MIDA Advances Malaysia’s Investment Diplomacy with RM4.68bn In Leads, Positioning The Country as ASEAN’s Hub For Innovation and Clean Growth.

Kuala Lumpur, 3 June 2025 – As Malaysia proudly marks its dynamic presence at Expo 2025 Osaka, the Malaysian Investment Development Authority (MIDA) is pleased to announce that, thus far, it has successfully secured RM4.68 billion worth of potential investments from Japan. This achievement underscores Malaysia’s growing appeal as a strategic hub for sustainable and innovation-driven business in Southeast Asia.

MIDA’s milestone contributes significantly to the RM7.39 billion in total potential investments secured under Malaysia’s participation at the Expo thus far, representing 56.9% of the national target.

This accomplishment was unveiled during the Opening Ceremony of the Malaysia Pavilion, officiated by Deputy Prime Minister YAB Dato’ Sri Fadillah Yusof, and graced by YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), who played an integral role in representing the country’s investment vision and economic priorities.

A Strategic Platform for Collaboration

The Japan Expo 2025 is among the world’s premier economic and cultural forums, and Malaysia’s participation—spearheaded by the Ministry of Investment, Trade and Industry (MITI)—reflects a whole-of-government approach. MIDA’s role is pivotal in translating this national effort into concrete economic outcomes.

In his remarks, YB Liew Chin Tong, Deputy Minister of MITI stated, “Expo 2025 Osaka is the platform for Malaysia to demonstrate its value as a future-ready, innovation-driven and sustainability-conscious partner. The investment secured through MITI and MIDA reflects investor confidence in our green industries, advanced manufacturing, and digital economy.”

Further reinforcing MIDA’s pivotal role, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, added, “This achievement reflects the strength of Malaysia’s investment proposition and the strategic trust placed in us by Japanese partners. As we deepen bilateral ties, MIDA will continue to assume a proactive role in facilitating high-quality investments that align with national priorities in clean energy, innovation, and sustainable development. Expo 2025 is more than a showcase—it is a proving ground for Malaysia’s investment ambitions, and MIDA is proud to lead that charge.”

Investment Outcomes Driven by Targeted Engagements

The RM4.68 billion in potential investments stems from a week-long investment mission to Japan, covering Kyoto, Kobe, Osaka, and Tokyo from 12–19 April 2025. Led by Mr. Sivasuriyamoorthy Sundara Raja, MIDA’s Deputy CEO (Investment Promotion and Facilitation), the mission involved direct one-on-one meetings with key Japanese corporates across priority sectors.

Complementing the mission, MIDA also organised the ‘Explore Malaysia 2025’ seminar in Osaka, highlighting green investment opportunities in high-growth, high-value industries.

Driving Clean Energy and Sustainable Growth

A key highlight of the Pavilion opening was the signing of a Memorandum of Understanding (MoU) between Sarawak Energy Berhad and the Japan Bank for International Cooperation (JBIC). The collaboration signals a deepened commitment to advancing clean energy and regional decarbonisation, with MIDA assuming a supportive and facilitative role.

Malaysia Pavilion: A Hub of Investment, Trade, Culture, and Innovation

Designed by acclaimed architect Kengo Kuma, the Malaysia Pavilion spans 2,654.52 square meters and is expected to attract 1.5 million visitors over the course of the Expo. With the theme “Weaving a Future in Harmony”, the Pavilion showcases Malaysia’s intersection of cultural depth and technological ambition.

Over a period of six months, the Pavilion will serve as a venue for over 150 business engagements, including investor roundtables, MoU signings, product launches, and sectoral forums. Participation involves 21 ministries, 70 agencies, and representation from all 13 Malaysian states, reinforcing Malaysia’s integrated approach to global engagement.

Through its participation at Expo 2025 Osaka, MITI—together with its agencies including MIDA—is targeting RM13 billion in investment and trade outcomes, focusing on seven priority sectors: sustainable agriculture, renewable energy, smart living, green manufacturing, industrial reform, environmental management, and the halal industry.

As Malaysia builds momentum at the Expo, MIDA continues to serve as the central node for investment facilitation, policy coordination, and execution—ensuring investor interest is efficiently channelled into high-impact, long-term projects.

-END-

About MIDA

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

For media enquiries, please contact:

MIDA
Ms. Lim Ming Yee
Director, Foreign Investment Division
No.: +603-2267 3762 | Email: [email protected]

Malaysia Secures RM4.68bn in Investment Leads from Japan at Expo 2025 Osaka

KUALA LUMPUR, 30 May 2025 – The Malaysian Investment Development Authority (MIDA) and the UN Global Compact Network Malaysia & Brunei (UNGCMYB) have sealed a strategic partnership to ignite a new era of sustainable and responsible investment in Malaysia. Through a Memorandum of Understanding (MoU) signed today, both organisations commit to accelerating the adoption of environmental, social, and governance (ESG) principles among businesses, laying the foundation for Malaysia’s transition towards a sustainable and more inclusive economy.

The MoU brings together MIDA’s mandate as the nation’s principal investment promotion agency and UNGCMYB’s deep expertise in corporate sustainability. UNGCMYB plays a critical role in supporting businesses in Malaysia and Brunei to align with global sustainability goals by providing essential resources, tools, and expert guidance.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, emphasised at the event, “Sustainability is a critical enabler of future-ready investments. As Malaysia moves forward with our Net Zero 2050 agenda, we’re seeing strong national commitment, policy clarity, and growing investor interest in green sectors. By working with UNGCMYB, we aim to step up efforts to promote greater awareness, build capacity, and increase private sector participation in ESG initiatives, especially in line with MITI’s Green Investment Strategy (GIS) launched last August.”

“This MOU with MIDA is a strategic leap forward in accelerating sustainable business practices across Malaysia. By combining our strengths in knowledge-sharing and ESG capacity-building, we can bridge the gap between awareness and tangible action—ensuring businesses are equipped to meet both the SDGs and evolving market demands,” said Mr. Faroze Nadar, Executive Director of UNGCMYB, in his speech during the event.

The primary scope of the MoU involves collaborative initiatives that facilitate multi-stakeholder participation in sustainability programs. This includes jointly organising conferences, roundtables, and selected development programs focused on Environmental, Social, and Governance (ESG) and broader sustainability topics.

Kicking off this collaboration, MIDA proudly announces its strategic partnership in the Forward Faster Symposium 2025, UNGCMYB’s flagship programme dedicated to accelerating sustainability, scheduled for 5 June 2025, at MIDA’s headquarters.

– END –

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About UN Global Compact Network Malaysia & Brunei (UNGCMYB)

United Nations Global Compact (UNGC) is a strategic policy initiative for businesses that are committed to take actions to advance broader societal goals. UN Global Compact Network Malaysia & Brunei (UNGCMYB), the official country network of UNGC, is the leading advocate for business sustainability action in Malaysia and Brunei. We empower both corporates and SMEs through value-creating initiatives across learning, connections, and enablers to Forward Faster a collective sustainable future. We support Malaysian and Bruneian companies in aligning with the Ten Principles and contributing meaningfully to the Sustainable Development Goals (SDGs), while providing access to partnerships, tools and knowledge sharing to advance responsible business practices.

For media enquiries, please contact:

MIDA
Tuan Syed Kamal Muzaffa Syed Hassan Sagaff
Director, Sustainability Division
Tel: +603-2267 3636
Email: [email protected]

UNGCMYB
Nabilah Doyle
Head, Events & Communications
Tel:[email protected]
Email: +60124261969

MIDA and UNGCMYB Unite for Sustainable Investment Future

Selangor’s Newest Smart Logistics Complex Set to Transform Regional Supply Chain Landscape

Selangor, Malaysia, 29 May 2025 – YCH Group today marked a significant milestone with  the groundbreaking of Supply Chain City® Malaysia (“SCC MY”), a RM500 million project  located within Bandar Bukit Raja (“BBR”), Selangor, an integrated, award-winning  township developed by Sime Darby Property Berhad (“Sime Darby Property”). 

The groundbreaking ceremony was attended by YB Senator Tengku Datuk Seri Utama  Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI) Malaysia, Mr  Shivakumar Nair, Singapore Acting High Commissioner to Malaysia, Tan Sri Nazir Razak,  Chairman of the ASEAN-BAC, Malaysia Chapter, Dr Robert Yap, Executive Chairman of  YCH Group, Mr Ryan Yap, Country General Manager, YCH Group Malaysia, Dato’ Seri  Azmir Merican, Group Managing Director & Chief Executive Officer of Sime Darby  Property, as well as key customers and partners of YCH Group.  

This project, which is YCH Group’s largest in Malaysia to-date, represents their long-term  commitment to Malaysia’s regional supply chain development and a significant step in  realising the country’s vision as a leading logistics and trade hub in ASEAN. As part of YCH  Group’s SGConnect™ initiative, SCC MY is poised to serve as a key enabler of regional  connectivity, supporting smoother trade flows and future-ready logistics infrastructure.

YB Tengku Zafrul said, “As the lifeblood of global commerce, good logistics is key to  ensuring the smooth and cost-efficient movement of goods and services. As such, we  are pleased to welcome YCH Group’s RM500-million investment in this sector in Malaysia.  We would also like to see them being more inclusive by enabling SME exporters to also  access the global market. When trade flows seamlessly, investors see greater  opportunities, fuelling further growth and innovation. This is what will support our New Industrial Master Plan’s goals to increase our competitiveness and position Malaysia a  key manufacturing and services hub for ASEAN and beyond.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), lauded, “This landmark project marks a significant milestone for Malaysia’s logistics sector. As the first recipient of MIDA’s Smart Logistics Complex incentive, YCH Group sets a powerful precedent for our nation’s integrated smart logistics future. This achievement reflects our commitment to attracting high-impact investments and strengthening Malaysia’s supply chain ecosystem through innovation and automation. The SLC incentive aligns perfectly with the Deklarasi Kuala Lumpur: ASEAN 2045, supporting our vision of a digitally advanced, economically resilient ASEAN region.”

Anchored by YCH’s FUSIONARIS® system and the LEARN™ ecosystem, SCC MY is set to deliver advanced automation and scalable logistics solutions that drive economic value. Built on five pillars — Living Supply Chain, Experiential Workplace Learning, Asia’s Network of Thought Leaders, Reinvent Tomorrow, and Nurturing Disruptive Innovators — LEARN™ each designed for fostering skills and excellence within the supply chain sector. This long-term investment positions SCC MY as a future-ready hub of innovation and growth, enhancing regional connectivity, and contributing to ASEAN’s vision of a well-connected economic community.

Dr Robert Yap, Executive Chairman of YCH Group, remarked, “Supply Chain City® Malaysia is a major step forward in setting new standards of logistics excellence, supporting Malaysia’s growth as a world-class supply chain leader. Our investment in FUSIONARIS® and advanced technologies reflect our commitment to regional connectivity, efficient operations, and sustainable practices. We are also dedicated to training local talent, empowering them with essential skills to support Malaysia’s journey as a preferred destination for global businesses.

The Supply Chain and Logistics Academy (“SCALA”), an industry-level development academy, will be hosted at SCC MY. It offers training programmes to equip local talent with the skills needed to thrive in tomorrow’s logistics landscape, ultimately enabling Malaysia’s workforce to remain competitive on the global stage.

This milestone highlights the successful collaboration between YCH Group and Sime Darby Property in bringing a world-class supply chain hub to life within one of Selangor’s most strategically connected and mature townships.

Dato’ Seri Azmir Merican, Group Managing Director & Chief Executive Officer of Sime Darby Property, said: “Welcoming a global logistics leader like YCH Group to Bandar Bukit Raja reflects the confidence placed in our industrial developments as well as our ability to deliver integrated, future-ready townships. This collaboration is the result of our deliberate and selective approach in curating impactful partnerships that create long-term value. As Malaysia continues to carry out its role as Chair of ASEAN in 2025, this project is a timely example of cross-border collaboration, aligning with the region’s shared focus on economic integration, sustainable and inclusive growth, while also strengthening trade linkages, supporting innovation, and contributing meaningfully to broader regional priorities.”

BBR is a 5,333-acre integrated township known for its sustainable design and thriving industrial ecosystem. With close to 60% of its landbank allocated for industrial use, BBR is home to Malaysia’s first GreenRE Platinum-rated managed industrial park and has become a preferred destination for multinational corporations seeking ready infrastructure, connectivity and ESG-aligned developments.

-End-

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

About YCH Group
YCH Group is Singapore’s leading homegrown end-to-end supply chain solutions provider, with a presence in over 100 cities across the Asia Pacific. YCH focuses on boosting productivity and sustainability for its customers with its proprietary best-in-class suite of award-winning solutions across industries such as fast-moving consumer goods, electronics, chemical and healthcare, cold chain logistics, and e-Commerce. A strong proponent of innovation, YCH is recognised for its 7PL™ approach in seamlessly integrating supply chain strategy with execution. Its leadership in initiatives like the ASEAN Smart Logistics Network (ASLN) underscores its pivotal role in advancing the goals of regional frameworks and multilateral trade agreements, such as the ASEAN Economic Community (AEC), the Regional Comprehensive Economic Partnership (RCEP), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

About Sime Darby Property Berhad
With over 50 years of experience, Sime Darby Property leads in creating master-planned communities, setting the benchmark for quality, innovation, and sustainability in residential, integrated and high-rise projects within its 25 townships and developments across Malaysia.

As it transitions into a real estate company by 2025, the company drives the industrial and logistics segment in Elmina Business Park, Bandar Bukit Raja, and Hamilton Nilai City. Propelling its recurring income portfolio, Sime Darby Property is also the first public-listed property developer in Malaysia to venture into the creation of development funds in the industrial and logistics sector.

The company has pledged to achieve Net Zero carbon emissions by 2050, referencing the science-based target of limiting global temperature rise to 1.5°C. A consistent champion for biodiversity, Sime Darby Property is a constituent of the MSCI ACWI Small Cap Index with an MSCI ESG Rating of BBB, is rated by the Carbon Disclosure Project, and has been re-included in both the FTSE4Good Bursa Malaysia Index and the FTSE4Good Bursa Malaysia Shariah Index, affirming its commitment to strong ESG practices.

Part of the respectable Malaysian consortium that successfully regenerated the iconic Battersea Power Station in the United Kingdom, Sime Darby Property also owns the multi-award-winning Kuala Lumpur Golf & Country Club, which hosts the prestigious LPGA-sanctioned Maybank Championship.

Driven by its Purpose to be a Value Multiplier for people, businesses, economies, and the planet, Sime Darby Property, through its philanthropic arm, Yayasan Sime Darby, continuously creates positive social impacts for the communities it serves.

Sime Darby Property has been recognised as Malaysia’s number one property developer at ‘The Edge Malaysia’s Top Property Developers Awards 2024’, with other notable achievements, including Gold and Silver wins at the prestigious FIABCI World Prix d’Excellence Awards 2023, number one in the All-Stars Award at the StarProperty Awards 2025, a number one ranking for the Top of The Chart Award in the RM1 billion and above market capitalisation category at the Malaysia Developer Awards 2024, a Top 10 Developers (Malaysia) Award at the BCI Asia Awards 2024, a Platinum ranking in the Property Development category at the Putra Brand Awards 2023, and a People’s Choice Award at the PropertyGuru Asia Awards Malaysia 2024. Apart from that, Sime Darby Property is listed on the Fortune Southeast Asia 500 list, one of only 89 Malaysian companies to be featured on the inaugural listicle. For more information, log on to www.simedarbyproperty.com.

For more information, please contact:

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

YCH Group
Tammy Ho
Deputy Head, Communications
[email protected]

Sime Darby Property
Media Contact: Natalie Rose Ariffin | +6012-297 1820 | [email protected]
Alia Mior Azhar | +6010-433 4268 | [email protected]

YCH Group Breaks Ground on RM500-Million Supply Chain City® Malaysia In Sime Darby Property’s Bandar Bukit Raja, Strengthening ASEAN Connectivity and Malaysian Logistics Ecosystem

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

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

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

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

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

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

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

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

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

–  END –

About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

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

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

For media enquiries, please contact: 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**The End**

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

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

Learn more: www.acwapower.com

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

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

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

-END-

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

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

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

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

For more information, please contact:

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

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

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

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

Neways Electronics Celebrates Grand Opening of New Manufacturing Facility in Malaysia

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

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

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

Aerospace: Accelerating Towards Regional Leadership

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

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

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

Pioneering Maritime Growth through Collaboration and Sustainability

Strategic Forum on Maritime Collaboration: MIGHT x MIDA

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

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

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

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

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

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

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

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

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

-END-

About MIDA

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

For more information, please contact:

MIDA

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

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

Appendix: Industry Partner Quotes

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

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

Malaysia Accelerates Aerospace and Maritime Growth to Secure Future Economic Resilience

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

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

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

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

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

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

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

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

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

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

-END-

About MIDA:

MIDA is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram and Facebook, LinkedIn, TikTok and YouTube channel.

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

– End –

About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

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

For media enquiries, please contact: 

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

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

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

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

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

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

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

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

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

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

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

-END-

About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

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

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

For media enquiries, please contact:

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

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

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

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

Strategic Relocation and Expansion to Enhance Global Supply Chain Operations

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

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

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

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

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

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

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

Image of the completed new base

* According to research by HORIBA as of April 2025

-END-

About MIDA

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

About HORIBA

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

For more information, please contact:

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

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

HORIBA to Establish a New Production Base in Malaysia

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

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

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

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

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

-End-

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About InvestPerak

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

About Saint-Gobain Prima Sdn. Bhd.

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

For media enquiries, please contact: 

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

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

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

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

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

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

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

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

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

A milestone for Malaysia’s green transition

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

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

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

Empowering local talent

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

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

**The End**

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

About Oryx Stainless Group

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

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

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

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

Key Industry Developments

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

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

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

– END –

About MIDA

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

For more information, please contact:

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

APPENDIX

Industry Insights from Key Players:

Infrastructure Innovation

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

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

Local Vendor Opportunities

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

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

Future Growth Potential

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

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

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

Kuala Lumpur, 29 May 2024 – The electrical and electronics (E&E) industry in Southeast Asia is experiencing a significant surge in investment opportunities, driven by rapid technological advancements and a robust economic landscape. Malaysia, in particular, stands out as a prime destination for investors looking to capitalise on the thriving E&E industry within the region.

In 2023, Malaysia’s manufacturing sector attracted a total of RM152 billion in approved investments, with E&E industry, securing the lion’s share of investments with RM85.4 billion. Ranked sixth globally for semiconductor exports, Malaysia plays a critical role in the global E&E supply chain. The nation is responsible for 7.0 per cent of the global semiconductor trade and 13 per cent of global chip assembly, testing and packaging activities.[1] Furthermore, six out of the twelve (12) largest semiconductor companies currently operate in Malaysia, underscoring its strategic importance and attractiveness as a hub for major industry players.

In response to this growing interest, SEMICON Southeast Asia 2024 will feature INVEST@Southeast Asia Pavilion, a dynamic platform for investment agencies or organisations to connect with potential investors keen on exploring opportunities in Malaysia. This platform will see the active participation of the Malaysian Government’s central investment promotion agency (IPA) – Malaysian Investment Development Authority (MIDA), Selangor State’s IPA – Invest Selangor, and other agencies. These agencies will showcase the myriad investment opportunities available in Malaysia.

Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, expressed, “We are steadfast in our commitment to position Malaysia as a premier investment destination, particularly in the thriving E&E industry. With our investor-friendly policies, well-established infrastructure, and highly skilled talent pool, Malaysia offers an ideal environment for businesses seeking to establish and broaden their presence in Asia. We are prepared to facilitate and accommodate advanced technologies brought by our investors. Innovations such as nanometre technology, new semiconductor materials, sustainability-based processes, artificial intelligence (AI), and IoT-driven features are bifurcating and gaining significant momentum here. As global leaders, it is imperative to stay ahead of the curve, and Malaysia’s supportive environment propels us towards this goal. We are all the more ambitious than ever and look forward excited to showcasing Malaysia’s position as a strategic hub for innovation and investment at SEMICON Southeast Asia 2024.”

YBhg Dato Hasan, CEO of Invest Selangor Berhad said, “Selangor offers a multitude of investment opportunities, apart from being a great place to work and live. Its robust economic growth is propelled by rich natural resources, world-class land, sea, and air connectivity, and unrivalled urban commercialisation – an advanced commercial ecosystem. We are thrilled to partner with SEMI Southeast Asia and showcase Selangor’s attractiveness as an investment destination through industrial park visits to Elmina Business Park and Eco World Business Park V, we aim to demonstrate the conducive business environment and abundant opportunities available in Selangor.”

Linda Tan, President of SEMI Southeast Asia said, “We are appreciative of the unwavering support we have received from both MIDA and Invest Selangor as our strategic partners. Their collaboration and dedication towards driving investment opportunities during SEMICON Southeast Asia 2024 play a key role in attracting participants to the show.”

“With their unwavering support, we are confident SEMI Southeast Asia 2024 will be a dynamic platform for industry leaders, innovators, and stakeholders to come together, exchange ideas, and explore the latest trends and opportunities in the electronics industry. We look forward to a fruitful partnership as we collectively shape the future of electronics in Southeast Asia.”

SEMICON Southeast Asia 2024 will be held from May 28 to 30, 2024 at MITEC, Kuala Lumpur, Malaysia. Themed Boosting Agility and Resiliency of the Global Electronics Supply Chain, SEMICON Southeast Asia 2024 features two roundtable discussions at the Market and Industry Trends Forum – COLLABORATE @ Southeast Asia and Forging Forward – Strengthening Malaysia’s Position in the Global E&E Value Chain. Attendees will gain insights into Malaysia’s favourable investment climate, strategic initiatives, and incentives designed to attract and retain investment in the electronics and semiconductor sector. Registration is open, and pre-registration is encouraged to avoid onsite surcharge.

For the full event agenda, please visit the SEMICON Southeast Asia website.

[1] https://www.bernama.com/en/news.php?id=2209277

*****

About MIDA
MIDA is the government’s principal promotion agency under the Ministry of Investment, Trade and Industry (“MITI”) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, Tik Tok, and YouTube channel.

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

About SEMI
SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Media Contacts

Ms. Noor Suziyanti Saad/MIDA
Director, Electrical & Electronics Division
Phone: +603-2267 3575
Email: [email protected]

Nur Azyyana Abu Bakar
Senior Manager, Strategic Planning & Communication Division
Phone: +60 12-257 4075
Email: [email protected]

Precious Betache/SEMI Southeast Asia
Phone: +65 – 98178837
Email: [email protected]

Michael Hall/SEMI US
Phone: 1.408.943.7988
Email: [email protected]

Reshvinder Kaur
Phone: +6017 275 7985
Email: [email protected]

SEMICON Southeast Asia 2024 to Drive Investment Opportunities for Malaysia

Pulau Pinang, Malaysia, 24 May 2024 – Siliconware Precision Industries Co., Ltd. (SPIL), a major global semiconductor packaging and testing company, celebrated a significant milestone today with the ground-breaking ceremony of its Malaysia P1 plant at Bandar Cassia Technology Park, Pulau Pinang. This state-of-the-art 8-hectare facility represents a substantial investment of RM6 billion. Over the next 15 years, the plant is projected to create nearly 3,000 skilled jobs, introduce advanced packaging and testing technologies such as wafer bumping, and offer comprehensive turnkey solution (including wafer bumping, wafer-level chip packaging, flip chip packaging and testing). This initiative is expected to significantly reduce production cycles, enhancing efficiency and competitiveness in the semiconductor industry.

The momentous ceremony was attended by YBhg. Dato’ Hairil Yahri Yaacob, Secretary General of Ministry of Investment, Trade and Industry (MITI); Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer (CEO) (Investment Promotion and Facilitation), Malaysian Investment Development Authority (MIDA); Dato’ Loo Lee Lian, CEO of InvestPenang; as well as Mr. Michael Chang, CEO of SPIL Malaysia. Their presence underscored the importance of this project to the region and the industry at large.

YB Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of MITI, who warmly welcomes SPIL’s move to Malaysia, said “The groundbreaking of this RM6-billion investment by SPIL validates Malaysia not only as a preferred destination for global semiconductor companies, but also as a country that is serious on the swift implementation of investors’ commitments. The National Semiconductor Strategic Task Force (NSSTF) – led by MITI – has been driving many key initiatives to attract and implement investments in this sector, supported by MIDA’s over 50 years of expertise. All these are key success factors for the New Industrial Master Plan 2030, which aims to increase economic complexity and forge stronger linkages between global companies and local SMEs, while creating more skilled, higher-paying jobs for Malaysians. I am confident these initiatives will also help elevate our semiconductor sector’s position in the global value chain.”

Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, emphasised, “SPIL’s investment brings substantial advantages to Malaysia’s semiconductor industry. As one of the top 10 global Outsourced Semiconductor Assembly and Test (OSAT) companies, establishing this facility in Penang is a testament to the country’s formidable semiconductor ecosystem. This project will significantly enhance the country’s supply chain, particularly in the semiconductor industry, and create high-value job opportunities in engineering and technical fields for Malaysians. Additionally, it will accelerate the export of made-in-Malaysia products globally, positioning Malaysia as a key player in the international semiconductor market and driving sustained economic growth.”

Dato’ Loo Lee Lian, CEO of InvestPenang, stated, “Malaysia is a significant player in semiconductor assembly, testing, and packaging, holding a 13 percent market share, with Penang making a substantial contribution to this sector. With the advent of next-generation technologies, we are advancing up the value chain to explore advanced packaging. Penang is proud to be the selected location for SPIL, demonstrating the confidence foreign investors have in Penang as a hub for cutting-edge technologies and growth strategies. I am optimistic that SPIL will reap a myriad of benefits from its facility here in Penang, the Silicon Valley of the East.”

Mr. Michael Chang, CEO of SPIL Malaysia, stated that the establishment of the P1 plant will foster innovation in Penang, establishing an advanced packaging and testing base, cultivating semiconductor talents, and enhancing technological capabilities. He expressed gratitude to MIDA and to Invest Penang for their guidance throughout the project, showcasing the successful collaboration between central and local governments.

He further noted that SPIL’s expansion aligns with global trends, positioning Malaysia as an important hub for East Asia and the global industrial supply chain. This strategic move will strengthen the global packaging and testing market, driving innovation and development within the Group, and contributing to economic growth in the Oriental Silicon Valley.

SPIL is committed to environmental sustainability, having implemented multiple green manufacturing measures such as energy and water conservation, and waste reduction during the construction stage. The company plans to obtain Green Building Initiative (GBI) Green Globes Certification and achieve its 2050 net-zero carbon reduction goal through process improvements, green building energy conservation, and investments in green electricity. Transitioning from Corporate Social Responsibility (CSR) to Environment, Social, and Governance (ESG), SPIL is steadily advancing towards sustainable operations.

As a member of ASE Technology Holding, the world’s largest packaging and testing group, SPIL is actively expanding its global footprint. Establishing the P1 plant in Penang marks a significant step towards globalisation, introducing advanced packaging technology, and strengthening the existing packaging and testing industry. This initiative will drive collaboration and accelerate economic growth with SPIL has mastering key technologies such as of CoWoS and Fan-out.

*****

About MIDA
MIDA is the government’s principal promotion agency under the Ministry of Investment, Trade and Industry (“MITI”) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, Tik Tok, and YouTube channel.

About InvestPenang
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realize its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (“GBS”) Focus Group (promoting and developing digital economy). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn.

About SPIL
SPIL is a member of ASE Technology Holding (“the Group”), the world’s largest packaging and testing group. Established in 1984, SPIL mainly provides various IC packaging and testing services. In 2023, the revenue was approximately US$3,636M and the number of employees has reached more than 20,000. SPIL is dedicated to meeting all customer’s integrated circuit packaging and testing requirements. Our turnkey solutions range from bumping, wafer sort, assembly, final test, to shipment. SPIL continues to be a professional supplier that creates high added value through quality improvement and technological innovation, while ensuring the company’s sustainable operations and creating maximum profits for shareholders. SPIL has become a world-class packaging and testing company. Products include advanced lead frame and substrate-based packages, which are widely used in, but not limited to, computers, tablets, cellular phones, set-top boxes, LCD monitors, wearable devices, smart appliances, IoT, fingerprint sensor, smart cars, VR/AR, artificial intelligence, drones, smart speakers, digital cameras and video game consoles. Our dedication to enhancing quality and developing technical innovations to satisfy customers’ needs has made SPIL one of the top leaders in creating high value-added solutions, to the point where we are now the world class IC packaging and testing services provider. SPIL provides services and support to fabless design houses, integrated device manufacturers and wafer foundries globally. We constantly upgrade our processes to meet the demand for the most advanced manufacturing technology and also build a strong reputation for high quality products and services. This has made us a partner our customers know they can trust. Our passion for quality has also enabled us to maintain consistent growth and maximize returns for our shareholders. The customer service bases for SPIL include Taiwan, China, and the United States. Currently, there are several production centres in Taiwan and China. In recent years, in response to customer demand, production bases have been continuously expanded, including Taiwan and Malaysia. Production bases are to be increased in 2025.

For media enquiries:

MIDA
Ms. Noor Suziyanti Saad,
Director, Electrical & Electronics Division
E: [email protected]
Tel.: +603-2267 3575

Invest Penang
Elaine Cheah / Arief Ferdaus
Communication & Business Intelligence
E: [email protected] / [email protected]
Tel.: +604-646 8833

SPIL
Mr. Jay Huang Financial Director and Spoke Person
E. [email protected]
Tel.: +886-975-189-716

SPIL Breaks Ground on New RM6-Billion Semiconductor Packaging And Testing Facility

Seremban, Negeri Sembilan, 15 May 2024 – Sandvik announces the inauguration of its new production unit in Malaysia dedicated to manufacturing underground load and haul equipment. This expansion marks a significant milestone for the Sandvik Load & Haul division, operating within the Sandvik Mining and Rock Solutions Business Area.

Located in Seremban, Negeri Sembilan, the new assembly production facility signifies a major advancement in the underground mining equipment sector. Its primary objectives include supporting the assembly production of all Sandvik load and haul underground loaders and trucks, including battery electrical vehicles (BEVs), and establishing a robust supplier network within the region.

Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, the Chief Executive Officer of the Malaysian Invest Development Authority (MIDA), applauded Sandvik for its pioneering efforts in Malaysia, stating, “Sandvik’s journey to become a global leader in providing top-of-the-line equipment, tools, and digital solutions for the mining and construction sectors embodies the essence of perseverance, ingenuity, and determination. The initiative to transition from diesel-powered equipment to battery-electric vehicles (BEVs) and pave the path toward a fossil-free future is well exemplified by the establishment of this new facility in the Sendayan TechValley Industrial Park.”

“At MIDA, we will continue to partner with leading companies like Sandvik to anchor high-value-added manufacturing, adopt advanced manufacturing technologies, and equip our talent with the requisite skillset,” he added.

Sandvik’s commitment to delivering maximum value in sustainability, performance, quality, safety, flexibility, and total economy is evident in this endeavor.

The inaugural machine assembled in Malaysia at the new factory is the Toro™ LH517i loader, with production expected to ramp up over the coming year. Additionally, the facility will commence the production of Toro™ TH545i trucks later in the year, as part of a cross-manufacturing plan. Production volume allocation among existing factories will be based on machine specification, sales area distribution, and production capacity. Battery product manufacturing is slated to begin by Q3 2024, with BEV unit assembly scheduled for 2025, aligning with future electrification goals.

Patricio Apablaza, President of Sandvik Mining and Rock Solutions’ Load and Haul division, emphasized the significance of the Seremban facility, highlighting its role in ensuring flexible manufacturing of both conventional diesel and battery-electric loaders and trucks, while adhering to Sandvik’s stringent standards for sustainability, quality, and safety. This initiative aims to reduce lead times for mining customers in the Asia Pacific region.

Spanning over 8,000 square meters, the new facility is situated in the Sendayan Techvalley Industrial Park, strategically positioned approximately 70 kilometres south of the Malaysian capital Kuala Lumpur and 15 kilometres west of the state capital Seremban. The factory comprises 15 versatile assembly cells.

-END-

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

Sandvik Group
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offering includes equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2023 the Group had approximately 41,000 employees and revenues of about 127 billion SEK in about 170 countries within continuing operations.

Sandvik Mining and Rock Solutions
Sandvik Mining and Rock Solutions is a business area within the Sandvik Group and a global leading supplier of equipment and tools, parts, service, digital solutions and sustainability-driving technologies for the mining and construction industries. Application areas include rock drilling, rock cutting, loading and hauling, tunneling and quarrying. In 2023, sales were approximately 66 billion SEK with about 17,000 employees.

For more information, please contact:     

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

Sandvik Mining and Rock Solutions
VO Kataja
General Manager and Managing Director,
Seremban Production Unit, Load and Haul Division,
Sandvik Mining and Rock Solutions Business Area
Email: [email protected]

Sandvik Celebrates Inauguration of New Load And Haul Factory in Malaysia

Johor Bahru, Malaysia (15 May 2024)—Panduit, a global leader and manufacturer of  cutting-edge electrical and network infrastructure solutions, proudly announces the  opening of its new state-of-the-art manufacturing facility in Johor Bahru, Malaysia. This  milestone marks a significant advancement in manufacturing processes, fortifying  Panduit’s supply chain to deliver top-notch cable tie products while meeting the growing  demands of its clientele. Spanning an impressive 25,083 square metres, the facility  commenced operations in October 2023, poised to create 184 new direct job  opportunities by the end of 2024. 

Mr. YB Lee Ting Han, Johor State Executive Member and Chairman of Investment, Trade,  Consumer Affairs and Human Resources Committee, who was present at the plant  opening ceremony shared, “The decision by Panduit Corporation to establish operation  in Johor is a testament to our State’s strategic advantages such as location, robust  technology and basic infrastructure, diverse talent pool, as well as Johor’s role as a hub  for the ASEAN market. We trust that this investment will further boost Malaysia and  Johor’s reputation as the top investment destination for high technology and precision  manufacturing industries.” 

Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, expressed  his enthusiasm, stating, “Malaysia is actively advancing to attract high-tech investments,  and we take pride in welcoming an industry leader like Panduit. Their presence not only  enhances our high-tech talent pool but also provides a compelling advantage in the global  market. It aids our SMEs in adopting advanced manufacturing technologies, contributes  to the development of the plastics industry ecosystem, and strengthens the resilience of  Malaysia’s supply chains and economic landscape.” 

“Johor Bahru is a vibrant and established center of industrial manufacturing in South Asia  with a sophisticated infrastructure system as well as strong manufacturing and  operational capabilities,” explained Panduit Senior Vice President and Managing Director  for Asia-Pacific, Harry Woo. “The strategic decision of building a new plant in Johor Bahru  will help us remain competitive while maintaining our strategic presence in the area and  ensuring ongoing service to our customers.”“Our modern manufacturing facility is equipped with advanced robotics and automation  to maximise productivity,” said Panduit Senior Vice President of Operations David  Tallentire. “Additionally, to improve the overall efficiency and sustainability of the plant,  

we incorporated advanced features to optimise energy performance and implemented  high efficiency design practices for a more streamlined building and manufacturing  process.” Tallentire added that Panduit looks forward to leveraging the strong logistical  connections for ease of supply to its Asian customers and into the wider global supply  chain. 

Panduit’s utilisation of engineering plastics in its manufacturing processes aligns  seamlessly with Malaysia’s New Industrial Master Plan 2030, which prioritises the  promotion of high-value-added industries and the adoption of advanced technologies.  Furthermore, Malaysia’s Chemical Industry Roadmap 2030 underscores the country’s  focus on promoting engineering plastics as a key segment within the chemical sector.  Panduit’s commitment to innovation resonates with Malaysia’s aspirations to propel  economic growth through technology-driven industries, paving the way for a prosperous  future. 

*****

About MIDA 

MIDA is the government’s principal promotion agency under the Ministry of Investment,  Trade and Industry (MITI) to oversee and drive investments into the manufacturing and  services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12  regional and 21 overseas offices. MIDA continues to be the strategic partner to  businesses in seizing the opportunities arising from the technology revolution of this era.  For more information, please visit www.mida.gov.my and follow us on X, Instagram ,  Facebook, LinkedIn, TikTok and YouTube channel. 

About Panduit 

Since 1955, the Panduit culture of curiosity and passion for problem-solving have enabled  more meaningful connections between companies’ business goals and their marketplace  success. Panduit creates innovative electrical and network infrastructure solutions for  enterprise-wide environments, from the data center to the telecom room, from the desktop  to the plant floor. Headquartered in Tinley Park, IL, USA and operating in 112 global  locations, Panduit has a proven reputation for quality and technology leadership, coupled  with a robust partner ecosystem, to help support, sustain, and empower business growth  in a connected world. For more information, visit www.panduit.com.

For more information, please contact:

MIDA
Ms. Siti Halimaton Mohd. Rejab
Director, Chemical and Advanced Material Division
+603-2267 6701| [email protected]

Panduit
Thomas Poh
Director, Chemical and Advanced Material Division
Panduit Singapore Pte Ltd T: 65 6305-7552 x74002| [email protected]

US-Based Panduit Elevates Manufacturing Landscape With New State-Of-The-Art Plant in Johor Bahru, Malaysia

This investment aims to streamline manufacturing operations and increase manufacturing capacity.

KUALA LUMPUR, 9 MAY 2024 – Smart Asia Chemical Bhd (“Smart Asia” or “Company”) has inaugurated its new manufacturing facility in Batu Gajah, Perak. This expansion represents a significant milestone in the company’s growth strategy and commitment to innovation and customer service.

The new facility, spanning 95,170 square feet, has been meticulously designed to optimise production processes and enhance operational efficiencies. With the expanded manufacturing space, Smart Asia anticipates a 27.00 million-litre increase in annual manufacturing capacity for decorative paints and protective coatings. This represents a growth of 309.99% from the company’s current annual manufacturing capacity of 8.71 million litres as of the end of fiscal year 2023. Additionally, the Perak facility’s strategic location will facilitate expansion of the company’s customer-base within the Central and Northern regions of Malaysia due to its proximity to customers.

YAB Menteri Besar Perak, Dato’ Seri Saarani Mohamad graced the opening ceremony with his esteemed presence, acknowledging the significance of this milestone for the company and local community.

“We are excited to witness the inauguration of Smart Asia’s new plant, which represents a significant investment in our local economy; where we believe this will generate promising job opportunities and bolster economic vitality of the state as a whole. Moreover, by leveraging the abundant calcium carbonate available in Perak, and in alignment with the State’s Roadmap, Perak Sejahtera 2030, and the Pelan Perindustrian Perak (P3) spearheaded by InvestPerak, we are confident that this project will contribute significantly to adding value to the minerals mined within Perak state, rather than exporting scarce primary resources out of the country,” he said.

Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid congratulates Smart Asia for its forward-thinking approach in incorporating Industry 4.0 into its operations. “The inauguration of Smart Asia’s new facility in Batu Gajah not only showcases the dynamic potential of Perak but also marks a pivotal moment in the evolution of Malaysia’s paint industry. Local manufacturers must ascend the value chain, adopting what is now the defining technology—automation and IoT—to significantly enhance production efficiency. The company’s strategic implementation of Industry 4.0, beginning in Johor and now expanded to Perak, serves as a commendable example of this advancement. MIDA is fully committed to supporting our manufacturers’ transition from traditional practices to technology-driven production, which will boost productivity, elevate product quality, and integrate Malaysia more deeply into the global production network.”

Mr. Lim Kok Beng, Non-Independent Executive Director, and Chief Operating Officer of Smart Asia Chemical Bhd said, “Our goal is to solidify our position as a reputable national paint brand in Malaysia. With this aim in mind, our Group has decided to set up our Perak facility. This move will not only streamline our manufacturing operations but also increase our manufacturing capacity, ensuring we meet the growing demand for our products.”

The new Perak facility introduces two innovative systems, the Industrial Tinting System and the Automated Paint Production System, revolutionising the manufacturing process for enhanced efficiency and quality. The Automated Paint Production System facilitates precise transfer of raw materials from storage to dispersion tanks, movement of semi-finished products between stations, automated loading and unloading, and rigorous quality checks throughout.

The Industrial Tinting System, which is also integrated with the Automated Paint Production System, will enable the continuous flow of the manufacturing processes. This integration of software and systems enables the company to reduce their dependency on human operators during manufacturing activities.

“These advancements incorporated in Perak plant further demonstrate Smart Asia’s commitment to enhancing our operational and automation capabilities across our products and services, as we strive to transition towards an ‘Industry 4.0’ manufacturing plant, optimising operations while upholding high standards of product quality,” Mr. Lim concluded.

-End-

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About InvestPerak, MALAYSIA

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

ABOUT SMART ASIA CHEMICAL BHD (“SMART ASIA”)

SMART ASIA specialises in developing, manufacturing, distributing, and selling a diverse range of decorative paints and protective coatings and paint related products for household and industrial applications. The company owns esteemed brands like ‘Smart Paints,’ ‘Durra Paints,’ ‘Toplus Paints,’ and ‘Hunter Paints,’ offering an extensive portfolio to cater to various customer needs with durable and aesthetically pleasing solutions.

Additionally, SMART ASIA is involved in complementary products like colourants, which play a vital role in achieving desired paint shades. The company continuously invests in research and development to introduce innovative offerings that meet evolving customer requirements, driven by a commitment to excellence.

For more information, please contact:

MIDA

Ms. Siti Halimaton Mohd. Rejab
Director, Chemical and Advanced Material Division
+603-2267 6701| [email protected]

InvestPerak, MALAYSIA

Mr. Mohd Shahriman Ariff Mohd Shariff
Investor Relations Manager
Tel: +605 5292442 / +6 017 246 4691
Email: [email protected]

Esente Advisory Sdn. Bhd.

Emily Kou
Assistant Manager, Public Relations
Tel: +603 64199501 /+ 6 014 7353066
Email: [email protected]

Mohammad Izzat
Senior Associate, Public Relations
Tel: +603 64199501 / +6 011 2325 7086
Email: [email protected]

Smart Asia Chemical Berhad Opens Its New RM100 Mil Manufacturing Plant in Perak, Malaysia

A Pivotal Action Towards Empowering Malaysia’s Energy Transition

Kuala Lumpur, 9 May 2024 – The Solar Synergistics Conference 2024, an eye-opener event for the solar industry, was co-organised by the Malaysian Investment Development Authority (MIDA) and LONGi, a global integrated solar technology company. This momentous occasion, coinciding with the 50^th anniversary of Malaysia-China bilateral relations, served as a dynamic platform uniting major solar enterprises and critical stakeholders across the solar industry supply chain. With a mixed audience comprising mostly engineering, procurement, construction, and commissioning (EPCC) firms, also known as system integrator companies, the conference facilitated insightful discussions to drive Malaysia’s solar ecosystem forward.

As a tribute to the occasion, Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, complimented LONGi’s leadership in technological innovation and sustainable development. He emphasised “Malaysia is dedicated to assuming a significant role in the global effort to combat climate change. By setting a rigorous target for 2030, we aim to reach net-zero emissions by 2050, thus holding up a mirror to the world on environmental responsibility. In fact, the Solar Synergistics Conference held today serves as a platform towards sustainable business expansion, fostering economic prosperity, and leaving a positive legacy for generations to come.”

“Solar energy stands out as a beacon of hope in our quest for sustainability. Its abundance, accessibility, and renewability make it a key component for a transition towards a low-carbon economy. By harnessing the power of the sun, we not only reduce our dependence on fossil fuels but also create opportunities for economic growth and job creation.” added Mr. Sikh Shamsul.

Mr. Frank Zhao, the esteemed APAC President at LONGi, echoed the company’s resolute commitment to Malaysia’s energy transition during the Solar Synergistics Conference 2024. He articulated LONGi’s alignment with governmental initiatives, stating, “We are dedicated to propelling Malaysia’s energy transition and fostering the development of a comprehensive solar ecosystem. Notably, LONGi’s substantial investment in constructing three cutting-edge factories in Malaysia underscores its proactive approach to localising production and stimulating economic growth”.

In a testament to its dedication to Malaysia’s renewable energy sector, LONGi has established three cutting-edge factories in Malaysia, including Kuching, Bintulu, and Selangor. These state-of-the-art facilities boast an impressive combined capacity of over 10GW per year, positioning LONGi as a cornerstone of Malaysia’s solar manufacturing landscape. At the same time, LONGi set up the headquarters of LONGi Asia Pacific in Kuala Lumpur and is committed to providing better services to the local customers with its vision: “Solar for All”.

MIDA has been actively championing green technology initiatives, introducing targeted incentives through a tiered approach outlined in the Budget 2024. These incentives are strategically designed to empower investors to attain global leadership in energy and carbon efficiency standards. In 2023, MIDA achieved remarkable milestones, approving a total of 565 green technology projects valued at RM3.2 billion and five (5) green services projects with a total approved investment of RM17.8 million. Out of 565 projects approved, 530 (94 percent) were from renewable energy of which all were solar projects with approved investments of RM1.4 billion.  

With a turnout of over 200 participants, the conference was ideal for bringing together other esteemed representatives from the Energy Commission, Sustainable Energy Development Authority (SEDA), Tenaga Nasional Berhad (TNB), and financial institutions, who are fundamental in shaping the landscape of sustainable energy in the nation. The event was timely with the recent announcement of the RE programmes launched on 1 April 2024 and the enhanced green tax incentives.

*****

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About LONGi

LONGi Green Energy (Shanghai Stock Exchange Code: 601012.SH) is committed to becoming the world’s most valuable solar technology company. With the mission “Harnessing the brilliance of the sun to create a green energy world” and upholding the brand positioning of “stable, reliable, and technologically-driven”, the company focuses on technological innovation, targeting global customer needs. They have established five main business sectors: monocrystalline silicon wafers, cell modules, commercial and residential distributed solutions, ground photovoltaic system solutions, and hydrogen energy equipment, forming the capability to support global zero-carbon development with “green electricity” + “green hydrogen” solutions. In 2020, LONGi Green Energy took the lead in joining the international climate initiatives RE100, EP100, and EV100. By setting Science-Based Targets (SBTi), the company continually promotes its sustainable development, supports the energy revolution, and contributes to building a “green earth”. For more information, please visit: www.LONGi.com

For more information, please contact:

MIDA
Mr. Nelson Samuel Wilson
Director, Green Technology Division, MIDA
Email: [email protected]
Tel: +603-2267 3635

LONGi
Mr. Max Zhu
LONGi Malaysia Country Manager
Email: [email protected]
Tel: +6013-7033760

MIDA and LONGi Driving the Solar Ecosystem Forward at The Solar Synergistics Conference 2024

Selaras dengan aspirasi Ekonomi MADANI, Pelan Induk Perindustrian Baharu 2030 (NIMP 2030) dan juga Pelan Tindakan Pendidikan Tinggi Malaysia 2022 – 2025 yang menyasarkan penciptaan graduan dan bakat mahir bagi menobatkan Malaysia di kalangan 30 ekonomi terbesar di dunia menjelang 2033, sebuah Memorandum Persefahaman (MOU) antara Kementerian Pendidikan Tinggi (KPT) dan Lembaga Pembangunan Pelaburan Malaysia (MIDA) telah ditandatangani hari ini.

Majlis ini juga turut menyaksikan sesi peluncuran portal MoHE Research and Industry-Infused Incubator (MRI3). Portal MRI3 ini merupakan kerjasama Konsortium Elektrik dan Elektronik Universiti Malaysia (CEE) yang terdiri daripada 19 buah universiti awam bersama 27 syarikat bagi membangunkan bakat dengan pengetahuan dan kemahiran bertepatan dengan keperluan industri elektrik dan elektronik (E&E). Melalui portal MRI3 ini juga, pihak industri dapat mengiklankan penawaran latihan industri, senarai bidang tumpuan projek tahun akhir serta membuat tapisan pelajar. Manakala bagi pelajar, mereka boleh membuat permohonan dan memuat naik resume menerusi portal ini.

Kedua-dua inisiatif ini merupakan sebahagian usaha bagi menangani isu ketidakpadanan antara kemahiran yang dimiliki oleh tenaga kerja yang dijana dan keperluan industri, serta membantu memastikan jaminan pekerjaan dan kebolehpasaran graduan dengan gaji yang lebih baik. Melalui usaha ini, MIDA dan KPT akan terus memperkukuhkan kerjasama bagi memenuhi permintaan tenaga kerja mahir yang diperlukan oleh pihak industri.

Sehubungan itu, majlis hari ini turut menyaksikan pertukaran MOU berasaskan pembangunan tenaga kerja mahir antara KPT dengan tiga syarikat terkemuka yang terlibat dalam industri teknologi tinggi iaitu Micron Memory Malaysia Sdn. Bhd, Stellantis Gurun (Malaysia) Sdn. Bhd. dan Inari Technology Sdn. Bhd. Kerjasama ini adalah usaha berterusan pihak KPT dan MIDA dalam merancakkan kolaborasi antara sektor akademik dan industri bagi meningkatkan kebolehpasaran graduan dan daya saing industri Malaysia.

Antara bidang kerjasama yang telah dipersetujui dalam MOU tersebut termasuklah pembangunan dan penambahbaikan modul program, latihan serta pensijilan profesional, perkongsian pengetahuan dan kepakaran serta penyelidikan dan inovasi.

Dalam pada itu, dengan wujudnya kerjasama ini dapat mengukuhkan lagi matlamat agenda nasional negara bagi meningkatkan daya saing Malaysia secara global selain mampu mewujudkan sebuah ekosistem yang dinamik untuk mencungkil bakat tempatan serta mendorong pembangunan sosio-ekonomi bagi memacu pertumbuhan industri negara.

07 Mei 2024
Kementerian Pendidikan Malaysia;
Lembaga Pembangunan Pelaburan Malaysia (MIDA)

Untuk pertanyaan media, sila hubungi:

KPT
Puan Eparizan binti Mansor
Ketua Seksyen Perhubungan Awam dan Khidmat Pelanggan,
Unit Komunikasi Korporat, KPT
Emel: [email protected]
Tel: 03-8870 6274

MIDA
Puan Azrina binti Hashim
Pengarah ,
Bahagian Pengurusan Talent Industri
dan Ekspatriat, MIDA
Emel: [email protected]
Tel: +603-2267 3454

MOU Kerjasama Strategik KPT-MIDA Dan Portal Tenaga Kerja E&E Perkasa Daya Saing Industri Melalui Pembangunan Bakat Tempatan

Kuala Lumpur, 2 May 2024 – Building on the success of last year’s launch of the National Biomass Action Plan 2023-2030, Malaysia is stepping up its commitment to sustainable energy, focusing on the integration of palm-based biomass. A pivotal session held today at MIDA Sentral brought together key stakeholders from the biomass ecosystem, demonstrating a concerted effort to drive high-value investments and progress towards Malaysia’s goal of achieving net-zero carbon emissions by 2050.

The guest of honour, Deputy Minister of Investment, Trade and Industry (MITI), YB Liew Chin Tong, joined by top officials including Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, and MIDA’s Chairman, YBhg. Tan Sri Dato’ Seri Dr. Sulaiman Mahbob. Moderated by YBhg. Dato’ Sri Ahmad Shabery Cheek, Chairman of FELDA, the meeting attracted 120 participants from the ministries, government agencies, GLICs, private sector, foreign chambers, academic institutions as well as financial institutions and aimed to catalyse the adoption of biomass technologies across various industries.

In his closing remarks, Deputy Minister YB Liew Chin Tong emphasised the government’s strategy to bolster the biomass sector, stating, “Biomass is often seen as the byproduct of the palm oil industry. It’s time for us to see biomass as the feedstock for new and advanced fuels as well as other green industries. The mindset shift means biomass is seen as a necessary enabler for new and high value-added industries that will help achieve the missions set out in the New Industrial Master Plan 2030.”

The session also featured two insightful presentations on “Overall Biomass Investment and Prospects” and “Palm-Based Biomass Market Trends,” which outlined opportunities to attract investments in high-value biomass products like biogas and biofuels.

Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid welcomed the participants, highlighting MIDA’s role in fostering a favourable environment for the growth of the biomass industries in Malaysia. He remarked, “As Malaysia’s principal investment promotion agency, MIDA continues to fulfill the Government’s agenda of attracting quality and sustainable investments from both domestic and foreign sources. We recognise the Government’s intention to promote investments that leverage innovative technologies to drive our economic growth, aligned with sustainable development goals. The biomass sector not only presents exciting business opportunities but also plays a crucial role in contributing to a circular economy for a sustainable future. In this regard, we are working to accelerate the use of biomass and help communities realise a clean energy future.”

YBhg. Tan Sri Dato’ Seri Dr. Sulaiman Mahbob commented on the investment trends, noting a fluctuation in the biomass sector since 2019 and the challenges this poses. “The scope of oil palm biomass is staggering, encompassing renewable energy, biofuels, biochemicals, bioplastics, bio-fertilizers, and more. However, we also observe a concerning trend of fluctuating investments in the biomass sector since 2019, not meeting our ambitious target of RM10 billion as set in the Twelfth Malaysian Plan (12MP). This elusive goal underscores the challenges we face in harnessing the full potential of our biomass resources. Hence, MIDA recognises the imperative of collective action between relevant authorities and stakeholders, as well as industry players to address challenges within the biomass value chain, including feedstock stability, mobilisation, and pricing mechanism, which are key to attracting long-term investment.”

This session highlighted Malaysia’s dedication to promoting sustainable investments in the biomass sector, crucial for achieving its Net-Zero Target by 2050 as per the Paris Agreement 2016.

*****

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

For more information, please contact:

MIDA
Mr. Syed Kamal Muzaffa bin Syed Hassan Sagaff
Director, Sustainability Division, MIDA
Email: [email protected] | DL: + 603- 2267 3636

MIDA Propagates High Value Investment in Circular Bio-Economy for The Palm-Based Biomass in Malaysia

Kuala Lumpur, 2 May 2024 – In a powerful move to bridge digital divides and ignite a wave of growth in Malaysia, Microsoft has announced a major investment in cloud and AI infrastructure with an investment of US$2.2 billion over the next 4 years. This initiative, part of the ongoing Bersama Malaysia commitment since 2021, is set to transform Malaysia into a leading digital hub, starkly enhancing economic growth and inclusivity through innovative technology.

The Malaysian Investment Development Authority (MIDA) praised this investment as a promising development that distinguishes Malaysia as a top destination for digital investment. Malaysia has been taking steps to master and make good use of AI. By leveraging AI, this initiative promises to unlock new possibilities for innovation, economic growth and inclusivity.

The timely announcement was made by Mr. Satya Nadella, Chairman and Chief Executive Officer (CEO) of Microsoft, in conjunction with the AI National Leadership Forum. It also supports MIDA’s commitment to diversity and inclusion in the digital realm, promoting a sense of belonging, a.k.a. inclusivity, across all demographics.

MIDA CEO, Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid stated, “Malaysia is poised to establish itself as a leading digital hub, attracting major tech enterprises. As digitalisation increasingly redefines global economies, we welcome Microsoft’s announcement of new investment in Malaysia and we look forward to continue to work with Microsoft, a world leader in the digital field, to foster innovation in start-ups, create jobs and harness the transformative power of AI for the betterment of Malaysia’s society. AI now stands as a pivotal game-changing technology that impacts us all.”

“Microsoft’s decision to continue investing in Malaysia highlights Malaysia’s attractiveness as a preferred digital investment destination that offers a compelling ecosystem for companies seeking to establish its operation in the region. We believe that Microsoft’s cloud and AI infrastructure will create a ripple effect of opportunities that bridge the digital divide while empowering businesses to thrive in the digital age,” he added.

“We are committed to supporting Malaysia’s AI transformation and ensure it benefits all Malaysians,” said Satya Nadella, Chairman and CEO of Microsoft. “Our investments in digital infrastructure and skilling will help Malaysian businesses, communities, and developers apply the latest technology to drive inclusive economic growth and innovation across the country.”

Recognising the transformative potential of technologies such as cloud and AI to remain competitive in the global landscape, Malaysia encourages businesses of all sizes, such as startups and local micro, small and medium enterprises (MSMEs) to adopt and utilise cloud and AI. Cloud-based AI services empower startups and MSMEs to integrate advanced capabilities such as machine learning, natural language processing, and predictive analytics into their products and services, driving differentiation and market competitiveness. This aligns with the MADANI Economy Framework that encourages innovation and inclusivity to strengthen Malaysia’s economy, particularly in technology and productivity. The furore surrounding these advancements underscores their significant impact and the urgent need to embrace these technologies.

Malaysia’s steadfast commitment to robust digital infrastructure has solidified the foundation for the nation’s digitalisation journey. The significant RM144.7 billion in digital investments approved from 2021 to 2023, with RM114.7 billion directed towards infrastructure, underscores this effort. As the country advances, the rise of artificial intelligence is poised to drive transformative changes across our digital ecosystem—from talent development to software applications and infrastructural enhancements, ensuring Malaysia remains at the forefront of innovation and progress.

Moving forward, guided by the New Industrial Master Plan 2030 that aims to develop economic complexity and a digitally vibrant nation, MIDA, as Malaysia’s principal investment promotion agency, will continue its mission to attract future driven digital investments enriched with cutting-edge technology to nurture homegrown innovation.

-END-

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

For more information, please contact:

MIDA
Ms. Noorzita Mohamad Nor
Director, Business Services and Regional Operations Division
+603-2267 3515 | [email protected]

MIDA Applauds Microsoft’s Establishment of Cutting-Edge Cloud and AI Infrastructure, Propelling Malaysia Ahead of The Curve in Digital Transformation

Tokyo, Kuala Lumpur, 29th May 2023 – Malaysian Investment Development Authority (MIDA) and CKD Corporation (Headquarters: Komaki-City, Aichi, Japan, President: Katsuhito Okuoka) are pleased to announce that the acquisition of the land and building for its Malaysian plant (the “Plant”) announced on May 8, 2023 by CKD has been approved by the state authorities and the acquisition has been successfully completed as well as the granting of a manufacturing license by MIDA.

With the acquisition of this plant, which covers an area of over 80,000 square meters, CKD will strengthen its production system for equipment products in the ASEAN region to meet the steady expansion of demand in the manufacturing industry in general, including growth markets, and respond to customer needs with high responsiveness.

During the Malaysian Government’s Trade and Investment Mission to Japan 2023, CKD Corporation had the opportunity to meet with YB Senator Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI) and Datuk Wira Arham Abdul Rahman, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA).

Datuk Wira Arham Abdul Rahman, CEO of MIDA, said, “CKD Corporation’s acquisition of the Malaysian plant is a testament to their confidence in Malaysia’s vibrant semiconductor and machinery ecosystem. Our country boasts a robust value chain with key players across equipment supplies, assembly, and engineering supporting services. Combined with exceptional talent pool capable of supporting high-profile business ventures, the company’s presence in Malaysia will make a lasting impact, ushering in technological advancements and cementing our position as a top investment destination. MIDA is fully committed to supporting CKD Corporation’s business expansion and creating an environment conducive to pioneering achievements.”

Kazunori Kajimoto, Chairperson of the Board (CEO) of CKD Corporation remarked, “This plant will serve as our main production base in the ASEAN region, and we sincerely hope that CKD will contribute to the development of Malaysia’s industry as well as responding to the global supply chain development by our customers.”

From left to right:
Mr. Hafizi, Assistant Trade Commissioner, MATRADE Tokyo; Mr. Niqman Rafaee Mohd Sahar; Trade Commissioner / Director, MATRADE Tokyo; Atsuomi Nonoda, General Manager, Overseas Sales Department, CKD; Katsuhiro Niidera, Executive Officer, General Manager, Components Business Division, CKD; YBhg. Datuk Mohd Mustafa Abdul Aziz, Chief Executive Officer, MATRADE; Katsuhito Okuoka, Representative Director,President and Chief Operating Officer, CKD; TYT Dato’ Shahril Effendi Abd Ghany, Ambassador of Malaysia to Japan; YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry; Kazunori Kajimoto, Representative Director, Chairperson of the Board of Directors and Chief Executive Officer, CKD; YBhg. Datuk Wira Arham Abdul Rahman, Chief Executive Officer, MIDA; Kazunori Matsumura, General Manager, General Strategy Department, CKD; Yoshio Kakoi, General Manager, Production Engineering Department, Ultra High Purity Products Admin BU, CKD; Madam Nor Hasnah Badroddin, Senior Director, Bilateral Economic & Trade Relations Division; Mr. Shamsul Amir Azman, Deputy Director, MIDA Tokyo.

[Outline of the Plant]
Subsidiary name : CKD Malaysia Sdn. Bhd.
Location : Lot 70252, Jalan Kulim Hi-Tech 11, Industrial Zone Phase 3, Kulim Hi-Tech Park, 09000 Kulim, Kedah, Malaysia
Site area : Approx. 87,400 m²
Building area : Approx. 15,800 m²
Planned operation start: End of 2024
Total investment : Approx. JPY 4 billion

*****

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About CKD Corporation
CKD is a comprehensive machinery manufacturer engaged in development, production, sales and service of automated machinery and equipment products for industrial use. Based on automation and fluid control technologies, CKD supports a wide range of manufacturing sites producing a wide variety of products. CKD will continue to contribute to the protection of the global environment and the creation of an affluent society through our business, and work towards the realization of a sustainable society. For more information about CKD, please visit https://www.ckd.co.jp/en/.

Media Contacts

MIDA

Mr. Faizal Jalaludin
Director, Foreign Investment Division
Email: [email protected]
Tel.: +603-2267 6650

CKD Corporation

Sustainability Promotion Dept., Public Relations and Branding Group
Email: [email protected]　
Tel: +81-568-74-1234

Completion of Acquisition of Property For New Plant In Malaysia

RM71.4 billion of approved investments cement its position as the premier hub for high-tech ventures, paving the way for thriving job opportunities

• Malaysia has attracted RM71.4 billion in approved investments for the period of January to March 2023.
• With an impressive number of 1,265 projects approved, it is expected that these projects will generate 23,977 new job opportunities across the manufacturing, services, and primary sectors.
• The services sector ranked top in Q12023 with RM53.6 billion of approved investments, with over 12,000 job opportunities.
• Malaysia’s manufacturing sector remains resilient in Q12023 with RM15.6 billion investments and over 11,900 new jobs.
• The primary sector attracted RM2.2 billion of investments with promising spillover impact.
• Foreign Direct Investments (FDI) contributed RM37.5 billion or 52.5% of the total approved investments.
• Domestic Direct Investments (DDI) accounted for RM33.9 billion, representing 47.5% of the total approved investments.

Kuala Lumpur, 29 May 2023 –Malaysia attracted RM71.4 billion in approved investments for the period of January to March 2023 (Q12023), once again proving its value as a preferred investment destination. With an impressive number of 1,265 projects approved, it is expected that these projects will generate 23,977 new job opportunities across the manufacturing, services, and primary sectors.

With its conducive investment landscape, Malaysia continues to capture more Foreign Direct Investments (FDI) than Domestic Direct Investments (DDI). FDI contributed RM37.5 billion, representing 52.5% of the total approved investments.

Singapore took the lead with RM11.5 billion, and the British Virgin Islands was second at RM7.1 billion, followed closely by the People’s Republic of China (PRC) at RM6.5 billion. Hong Kong SAR and the Republic of Korea contributed RM2.9 billion and RM2.5 billion, respectively.

Notably, DDI accounted for RM33.9 billion, representing 47.5% of the total approved investments, clearly reflecting domestic investors’ renewed confidence in Malaysia’s economic progress and prospects.

For approved projects by state, the top five (5) states that attracted a significant portion of the approved investments for Q12023 were the W.P. Kuala Lumpur with RM21.8 billion, followed by Johor (RM10.6 billion), Selangor (RM7.4 billion), Perak (RM7.1 billion), and Sabah (RM6.3 billion).

YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI) stated, “Our ability to attract RM71.4 billion in approved investments for the first quarter of 2023 underscores Malaysia’s continued appeal as an investment powerhouse. Both foreign direct investments and domestic investments almost match each other in value. From a domestic perspective, this clearly reflects renewed confidence in Malaysia’s growth prospects. All these will have positive spillover impact particularly on  the SMEs in our domestic supply chain, and on the rakyat in terms of better-paying jobs, which will help support our economy in the face of various global challenges this year.”

Services Sector Ranked Top in Q12023 with RM53.6 Billion Approved Investments and Over 12,000 Job Opportunities

In Q12023, the services sector surpassed all other sectors in terms of approved investments,  registering RM53.6 billion, which accounted for 75.1% of the total approved investments. This represented an impressive 226.8% year-on-year growth over the previous year’s figure of RM16.4 billion for Q12022. The RM53.6 billion represents an impressive 1,058 approved projects, expected to create 12,051 new job opportunities.

Within the services sector, the information and communications sub-sector stood out prominently, attracting approved investments valued at RM24.9 billion, representing a substantial 46.5% share. Second was the real estate sub-sector, securing RM15.5 billion (28.9%), followed by distributive trade with RM6.7 billion (12.5%), financial services with RM2.2 billion (4.1%), and support services with RM1.8 billion (3.4%).

Notable projects approved within the services sector include:

• GDS IDC Services (Malaysia) Sdn. Bhd.: An investment of RM2.2 billion in a hyperscale data centre project.
• Seri Yakin Logistics Sdn. Bhd.: A RM1.4 billion investment for the development of a smart warehouse, including an e-fulfillment hub.

The government made good on its intention to focus on green investment, with several projects approved under green technology for renewable energy initiatives, such as those by Columbia Asia Sdn. Bhd., Smiths Detection Centre Sdn. Bhd., Iriichi (Malaysia) Sdn. Bhd., and Tian Seng Hang Trading Company Sdn. Bhd.

These projects highlight the diverse and promising opportunities within the services sector, attracting significant investments and contributing to Malaysia’s economic growth.

Malaysia’s Manufacturing Sector Remains Resilient in Q12023 with RM15.6 Billion Investments and Over 11,900 New Jobs

In Q12023, Malaysia continued to attract a healthy level of investments in the manufacturing sector, with a substantial value of RM15.6 billion or 21.8% of the total approved investments.

This commitment was evident through the approval of 192 manufacturing projects, slated to generate over 11,900 new job opportunities.

A majority of the approved investments in the manufacturing sector were allocated to key industries. Transport equipment took the lead with RM4.4 billion (28.2%), followed by machinery and equipment with RM2.6 billion (16.6%), basic metal products with RM2.3 billion (14.7%), electrical and electronics (E&E) with RM2.1 billion (13.2%), and non-metallic mineral products with RM1.6 billion (10.3%). Together, these industries accounted for a significant 83.1% of the total approved investments in the sector.

Notably, the manufacturing sector in Malaysia received approval for several innovative, high value-added and high-technology projects, showcasing MIDA’s serious intent to utilise investments to reorientate our industry technologically, redefine Malaysia’s industry standards and fuel future economic growth sustainably. These projects include:

• EVE Energy Malaysia Sdn. Bhd.: An investment of RM4.2 billion to develop cutting-edge Cylindrical Li-Ion batteries for power tools and E-bikes. This project reflects a commitment to sustainable energy solutions and positions Malaysia as a leader in advanced battery technology.
• LOTTE EM Malaysia Sdn. Bhd. (formerly known as IMM Technology Sdn. Bhd.): With an investment worth RM2.3 billion, LOTTE EM Malaysia is set to revolutionise lithium-ion batteries by introducing Electro-deposited copper foil. This breakthrough innovation promises enhanced performance and reliability, contributing to the evolution of the electric mobility industry.
• Xinyi Solar (Malaysia) Sdn. Bhd.: A significant RM1.5 billion investment to produce Photovoltaic functional glass (coated). This project signifies Malaysia’s dedication to renewable energy and showcases its capability to manufacture state-of-the-art solar components.

These high-value projects underscore Malaysia’s commitment to technological advancement, fostering a thriving ecosystem for innovation and attracting more global investments. By pushing boundaries and embracing cutting-edge technologies, the manufacturing sector in Malaysia continues to position itself as a hub for high-value, high-tech ventures with immense growth potential.

Primary Sector Attracts RM2.2 Billion Investments and Promising Opportunities

In Q1 2023, the primary sector in Malaysia drew investments valued at RM2.2 billion. Despite the modest quantum, these investments have the capacity to drive positive economic impact. Here are the key highlights:

• Mining Sub-sector: Approved investments of RM2.1 billion were allocated to mining projects, underscoring our established capacity to extract and utilize valuable minerals from Malaysia’s resource-rich landscape.
• Plantation & Commodities: Garnering investments of RM65.1 million, the plantation and commodities sub-sector demonstrates ongoing efforts to enhance productivity and sustainability in agricultural practices.

While the primary sector’s contribution may be modest compared to services and manufacturing, what is key is that these investments pave the way for future growth and innovation.

Thriving Pipeline and Lead Projects Reflect Investor Confidence in Malaysia

Malaysia’s investment landscape presents bright prospects with a pipeline of proposed investments and lead projects overseen by MIDA. There are currently a total of 878 projects and proposed investments amounting to RM35.9 billion for pipeline projects, and RM150.4 billion for lead projects, reflecting businesses and investors’ confidence in Malaysia’s potential.

The manufacturing sector took the lead with 78.8% (RM28.3 billion) of pipeline projects, while the services sector accounted for 21.2% (RM7.6 billion), showcasing a diversified investment portfolio.

“This robust pipeline and lead project portfolio solidify Malaysia’s reputation as an attractive and thriving investment destination, fueled by its strategic location, robust infrastructure, skilled workforce, and supportive business policies,” says Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA). “As the main Investment Promotion Agency in Malaysia, MIDA remains committed to fostering a conducive environment for businesses and investors, and these impressive figures reflect the confidence they have in Malaysia’s potential for long-term growth and success.”

Moving forward, MITI and MIDA aim to sustain this momentum by attracting new investments that are aligned to the objectives of the New Investment Policy, towards sustainable and inclusive economic growth for Malaysia.

END

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 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, Tik Tok and YouTube.

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

Malaysia Maintains Its Status as a Preferred Investment Hub