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ROHM-Wako to Increase Production Capacity In RM910 Million New Kelantan Facility

Kota Bharu, 12 March 2022 – ROHM-Wako Electronics (Malaysia) Sdn. Bhd. (RWEM), a major Japanese electronics maker, announced that it is expanding its electronic components facility in Kelantan with a total investment of RM910 million. This investment is expected to create high-skilled jobs for over 340 Malaysians. It is the single biggest investment ever made by the company which uniquely positions Malaysia as a key hub for the semiconductor and automotive global value chains.

YB. Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI), in response to the announcement said, “It is noteworthy that the establishment of the manufacturing facility in Malaysia is a strategic decision by Rohm-Wako Electronics to build long-term presence in the ASEAN region. Indeed, this vital expansion signifies the company’s confidence in the capability of our local talent of highly skilled engineers and technicians. The investment performance of ROHM-Wako Electronics in Malaysia is most encouraging, with this new manufacturing facility generating employment opportunities for local talent, contributing to the economic upliftment of the community as well as boosting commercial development in the state. This expansion project is in line with the National Investment Aspirations (NIA) to make Malaysia a strategic investment hub.”

Echoing the Senior Minister, Datuk Arham Abdul Rahman, the Chief Executive Director (CEO) of the Malaysian Investment Development Authority (MIDA) remarked: “MIDA looks forward to welcoming other potential partners to leverage Malaysia’s capability as a supply chain hub to serve the industrial needs of the global market. The company’s expansion is poised to strengthen the country’s position in the global value chains. It is also expected to promote high-skilled jobs and ensure that Malaysia’s industries remain resilient and competitive.”

“The expansion is vital for our company’s continuous business and innovation growth, and with the Malaysian plant having skilled and reliable workforce, we are confident that we have made the right decision to continue investing in this country.” said RWEM President, Mr. Hideki Hashimoto.

The new building, which will be constructed within the RWEM premise, will serve the purpose of responding to the strong demand for semiconductors and promoting multi-site production system of analog Large-Scale Integrations (LSIs) and transistors in line with the Business Continuity Management (BCM). The construction of the new building will ultimately increase the overall production capacity by approximately 1.5 times.

The construction of the new facility, which is expected to have a 3-story building with a total floor area of 29,580 square meters, is envisaged to begin in Q1 2022 and be completed in August 2023. The new building will be equipped with various energy-saving technologies to reduce the environmental impact, expected to reduce CO2 emissions by approximately 15%. This will eventually strengthen the BCM system by adopting various disaster-proof measures with up-to-date technologies.

The expansion will provide capacity for additional component of Wide Line Transistor and Gate Driver Integrated Circuit, mainly used for electric vehicles (EVs) and hybrid cars. These components will also apply to the company’s existing production of discrete semiconductors such as diodes, light emitting diodes and laser diodes used in a wide arrange of electronic consumer products such as audio and video, TVs, laptops as well as mobile phones. This is in line with Malaysia’s National Automotive Policy (NAP) 2020 which focuses on the development of new technologies in future mobility areas.

***

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

About ROHM CO. LTD.
ROHM Co., Ltd. engages in the design and manufacture of integrated circuits and other electronic components. It operates through the following segments: LSI Integrated Circuits, Discrete Semiconductor Devices, Module and Others. The LSI Integrated Circuits segment includes analog ICs, logic ICs, memory ICs, ASICs, and foundry business operations. The Discrete Semiconductor Devices segment covers diodes, transistors, light-emitting diodes, and laser diodes. The Module segment produces power modules that include print head and optical modules. The Others segment deals with resistors, tantalum capacitors, power modules, and lighting products. It also develops large scale integrated (LSI) scanner engines designed specifically for cordless hand-held scanners. The company was founded by Kenichiro Sato in December 1954 and is headquartered in Kyoto, Japan. For more information, please visit http://www.rohm.co.jp

For more information, please contact:

MIDA
Azlina Hamdan (Ms.)
Director, E&E Division, MIDA
+603-2267 3791| [email protected]

ROHM -Wako Electronics (Malaysia) Sdn. Bhd.
1. Tan Shee Nee (Ms.)
2. Kang In Wei (Ms.)
+6017979 5303 | [email protected]

ROHM-Wako to Increase Production Capacity In RM910 Million New Kelantan Facility


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Pulau Pinang, 9 March 2022 – Applied Engineering Technology (M) Sdn. Bhd.   (AETM) organised a grand opening ceremony for its manufacturing plant in Batu Kawan Industrial Park, Pulau Pinang today. The ceremony was officiated by Deputy Chief Minister 1 of Penang, YB. Dato’ Ir. Haji Ahmad Zakiyuddin bin Abdul Rahman and attended by Government officials including Madam Lim Bee Vian, Deputy CEO of Malaysian Investment Development Authority (MIDA) (Investment Development) and Dato’ Loo Lee Lian, CEO of InvestPenang.

Established in May 2021, AETM is a joint venture company between US-based Applied Engineering (AE) and its Malaysian counterpart, QES Manufacturing Sdn. Bhd. (QES). Together, they will provide high-tech electromechanical contract manufacturing services, from prototyping to high volume production. Notably, AETM is AE’s first offshore operation outside of the United States.

Congratulating AETM, Dato’ Ahmad Zakiyuddin Abdul Rahman, Deputy Chief Minister 1 of Penang said “Penang’s dynamic industry cluster allows companies that set foot here to enjoy overarching benefits, which include supply chain resiliency and operational advantage. Importantly, the talent pool is equipped with strong engineering expertise that enables companies here to perform high value-added activities and increase participation in the global value chain.” 

“The significance of Penang in the regional and global scale is well attested, Penang accounted for over 5 per cent of the global semiconductor sales and serves as one of the most thriving regional hubs for equipment manufacturing, as well as medical technology industries. Leveraging Penang state as a springboard, I am confident that Applied Engineering Technology could seize tremendous opportunities arising from the technology advancement and global megatrends.”  

Meanwhile, Madam Lim Bee Vian, Deputy CEO (Investment Development), MIDA stated, “This grand opening ceremony is a very significant milestone after the joint venture partnership was established in 2021. It is a parallel testament to global investors’ confidence in Malaysia as a preferred investment destination, as well as the capability and readiness of local companies to support high profile business ventures and activities.” She expressed confidence that having Applied Engineering Technology’s (AETM) technology and expertise here in Malaysia will enhance the value of talent and skilled human capital development in the country, which is in line with our National Industry 4.0 aspirations. Local job seekers, particularly those with an engineering background will benefit greatly from the transfer of technology by working hands-on with the experts at AETM.

“Local suppliers would also benefit from increased business, particularly in the areas of automation equipment design. This in turn can assist local suppliers in meeting international standards and integrate themselves into the global value chain.” Madam Lim added.

The Batu Kawan manufacturing plant, which has a factory floor space of approximately 20,000 square feet, is expected to begin servicing customers in April 2022. Currently, AETM has successfully obtained MIDA’s manufacturing licence as well as business licence from the local authority. AETM has also received a Manufacturing Warehouse Licence (LMW) from the Royal Malaysian Customs Department in February 2022.

Speaking at the event, the President of Applied Engineering Inc. Jack Yao added, “We truly appreciate the partnership with QES. We will work in the best way possible to ensure the success of this joint venture. Batu Kawan is a great place for manufacturing companies, and we are glad to be able to cement a mark in this area. The markets served under this endeavour include semiconductor/display capital equipment, medical technology, industrial automation, aerospace, and emerging technology. We are confident that the ASEAN market will benefit from this partnership.”

Meanwhile, the Managing Director and President of QES Group Berhad Chew Ne Weng said, “Today marks a momentous step forward in our joint venture with AETM. We thank the Deputy Chief Minister 1 of Penang for taking time out of his busy schedule to officiate our event. We look forward to kickstarting our joint venture’s manufacturing operation in Batu Kawan, Pulau Pinang.

Aside from our manufacturing facility, we have invested heavily in talent building. From November 2021 to January 2022, we have sent key staff members and technicians to AE San Jose for knowledge transfer, to have an in-depth understanding on the technical know-how. In addition, we intend to station technical experts from AE San Jose in Penang for additional training. For the first two years, our focus is to support our customers in terms of equipment assembly and integration, focusing on semiconductor, medical and other industry segments. Starting from the third year onwards, we plan to develop equipment design capability for our customers, based on their needs.”

The project segments are primarily for electromechanical contract manufacturing services, and AETM is working to meet the specific manufacturing needs of their clients. The company’s focus will be on semiconductor equipment manufacturing, medical technology, medical devices, defence, and aerospace not only for the Malaysian market but also for the ASEAN and China markets.   

*****

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About InvestPenang

InvestPenang is the Penang State Government’s principal agency for 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 centres. To realize its objectives, InvestPenang also runs initiatives like the SMART Penang Centre (aiding SMEs), Penang CAT Centre (for talent attraction and retention) and i4.0 seed fund (a catalyst for the start-up ecosystem). For more information, please visit https://investpenang.gov.my/

Do follow us on InvestPenang’s social media channels: Facebook ; LinkedIn

About Applied Engineering Inc.

Electronic Interface Company DBA as Applied Engineering Inc. is a California corporation with its business headquarters at 6341 San Ignacio Ave. Suite 10, San Jose, CA, 95119. AE is a 100 per cent employee-owned company located in San Jose and has been in business since 1979. AE specialises in electro-mechanical contract manufacturing services from prototype to high volume production for semiconductor, life science, defence, aerospace, and emerging technology segment.  AE is known in the industry as a contract manufacturer. For more information about Applied Engineering please visit https://www.appliedengineering.com

About QES Group Berhad

QES Group Berhad (“QES” or the “Group”) was listed on the ACE Market of Bursa Malaysia Securities Berhad in 2018. Through its subsidiaries, it is principally involved in the manufacturing, distribution and provision of engineering services for inspection, test, measuring, analytical and automated handling equipment. The Group serves customers from a broad range of industries including the semiconductor, electrical & electronics, automotive and metal, higher education institutions, petrochemical, pharmaceutical, environment and renewable energy industry. QES is listed under the Industrial Products and Services Sector (Name & Code: QES & 0196). For more information about QES Group Bhd, please visit https://www.qesnet.com/ .

For more information, please contact:              

MIDA
Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division, MIDA
Telephone: 03-2267 3628
Email: [email protected]

InvestPenang
Ms. Yeoh Bit Kun
Head, Communication and Business Intelligence
Telephone: 04-646 8833
Email: [email protected]

Applied Engineering Inc
Ms. Liana Marrero
Sales Operation Manager
Telephone: +1 408 605 8028
E-mail: [email protected]

QES Group Berhad
Ms. Alicia Chan
Sr. Personal Assistant to the Group Managing Director
Telephone: 03-5882 6668
Email: [email protected]

AETM’s Confidence In Malaysia Results In The Setting Up Of A 20,000 Square Feet Manufacturing Facility In Pulau Pinang


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Attracted Record-Breaking Approved Investments Worth RM306.5 billion in 2021

  • MIDA attracted RM306.5 billion of approved investments in the manufacturing, services and primary sectors.
  • Astounding increase of 83.1 per cent in 2021 compared to performance in 2020.
  • FDI’s stellar performance accounted for nearly 68.1 per cent of approved investments, valued at RM208.6 billion compared to RM64.2 billion in 2020 which is an increase of 224.9 per cent, while DDI totalled RM97.9 billion.
  • Malaysia’s manufacturing sector secured projects worth RM195.1 billion in 2021, compared to the RM91.3 billion it gained in 2020, a major increase of 113.7 per cent.
  • The electrical and electronics (E&E) industry received the most approved investments worth RM148 billion.
  • Malaysia has secured 75 capital intensive projects valued at RM100 million and above, spurring the growth of new advanced manufacturing technologies and produce a highly-skilled workforce.
  • The services sector attracted RM94.1 billion from 3,803 approved projects.
  • The mining industry witnessed approved investments worth RM17.1 billion, representing 98.7 percent of the overall total investments in the primary sector driven by higher prices for crude oil and natural gas.

Kuala Lumpur, 8 March 2022 – Malaysia gained new economic growth with RM306.5 billion worth of approved investments in the manufacturing, services and primary sectors in 2021. The country remained an attractive investment destination for global and regional business expansion as total Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) numbers exceeded expectations with stellar performance in 2021, increasing to 83.1 per cent from the achievement attained 2020.

“Our robust business ecosystem has enabled us to secure strategic investments and forge new trade relationships placing us on a positive trajectory to propel our economy to greater heights as well as expedite efforts towards inclusive socio-economic growth.” said YB. Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI) at the MIDA’s Annual Media Conference (AMC) 2022.

“The easing of pandemic containment measures has allowed for the resumption of economic activities coupled with high vaccination rates among diverse industries and professionals. Further efforts were put in place to ensure that the business ecosystem remains responsive to global trends with policies and initiatives for business facilitation, talent upskilling and reskilling, digitalisation and automation. In a nutshell, these measures have successfully placed our economy on a firm and resilient footing towards the path of vibrant growth and sustainable recovery,” he added.

The Senior Minister also iterated that the recent FDI’s stellar performance accounted for nearly 68.1 per cent of approved investments, valued at RM208.6 billion compared to RM64.2 billion in 2020 which is an increase of 224.9 per cent, while DDI totalled RM97.9 billion. The DDI complemented FDI performance, making up 31.9 per cent of the total investment value. The manufacturing sector led the way for total investments approved in 2021, recording RM195.1 billion, followed by the services sector RM94.1 billion and the primary sector with RM17.3 billion.

The Netherlands (RM78 billion), Singapore (RM47.3 billion), People’s Republic of China (PRC) (RM31.3 billion), Austria (RM18.9 billion) and Japan (RM9.9 billion) accounted for 88.9 per cent of total FDI approved in the manufacturing, services and primary sectors.

Pulau Pinang (RM83.5 billion) recorded the highest investments approved last year, followed by Kedah (RM68.3 billion), Kuala Lumpur (RM37.7 billion), Selangor (RM28.8 billion) and Sarawak (RM25.7 billion). These five states contributed 79.6 per cent of the total approved investments for 2021.

Manufacturing Takes the Lead

Malaysia’s manufacturing sector secured projects worth RM195.1 billion for 2021 compared to the RM91.3 billion it gained in 2020 – a major increase of 113.7 per cent. These achievements will offer 74,575 job opportunities, whereby 28,698 are managerial, technical, supervisory and skilled (MTS) positions.

The electrical and electronics (E&E) industry received the most investment opportunities, with 94 approved projects worth RM148 billion. Besides the E&E industry, Malaysia attracted high levels of approved investments in other industries, including basic metal products (RM19.4 billion), chemicals and chemical products (RM5.8 billion), rubber products (RM5.8 billion) and food manufacturing (RM5.4 billion). 

Malaysia has secured 75 capital intensive projects valued at RM100 million and above and these projects will spur the growth of new advanced manufacturing technologies and produce a highly-skilled workforce.

Pulau Pinang (RM76.2 billion) recorded the highest investments approved last year, followed by Kedah (RM66.2 billion), Pahang (RM10.5 billion), Selangor (RM7.5 billion) and Johor (RM7.0 billion). These five states alone contributed more than 85 per cent of the total approved investments for 2021.

The manufacturing sector continued to be the mainstay of the economy for 2021 generating significant multiplier effects on the nation’s activities and growth. The percentage of quality projects approved increased to 81.3 per cent in 2021. As reflected by the MTS (Managerial, Technical, Supervisory and Skilled) Index, the number of job opportunities in these positions increased to 38.5 per cent in 2021.

The Less Developed Areas (LDAs) incentive was introduced in 2015 to spur regional development and inclusiveness through substantial employment creation and rural development in the country’s transition to a high-income economy. In 2021, we secured a total of RM 80.7 billion (41.4 per cent) worth of approved investment, compared to RM 34.3 billion (37.6 per cent) gained in 2020. The Senior Minister stressed that “As part of the realisation of the Shared Prosperity Vision 2030, it is notable that in 2021, we secured a total of RM 80.7 billion worth of approved investments for less developed areas.”

Notable projects approved last year consist of multinational corporations in the high-impact and high-technology industries that have established their operations in Malaysia. This includes Risen Solar, which will invest RM42.2 billion to bring design development and manufacturing of solar modules and solar cells, followed by Intel Electronics with an investment of RM30 billion to produce wafer fabrication and stacked dies. AT&S, a global leader of high-end printed circuit boards (PCB) and integrated circuit (IC) substrates with an investment of RM8.5 billion, will establish design development and manufacture of its IC Substrates in Kulim Hi-Tech Park. This massive expansion attests to Malaysia’s capabilities to facilitate mega business growth. A subsidiary of a Fortune 500 company, SK Nexilis, has also announced its first overseas production base in KKIP Industrial Complex, Kota Kinabalu, Sabah with an investment of RM4.29 billion.

The investment of RM3.25 billion by Infineon Technologies in Melaka, further strengthen the Malaysia’s position as the global semiconductor hub. Sheng Long Aqua Technology will produce aquaculture feed with investments of RM3.03 billion. Ibiden Electronics’ investment will involve a multilayer PCB expansion worth RM886 million.

Taiyo Yuden has pledged enormous investments to expand its manufacturing capability in multilayer ceramic capacitors production in Sarawak, injecting RM680 million in capital investments. The Kuching facility spanning over 36,500 square meters, is expected to operate by March 2023. It will include using high-tech equipment with state-of-the-art features, supporting high-energy conservation and incorporating solar-powered roofs, in line with Environmental, Social and Governance (ESG) Goals.

Other notable investments are from Wilmar Greenfarm Vegan Food, a domestic player in the food-tech and resource-based industry, will be investing RM196.39 million for its manufacturing wing is a new project set to increase its production volume of agro and vegan food products for consumers. Greatech Integration’s RM182.52 million expansion project aims to produce factory automation systems and related modules and components in Batu Kawan, Pulau Pinang. At the same time, Delta Industrial has invested RM154.38 million to undertake the design and development, manufacturing and assembly of amphibious aircraft in Subang Jaya.

Malaysia’s Services Sector is Expanding

Malaysia’s diversified services sector continues to embrace digitalisation to move up the value chain and boost operational efficiency when remote-working and automation trends have accelerated due to the COVID-19 pandemic. New services have materialised through the invention of the Internet of Things. Artificial intelligence and the cloud network have redefined the service sector’s importance in Malaysia’s economy.

The Malaysia Digital Economy Blueprint (MyDIGITAL) is designed to strengthen the foundation and development of the country’s digital infrastructure. The blueprint aims to attract RM70 billion investments to accelerate digitalisation efforts. The digital economy is expected to contribute 22.6 per cent to the country’s GDP and aims to open 500,000 job opportunities by 2025.

The Digital Investment Office (DIO) was established to facilitate digital investments in Malaysia, in line with the government’s aim to attract RM70 billion investments to accelerate digitalisation efforts by 2025. The setting up of the DIO in collaboration with Malaysia Digital Economy Cooperation (MDEC) is timely and in line with the evolution of the global investment landscape towards digitalisation and Industry 4.0, creating unique and interesting value propositions for digital projects. Leveraging on synergies between the two investment promotion agencies, a total of RM3.4 billion investments have been approved under the DIO, involving data centre and Multimedia Super Corridor (MSC) status projects.

In 2021, Malaysia secured 3,803 projects in the services sector worth RM94.1 billion in approved investments. The DDI brought RM69.2 billion in 2021 compared to RM63.5 billion in 2020 in this sector, underscoring the inherent strength of Malaysia’s companies that could be leveraged further for export of services.

The top five contributors of approved investments in this sector were real estate (RM28.8 billion), global establishments (RM19.7 billion), financial services (RM12.0 billion), utilities (RM9.6 billion) and information and communications (RM8.2 billion), experiencing 36.6 per cent in growth, valued at RM78.3 billion of approved investments compared to 2020.

The global establishments sub-sector recorded RM19.7 billion in 2021, higher than RM595.2 million achieved in 2020. A total of 102 principal hubs, regional and representative offices were approved in 2021 and expected to offer 3,838 new positions for highly-technical professionals.

As part of its advances in developing IR4.0 technologies to accelerate Malaysia’s digital transformation, Huawei Technologies (Malaysia) is gearing up for the next frontier in 5G innovation with its new Global Operational Headquarters in Kuala Lumpur.

The Twelfth Malaysia Plan has also made green growth a priority, specifically focusing on green technology and energy sustainability as the main factors to advance Malaysia’s green economy. Malaysia is optimistic to become a net-zero carbon country by 2050. Berjaya Alam Murni’s Sustainable Schedule Waster Treatment Centre (SSWTC) will invest RM172.95 million to develop an integrated waste management facility.

Another notable project, L.Q. Hotel, a Singapore-based company will be investing RM689 million to establish its presence in Kuala Lumpur. Under the green technology industry is the Solarpack Suria Sungai Petani that will invest RM353.13 million to build a Large-Scale Solar (LSS) Photovoltaic in Kedah. In Selangor, ILM Logistics is set to implement its expansion plans valued RM226.82 million.

Mining Maintains Forefront Role in the Primary Sector

The primary sector registered approved investments of RM17.3 billion in 2021, compared to RM6.1 billion in 2020. The mining sub-sector led the bulk of investments RM17.1 billion (98.7%) of total investments approved in the primary sector driven by higher prices for crude oil and natural gas. The rest of the primary sector investments comprises the plantation and commodities and the agriculture subsectors with investment values of RM211.4 million and RM20.5 million, respectively.

Charting the Path towards Resilient Economic Recovery

In stressing the imperative for economic resilience for sustainable national recovery, Dato’ Seri Azmin said “Malaysia continues to forge ahead, “powering resilience” through robust policies that will further enhance the positive trajectory we are in. The National Investment Aspirations is poised to attract high impact investments in new growth areas which bring about bountiful spill over effects to the economy. On that note, the New Industrial Masterplan 2022-2033 will further propel the local industries to accelerate digitalisation efforts and fully realise the benefits of transition into Industry 4.0.”

Reflecting the NIA in propelling Malaysia’s long-term growth through the flow of sustainable quality investment in new and complex growth areas, MITI and MIDA have lined up targeted trade and investment missions (TIM) and Specific project Missions (SPM) to accelerate investments in high technology, innovation and research-driven industries that will complement the Malaysian industrial ecosystem. In 2021, MITI and MIDA proactively completed four major TIMs to the Republic of Korea and Japan, Saudi Arabia and UAE, Qatar, Austria and Turkey, and Germany, France and the United Kingdom to secure up to RM50.2 billion worth of investments.

A total of 254 projects have been approved and implemented in 2021 with realised investments worth RM160.8 billion, making up more than 80 per cent of the approved investments in the manufacturing sector. Of the total manufacturing projects approved for the last five years, realised investments amounted to RM383.2 billion.

In efforts to help expedite vaccination for the workforce in critical manufacturing sectors, MITI, in collaboration with the Ministry of Health, has initiated the COVID-19 Public-Private Partnership (PIKAS) Industrial Immunisation Programme.

Additionally, despite the ongoing international border closures and strict governmental standard operating procedures (SOPs) in place worldwide to contain the spread of COVID-19, MIDA continues to be responsive in providing advice and support to existing and potential investors through 20 overseas and 12 regional offices. The team has been at the forefront to attract investments through innovative and aggressive investment promotion activities. In ensuring ease of movement for business travellers, MIDA has also established a One-Stop-Centre (OSC) to evaluate eligible short-term business travellers’ applications to enter Malaysia for trade and investment purposes while adhering to strict SOPs. Combined with Malaysia’s National Vaccination Programme, the OSC has played an important role in Malaysia’s value proposition and ensuring a frictionless and productive flow of people, ideas and investment.

To increase the ease of doing business for investors in Malaysia, MIDA implemented the PACU@MIDA or the Project Acceleration and Coordination Unit to provide end-to-end facilitation for all projects approved to enable the timely implementation of investments in the country.

Staying ahead with the evolution of the investment landscape in the region towards digitalisation and Industry 4.0, MIDA has revamped its investment promotion and facilitation processes to strengthen and prime the nation’s digital ecosystem for the future, ensuring the country remains competitive on the path of recovery post-COVID.

These initiatives include InvestMalaysia portal – a single gateway portal to access applications that include e-Manufacturing Licence (e-ML), e-Incentive and JPC Online Application, company profiles and promotional events. Such facilities will provide users with approvals for manufacturing licenses, incentives and exemption of customs duties to expedite the execution of projects.

In collaboration with the Malaysia Digital Economy Corporation (MDEC), MIDA has established the Digital Investment Office (DIO), a full-fledged digital platform to coordinate and facilitate digital investments in Malaysia. The DIO’s establishments raised awareness on digital investments in the country. They streamlined the coordination among all Investment Promotion Agencies (IPAs) in promoting and attracting new investments in this fast-evolving segment. The role of DIO is consistent with the MyDIGITAL Blueprint and the National Investment Aspirations, guided by the essence of the Shared Prosperity Vision (SPV) 2030.

The MIDA Assessment Development Centre (MADC) is a collaboration initiative known as HyTalentProgramme, a synergised effort between three premier local universities that offers up-skilling and reskilling programmes to local graduates and talented individuals to make them career and industry-ready.

Additionally, MITI has appointed MIDA as the Implementation Agency to offer the Industry4WRD Intervention Fund, a financial support facility for Malaysian SMEs in the manufacturing and related services sectors to embrace Industry 4.0. This Fund is eligible for all SMEs which have completed the government-funded Industry4WRD Readiness Assessment (R.A.) programme.

MIDA Boosting Malaysia’s Economic Dynamism

As of December 2021, MIDA has identified 352 high-profile foreign investment projects, including Fortune 500 companies in the manufacturing and services sectors, with a combined potential investment value of RM39.2 billion within the agency’s purview. These include aerospace, electric vehicles, machinery and equipment, I.C. design, advanced electronics, advanced materials, fine chemicals, renewable energy (such as photovoltaic, optics and photonics), display technology, petrochemical, pharmaceutical, medical devices and food security. These projects will create more than 19,000 new job opportunities for the rakyat.

While 2021 presented unique economic challenges, Malaysia remains steadfast in its fundamentals as the pre-eminent preferred investment destination in the region and set to catapult the nation to stage its most robust recovery post-pandemic. As we forge ahead in the new year on the path of economic revitalisation supported by ongoing policy reforms, effective deployment of vaccination programmes and accelerated digitalisation, the government remains committed to prioritising the needs of our people and businesses.

*****

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, Linkedin and Youtube channel.

For media enquiries please contact:
Ms. Fatmah Ahmad
Director, Corporate Communications Division
DL: +603-2267 2428 | Email: [email protected]

Malaysia’s Economy Continues To Soar To Greater Heights


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Kuala Lumpur, 1 March 2022 – Menicon Co., Ltd, the Japanese-headquartered specialised designer and manufacturer of contact lenses and lens care solutions today announced an investment of RM650 million (JPY18 billion) for the establishment of its first manufacturing plant in Malaysia at the Kulim Hi-Tech Park, Kedah to produce daily disposable contact lenses.

This strategic investment, through its wholly owned subsidiary, Menicon Malaysia Sdn. Bhd. (Menicon Malaysia) will witness the setup of the building and equipment for a new production facility spanning over a site area of 200,000 square metres. The plant’s 45,000 square metres floor area will also be built aligning with the Sustainable Development Goals (SDGs). Environmental-friendly features like solar panels will be installed to utilise renewable energy and eaves to prevent rise in room temperature.

Notably, the plant is expected to employ close to 100 personnel once the scheduled production begins in 2025, which will further position Malaysia at the forefront as a global hub for quality investments while creating high-value jobs.

Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI) said, “Menicon’s decision to establish a highly automated factory here is a testament to our ability in meeting rigorous demands of highly regulated industries like medical devices and our business-friendly policies that can support our investors’ business goals. This investment meets our National Investment Aspirations (NIA), particularly in creating greater economic complexity and high-value career opportunities for Malaysians. Furthermore, Menicon’s commitment to sustainable practices in the design and construction of their plant augurs well with Malaysia’s ESG goals for greener investment undertakings.”

Datuk Arham Abdul Rahman, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA) echoing the Senior Minister said, “MIDA has been working closely with Menicon throughout the pandemic to materialise their investment successfully. This continuous facilitation includes the One-Stop Centre (OSC) for Business Travellers, which enables investors to travel to Malaysia for their investment undertakings in efforts to minimise disruptions to the economy and revitalise trade and investment into our country. We are optimistic that Menicon’s investment will be another major step forward for Malaysia and the company’s growth here will be beneficial for our local medical devices industry and people.”

Dr. Hidenari Tanaka, CEO of Menicon Co. Ltd. remarked, “Our Malaysian plant is set to be the largest facility in the Menicon group globally. This facility combined with our existing plant in Singapore is expected to drive our business growth in the international market. To meet high level of quality control requirements in our industry, this new plant in Kedah will be designed and built as a Smart Factory. We have evaluated various aspects of each country such as global competitiveness, risk of natural disasters, languages, and finally selected Malaysia as the best location to realise a stable operation for the long-term. Our strong and longstanding ties with the Government of Malaysia will help us set-up smoothly in this new location and help us meet the global demand for daily disposable contact lenses and contribute to the Malaysian economy.”

He further shared that due to the increasing myopia population globally, contact lens market, especially daily disposable contact lens, has been growing in recent years. To meet the growing demand, the whole supply process of contact lens including production, transportation and shipment will be connected by an integrated system, which will enable high level of productivity and quality control supported by the industry’s high-performing machines.

Menicon’s investment project was discussed during the Trade and Investment Mission (TIM) to Tokyo in April 2021 led by Dato’ Seri Mohamed Azmin Ali. The project’s approval and subsequent start of the facility’s construction in August 2022 demonstrates the Government’s continued effort to welcome and facilitate high-quality FDIs for Malaysia.


About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

About Menicon Co., Ltd.
Menicon Co., Ltd., headquartered in Nagoya, Japan, has distribution channels in more than 80 countries and specialises in every aspect of the field from material development and lens design to manufacturing of lenses and lens care solutions. Menicon provides contact lens users with safe products and services through innovative product development and unique subscription service called “MELS plan”, which was developed by CEO, Hidenari Tanaka.
https://www.menicon.co.jp/
https://www.menicon.com/

For more information, please contact:

MIDA
Balkish Mohd Yasin (Ms.)
Director, Life Sciences & Medical Technology Division, MIDA
[email protected] | +603-2267 3458

Menicon
Liaison & Public Relations Dept
[email protected]

Menicon Announces Largest Global Manufacturing Facility In Malaysia


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22 February 2022, Bangi – Ministry of Environment and Water (KASA), the Malaysian Green Technology and Climate Change Corporation (MGTC), Malaysian Investment Development Authority (MIDA) and Malaysia External Trade Development Corporation (MATRADE) successfully recorded business leads worth RM4.6 billion through Memorandum of Understanding and Memorandum of Cooperation agreements from the virtual 12th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2021), held over 6 months from July to end December last year.

The overall event themed “Redefining Sustainability” focused on delivering sustainable economic and social well-being in a planet-friendly manner. The region’s largest trade event for green technologies and eco-solutions achieved commendable results, recording over 15,000 policy makers, entrepreneurs, industry experts and other delegates, from over 50 countries, who explored the 195 booths and participated in the over 144 conference sessions.

Speaking to the media during the briefing, the Minister of Environment and Water, Yang Berhormat Dato’ Sri Tuan Ibrahim Tuan Man said, “KASA is very much committed to enhancing the action of addressing climate change. This effort was disclosed in the country’s statement in conjunction with the COP 26 conference held in Glasgow, United Kingdom in November 2021.”

“In addition to delivering commendable results, the ventures signed at IGEM 2021 cover future-ready sectors such as hydrogen, electric vehicles and low carbon cities. These sectors strongly support the government’s sustainable economy agenda while also ensuring the creation of long-term employment opportunities for the Rakyat,” he added.

In line with efforts to transition to an endemic phase in the national Covid-19 mitigation strategy, the Minister also announced that IGEM 2022 will take on a hybrid format. A physical exhibition is to be held for 3 days at the Kuala Lumpur Convention Centre from 12 to 14 October. Virtual IGEM 2022 will be held one month before the physical event. IGEM 2022 has set targets of RM3 billion in business leads and 30,000 visitors. It will feature 300 exhibitor booths, both online and across three exhibition halls at the Kuala Lumpur Convention Centre. IGEM 2022 will be a key focus among stakeholders in the implementation and coordination of more effective strategies on climate change in the country.

MIDA, confirmed its participation in IGEM 2022 and will continue to play an important role to facilitate inbound investments in the manufacturing and services sectors. IGEM 2021’s virtual booth have yielded a total of 71 project leads with potential investment of RM 2.52 billion in various activities.

MIDA’s Chief Executive Officer (CEO), Datuk Arham Abdul Rahman, said, “ As IGEM’s strategic partner, MIDA is privileged to continue playing an integral role in facilitating towards the nation’s Sustainable Development Goals (SDG). IGEM fits the country’s mission to collectively pursue economic and social well-being. We are honoured to be selected as strategic investment partners in such an esteemed event. Working together with KASA on IGEM, over the years we have been able to attract strategic projects that are aligned with the Sustainable Development Goals (SDG) and Environmental, Sustainability and Good Governance (ESG) policies for Malaysia.”

“These green – technology and environmentally conscious business models are crucial in positioning Malaysia as a sustainable and ESG complaint investment destination which is a key competitive advantage for global brands,” he added.

IGEM 2021 has succeeded in acting as a catalyst through forums such as the inaugural International Hydrogen Economy Forum and Strategic Lab, ‘Visioning a Hydrogen Economy for Malaysia’ in collaboration with KASA, the Ministry of Science, Technology and Innovation (MOSTI), MGTC and Nano Malaysia. This forum explored positioning Malaysia as a regional leader in the production of green hydrogen as a source of clean energy in power production and transportation, as well as an impetus for new economic growth and new employment opportunities.

Further afield, IGEM 2021 had also featured as part of KASA’s month-long programme held at the Malaysia Pavilion in Expo 2020 Dubai, providing an opportunity to promote IGEM’s exhibitors as well as Malaysian green technology innovation and expertise to a wider global audience.

MGTC’s CEO, Shamsul Bahar Mohd Nor said, “With the success of IGEM 2021, I am confident that the upcoming IGEM will once again surface new opportunities for greater deployment of green and sustainable technologies in the regional post-Covid economic recovery, enhancing climate change
mitigation and fast-tracking the roll-out of climate change adaptation technologies and strategies as we all build back better.”

“Thank you to our exhibitors, conference partners, strategic partners and visitors for their support and hope that they will reaffirm their commitment by joining us and being a part of IGEM 2022 as we focus our collective efforts to accelerate net zero,” he added.

To explore more green technology opportunities and to register in advance, please visit www.igem.my.

– END –

About Malaysian Green Technology and Climate Change Corporation (MGTC)
Malaysian Green Technology and Climate Change Corporation (MGTC) is an agency of the Ministry of Environment and Water (KASA) mandated to drive the country in the scope of Green Growth, Climate Change Mitigation and Green Lifestyle.

Three national policies, in particular, the National Green Technology Policy (NGTP), the National Climate Change Policy (NCCP) and the Green Technology Master Plan (GTMP), regulated MGTC’s role as a catalyst for green economic growth.

MGTC’s initiatives and programs provide specific details in achieving the long -term impact of the Nationally Determined Contribution (NDC) to reduce greenhouse gas emission intensity by 45% based on Gross Domestic Product (GDP) compared to emission intensity in 2005 by 2030, increasing the GDP rate from green technology of RM100 Billion and the generation of 230,000 green jobs.

About MIDA
MIDA is the Government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and Youtube.

For media enquiries, please contact:
Zaid Karim Shaari
Director of Industry Development
Email: [email protected] || Mobile: +60 12-297 7625

MIDA
Wan Hashimah Wan Salleh (Ms.)
Director, Green Technology Division
DL: +603-2267 3540 | Email: [email protected]

IGEM 2021 Generated a Total of RM4.6 billion in Business Leads


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Kuala Lumpur, 15 February 2022 – The Malaysian Investment Development Authority (MIDA) through its Domestic Investment Coordination Platform (DICP) with Bursa Malaysia and Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC) kickstarted their seminar series on ‘Business Growth through the Malaysian Capital Market’.

This inaugural seminar, held in Port Dickson, Negeri Sembilan, was jointly organised with Invest Negeri Sembilan and attracted 35 companies from Negeri Sembilan as well as Melaka. MIDA anticipates to organise more seminars throughout the country in 2022.

Recognising the financial challenges faced by the domestic industry players, particularly the SMEs and Mid-tier companies (MTCs) to execute their business expansion plans, MIDA looks to provide opportunities for businesses to learn, evaluate and consider raising capital through the public and private markets, as well as market-based financing options such as equity crowdfunding (ECF) registered with the SC.

During the event, Mr. Sukri Abu Bakar, the Director of Domestic Investment Division, MIDA remarked “Through MIDA’s proprietary services, we have enabled various scales of local businesses, including SMEs and SMIs. MIDA’s Domestic Investment Coordination Platform or DICP aims to bridge businesses, technologies and research capability with capital funding sourced from the public and private markets. We continuously work with local regulators, technology providers and financial institutions to drive business growth by facilitating business support services to SMEs and SMIs, crucial to domestic direct investments, which bring significant economic growth.”

Mr. Azhar Mohd Zabidi, the Director of Securities Market of Bursa Malaysia added,
“Bursa Malaysia is very pleased to support MIDA in the ‘Business Growth through the Malaysian Capital Market’ seminar with Invest Negeri Sembilan. This initiative is a great way to increase awareness and create better understanding among SMEs and MTCs throughout Malaysia to ultimately tap the Malaysian capital market through various channels including IPOs (initial public offerings). IPOs will not only facilitate the raising of capital to help fulfil growth strategies, but also open doors to new opportunities for the companies at different stages of growth.”

In supporting MIDA’s efforts in developing the growth of domestic businesses, CMM shared on its Elevate Programme, a bespoke executive leadership programme for Malaysian MTCs. The 12-month capacity development programme offers guidance on business redesign strategies, fundraising models and access to fund raising through the capital market. Companies that stand to benefit from this programme include business founders, privately-held family-run businesses in their second and third generations, entrepreneurs that are looking to leverage new investors for growth strategies as well as companies that are seek listing on the local bourse to expand their footprints.

The whole-day event featured panel presentations by MIDA, Capital Markets Malaysia and Bursa Malaysia Berhad; followed by one-on-one session between participants and private equity firms such as COPE and Bintang Capital; as well as equity crowd funding (ECF) platforms, 1337 Ventures and PitchIN.

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About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

About Bursa Malaysia
Bursa Malaysia is an Exchange holding company incorporated in 1976 and listed in 2005. It has grown to be one of the largest bourses in ASEAN today. Bursa Malaysia operates and regulates a fully-integrated exchange offering a comprehensive range of exchange-related facilities and is committed to Creating Opportunities, Growing Value. Learn more at www.bursamalaysia.com.

About Capital Markets Malaysia (CMM)
As part of its developmental mandate, the SC set up CMM in 2013 to spearhead both the local and international positioning and profiling of the Malaysian capital market with its wide range of conventional and Islamic products, supported by a strong governance infrastructure. CMM profiles the competitiveness and attractiveness of the various segments of the capital market to increase participation and enhance opportunities for capital market intermediaries, issuers and investors.

For more information, please contact:

MIDA
Sukri Abu Bakar (Mr.)
Director, Domestic Investment Division
[email protected] | +603 2267 3685

Bursa Malaysia
Muhammad Nizam Ashraff Mohd Taharim
Manager, PR & Media
[email protected] | +603 2034 7348

CMM
Farina Ahmad Farid (Ms.)
Head, Communication
[email protected] | +603 6204 8616

MIDA, Bursa Malaysia and CMM Encourage Local Companies To Explore Alternative Fundraising


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Pulau Pinang, 10 February 2022 – Eclipse Automation Inc, a leading supplier of custom automated manufacturing equipment for the life sciences, energy, transportation, consumer electronics, and industrial industries, announced its first manufacturing facility in Asia to be based in Pulau Pinang. A groundbreaking ceremony for the new facility was held today at Batu Kawan, Pulau Pinang. The facility is set to serve its major customers across Asia Pacific and other regions and factory construction is expected to commence within the first quarter of 2022 with commercial operations targeted to begin in 2023.      

Eclipse Automation is headquartered in Ontario, Canada and has 20 facilities strategically located in the vicinity of Fortune 500 companies and manufacturing centres across Canada, United States and Central Europe. The latest expansion is part of the group’s commitment to increase manufacturing production capacity to meet global demands.           

“The new facility in Batu Kawan is expected to create approximately 150 new jobs by 2025 with about 80 per cent of the employees from the technical and engineering background. This project is timely and significant as it can contribute to the Malaysian economy in terms of high-income employment amidst the COVID-19 pandemic. This project which further strengthens Malaysia’s position as a strategic destination for global Machinery and Equipment (M&E) players that will create a multiplier effect within the domestic economy in terms of local supply chain usage and technology transfer,” shared Datuk Arham Abdul Rahman, Chief Executive Officer of Malaysian Investment Development Authority (MIDA).  

The Eclipse Automation Malaysia site will span three (3) acres of prime industrial land, with a production area of 55,000 square feet and an office area of 27,000 square feet designed to fully support the compliance needs of the customers within the life sciences sector, as well as serving the high-tech automotive, alternative energy, and consumer industries. This site will also act as a cost-effective and desirable strategic location for continued global growth, in collaboration with Eclipse’s current technology and manufacturing hubs in Canada, the U.S.A., Germany, Hungary and Switzerland.

Eclipse Automation CEO, Mr. Steve Mai, said “We celebrated the Year of the Tiger with a brave new level of expansion within our business. Eclipse Malaysia will further extend its reach, to bring customers’ expert regional support, service and fulfillment within Asia. The site in Pulau Pinang will provide exceptional, value-added manufacturing options to best support global programs, including replication line and outsourcing model platforms. Our Malaysian facility will also employ a large team of highly-qualified engineers, assemblers and other support teams to enhance our ability to provide solutions with a powerful follow-the-sun model of service. We appreciate MIDA for supporting us throughout our journey and Malaysia’s pro-business, pro-trade and business-friendly investment policies have played a key role in helping us make our investment decision.”

“With our Government’s business-friendly policies, investors such as Eclipse Automation can leverage on Malaysia’s strategic location, a vast network of infrastructure, strong support industries as well as talented workforce to become prominent players within the global value chain. I am also confident that Eclipse Automation’s investment will be another major step forward for Malaysia and their growth here will be beneficial for our local industry and people.” added Datuk Arham

In 2021, a total of 49 M&E projects have been approved with an investment value of RM1.3 billion. Of the total, 27 were new projects, with investments amounting to RM753.7 million (56.3 per cent). The remaining 22 were expansion/diversification projects worth RM584.4 million (43.7 per cent). Most of the investments approved were from foreign sources amounting to RM906.0 million or 67.7 percent, while the remaining RM432.2 million (32.3 per cent) were from domestic direct investment (DDI). These approved projects are expected to create 2,253 new job opportunities.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

About Eclipse Automation, Inc

Founded in 2001 and with over 900 employees, Eclipse offers customized automation and manufacturing solutions from prototype to production for major MNCs across the globe in the field of machinery and equipment. Eclipse Automation had long been involved in Design & Manufacturing of factory automation systems and modules for a wide variety of industrial applications, and accelerator for innovation and invention in the automation industry. For its sixth consecutive year, Eclipse was recognized as one of Canada’s Best-Managed Companies for overall business excellence by Deloitte’s Best Managed Companies program. Eclipse was also a six-year recipient of the Growth 500 Award that celebrates Canada’s most dynamic and successful businesses. For more information about Eclipse Automation Inc, please visit www.eclipseautomation.com.

For more information, please contact:

Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division, MIDA
Telephone: 03-2267 3628
Email: [email protected]

Ms. Patty Atwell
Global Director,
Marketing & Communications
Eclipse Automation Inc.
Cambridge, Ontario, CANADA
Telephone: +1 519-620-1906 ext:734
Mobile: +1 519-635-1722
Email: [email protected]

Mr. Mathew Perera
General Manager
Eclipse Malaysia Sdn. Bhd.
Penang, MALAYSIA
Telephone: +604-589-9988
Mobile: +6016 419-5438
Email: [email protected]

Eclipse Automation’s Right Move to Establish Its Overseas Manufacturing Facility in Malaysia


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Kuala Lumpur, 4 February 2022 – Malaysia’s pharmaceutical industry recorded RM397.67 million approved investment from January to September 2021, exceeding the highest full-year figure approved in 2017. The sector also achieved astounding export figures for 2021, amounting to RM2.42 billion, a 24 percent increase from 2020.

YB Datuk Lim Ban Hong, Deputy Minister of International Trade and Industry (MITI), commended the industry’s outstanding performance during his industry visit to Biocon Sdn. Bhd. in Johor on 26 January 2022. “MITI has always attached great importance to the development of the pharmaceutical industry, particularly as we progress into the new norm with COVID-19. The increasing demand for medical and healthcare services has further driven the rapid development of the pharmaceutical industry.”

YB Datuk Lim Ban Hong further mentioned, “The Malaysian Investment Development Authority (MIDA) has also been continuously attracting and targetting high-quality tech investments in the pharmaceutical industry to strengthen Malaysia’s position in the global value chain. Biocon’s establishment and growing footprint is a testament to our nation’s competitive advantages and commitment to deliver value to our investors in line with our National Investment Aspirations and Twelfth Malaysia Plan.”

Biocon, one of the top Asian biopharmaceutical companies, chose Malaysia to set up Asia’s largest integrated insulin manufacturing facility in 2010 at the Southern Industrial Logistics Park (SILC), Johor. The project valued at over USD350 million is among Malaysia’s highest foreign pharmaceutical investments, and the first and only facility for manufacturing of insulins in Malaysia.

The company’s Malaysian hub is its first overseas bio-pharmaceuticals manufacturing and research facility. The well-equipped, state-of-the-art manufacturing facility in Nusajaya has employed around 800 employees and is the country’s first US-FDA-certified sterile biologics facility. Over the last five years, Biocon has been supplying life saving insulin products to patients in Malaysia from its Johor facility.

YB Datuk Lim Ban Hong welcomed Biocon’s commitment to supporting the Government’s emphasis on local talent development. “We trust that Biocon will be instrumental in Malaysia’s effort to retain local talent and ensure the local pharmaceutical industry ecosystem continues to thrive for years to come. Besides creating high-value job opportunities, we are responsible for preparing our aspiring young innovators and leaders because they are crucial to nation-building in this technologically driven era. We hope to see more of our local players exploring the international pharmaceutical market beyond catering to domestic needs.”

He further added that the partnership between Biocon and Malaysia would bring forth new R&D activities to spur growth in product innovation and new career options. Biocon, during the visit also indicated plans for an expansion of the facility to make the facility a hub for insulin manufacturing for meeting patient needs across the globe. Since 2020, the Government has adopted policies that prioritise the public’s welfare, including raising healthcare expenditure and improving medical access to prioritise the healthcare needs of the high-risk segments. Such measures have increased manufacturing volume and brought new trade opportunities with other nations to meet global healthcare demands.

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About MIDA

MIDA is the Government’s principal promotion agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

For media enquiries, please contact:
Balkish Mohd Yasin (Ms)
Director
Life Sciences & Medical Technology Division, MIDA
[email protected] | DL: +603-2267 3458

Malaysia’s Pharmaceutical Industry Expanding Strongly Records Highest Approved Investment since 2017


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Kuala Lumpur, 3 February 2022 – Further to the Budget 2022 announcement, the Finance Bill 2021 was tabled in Parliament and unanimously passed on 23 December 2021. The Finance Bill 2021 incorporates several announcements made in the Budget 2022 and contains proposed amendments, including to the Promotion of Investments Act 1986 (PIA). Effective from 1 January 2022, the definitions of “Contract Research and Development Company” and “Research and Development Company” under section 2 of the PIA require companies to be approved as a research and development (R&D) status company by the Minister of International Trade and Industry (MITI).

Companies in the business of providing R&D services namely, Contract R&D Company and R&D Company that wish to apply for R&D tax incentive will be granted R&D status (subject to MITI’s approval) for a period of five (5) years. Companies approved with this status may apply for extension to the Malaysian Investment Development Authority (MIDA). However, the granting of the approval is subject to consideration by MITI and the Ministry of Finance.

The Finance Bill 2021 further provides that existing Contract R&D Companies and R&D Companies which have been given approval as a R&D company prior to 1 January 2022 which intend to fall within the new definition of “Contract Research and Development Company” and “Research and Development Company” are required to notify MIDA within the grace period that is from 1 January 2022 to 30 June 2022 for consideration. For this purpose, companies are required to provide documents to prove that they are undertaking activities relating to R&D as defined under the PIA and complies with conditions imposed previously in their approval letters. Failure to do so will cause the companies to cease their status as approved companies fulfilling the definition of “contract research and development company” and “research and development company”.

The Finance Bill 2021 may also be referred at the following link:

https://lom.agc.gov.my/act-detail.php?language=BI&act=833

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram and Facebook, LinkedIn and YouTube channel.

For more information, please contact:

Puan Rashidah Othman
Director, Advanced Technology and R&D Division, MIDA
Email: [email protected]
Tel : 03-2267 3431

Puan Zuaida Abdullah
Director, Strategic Planning & Policy Advocacy (Services), MIDA
Email: [email protected]
Tel : 03-2267 6675

Amendments to The Definition Of Contract Research & Development Company And Research & Development Company In The Promotion Of Investments Act, 1986 Including Application For Approval As A Research & Development Company


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Kuala Lumpur, 28 January 2022 – The Malaysian Investment Development Authority (MIDA), Malaysia Productivity Corporation (MPC) and Intel Malaysia today awarded Intel’s Artificial Intelligent (AI) Kits to five (5) local universities, namely Universiti Malaya, Universiti Sains Malaysia, Universiti Tunku Abdul Rahman, Universiti Tenaga Nasional and Asia Pacific University of Technology and Innovation.

To ensure a conducive learning environment for the youth, MPC, MIDA and Intel Malaysia are pushing to break the myth that digital technology is only for techies. Designed with innovation in mind, the ‘AI-based machine vision’ kits align with the growth of the emerging technologies by providing education institutions an avenue to equip future talents with AI skills.

This handover event is a continuation of Artificial Intelligence for Universities (AI4U) programme launched by the organisations in November 2021, to facilitate the building of their respective AI Labs among these institutions to cultivate computational thinking skills among students of various fields of study. This sponsorship opportunity will also enhance training and learning capabilities, initiate research in technology theories and design, and introduce intelligent computing and machine learning.

Dato’ Arham Abdul Rahman, Chief Executive Officer of MIDA in his welcome remarks, said “AI education unlocks collaborative and remote learning, giving communities of learners ubiquitous access to knowledge and self-development. MIDA aspires to emulate the success of the AI4U Programme to initiate multiple academia-industry collaborations because such initiatives are fundamental to our future. Besides creating high-value job opportunities, we are responsible for preparing our aspiring young technology innovators and leaders because they are crucial to nation-building in this technologically driven era. We hope today’s milestone will trigger new opportunities to emulate similar partnerships between premier universities and the corporate sector to enhance growth in AI-related research activities and commercial product innovation. Congratulations to everyone involved!”

The Director General of MPC, Dato’ Abdul Latif Hj. Abu Seman said MPC is delighted to collaborate with MIDA and Intel Malaysia in the AI4U programme. He remarked, “As technology evolves, employers are asking for graduates with different skills as well and higher education will need to respond accordingly. As we ramp up our efforts, we gave the education institutions a facelift to reflect our goals for an AI-driven future.”

The five (5) selected universities are expected to establish their respective AI labs, which will serve to empower students of all faculties to learn and experience AI. This programme is also designed to have the computer science faculty of the universities to be the peer trainer by their respective computer science students and lecturers to the rest of their faculty.

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About MIDA
MIDA is the government’s principal promotion agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

About MPC
The Malaysia Productivity Corporation (MPC) is a statutory body under the Ministry of International Trade and Industry (MITI). MPC promotes productivity, quality and competitiveness to the industries and organisations in Malaysia. MPC’s vision is to be the leading organisation in productivity enhancement for global competitiveness and innovation.

For media enquiries, please contact:

MIDA
Aizah Abdullah
Director
Industry Talent Management and Expatriate Division
[email protected] | DL: +603-2267 3529

MPC
Huda Atiqah Samsir
[email protected] | DL: +6013 726 1950

Lee Wan Wei
[email protected] | DL: +6012 295 5105

MIDA, MPC and Intel Taking AI Innovation to The Next Level for Education Institutions


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Kuala Lumpur, 13 January 2022 – The Malaysian Investment Development Authority (MIDA) kickstarted their 2022 to build relationships in appreciating partners and stakeholders’ contribution towards MIDA in 2021. During their annual media appreciation and networking event, YBhg. Dato’ Arham Abdul Rahman, Chief Executive Officer of MIDA, thanked the unwavering commitment and support from the media team in helping MIDA highlight Malaysia’s potential as an investment destination in 2021 and shared a brief insight into the organisation’s theme for this year, “Rebuilding a sustainable economy through quality investment and strategic investment supply chain development in 2022”.

The Government, via MIDA, remains focused on attracting high-quality investments from foreign and domestic companies into Malaysia through various investment strategies and policy initiatives amid the COVID-19 pandemic.

From January to September 2021, Malaysia attracted RM177.8 billion approved investments in the manufacturing, services and primary sectors and generated 79,899 job opportunities. Within the first nine months of 2021, foreign direct investments (FDI) contributed RM106.1 billion, accounting for nearly 60 per cent of the total approved investments. The remainder, 40.3per cent or RM71.7 billion, were channelled from domestic direct investments (DDI), thanks to the existing and new aspiring local companies meeting the growing industrial needs of different MNCs.

Many Fortune 500 and local companies made pivotal decisions to leverage Malaysia’s role as a strategic supply chain hub with cost advantages and pro-business policies, a friendly economic environment and ASEAN trade and bilateral relations.

MIDA has consistently explored avenues to enhance its business processes, delivery and facilitation to further increase efficiency in supporting investors. Among the major initiatives undertaken by the Government to improve Malaysia’s investment environment include:-

a. One-Stop-Centre (OSC) Facilities
To facilitate the movement of short-term business travellers during the pandemic.

b. The Digital Investment Office (DIO)
A fully digital collaborative platform between MIDA and the Malaysian Digital Economy Corporation (MDEC) to spur the charge towards facilitating digital investments in Malaysia.

c. InvestMalaysia
A single gateway portal for approval of investment projects.

d. MIDA’s Project Acceleration and Coordination Unit (PACU)
End-to-end facilitation to all approved projects in the country, enabling speedy and efficient implementation.

e. MIDA Assessment Development Centre (MADC)
A collaboration initiative known as HyTalent Programme; a synergised effort between three (3) premier local universities that offer up-skilling and re-skilling programmes to local graduates and talented individuals to make them career and industry-ready.

f. The Intervention Fund (IF) and Smart Automation Grant (SAG)
To facilitate our local players’ technical competencies.

YBhg. Dato’ Arham Abdul Rahman shared, “We focused on accelerating the adoption and adaptation of digitalisation to transition brick and mortar hubs into “smart factories” to enhance flexibility and optimise productivity and growth remotely. We strive to ensure that Malaysia remains welcoming of investors by rolling out several game-changing measures to ease the challenges of operating businesses in the country while encouraging and facilitating the adoption of technology, innovation and research by companies. Looking towards 2022, MIDA encourages companies to accelerate the adoption of digitalisation and intensify research and development (R&D) activities to discover new technologies”.

Malaysia also focuses on pursuing more high quality, capital-intensive projects and those that support the sustainable development agenda of the nation. Aligning to the Shared Prosperity Vision (SPV) 2030 and the Twelfth Malaysia Plan (RMK12), the country has been securing new investments that align well with Malaysia’s National Investment Aspirations (NIA) and Environmental, Social and Governance (ESG) principles. The NIA is expected to propel Malaysia’s long-term growth through the flow of sustainable quality investment in new and complex growth areas.

To reflect this, MIDA has lined up targetted trade and investment missions (TIM) and Specific project Missions (SPM) to capture investments in high technology, innovation and research-driven industries that will complement the Malaysian industrial ecosystem. MIDA has a pipeline of 477 projects with proposed investments of RM33.3 billion in the manufacturing and services sectors within MIDA’s purview. These include aerospace, electronic vehicles, machinery and equipment, IC design, advanced electronics; advanced materials; fine chemicals; renewable energy such as photovoltaic; optics and photonics; display technology; petrochemical; pharmaceutical, medical devices, etc. food security.

“As the coordinating central investment promotion agency and a one-stop centre for potential investments, we look forward to working collaboratively with the relevant investment promotion agencies to harness the competitive strengths of every state within Malaysia.” added Dato’ Arham.

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About MIDA
MIDA is the Government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channels.

For further enquiries, please contact:

MIDA
Fatmah Ahmad
Senior Deputy Director
+603  2267 2428
[email protected]

Citrine One   
Edna Zacharias
Communication Director
+601 6355 4758
[email protected]

Citrine One
Jane Goh
Consultant
+601 3312 1027
[email protected]

MIDA Affirms Commitment to Building a Sustainable Investment Ecosystem for Malaysia in 2022


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Kuala Lumpur, 7 January 2022 — Micron Technology, Inc. (Nasdaq: MU), today announced an investment of RM1 million to strengthen collaboration, research and development (R&D) projects with local universities over the next five years. Funding will go towards grants supporting research in the areas of semiconductor materials, smart manufacturing and artificial intelligence which are key to the advancement of tech manufacturing in the country.

“Like all fellow Penangites, my colleagues and I are immensely proud of Penang’s achievements in the electronic and electrical industry. Yet to go further, we need partners who share our vision for Penang, and Micron is one of them,” said Yang Amat Berhormat Tuan Chow Kon Yeow, Chief Minister of Penang. “The RM1 million grant funding to local universities by Micron today further reinforces the company’s commitment to using its leadership, influence and resources to create positive change, on top of its relentless efforts in employee wellbeing, sustainability, and corporate social responsibility.”

“We are encouraged by Micron’s efforts and contribution to build a resilient semiconductor ecosystem that supports Malaysia’s competitiveness as the destination of choice for future investments,” said YBhg. Dato’ Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA). “For the past 50 years, MIDA has strived to position Malaysia as an international manufacturing hub whose holistic electrical and electronics ecosystem enables front-end and back-end semiconductor production, and this would not have materialised without the active contribution of the corporate sector. Besides advancing business growth, their involvement in universities’ academic curriculum development has been catalytic in grooming aspiring young technology innovators and leaders who are fundamental to this industry’s success. This partnership between Micron and Universiti Sains Malaysia (USM) is set to create new growth opportunities and we welcome such collaborations to transpire between other various institutors and companies.”

“Malaysia is critical to our global manufacturing footprint, and we hope the funding and knowledge transfer to local universities will strengthen the local semiconductor ecosystem, advance R&D and deepen science, technology and engineering skills in the local talent pool,” said Amarjit Singh Sandhu, Corporate Vice President and Country Manager of Micron Malaysia. “We aim to use our presence and influence to contribute to Malaysia’s economy, including generating quality jobs and increasing the country’s productivity, efficiency, and global competitiveness.”

USM is the first university partner to receive funding from Micron. The Memorandum of Understanding (MOU) between Micron and USM was signed during an official (virtual) ceremony by Amarjit Singh Sandhu, Corporate Vice President and Country Manager of Micron Malaysia and YBhg. Professor Dato’ Dr. Faisal Rafiq Bin Mahamd Adikan, Vice Chancellor of USM.

Witnessing the funding announcement and MOU signing ceremony were Yang Amat Berhormat Tuan Chow Kon Yeow, Chief Minister of Penang, and YBhg. Dato’ Arham Abdul Rahman, CEO of MIDA. Also in attendance were YBhg Professor Dato’ Ir. Dr. Abdul Rahman Bin Mohamed, Deputy Vice Chancellor of USM, YBhg. Dato’ Seri Lee Kah Choon, Special Investment Advisor to Chief Minister of Penang, and YBhg. Dato’ Loo Lee Lian, CEO of InvestPenang.

“I wish to thank Micron for giving USM the opportunity to be the first university partner to receive funding and hope that it will spur research and strengthen the collaborations between both organisations,” said YBhg. Professor Dato’ Dr. Faisal Rafiq Bin Mahamd Adikan, Vice Chancellor of USM. “The partnership between Micron and USM is in line with the focus area of the National Fourth Industrial Revolution’s policy, and supported by national policies such as the 12th Malaysia Plan and Wawasan Kemakmuran Bersama 2030.”

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About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About Micron Technology, Inc.
We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence and 5G applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

© 2022 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

For more information, please contact:

MIDA Industry Talent Management and Expatriate Division
Aizah Abdullah
Director
+603-2267 3529
[email protected]

Micron Media Relations Contact
Erica Pompen
Micron Technology, Inc.
+1 (408) 834-1873
[email protected]

Micron Investor Relations Contact
Farhan Ahmad
Micron Technology, Inc.
+1 (408) 834-1927
[email protected]

Micron Invests RM1 Million to Support Research at Local Universities


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KUALA LUMPUR, 30 DECEMBER 2021 – Simmtech, a South Korean- based global leading manufacturer for Printed Circuit Board (PCB) and packaging substrate for semiconductors, is currently constructing its first large scale factory in Southeast Asia at Batu Kawan Industrial Park, Penang, Malaysia.

Despite the challenges due to the onset of Covid-19, the facility’s construction is right on track and scheduled for completion in the first quarter of 2022. The factory will be manufacturing the region’s first packaging substrates for dynamic random-access memory (DRAM) / NAND memory chips and High-Density Interconnect (HDI) PCB for memory module / Solid State Drive (SSD) devices and operations expected to commence in the second quarter next year.

“Given the supply constraint globally, it is absolutely critical that our Penang project goes full swing to manage the supply chain. With the synergistic support from the Federal government agencies especially Malaysian Investment Development Authority (MIDA) and the State government agencies, our greenfield project is chartering in lightning speed to ramp up capacity to our major customers in this region” said Mr. Jeffery Chun, the Managing Director at Simmtech Southeast Asia.

Dato’ Arham Abdul Rahman, Chief Executive Officer of MIDA shared that “The Electrical and Electronics (E&E) manufacturing industry is rapidly evolving. More and more companies are demanding knowledge-intensive, hi-tech and innovative activities. MIDA is targeting more front-end and back-end semiconductor players as well as their supply chains to consider Malaysia as an alternative site for their production. MIDA welcomes Simmtech and their prospects in nurturing Malaysians to equip themselves with the technological skills for the current industry’s needs and beyond. We are confident that Simmtech will only stand to gain here in Malaysia.”

The project will be invested via its Malaysian subsidiary, Sustio Sdn. Bhd. with the total investment of RM508 million benefitting local businesses with opportunities to be integrated in the global value chain. The new factory in Penang are anticipated to create more than 1,000 high-skilled jobs in engineering, manufacturing and quality management, by the first half of 2022. Furthermore, through the new substrate and PCB factory, Malaysia’s robust ecosystem as a hub for advanced manufacturing will be strengthened, while serving as an important link in driving the global semiconductor value chain. Amidst a depleted supply of chips globally, the steady surge in demand for high-performance computing and memory products catalysed the customers to design co-development programmes with Simmtech to get the products from the newly certified facility, and successfully multiply mass production in the shortest turnover time.

Mr. Chun added, “With this co-development programme with our key customers, we are confident that our project will not only be completed in time and primed for the market, but also be ready for production at full capacity as soon as we commence operations next year.” As one of the world’s largest players in the semiconductor industry, the Penang factory serving as a manufacturing plant for the region’s first packaging substrates will position Simmtech as a differentiator from our competitors, thereby jumpstarting the dynamics of global chips shortage.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About Simmtech

Since its establishment in 1987, Simmtech has been focusing on developing and manufacturing high-layer PCB for semiconductors. Equipped with its world best manufacturing competitiveness accumulated throughout the years, Simmtech produces the most advanced PCB to the semiconductor global leaders. The major products by Simmtech include module PCB for semiconductors’ memory expansion and substrates for packaging semiconductor chip.

Simmtech is leading the technology evolution as a core supplier for package substrate to Tier-1 semiconductor customers. Notably, the company’s memory module PCB, BOC boards for DRAM package and Embedded Trace Substrate were awarded “World Class Products” by the Korean Government with the largest market share in the world. Simmtech went public in 2000 at Korea stock exchange market and is expected to reach 1.2 billion USD sales revenue this year.

For more information, please contact:

MIDA
Ms. Azlina Hamdan
Director, E&E Division, MIDA
+603-2267 3791| [email protected]

Simmtech Southeast Asia
Ms. Michelle Chun
Office Manager
+65 8940 3088 |
[email protected]

Sustio, Simmtech’s First Large Scale Factory in Southeast Asia’s Construction Goes Full Steam Ahead in Penang


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Kuala Lumpur, 23 December 2021 – Malaysia has attracted a total of RM177.8 billion approved investments in the manufacturing, services and primary sectors, involving 3,037 projects in January to September 2021. This represents an outstanding 51.5 per cent increase compared to the same period last year and is expected to generate 79,899 jobs in the country.

YB. Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry shared that “The country’s stellar performance is indeed a testament to investors’ strong confidence in Malaysia as a preferred investment hub, particularly our conducive business ecosystem in providing high-skilled talents and having strong readiness in advanced technology. This, in turn, further bolsters our role as a prominent site in global companies’ manufacturing networks, enhancing Malaysia’s position as a pioneering, renowned investment destination in the region.”

The manufacturing sector accounted for the largest share of the total investments for the period, amounting to RM103.9 billion (58.4%), followed by the services sector with RM57.8 billion (32.5%) and the primary sector with RM16.1 billion (9.1%).

Foreign direct investments (FDI) accounted for nearly 60 per cent of approved investments, valued at RM106.1 billion. Singapore, China, Austria, Japan and the Netherlands were the top five (5) foreign investment sources contributing to nearly 85.3 per cent or RM90.6 billion of the total approved FDI in the country.

While FDI lead the approved investments in the manufacturing sector investments from local companies dominated in the services and primary sectors. Domestic direct investments (DDI) totaled RM71.7 billion or 40.3 per cent of the total approved investments.

Five states – Kedah, Sarawak, W.P. Kuala Lumpur, Selangor and Pahang contributed RM134.8 billion (75.8%) to the total approved investments in various sectors.

Manufacturing Sector

A total of 522 manufacturing projects worth RM103.9 billion were approved in the period of January to September 2021, compared to RM64.8 billion in the same period last year, which translates to more than 60 per cent increase.

FDI drove the strong performance of the manufacturing sector during the period soaring by 133.5 per cent compared to the same period in 2020, accounting for 88.3 per cent or RM91.7 billion of the approved investments within the sector. The remaining RM12.2 billion (11.7%) approved investments in the sector were from domestic sources.

In terms of top-performing industries in January to September 2021, the electrical and electronics (E&E) (RM64.3 billion), fabricated metal products (RM14.0 billion), rubber products (RM5.4 billion), basic metal products (RM5.2 billion), food manufacturing (RM4.6 billion), chemicals and chemical products (RM4.1 billion), scientific and measuring equipment (RM2.1 billion) and transport equipment (RM980.8 million) made up 96.8 per cent of total approved investments for the manufacturing sector.

The Senior Minister highlighted Malaysia is focusing on pursuing more high quality, capital-intensive projects and those that support the sustainable development agenda of the nation. “Supporting our nation’s Shared Prosperity Vision (SPV) 2030 and our Twelfth Malaysia Plan (RMK12), we have been securing new investments that align well Malaysia’s National Investment Aspirations (NIA) and Environmental, Social and Governance (ESG) principles. This is reflected by the increasing number of capital-intensive projects approved by MIDA in January to September 2021,” he added.

The capital investment per employee (CIPE) ratio of the projects approved during the period increased to RM1,736,420 from RM1,276,071 compared to the same period last year.

From these approved investments, the workforce required include 2,923 managerial positions and 10,207 technical professionals such as engineers in the field of E&E, mechanical, chemical and other disciplines, reflecting the higher value chain transition of the manufacturing sector. The approved manufacturing projects will also require 7,907 skilled craftsmen such as plant maintenance supervisors, tools and die makers, machinists, IT personnel, quality controllers, electricians and welders.

Notable projects approved during the period include AT&S, an Austrian company and global leader of high-end printed circuit boards (PCB) and integrated circuit (IC) substrates that has chosen Malaysia for its first production plant in the region. The company’s RM8.5 billion investment in Kulim, Kedah looks to tap into the country for its manufacturing operation and R&D activities. This will further boost Malaysia’s domestic E&E ecosystem, creating high-tech jobs for Malaysians and opportunities for local vendors.

Nexperia Malaysia, a wholly owned subsidiary of Nexperia BV (Netherlands) which is among the leading players in the high-volume production of essential semiconductors and components that are utilised in a variety of electronic designs, will also be expanding its operations in Negeri Sembilan by investing in building, equipment and automation. This will provide potential job opportunity of 700 skilled workers over time to man and maintain automated production lines, underscoring Malaysia’s local talent capability and mature E&E supply chain that supports companies’ long-term growth.

Japan-based Taiyo Yuden also announced an investment of RM680 million for the expansion of its multilayer ceramic capacitors production in Kuching, Sarawak. This is to meet the growing demands of their clients in ASEAN.

Services Sector

The first nine months of 2021 saw the approval of 2,473 services projects with approved investments of RM57.8 billion. These projects are expected to create 19,731 jobs once implemented.

Domestic investments dominated those approved within the sector, making up RM46.9 billion or 81.1 per cent, while the  remainder RM10.9 billion are from foreign sources.

The real estate sub-sector remained the largest contributor with RM20.1 billion; whereby global establishments, financial services, hotel and tourism as well as transport services have also recorded increases during the period.

Notably, the approved investments for global establishments saw a significant jump in approved investment from the corresponding period last year with RM9.2 billion. A total of 83 projects proposing to make Malaysia their regional or global operations hubs were approved during the period of January to September 2021. These activities, which are expected to create new jobs for 3,760 knowledge-based or highly technical skilled workers, will also position Malaysia on course for greater integration into the global supply chain.

Primary Sector

The primary sector contributed RM16.1 billion or 9.1 per cent to the total approved investments in January to September 2021, a 827 per cent jump from the corresponding period last year.

The mining subsector dominated with approved investments of RM16.0 billion, followed by plantation and commodities with RM84.8 million and agriculture at RM11.5 million. These investments are expected to create 304 jobs in the country.

Investments from domestic sources made up the bulk of the approvals with a total amount of RM12.6 billion or 78.3 per cent, while foreign investments contributed RM3.5 billion or 21.7 per cent.

The Government is fully committed to ensure sustainable recovery and equitable economic growth for our Keluarga Malaysia. MIDA, under the guidance of MITI, continuously strives to ensure the nation and the rakyat are the ultimate beneficiaries of the investments brought into the country. Looking towards 2022, the Government has lined-up strategic and focused trade and investment missions targeted to capture investments in high technology, innovation and research-driven industries that will complement the Malaysian industrial ecosystem.

This will build upon the 523 projects with proposed investments of RM37.2 billion in the manufacturing and services sectors that are within MIDA’s pipeline as of 10 December 2021.   

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

For media enquiries, please contact:

Fatmah Ahmad (Ms)

Email: [email protected] | DL: +603-2267 2428

Malaysia Records Outstanding RM177.8 Billion Approved Investments in Jan-Sept 2021


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Kuala Lumpur, Malaysia, 22 December 2021 – DSR Taiko Berhad (DSR), Malaysia’s first integrated durian specialist is embarking on its international expansion by bringing the homegrown Musang King durian specialities to the global stage, starting with 15 countries in early 2022. Going under the D.MasKing brand, DSR will distribute its in-house developed durian specialities to these countries including People’s Republic of China, United Arab Emirates (UAE), Indonesia, Singapore and South Africa, through its Daily Fresh outlets. This long-term strategic plan was highlighted during the launching of D.Masking’s second flagship store in Lot 10, Bukit Bintang.

DSR is a fully integrated orchard-to-market durian player with extensive knowledge in the upstream orchard management. The Company’s dynamic capabilities are the testament of its strategic alliance with Daily Fresh’s know-how in product development, state-of-the-art facilities as well as its wide distribution networks which enables them to grow their business to the next level.

Dato’ Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), expressed, “One of MIDA’s ethos is to be an effective conduit for product development efforts by Malaysian companies, starting from seeding their research and development (R&D) right up to spurring commercialisation and marketing reach in the domestic and international markets. MIDA via the Domestic Investment Coordination Platform (DICP) has successfully assisted many SMEs and local businesses including DSR to pursue their business plans by providing the missing link between businesses, funding, technology and research capability. We are proud to play a role in facilitating an all-win scenario that would be the pride of the nation.”

During the launching, DSR has also exchanged a Project Agreement with SIRIM Tech Venture, a subsidiary of SIRIM Berhad, to develop SIRIM industry standards on Musang King, one of the most popular breeds of durian via Musang King Integrated Tracking System (MKITS) for the product traceability enhancement. Further to that, the development of the system would involve various entities such as PERKESO and University Research Centres, and upon completion will be used as the ‘gold’ standard for the industry. The collaboration is expected to spur job creation as well as develop new skillsets in agriculture best practices. DSR anticipates to leverage on the incentives available to provide on-the-job trainings for employees to encourage new knowledge creation.

Dato’ Dr Ahmad Sabirin Arshad, President and Group Chief Executive of SIRIM Berhad, commented, “Establishing a quality standard for agriculture facilitates three important steps for future industry development, by setting a base line, enabling product quality enhancements in a meaningful and quantifiable manner, and replicating the system to scale up the operations.”

“We are pleased to pioneer this standard for Musang King in partnership with DSR to raise the industry benchmarks for Musang King plantations in Malaysia. I believe this would also advocate sustainable agriculture practices, by inculcating a discipline in plantation owners to utilise responsible farming methods towards achieving steady growth in the coming years,” added Dato’ Dr Ahmad Sabirin.  

Dato’ Ng Lian Poh, Chief Executive Officer of DSR Taiko Berhad remarked, “Thus far, the durian industry has mostly exported durian fruits. DSR is now taking it a step further to enhance fresh durians’ added value by developing unique specialty products. We are grateful to collaborate with key government agencies to bring Malaysia’s distinctive taste to the world. With the support of MIDA, we are aggressively undertaking R&D and opening up new overseas markets via Daily Fresh’s existing outlets to entice global palates. This would help us tap into the potential of the immense downstream durian products market.”

“In addition, our partnership with SIRIM Tech Venture will enable us to develop a holistic orchards-to-consumer (O2C) business solutions to develop inaugural industry standards for Musang King durians, as well as Musang King Integrated Tracking Systems (MKITS) to enhance product traceability. This is in line with our motto where ‘Origin Matters’ and is a perfect public and private partnership to raise the standards of the durian plantation industry to authenticate the Malaysian-made king of fruits.”

Dato’ Ng concluded, “This journey that we are embarking on will be a long one — akin to the duration a durian tree takes to grow – but we are looking forward to making this particular king of fruits species the pride of Malaysia across the world. We are confident that this growth in the agriculture industry will continue to boost the nation’s economy.”

DSR’s new store would offer specialty durian products such as durian pizza, durian truffle popcorn, Musang King gelato, as well as Musang King gelato filled confectionery in croissants, puffs, waffles and tarts. To further enhance its global appeal, the Company will also participate in the World Expo 2020 which is tentatively scheduled to be held in Dubai in February 2022 to showcase its downstream durian products internationally. DSR also aims to increase the coverage to more than 300 Daily Fresh outlets nationwide in 2022.

Present at the launch were YBhg. Dato’ Arham Abdul Rahman, CEO of MIDA, YBhg. Dato’ Dr Ahmad Sabirin, Group President and Chief Executive of SIRIM Berhad, Mr. Ajmain Bin Kasim, CEO of SIRIM Technology Sdn Bhd, Mr Ng Soh Kian, Executive Chairman of DSR, Dato’ Ng Lian Poh, CEO of DSR, and Mr. Chay Hong Choong, Managing Director of Daily Fresh Foods Group.

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About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become an active and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 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 Twitter, Instagram and Facebook.

About SIRIM Berhad

A wholly-owned company of the Malaysian Government under the Ministry of International Trade and Industry, SIRIM Berhad is a leading organisation for technology and quality solutions specialising in: Industrial Research, Technology Development and Commercialisation; Certification, Testing and Inspection; Measurement and Calibration; Training; Standards Research and Development; Technology-based Entrepreneurship; and Design Advisory.

About DSR Taiko Berhad (www.dsrfruits.com)

DSR stands for ‘Durian Sudah Runtuh’, denoting a ripe durian and a Malay euphemism for windfall earnings.

DSR is Asia’s first fully integrated orchard-to-market durian player. Established since 2017, DSR’s durian plantation in Raub, Pahang encompasses over 3,800 durian trees, of which majority are authentic Raub Musang King durians.

DSR Daily Fresh Sdn Bhd combines DSR’s durian orchard management expertise with Daily Fresh’s know-how in product development, state-of-the-art facilities, and wide distribution networks internationally. The partnership develops and produces fresh Musang King durian-based products, to be distributed to all Daily Fresh kiosks in Malaysia and overseas, as well as DSR’s own flagship store D.MasKing.

DSR Daily Fresh will make it more accessible for consumers to enjoy durian products all year round and ensure a constant income stream for durian orchard owners.

DSR’s partnership with key government agencies such as MIDA and SIRIM Tech Venture opens a new horizon to promote and create value for Musang King durian products across the globe. With advanced technology being incorporated in agriculture practices, this will further support the sustenance of Musang King plantations in Malaysia. 

For more information, please contact:

MIDA
Mr. Sukri Abu Bakar

Director of Domestic Investment Division
Tel.: +603- 2267 3685
Email: [email protected]

SIRIM
Ms. Amalia Hasannudin

Public relations/strategic communication
Tel.: 017 3096519
Email: [email protected]

DSR TAIKO BERHAD
Aquilas Advisory (Malaysia) Sdn Bhd.

Ms. Julia Pong
Tel.: +603- 27111391 / +6012-3909 258
Email: [email protected]

Ms. Stephanie Wee
Tel.: +603- 27111391 / +6017-3772 816
Email: [email protected]

DSR to Bring Homegrown Durian Specialities to Global Stage


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Kuala Lumpur, 9 December 2021 — Nexperia Malaysia Sdn. Bhd., a wholly owned subsidiary of Nexperia BV (Netherlands) will be expanding its presence in Malaysia with the groundbreaking ceremony of its latest facility in Seremban, Negeri Sembilan today.

“By 2026, Nexperia Malaysia is looking to invest an additional RM1.6 billion for building, equipment and automation in Malaysia. This will also provide an opportunity for us to hire 700 more skilled workers over time to man and maintain automated production lines. We are committed to growing our operations here to meet our clients’ demands for our products,” announced Mr. Harith Abdullah, Vice President of Nexperia Malaysia.  

The Netherland-headquartered global semiconductor manufacturer is among the leading players in the high-volume production of essential semiconductors and components that are utilised in a variety of electronic designs. Its extensive product-portfolio includes diodes, transistors, and electrostatic discharge (ESD) protection devices as well as analog and logic integrated circuits.

The company’s new 4-storey building will feature 11,000 sqm of clean room space. With 20,000 sqm’s worth of build-up space, the facility will house a fully automated raw material warehouse and is anticipated to be operational by mid-2022.

YAB Dato’ Seri Haji Aminuddin Harun, Chief Minister of Negeri Sembilan said in his speech, “Nexperia Malaysia’s decision to continue expanding its operations in Negeri Sembilan is a testament to the nation’s comprehensive electrical and electronics (E&E) ecosystem, underscoring our local talent’s capability and developing a supply chain that supports long-term growth. This is a significant step forward for Malaysia’s semiconductor ecosystem. We are proud to be associated with Nexperia Malaysia in driving the Malaysians to be part of the global semiconductor supply chain. Additionally, this investment will ultimately generate employment.”

Dato’ Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) applauded Nexperia’s move to ramp up its chip production in Malaysia, “Nexperia benefits from establishing their footprint in Malaysia, further strengthening their operations in Negeri Sembilan by producing more complex products. With the global chip shortage, we are confident Malaysia will continue to be a desirable E&E location for global companies. We look forward to seeing Nexperia rise up to be among the catalytic investors contributing towards the development of the state’s E&E cluster, creating more opportunities for Malaysians which aligns with the main pillars of our National Investment Aspiration (NIA).”

Notably, Nexperia’s new automated warehouse will triple the company’s storage capacity in comparison to its current warehouse system. The production floor will also be fully automated with Industry 4.0 standards to support its growth on essential power products for the automotive industry.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About Nexperia Malaysia

Nexperia is a leading expert in the high-volume production of essential semiconductors, components that are required by every electronic design in the world. The company’s extensive portfolio includes diodes, bipolar transistors, ESD protection devices, MOSFETs, GaN FETs and analog & logic ICs. Focused on efficiency, Nexperia produces consistently reliable semiconductor components at high volume: more than 90 billion annually. The company’s extensive portfolio meets the stringent standards set by the automotive industry. The industry-leading small packages, produced in the company’s manufacturing facilities, combine power and thermal efficiency with best-in-class quality levels. Built on over half a century of expertise, Nexperia has over 12,000 employees across Asia, Europe and the U.S. supporting customers globally.

For more information or media queries, please contact:

Ms. Azlina Hamdan
Director of Electrical & Electronics Division, MIDA
azlina @mida.gov.my | +603-2267 3791

Mr. Raymond Chan
Financial Controller, Nexperia Malaysia
[email protected] | +6012 320 7154

Mr. Muhammad Hilman
Human Resource Director, Nexperia Malaysia
[email protected] I +6016 394 0581

Nexperia Malaysia to Ramp Up Chip Production with New Production Facility in Negeri Sembilan


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Malaysia, Johor, 2 December 2021 – Bridge Data Centres, one of the region’s key data centre service providers headquartered in Singapore has announced the construction of its fourth hyperscale data centre (MY06), the largest of its kind in Johor, Malaysia. This will involve an investment value of RM2.5 billion over the next 5 years. A subsidiary of Chindata Group, Bridge has set Phase 1 of the project to be in place by end of 2022 with Phase 2 expected to be in completion shortly thereafter. The Bridge Data Center (BDC) development strategy aims to connect all Chindata Group data centres using dark fiber connectivity, linking with the Malaysian Cable Landing Station to increase the reach of global connection.

“We are proud to be able to continue our expansion journey in Malaysia. This hyperscale campus with three buildings, marks our commitment to scalable and reliable solutions and comes with massive hiring and investment opportunities within the industry,” said Lim Dz Shing, President of Bridge Data Centres.

Approximately located on 40 acres of land area, the hyperscale campus will operate at a combined capacity of 100 MW IT load located strategically within Kidex Sedenak, the jewel component of the larger 7,290 acres of the Sedenak Technology Valley.

YBhg. Dato’ Arham Abdul Rahman, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA) said, “The data center space is economically significant to Malaysia’s transformation towards an advanced digital nation, paving the way for modern businesses. The Digital First Programme, with the goal of increasing the use of cloud computing in the public sector announced as part of Budget 2022, signifies the need of data centers as the key to digital transformation.”

“MIDA is excited to see BDC’s commitment to fortify its presence in Malaysia. It is a strong testimony and confidence in the country’s position to become a regional data centre hub. MIDA and MDEC, through the Digital Investment Office, which role is to attract and facilitate all digital investments in Malaysia, in line with MyDigital Blueprint and National Investment Aspirations (NIA) will continue our effort in transforming new and existing economic clusters as digital enablers, create high income jobs and encourage digital upskilling of the local workforce and businesses.” added Dato’ Arham.

Ts. Mahadhir Aziz, CEO of Malaysia Digital Economy Corporation (MDEC) remarked, “The establishment of this hyperscale campus is not only a testament to Malaysia’s strength as the digital hub of ASEAN, but also to the country’s perpetual efforts in driving a progressive and inclusive digital economy. The new campus will benefit the people through the creation of new jobs and towards accelerating emerging technology adoption, while showcasing Malaysia’s capabilities and capacities in the Fourth Industrial Revolution (4IR). We would like to thank Bridge Data Centres for their continued confidence and support of Malaysia’s digital economy.”

In accordance with the Malaysian Government’s nationwide aspiration to achieve 50 percent of the cloud adoption through cloud data centres for 5G adoption by 2024, BDC is committed to invest in the growing data centre economy that is expected to grow significantly in this region.

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About MIDA

MIDA is the Government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About MDEC

Malaysia Digital Economy Corporation (MDEC) is the agency under the Ministry of Communications and Multimedia Malaysia leading the nation’s digital transformation for 25 years. MDEC’s agenda is Malaysia 5.0, enabling a nation deeply integrated with technology, providing equitable digital opportunities to the people and businesses. In order to achieve this, we will focus on four key DIGITAL thrusts, New skills, Adoption, Disruptors and Investments. This forms the basis of our NADI Digital brand campaign that will drive our core programmes for the rakyat, business and investors. MDEC’s aim is for Malaysia to become a globally competitive digital nation, anchored on inclusivity, sustainability and shared prosperity, firmly establishing Malaysia as the Heart of Digital ASEAN. To find out more about MDEC’s Digital Economy initiatives, please visit us at www.mdec.my or follow us on: Facebook: https://www.facebook.com/MyMDEC/ Twitter: @mymdec

About Bridge Data Centres

A subsidiary of NASDAQ-listed Chindata Group, Bridge Data Centres is one of the largest Data Centre companies in the region, providing hyperscale and wholesale data center solutions. Headquartered in Singapore, Bridge Data Centres will be operating 156+ MW of IT capacity across India and Malaysia. Offering a full range of innovative and transformative solutions for businesses looking to grow their reach and revenue in emerging markets and are committed to attaining carbon neutrality by 2030 as announced by Chindata Group. For more details, please visit bridgedatacentres.com.

For more information or media queries, please contact:

MIDA

Business Services and Regional Operations, MIDA
Ms. Rosedalina Ramlan
Email : [email protected] | DL: +603-2267 3515


MDEC

Digital Investment Division, MDEC
Mr. Razif Abdul Aziz
Email : [email protected] | DL: +603-8315 3111


Bridge Data Centres

W. Media on behalf of Bridge Data Centres
Mr. Justin Heyes
Email: [email protected] | DL: +60 11 6418 2724

Bridge Data Centres Announces Construction Of Its Fourth Hyperscale Data Centre Campus In Johor, Malaysia


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Kuala Lumpur, 29 November 2021 – The Malaysian Investment Development Authority (MIDA), in collaboration with Intel Malaysia and the Malaysia Productivity Corporation (MPC), successfully organised a virtual launching of the Intel Artificial Intelligence for Universities (AI4U) Programme today. The event is a continuation of Intel’s pilot Artificial Intelligence for SMEs (AI4S) Programme, launched earlier in January 2021.

The AI4U Programme is an initiative that is set out to introduce an ‘AI-based machine vision’ to the university community. Parallel to the Malaysian Government’s aspirations of preparing the country and its youths for the future, the programme supports the Twelfth Malaysia Plan (12MP) to advance digital economy, normalise digitalisation for inclusive development, accelerate Research, Development, Commercialisation and Innovation, as well as to capitalise on emerging technologies.

As a commitment under the recently tabled Budget 2022 to improve the quality of education, the AI4U Programme is a testament to Intel Malaysia’s continuous commitment in bridging the gap between the needs of the industry and the supply of young local talents. This is expected to benefit young graduates and the underprivileged further through technical and vocational education and training.

In his opening remarks, Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer of Investment Promotion and Facilitation, MIDA, emphasised the importance of cultivating an ‘AI mindset’ among university graduates, especially those without a background in computer science. Effectively, the programme is expected to shatter the traditional notion that AI is only for ‘techies’.

“I am confident that this initiative developed by MIDA, Intel and MPC will serve as a catalyst to the local universities and education centres in proactively creating a new generation of AI-savvy Malaysians who are primed to propel the nation towards achieving Industry 4.0,” he said.

Mr. Sivasuriyamoorthy further expressed his hopes that the AI4U Programme will also inspire other MNCs in Malaysia to emulate Intel’s goodwill in contributing back to the talent ecosystem in Malaysia, not only on the prospects of increasing talent capabilities overall but the enhancing of their own value proposition as well.

MIDA has stepped up its efforts in preparing local talents for future jobs, sharpening the country’s competitive edge to become the preferred investment destination. Being the government’s principal investment promotion and development agency, MIDA has been collaborating with academic institutions, policymakers, and industry players to undertake initiatives that will drive the right skilling and continuous technology grading of the local talents.

To drive this is Intel, a leader in artificial intelligence solutions, specialising in both software and hardware. The renowned company has a well-documented passion towards connecting its partners together in technology and knowledge exchanges, thus aiding in the development of the local manufacturing ecosystem in Malaysia. Intel will be supporting the programme by laying the groundwork for these modules to be executed, including training to the lecturers.

“The AI4U programme is yet another collaborative initiative between Intel, MIDA and MPC to prepare our future workforce for the AI world, after the launch of the AI for SMEs (A14S) and AI for Youth (AI4Y) programs. It has been inspiring to work together with MIDA and MPC to address the AI gap in Malaysia, and through programs such as AI4U, we hope to bring AI technology and knowledge to all students regardless of their specialisation, as part of our overall goal of equipping a wider segment of the population with AI skills”, Aik Kean (AK) Chong, the Managing Director of Intel Malaysia commented.

At the enterprise, sectoral and national levels, the Malaysia Productivity Corporation (MPC) has organised programmes aimed at catering to the country’s needs for highly-skilled and well-trained human capital. This is to steer a new workforce generation towards higher-value and knowledge-based activities, subsequently fulfilling the nation’s aspiration to become an advanced economy.

YBhg. Dato’ Abdul Latif Hj. Abu Seman, Director General of MPC, said along with MIDA & Intel, this AI4U program is a follow-up program from the success of our AI Machine Vision for SMEs, also known as AI4S. As the Operational Partner of this AI4U Project, MPC will be managing the entire training process with technical support from Intel.

“With the introduction of AI4U program, MPC is confident that the academic community will gain as much knowledge as possible on AI-based machine vision technologies and its applications. MPC is delighted to be a part of this program together with MIDA and Intel Malaysia,” added Dato’ Latif.

This launch featured a line-up of 5 public and private universities namely, Universiti Malaya (UM), Universiti Sains Malaysia (USM), Universiti Tunku Abdul Rahman (UTAR), Universiti Tenaga Nasional (UNITEN) and Asia Pacific University of Technology and Innovation (APU). These institutions were awarded with Intel’s AI Kits needed to establish their respective AI Labs and will serve to empower students of all faculties to learn and adopt AI-based machine vision systems.

The representatives of each university, from chancellors to presidents and deans, welcomed the programme, citing not only how it will benefit their respective institutions but the prospects of raising an AI-conscious generation. Considering the normalisation of AI across multiple industries, the universiti representatives expressed their confidence that the AI4U programme is the way forward for Malaysian youths and their gratitude for being the institutions chosen to partake in the programme.

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About Intel

Intel Malaysia was the first offshore site for Intel Corporation, with more than RM22 billion invested since 1972. Today, Intel Malaysia employs more than 12,000 employees including the country’s largest design and development centre and one of only two Intel shared services hubs supporting HR, Finance, Procurement, IT, and Supply Chain operations to Intel sites globally. Intel Malaysia is also Intel’s largest assembly and test manufacturing site that produces Intel’s latest products utilizing smart manufacturing techniques.

© Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.

About Malaysia Productivity Corporation (MPC)

Malaysia Productivity Corporation (MPC) is a statutory body under the Ministry of International Trade and Industry (MITI). MPC promotes productivity, quality and competitiveness to the industries and organisations in Malaysia. MPC’s vision is to be the leading organisation in productivity enhancement for global competitiveness and innovation.

About Malaysian Investment Development Authority (MIDA)

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

For more information or media queries, please contact:

Intel
Tripti Dahiya (Ms.)
PR Manager – Southeast Asia
Email: [email protected]
Tel: +65 84366612

MIDA
Aizah Abdullah (Ms.)
Industry Talent Management and Expatriate MIDA
Email: [email protected] Tel: 03-2267 3529

Malaysia Productivity Corporation (MPC)
Lee Wan Wei (Ms.)
Productivity & Competitiveness Development
Email: [email protected] Tel: 03-7955 7266

Intel Artificial Intelligence For Universities (AI4U) Programme Empowers Tertiary Students With Future-Ready AI Capabilities


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Kuala Lumpur 24 November 2021 — Turkish Aerospace opened its new office at the Cyberview Futurise campus in Selangor, Malaysia today. This is the company’s first engineering and design office in Southeast Asia.

Turkish Aerospace will continue its investments and collaborations in Malaysia for the development of new generation technologies, particularly in the field of defense industry and aviation. As one of the leading companies in the global aviation industry, it has expanded its reach further by establishing more than 10 technology offices around the world.

In this collaboration, Turkish and Malaysian engineers will work in the new office to carry out joint studies in a variety of areas which includes unmanned aerial vehicles, jet trainers, helicopter projects, and modernisation programmes for the global aviation ecosystem.

Senior Minister and Minister of International Trade and Industry (MITI), YB. Dato’ Seri Mohamed Azmin Ali, who officiated the opening, said: “The opening of Turkish Aerospace’s first engineering and design office in Malaysia is opportune for us to look at how we can synergise our joint expertise to secure workflow for the benefit of the Turkish and Malaysian aerospace industry. Turkey has one of the fastest developing defence and aerospace sectors in the world and has achieved many firsts for the Muslim world.”

The Senior Minister also said that the bilateral linkages between Malaysia and Turkey have continued to grow from strength to strength, noting that talks between Malaysia and Turkey on the expansion of FTA have made substantial progress.

Echoing the Senior Minister, Dato’ Arham Abdul Rahman, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA) shared, “Turkish Aerospace’s footprint in Malaysia will enhance Malaysia’s aerospace ecosystem, which has the right value proposition for the company to expand its presence in ASEAN and beyond, particularly in the manufacturing and high-end services sector. The competitive cost of doing business in Malaysia will undoubtedly be beneficial for both parties to raise the nation’s local expertise as well as certification status.”

Expressing his views on the newly opened office, Turkish Aerospace’s CEO and President, Prof. Temel Kotil said, “With the engineers we will employ, we will strengthen the ties between the two countries and host important studies for Malaysia and Turkey to develop joint projects in the field of aviation, space and defense. We aim to expand our experience in these fields within the scope of joint projects with Malaysia and to strengthen the global aviation industry, especially in our regions. I hope our newly opened office in Malaysia will be beneficial in raising the relations between the two countries, and I would like to thank my friends for their efforts.”

Dr. Merve Kavakcı, Turkish Ambassador to Malaysia, said: “I hope that the physical presence of the Turkish Aerospace, one of the leading companies in our country in aerospace and defence will be mutually beneficial for the relations between our two countries. We are pleased to see that Turkish defense industry companies are engaged in many solid cooperation projects in different parts of the world. In fact, today’s opening is a good  example of this. We have strong political and commercial relations with Malaysia. We are resolutely seeking for further progress through new collaborations in the field of defense industry. Malaysia is our largest trading and strategic partner in Southeast Asia. Just like our country, it is located in a very strategic position. Today’s opening demonstrates that Turkish companies are confident  about  strong, stable and prosperous Malaysia.”

The Malaysian Government will continue to focus on attracting high-quality investments within the aerospace industry. As per the Twelfth Malaysia Plan (12MP), being the leading aerospace nation in Southeast Asia is one of the country’s focuses, serving a broader objective of achieving Malaysia’s National Investment Aspirations (NIA) and Sustainable Development Goals.

As of June 2021, a total of 13 manufacturing projects with Turkish participation have been approved with total investments of RM510.4 million.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

About Turkısh Aerospace

Turkish Aerospace is the center of technology in design, development, manufacturing, integration of aerospace systems, modernisation and after sales support in Turkey.  Located in Ankara, Turkish Aerospace production plant covers an area of 4 million square meters with an industrial facility of 640,000 square meters under its roof. The company has a modern aircraft facility furnished with high technology machinery and equipment that provide extensive manufacturing capabilities ranging from parts manufacturing to aircraft assembly, flight tests and delivery.

For further enquiries, please contact:

Zahirul Ishak (Mr)
Director of Transport Technology Division, MIDA
Email: [email protected] | DL: +603-2267 6621

Gokhan Timurhan (Mr)
Chief of Digital and Media Relations
Email: [email protected] | [email protected]

Turkish Aerospace Opens New Office In Malaysia, Further Strengthening Investments And Collaborations In The Nation’s Aviation Industry


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Kuala Lumpur, 11 November 2021 – The Malaysian Investment Development Authority (MIDA) and Construction Industry Development Board (CIDB) inked a Memorandum of Understanding (MOU) in which both parties will collaborate to promote technology adoption and global best practices among Malaysian construction industry players in order to raise the standards and competitiveness of the sector.

The MoU signed by the Chief Executive Officer (CEO) of MIDA, Dato’ Arham Abdul Rahman, and the Chief Executive (CE) of CIDB, Datuk Ir. Ahmad ‘Asri Abdul Hamid commits for cooperative engagement for the next 5 years. It aims to strengthen the Construction 4.0 Strategic Plan, in-line with the Wawasan Kemakmuran Bersama (WKB) 2030 and the National Policy on Industry 4.0 (Industry4WRD). The MoU will also see both parties cooperating to enhance the areas of policy development and advocacy; research and development, training, and promotion of Industrialised Building Systems (IBS); Industrial Revolution 4.0 (IR4.0) and Construction Revolution 4.0 (CR4.0) technologies; green initiatives and building materials quality; as well as investment promotion in relevant sectors.

Dato’ Arham remarked, “Both MIDA and CIDB have entered a new cooperative partnership with the signing of an additional Memorandum of Understanding (MoU) to maximise production output, increase investments, improve quality, and practise sustainability in the manufacturing, services and construction sectors.”

“We aim to assist the construction industry to increase the use of IBS through digitisation and adopt industry 4.0 technology, apart from adhering to construction material standards compliance in Malaysia. Industries are encouraged to work on sustainable practices of environmental, social and governance (ESG) towards enhancing Malaysia’s competitiveness. We are here to advise on IBS incentives, green initiatives and building materials compliance, research and development, training, and promotion efforts.” added Dato’ Arham.

“CIDB is looking forward to collaborating with MIDA as our strategic partner to enhance the adoption of IBS, IR4.0, CR4.0, and sustainability including ESG, as we have a common purpose of raising the Malaysian construction industry’s quality and competitiveness to be on par globally,” said Datuk Ir. Ahmad ‘Asri Abdul Hamid, CE of CIDB.

The MOU was signed during the ‘CR4.0 Conference 2021’ with the theme “Building Construction Landscape through Big Data Supply Chain”, held virtually in conjunction with the annual International Construction Week (ICW2021) and ASEAN Super 8 from 9 to 11 November 2021. The conference, launched by YB Dato’ Sri Haji Fadilah Bin Haji Yusof, Senior Minister of Works, was attended by 300 participants with 15 speakers, panellists and moderators from industry players, academicians, researchers, and students throughout the Southeast Asia region.

In the recent 5 years, MIDA has approved a total of 56 IBS projects for manufacturing license valuing at RM4.5 billion in investments with 4,521 in employment opportunities including skilled positions for engineers, specialised quality controllers and highly skilled technicians.

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About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become an active and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 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 Twitter, Instagram and Facebook.

About CIDB Malaysia

The Construction Industry Development Board was established under the Construction Industry Development Act (Act 520) to develop the capacity and capability of the construction industry through enhancement of quality and productivity by placing great emphasis on professionalism, innovation and knowledge in the endeavor to improve the quality of life.

Media contact:

MIDA
Ms. Najihah Abas

Director of Building Technology and Lifestyle Division, MIDA
Tel.: 03- 2267 6717
Email: [email protected]

CIDB Malaysia
Ms. Noryani Ismail

General Manager
Corporate Communication Division
CIDB Malaysia
Tel.: 03-4047 7027
Email: [email protected]

MIDA and CIDB Renew Collaboration with New MOU to Promote Investments in The Industrialised Building System (IBS)


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Malaysia, Kedah, 30 October 2021 – AT&S Austria Technologie & Systemtechnik (Malaysia) Sdn Bhd is pleased to announce the start of construction of its new Integrated Circuit (IC) Substrates manufacturing facility here in Kulim Hi-Technology Park, Kedah

The groundbreaking ceremony was jointly officiated by YAB Tuan Haji Muhammad Sanusi Md Nor, Chief Minister of Kedah and YB Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI).

During his speech, YB Dato’ Seri Mohamed Azmin Ali remarked “Despite the pandemic, companies like AT&S are continuing to expand and grow. I am happy that AT&S has chosen Malaysia to establish its first production plant in Southeast Asia. This is by far the largest investment in the history of AT&S with the total investment of €1.7 billion Euros which is expected to create high skilled job opportunities for over 6,000 Malaysians. This investment is timely because the market environment is bullish with the dynamics of global demand.

I would also like to take this opportunity to congratulate MIDA for the expeditious effort since November 2020 to realise this investment. It is with great pride for me to note that it took only about 12 months for this investment to come to fruition from inception to groundbreaking. Indeed, this groundbreaking ceremony is a much-awaited event for Malaysia, and we are delighted to have one of the key global electrical and electronics (E&E) players here in Kedah.”

Echoing the Senior Minister, Mr. Arham Abdul Rahman, the Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA) remarked, “We are proud that AT&S will join Malaysia’s E&E industry cluster. Our strategic position within ASEAN, our robust pool of talent and our established local supply chains that are well-integrated into the global value chain are undeniable pull factors for investors such as AT&S to choose Malaysia as their springboard into the region. Being the country’s principal investment promotion agency under MITI, MIDA looks forward to working closely with AT&S to support the growth of their operations here in Malaysia.” Despite the global pandemic, MIDA has worked closely with AT&S since November 2020 to realise AT&S’ investment. The One-Stop Centre for Business Travellers, managed by MIDA enables investors to travel to Malaysia with a strict Standard of Procedure (SOP) and make business decisions, which also helped AT&S to set up their manufacturing plant in Kulim, Kedah.

The electrical and electronics (E&E) industry contributes to a significant part of Malaysia’s economy. Malaysia’s E&E manufacturing sector is rapidly evolving, with companies shifting their focus to high-tech, knowledge-intensive and higher-value activities. With the E&E ecosystem in place, MIDA is continuously working towards attracting high-value MNCs to Malaysia.

This AT&S project in Malaysia looks to enhance the development of Malaysia’s semiconductor ecosystem while opening opportunities for local vendors in advanced electronics through industry and training partnerships.

AT&S CEO, Mr. Andreas Gerstenmayer assured, “This step marks a true milestone for AT&S. With our new state-of-the-art factory for IC substrates, we are able to establish a completely new technology sector in Malaysia, one of the future global microelectronics hotspots. We will not only manufacture high-end IC substrates for high-performance processors at our new facility, but also conduct R&D activities at this location. This creates a win-win situation for both, AT&S as well as the Malaysian society as an investment in R&D is an investment in the future of a country.”

“With the AT&S investment in Malaysia, we are creating 6,000 high-tech jobs in the region and will help to set-up the framework for future growth in Malaysia”, says AT&S Chief Operating Officer (COO), Mr. Ingolf Schröeder. “We see it as our natural responsibility as an international company, to truly live our social commitment and our positioning as an inclusive, diverse and responsible employer at any new location.”

MIDA and AT&S had signed a Memorandum of Understanding (MOU) to collaborate on long-term research and development partnerships and upskilling programmes with Malaysian universities, training and research institutions, to create highly skilled and high-value-added employment opportunities.  The MOU will see both parties collaborate to uplift Malaysia’s talent competence, especially in high end printed circuit boards (PCB) and IC substrates.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

About AT&S

AT&S is a leading manufacturer of high-end printed circuit boards and IC substrates. AT&S industrialises leading-edge technologies for its core business segments Mobile Devices & Substrates, Automotive, Industrial and Medical. AT&S has a global presence with production sites in Austria (Leoben, Fehring) and plants in India (Nanjangud), China (Shanghai, Chongqing) and Korea (Ansan near Seoul). The company employs roughly 12,000 people. For further information please visit www.ats.net.

For more information, please contact:

Mr. Gerald Reischl, Director Communications & PR – AT&S AG
Tel.: +43 664 88592452 | Email: [email protected]  

 Ms. WaiQuan Wong, Junzi Communications On behalf of AT&S AG
Tel.: 03+6012-456 0308 | Email: [email protected]  

Ms. Azlina Hamdan, Director, E&E Division, MIDA
Tel.: +603-2267 3791| Email: [email protected]

AT&S ‘Breaks Ground’ On High Technology Manufacturing Facility In Kulim Hi-Technology Park, Malaysia


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MIDA Encourages Batik Manufacturers to Automate During the Batik Week 2021

Kuala Lumpur, 29 October 2021 – The Malaysian Investment Development Authority (MIDA), in collaboration with the Malaysian Batik Association, Yayasan Budi Penyayang Malaysia (PENYAYANG), Federation of Malaysian Fashion Textiles and Apparels (FMFTA), and Kraftangan Malaysia, hassuccessfullyorganised a Batik Week from 25 to 29 October 2021. The five-day virtual programme with the theme mooted on “Revitalising Malaysian Batik Industry”, aimed to elevate the Malaysian Batik through adoption of new technology and developing green business models. The Malaysian Government recognises the importance of the cottage industry as the national heritage and the nation’s pride, while the expertise of local craftsmen should be preserved and further enhanced.

YBhg. Dato’ Lokman Hakim, the Secretary General of Ministry of International Trade and Industry said, “The batik industry must be transformed through the adoption of green practices for it to stand out globally. This is critical as it aligns with the Environmental, Social and Governance (ESG) principles stipulated in various Government’s policies such as the Twelfth Malaysia Plan, National Investment Aspirations and National Trade Blueprint.”

He added, “Batik designers must strive to marry their creativity with innovation, to ensure our Malaysian batik is more marketable worldwide. Sustainability including technology adoption are strong value propositions that appeal to the international audiences.”

Mr. Arham Abdul Rahman, the Chief Executive Officer of MIDA, highlighted in his welcoming remarks, “Companies should automate and modernise in their bid to reduce overall costs and improve efficiency to compete better, while diversifying their operations into new market”. In line with Malaysia’s IR4.0 initiative, the event explored pathways for local manufacturers, especially the SMEs to embrace technology into the processes of batik making.

He explained, “The Twelfth Malaysian Plan outlines measures to reset the nation’s economy and to build a more resilient nation. In this context, industries’ growth depends upon stronger and comprehensive ecosystem with the right talent, skills and innovation. Moving forward, the Industry 4.0 technologies will be a rudimentary necessity for both the front-end as well as the back-end operations.”

The event showcased pioneer batik entrepreneurs through ‘Batik Showcase’ and Virtual Factory Tours to display their products and brand identity. The sessions created a platform for participants to understand the manufacturing process flow of the Malaysian Batik and its profound opportunities.

“The Batik Industry in Malaysia has set its evolution in place; the industry has matured and has inspired the production of new motifs and has established more new research methods in the batik production. Over the years, it has propagated and promoted the green principles in the batik technology and has diversify in terms of producing more innovative products”, reiterates Ms. Nori Abdullah, Chairman of PENYAYANG.

The event successfully brought together prominent industry stakeholders and more than 500 registered participants including the textile and apparels industry players over the 5 days of Batik Week. In the recent 5 years, MIDA has approved 122 textile and apparels projects with total investments of RM3,174 million, generating 7,538 careers, including skilled positions for engineers, specialised quality controllers and skilled technicians.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

For more information, please contact:

Ms. Najihah Abas, Director, Building Technology and Lifestyle Division, MIDA
Tel.: 03- 2267 6717| Email: [email protected]

Modernising The Batik Industry In Malaysia


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Kuala Lumpur, 27 October 2021 – The Malaysian Investment Development Authority (MIDA) with Intel Malaysia and Malaysia Productivity Corporation (MPC) successfully organised the Virtual Artificial Intelligence for SMEs (AI4S) Enhanced Programme for the second time today. The event is a continuation of the first AI4S event held in January this year, where Intel Malaysia awarded AI Starter Kits to 100 selected Malaysian companies. These identified SMEs are currently going through a comprehensive technology enabling process and training to empower them in implementing pilot projects in their business or operation setting to jump-start the Artificial Intelligence (AI) or Industry 4.0 journey.

Today’s AI4S Enhanced Programme saw Intel Malaysia committed to hand out a Field-Programmable Gate Array (FPGA) card to the participant companies. The FPGA card is a powerful tool that enables the AI kit to be five times more powerful than the existing kit.

Mr. Arham Abdul Rahman, Chief Executive Officer of MIDA, reiterates McKinsey’s findings that 50 per cent of the production work time in Malaysia is spent on repetitive activities that are highly automatable. “The AI features can assist to automate routine tasks, augment employees’ capabilities, and allow time to focus on more stimulating and higher value-adding work. If automation is widely adopted, AI could potentially create 6 million new jobs by 2030 in Malaysia with new skills and long-term workforce training will be high in demand. Therefore, it is important for the Government to intervene in overcoming challenges faced by the local companies in adopting AI especially in getting the right expertise and manage financing needs.” he added.

Mr. Ruban Kanagaratnam, Vice President of Intel Programmable Solutions Group (PSG), acknowledged, “Intel Malaysia believes that a major paradigm shift is needed in our attitude towards having a mind set to see technology as an industry; moving from rushing into creation of technology to balance it with the adoption of the new technology because it is the primary reason technology creates value in the nation’s development. The company trust that the domestic players especially SMEs has an equal opportunity to participate in this revolution if the technology is more user friendly, cost competitive and accessible to the local businesses.”

Intel is a leader in artificial intelligence solutions covering both software and hardware and is very passionate about bridging its partners, knowledge and technologies together to help build the local ecosystem in Malaysia. To date, five training sessions involving 93 companies have been successfully carried out by MPC and Intel.

Mr. Arham encourages other MNCs to also follow Intel’s footsteps in contributing back to the nation’s industrial ecosystem and increase the capabilities of domestic companies; while at the same time enhancing the MNC’s value proposition. According to him, MIDA is partnering up with Intel Malaysia to emulate a similar AI4S programme for selected local universities to prepare the future ready workforce in AI for entry level careers, while saving employers’ time and resources for basic AI training and skilling.

In line with the Government’s commitment, MIDA seeks industry leaders and players to leverage on the facilitation by the Government under the Industry4WRD initiative. This includes company undertaking Readiness Assessment (RA) programme to assess its capabilities and readiness to adopt Industry 4.0 technology. For more details, please get in touch with the officials or visit the official website at www.mida.gov.my.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

For more information, please contact:
Mr. Norhizam Ibrahim
Director, Advanced Technology and Research and Development Division, MIDA
Email: [email protected] | DL: +603 2267 6611

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Kuala Lumpur, 22 October 2021 – Mercedes-Benz AG, one of the world’s largest manufacturer of luxury passenger cars has decided to make Malaysia as their Regional Parts Logistics Centre for APAC to manage and distribute an assortment of replacement spare parts and accessories, serving 22 countries.

The company’s new facility in Malaysia will feature a storage capacity of one (1) million square feet and equipped with advanced storage and materials-handling systems to better serve its regional supply chain network.

This move was discussed during the Trade and Investment Mission (TIM) to Germany, led by YB. Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI), on 14 October 2021.

YB. Dato’ Seri Mohamed Azmin Ali remarked, “Mercedes-Benz AG’s decision in choosing Malaysia as their regional parts logistics centre for APAC not only signals the company’s continual pursuit for growth but also is an embodiment of the company’s confidence in Malaysia’s conducive ecosystem and our strength to support their long-term growth. It also acknowledges the capability of our local talent of highly skilled engineers, technicians and as the key global supply chain and distribution hub in the region. In line with the Twelfth Malaysia Plan (12MP), the Government will continue to enhance our ease of doing business, logistics and ports networks as well as promote strategic collaboration and industry linkages to increase Malaysia’s competitiveness in the region.”

Mercedes-Benz joins the increasing trend of establishment of global and regional distribution hubs in Malaysia by companies in industries such as automotive, life sciences and medical devices, electrical and electronics (E&E)as well as machinery and equipment (M&E). These companies seek to tap on Malaysia’s strategic location, talent availability as well as our efficient and reliable logistics network and infrastructure such as ports, airports and financial institutions, allowing them to improve operational efficiency as well as optimise quality and speed for their products and services for their customers.

Mr. Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) welcomed Mercedes-Benz AG’s decision to make Malaysia as their Regional Parts Logistics Centre for APAC, saying, “The Government acknowledges the positive spill-overs of quality investments to the development of Malaysia’s business ecosystem. As such, MIDA has been consistent in our efforts to scout and attract quality investments from around the world. This latest investment by Mercedes-Benz AG will assume a critical role to further strengthen the linkages within our local industry, create high value jobs for Malaysians and enhance our country’s positioning as a global supply chain and distribution hub.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International 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 20 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 Twitter, Instagram, Facebook, LinkedIn and YouTube.

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Mercedes-Benz AG Chooses Malaysia as Their Regional Parts Logistics Centre for APAC


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Senior Minister and Minister of International Trade and Industry, YB Dato’ Seri Mohamed Azmin Ali underscored Malaysia’s commitment in pursuing Environmental, Social and Governance (ESG) agenda through the recently unveiled Twelfth Malaysia Plan (RMKe12) and National Investment Aspirations (NIA), to the Government of France during his bilateral meeting with Minister Delegate for Foreign Trade and Economic Attractiveness, His Excellency Franck Riester in Paris.

The session with his counterpart in Paris kick started the Trade and Investment Mission (TIM) to France from 15th to 17th October 2021. During the meeting, Dato’ Seri Azmin highlighted opportunities in Malaysia’s growing green technology sector and Malaysian industry players’ capabilities in this high-value sector.

The Senior Minister further emphasised Malaysia’s firm commitment to support an ecosystem built on the sustainable agenda and shared that Malaysia aims to achieve carbon net-zero greenhouse gas (GHG) emissions at the earliest by 2050, which was warmly welcomed by the French Minister.

Both Ministers had an engaging discussion on topics of mutual interest ranging from economic recovery strategies in the endemic phase, advancing reforms at the World Trade Organisation (WTO), leveraging Malaysia’s position in the mega Regional Comprehensive Economic Partnership (RCEP) Agreement to investment and commercial opportunities in renewable energy. The Malaysian delegation also commended France’s renewed interest in the South East Asian region, including Malaysia, and saw this new development as a pathway to further strengthen the ties
between both nations. France’s growing interest in this region was greatly welcomed as France is set to assume the presidency of the Council of the European Union during the first half of 2022.

The Senior Minister held a Roundtable Meeting with Mouvement des Enterprises de France (MEDEF) International which saw the participation of 17 prominent companies including industry captains for aerospace, defence, transportation, chemical & chemical industry, machinery & equipment, Information Technology, inspection & certification and banking sectors. The key takeaway was the reassurances by the Senior Minister that Malaysia will continue to be a strategic business partner with clear and predictable policies, and the Government remains steadfast in further developing the industrial ecosystems in Malaysia. It is truly encouraging that French companies valued Malaysia as their chosen destination to establish or to expand their footprint in South East Asia and the Asia Pacific, leveraging on the business-friendly policies of the Malaysian Government.

Dato’ Seri Azmin also witnessed the signing of a Memorandum of Understanding (MOU) between the Malaysian Investment Development Authority (MIDA) and MEDEF International. The strategic partnership between MIDA and MEDEF International will complement Malaysia’s NIA through expanded cooperation aiming to facilitate the nation’s industrial ecosystem with the catalytic infrastructure and new technologies.

The Malaysian delegation also had a series of one-to-one sessions with French companies notably Airbus, Saint-Gobain, Adisseo Group, Prolaser and Innovafeed, where the delegation expressed a strong interest to strengthen the footprints of Malaysian products in Europe through France, During these sessions, the French enterprises showed great interest to continue making Malaysia their business partner in the aerospace, biotechnology, advanced chemical, medical devices, halal products and the construction sectors. Malaysia’s strong focus on the green agenda in charting
the country’s economic development also provided the French businesses assurance that Malaysia is moving in tandem with world megatrends.

The TIM to France had successfully generated a total of RM2.6 billion potential investment and RM300 million worth of potential exports, validating the success of Malaysia’s continuous efforts in attracting quality investment and in enhancing participation of local companies in high value global supply chain. The strong interest shown by French companies garnered during the Mission serves as a major catalyst in expanding the bilateral trade and investment relations, most notably in areas that support the sustainable and green agenda advocated by both nations.

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY (MITI)
18 OCTOBER 2021

About MITI
MITI is the key driver in making Malaysia the preferred destination for quality investments and enhancing the nation’s rising status as a globally competitive trading nation. Its objectives and roles are oriented towards ensuring Malaysia’s rapid economic development and help achieve the country’s stated goal of becoming a developed nation.

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