad
Senior Executive, Strategic Planning & Communication Division
[email protected]

Neway
Freek Deelen, Director Strategy & Communications Neways
[email protected]
+31 653 986 914

Neways Electronics Celebrates Grand Opening of New Manufacturing Facility in Malaysia


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MIDA Drives High-Impact Investments and Innovation to Futureproof Malaysia’s Strategic Aerospace and Maritime Industries Amid Global Economic Uncertainties.

Langkawi, 21 May 2025 – As global supply chains face ongoing disruptions and the race for technological leadership intensifies, Malaysia is doubling down efforts on its strategic industries to secure long-term economic resilience and regional influence. The Malaysian Investment Development Authority (MIDA) has reaffirmed the nation’s commitment to accelerating growth in Aerospace and the Shipbuilding and Ship Repair (SBSR) sectors — key pillars of the New Industrial Master Plan (NIMP) 2030 aimed at transforming Malaysia into a future-ready, innovation-driven economy.

Malaysia is leveraging its strategic location and skilled workforce to become a preferred hub for advanced aerospace and maritime industries. MIDA is actively supporting investors to pioneer sustainable technologies, strengthen supply chains, and build industrial ecosystems that withstand global headwinds.

Aerospace: Accelerating Towards Regional Leadership

MIDA also aims to elevate Malaysia’s status as a regional aerospace hub, particularly in Maintenance, Repair and Overhaul (MRO), manufacturing, and engineering services. With the global aerospace value chain shifting towards Asia, Malaysia is seizing the opportunity to enhance its competitiveness and capabilities.

Malaysia’s aerospace ambitions gained significant momentum in 2024, with nine approved projects valued at RM1.4 billion – 71% from international investors. This achievement underscores growing global confidence in Malaysia’s comprehensive aerospace ecosystem, particularly in MRO, manufacturing and engineering services.

MITI Pavilion at LIMA 2025

Underscoring the importance of both aerospace and SBSR to Malaysia’s industrial trajectory, YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), stated, “Malaysia’s aerospace and maritime sectors are pivotal to our industrial transformation. Through the New Industrial Master Plan 2030, we are introducing forward-looking policies that support technology adoption, strengthen local supply chains, and promote sustainability across strategic industries. Our role as policymakers is to create the right enabling environment — one that encourages collaboration, drives competitiveness, and positions Malaysia as a regional leader.”

Pioneering Maritime Growth through Collaboration and Sustainability

Strategic Forum on Maritime Collaboration: MIGHT x MIDA

In collaboration with the Malaysian Industry-Government Group for High Technology (MIGHT), MIDA co-organise an open forum titled “Navigating the Future: Innovation, Collaboration, and Sustainable Growth in the SBSR Industry”. The forum focused on accelerating transformation across the maritime industry through:

  • The adoption of advanced technologies in shipbuilding and repair;
  • Public-private partnerships to enhance industrial resilience; and
  • Sustainable practices to ensure long-term sectoral growth.

By facilitating this open forum, MIDA and MIGHT aim to support Malaysia’s SBSR sector in embracing transformation and futureproofing against global headwinds. MIDA was represented by Puan Habibah Enok, Director of the Oil and Gas, Maritime and Logistics Services (OGML) Division.

Malaysia’s SBSR sector continues to gain traction, with five (5) approved investments projects recorded in 2024, valued at RM50.4 million. These investments span vessel construction, repair facilities, and support services, further enhancing Malaysia’s maritime competitiveness and capabilities.

MIGHT-MIDA Open Forum

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, stated, “Malaysia’s aerospace and SBSR sectors continue to attract strong interest from investors due to their depth, agility, and growth potential. At MIDA, we are focused on translating this momentum into meaningful impact by enhancing ecosystem readiness — from infrastructure and talent to supply chain integration. These sectors are not only vital to our economic diversification but are also gateways to greater global engagement.”

As Malaysia advances its industrial agenda, MIDA continues to lead national efforts to:

  • Attract high-impact investments;
  • Foster industrial partnerships; and
  • Position Malaysia as a resilient, innovation-driven economy.

MIDA’s engagements this year include targeted investor briefings and ecosystem development initiatives to unlock new opportunities in high-growth sectors.

With NIMP 2030 as the guiding framework, Malaysia’s commitment is clear: to futureproof its economy, empower its industries, and lead the region through innovation and collaboration.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO

-END-

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

For more information, please contact:

MIDA

Ms. Habibah Binti Enok
Director, Oil and Gas, Maritime and Logistics Services (OGML), MIDA
Email: [email protected] | DL: +603-2267 3539

Ms. Noor Suziyanti Binti Saad
Director, Transportation Technology Division, MIDA
Email: [email protected] | DL: +603-22673575

Appendix: Industry Partner Quotes

Safran Landing Systems
Mr. Renaud Duval, Managing Director, Wheels and Brakes Division
Safran Landing Systems Malaysia Sdn. Bhd.
“Malaysia has proven to be a strategic base for Safran’s aerospace activities in the region. We are encouraged by the strong support from local stakeholders and the availability of skilled talent. As demand continues to grow across Asia, Safran is committed to expanding our operations and deepening our collaboration within Malaysia’s aerospace ecosystem.”

Muhibbah Engineering (M) Bhd.
Mr. Mac Ngan Boon, Group Managing Director, Muhibbah Engineering (M) Bhd.
“Malaysia’s SBSR sector is entering an exciting era of innovation and strategic relevance. At Muhibbah Engineering, we are proud to support the nation’s efforts by delivering advanced maritime infrastructure and engineering excellence. With MIDA’s continued support, we believe Malaysia can evolve into a regional leader in shipbuilding and marine solutions.”

Malaysia Accelerates Aerospace and Maritime Growth to Secure Future Economic Resilience


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Kuala Lumpur, Malaysia and Singapore, 21 May 2025 – Malaysia reaffirmed its position as a leading player in the global semiconductor industry at SEMICON Southeast Asia (SEA) 2025, held from 20 to 22 May 2025 at the Sands Expo and Convention Centre, Singapore, under the theme “Stronger Together – Collaborating to Navigate Uncertainties and Fostering Resilience”. The Malaysian Investment Development Authority (MIDA) introduced two strategic programmes designed to accelerate industry growth and foster international partnerships.

MIDA’s Supply Chain Programme and Handshake Session emerged as cornerstone events, including participation from industry giants such as MICRON, ASML and Ferrotec. These sessions created direct pathways for Malaysian suppliers to integrate into global supply chains. The programmes specifically targeted high-value semiconductor activities, positioning Malaysia as a key player in the international market.

Investment numbers tell a compelling story of industry confidence. Malaysia secured RM120.5 billion in manufacturing investments in 2024, with RM55.8 billion dedicated to the E&E sector. These investments are set to create 88,000 new high-skilled jobs, signalling robust growth in the technology sector.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, emphasised, “Our success in attracting investments demonstrates global confidence in Malaysia’s semiconductor ecosystem. This isn’t just about numbers – it’s about building a sustainable future. Our National Semiconductor Strategy (NSS) is transforming Malaysia into a comprehensive semiconductor hub, from design and manufacturing to testing and packaging. We’re seeing interest from global players who recognise our unique value proposition: a skilled workforce, robust infrastructure, and unwavering government support. Most importantly, we’re creating an ecosystem where both multinational corporations and local suppliers can thrive together, fostering innovation and technological advancement. The MIDA Supply Chain Programme and Handshake Session are prime examples of how we’re facilitating meaningful connections and driving industry growth.”

Industry giants shared insights during the Supply Chain Programme, offering Malaysian participants valuable knowledge about global standards and integration opportunities. The Handshake Session facilitated direct discussions between international leaders and local stakeholders.

Ms. Linda Tan, President of SEMI Southeast Asia said, “SEMICON Southeast Asia highlights Malaysia’s growing role in the global semiconductor supply chain. It brings together industry leaders, drives collaboration, and sparks important conversations on innovation, sustainability, and talent. With strong support from MIDA, Malaysia continues to strengthen its position as a top investment destination. We’re also excited to return to Kuala Lumpur in May 2026 which is a clear signal of the country’s leadership in the regional semiconductor ecosystem.”

Amarjit Sandhu, Corporate Vice President, Assembly and Test NAND Operations, Micron Technology said: “At Micron, we believe that our worldwide supply chain begins with strong partnerships. Our collaboration with Malaysian Government and suppliers not only enhances operational excellence but also contributes to long-term economic empowerment. By fostering innovation in the local ecosystem, we are proud to support Malaysia’s vision of becoming a global semiconductor hub.”

“Ferrotec is proud to be part of Malaysia’s dynamic semiconductor ecosystem. Our journey as a strategic supplier to leading global players has been strengthened by the country’s robust infrastructure, skilled workforce, and strong policy support. Platforms like MIDA’s Supply Chain Programme are instrumental in bridging global expectations with local capabilities. We look forward to deepening our partnerships in Malaysia and playing a role in advancing the region’s position in the global value chain. With continued collaboration, we believe Malaysia will emerge as a key innovation and manufacturing hub for the semiconductor industry in Asia,” said Mr. Soo Kim Fatt, Director, PR and Strategic Planning from Ferrotec Power Semiconductor Malaysia Sdn. Bhd.

Eduard Stiphout, ASML SVP Strategic Sourcing & Procurement commented “We are working with our suppliers and governmental partners to strengthen our presence in South East Asia. Our common objective is to enhance the capability of the South East Asia supply chain, supporting growth and value to ASML’s customers”.

These engagements are part of a broader national push under the NSS — Malaysia’s strategic roadmap to advance critical segments of the semiconductor value chain, including chip design, wafer fabrication, advanced packaging and speciality chemicals. As a future-ready policy framework, the NSS reflects Malaysia’s ambition to transition from a traditional manufacturing base into a regional hub for innovation, co-creation, and semiconductor excellence.

-END-

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 today 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 and Facebook, LinkedIn, TikTok and YouTube channel.

For more information, please contact:

MIDA
Mr. Mohd Mazlan Mokhtar
Director, Electrical and Electronics Division, MIDA
Email: [email protected] | DL: +603-2267 6655

Malaysia Seeks Global Investors to Advance Its Semiconductor Value Chain at SEMICON SEA 2025


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Supply Chain Program Unites 35 Global Suppliers, Accelerates Malaysia’s Automotive Development

Kuala Lumpur, 19 May 2025 – The Malaysian Investment Development Authority (MIDA) and Chery Corporate Malaysia Sdn. Bhd. launched the Chery Premier Supply Chain Synergy Programme, marking a transformative milestone for Malaysia’s automotive industry. The strategic initiative, held last Friday, hosted at MIDA’s headquarters and supported by the Ministry of Investment, Trade and Industry (MITI) and the Malaysia Automotive Robotics & IoT Institute (MARii), brought together 12 leading Chery Technology suppliers from China and 23 Malaysian suppliers, creating a powerful platform for collaboration and growth.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Office of MIDA, highlighted the significance of the Chery Premier Supply Chain Synergy Programme in realising Malaysia’s National Automotive Policy (NAP) 2020, “This inaugural programme directly supports our commitment to fostering collaboration between Malaysian vendors and Chery China. We aim to unlock mutually beneficial opportunities that drive growth and innovation, aligning perfectly with NAP 2020’s objectives of promoting local vendor development, supporting next-generation vehicles (NxGV), and incorporating Industry 4.0 practices. By fostering these vital links, we envision a future rich with technology transfer, streamlined supply chains, and enhanced industrial capabilities, ultimately benefiting both Malaysia and Chery.”

Mr. Leo Chen, Executive Vice President of Chery Corporate Malaysia, said, “This collaboration reflects Chery’s commitment to championing localisation and fortifying our supply chain ecosystem in Malaysia. As part of Chery’s broader strategy to deepen our roots in this market and lead the advancement of a modern, inclusive automotive industry, we are proud to work hand in hand with local suppliers to foster sustainable growth and resilience. By creating a dynamic platform for cross-border synergy, we aim to ensure that suppliers from both Malaysia and China benefit mutually through the strategic exchange of knowledge and technology in automotive engineering and advanced manufacturing. This initiative represents our long-term vision to build an integrated, future-ready supply chain that drives mutual advancement and strengthens Malaysia’s position as a competitive and innovative automotive hub in the region.”

A highlight of the programme was Chery’s presentation of their upcoming Chery Smart Auto Industrial Park in the Beringin High-Tech Auto Valley. This ambitious project is set to become Chery’s manufacturing cornerstone in the region, representing a significant step in Malaysia’s automotive evolution.

The event culminated in the signing of four (4) strategic Memoranda of Understanding (MoUs):

  • Wuhu Atech Automotive Electronics Co., Ltd and Multi-Code Electronics Industries (M) Bhd.
  • Cheling Smart Mobility Technology (Wuhu) Co., Ltd and Multi-Code Electronics Industries (M) Bhd.
  • Zhejiang Wanliyang Co., Ltd and Chery Corporate Malaysia Sdn. Bhd.
  • Wuhu Qida Power Battery System Co., Ltd and Chery Corporate Malaysia Sdn. Bhd.

These partnerships focus on automotive components, technology transfer, and joint investments, strengthening Malaysia’s position in the global automotive supply chain.

The supply chain initiative addresses the growing demand for electrification and smart mobility solutions, positioning Malaysia at the forefront of automotive innovation.

– End –

About MIDA
The Malaysian Investment Development Authority (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 channel.

About Chery Corporate Malaysia Sdn. Bhd.
Chery Malaysia is part of Chery Automobile Co., Ltd., a subsidiary of Chery Group, a leading Chinese automobile manufacturer headquartered in Wuhu, China. Established in 1997, Chery has been a key player in the automotive industry, renowned for its diverse lineup of passenger cars, SUVs, and electric vehicles. Chery has earned a prominent position in both domestic and international markets, exporting vehicles to over 80 countries worldwide, including Malaysia. For 22 consecutive years, Chery has been the No.1 brand in China for vehicle exports. For more information, visit www.chery.my and follow us at Chery Malaysia Facebook www.facebook.com/cherymalaysiaofficial.

For media enquiries, please contact: 

MIDA
Ms. Noor Suziyanti Saad
Director, Transportation Technology Division
Email: [email protected]
DL: +603 22673575

CHERY MALAYSIA
Ms. Christiana Low
PR & Communications, Chery
Email: [email protected]



MIDA and Chery Forge Strategic Automotive Alliance, Marking A New Era in Malaysia’s Automotive Sector


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PULAU PINANG, 17 May 2025 – Global automotive sensor leader Trensor Co. Ltd. today broke ground on its first international manufacturing facility in Penang, Malaysia. The RM100 million investment will create 200 high-skilled jobs and generate RM200 million in annual sales when production begins in 2026.

The state-of-the-art facility, spanning 10,000 square metres across four stories, will be located at Penang Technology Park@Bertam. This strategic expansion marks Trensor’s commitment to serving the growing Southeast Asian automotive market while strengthening its global supply chain capabilities.

The momentous occasion was graced by the presence of YAB Chow Kon Yeow, Chief Minister of Penang, alongside key state and federal dignitaries including YB H’ng Mooi Lye, Member of the Penang State Executive Council and Muhammad Ghaddaffi Sardar Mohamed, Director of Malaysian Investment Development Authority (MIDA), Penang.

In his speech, YAB Chow Kon Yeow stated, “Today’s Groundbreaking Ceremony marks a new milestone for Trensor, as we witness the launch of the company’s first manufacturing facility in Penang. To strengthen Penang’s position as a hub for advanced manufacturing, the State Government continues to prioritise the attraction of companies with strong, long-term commitments to sustainable investment. In this regard, the State commends Trensor for its dedication to continuously evolve to support next-generation technologies, reinforcing Penang’s standing in the global advanced manufacturing landscape.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), affirmed Malaysia’s commitment to attracting high-value investments, stating, “Trensor’s strategic expansion into Malaysia marks a transformative moment for our nation’s advanced manufacturing capabilities. This investment represents precisely the kind of high-impact, future-focused partnerships Malaysia seeks to attract. Trensor’s advanced sensor technology and manufacturing expertise will significantly elevate our automotive electronics ecosystem, while creating substantial opportunities for our skilled workforce. Their decision to establish their first overseas facility here powerfully validates Malaysia’s position as a preferred destination for sophisticated manufacturing operations. MIDA welcomes Trensor as a key partner in driving Malaysia’s journey toward becoming a global technology powerhouse.”

Zhou Wenbo, General Manager of Trensor Electronics Sdn Bhd, stated: “The decision by Trensor Co Ltd to establish its first-ever overseas factory in Penang, Malaysia, was driven by the state’s world-class infrastructure, business-friendly governance, high quality of life, cultural affinity, and abundant pool of high-tech talent attracted to the ‘Silicon Valley of the East’.”

“MIDA, InvestPenang, the Seberang Perai City Council, and all local authorities have provided strong support in helping Trensor turn its globalisation strategy into a concrete reality today,” Zhou added.

Renowned for its advanced automotive pressure sensors and high levels of automation and vertical integration, Trensor Co. Ltd. supplies major global automakers like Ford and Geely, as well as Tier-1 suppliers such as Cummins and Hanon Systems. Notably, their sensors are also integrated into Perodua’s air conditioning system. With approximately 60% of its revenue derived from exports, primarily to North America and Europe, the Penang facility will be crucial in supporting Trensor’s strategic expansion into the rapidly growing Southeast Asian automotive markets and beyond. Trensor has also strategically secured land for future expansion, signalling a long-term commitment to its Malaysian operations.

-END-

About MIDA
The Malaysian Investment Development Authority (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 channel.

About InvestP Penang
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (GBS) Focus Group (promoting and developing digital economy) and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.

About Trensor Electronics Sdn. Bhd.
Trensor Electronics Sdn. Bhd., incorporated in 2024, is the Malaysian subsidiary of Trensor Co Ltd, a leading manufacturer of automotive pressure sensors in terms of product quality, production automation, and vertical integration. Our world-class products have been included in the procurement systems of major global automakers such as Ford and Geely, as well as Tier 1 suppliers like Cummins and Hanon Systems. 

For media enquiries, please contact:

MIDA
Mr. Mohd Mazlan Mokhtar
Director, Electrical & Electronics Division
T: +603 2267 6655
E: [email protected]

Invest Penang
Elaine Cheah / Ong Yih Hwa
Communications & Business Intelligence
T: +604-646 8833
E: [email protected] / [email protected]

Trensor Electronic Sdn. Bhd.
Zhou Wenbo
E: [email protected]

Automotive Electronics Supplier Trensor Breaks Ground on RM100m Penang Facility, Providing 200 Jobs for Malaysians


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Strategic Relocation and Expansion to Enhance Global Supply Chain Operations

Kuala Lumpur, Malaysia and Kyoto, Japan, 15 May 2025 – The HORIBA Group (HORIBA) announces a significant expansion in Malaysia with plans to establish its first manufacturing facility in the state of Kedah. This strategic investment will create the company’s first production base for mass flow controllers (MFCs) in Malaysia, with full-scale operations scheduled to commence in January 2026. The new facility represents a major advancement from HORIBA’s current representative office in Penang, transforming the company’s Malaysian presence from a business development hub to a full-scale manufacturing operation.

Malaysia continues to be a key investment destination for global players in the semiconductor industry including HORIBA, thanks to its highly-skilled technical workforce and stable business environment, and Government’s facilitation. The northern region — particularly Penang and Kedah — has become a focal point for high-tech manufacturing, attracting major European, American, and Asian semiconductor companies.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of Malaysian Investment Development Authority (MIDA), emphasised the strategic importance of this development, “HORIBA’s decision to establish its new production base in Kedah marks a transformative moment for Malaysia’s high-technology manufacturing sector. This move validates our nation’s emergence as a global technology hub and reinforces the northern region’s status as a powerhouse for advanced manufacturing. MIDA stands firmly committed to ensuring HORIBA’s success through world-class infrastructure support and competitive incentives. The company’s expansion represents more than just an investment – it’s a catalyst for innovation, job creation, and economic growth that will reshape Malaysia’s industrial landscape.”

Yohei Kawamura, President of HORIBA Malaysia, says, “The Malaysian Government has positioned the semiconductor industry as an important growth area and has been actively working on developing a robust ecosystem and industrial policies as well as, encouraging research and development and cultivate skilled talent. Such policies have spurred investment by domestic and foreign companies, and this has been particularly remarkable in the states of Penang and Kedah, places where major European, U.S. and Asian semiconductor companies have congregated.

In the semiconductor market that is expected to grow further in the mid to long term, the HORIBA Group will accelerate reinforcement of the global supply structure to fulfill its responsibility as a leading supplier of MFCs as well as to meet various metrology needs in the future.”

This new facility will also house the Analytical Solution Plaza in Malaysia, a cutting-edge laboratory. As priority initiatives for advanced materials and semiconductors, focus fields in the Mid-Long Term Management Plan (MLMAP2028), a wide range of solutions will be provided to meet such needs as advanced material analysis, semiconductor process monitoring, and environmental measurement services. This initiative aligns with HORIBA’s Mid-Long Term Management Plan (MLMAP2028) and complements Malaysia’s ambitions as a leader in high-tech industries.

Through the newly established base, the HORIBA Group will endeavour to further expand its global share in the MFC market, currently around 60%*, by rapidly and precisely responding to the needs of customers in Malaysia and other parts of Southeast Asia.

Image of the completed new base

* According to research by HORIBA as of April 2025

-END-

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

About HORIBA

Founded in 1953, HORIBA has explored a wide range of unique measurement and analysis technologies to meet global customer needs from 47 group companies and local sites spread across 28 countries and regions. Under the corporate motto Joy and Fun, the company has expanded and refined its core technologies to solve society’s energy issues of today and tomorrow. Our unique measurement and analysis technologies are valued in various fields of society including the three megatrend business fields of Energy & Environment, Biology & Healthcare and Materials & Semiconductor. For more information on HORIBA, visit https://www.horiba.com/int/company/about-horiba/home/

For more information, please contact:

MIDA
Mr. Mohd Mazlan Mokhtar
Director, Electrical and Electronics Division, MIDA
Email: [email protected] | DL: +603-2267 6655

HORIBA
Contact Form
https://www.horiba.com/int/contact/contact-form/

HORIBA to Establish a New Production Base in Malaysia


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KUALA LUMPUR, Malaysia and PARIS, France, 13 May 2025 – Saint-Gobain Group’s Malaysian subsidiary, Saint-Gobain Prima Sdn. Bhd., today announced a landmark expansion of its operations in Perak, Malaysia. The French construction materials leader will invest over RM200 million between 2025 and 2029 to establish state-of-the-art manufacturing facilities at the Kanthan Industrial Park in Chemor, Perak, reinforcing its commitment to light and sustainable construction. This strategic expansion will significantly boost production capacity for the company’s premium fibre cement board solutions, including PRIMA Flex, PRIMA Plank, PRIMA Liner, and PRIMA Lattice.

Yang Amat Berhormat Dato’ Seri Saarani Mohamad, Menteri Besar of Perak, highlighted, “Perak is a state endowed with abundant raw materials and mineral resources. The investment by Saint-Gobain exemplifies how the state can leverage these resources to drive high-value economic activities, rather than simply exporting them without added value. By manufacturing building materials using locally sourced raw materials and minerals, Saint-Gobain not only enhances the economic value chain within Perak but also contributes to the creation of quality employment opportunities for its people.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), emphasised, “Saint-Gobain’s expansion represents a pivotal catalyst for Malaysia’s industrial advancement. With its cutting-edge sustainable technology, this facility establishes a new gold standard for high-value manufacturing excellence. MIDA takes pride in facilitating this strategic initiative, which further cements Malaysia’s position as a leader in advanced construction materials manufacturing across the ASEAN region.”

Ms. Lynette Siow, CEO of Saint-Gobain Malaysia and Singapore, commented “This investment marks a significant milestone in Saint-Gobain’s journey in Malaysia. By expanding our manufacturing capabilities in Perak, we are not only reinforcing our commitment to local industrial development but also advancing our mission to deliver light and sustainable building solutions across the region. We believe in making the world a better home, responsibly, innovatively, and collaboratively with our partners.”

This expansion was announced alongside a Memorandum of Understanding (MoU) between Saint-Gobain Prima Sdn. Bhd. and Perak Investment Management Centre (InvestPerak), designed to enhance collaboration for the project’s successful execution. The signing ceremony, held at the Saint-Gobain Tower in Paris, was graced by the presence of Yang Amat Berhormat Dato’ Seri Saarani Mohamad, Menteri Besar of Perak, Mr. Mohamad Hashim bin Abdul Ghani, Chief Executive Officer of InvestPerak, Ms. Noemie Chocat, Vice-President Corporate Strategy of Saint-Gobain, Mr. Christian Bako, Vice President Marketing & Development of Saint-Gobain and other representatives from federal and state governments. This investment builds upon Saint-Gobain’s successful two-decade presence in Malaysia, further strengthened by its 2023 acquisition of Hume Cemboard Industries Sdn. Bhd, now operating as Saint-Gobain Prima Sdn. Bhd. It aligns with the Group’s global mission of “Making the World a Better Home” and its commitment to achieving carbon neutrality by 2050.

-End-

About MIDA

The Malaysian Investment Development Authority (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 channel.

About InvestPerak

Perak Investment Management Centre (PIMC) also known as InvestPerak, was established in January 2006 to serve as the ‘First Point of Contact for Investors’ in the manufacturing and services sectors in Perak. It primarily acts as the principal investment promotion agency of the Perak State Government and reports directly to the YAB Menteri Besar Perak. Perak State Government have mandated InvestPerak as secretariat for Centre of Investment (COI), which empowered the function of InvestPerak as facilitator in assisting investors to invest in Perak. COI@InvestPerak have the authority to issue ‘Fast-Track Letter’ for strategic projects, which put the investment projects as a priority for all relevant agencies in their approval process. 

About Saint-Gobain Prima Sdn. Bhd.

Leading Malaysian manufacturer of fibre cement board solutions, catering to both interior and exterior building applications. Established in 2002, the company operates as part of the Saint-Gobain Group, a leader in light and sustainable construction. With its headquarters in Bangsar, Kuala Lumpur, and a manufacturing facility in Chemor, Perak, Saint-Gobain Prima serves the residential, commercial, and industrial sectors across Malaysia.

For media enquiries, please contact: 

MIDA
Ms. Rozita Ibrahim
Director, Building Technology & Lifestyle Division, MIDA
Email: [email protected] 
Tel.: +603 2267 3479 

Contact Details InvestPerak
Mr. Mohamad Noor Arif
Investor Relations Manager
Email: [email protected]
Tel.: +6013-4475312

Contact Details Saint-Gobain Prima Sdn Bhd
Mr. Ray Lee
Chief Sales Officer
Email: [email protected]
Tel: +6012-7231086

Saint-Gobain’s RM200m Investment Signals Major Boost for Perak’s Industrial Sector


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PASIR GUDANG, JOHOR, 9 MAY 2025 The Oryx Stainless Group (Oryx), one of the world’s leading suppliers of recycled stainless steel raw materials headquartered in the Netherlands, today officially opened its latest facility in Johor, Malaysia. The site reinforces the region’s position as a strategic hub for sustainable industrial growth.

Around 200 distinguished guests attended the landmark opening ceremony, including Yang Amat Berhormat Menteri Besar Johor, Dato’ Onn Hafiz Bin Ghazi, foreign ambassadors, and senior government officials including the Malaysian Investment Development Authority (MIDA). The facility showcases Oryx’s commitment to combining environmental stewardship with industrial excellence.

“We are proud that Johor is now home to a facility that demonstrates how climate action, industrial excellence and economic development can go hand in hand. With Oryx Stainless, we are welcoming not only an international leader in green industry – but a true partner in our journey toward sustainable prosperity,” said YAB Menteri Besar Johor, Dato’ Onn Hafiz Bin Ghazi.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA commended Oryx Stainless for the opening of their new facility, stating, “Malaysia, under the MADANI Government, has implemented specific policies to advance sustainable industrial development. Oryx Stainless Group’s new Johor facility demonstrates how international expertise can transform our manufacturing landscape. As a respected name in stainless steel recycling, Oryx Stainless strengthens both Johor’s industrial capabilities and Malaysia’s position in the global circular economy. MIDA actively supports investments that combine innovation with measurable environmental impact, particularly those creating high-skill employment opportunities for Malaysians”.

“Malaysia is key to our strategy of bringing high-quality, low carbon footprint stainless steel raw materials closer to the production centers of Asia,” said Mr. Tobias Kämmer, CEO of Oryx Stainless Holding. “Our investment in Johor is not only a business decision – it is a commitment to long-term collaboration, green growth, and shared prosperity. We are proud to contribute to Malaysia’s vision of becoming a global leader in sustainable industrial transformation.”

A milestone for Malaysia’s green transition

The facility arrives at a crucial time for Malaysia’s environmental goals, supporting the national target of 45% carbon intensity reduction per GDP by 2030 and helping attract RM300 billion in green investments. With each ton of recycled material saving up to 8.5 tonnes of CO₂, the plant’s annual impact approaches 1 million tonnes in emissions reduction.

“Only in very few industries is the recycling rate as high as in stainless steel,” explains Michael Pawlowski, Co-Founder and Chairman of the Supervisory Board of Oryx Stainless Group. “New stainless steel – with no loss in quality – can be produced from up to 90% of the materials processed on this site. The prerequisite is: Smart Recycling, as Oryx Stainless has practiced it since 1990.”

Oryx specialises in creating precise blends of recycled raw materials for various stainless steels, addressing the need for over 150 different alloys. Their process involves analysing, storing, and producing high-quality recycled materials to meet specific metallurgical compositions. This ensures consistent quality and reduces the use of high carbon footprint primary raw materials like ferronickel, ferrochrome, and ferromolybdenum. Leveraging its smart logistics and a digitised production setup, Oryx also ensures that the entire blending process is as climate-neutral as possible.

Empowering local talent

Local talent development stands central to the facility’s mission. Malaysian employees have already completed advanced training in Thailand, learning to operate specialised equipment including Malaysia’s first special Sennebogen material handlers. The workforce, drawn almost entirely from local communities, is set to double by mid-2026. Partnerships with Malaysian universities create pathways for engineering students into the growing green technology sector.

As Phase 1 begins, the facility will process 150,000 tonnes of stainless steel annually, marking a significant step forward in regional resource conservation and sustainable manufacturing. This investment demonstrates how industrial growth can drive both economic and environmental progress in Southeast Asia.

From left to right – YDH ACP Mohd Sohaimi bin Ishak, Ketua Polis Daerah Seri Alam; Yang Berbahagia Encik Mohamad Reduan bin Mohamad Zabri, Director of MIDA Johor; Yang Berhormat Dato’ Haji Mohamad Noorazam bin Dato’ Haji Osman, Chief Executive of IRDA; Yang Berhormat Tuan Haji Azizul bin Bachok, Johor State Legislative Assemblyman for Tiram; Yang Berhormat Tuan Lee Ting Han, Chairman of the Johor State Investment, Trade, Consumer Affairs and Human Resource Committee; and Yang Amat Berhormat Dato’ Onn Hafiz bin Ghazi, Menteri Besar Johor; Mr. Michael Pawlowski, Co-founder and President of the Supervisory Board of Oryx Stainless Group; Mr. Jong Min Lee, Stainless Steel Purchase Group Leader at POSCO; Mr. Tobias Kammer, Group CEO of Oryx Stainless Group; Mr. Roland Mauss, Group CFO of Oryx Stainless Group; and Mr. Marthijn Smit, CEO of Oryx Stainless Malaysia.

**The End**

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 Oryx Stainless Group

Oryx Stainless Group with its parent company Oryx Stainless Holding B. V. is an internationally leading business group for trading and processing scrap metal as a raw material for stainless steel production. Customers include producers of long and flat stainless steels around the world. On the supplier side Oryx Stainless has a wide, continuously expanding, international procurement base. As a business group that operates worldwide, delivering good service and a transport infrastructure that works smoothly are essential. The company guarantees both with their sites in Europe and South-East Asia. Since 2012 Oryx Stainless is present in Thailand with Oryx Stainless (Thailand) Co., Ltd. The company is also present in Malaysia with its subsidiary Oryx Stainless Malaysia Sdn. Bhd. in Pasir Gudang, Johor.

For more information, please contact:

MIDA
Ms. Zakiah Sajidan
Director, Machinery and Metal Division
DL: +603-22676769
Email: [email protected]

ORYX STAINLESS MALAYSIA SDN. BHD.
Marthijn Smit
Phone +66 (0) 38 571 960
[email protected]
www.oryx.com
Website: www.oryx.com

(201101030835 / (958970-U)
PTD 4692, Jalan Rumbia 4
Kawasan Perindustrian Tanjung Langsat
81700 Pasir Gudang
Johor, Malaysia

Oryx Stainless Opens New Flagship Facility in Johor, Malaysia – Strengthening Global Circular Economy and Green Steel Ambitions


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  • 400 Industry Leaders gathered to redefine Malaysia’s role in the global data economy.
  • Government Focus on digital growth with YB Liew Chin Tong, Deputy Minister MITI and MIDA’s CEO leading discussions.
  • Thought-provoking panel sessions on nurturing data centre ecosystems by key industry leaders.
  • Impactful business matching sessions for local suppliers to explore opportunities with renowned global companies.
  • Malaysia’s Data Centre Market Growth: From USD4.04 billion in 2024 to USD13.57 billion by 20301.

KUALA LUMPUR, 8 May 2025 – In a defining moment for Malaysia’s digital future, the Malaysian Investment Development Authority (MIDA) successfully hosted Data Centre Nexus 2025—a landmark event that brought together 400 stakeholders from across the digital ecosystem to reimagine Malaysia’s role in the global data economy.

The event was officiated by YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), following opening remarks by Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA.

Data Centre Nexus 2025 was designed to foster collaboration, strengthen Malaysia’s local supply chain, and address critical gaps in the data centre ecosystem. It also explored policy enablers for digital transformation and championed cloud adoption as a catalyst for innovation and economic resilience.

In his keynote address, YB Liew Chin Tong urged stakeholders in the data centre sector to collaborate and achieve multiple “wins” for Malaysia. The three missions of the data centre sector should be: leading the way in energy transition, shifting away from coal to low-emission sources; investing in a Malaysian equipment supply chain to create a “Build by Malaysia” era, growing local suppliers to achieve greater potential, and; creating data centre service jobs for Malaysia and the region across the whole value chain of the data centre sector.

Datuk Sikh Shamsul Ibrahim emphasised MIDA’s evolving role, noting, “While attracting investment is important, MIDA’s focus is also on creating value within the local ecosystem. Our immediate focus is resolute: to establish a resilient, Malaysian-grown local supply chain that directly fuels the expansion of our vital data centre infrastructure amidst global uncertainties. The presence of supply chain companies here today signals the strength and direction of Malaysia’s growing digital ecosystem.”

The event also featured presentations from AWS, Google, PDG, K2 Strategic Infrastructure Malaysia, YTL Data Centres, DayOne Data Centers, OCBC Bank, and HSBC Bank.

Seven high-impact panel sessions explored topics such as scaling data centres, building resilient digital infrastructure, AI-driven innovation, and leveraging regional opportunities for local economic benefits. The sessions highlighted the crucial role of local supply chains in powering Malaysia’s data centre growth, as well as the importance of cross-industry collaboration to strengthen the nation’s digital economy.

A business matching session connected 8 data centre operators with 18 local supply chain companies, fostering collaboration and exploring new opportunities.

Key Industry Developments

The Digital Investment Office (DIO), a platform by MIDA and MDEC, continues to support digital investments with streamlined processes and end-to-end support. Since 2021, Malaysia has approved RM278 billion in digital investments, with RM184.7 billion recorded from data centre and cloud-related projects. Malaysia’s data centre market is projected to grow from USD4.04 billion in 2024 to USD13.57 billion by 2030, driven by a 22.38% annual growth rate.

With the momentum from Data Centre Nexus 2025, Malaysia is poised to emerge as a global leader in the digital economy, powered by innovation, resilience, and strategic partnerships.


1 https://news.microsoft.com/source/asia/features/why-malaysia-needs-datacenters-for-an-ai-powered-future/

– END –

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel

For more information, please contact:

Ms. Noorzita Mohamad Nor
Director, Business Services and Regional Operations Division
Email: [email protected] | DL: +603 – 2263 2438

APPENDIX

Industry Insights from Key Players:

Infrastructure Innovation

Ts. Lim Hui Yan, Deputy Managing Director of Gamuda Engineering:

“We are embracing Industrialised Building Systems not just for speed, but for the enhanced precision and quality control it brings to complex fast-pace projects like data centres. In today’s digital age, getting these critical facilities online quickly is vital, but it cannot come at the expense of safety and quality. Our methodology ensures we deliver high-value, complex infrastructure on accelerated timelines, meeting the exacting standards required for mission-critical operations right here in Malaysia.”

Local Vendor Opportunities

Mr. Won Moon Fui, Deputy Director of Engineering at Dunham-Bush Malaysia:

“With the influx of data centre projects, the demand for high-quality local services from electrical systems to precision cooling is rising rapidly. This is a once-in-a-generation opportunity for Malaysian vendors, and we’re proud to contribute to Malaysia’s journey toward becoming a leading regional digital hub.”

Future Growth Potential

Ts. Ng Wei Lin, General Manager of Maytech Cleanroom Manufacturing Sdn. Bhd.:

“The momentum is strong. With continued government support and clearer local content strategies, Malaysian companies are well-positioned to lead Asia’s digital infrastructure wave. This thriving ecosystem has not only enabled us to grow — it has empowered us to innovate.”

MIDA Powers Up Malaysia’s Digital Future at Data Centre Nexus


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Doubles HDI Manufacturing Capacity by Establishing Second Facility in Batu Kawan

Batu Kawan, Penang, Malaysia, 30 April, 2025 – Sustio Sdn, Bhd. (Sustio) inaugurated its second operations facility in Batu Kawan, Penang.

Sustio was established in Penang in May 2022 as a premier manufacturer and supplier of PCBs (printed circuit boards) and substrates for the semiconductor industry. Building on SIMMTECH’s legacy of innovation – with manufacturing facilities in Korea, China, and Japan – Sustio is dedicated to advancing technological excellence while fostering economic growth in local communities.

Since its inception in Batu Kawan three years ago, Sustio has invested approximately RM750 million to develop Southeast Asia’s first advanced manufacturing facility of its kind. This strategic expansion has generated 1,400 high-value jobs, strengthening Malaysia’s role in the global semiconductor supply chain.

Looking ahead, Sustio is poised for further growth with plans tailored for AI-driven applications. The SIMMTECH Group has designs on Sustio Building 3 at its current site and has secured an additional 10 acres of land for Sustio Building 4, signalling a long-term commitment to innovation and expansion in the region.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang stated, “The SIMMTECH Group’s long-term commitment—evidenced by plans for Sustio Building 3 and an additional 10-acre site for Building 4—signals a bright future for Batu Kawan as a site for advanced electronics manufacturing. .” He added, “As Penang continues to strengthen its position as the ‘Silicon Valley of the East,’ the State Government remains committed to enhancing infrastructure that supports and complements investor needs.”

In her speech, Mrs. Zalina Zainol, Deputy Chief Executive Officer (Investment Development) of Malaysian Investment Development Authority (MIDA), congratulated the company, affirming, “Sustio’s bold expansion reflects exactly the kind of forward-thinking ambition we are proud to support in Malaysia.  By aligning its strategies with next-generation technologies, especially AI-driven innovations, Sustio is not just growing its business; it is helping to energise and elevate our entire semiconductor ecosystem.

“At MIDA, we believe success is about creating real opportunities for local companies,  particularly through vendor development programmes in key areas like automation, raw materials, and quality control. Whether from our headquarters or right here on the ground in Penang, MIDA stands ready to support Sustio — not just today, but every step of the way, as we build a brighter, more innovative future together”, she further added.

“Our investments in Malaysia reflect our confidence in the country’s talent, infrastructure, and strategic position in the semiconductor industry,” said Mr. Jeffery Chun, CEO of SIMMTECH Co. Ltd. “With Sustio’s cutting-edge capabilities, we are not only supporting global technology demands but also empowering local economic development.”

The ribbon cutting ceremony was graced by the presence of the Chief Minister of Penang State, Chow Kon Yeow, together with many other distinguished guests from MIDA, Invest Penang, Penang Development Corp, Ambassador of Malaysia to Korea, Ambassador of Korea to Malaysia, and numerous key customer representatives, including Micron and SanDisk.   

– END –

About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About InvestPenang
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (GBS) Focus Group (promoting and developing digital economy) and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.

About SIMMTECH
SIMMTECH is a global leader in the manufacture of high-performance semiconductor package substrates and printed circuit boards (PCBs), serving the world’s top memory and logic chipmakers. Since its founding in 1987, SIMMTECH has continuously advanced semiconductor packaging technologies—from pioneering the mass production of module PCBs in the 1990s to becoming the first Korean company to supply package substrates for DRAM and NAND flash.

Headquartered in Cheongju, South Korea, Simmtech operates advanced manufacturing and R&D facilities in Xi’an (China), Chino (Japan), and Penang (Malaysia), strategically positioned to support customers across the global semiconductor value chain. With a strong commitment to innovation, reliability, and long-term partnerships, Simmtech continues to enable next-generation technologies worldwide.

For more information, please contact:

MIDA
Mr. Mohd Mazlan Mokhtar
Director, Electrical & Electronics Division, MIDA
Email: [email protected] | DL: +603-2267 6655

InvestPenang
Elaine Cheah / Arief Ferdaus
Communications & Business Intelligence
E: [email protected] / [email protected]
T: +604-646 8833

SIMMTECH / Sustio
Ben Lee
Finance Group Head
E: [email protected]
T: +6012-247-1921

Sustio, a SIMMTECH Group Company, Completes Its RM326 Million Phase 2 Expansion


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Strategic Partnership Launches Innovative Fund to Strengthen Domestic Semiconductor Ecosystem and Drive Sustainable Growth

Kuala Lumpur, 28 April 2025 – The Malaysian Investment Development Authority (MIDA), the Federation of Malaysian Manufacturing (FMM), and Bintang Capital Partners (Bintang Capital) have joined forces through a landmark Memorandum of Understanding (MoU) signed on 16 April 2025. This strategic alliance introduces the Bintang Semiconductor Impact Fund I (BSIF I), designed to revolutionise Malaysia’s semiconductor industry while promoting sustainable practices and social impact.

At the heart of this collaboration is the Bintang Semiconductor Impact Fund I (“BSIF I” or “the Fund”), a fund aimed at future-proofing Malaysia’s semiconductor industry by addressing both social and environmental opportunities within the sector.

MIDA CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid emphasised the importance of the collaboration, stating, “This transformative partnership marks a pivotal moment in Malaysia’s semiconductor journey. By combining MIDA’s strategic oversight, FMM’s extensive industry network, and Bintang Capital’s financial expertise, we’re creating a powerful ecosystem that will elevate local companies to global standards. Our focus is to develop world-class capabilities, attract premium investments, and establish Malaysia as a trusted global semiconductor hub. This collaboration provides the perfect platform to nurture innovation, drive sustainable practices, and create lasting economic impact for our nation.”

FMM President Tan Sri Soh Thian Lai added, “As the voice of the manufacturing sector, FMM is pleased to support this initiative, which will enable local businesses to enhance their capabilities, tap into funding opportunities, and adopt best practices in governance and sustainability, at the same time, aligning with FMM’s ambitious aspiration to cultivate 100 IPO-ready companies within five years. Helping companies become IPO-ready and granting them access to financing are crucial steps in enabling their growth. FMM is dedicated to assisting SMEs in their journey to expand and thrive. By supporting these promising enterprises, FMM aims to strengthen Malaysia’s manufacturing landscape, driving innovation and competitiveness across the region.”

The partnership aligns perfectly with Malaysia’s National Semiconductor Strategy (NSS) goals, focusing on developing local semiconductor capabilities and supporting SME growth. Through BSIF I, the collaboration aims to strengthen the domestic semiconductor value chain while preparing companies for potential initial public offerings.

Bintang Capital CEO Johan Rozali-Wathooth remarked, “As the saying goes, It takes a village to raise a child – the collaboration between Bintang Capital, MIDA and FMM brings together three critical elements needed to ‘raise’ a vibrant and sustainable high technology manufacturing industry. The collaboration combines Bintang Capital’s investment and impact track record, MIDA’s deep policy expertise, and FMM’s extensive networks within Malaysia’s manufacturing sector. On the impact front, Bintang Capital is a passionate advocate for building companies which represent the very best ideals of responsible capitalism: companies which meet the highest standards of governance and ethicality as represented by B Corp Certification, that also promote and support the empowerment of women, and who also champion environmental sustainability. Our success will put Malaysia on the global map in terms of having a highly differentiated and impactful high-technology manufacturing ecosystem.”

BSIF I will target investments in companies within and adjacent to the semiconductor value chain, including high-tech manufacturing and automation. The fund emphasises carbon transition initiatives and promotes career development opportunities for women, while adhering to global B Corp certification standards.

-END-

MIDA CEO, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid
President of FMM, Tan Sri Soh Thian Lai
CEO of Bintang Capital, Mr. Johan Rozali-Wathooth

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 channel.

About FMM

The Federation of Malaysian Manufacturing (FMM) (formerly known as Federation of Malaysian Manufacturers) has been the voice of the Malaysian manufacturing sector since 1968, advocating policies and initiatives that drive industrial growth, competitiveness, and workforce development. Representing over 13,000 member companies (4,100 direct and 8,900 indirect) from the manufacturing supply chain, FMM is actively engaged with government and its key agencies at Federal, State and local levels. FMM is also well-linked with international organisations, Malaysian businesses and civil society. Apart from benefitting from FMM’s advocacy, FMM members enjoy value-added services including training, business networking and trade opportunities as well as regular information updates.

About Bintang

Founded in 2018, Bintang is a leading impact investment firm headquartered in Kuala Lumpur, Malaysia. Anchored on Bintang’s Triple-I Strategy of “Investing in Impact & Innovation”, the Firm backs visionary entrepreneurs who are aligned to Bintang’s twin core investment philosophies of Innovation and Impact.

Bintang’s efforts within the Impact Investing space have met with widespread regional and global acclaim: in October 2024, the Firm achieved a landmark milestone as the first Southeast Asian firm to win at the 2024 United Nations-supported Principles for Responsible Investment (“UN PRI”) Awards and the first Asian firm to win the Private Markets prize. More recently, Bintang was also awarded the prestigious 2024 National UN Women’s Empowerment Principles (“UN WEPs”) Innovative Financing Award for promoting gender diversity and inclusivity.

In 2023, the Firm won the Innovative Investment prize at the ASEAN Business Advisory Council 2023 awards and was also named Global SME of the Year at the Environmental Finance Sustainable Company 2023 awards. Bintang has also been recognised as a Top Impact Company by Real Leaders Magazine in January 2024.

On 21 May 2023, Bintang became a certified B Corporation, the first private investment firm in Southeast Asia to receive this certification. As part of the Firm’s ambition to promote responsible capitalism, Bintang aspires to build 150 B Corp certified portfolio companies by the year 2050.

Bintang was amongst the earliest Malaysian private sector signatories to the UN PRI and is also the first (and presently only) Malaysian signatory to the Operating Principles for Impact Management (“the Impact Principles”), an initiative hosted by the Global Impact Investing Network (“GIIN”).

The Firm’s maiden fund, BCP Asia Fund I (“BCPAF I”) is anchored by Jelawang Capital, a catalytic fund of funds programme under Khazanah Nasional Berhad, the Malaysian state sovereign wealth fund.

BCPAF I invests in highly impactful, high performance innovative companies who are committed towards B Corp certification as well as decarbonisation and women’s empowerment.

Recent investments made by Bintang include Blue Planet, a waste management and landfill management solutions provider; Involve Asia, a B Corp certified technology company that operates a performance-based marketing platform; and Care Concierge, a B Corp certified multi-award-winning provider of elderly care solutions.

Bintang’s shareholders comprise leading independent Malaysian asset management group, AHAM Asset Management Berhad and the Malaysian Armed Forces Fund Board (Lembaga Tabung Angkatan Tentera, or LTAT) as well as leading global alternative asset investment manager CVC Capital Partners as well as leading independent Japanese asset management house Nikko Asset Management.

In March 2024, Bintang launched its sequel impact funds, BCP Asia Fund II (a sector-agnostic B Corp propagator fund) as well as Bintang Semiconductor Impact Fund I (a semiconductor-ecosystem focused B Corp propagator fund) – collectively referred to as “Sequel Funds” – both of which aim to encourage adoption of the B Corp model and to collect a comprehensive dataset covering a range of impact metrices across environmental, social, and governance pillars.

Bintang’s Sequel Funds have also recently earned a Gold Rating from BlueMark’s Fund ID programme, an independent benchmark for evaluating fund-level impact performance which recognised Bintang’s funds’ comprehensive impact strategy, governance, and management practices.

Further information about Bintang is available at www.bintangcapitalpartners.com.

For Media Inquiries, please contact:

MIDA
Pn. Fatmah Ahmad
Director
Corporate Communications Division
[email protected]

FMM
Han Mong Ying
Senior Manager, Corporate Affairs
Tel: 03-6286 7200
Email: [email protected]

Bintang
Justin Seow
[email protected]   
+6019 228 6618

Lee Sheung Un
[email protected]         
+6017 296 3781

Charlene Lionel
[email protected]         
+6013 778 2483

MIDA, FMM, and Bintang Capital Unite to Transform Malaysia’s Semiconductor Industry


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RM1 Billion Expansion Underscores Malaysia’s Strategic Role in the Global Semiconductor Value Chain

KEDAH, 23 April 2025 – Ferrotec Holdings Corporation marked a major milestone yesterday with the groundbreaking of its second high-tech manufacturing facility at Kulim, Kedah, with an investment of RM1 billion (USD226 million). This reinforces its long-term commitment to Malaysia and its growing role in the global semiconductor industry. Set for completion within a year, the second facility will strengthen Ferrotec’s Southeast Asian footprint, enabling faster delivery, enhanced customer service, and greater innovation for global markets across Asia, Europe, and the Americas, bringing the company’s total Malaysian investment to RM1.9 billion.

The ceremony was graced by distinguished guests including Mr. Noor Ikhsan Bin Abdul Aziz (COO, Invest Kedah), Mr. Mohd Rushdan Mohd Ghazali (Director, MIDA Kedah), Ar. Haji Mohd Nazri Bin Harun (MPKK), Mr. Bao You Wei (President of Ferrotec HangZhou), Mr. He Xian Han (Group CEO & President, Ferrotec Holdings Corporation), Mr. Takeru Yamamura (CEO, Ferrotec Manufacturing Malaysia), and Mr. Anzhi He (Managing Director, Ferrotec Manufacturing Malaysia).

The new Kulim Factory #2 will span nearly 1 million square feet across 20 acres and feature over 700 CNC machines, smart production lines, IoT-enabled systems, and predictive maintenance capabilities – embodying Industry 4.0 principles. It is expected to create over 1,000 high-value jobs, enhancing Ferrotec’s precision manufacturing capacity for semiconductor components.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, congratulated Ferrotec on this significant milestone, stating “Ferrotec’s continued expansion in Malaysia underscores the country’s position as a premier destination for high-tech investments in the semiconductor industry. This commitment not only reflects investor confidence in our policies, infrastructure, and talent—but also reinforces our ambition to become a regional leader in advanced manufacturing. MIDA is proud to support Ferrotec’s journey as it strengthens the global semiconductor value chain from the heart of Kedah. We look forward to even greater collaboration as Malaysia advances its New Industrial Master Plan 2030 and fosters innovation-driven, sustainable growth.”  

“The groundbreaking of our second plant in Kulim is not only an important milestone in the history of Ferrotec, but also a true reflection of our deep cooperation on building the semiconductor industry chain. The success of our first facility has proven the validity of Ferrotec’s strategy of “rooting in Malaysia and serving the global market.” It has strengthened our confidence to deepen cooperation and expand investment, setting a benchmark for Ferrotec’s ventures in Malaysia. The strong support from the Malaysian government, Kedah state, and MIDA has given us the confidence to expand our presence here and further integrate into Malaysia’s vibrant semiconductor ecosystem.  With our second facility, we aim to better serve our global customers with high-quality, innovative components and to contribute to the creation of a collaborative, resilient, and forward-looking semiconductor value chain in Malaysia and beyond.” said Mr. He Xian Han, Group CEO & President.

Speaking at the event, Mr. Anzhi He, MD of Ferrotec Manufacturing Malaysia, said: “Kulim Plant #2 is not merely an expansion – it is a statement of confidence in Malaysia’s thriving semiconductor ecosystem. This plant is not just bigger—it is smarter. Powered by Industry 4.0 technologies, it embodies Ferrotec’s vision for a modern factory where machines learn, adapt, and collaborate with human ingenuity.”  He added, “Together with the support of MIDA, KTPC, and the Kedah State Government, we are not just building factories – we are shaping the future of AI and the fast-growing digital economy, powered by Malaysian talent and Ferrotec’s 45 years of engineering excellence.”

This expansion aligns with Malaysia’s New Industrial Master Plan 2030 (NIMP) and Kedah’s E10 initiative, both of which aim to position the country as a regional hub for advanced manufacturing and digital transformation. Ferrotec remains guided by its core values of Diligence, Aspiration, Exploration, and Innovation, driving sustainable growth and deeper collaboration in Malaysia and beyond.

**The End**

Kulim Plant 2 Groundbreaking Ceremony

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 Ferrotec
Founded in 1980, on a technology core of Ferrofluid magnetic liquid and Ferrofluidic® sealing products, Ferrotec Holdings Corporation (6890 TSE Standard) is a worldwide leader in the supply of materials, components, and precision system solutions for industrial businesses. Ferrotec is a diversified world-class industrial organization with a global presence in a broad array of technology driven end markets (semiconductors, automotive, biomedical applications, smart phones, LEDs and FPDs). More information about Ferrotec’s products can be found at:

https://www.ferrotec.com/
https://ferrotec.my/

For more information, please contact:

MIDA
Ms. Zakiah Sajidan
Director, Machinery and Metal Division
DL: +603-22676769
Email: [email protected]

Ferrotec
Ms. Tan Ai Leng
Associate Director of Ferrotec Manufacturing Malaysia Sdn Bhd
T: 04-202 4000
E: [email protected]

Ferrotec Breaks Ground on Its Second High-Technology Manufacturing Facility in Kulim, Kedah


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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.

**The End**

Jingxing Piling Ceremony
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO

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]

Jingxing Group Commits RM1.9 Billion for Malaysian Expansion


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Kuala Lumpur, Malaysia and Osaka, Japan, 17 April 2025 – A groundbreaking renewable energy partnership was announced yesterday at Expo 2025 Osaka, marking a significant milestone in Malaysia’s green energy sector. Solarvest Holdings Berhad (“Solarvest”) and HSS Engineering Sdn. Bhd. (“HSS”), alongside their Japanese partner, Shizen Malaysia Sdn. Bhd. (“Shizen”), are proud to announce a 29.99 MWac solar project under SM01 Sdn. Bhd. (“SM01”). The project, to be developed in Gurun, Kedah, represents a RM142 million investment and is expected to reduce carbon emissions by over 1.1 million metric tonnes of CO₂ throughout its lifetime.

The Malaysian Investment Development Authority (MIDA) facilitated this landmark project under the Government’s Green Investment initiative, demonstrating Malaysia’s commitment to fostering international collaboration in sustainable energy development. The project stands as a testament to the country’s growing reputation as a regional hub for green technology and sustainable investments.

The event was graced by the presence of Datuk Bahria Mohd Tamil, Deputy Secretary General (Management and Investment) of MITI and Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer of Investment Promotion and Facilitation of MIDA.

Under the Corporate Green Power Programme, SM01’s ownership structure reflects a balanced international partnership, with equal contributions from Shizen Malaysia Sdn. Bhd., Solarvest Asset Management Sdn. Bhd., and HSS Engineering Sdn. Bhd. The involvement of Shizen Malaysia, a subsidiary of Japan’s Shizen Energy Inc., brings valuable international expertise and technological knowledge to the Malaysian renewable energy landscape.

Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer of Investment Promotion and Facilitation, MIDA, shared his vision for the project, “This partnership exemplifies Malaysia’s commitment to sustainable development and our position as a prime destination for green investments in the region. The SM01 project aligns perfectly with our National Energy Transition Roadmap, demonstrating how international collaboration can accelerate our journey towards a low-carbon future. MIDA remains dedicated to facilitating such high-impact green initiatives that not only contribute to environmental sustainability but also drive economic growth and technological advancement in Malaysia’s renewable energy sector.”

Davis Chong Chun Shiong, Executive Director and Group Chief Executive Officer of Solarvest, said: “We are honoured to receive the approval from MIDA, which underscores the government’s confidence in our capabilities and commitment to clean energy. This incentive boosts the financial sustainability of the SM01 project and demonstrates the value of international collaboration, particularly with our esteemed Japanese partner, Shizen. As we accelerate our involvement as a renewable energy infrastructure developer, we remain focused on delivering impactful, reliable, and commercially viable clean energy projects in Malaysia by leveraging international partnerships and innovation-driven solutions.”

Reza Ikram, Chief Executive Officer of Shizen Malaysia Sdn. Bhd. said: “Malaysia’s stable economic environment and supportive government policies create a conducive landscape for renewable energy investments. The incentive is an enabler that enhances investor confidence by improving return potential. Our collaboration with renowned Malaysian local partners such as Solarvest and HSS further reinforces our trust in Malaysia’s green investment ecosystem. As a Japanese renewable energy developer and investor, our focus is on delivering affordable and reliable clean energy to corporate offtakers by financing large-scale clean energy projects. We are proud to partner with Solarvest and HSS in advancing sustainable energy solutions that support the environmental ambitions of both Malaysia and Japan. This collaboration represents a meaningful step forward in strengthening Japan–Malaysia cooperation in renewable energy through strategic international partnerships.”

Tan Sri Ir. Kuna Sittampalam, Executive Vice Chairman cum Acting Group Chief Executive Officer of HSS Engineers Berhad, said: “We are proud to be part of the project driving Malaysia’s key clean energy initiative. We welcome the government’s support in the form of the incentive, which enhances the financial viability of the SM01 project. As an engineering and project management partner, HSS is committed to advancing high-impact infrastructure that supports Malaysia’s sustainable development agenda. We look forward to continuing our collaboration with Solarvest and Shizen to deliver innovative and resilient renewable energy solutions for the future.”

Themed “Weaving a Future in Harmony”, the Malaysia Pavilion at Expo 2025 Osaka serves as a platform to showcase the country’s inclusive, innovative, and sustainable vision, while promoting its position as a regional hub and premier destination for trade and investment, especially in high-growth sectors such as sustainable green technology. This initiative reinforces the nation’s image as a competitive and future-ready investment destination on the global stage.

-END-

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO

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 today 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 and Facebook, LinkedIn, TikTok and YouTube channel.

About Shizen Energy Group
Founded in June 2011, Shizen Energy Group is driven by the purpose, “We take action for the blue planet,” with this commitment fuels its drive to accelerate the global shift to renewable energy by harnessing solar, wind, and biomass power to create sustainable solutions that minimize environmental impact while fostering economic growth in local communities.

Since 2016, Shizen Energy has expanded its reach internationally, with projects in Southeast Asia and Brazil. In 2019, the company diversified into energy technology, introducing innovations such as micro-grids, virtual power plants (VPP), and smart EV charging services through its proprietary energy management system (EMS). With over 1 GW of renewable energy generated worldwide and recognition as the top startup by Forbes Japan in 2024, Shizen Energy continues to lead the industry.

The Shizen Energy Group remains dedicated to prioritizing environmental sustainability and the well-being of communities, ensuring the creation of thriving, resilient futures for all. For more information, log on to https://www.shizenenergy.net/en/.

About HSS Engineers Berhad
HSS Engineers Berhad (HEB Group or the Group) is an investment holding company incorporated on 23 January 2015 under the Companies Act, 1965 as a private limited company under the name of HSS Engineers Sdn. Bhd. before it was converted into a public limited company. The Company assumed its present name on 31 March 2015.

Through its subsidiaries and associates, the Group is principally involved in the provision of project management, engineering design, construction supervision, in addition to digital transformation services and recurring income.

The Group is supported by a workforce of approximately 1,000, of which more than half are professional engineers, and possesses longstanding experience in a wide array of sectors including urban infrastructure, transportation planning, roads and highways, railways and metro systems, water resources and supply, waste management, building and structures, power generation, and recently diversified into telecommunications and digital technology.

For more information, log on to www.hssgroup.com.my

About Solarvest Holdings Berhad
Solarvest is a clean energy expert with a multi-national presence across Asia-Pacific in 8 countries. The Malaysia-founded company started as a one-stop solar photovoltaic system solution provider for residential, commercial & industrial, and utility-scale solar farms. Today, Solarvest has accumulated a renewable energy portfolio of over 2,000MW (on-going and completed). The company is currently venturing into other clean energy solutions including, among others, hydrogen, battery storage, data centre, energy efficiency, low-carbon mobility, and renewable energy certificates. Solarvest is listed on the Main Market of Bursa Malaysia. For more information, log on to https://solarvest.com.

For more media inquiries, please contact:

MIDA
Mr. Nelson Samuel

Director of Green Technology Division
Email: [email protected]
Tel.: +603-2267 3635

Solarvest
Jowin Lee Joo Yun

PR and Corporate Communication
Solarvest Holdings Berhad
Phone: +60 12 443 6088
Email: [email protected]

MIDA Facilitates Renewable Energy Collaboration by Solarvest, Shizen and HSS Under Corporate Green Power Programme at Expo 2025 Osaka


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Seremban Facility Marks Strategic Expansion in Southeast Asian Aerospace Manufacturing

SEREMBAN, 15 April 2025 MY NAFCO PRECISION SDN. BHD. (“NAFCO”), a global leader in aerospace fasteners and precision machining components, today unveiled its advanced manufacturing facility in Seremban, Negeri Sembilan. The state-of-the-art facility represents a USD40 million investment commitment over the next decade. The initial 5.8-acre complex features 3,500 square meters of advanced manufacturing space. NAFCO has announced plans for a second facility spanning 19,000 square meters, scheduled for completion within two years.

The grand opening ceremony drew distinguished guests including YB Tuan Teo Kok Seong, Negeri Sembilan State Executive Councilor, key government officials including senior representatives from the Malaysian Investment Development Authority (MIDA). The event also welcomed NAFCO’s board of directors, executive leadership team, valued industry partners, strategic suppliers, and dedicated employees, marking a significant milestone in Malaysia’s aerospace manufacturing sector.

From left to right –  YB Tuan Teo Kok Seong, Negeri Sembilan State Executive Councilor; Mr. Francis Tsai, NAFCO Chairman; Mr. Alvin Lin, NAFCO President; TS. Norhizam Ibrahim, Executive Director, Manufacturing Development (Non-Resource) MIDA.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, highlighted the strategic importance of the investment, “NAFCO’s establishment of this advanced manufacturing facility represents a transformative moment for Malaysia’s aerospace industry. This investment aligns perfectly with our New Industrial Master Plan 2030 and the Malaysia Aerospace Industry Blueprint 2030, positioning Malaysia as a premier destination for high-technology manufacturing. The facility will serve as a catalyst for job creation, technology transfer, and the development of our local aerospace ecosystem. NAFCO’s decision to choose Malaysia demonstrates our nation’s growing reputation as a trusted partner in global aerospace manufacturing.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA

Speaking at the event, Mr. Alvin Lin, President of NAFCO Group, stated, “From Taiwan to the world, NAFCO Group is proud to witness this key milestone in our global expansion—the official launch of our Malaysia plant. Today’s inauguration signifies the beginning of a new era of smart manufacturing for NAFCO in Malaysia. This facility will serve as a foundation for our vision of sustainable and intelligent manufacturing, representing our commitment to fulfilling customer needs and our determination to contribute to the development of Malaysia’s aerospace technology ecosystem.”

NAFCO remains committed to delivering comprehensive, reliable one-stop solutions in aerospace fasteners and precision machining for global customers. This investment joins Malaysia’s growing aerospace sector with RM1.5 billion in approved investments for 2024. With this expansion, NAFCO pledges to provide a diverse range of high-quality products and services, further advancing innovation in the aerospace industry while supporting Malaysia’s vision to capture 5% of the global MRO market share by 2030.                                                              

*****

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 NAFCO Group (www.nafco.com.tw)

 Founded in 1997, NAFCO Group, a Taiwan listed company, operates manufacturing facilities in Taoyuan (Taiwan), Suzhou (China), and Negeri Sembilan (Malaysia). The company is a certified supplier for major aerospace OEMs, holding NADCAP, AS9100 aerospace quality certification, and IATF 16949 automotive management system certification. NAFCO supplies aerospace fasteners and structural components to global aerospace engine manufacturers, including GE Aerospace, Safran group, Pratt &Whitney and Rolls-Royce.

In recent years, NAFCO has integrated Industry 4.0 technologies and smart factory automation solutions into its manufacturing operations. This includes the implementation of IoT-based anomaly detection, data analytics to optimize production processes, and the use of AIoT (Artificial Intelligence of Things) to enhance productivity and efficiency in its factories. Additionally, NAFCO has continuously advanced its manufacturing expertise, developing high-value precision machining capabilities for aerospace components and obtaining forging supplier certifications. To date, NAFCO has successfully certified over 6,000 aerospace products and has received multiple Best Supplier recognitions from leading aerospace and industrial manufacturers. NAFCO remains committed to being the most trusted partner in the aerospace fasteners and precision machining industry, delivering reliable one-stop solutions and innovative, high-quality products to the global aerospace market. For more details, visit https://www.nafco.com.tw/about-en/ and follow us on LinkedIn(https://www.linkedin.com/company/nafco-fasteners-and-machining-solution-provider/posts/?feedView=all).

For more information, please contact: 

MIDA
Ms. Noor Suziyanti Binti Saad
Director
Transportation Technology Division
T: 03-2267 3575
E: [email protected]

NAFCO Group
Sales Team
📍A: No.1, Taiping East Road, Pingzhen District, Taoyuan City 324, Taiwan, R.O.C.
📧E: Sales: [email protected]
Website: https://www.nafco.com.tw/about-en/

Linkedin: https://www.linkedin.com/company/nafco-fasteners-and-machining-solution-provider/posts/?feedView=all

NAFCO Group Launches Cutting-Edge Aerospace Manufacturing Facility In Malaysia With USD40mil Investment


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New Strategic Pass Cuts Red Tape, Strengthens Malaysia’s Investment Hub Proposition

KUALA LUMPUR, 28 March 2025 – Effective 1 April 2025, the Malaysian Investment  Development Authority (MIDA) will spearhead a new innovative immigration initiative called the Investor Pass, presenting a major improvement in the nation’s investment  proposition. The Investor Pass – with its enhanced entry mechanism designed specifically  for existing and new investors under the current Social Visit Pass. 

Under the new Investor Pass, business travelers will enjoy a full six-month stay with the  option to extend for an additional six months, compared to the existing Social Visit Pass  with Single-Entry Visa’s 14 to 90-day limitation. Coupled with the Multiple Entry Visa  feature, the Investor Pass enables seamless cross-border movement into Malaysia during  the pass validity period, addressing global business’ ease of doing business. Processing  time for the Investor Pass is only five (5) working days until the approval by the  Immigration Department of Malaysia, saving precious administrative time on the  investors’ part, enabling them to focus on what really matters for their business. 

YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment,  Trade, and Industry (MITI), emphasised the importance of this initiative. “As Malaysia ups  its game on attracting investors from target sectors under the New Industrial Master Plan  2030, it is equally crucial to reduce bureaucracy and enhance their ease of doing  business. The Investor Pass is a strategic step in that direction, facilitating seamless entry  into Malaysia for both existing and new investors. This initiative also reflects the MADANI  Government’s commitment to reducing bureaucracy so we can build an efficient  investment framework that supports both investors and Malaysia’s long-term economic  goals.” 

MIDA Chief Executive Officer, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, highlighted  MIDA’s strengthened role in investment facilitation. “The Investor Pass provides a clear  and structured entry process for investors, reducing delays that can slow business  decisions. This initiative ensures that those serious about investing in Malaysia can do so  with greater certainty. MIDA’s role goes beyond issuing support letters—we actively connect investors with the right networks, policies, and resources to help them establish  and grow their presence here.” 

The pass is designed for three categories of foreign investors: 

1. New Investors – Those exploring their first investments in Malaysia. 2. Investors under Consideration – Those in discussions with the government or  awaiting project approvals from MIDA. 

3. Existing Investors – Individuals with established investments or affiliations with  Malaysian companies (excluding those under local employment). 

The initiative is a testament to the strategic collaboration between MIDA and the Ministry  of Home Affairs, the Immigration Department of Malaysia and Talent Corporation  Malaysia Berhad. With MIDA spearheading the evaluation and issuance of supporting  letters for eligible business travelers, the Immigration Department of Malaysia will grant  final approval. Application can be submitted through the Xpats Gateway system at  https://xpatsgateway.com.my/

For more information and procedures, please visit MIDA website at https://www.mida.gov.my/

-END 

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 channel

For more information, please contact:

MIDA
Pn. Azrina Hashim
Director of Industry Talent Management and Expatriate Division
T: + 603-2267 3431 / 3529
E: [email protected] 

New Investor Pass Facilitates Fast-Track Entry for Global  Investors And Businesses From 1 April 2025


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PENANG, Malaysia, 21 March 2025 – Hotayi Electronic (M) Sdn. Bhd. launched its ambitious Phase 3 expansion today with a groundbreaking ceremony in Batu Kawan, Penang. The RM500 million investment will create a cutting-edge smart manufacturing facility spanning 380,000 square feet. The project will generate 1,000 new high-skilled jobs in the region.

The ceremony was attended by key customers, government officials, and industry partners, highlighting the strong collaboration between Hotayi and Malaysia’s thriving electronics ecosystem.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang, stated, “Since its establishment in 1992, Hotayi has been continuously investing in the operation here in Penang. Today, we witness another milestone for Hotayi to ground break its new state-of-the-art facility.” He added, “Penang is grateful for Hotayi’s continuous investment in Penang, which highlights the confidence Hotayi places in Penang’s existing robust industrial ecosystem, which enables the company to thrive and grow.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), emphasised, “Hotayi’s latest investment reflects Malaysia’s continued progress in high-tech manufacturing and its growing reputation as a global electronics hub. This expansion not only drives innovation and smart manufacturing but also strengthens the broader industrial ecosystem, supporting a more resilient and efficient supply chain. MIDA remains committed to facilitating strategic investment like this, ensuring they create high-skilled job opportunities for Malaysians, contributing to sustainable economic growth and talent development.”

“Our Phase 3 expansion represents a major milestone in Hotayi’s journey to redefine manufacturing excellence. By integrating cutting-edge smart factory technologies, we aim to enhance quality, efficiency, innovation and sustainability while supporting our customers’ evolving needs,” said Dato Goh Guek Eng, CEO of Hotayi Electronic.

The expansion will feature advanced automation, AI-driven analytics, and IoT-enabled processes, reinforcing Hotayi’s leadership in smart manufacturing. This investment aligns with Malaysia’s New Industrial Master Plan 2030, which focuses on technological advancements and local talent development.

Since its establishment, Hotayi has been a key player in Malaysia’s electronics industry, continuously investing in infrastructure and talent to support global customers. This latest expansion reflects its confidence in Malaysia as a strategic manufacturing hub.

For more information, please visit www.hotayi.com.

-END-

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 channel.

About InvestPenang
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (GBS) Focus Group (promoting and developing digital economy) and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.

About Hotayi Electronic (M) Sdn. Bhd.
Founded in 1992, Hotayi Electronic (M) Sdn. Bhd. is a leading electronics manufacturing services (EMS) provider, specializing in high-quality, innovative, and reliable solutions for global brands. With a strong focus on smart manufacturing, sustainability, and cutting-edge technology, Hotayi serves industries including communications, automotive, data centers, and memory products.

With over three decades of experience, Hotayi has continuously expanded its footprint, investing in state-of-the-art smart factories and integrating AI-driven manufacturing to enhance efficiency and quality. The company’s unwavering commitment to excellence, customer satisfaction, and industry innovation has positioned it as a trusted partner for multinational corporations worldwide.

For more information, please contact:

MIDA
Mr. Mohd Mazlan Mokhtar

Director of Electrical & Electronics Division
T: + 603-2267 3638
E:[email protected]

InvestPenang
Ms. Elaine Cheah / Mr. Arief Ferdaus
Communications & Business Intelligence
T: 604-646 8833
E: [email protected]/ [email protected]

Hotayi
Mr. Jordan Lee

Planning & SCM Director
T: +604-506 9898
E: [email protected]

Hotayi Electronic (M) Sdn. Bhd. Breaks Ground on RM500 Million Smart Factory Expansion, Creating A Thousand Jobs


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KEDAH, 17 March 2025 – EVE Energy Co. Ltd. (EVE Energy) has officially committed to a significant expansion of its Malaysian operations, signing a landmark Memorandum of Understanding (MoU) with InvestKedah. The agreement, focusing on Phase 2 of EVE Energy’s manufacturing facility development, promises to revolutionise Malaysia’s energy storage capabilities while creating substantial employment opportunities.

The MoU was formally signed on 16 March 2025 between Mr. Noor Ikhsan Bin Abdul Aziz, Chief Operating Officer of InvestKedah, and Mr. Liu Jian Hua, President of EVE Energy Co. Ltd. The signing ceremony was witnessed by Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), highlighting the strategic significance of this collaboration.

EVE Energy’s “Phase 2 expansion” is designed to meet escalating global demand for energy storage system (ESS) solutions, driving innovation and sustainability within the sector. This project will generate over 1,000 new job opportunities, reflecting the company’s commitment to Malaysia’s economic development. Furthermore, EVE Energy is dedicated to forging strong alliance with Malaysian suppliers, fostering a robust and technologically advanced local supply chain.

By prioritising collaboration with local vendors, EVE Energy aims to establish a comprehensive battery manufacturing ecosystem in Malaysia. The influx of international suppliers through this expansion will provide valuable mentorship and technical expertise, empowering Malaysian enterprises and propelling growth within the local industry.

YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade, and Industry (MITI), expressed his strong support for the initiative, “EVE Energy’s Phase 2 expansion in Kedah is a powerful testament to how clearly Malaysia has articulated its position as a forward-thinking hub for advanced manufacturing and sustainable energy solutions, through policies such as the New Industrial Master Plan (NIMP) 2030, the National Automotive Policy (NAP) and the National Energy Transition Roadmap (NETR). This strategic investment in cutting-edge battery production for energy storage systems plays a pivotal role in strengthening our national energy security and commitment to environmental sustainability, by advancing the electrification and next-generation vehicle technology. What is equally important is how this helps foster a more robust local supply chain and creates high-value job opportunities, paving the way for Malaysia to lead in Southeast Asia’s green economy.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, emphasised the broader significance of this MoU, “The signing of this MoU between EVE Energy and InvestKedah is a testament to Malaysia’s commitment to fostering sustainable economic growth, technological innovation, and the rapid expansion of our EV ecosystem. As we accelerate towards a cleaner and more energy-secure future, strategic investments like this play a vital role in positioning Malaysia as a regional leader in EV and battery technology.

With EVE Energy’s expertise and commitment, alongside Malaysia’s strong industrial ecosystem, we are not just building factories—we are building opportunities, empowering local talent, and strengthening our position in the regional clean energy supply chain.”

Mr. Liu Jincheng, Chairman and Founder of EVE Energy Co. Ltd, stated that, “EVE Energy’s Malaysia factory, as the first step in its global expansion, will focus on creating an international benchmark project. It aims to drive the green energy transformation through technological innovation and advanced manufacturing capabilities, contributing to local economic development and job growth. He expressed special gratitude to Malaysian government for their strong support of the expansion project and emphasised that the deepened cooperation between both parties plays a crucial role in promoting the high-quality development of the new energy industry chain in Southeast Asia.

Malaysia’s Commitment to Sustainable Mobility

In 2024, Malaysia recorded RM15.8 billion in approved investments in the transport equipment sector, reflecting the nation’s strong commitment to building a sustainable mobility ecosystem. By leveraging this momentum, EVE Energy’s expansion will contribute significantly to the advancement of EV technology, reinforcing Malaysia’s position as a leader in clean energy solutions and accelerating the transition towards net-zero emissions.

-END-

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 channel.

About EVE
Founded in 2001, EVE was first listed on Shenzhen GEM in 2009. After over 20 years of rapid development, EVE has become a globally competitive, full-scenario lithium battery platform company. (Stock Code: 300014)

We are dedicated to “Powering boundless potential through integrated battery solutions,” building a comprehensive research and development platform spanning from materials, cells, BMS to system integration, and forming five major business segments: consumer batteries, power batteries, energy storage batteries, industrial chain strategic collaboration and the CLS Global Cooperation Business Model. The products are widely applied in the fields of Smart Life, Green Transportation, Energy Transformation, and so on.

Facing a digitally driven sustainable future, we envision “Empower the world with EVE Energy” and rely on our capabilities in “Global Manufacturing, Global Cooperation, Global Service” to join hands with value chain partners to provide reliable support for ubiquitous energy demands.

For more information, please contact:

MIDA
Ms. Noor Suziyanti Saad

Director of Transportation Technology Division
Phone: + 603-2267 3575
Email: [email protected]

EVE Energy
Mr. He YingShen

Director of EVE Energy Malaysia Sdn. Bhd
Email: [email protected]

EVE Energy’s Phase 2 Energy Storage System Expansion Set to Generate Over 1,000 Jobs for Malaysians


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PENANG, 6 MARCH 2025 – Chemlite Innovation Berhad (Chemlite), a prominent engineering support services provider specialising in surface finishing treatment services, announced the launch of its Prospectus on 5 March 2025 in conjunction with its Initial Public Offering (IPO) on Bursa Securities. This key milestone event marks a significant phase in Chemlite’s strategic expansion, reinforcing its commitment to innovation and strengthening Malaysia’s industrial ecosystem.

As part of its strategic growth initiatives, the company has acquired industrial leasehold land from Penang Development Corporation within Penang Science Park North. This acquisition will enable the development of a new 100,000-square-foot, state-of-the-art facility, designed to enhance the company’s production capacity. This expansion will also further enhance operational efficiencies and broaden Chemlite’s service portfolio, strengthening its position as a key contributor to Malaysia’s rapidly growing semiconductor and electrical and electronics (E&E) industries.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority, expressed his support, “Chemlite Innovation Berhad’s expansion represents a strategic milestone in Malaysia’s industrial development. This initiative strengthens our E&E industry in particular semiconductor while advancing our technological capabilities. Their investment aligns perfectly with the New Industrial Master Plan 2030, creating high-skilled jobs and reinforcing our domestic supply chains. MIDA remains committed to supporting such high-impact investments that exemplify the type of high-value manufacturing that will drive Malaysia’s global competitiveness.”

Mr Chong Yuen Fong, CEO of Chemlite Innovation Berhad, commented, “MIDA, PDC, and Invest Penang have been instrumental in supporting our expansion, reinforcing Malaysia’s position as a hub for high-value manufacturing. The proactive efforts of the MADANI Government through the Ministry of Investment, Trade and Industry (MITI) and MIDA, have strengthened Penang’s industrial ecosystem, attracting global investments, which is envisaged to benefit our Company. Our new facility will enhance production capacity and enable us to better serve customers.”

Founded in 2007 and headquartered in Penang, Chemlite Innovation has built a reputation as a trusted surface finishing solutions provider, specialising in both metal and non-metal plating services. Serving critical industries, including semiconductors, E&E, and machinery and equipment, Chemlite has become an approved and trusted vendor, recognised for its technical expertise, rigorous quality assurance, and advanced automation. The Company’s existing facility at Penang Science Park features five semi-automated metal plating lines and two fully automated anodising lines.

Beyond capacity expansion, Chemlite is also focused on broadening its service offerings. By third quarter of 2025, the Company will introduce cleanroom cleaning and packaging services, ensuring the meticulous handling and protection of surface-treated intermediate metal products. This expansion not only complements our existing service offerings but also provides customers with greater assurance in maintaining high-quality standards while reducing reliance on external providers, further enhancing Chemlite’s competitive edge.

With strategic growth initiatives targeted for completion by the fourth quarter of 2026, Chemlite remains committed to delivering excellence in surface finishing solutions and assuming a pivotal role in the advancement of Malaysia’s semiconductor and high-value manufacturing industries.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA
Chemlite Innovation Berhad

-END-

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 channel

About Chemlite Innovation Berhad
Chemlite Innovation Berhad (“Chemlite” or the “Company”) is a leading engineering support services provider, specialising in surface finishing treatment services. Incorporated in Malaysia, Chemlite focuses on delivering innovative metal plating and non-metal plating solutions for diverse industries, including semiconductors, telecommunications, medical devices, and automotive sectors. With its advanced technical capabilities, state-of-the-art facilities in Penang Science Park, and a commitment to quality and innovation, Chemlite has earned its reputation as a trusted global vendor, catering to both local and multinational clients.

For more information, visit https://www.chemlite.com.my/

For more information, please contact:

MIDA
Ms. Zakiah Sajidan

Director of Machinery & Metal Technology Division
Phone: + 603-2267 6769
Email: [email protected]

Chemlite Innovation Berhad
Jazzmin Wan
Tel: +60 17-289 4110
Email: [email protected]
William Yeo
Tel: +60 16-213 2103
Email: [email protected]

Chemlite Innovation Berhad: Driving Growth Through IPO and Facility Expansion


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First-Ever National Partnership with ARM Targets Semiconductor Design Capabilities, Talent Development, and Positions Malaysia As Asia’s IC Design Hub

Kuala Lumpur, 5 March 2025 – The Malaysian Investment Development Authority (MIDA) and ARM Limited today announced a landmark national partnership that promises to reshape Malaysia’s semiconductor landscape. This groundbreaking collaboration marks ARM’s first-ever country-level partnership, positioning Malaysia at the forefront of global semiconductor innovation.

In line with the objectives of the New Industrial Master Plan 2030 (NIMP 2030) and National Semiconductor Strategy (NSS) launched by the Ministry of Investment, Trade & Industry (MITI), the four-year strategic partnership will revolutionise Malaysia’s semiconductor ecosystem through three key initiatives. First, it will establish comprehensive training programmes for 10,000 IC design engineers, creating a robust talent pipeline for the industry. Second, it will provide selected Malaysian companies with privileged access to ARM’s cutting-edge technology and IP portfolio. Third, it will facilitate the development of locally designed semiconductor products, advancing the nation’s goal of producing more advanced chips in Malaysia.

ARM’s decision to select Malaysia as its first Southeast Asian partner sets clear objectives that will help elevate the country’s semiconductor sector. Minister of Investment, Trade, and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Aziz, outlined the positive impact of this collaboration, “MITI is happy to have played a role in facilitating this partnership, in collaboration with the Ministry of Economy and Ministry of Finance. This and all other high-tech investments including RM55.8 billion of approved E&E investments for 2024, are a clear testimonial of our YAB Prime Minister’s leadership in helping us close deals with global names who appreciate Malaysia’s value proposition as an investment destination. All these investments will equip Malaysia with the target semiconductor design capabilities that our economy needs to generate higher value exports and move our industry players up the global supply chain. The MIDA-ARM agreement, in particular, will train 10,000 Malaysian engineers in IC design and pave the way for our country to produce Malaysian-made chips that meet global standards, while creating more opportunities for our SMEs and higher-value jobs for our people.”

Building on this vision, MIDA Chief Executive Officer, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, emphasised the partnership’s transformative potential, “This agreement marks a pivotal shift in Malaysia’s semiconductor journey. We’re creating pathways for local companies to evolve from backend manufacturing to high-value chip design. This partnership establishes Malaysia as a self-sustaining innovation hub, attracting global semiconductor leaders while developing our local talent pool. The timing perfectly aligns with increased foreign investor interest in Malaysian design activities.”

This collaboration comes on the heels of Malaysia’s remarkable investment performance in 2024, which saw RM378.5 billion in approved investments, the highest in the nation’s history—a 14.9% year-on-year growth.

The Electrical and Electronics (E&E) industry, a pillar of Malaysia’s industrial strength, led the surge, attracting RM55.8 billion in investments and accounting for 46.3% of the manufacturing sector’s total. This underscores Malaysia’s pivotal role in the global technology supply chain, reinforcing the nation’s attractiveness as a hub for high-value innovation, semiconductor design, and advanced manufacturing.

As Malaysia solidifies its position in the global semiconductor value chain, the MIDA-ARM partnership is poised to catalyse further growth, attract top-tier investments, and foster homegrown innovation, ensuring Malaysia’s continued leadership in the semiconductor industry of the future.

-ENDS-

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.

Media Contacts:

MIDA
Mr. Mohd Mazlan bin Mokhtar
Director of Electrical and Electronics Division, MIDA
T: +603-2267 6655
E: [email protected]

MIDA and ARM Limited Forge Agreement to Boost Malaysia’s Semiconductor Industry


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RM95 Million Investment Brings Advanced Manufacturing and Local Job Creation to Perak

Kamunting, Perak, Malaysia, 1 March 2025 –Green Excel Manufacturing Sdn, Bhd. (GEM) inaugurated its state-of-the-art manufacturing facility in Taiping, Perak, marking a significant milestone in the company’s expansion. This facility exemplifies GEM’s unwavering commitment to innovation, quality, and the advancement of both its global and local operations.

The company was established with the objective of becoming a prominent manufacturer in the cleanroom architectural products sector. The company specialises in the production of wall panels, ceiling systems, doors, and window systems. In order to guarantee optimal efficiency, safety, and international quality standards, the organisation implements sophisticated automation into its production processes. GEM provides services to a variety of sectors, such as semiconductors, electric vehicles, data centers, pharmaceuticals, food and beverage, and scientific research laboratories. GEM aims to increase its production capacity to satisfy the increasing demand in these industries, both domestically and for export markets, through the construction of this new facility.

The grand opening ceremony welcomed esteemed guests, including Yang Amat Berhormat Dato’ Seri Haji Saarani Bin Mohamad, Menteri Besar of Perak, YB Dato’ Mohammad Zahir Abdul Khalid, Speaker of Dewan Negeri Perak, YB Tuan Loh Sze Yee, State EXCO for Tourism, Industry, Investment, and Corridor Development, YB Tuan Ong Seng Guan, Member of the Legislative Assembly for Pokok Assam, and Yang Berusaha Tuan Haji Mohamad Hashim Bin Abdul Ghani, Chief Executive Officer of Perak Investment Management Centre (InvestPerak), Mr. Dyrul Syahrytz Mohd. Daud, Director of MIDA Perak among many other industry and local representatives.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), lauded GEM’s strategic expansion, “Green Excel Manufacturing’s investment in Taiping, Perak is a strong testament to Malaysia’s growing position as a hub for high-value, technology-driven manufacturing. By integrating advanced automation and precision engineering, GEM strengthens our Machinery and Equipment (M&E) industry while creating high-value jobs for our rakyat. This perfectly aligns with our New Industrial Master Plan (NIMP) 2030 vision, where Malaysian talent drives innovation and automation across our industrial landscape. Most importantly, this investment creates a positive chain reaction throughout our communities. It upskills our local workforce, strengthens Malaysian supply chains, and opens new doors for our young talents to excel in advanced manufacturing. This is how we build a stronger, more prosperous Malaysia.”

CEO of InvestPerak, Mr. Mohamad Hashim Abdul Ghani highlighted “Perak always ready to support industrial expansion from neighbouring States. Provided with complete infrastructure, abundant of natural resources, sufficient high-skill talents, matured industrial ecosystem, and competitive cost of doing business, Perak starts to emerge as one of focus destinations for new investment. Perak is strategically located at the midpoint between Penang and Selangor which are two industry powerhouses in Malaysia. This makes Perak as a favourable location for company that produce product or provide services for potential clients in both Penang and Selangor, because by operating in Perak, they can connect to both markets more easily.”

Ms. Yip Pek San, Director of Green Excel Manufacturing Sdn. Bhd., reflected on the company’s voyage and emphasised the company’s future vision in her speech. “In 2016, Green Excel Engineering & Consultancy was established with the initial objective of trading semiconductor-related products in Europe. This was the beginning of Green Excel Manufacturing. We have since broadened our capabilities and reach, and in 2022, we opened our inaugural manufacturing facility in Poland. We are delighted to announce the opening of our new facility in Taiping today, as part of our ongoing dedication to meeting the growing needs of the industries we support.”

Ms. Yip provided additional details regarding the organization’s commitment to innovation and superior manufacturing. “At Green Excel Manufacturing, we specialise in the production of cleanroom architectural products, with a particular emphasis on wall panels, ceiling systems, doors, and window systems that are essential to critical industries.” Our facility in Taiping is entirely equipped with advanced automation machinery, which improves safety, enhances production efficiency, and maintains international quality standards.

RM95 Million Investment – Strengthening the Local Economy

GEM’s RM95 million investment encompasses comprehensive development plans. The funding supports advanced machinery acquisition and working capital needs. Land development, pre-operational expenses, and infrastructure improvements form key investment components. This strategic allocation ensures sustainable long-term growth.

In addition, the company’s partnership with Advanced Technology Training Centre (ADTEC) demonstrates commitment to workforce development. This collaboration ensures continuous skill enhancement for local talent in Perak state. The partnership creates pathways for career advancement in advanced manufacturing.

In 2024, Malaysia’s manufacturing sector continued to demonstrate its strength and resilience, securing RM120.5 billion in investments—31.8% of the total approved investments of RM378.5 billion. Notably, the M&E industry emerged as the third-largest subsector, attracting RM10.6 billion in approved investments.

-ENDS-

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 InvestPerak:

Perak Investment Management Centre (PIMC) also known as InvestPerak, was established in January 2006 to serve as the ‘First Point of Contact for Investors’ in the manufacturing and services sectors in Perak. It primarily acts as the principal investment promotion agency of the Perak State Government and reports directly to the YAB Menteri Besar Perak. Perak State Government have mandated InvestPerak as secretariat for Centre of Investment (COI), which empowered the function of InvestPerak as facilitator in assisting investors to invest in Perak. To facilitate the implementation of investment projects in Perak, COI@InvestPerak have the authority to issue ‘Fast-Track Letter’ for strategic projects, which put the investment projects as a priority for all relevant agencies in their approval process. Apart from that, InvestPerak complements the role that the Malaysian Investment Development Authority (MIDA) plays at the Federal Government level, in terms of investment promotion and relevant incentives offering. InvestPerak also work closely with other related government departments and agencies, business chambers and industrial associations to ensure that the industries in Perak continue to grow and flourish.

About Green Excel Manufacturing Sdn Bhd

Green Excel Manufacturing Sdn Bhd, a prominent manufacturer located in Kamunting, Perak, is a specialist in the production of high-performance wall systems, ceiling systems, door and windows systems for cleanrooms. While adhering to international safety and environmental regulations, these products are engineered to meet rigorous industry standards, thereby guaranteeing optimal conditions for semiconductor, pharmaceuticals, electronics, food and beverage and scientific research. Green Excel, the first factory in Perak to implement automation machinery for cleanroom products, is a pioneer in the production of precision, efficiency, and consistency. The company is a trusted provider of contamination-controlled solutions due to the fact that this advanced technology minimizes reliance on manual labor and upholds the highest standards of safety and sanitation. In addition to cleanroom panels, Green Excel provides a diverse selection of wall and ceiling systems that are specifically designed for a variety of industrial applications. These products are designed to provide long-term performance, ease of installation, and durability, making them ideal for facilities that necessitate controlled environments and strict hygiene. The company offers sustainable and effective solutions by incorporating the most recent materials and manufacturing advancements through continuous innovation. Green Excel is dedicated to the expansion of its product portfolio in order to satisfy the changing needs of the industry, with a particular emphasis on research and development. The company produces high-quality, sustainable products that improve industrial safety, efficiency, and environmental responsibility by integrating eco-friendly manufacturing with advanced technology.

For more information, please contact: 

MIDA
Ms. Zakiah Sajidan
Director of Machinery and Metal Technology Division, MIDA
T: 03-2267 6769
E: [email protected]

InvestPerak
Mohamad Noor Arif
Investor Relations Manager
+6013-4475312
[email protected]

Green Excel Manufacturing Sdn Bhd
Khor Why Ping
General Manager
Tel: +6016 2542672
Email: [email protected]

Green Excel Manufacturing Launches State-of-the-art Cleanroom Facility in Perak


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  • In 2024, Malaysia attracted RM378.5 billion of approved investments in services (RM252.7 billion), manufacturing (RM120.5 billion), and primary (RM5.3 billion) sectors. This is a 14.9% increase as compared to RM329.5 billion approved investments in 2023.
  • Domestic Investments (DI) accounted for a substantial 55.0% or RM208.1 billion of the total approved investments, while Foreign Investments (FI)* contributed 45.0% or RM170.4 billion.
  • Leading these approvals, the services sector commands a significant share of RM252.7 billion or 66.8% of the total approved investments. This is a 50.1% increase as compared to RM168.4 billion approved investments last year.
  • Manufacturing sector recorded RM120.5 billion,represented 31.8% of the total approved investments, while the primary sector accounted for RM5.3 billion of the total approved investments.
  • Top five (5) sources of FI* was led by The United States of America (USA) (RM32.8 billion), Germany (RM32.2 billion), The People’s Republic of China (PRC)(RM28.2 billion), Singapore (RM27.3 billion) and Hong Kong SAR (RM7.4 billion).
  • Five (5) states that have recorded highest approved investments include Selangor (RM101.1 billion), Wilayah Persekutuan Kuala Lumpur (RM91.5 billion), Johor (RM48.5 billion), Kedah (RM45.8 billion) and Pulau Pinang (RM32.0 billion).
  • With an impressive number of 6,700 projects approved, 207,241 new jobs will be generatedin the country. Both approval of projects and creation of new jobs increase y-o-y by 31.3% and 62.8%, respectively.

Kuala Lumpur, 25 February 2025 – Malaysia recorded a commendable milestone with RM378.5 billion in approved investments in 2024, the highest in the nation’s history, and marking a 14.9% year-on-year growth. Spanning 6,700 projects across key sectors, these investments will create more than 207,000 new jobs, reinforcing Malaysia’s position as a premier investment destination.

Despite ongoing global economic challenges, Malaysia continues to attract sizable investments, with domestic investments (DI) accounting for RM208.1 billion (55.0%) and foreign investments (FI)* contributing RM170.4 billion (45.0%). This strong performance underscores the nation’s economic resilience and ability to grow investor confidence.

Foreign investor confidence in Malaysia remains exceptionally strong, with strategic investments coming from five key nations. The United States of America leads the way with RM32.8 billion, followed by Germany (RM32.2 billion), The People’s Republic of China (RM28.2 billion), Singapore (RM27.3 billion) and Hong Kong SAR (RM7.4 billion).

YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade, and Industry (MITI), stated, “Despite global challenges, Malaysia has achieved a record high of RM378.5 billion in approved investments, the highest figure in our nation’s history. More important than these numbers is our focused execution of these approved investments to create over 207,000 better paying jobs for Malaysians, and generate real opportunities for businesses, particularly our SMEs. Each ringgit invested in innovative, sustainable and high-value industries creates a multiplier effect that strengthens our economy. MITI and MIDA remain committed to facilitating such investments, while also taking steps to enhance the resilience of our supply chains and industrial ecosystem.”

Strong Investment Momentum Across Key States

Selangor led as the top investment destination with RM101.1 billion in approved investments, followed by Wilayah Persekutuan Kuala Lumpur (RM91.5 billion), Johor (RM48.5 billion), Kedah (RM45.8 billion) and Pulau Pinang (RM32.0 billion). Together, these five states attracted RM318.9 billion, accounting for 84.3% of the total approved investments in 2024.

In addition to these leading states, transformative investment projects are also taking place across Malaysia, particularly in high-impact industries. Notable projects include the RM739.3 million E Concern (Borneo)’s Scheduled Waste Management Hub in Sabah and OCI TerraSus’ RM799.8 million expansion in Sarawak for its Caustic Soda production facility, both of which will contribute to Malaysia’s sustainable industrial development.

SERVICES SECTOR LEADS WITH RM252.7 BILLION IN APPROVED INVESTMENTS

The services sector continues to be a key driver of Malaysia’s economic expansion, securing RM252.7 billion in approved investments, which accounts for 66.8% of total approvals. These investments are set to generate 119,083 new jobs, further reinforcing the sector’s leading role as the backbone of Malaysia’s economy.

A significant portion of the services sector’s investment comes from domestic sources, amounting to RM171.1 billion or 67.9%, with foreign investment contributing the remaining 32.1% or RM81.0 billion. This mix underscores the sector’s appeal to both local and international investors.

Digital Transformation and Technology Investments Lead the Way

The information and communication 1sub-sector spearheaded the sector’s growth, attracting RM136.0 billion, which represents 53.8% of total service sector investments. These investments reflect the country’s rapid adoption of digital technologies across industries such as agriculture, healthcare, finance, tourism, and Islamic Digital Economy.

Major projects driving this success include:

  1. STT GDC Malaysia 2 Sdn. Bhd.
    Locations: Johor
    Overview: A global leader in data center solutions, STT GDC is expanding its presence in Malaysia to meet the rising demand for digital infrastructure. This investment reinforces Malaysia’s position as a high-value technology investment hub and supports the nation’s digital economy agenda.

The services sector’s comprehensive growth is further evidenced by strong performance across multiple segment of sub-sectors:

  • Real Estate: RM64.5 billion
  • Support Services2: RM12.9 billion
  • Utilities3: RM11.1 billion
  • Transport Services4: RM8.5 billion

Sustainability and Green Investment Take Center Stage

Malaysia remains at the forefront of sustainable industrial development, with green technology integration playing a pivotal role in shaping the nation’s future.

One such initiative is NUR Renewables’ RM250.0 million solar farm in Kulim, which merges clean energy solutions with Industry 4.0 technology. This project sets new benchmarks for sustainable industrial practices by incorporating advanced digital systems to optimise energy efficiency and enhance renewable energy adoption.

Further strengthening Malaysia’s logistics and supply chain ecosystem, Singapore-based YCH Group is investing RM500.0 million in Supply Chain City Malaysia in Bukit Raja, Selangor. This strategic development leverages Malaysia’s robust infrastructure and prime location to enhance the nation’s standing as a regional logistics powerhouse.

The Malaysian Government’s commitment to green growth is evident through progressive policies, including:

  • The Sustainable Development of Data Centre Guidelines, ensuring environmentally responsible expansion in the digital sector.
  • The Green Investment Strategy (GIS), aimed at attracting and facilitating investments in sustainable industries.
  • The Corporate Renewable Energy Supply Scheme (CRESS), designed to accelerate renewable energy adoption and position Malaysia as a leader in the global green economy.

With these bold and forward-thinking initiatives, Malaysia is well-positioned to capitalise on emerging opportunities in the green economy while fostering long-term economic resilience and environmental sustainability.

MANUFACTURING SECTOR SECURES RM120.5 BILLION

Beyond the services sector, Malaysia’s manufacturing sector continues to demonstrate strength and resilience, securing RM120.5 billion in approved investments, accounting for 31.8% of total approved investments in 2024. These investments are spread across 1,108 projects and are set to generate close to 88,000 new jobs, of which 82.2% (72,116 jobs) are specifically for Malaysians.

Foreign investments (FI) were the dominant contributor, totaling RM88.9 billion (73.8%), while domestic investments (DI) remained substantial at RM31.6 billion (26.2%). This strong inflow of foreign capital underscores Malaysia’s appeal as a premier global manufacturing hub.

Encouragingly, 41.6% of new jobs created fall into high-value roles, covering management, technical, and skilled talent positions—directly supporting the goals of the New Industrial Master Plan (NIMP) 2030, which aims to develop a highly skilled workforce for Malaysia’s evolving industrial landscape.

Electrical and Electronics (E&E) Industry Spearheads Manufacturing Growth

The E&E industry, a cornerstone of Malaysia’s manufacturing prowess, secured the lion’s share of investments with RM55.8 billion, representing 46.3% of the sector’s total, affirming Malaysia’s role in the global technology supply chain. The growing demand for electronics is fueled by Industry 4.0, which integrates digital technologies into industries, and a focus on sustainability, exemplified by the advancements in artificial intelligence (AI), big data, cloud computing, e-commerce, e-mobility, green technology, and financial technology (Fintech).

Other industries contributing to the manufacturing sector’s growth include:

a) Transport Equipment – RM15.8 billion

b) Chemicals and Chemical Products – RM10.6 billion

c) Machinery and Equipment (M&E) – RM10.6 billion

d) Food Manufacturing – RM6.1 billion

The strategic expansion of Malaysia’s semiconductor ecosystem, renewable energy-driven manufacturing, and high-tech industrial production underscores the nation’s commitment to developing an innovation-driven, sustainable, and globally competitive industrial base.

Key High-Impact Manufacturing Investments

Several multinational corporations are making significant investments in Malaysia’s high-tech and high-impact industries, further enhancing the country’s manufacturing landscape:

  1. EVE Energy Malaysia Sdn. Bhd.
    Investment: RM6.8 billion
    Industry: Lithium Battery Manufacturing
    Overview: China-based EVE Energy Co., Ltd. is expanding its cylindrical battery production base in Malaysia to support the EV industry, power tools, and the broader Southeast Asian market. This project is a crucial step in strengthening Malaysia’s EV supply chain.
  2. MKS Instruments Malaysia Sdn. Bhd.
    Investment: RM2.2 billion
    Industry: Semiconductor and Industrial Applications
    Overview: A subsidiary of MKS Instruments Inc., this supercenter factory in Penang will support global wafer fabrication equipment production. The facility integrates advanced automation and sustainable technology solutions to enhance semiconductor manufacturing while reducing environmental impact.
  3. F&N Agrivalley
    Investment: RM1.7 billion
    Industry: Food and Dairy Manufacturing
    Overview: Fraser & Neave Holdings Bhd (F&NHB) is making a major move into the upstream fresh milk business with an integrated dairy farm in Gemas, Negeri Sembilan. This project marks a significant step toward establishing F&NHB as one of Malaysia’s largest milk producers.
  4. Chery Corporate Malaysia Sdn. Bhd
    Investment: RM1.4 billion
    Industry: Energy-Efficient and Electric Vehicles (EEVs)
    Overview: China-based Chery has established an assembly plant in Shah Alam, Selangor, aimed at producing energy-efficient and electric passenger vehicles. This initiative is expected to drive innovation in the EV industry and generate substantial spillover effects within the local supply chain.
  5. Plexus Manufacturing Sdn. Bhd 
    Investment: RM1.04 billion
    Industry: Semiconductor and Healthcare Technology
    Overview: This sixth manufacturing facility in Penang will support the company’s Semiconductor Capital Equipment and Healthcare & Life Sciences operations. It aligns with the NIMP 2030’s vision and is expected to create 1,800 high-skilled jobs.
  6. Dominant Opto Technologies Sdn. Bhd.
    Investment: RM1.0 billion
    Industry: Automotive LED Manufacturing
    Overview: A leading automotive Surface Mount Technology (SMT) LED manufacturer, Dominant Opto Technologies is making significant contributions to the global automotive sector. The company employs energy-efficient manufacturing processes and develops eco-friendly LEDs to reduce carbon emissions in automotive lighting solutions.

PRIMARY SECTOR DEMONSTRATES OPPORTUNITY

The primary sector registered approved investments of RM5.3 billion, constituting 1.4% of the total approvals. Driven by 67 projects, it anticipates creating 463 new jobs, with a focus on mining (RM4.5 billion), agriculture (RM766.8 million) and plantation and commodities (RM71.6 million).

Continued Focus on Quality and Sustainable Investments Attraction

Malaysia’s investment landscape continues to shine with strong investment pipelines and high-potential projects, reinforcing its position as a top investment destination. As of 31 January 2025, MIDA is overseeing a robust pipeline of 1,049 projects with proposed investments totaling RM58.8 billion.

●       The services sector leads with 995 projects valued at RM31.8 billion.

●       The manufacturing sector follows closely, with 54 projects worth RM27.0 billion.

Additionally, RM63.5 billion in high-potential investment leads are currently being actively negotiated by MIDA, reflecting strong investor confidence in Malaysia’s economic fundamentals.

Implementation of Approved Manufacturing Projects

Malaysia’s success in attracting investments is not just about approvals but also effective implementation. Strategic initiatives such as the National Investment Council, the Investment and Trade Coordination Action Committee, and the Invest Malaysia Facilitation Centre have assumed a pivotal role in creating a conducive investment environment.

MITI and MIDA have worked tirelessly to engage stakeholders at both federal and state levels, ensuring the successful facilitation and execution of investment projects.

Between 2021 and December 2024, the National Committee on Investment approved 3,494 manufacturing projects, of which:

  • 84.5% (2,950 projects) have reached various implementation stages, ranging from production to factory construction and machinery installation.
  • 13.0% are in the planning phase, focusing on site selection and consultations with developers.
  • Only 2.5% of projects were abandoned, highlighting Malaysia’s strong project realisation rate.

Annual data shows that:

  • More than 90% of approved manufacturing projects in 2021 and 2022 have been implemented.
  • While, 88.7% of projects approved in 2023 and 67.8% of projects approved in 2024 have entered implementation phases—a positive trajectory considering that manufacturing projects typically require 18 to 24 months for completion, depending on their complexity.

 Strengthening Malaysia’s Investment Ecosystem

The Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, lauds the achievement of such a significant milestone, stating, “Our focus remains on attracting high-quality, strategic investments that align with national priorities. Through proactive investor engagement, end-to-end support, and fostering strong public-private partnerships, MIDA and MITI continues to drive industrial transformation, accelerate the adoption of advanced technologies, and champion sustainable practices. To remain competitive and resilient, Malaysia must transform the key sectors—particularly manufacturing and services—by moving up the value chain through a whole-of-government approach.”

MIDA continues to drive the country’s investment promotion by centralising investment promotion and marketing efforts across Investment Promotion Agencies (IPAs) and Regional Economic Corridors. This initiative, guided by MITI, enhances Malaysia’s global visibility while eliminating redundancies, improving service efficiency and investors’ confusion.

By streamlining investment efforts and ensuring stronger coordination at regional and national levels, Malaysia aims to further increase implementation rates and create a seamless investment experience for investors. This approach underscores the nation’s dedication to providing investors with a structured, efficient, and high-quality investment ecosystem.

A Future Built on Resilience, Innovation, and Economic Prosperity

Malaysia’s transformative investment journey represents a bold step towards a resilient, innovative, and prosperous future. With a strong policy framework, proactive facilitation, and unwavering investor confidence, Malaysia is poised to strengthen its global standing as a premier investment destination.

*Note: Compilation of foreign investments is based on ultimate investing country.

1Information and communication comprise of Telecommunications, MSC Status/MD Status and ICT Services
2Support Services comprise of R&D, Logistics Services, Green Technology, Design Services, Professional Services and Other Support Services
3Support Services comprise of R&D, Logistics Services, Green Technology, Design Services, Professional Services and Other Support Services
4Transport Services comprise of Maritime, Aviation and Road

***THE END***

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 channel.

For media enquiries please contact:
Ms. Fatmah Ahmad
Director of Corporate Communications Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected] | DL: +603-2267 2428

Malaysia Records Historic High RM378.5 Billion in Investments, with 14.9% Y-O-Y Growth, Generating More Than 207,000 Jobs in 2024


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