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Completion of Acquisition of Property For New Plant In Malaysia

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


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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


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  • Malaysia’s aerospace industry attracts investments worth RM16.7 billion over four decades.
  • Aerospace Industry Seminar brings together industry leaders, experts, and enthusiasts to chart the path for a more robust and globally competitive aerospace sector.
  • Spirit AeroSystems Malaysia aims to secure and expand its supply chain in Malaysia amid the global aerospace industry’s recovery.
  • UMW Aerospace’s commitment to quality and sustainability recognised by Rolls-Royce through multiple awards and continuous work packages.
  • SBSR industry remains resilient, attracting RM363 million in investments in 2022 and creating employment opportunities.
  • Malaysia’s SBSR industry poised for continued growth and evolution with smart solutions and Industry 4.0 advancements.
  • Extension of tax incentives and import duty exemptions position Malaysia as Asia’s premier SBSR hub.
  • SBSR industry seminar provides a vital platform for industry players to shape the future of the industry.
  • Collaborative efforts highlighted in driving the advancement of the SBSR industry.
  • Aerospace and SBSR industry seminars showcase Malaysia’s competitiveness, resilience, and commitment to innovation and sustainability.

WEDNESDAY, 24 MAY 2023 – The Langkawi International Maritime and Aerospace Exhibition (LIMA) served as a platform to foster growth and development in Malaysia’s Aerospace and Shipbuilding & Ship Repair (SBSR) industries. The event brought together key industry players, distinguished speakers, and innovative companies to discuss the latest policies, advancements, and facilities in these thriving sectors, which significantly contribute to the nation’s economic growth.

The Aerospace Industry Seminar, officiated by Datuk Wira Arham Abdul Rahman, CEO of MIDA, was a collective collaboration between MIDA, Ministry of Investment, Trade and Industry (MITI), National Aerospace Industry Coordinating Office (NAICO) and Malaysia Aerosapce Industry Association (MAIA) took center stage and featured captivating presentations by industry giants, including Spirit AeroSystems Malaysia, UMW Aerospace, Safran Landing Systems, Asia Digital Engineering, Matcor Technology Services Pte Ltd, and SIRIM Berhad.

“The Aerospace Industry Seminar provided a platform to showcase Malaysia’s remarkable achievements in the aerospace sector,” stated Datuk Wira Arham. “Over the course of nearly four decades, from 1985 to 2022, Malaysia has approved a total of 131 projects in the aerospace industry, attracting investments worth RM16.7 billion. This remarkable track record highlights Malaysia’s success in attracting significant investments and fostering continuous growth in the aerospace sector.”

Speaking at the seminar, Datuk Zulkarnain Mohamed, Senior Director and General Manager for Spirit AeroSystems Malaysia, stated, “With the current recovery of the global aerospace industry, Spirit AeroSystems is looking to secure and expand its supply chain in this region and in Malaysia. A robust ecosystem will ensure the industry recovery is sustainable and further growth is protected. Developing qualified and competitive suppliers in Malaysia is in line with objectives set in the Malaysian Aerospace Blueprint 2015-2030 and also the Twelfth Malaysia Plan. Spirit AeroSystems Malaysia is supporting those initiatives and has been actively involved in promoting Aerospace industry growth in Malaysia.”

Dato Abdul Rashid Musa, President of the Aerospace Division at UMW Group, shared his thoughts, stating, “UMW Aerospace’s commitment to quality and excellence has led to various recognitions in recent years. Being inducted as 2021 Cohort of Rolls-Royce’s High Performing Supplier Group (‘HPSG’) and maintained its position in 2022 and 2023 is a testament to our dedication and hard work to deliver high-quality products and services to Rolls Royce since 2015. We further added the Supplier Best Practice Award to the list, which recognises suppliers with exceptional qualities, including a focus on continuous improvement in operations and cost optimisation as well as our manufacturing commitment towards zero defects.” He further acknowledged UMW Aerospace’s dedication to sustainable practices, including the adoption of renewable energy and water conservation measures, leading to the company’s membership in Rolls-Royce’s Sustainability Working Group.

Noteworthy Tier-1 local players like UMW Aerospace, SME Aerospace, and CTRM Aero Composite have solidified their positions in the global supply chain ecosystem, showcasing Malaysia’s aerospace industry strength. These leading companies drive innovation and efficiency in manufacturing processes, while Malaysian supporting companies such as Micron Concept Aerostructures Sdn. Bhd., Curge Advance Sdn. Bhd., and T7 Aerotech Sdn. Bhd. enhance industry vibrancy and competitiveness. Together, they form a robust and interconnected ecosystem that fuels continuous growth.

In addition to the aerospace industry, the Ship Building and Ship Repairing (SBSR) industry seminar held during LIMA 2023 showcased Malaysia’s thriving shipbuilding and ship repair sector. Despite global supply disruptions caused by the COVID-19 pandemic and uncertainties in the global oil and gas industry, the SBSR industry has remained resilient. In 2022, MIDA approved a total of five projects with a combined investment of RM363 million, marking a significant increase of 451.7 percent compared to the previous year’s investment of RM65.8 million. These projects are expected to generate 183 employment opportunities, further solidifying the industry’s growth and impact on Malaysia’s economy.

Tan Sri Dato’ Seri Dr. Sulaiman Mahbob, Chairman of MIDA expressed his appreciation for the vital contributions of shipyard owners, workers, technology providers, manufacturers, suppliers, port authorities, and government agencies. Recognising their roles in the industry’s resilience and success, he stated, “As we march forward, the SBSR industry is poised for continued evolution and growth.” He highlighted Malaysia’s aspiration to become Asia’s premier SBSR hub by leveraging smart solutions, seamless technologies, and Industry 4.0 advancements to construct modern and eco-friendly vessels.

The SBSR industry thrives within a dynamic ecosystem, where diverse stakeholders collaborate to design, construct, maintain, and upgrade vessels. This interconnected network forms the foundation for resilience and growth. Their expertise contributes to a robust and competitive shipbuilding and ship repair sector. Malaysia aims to strengthen its position as Asia’s SBSR hub through collaboration and innovation, shaping a vibrant future for the industry.

With the extension of tax incentives and import duty exemptions until 31 December 2027, as announced by the Malaysian government, the SBSR industry is poised to attract more investments and enhance its capacity and capabilities. These measures reflect the government’s commitment to supporting the maritime industry and establishing Malaysia as Asia’s premier SBSR hub. The SBSR industry seminar at LIMA 2023 provided a vital platform for industry players to stay informed, forge connections, and collectively shape a prosperous future for the industry.

The SBSR industry seminar witnessed engaging presentations by entities such as the Malaysian Industry-Government Group for High Technology (MIGHT), Bank Pembangunan Malaysia Berhad (BPMB) and MIDA. These presentations further highlighted the industry’s potential and the collaborative efforts in driving its advancement.

The Aerospace Industry Seminar and the SBSR Industry Seminar served as significant milestones in bringing together key industry players, distinguished speakers, and innovative companies to discuss the latest policies, developments, and facilities within Malaysia’s thriving aerospace and SBSR industries. These seminars showcased Malaysia’s competitiveness, resilience, and commitment to innovation and sustainability in these sectors.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 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 more information, please contact:

Ms. Habibah Enok
Director, Oil & Gas, Maritime and Logistics Service Division
Email: [email protected] | DL: 03-2267 3539

Mr. Nazuki Abdullah
Director, Transportation Technology Division
Email: [email protected]| DL: +603-2267 6688

MIDA Showcases Malaysia’s Aerospace and Shipbuilding & Ship Repair (SBSR) Industries at LIMA 2023


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~ Clean energy adoption surges as more corporations prioritize sustainability efforts.

Kuala Lumpur, 24 May 2023 – Clean energy expert, Solarvest Holdings Berhad (“Solarvest” or the “Group”) has today announced the successful completion of a 1.1 megawatt-peak (“MWp”) rooftop solar photovoltaic (“PV”) installation project for Bromma (M) Sdn Bhd (“Bromma”) at its manufacturing plant in Chemor, Perak.

Solarvest served as the engineering, procurement, construction, and commission (“EPCC”) provider for the rooftop installation of solar PV panels with an expected annual clean electricity generation of 1,497.8 megawatt-hour (“MWh”). This allows Bromma to offset 957 tonnes of carbon dioxide emissions, which is the equivalent to the air-purifying effect of 43,505 mature trees.

MIDA Deputy Chief Executive Officer (Investment Promotion and Facilitation), Mr. Sivasuriyamoorthy Sundara Raja expressed MIDA’s full commitment to supporting businesses and investors throughout their journey in Malaysia. He highlighted, “Bromma’s dedication to renewable energy couldn’t have come at a more opportune time. The Malaysian Government has recently announced visionary policies that highlight the significance of clean energy sources. By adopting solar power, Bromma is not only reducing their environmental impact but also actively contributing to our nation’s ambitious goal of increasing the renewable energy capacity mix to 70% by 2050. They are paving the way for a brighter, greener future.”

“Sustainability practices have been amplified with the adoption on ESG principles that will certainly spur sustainable growth by addressing the issues related to climate change. This is in line with the National Investment Aspirations (NIA) to ensure that the country remains a competitive destination for high-value investments, delivering sustainable and holistic economic growth,” he added.

Executive Director and Group Chief Executive Officer of Solarvest, Mr. Davis Chong Chun Shiong (张俊雄) said, “We are delighted to have successfully completed the installation of the rooftop solar PV system, in which our commitment to quality and timely delivery has enabled us to contribute to Bromma’s sustainability goals. Leveraging on our expertise in turnkey engineering and technical solutions, we are confident in helping Bromma achieve its energy efficiency targets through this solar PV system.”

“With sustainability initiatives becoming an important corporate agenda, we are seeing a surge of interest in clean energy adoption. Our job pipeline remains strong, with a tender book of approximately 2.5 gigawatts (“GW”) comprising large-scale power plants, commercial and industrial projects, as well as overseas ventures.”

“Additionally, the recent lift of the renewable energy (“RE”) export ban by the Malaysia government, along with the new national RE generation target to 70% by 2050, presents even more exciting opportunities for Solarvest and the clean energy industry. As corporations strive to reduce their reliance on fossil fuels for electricity generation, we are looking forward to supporting our customers on their journey towards a greener future as a reliable decarbonization partner,” Mr. Davis concluded.   

President of Bromma, Ms. ShuShu Zhang (张姝姝) said, “At Bromma, we are committed to doing our part to help reduce our carbon footprint by halving our greenhouse emission by 2030, as part of our climate ambition to limit the rise in global temperature by 1.5°C per year. In pursuit of this objective, we are excited to transition to solar energy to promote clean electricity consumption and emission reduction.”

“In addition to reducing the environmental impact of our operations, we aim to mitigate the risk of rising electricity costs by utilising solar energy. We are proud to take a proactive step towards sustainability and are dedicated to exploring innovative clean energy solutions to further reduce our carbon footprint.”

MWp rooftop solar PV installation project completion ceremony with representatives from Solarvest Holdings Berhad, Bromma (Malaysia) Sdn Bhd, and Malaysian Investment Development Authority (MIDA).

*****

About Malaysian Investment Development Authority (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 Solarvest Holdings Berhad

Solarvest is a clean energy expert with a multi-national presence across Asia-Pacific.

The Malaysia-based company started as a one-stop solar photovoltaic system solution provider for residential, commercial & industrial, and utility-scale solar farms. Today, Solarvest also owns renewable energy generation plants with a cumulative capacity of over 50MW (on-going and completed). The company is currently venturing into other clean energy solutions including, among others, energy efficiency, low-carbon mobility, and renewable energy certificates.

Solarvest is listed on the Main Market of Bursa Malaysia. For more information, log on to https://solarvest.my

About Bromma (Malaysia) Sdn Bhd

Bromma is a renowned manufacturer of spreaders and associated equipment and services for container handling. With history dating back to 1960, Bromma has been at the forefront of innovation in the crane manufacturing industry, with groundbreaking products including the first telescopic spreader, the first twin-twenty spreader, the first 45-foot spreader, and the first all-electric spreader line. Bromma has delivered spreaders to more than 500 terminals in over 90 countries at 6 continents, with provision of over 14,000 crane spreaders and rotators worldwide. Bromma’s manufacturing facilities adopt first-rate testing, manufacturing and service systems, in which all of its manufacturing sites are awarded with international standards of ISO3834, ISO9001, ISO14001 and ISO45001 certifications.

For more information, log on to https://bromma.com/

For media enquiries, kindly contact:

Solarvest Holdings Berhad
Khai Min Lim
(E) [email protected]

Solarvest Empowers Bromma’s Green Initiatives Through the Provision of Clean Energy Solutions


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Penang, Malaysia (23 May 2023) – SEMICON Southeast Asia (SEA) 2023, the region’s premier gathering of the semiconductor and microelectronics industry, kicked off today at the Spice Arena, Penang. The conference, spanning three days, features two themed pavilions and encompasses a variety of engaging events. Among the highlights are the CXO Summit, the SMART Mobility Forum, and the Sustainability Forum, all contributing to the vibrancy and significance of this year’s event.

The CXO Summit, an integral part of SEMICON SEA, is a high-level gathering of industry leaders and executives. It provides a platform for insightful discussions on investment opportunities within the region. Esteemed speakers and participants will exchange valuable perspectives, exploring the latest advancements in the semiconductor industry and shaping its future.

Speaking at the CXO Summit of SEMICON, Ms. Lim Bee Vian, Deputy Chief Executive Officer (Investment Development) of the Malaysian Investment Development Authority (MIDA), highlighted, “MIDA has proudly collaborated with SEMI over the years and we are encouraged by the interest and turnout.” She further added “The significant investments in the E&E industry are a testament to Malaysia’s appeal as a destination for industry players. In 2022 alone, the industry attracted a total investment of RM29.3 billion from 106 projects, with an impressive 95.2 percent coming from foreign sources. We have also seen the steady growth of aspiring local companies in our industry meeting the industrial needs of the MNCs and being very much part of the global value chain.” These remarks from Ms. Lim underscore MIDA’s commitment to fostering investment and positioning Malaysia as a preferred location for the semiconductor and microelectronics industry, reflecting the success and potential of the country’s E&E sector.

Raising the excitement levels this year is the inaugural SMART Mobility Forum, as SEMICON SEA embraces the future of transportation. With countries worldwide accelerating towards a Net Zero Emission future by 2050, automotive manufacturers are revolutionising their designs, lowering costs, and pioneering sustainable solutions. Titled “Towards Investment Sustainability in the EV Ecosystem,” MIDA’s presentation spotlights Malaysia’s commitment to becoming a key player in the Electric Vehicles (EV) revolution. In collaboration with MIDA, the forum presents an unrivalled opportunity for industry leaders, policymakers, and experts to explore cutting-edge innovations, investment prospects, and government initiatives in the EV sector. Malaysia’s visionary New Energy Policy (2022 – 2040) propels the nation towards a low-carbon future, with a target of 38 per cent EV penetration by 2040, solidifying its dedication to sustainable mobility.

Meanwhile, the Sustainability Forum further elevates the discourse on environmentally conscious practices and circular industry trends. Esteemed speakers from multinational giants like Schneider, Intel, Western Digital, and STMicroelectronics converge to share best practices, foster resilient circular industries, and drive Malaysia’s sustainability efforts through green technology investments. Aligned with Malaysia’s National Investment Aspirations (NIA) and Environmental, Social, and Governance (ESG) principles, the forum reinforces MIDA’s commitment to attracting high value-added and technology-driven investments, bolstering the nation’s sustainable development goals.

As SEMICON SEA 2023 unfolds, the conference takes centre stage in propelling Malaysia’s EV ecosystem and green technology advancements to new heights. With the collaboration between MIDA and SEMI, Malaysia stands poised to capture global attention as a leader in the transition towards electric mobility and sustainable practices. SEMICON SEA 2023 not only catalyses industry growth but also cements Malaysia’s position as an innovative hub for the semiconductor and microelectronics sector.

*****

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, TikTok and YouTube channels.

For more information, please contact:

MIDA
Ms. Noor Suziyanti Saad
Director, Electrical and Electronics Division, MIDA
Email: [email protected] | DL: +603-2267 3575

Mr. Mohd Riduan Abd. Rahman
Director, Green Technology Division, MIDA
Email: [email protected] | DL: +603-2267 6634

Mr. Nazuki Abdullah
Director, Transportation Technology Division, MIDA
Email: [email protected] | DL: +603- 2267 6688

SEMICON SEA 2023 Showcases CXO Summit and Engaging Forums on SMART Mobility and Sustainability


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KUALA LUMPUR – 23 May 2023 – Critical areas of semiconductor industry growth including sustainability, smart manufacturing, smart mobility, smart medtech and workforce development will take center stage over the next three-days at SEMICON Southeast Asia, the industry’s premier global electronics manufacturing and supply chain event. The opening was officiated by YAB Datuk Seri Dr. Ahmad Zahid Bin Hamidi, Deputy Prime Minister of Malaysia and YAB Mr Chow Kon Yeow, Chief Minister, Penang.

Themed Boosting Agility and Resiliency for the Electronics Supply Chain, the event will gather industry leaders to explore ways for the electronics industry to build a more robust supply chain as it navigates the current economic downturn and ongoing disruptions. The event will connect semiconductor manufacturing equipment companies, private and public partners, and other key industry stakeholders to explore new collaboration and growth opportunities.

Speaking at the opening ceremony, Ajit Manocha, CEO of SEMI said thatSEMICON Southeast Asia 2023underscores the significance of the Electrical and Electronics (E&E) industry both in Malaysia and the broader Southeast Asia region. “Despite geopolitical and economic uncertainties, the industry has strong fundamentals and is poised for exceptional longer-term growth on the strength of digital transformation and emerging applications in multiple markets. The proliferation of autonomous machines, electric vehicles, 6G and many other trends all require an increase in semiconductor content, which will bode well for the region.”

“The accelerating digital transformation and the convergence of AI (Artificial Intelligence), IoT (Internet of Things), AR/VR (Augmented Reality/Virtual Reality), quantum computing, autonomous machines and many other emerging technologies will touch virtually every end market, resulting in tremendous opportunities for the semiconductor industry. SEMICON Southeast Asia 2023 will drive conversations in this space, whilst also discussing the importance of sustainability and building stronger supply chains.”

The Chief Minister of Penang, YAB Mr. Chow Kon Yeow, expressed Penang’s commitment to promoting a supportive and dynamic business environment in the semiconductor sphere. “Home to a thriving ecosystem of semiconductor players, Penang is often lauded for its areas of expertise along the value chain. This allows for greater flexibility and responsiveness in the supply chain, enabling companies to quickly adapt to changing market conditions and customer needs. Having over 50 years of industrial excellence, the state, via InvestPenang, commits to nurture the growth of emerging subsectors, extending Penang’s depth and breadth in the semiconductor industry.”

“With the escalating pace of technological evolvement, the state recognizes the importance of agility and resiliency to ensure that the latest technology can be brought to market efficiently and at a timely manner. As the hosting state, we are proud to showcase our strengths in the field and the ways in which we can contribute to advance the industry as a whole,” Chow added.

Ms. Lim Bee Vian, Deputy Chief Executive Officer of Malaysian Investment Development Authority (MIDA) said SEMICON Southeast Asiahas undeniably emerged as a paramount exposition for the electronics industry in this dynamic region.  MIDA is thrilled by the overwhelming interest and turnout we have received over the years from our longstanding and successful collaboration with SEMI Southeast Asiaas well as like-minded supporters and partners of this event.”The E&E industry is poised to continue its growth trajectory in 2023, driven by the increasing global demand for chips and semiconductor equipment. In 2022 alone, the industry attracted a total investment of RM29.3 billion from 106 projects, with an impressive 95.2% coming from foreign sources. These investments not only contributed to economic growth but also created employment opportunities, including highly skilled positions. With a well-established E&E industry’s ecosystem, Malaysia has become the magnet for the world’s largest and most innovative electronics companies, including industry giants like Intel, ST Microelectronics, Infineon, Micron, Texas Instruments, TF AMD, and Osram.

The presence of global MNCs, further enhanced local companies in our industry to meet the industrial needs of these MNCs and being very much part of the global value chain. Thus, indicating a clear vote of confidence in Malaysia’s strategic prowess. Furthermore, she added, “the country’s focus on accelerating the adoption of advanced factory automation and digitalisation aligns with the global trend toward greater reliance on digitalisation, ensuring sustained growth in the industry.”

SEMICON Southeast Asia 2023 Highlights

  • CxO Summit on Boosting Agility and Resiliency of the Electronics Supply Chain in SEA
  • Workforce Development
    – Career fair and talks
    – SEMI SEA University Bootcamp
    – Launch of SEMI University, an online learning management system comprising courses targeted towards industry professionals in the semiconductor and electronics industry.
  • Forums
    – SMART Mobility
    Market and Industry trends
    SMART Enterprise
    Advanced Packaging
    SMART MedTech
    Advanced Product Testing
    – Sustainability
  • Smart Innovators Showcase to help expand the adoption of Industry 4.0 best practices and explore the latest smart manufacturing and sustainability solutions in the semiconductor industry.
  • Industry VIP Networking Night for attendees to connect with industry leaders and experts.

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

SEMICON Southeast Asia will be moving to Kuala Lumpur in 2024, to be held in May 28-30 at Malaysia International Trade and Exhibition Centre (MITEC). The show in Kuala Lumpur will focus on smart mobility, smart manufacturing and sustainability.

About SEMI

SEMI® connects more than 2,500-member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA), the MEMS & Sensors Industry Group (MSIG) and SOI Consortium are SEMI Strategic Technology Communities. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.

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, TikTok and YouTube channel.

About InvestPenang

InvestPenang is the Penang State Government’s principal agency for promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth 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 i4.0 seed fund (a catalyst for the startup ecosystem). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook ; LinkedIn.

Media Contacts

Ryan Teo
SEMI Southeast Asia Pte Ltd
[email protected]
+65 9859 0883

Reshvinder Kaur (for SEMI Southeast Asia Pte Ltd)
[email protected]
+6017 275 7985

Ms. Noor Suziyanti Saad
Director, Electrical and Electronics Division, MIDA
Email: [email protected] | DL: +603-2267 3575

Yeoh Bit Kun / Ooi Phei Wen
InvestPenang
[email protected] / [email protected]

SEMICON Southeast Asia 2023 Brings Focus on Electronics Supply Chain Resilience, Sustainability, Smart Tech and Talent


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18 May 2023, Marang, Terengganu – A momentous groundbreaking ceremony took place in Mukim Merchang on 16th May, marking the commencement of the first and largest integrated project in Asia and Oceania for the production of cristobalite and ultra-purity industrial silica.With an investment of more than RM500 million, TRG Silica (Marang) Sdn. Bhd. a wholly-owned Malaysian company is setting a milestone to build a state-of-the-art facility with 7th generation equipment and also encompasses the development of a new private terminal known as Marang terminal.

The project’s primary objective is to produce advanced silica minerals with the highest purity level and very low iron content that is highly demanded by the downstream industry of high-end glass. In the meantime, the project will be the first in Asia and Oceania to develop high-temperature polymorph of silica – cristobalite, characterised by its high abrasion resistance and intensive white pigment.

The ceremony was graced by Duli Yang Maha Mulia Al-Wathiqu Billah Sultan Mizan Zainal Abidin ibni Almarhum Sultan Mahmud Al-Muktafi Billah Shah, Sultan of Terengganu, and among the attendees were from the Ministry of Investment, Trade and Industry (MITI), led by Datuk Hanafi Sakri, Deputy Secretary General (Industry) and representatives from the Malaysian Investment Development Authority (MIDA).

The project is aligned with objectives to spearhead local economic development through various businesses and provide high-quality job opportunities for domestic stakeholders, especially in Marang, Terengganu. YAB Dato’ Seri Dr. Ahmad Samsuri Mokhtar, Menteri Besar of Terengganu said, “It is my hope that the investment will be able to contribute to the economic growth of Terengganu and the Gross Domestic Product (GDP) as well as elevate the standard of living of the local community and indirectly improving socio-economic status of the rakyat in Terengganu, particularly rural area.”

Datuk Wira Arham Abdul Rahman, Chief Executive Officer (CEO) stated, “Kudos to TRG Silica (Marang) Sdn. Bhd. for their innovative spirit. With their state-of-the-art facility and the development of Marang Terminal, Terengganu is poised to become a powerhouse in the global industrial minerals market. This venture will not only revolutionise our production capabilities but also create exciting opportunities for our local workforce.”

Industry players are urged to leverage the availability of these materials in the country to enhance and diversify their supply chains, particularly for high-end glass applications such as electronic display glass, smartphone glass, ultra-thin solar glass, semiconductors, and ophthalmic glass. Additionally, cristobalite has wide-ranging applications in various sectors, including engineered stone, coatings, polymers, dentistry, road marking, and other industrial applications. Leveraging these resources can yield substantial benefits and bolster the overall competitiveness of the industry.

“This remarkable collaboration between the company and other industry players will fuel the development of a robust supply chain. It is an invitation for stakeholders to harness these resources and drive innovation in advanced manufacturing.”, added Datuk Wira Arham.

In the meantime, Y.A.M Tengku Sri Temenggung Raja D.K, S.S.M.T Dato’ Seri Tengku Baharuddin ibni Al-Marhum Sultan Mahmud Al-Muktafi Billah Shah, Group Chairman of TRG Silica (Marang) Sdn. Bhd. underscored the company’s commitment towards the development of downstream industry via collaboration with MIDA to attract foreign investments in the specialty glass industry. Additionally, he also said, “this cristobalite and ultra-purity industrial silica is a pioneer project for decarbonisation under mineral industry by MITI.”

TRG Silica (Marang) Sdn. Bhd. upholds sustainability values that have been deeply rooted since its parent company, TRG Industrial Minerals Sdn. Bhd., was established in 2010. With a strong commitment to minimising environmental impact and promoting responsible practices, the company implements decarbonisation and Environmental, Social, and Governance (ESG) initiatives. Through its “Decoding the Future of Sustainability in Mining and Mineral Processing” initiative, the company aims to develop a sustainable domestic supply chain, fostering economic growth and creating high-quality job opportunities in the process.

The demand for “Ultra Purity Silica” produced by TRG Silica (Marang) Sdn. Bhd. is driven by the industry’s need to produce “low-iron glass” that offers maximum brightness and clarity compared to normal glass. This high-quality silica is sought after by manufacturers in various industries, including high-end glass applications, due to its exceptional purity and low iron content.

*****

About MIDA

MIDA is the Government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be a 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 channels.

About TRG Silica (Marang) Sdn. Bhd.

TRG Silica (Marang) Sdn. Bhd. (TSM) that was incorporated in 2016 is 100% owned by the local company, TRG Industrial Minerals Sdn. Bhd. (Co. No: 201001012979). TSM has successfully obtained silica sand deposit land concession for 60 years which are divided into 5 plots of neighbouring lands with total area of 826.36 hectares in Mukim Merchang, Daerah Marang in Negeri Terengganu Darul Iman. TSM will be the first industry in Asia and Oceania to develop Cristobalite and Ultra Purity Industrial Silica Project in Mukim Merchang, Daerah Marang, Terengganu.

TSM is the only upstream non-metallic mineral industry in Asia and Oceania to produce Cristobalite and Ultra Purity Industrial Silica for engineering stone application and clear glass manufacturing. Value Added Ultra Purity Industrial Silica Beneficiation plant will be built at Lot 53483 (PT 14367) and the 1st phase of mining activities will be conducted in stages at Lot 53483 (PT 14367) and followed by Lot 53482 (PT 14368) and Lot 53628 (PT 14369) with reserved estimated mine life more than 100 years.

At the current stage, TSM holds Proprietary Mining License PML 1/2021 Lot 53482 (PT 14368) and PML 2/2021 Lot 53483 (PT 14367) for 21 years (valid renew till the end of 60 years land lease period) with Operational Mining Scheme (Kelulusan Skim Pengendalian Melombong) for the above 2 lots.

For more information, please contact:

MIDA
Ms. Rozita Ibrahim, Director
Building Technology and Lifestyle Division, MIDA
Tel.: 03- 2267 3479| Email: [email protected]

TRG SILICA (MARANG) SDN. BHD.
Ms. Abita M. Nallasamy
Manager
Tel.: 012-2173444 | Email:[email protected]

The First Project in Asia and Oceania to Produce Cristobalite and Ultra Purity Industrial Silica in Terengganu by TRG Silica (Marang) Sdn. Bhd.


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Providing high-quality Halal-certified sauce products to ASEAN region and beyond

SEREMBAN, 18 MAY 2023 – Mahsuri Food Sdn. Bhd. (“Mahsuri”), the leading producer of Halal-certified products for the ASEAN region proudly announces the upcoming full operation of its advanced manufacturing plant in Bandar Enstek, Negeri Sembilan. The new 24,000 square meter plant will include facilities for manufacturing, warehousing, quality assurance laboratory, research and development centre, offices and social facilities. The plant is expected to commence its operations in early 2025, thus positioning Mahsuri as the pioneer in soy sauce production within the ASEAN region by implementing the revolutionary Rotary-type Koji-Making Machine.

Distinguished guests attending the ground-breaking ceremony at Bandar Enstek, Negeri Sembilan today were the Menteri Besar of Negeri Sembilan, YAB Datuk Seri Haji Aminuddin Harun; Committee Chairman for Investment, Industry, Entrepreneurship, Education and Human Capital, YB Dato’ Dr. Mohamed Rafie Ab. Malek; Deputy Chief State Secretary, YB Dato’ Muhamad Nahar Mohd Sidek; Director of Food Technology and Resource Based Industries Division of Malaysian Investment Development Authority (MIDA), Ms. Manjit Kaur Balkar Singh; Chief Executive Officer of Invest Negeri Sembilan, Dato’ Hj. Najmuddin Sharif Sarimon; Chief Supply Chain Officer of Lee Kum Kee Sauce Group, Mr. Dillon Fu; Non-Executive Director of Mahsuri, Dato’ Roslan Mahyuddin; Non-Executive Director of Mahsuri Dagang, Datuk Ahmad Tajuddin Idris; Head of Government and Community Development, Puan Lailah Mohd Darus; and Mahsuri Head of Commercial, Mohd Jazri Ikmal Hijaz.

YAB Datuk Seri Aminuddin Harun, Menteri Besar of Negeri Sembilan in his opening remarks welcomed Mahsuri to the state as a sauce production base and build a new eco-system in the related industry. “Hopefully with the growth of the Halal industry and the high demand for Halal products by the Malaysian community and the world, Mahsuri will continue to grow and be among one of the World’s Top Ten Halal Brands in the future,” said Datuk Seri Aminuddin Harun.

Datuk Wira Arham Abdul Rahman, CEO of MIDA expressed his excitement about the forthcoming full operation of the new manufacturing plant, stating “Malaysia’s vibrant ecosystem for attracting high-quality investments has placed the country at the forefront of halal products and services. Mahsuri’s new manufacturing plant, worth over RM 250 million, signifies a significant milestone in Malaysia’s journey to becoming a global hub for trendy and innovative halal offerings. The well-established food manufacturing ecosystem, enhanced processing technology, knowledgeable talent, and globally recognised halal certification system in Malaysia make it an ideal destination for companies seeking to tap into the growing halal market.”

“Moreover, Mahsuri’s commitment to nurturing local talent is commendable. By ensuring that at least 50% of their new workforce consists of skilled talents, Mahsuri is contributing to the development of a highly capable workforce in Malaysia. This aligns perfectly with our National Investment Policy and showcases Mahsuri’s dedication to driving economic growth and creating quality employment opportunities,” commended Datuk Wira Arham.

Dato’ Roslan Mahyuddin, Non-Executive Director of Mahsuri said, “Mahsuri is committed to creating tasty convenience for consumers. The new plant will allow Mahsuri to increase its production capacity and provide its customers with high-quality Halal-certified products. It will lay a solid foundation for the future growth of the Mahsuri brand, enabling us to provide tasty and convenient experience to consumers locally and abroad.”

The Halal-certified products made in the new plant will serve the local market as well as Indonesia, the Philippines, Singapore, Vietnam, Thailand, Myanmar, Cambodia, India and the Middle East. Over the next few years, Mahsuri will gradually embark on its journey to tap into the US market to bring “Made in Malaysia” products to the global markets.

With the establishment of a new plant in Negeri Sembilan, Mahsuri aims to create new employment opportunities for the local community and facilitate the upskilling of talents.

For more information about Mahsuri, please visit www.mahsurifood.com.my

-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, TikTok and YouTube channels.

About Invest Negeri Sembilan

INVEST Negeri Sembilan is the main investment arm of the state and was established with the primary goal to ensure a safe and secure passage for every investment in Negeri Sembilan. It is our previledge to assist every investor and busineses to give our best support to ensure the success of the investment and the business through expert advice and consultation on matters such as site selection, land matters, general policies and procedures, and other matters related to the investing and business.

About Mahsuri Food Sdn. Bhd.

Mahsuri is committed to creating tasty convenience for consumers, making cooking fun and easy, offering a range of sauces that are Halal and made in Malaysia. Mahsuri’s sauces have been available to the Malaysian public since the late 1990s, when Malaysia was undergoing a booming period of growth.

Through laborious efforts and countless trials and tribulations, Mahsuri successfully brought together expertise, modern manufacturing technology and fine Malaysian Halal recipes in offering effortless cooking for Malaysians – the blueprint for Mahsuri’s success in Malaysia today.

Mahsuri has created a range of convenient sauces to help Malaysian cook easy meals at home. But the story does not stop there. It is now time to expand beyond Malaysia, to bring uniquely Malaysian flavours and sauces Halal-certified sauces to the world.

For more information, please contact:

MIDA
Ms. Manjit Kaur Balkar Singh
Director, Food Technology & Resource Based Industries Division, MIDA
Email: [email protected] | DL: + 603- 2267 3509

Invest Negeri Sembilan
Dato’ Najmuddin Sharif bin Sarimon
Chief Executive Officer, INVEST NS
[email protected] | DL: +606-765-9570

Mahsuri Food Sdn. Bhd.
Yasmin Syazwina
Edelman PR Event
Email: [email protected] | Mobile: +6016-973 7956

Lee Wui Wui (+60172463846)
Email: [email protected] | Mobile: +6017-246 3846

Mohd Jazri bin Ikmal Hijaz
Email: [email protected] | Mobile: +6012-345 7611

Leading Soy Sauce Producer Sets New Heights with Advanced Food Processing Plant


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KEDAH, 17 May 2023 – Rapid Manufacturing global electronics manufacturing company specialising in custom-designed wire and cable harnesses, electro-mechanical, and box build assemblies, unveiled a new expansion of its operations in Kulim, Kedah, Malaysia. The new facility will continue to serve its customers in the aerospace, telecommunication, medical, semiconductor, automotive, and industrial automation sectors. Beyond manufacturing roles, the site will also house a knowledge-intensive regional center, establishing a state-of-the-art Centre of Excellence (COE) to drive the company, up its value chain and eventually positioning itself as an industry leader.

Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) congratulated the company on its impressive milestone, said, “The expansion of Rapid Manufacturing’s production facility is a testament to the long-term growth in demand for the industry globally, and Malaysia is well positioned to capitalise on these opportunities. By leveraging the country’s comprehensive electrical and electronics (E&E) ecosystem and our mature semiconductor supply chain, the new facility is expected to have a positive impact on job creation, benefiting the local community and rakyat at large, while enhancing the country’s supply chain to meet the rapidly changing requirements of the E&E industry. Additionally, this expansion will encourage innovation in emerging fields in the country.”

“This development aligns perfectly with the Government’s aspirations under the Twelfth Malaysia Plan and the New Investment Policy, strengthening the fundamentals of Malaysia’s investment ecosystem.”, added Datuk Wira Arham.

“The Northern Corridor Implementation Authority (NCIA) is committed to attracting and facilitating high-value investments in the Northern Corridor Economic Region (NCER), which includes the states of Kedah, Perlis, Penang, and Perak,” said Mr. Mohamad Haris Kader Sultan, Chief Executive of NCIA. “We are proud to have played a role in facilitating Rapid Manufacturing’s investment in the region, and we believe that this new facility will further enhance the region’s position as a leading destination for high-tech manufacturing.”

He explained that Rapid Manufacturing’s investments in Kedah and Penang will considerably strengthen the supply chain ecosystem development to support the activities of the E&E, Machinery and Equipment (M&E), medical technology and devices, telecommunication, automotive and aerospace industries in NCER. With the facilitation by NCIA via its various NCER incentives, the authority is confident that more companies will follow suit and invest in NCER, driving sustainable economic growth and creating job opportunities for the local community.

“We were able to accelerate Rapid Manufacturing’s decision to invest in Kulim, Malaysia with our offering of a fully integrated high-tech park focusing on high technology manufacturing, advanced technologies, and R&D activities” said Dato’ Mohd Sahil Zabidi, Group Chief Executive Officer of Kulim Technology Park Corporation (KTPC). He also said it was an honour for KTPC to be able to enable Rapid Manufacturing’s efforts to be an innovative industry leader utilising the talents and excellent infrastructure available in Kulim.

“We’re pleased to announce the opening of our new plant in Kulim. It allows us to scale up testing and handling capabilities to meet the growing demand and ensure our customers’ success by continuing to grow our capabilities and to deploy quickly at scale.’’, said Mr. Yogendran Krishnamurthy, Managing Director of RPD MFG Connectivity Sdn Bhd, a subsidiary of Rapid Manufacturing.

“Rapid’s investment strategy in Kulim is expected to create an estimated 2,000 employment opportunities for the local workforce, which includes at least 500 high income jobs. This further affirms a spur to economic growth of the state of Kedah. Rapid’s key priorities are its commitment to hiring and training the local talent, as well as enhancing its vendor-development programs to provide adequate opportunities to local vendors. Local talent, both indirect and direct labor, can have a far-reaching impact on the overall performance of Rapid’s investment.’’, expressed by Mr. Luis Espinoza, COO of Rapid Manufacturing.

“’I am certain that Kulim will be key to the company’s global supply chain network, serving as a hub for Asia Pacific markets and supporting ongoing global business continuity and resilience.’’, commented Mr. Dan Lang, Owner of Rapid Manufacturing.

With over 47 years of operations in the cable and connector industry, Rapid Manufacturing with its very strong customer focused approach, has been able to meet the high demands on reliability and quality conformance with a diverse customer base across multiple industries in different regions. The company is delighted to spearhead its expansion and investment initiatives in the Southeast Asian region, particularly in Malaysia.

*** THE END ***

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 Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About NCER
NCER is one of the regions identified under the Ninth Malaysia Plan for the promotion of balanced and equitable national economic development. It covers the four northern states of Peninsular Malaysia: Perlis, Kedah, Pulau Pinang and Perak. NCER spans 32,404 km², with a population of 6.8 million as of 2018.

About Rapid Manufacturing
Rapid Manufacturing, established in United States of America, is global electronics manufacturing company, and an Advanced Interconnect Solutions Provider dedicated to producing electronic, custom-designed wire and cable harnesses, electro-mechanical and box-build assemblies for Original Equipment Manufacturers (OEMs) announced that it is expanding to Kulim, Kedah. The company has its main facility in Anaheim, California, USA, as well as manufacturing plants strategically located in Mexico and China.

Media Contacts

MIDA
Ms. Noor Suziyanti Saad
Director of Electrical and Electronics Division
T: +603 2267 3575
E: [email protected]

NCIA
Mr Mohamad Haris Kader Sultan
Chief Executive, NCIA
E: [email protected]

Rapid Manufacturing
Mr Yogendran Krishnamurthy
Managing Director of RPD MFG Connectivity Sdn Bhd
T: +60 12-327 3515
E: [email protected]

Rapid Manufacturing Expands Footprints in Malaysia Through Its Fourth Manufacturing Plant


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Kuala Lumpur, 12 May 2023 – EVE Energy Malaysia Sdn. Bhd. (EVE) and Pemaju Kelang Lama Sdn. Bhd. have officially signed a Memorandum of Understanding (MOU) today, marking a significant milestone in the establishment of EVE’s state-of-the-art manufacturing facility in Malaysia. Located in Kulim, Kedah, the manufacturing plant represents a substantial investment of up to USD422.3 million. This facility will be EVE’s 53rd factory and will spearhead the development of an International Cylindrical Battery Industrial Park in Malaysia. The factory will primarily focus on the production of cylindrical lithium-ion batteries for power tools and electric two-wheelers. Furthermore, this project holds the potential to generate 600 new high-quality job opportunities, further contributing to the local economy and employment sector.

YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), expressed his warm welcome and provided strong support for EVE’s decision to set up in Malaysia. He emphasised, “In our pursuit of unlocking the full potential of EVs, it is crucial to acknowledge the significant role assumed by battery manufacturers. The establishment of a cutting-edge manufacturing facility dedicated to the production of cylindrical lithium-ion batteries in Kulim, Kedah, exemplifies this commitment. Through collaborations with industry leaders like EVE, Malaysia can drive innovation, enhance battery performance, and contribute significantly to the global transition towards sustainable mobility.”

“This MOU will strongly promote local economic development and employment, and further improve the skills of local employees, which can contribute to the development of local supporting, R&D and related industries. The Malaysian government will create an environment that is more suitable for global innovative enterprises to achieve mutually beneficial and win-win developments. We extend our sincerest wishes for EVE to achieve fruitful results beyond expectations”, he added.

The signing of this MOU signifies the advancement of EVE’s Malaysian project, which effectively meets the company’s needs to further expand the production capacity of cylindrical batteries to support manufacturers of electric two-wheelers and power tools, primarily Malaysia and Southeast Asia.

Relying on its domestic manufacturing advantages and experiences, EVE’s Malaysian plant will continually have technical innovations. It strives to be an advanced manufacturing and world-class digital smart battery factory. This will further promote the company’s overseas businesses and global market share of the electric two-wheelers and power tools markets and enhance EVE’s comprehensive competitiveness, while accelerating the expansion of its overseas businesses and promoting the development of Malaysia.

In welcoming EVE’s presence to Malaysia, Datuk Wira Arham Abdul Rahman, Chief Executive Officer of Malaysian Investment Development Authority (MIDA), expressed, “MIDA is committed to attracting quality investments to support the EV supply chain and  ecosystem in Malaysia. We are optimistic that EVs will gain more popularity and become more mainstream, primarily due to the growing demand for the green transportation in the ASEAN region. Through proactive initiatives, MIDA is dedicated to positioning Malaysia as the preferred sustainable investment destination leading player in the global value chain and the preferred technology partner for EVs, aligned with the National Investment Aspirations (NIA) and the New Investment Policy (NIP). Let me assure you that we will continue to facilitate and support EVE Energy’s project implementation and its future expansions in Malaysia.”

YB Dato’ Wira Ku Abd Rahman bin Ku Ismail, Senior Member of Kedah State Executive Council (Committee Chairman of Industry & Investment, Higher Education and Science, Technology & Innovation of Kedah Darul Aman), said, “I would like to emphasize that the Kedah State Government is fully committed to supporting businesses and investors throughout their journey in Kedah. Our dedicated agencies, such as Invest Kedah Berhad, are here to provide assistance and facilitate a smooth investment process, starting from pre-investment all the way through to post-investment stages. We understand that challenges may arise, and rest assured, we stand ready to address any concerns and provide the necessary support.”

Dr. Liu Jincheng, in his speech, expressed his gratitude to the Malaysian Government, MITI and MIDA for their care and support for EVE. EVE places great importance to investing in Malaysia and firmly believes that this is a promising and potential market. “We hope to deepen the cooperation with Malaysia and partners in the future, and to make greater contributions to the energy revolution and the Earth. EVE will fully respect and abide by the regulations and laws of Malaysia. During the plant construction and management of operations, we will increasingly promote digital transformation and improve energy efficiency to achieve production development while protecting the environment.” said Dr. Liu.

Managing Director of Bosch Malaysia Klaus Landhaeusser congratulated on the signing ceremony of EVE’s Malaysia plant. “EVE has been Bosch’s focus supplier for lithium-ion cells since 2018. Their expansion plan into Malaysia fits well with our local-for-local strategy. We are confident that EVE as our trusted partner will bring greater flexibility and stability to cylindrical battery supply chain and we look forward to a continued and fruitful collaboration with EVE.” said Landhaeusser. With Bosch’s 100 years of establishment in Malaysia, he added that EVE has made the right choice for investing in Malaysia.

EVE was established in 2001 and listed in 2009. After 22 years of rapid development, the company has now become a multinational company focusing on lithium battery powering solutions. Offering core technologies and comprehensive solutions for consumer batteries, power batteries and energy storage batteries. EVE’s products are widely used in the areas of internet of things (IoT), the internet of energy and its lithium-ion batteries are supplied to global first-tier brands. The company has also become one of the top 10 companies in the world in terms of power battery installed capacity, working along with internationally renowned automakers such as BMW, Daimler, Hyundai and Jaguar Land Rover. Its global sales foundation footprint has expanded to the United States, Germany, Malaysia as well as other regions.

MIDA has approved 54 projects totaling RM22 billion in the EV and its related ecosystems from 2018 to 2022. The approved investments include the activity of EV assembly, manufacturing of EV parts and components and its charging components.

-ENDS-

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, TikTok and YouTube channel.

About EVE Energy Malaysia Sdn. Bhd.

EVE Energy Malaysia Sdn. Bhd. is wholly owned by EVE Energy Co., Ltd. through its subsidiary EVE Asia Co., Ltd. Relying on its domestic manufacturing advantages and operational experience, EVE will build a cylindrical battery production base in Malaysia to support the electric two wheelers and power tools manufacturing enterprises in Malaysia and Southeast Asia. This is an important milestone of EVE to expand global business, enhance its comprehensive competitiveness and global market share in the electric two wheeles vehicle and power tool market. The top management team places much focus in the project, and it will further enrich the global industrial layout of EVE.

Media Contacts

MIDA

Mr. Nazuki Abdullah
Director, Transportation Technology Division
Email: [email protected]
Tel.: +603-2267 6688

EVE Energy Malaysia Sdn. Bhd.

Mr. Joe Chan
Director
Email: [email protected]
Tel.: +852-2195 3966

EVE Energy Inks MoU to Setup International Cylindrical Battery Industrial Park in Malaysia


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Gamuda Land reveals Gamuda Gardens City Centre masterplan

PETALING JAYA, Selangor – Gamuda Land today hosted a ground-breaking ceremony for the country’s first Luge Activity Park by the renowned Queenstown-based leisure and entertainment operator Skyline Enterprises.

The ceremony, witnessed by Her Excellency Pam Dunn, New Zealand High Commissioner, Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer (DCEO) Investment Promotion and Facilitation of Malaysian Investment Development Authority (MIDA) and Catherine Rusby, New Zealand Trade Commissioner and officiated by Ngan Chee Meng, Chief Executive Officer of Gamuda Land and Chu Wai Lune, Chief Operating Officer of Gamuda Land alongside Geoff McDonald, Chief Executive Officer, Skyline Enterprises, took place at the township of Gamuda Gardens.

The milestone ceremony marks the beginning of construction of the Skyline Luge Activity Park which will open to the public by end of 2023.

“When we create a place, we create a personality. This is because people remember the places they grow up in, places where they create lasting memories. That is why our town-making comprises mindful placemaking to create great community places where people will experience the unique personality of our towns, get a feel for the place and want to be a part of it,” said Chu Wai Lune, Chief Operating Officer of Gamuda Land.

Chu added, “By harnessing our expertise in town-making and leveraging fruitful collaboration with like-minded partners such as Skyline Enterprises for our community placemaking, today’s ceremony demonstrates how we are able to create sustainable developments which can cater to the needs and wants of people, especially ones that are surrounded by nature with ample public spaces for the community.”

Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer (DCEO), Investment Promotion and Facilitation of MIDA said, “Skyline Enterprises’ decision to expand its business in Malaysia is a testament of our country’s growing positive business sentiment among the community of tourism investors. Tourism is the third-largest contributor from the services sector towards our GDP. This is due to the fact that Malaysia is one of the biggest ASEAN tourist attractions, drawing hundreds of thousands of tourists to some of the fascinating tourist destinations in Asia. In line with the National Tourism Policy 2020-2030, MIDA aims to harness the competitiveness of Malaysia’s tourism industry to attract high-value and innovative investments which empower local communities and achieve other socio-economic development objectives. MIDA will continue to facilitate and support Skyline Enterprise’s project implementation and its future expansion.”

Getting the places right to make the town work

“Skyline Enterprises is committed to growing our global operations, and we are excited to be bringing our fun-filled leisure experiences to Malaysia and to Gamuda Gardens. Gamuda Land’s development ethos is aligned to that of Skyline Enterprises in creating a sustainable future for the people and planet. The Skyline Luge Park in Gamuda Gardens will bring a different and exciting experience for our visitors. It is designed to work within the local terrain and will deliver an exciting ride from the top of the 40m elevated hill,” said Geoff McDonald, Chief Executive Officer, Skyline Enterprises.

Built on a 30,000 sqm site, the Luge Activity Park will be Skyline Enterprises fourth park in Asia with the others located in Singapore and Busan and Tong Yeong in South Korea. The park will feature the world’s first multi-cornered zipline and the country’s first ever ski lift ride.

A gravity-fuelled ride, the Skyline Luge experience is on a 600m purpose-built track with themed landscaping along the route providing an exhilarating experience for visitors. Whilst Skyline Skyride offers visitors a bird’s eye view of Gamuda Gardens and the beauty of the surrounding natural landscape, Skyline Ziplines will soar over the multi-cornered Luge tracks, for an adrenaline-pumping experience.

Gamuda Gardens City Centre – an integrated retail, leisure and commerce park

Keeping in line with targets set under Pillar 1 of the Gamuda Green Plan 2025: Sustainable Planning & Design for Construction, the 50-acre Gamuda Gardens City Centre is mindfully master-planned as an integrated retail, leisure and commerce park.

Designed with an interconnected inner courtyard space, surrounded by office buildings, residences towers and a 1-million sq. ft. regional retail-tainment mall anchored by the Luge activity park and a 50,000 sq. ft. Play Park, the masterplan emphasises bicycles over cars, with dedicated tree-lined, car-free, bicycles and pedestrian linear boulevards to encourage greener mobility around town.

“Malls have evolved to be more dynamic rather brick and mortar ones. The novel concept of a biophilic retail-tainment mall focuses on retail, al-fresco F&B and leisure activities set amidst an open-space layout that promotes better natural lighting and ventilation with good connection to nature. Keeping to the biophilic theme, we have also designed a linear park connecting the mall to the play places such as the Luge Activity Park and the Play Park, keeping everything seamlessly connected,” Chu explained.

By end of 2023, Skyline Luge Activity Park, the Play Park encompassing a good mix of wet and dry recreational rides, the linear boulevard flanked by open-air retail spaces on both sides will be ready to kick-start the vibrancy at Gamuda Gardens City Centre. Consequently, the mall will be opened in phases with tenants mix from F&B, retail, entertainment, supermarket and more supporting the community at Gamuda Gardens and its surrounding vicinity.

With a 10-year strategic blueprint in-place to make the Gamuda Gardens township into a full-fledge city to cater to the Northern corridor of the Klang Valley, Gamuda Gardens City Centre masterplan calls for an effective placemaking for quality public spaces that contributes to people’s health, happiness and well-being. These initiatives will complement the township’s residential and lifestyle components.

Gamuda Gardens is conveniently accessible via major routes including the North-South, LATAR and Guthrie Corridor Expressways and a mere 15-minutes from Kuala Lumpur.

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About Gamuda Land
Gamuda Land is the property arm of Gamuda Berhad – the monumental nation builder with a spectrum of experience and expertise in engineering, construction and infrastructure concessions based in Malaysia. Gamuda Land has over two decades of experience in developing townships, high-rise developments, country clubs and commercial real estates. Some of its high profile, award-winning projects in Malaysia include Horizon Hills, Kota Kemuning, Bandar Botanic, Jade Hills and Valencia among others; more notably, its international foothold is further strengthened by its overseas projects in Australia, Singapore and Vietnam respectively, some of which have also won numerous awards.

About Gamuda Gardens
Gamuda Gardens is an 810-acre development that ingeniously fuses lifestyle and nature in one township. Set amidst natural undulating terrain with rolling hills, where 5 cascading lakes to the 50-acre pet friendly Central Park. This township features mindful placemaking initiatives perfect for the entire family, including the Waterfront Village, Gardens Wellness, Adventure Playland, lookout points, and more. The upcoming Gamuda Gardens City Centre is a commercial and retail-tainment hub that will boost the township’s vibrancy to be the pulse of Klang Valley North.

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube.

For media enquiries, please contact:
Ryan Mok
Gamuda Land
[email protected]
019-657 2177

Kimmy Foo Kit Leng
Gamuda Land
[email protected]
012-991 2719

MIDA
Wahida Abdul Rahman (Ms.)
Director, Healthcare, Education and Hospitality Division, MIDA
E: +603-2267 6622
T: [email protected]

Malaysia’s First Luge Attraction Breaks Ground at Gamuda Gardens


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The Facility is aimed to acquire the abilities to develop a customer support system and establish a position as a global leader in the manufacturing and assembly of cutting-edge materials in the semiconductor manufacturing equipment field.

Kedah, May 18 2022 — Ferrotec Holdings Corporation, a global supplier of materials, components, and precision system solutions, has announced its establishment of the new manufacturing facility at Kulim Hi-Tech Park, Kedah, facilitated by the Malaysian Investment Development Authority (MIDA). The plant which will be undertaking electromechanical assembly and advanced material fabrication for semiconductor equipment is designed to meet customer needs while also expanding the Group’s business globally.

The plant is expected to kickstart its operation in 2023. With a total investment expected to exceed RM500 million and at a facility of more than 80,000 square feet, the project is anticipated to create approximately 250 high-value jobs for Malaysians. As a tier 1 company supplying to MNCs in semiconductor industry, the company has committed to provide trainings to Malaysian employees at the factories in Japan and the United States.

“Ferrotec’s decision on choosing Malaysia as a destination of choice for its high-tech manufacturing facility speaks volumes of our talent readiness, strength and capability of our manufacturing and business ecosystems. Indeed, Ferrotec’s presence in Malaysia will turbocharge our local talent development and strengthen our value proposition in the global supply chain,” said Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI).

He also stressed that Ferrotec’s investment will open up greater possibilities for other global companies in the industry to follow suit and invest in Malaysia. He added that this major investment is poised to realise Malaysia’s long-term aspiration of becoming a global manufacturing hub.

In 2021, the machinery and equipment (M&E) industry received 48 approved projects worth RM1.67 billion in investment from both foreign and domestic sources. These projects are expected to generate 2,500 employment opportunities, with about 56 per cent of employees in the managerial, technical and engineering related skills. The specialised M&E for specific industries sub-sector is the largest contributor of investment for 2021, with 16 projects totalling RM592 million approved.

“Ferrotec has seen increasing demand for our products and services in Asia. With this new production facility, we expect to provide expanded capacity, improve business continuity for critical activities, and most importantly, ensure that our customers do not experience disruptions to their supplies from us,” said Eiji Miyanaga, Chief Executive Officer (CEO) of Ferrotec (USA) Corporation.

Datuk Arham Abdul Rahman, CEO of MIDA concluded “It is encouraging to know that Ferrotec, who is the key supplier to a leading global front-end wafer fabrication equipment manufacturer has decided to establish a plant in Kulim, Kedah. With Malaysia’s attractive talent pool, positive investment environment, and diversified supply chain among others, I am optimistic that Ferrotec will benefit from the spillovers the nation has created and have more to offer to its global customers.”

To continue transforming the industry, the Malaysian government encourages investors to invest in state-of-the-art technologies that can support advanced manufacturing processes across supply chains.

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About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, YouTube and TikTok.

About Ferrotec

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

For more information, please contact:

Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division, MIDA
E: [email protected]
T: +603-2267 3628

Mr. Tom McKee
Marketing Communications Manager
E: [email protected]
T: +1 (408)-964-7700

Ferrotec Chooses Malaysia to Expand Manufacturing Capacity to Grow Its Global Business


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Kuala Lumpur, 11 May 2022 – Indium Corporation, a US-based global materials supplier to the electronics assembly and semiconductor packaging industries, announced its investment of RM250 million (USD57 million; BNM exchange rate USD1 = MYR 4.3845) today for its expansion in Malaysia with its new manufacturing facility for its advanced solder paste and engineered solder products set to be constructed in Penang.

The new Penang-based facility, which spans 37,500 square feet will manufacture finished products such as solder pastes, fluxes, and preforms. The facility is anticipated to commence operation in two (2) phases, with solder paste manufacturing by the end of 2022 and engineered materials manufacturing in 2023. The project is also anticipated to create 88 high-value new jobs.

This investment announcement coincides with the Trade and Investment Mission (TIM) to the USA led by YB. Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry (MITI), which included a meeting with Indium Corporation representatives in Washington DC.

In welcoming Indium Corporation’s announcement, Dato’ Seri Azmin said, “As the world gradually opens its international borders following the transition to endemicity, Indium’s move to establish presence in Malaysia cannot come at a more opportune time towards ramping up our economic recovery. This is particularly so towards furthering our strength in the electronics industry through the advancement of electronics materials solutions and its larger ecosystem. Indeed, this development provides a stepping stone for our local electronics industry, in line with our National Investment Aspirations (NIA) and Environmental, Social, and Governance (ESG) goals. It is exciting that Indium is currently planning to leverage on Malaysia’s capabilities in manufacturing operations and has expressed intentions to establish a R&D innovation lab and training facility, signifying its confidence in the local ecosystem and Malaysia’s high-skilled talent. We look forward to this strategic partnership with Indium with its high value-added activities for mutually benefitting outcomes.

Datuk Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) said “The establishment of Indium’s new production facility in Malaysia is a mark of confidence in the continuous sustainable growth of the Malaysian economy, particularly in the metal industry. Driven by our NIA and supported by Malaysia’s business-friendly policies, extensive infrastructure, robust support industries and talented workforce, MIDA continuously supports our investors in becoming prominent players within the global value chain, thereby strengthening our nation’s position as a global manufacturing hub, benefiting our local industry and people. Therefore, we are honoured that Indium, which supplies a crucial component within the value chain of our well-established electronics industry, has chosen to expand its presence here. We hope to see the company grow to greater heights in the years ahead.”

Indium Corporation’s President and Chief Operating Officer, Ross Berntson enthused, “Indium Corporation is proud to continue its more than 40-year history of doing business in Malaysia with this new manufacturing facility in Penang. Supported by Malaysia’s established supply chain ecosystem for the electronics industry, this new location will allow Indium Corporation to further improve lead times for deliveries while bringing us closer to our customers in the region. We’d also like to express our thanks to MIDA for their assistance with this project.”

Penang also houses the company’s Malaysia Tech Hub, a regional centre for the development of electronics assembly expertise and customer service, as well as a logistics and manufacturing support centre.

Indium Corporation produces a diverse range of solders and solder paste products engineered to provide a solution to new and emerging challenges in the printed circuit board assembly and semiconductor manufacturing market space. The following products will be manufactured at the new facility:

●    Solder Paste: Indium Corporation’s Indium8.9HF Solder Paste Series is an award-winning, best all-around halogen-free paste that delivers superior printing and voiding performance.

●    Thermal Interface Materials (TIMs): Indium Corporation is an industry leader in high-performance solder- and metal-based TIMs for a variety of applications.

●    Die-Attach/Power Semiconductor: Indium Corporation’s proven, innovative material solutions for die-attach and power semiconductor applications are designed to increase productivity, performance, and efficiencies.

The company serves a vast array of high-tech and critical application sectors including automotive, defence, mobile, medical, power module, and thermal management.

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About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, YouTube and TikTok.

About Indium Corporation

Indium Corporation® is a premier materials refiner, smelter, manufacturer, and supplier to the global electronics, semiconductor, thin-film, and thermal management markets. Products include solders and fluxes; brazes; thermal interface materials; sputtering targets; indium, gallium, germanium, and tin metals and inorganic compounds; and NanoFoil®. Founded in 1934, the company has global technical support and factories located in China, Germany, India, Malaysia, Singapore, South Korea, the United Kingdom, and the USA.

For more information about Indium Corporation, visit www.indium.com or email [email protected]. You can also follow our experts, From One Engineer To Another® (#FOETA), at www.linkedin.com/company/indium-corporation/ or @IndiumCorp.

For any further enquires, please contact:

Ms. Zakiah Sajidan

Director, Machinery & Metal Technology Division

MIDA

E: [email protected]

T: +603-2267 6769

Ms. Jingya Huang

Marketing Communications Manager

Indium Corporation

E: [email protected]

T: +1 (315) 381-4900

Indium Corporation Expands Presence In Malaysia With New Manufacturing Facility


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Penang, May 9, 2022 – SIMMTECH, a South Korea-based global leading manufacturer for semiconductor packaging substrate and HDI Printed Circuit Board (PCB), held the grand opening ceremony for its Malaysia-based subsidiary, SUSTIO Sdn. Bhd. in Batu Kawan Industrial Park, Penang. This new factory will be SIMMTECH’s first advanced manufacturing facility in Southeast Asia and the group’s eighth factory along with its other operations in Korea, China and Japan. SUSTIO’s factory in Penang will increase SIMMTECH’s total capacity of substrate and PCB by 20 per cent, which will immediately contribute to improve the semiconductor industry supply constraint situation which can aptly address the needs among the industry players.

The Chief Minister of Penang, the Honourable Mr. Chow Kon Yeow said “Penang is pleased to see an emergence of players along the semiconductor supply chain, enabling the State to reap a myriad of benefits from the increased robustness of its well-developed industrial ecosystem. Being the first major Korean investor from the semiconductor industry in Penang and a critical supplier for memory module PCB and substrate, the presence of SUSTIO is poised to bring greater opportunities for supply chain resiliency.”

“The State, via InvestPenang and other relevant state agencies, is committed in ensuring a versatile talent pool, supportive infrastructure and resilient industry clusters. These are among the imperatives for effective supply chain management and sustained competitiveness, all of which are believed to add value on SUSTIO’s operation in Penang,” Chow elaborated.

Ms. Lim Bee Vian, Deputy Chief Executive Officer (DCEO), Investment Development, of Malaysian Investment Development Authority (MIDA) remarked, “We would like to congratulate SUSTIO for the opening of the new factory in Batu Kawan Industrial Park. It is formidable to see more new foreign investors recognise Malaysia as an integrated global manufacturing hub for the electrical and electronics (E&E) industry and SUSTIO is one of them. It is indeed the right choice. Today’s event is a testament to Malaysia’s business and manufacturing ecosystem’s competitive edge and reputation as an ideal destination for global and regional business expansions. Through SUSTIO’s new substrate and PCB factory it could serve as an important link in driving the global E&E supply chain”.

“This project is expected to employ high-skilled workforce especially Malaysians in the field of engineering, manufacturing and quality management. The establishment of the plant will create greater opportunities for local companies through the vendor development programme in the areas of automation, supply of raw materials and quality control. This will also be a viable platform for collaboration with various local universities under the internship programme,” she added.

“We have already engaged with our key customers for the new site qualification programme and are expecting to start delivering mass volume of substrate and PCB products to the customers from the second half of this year,” said Mr. Jeffery Chun, the Managing Director of SIMMTECH SE ASIA.

“SUSTIO factory’s commencement is just in time for the new DRAM technology transition (DDR5). We will ramp up this new site mainly for our DRAM and NAND customers worldwide. We are very grateful to Malaysia’s Federal Government agency through MIDA and Penang state Government agency, InvestPenang, for their tireless support to our project. We couldn’t have navigated our project under the challenging environment without them” said Mr. Chun.

In May 2021, SUSTIO broke ground on an 18 acre site at Batu Kawan Industrial Park investing more than RM600 million. Despite the lock down, the practical construction work took only nine months to complete, and the factory is now fully equipped and ready to run mass production.

SUSTIO has already employed more than 700 workforce and it will reach its full employment of more than 1,000 employees by next year. The new Penang factory will deliver the first ‘Made in Malaysia’ semiconductor memory chip packaging substrate and module/SSD PCB, bolstering Malaysia’s semiconductor supply chain even further.

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About SIMMTECH

SIMMTECH is a business group from Korea, focusing on developing and manufacturing semiconductor packaging substrates and high value printed circuit boards. SIMMTECH was found in Korea 1987, currently listed 2 companies in KOSDAQ. SIMMTECH’s sales revenue recorded more than MYR 4 billion last year with around 4,000 employees around the world. SIMMTECH is the largest semiconductor packaging substrate and module/SSD PCB supplier in the memory chip industry and is the only manufacturer that supplies its products to all top 5 memory companies in the industry.

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About InvestPenang

InvestPenang is the Penang State Government’s principal agency for promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth 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 i4.0 seed fund (a catalyst for the startup ecosystem). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook ; LinkedIn.

For media enquiries, please contact:

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

InvestPenang
Yeoh Bit Kun / Ooi Phei Wen
E: [email protected] / [email protected]

SIMMTECH
Edwin Dudley
Planning Manager
T: +012 2630027 |
E: [email protected]

SIMMTECH to Deliver The First Made In Malaysia Memory Chip Packaging Substrate Through Its Malaysian Subsidiary Sustio Sdn. Bhd.


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Kuala Lumpur, 27 May 2021 – The Comet Group, a global leading innovative technology company, based in Switzerland with a focus on plasma control and X-ray technology, expanded their capacity with a new manufacturing site in Pulau Pinang, Malaysia. This important milestone looks to strengthen the Group’s presence in Asia to meet not only local demand but also future demand for their technologies from customers worldwide.

The project was approved by the Malaysian Investment Development Authority (MIDA) last year, for the manufacturing of integrated radio frequency (RF) power modules for front end semiconductor machinery.

Despite the challenges of COVID-19 restricting economic activities and movement, the Comet team was impressed with the ease and speed in implementing their Malaysian project. “I have been part of similar projects before, but I have never seen a team working so energetically and with such motivation to set up a new manufacturing site in record time”, said project leader, Mr. Stephan Runge, Vice President Global Operations.

The sentiment was also shared by Mr. Chai Huat Yeoh, General Manager, Penang, Malaysia, “It has been exciting to work in this highly collaborative team. Whether from the headquarters in Flamatt, San José or Shanghai or local team members in Malaysia, we have been working together on the same goal, to make this project in Pulau Pinang a success.”

The first RF matching networks were assembled on the production lines and released for manufacturing use in August 2020. Since the beginning of 2021, the manufacturing facility in Malaysia is also officially certified by the company’s customers and has successfully ramped up to high volume production in the last few months.

Mr Arham Abdul Rahman, Chief Executive Officer of MIDA, commented on the speedy implementation of Comet’s project. He also conveyed the Government’s assurance to investors in facilitating their investments, “The pandemic has somehow been a game-changer for all of us. However, taking it in stride, the PACU@MIDA or the Project Acceleration and Coordination Unit has been established as part of the PENJANA initiative to flow the nation back on the road to recovery. This team is taking up the challenge to provide professional support and assistance to our investors, enabling the efficient and timely realisation of approved projects in the country. We strongly urge all our stakeholders to fully leverage this Unit‘s network and expertise to get their projects off the ground.”

He added, “MIDA is pleased to see Comet tapping upon Malaysia’s well-connected and established semiconductor industry cluster in Pulau Pinang. Their presence here will undoubtedly be a welcomed addition, given their long standing reputation as a high-tech supplier that can deliver flexible, quick and reliable solutions, particularly Malaysia looking to develop our very own front-end semiconductor equipment ecosystem.”

Currently, the company is well supported by Malaysian talent, and it is expected that over time the company vision is to employ more Malaysian. Among the roles to be filled include the positions in engineering, plant and machinery operations and assembling as well as quality management.

On the path to revitalise the national economy, Malaysia is focused on attracting high quality investments into the country in line with the National Investment Aspirations (NIA). This framework bears the foundation for Malaysia to become a regional investment hub, by (1) increasing economic diversity and complexity through the development of sophisticated products and services, with high local Research and Development (R&D) and innovation; (2) creating high skill jobs to provide better income for its people; (3) expanding and integrate domestic linkages into regional and global supply chains, by improving their resiliency; (4) developing new and existing clusters focusing on high productivity sectors, including local products and services; and (5) improving inclusivity to contribute towards the socio-economic developmental agenda. Ultimately, the NIA looks to ensure Malaysia continues to remain competitive and serves as the epicentre for economic and business activities in the region.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About Comet Group

The Comet Group is a globally leading, innovative technology company based in Switzerland with a focus on plasma control and x-ray technology. With premium high-tech components and systems, we enable our customers to both enhance the quality of their products and make their manufacturing more efficient and eco-friendly. Our innovative solutions are in demand in the semiconductor and electronics market, the aerospace and automobile industry and in security inspection. Headquartered in Flamatt, Switzerland, the Comet Group has a presence in all world markets. We employ about 1,400 people worldwide, including approximately 500 in Switzerland. Besides production facilities in China, Denmark, Germany, Malaysia, Switzerland and the USA, we maintain various other subsidiaries in Canada , China, Japan, Korea, Taiwan and the USA. Comet (COTN) is listed on the SIX Swiss Exchange.

Media Contacts 

Manjit Kaur (Ms.)

Email: [email protected] | DL: +603-2267 3509

Ines Najorka (Ms.)

Email: [email protected] | DL: +41 31 744 99 96

The Comet Group’s Ramp-Up To Volume Production At New Site In Malaysia On Track


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Kuala Lumpur, 25 May 2021 — As an important step in Saint-Gobain’s strategy to surge developments in South East Asia, the Company has invested in a new plant to produce advanced solution for construction applications, including a large variety of mortars, waterproofing and construction chemicals solutions. Located on a 50,000m² land in Johor, the southern state of Malaysia, the factory, will be devoted to serve the Company’s growing Malaysian and Singaporean markets.

Saint-Gobain has been present in Malaysia for over 20 years. This new factory is the fifth (5th) industrial establishment of the Group in the country and the 28th in Southeast Asia. It is a testament to the confidence investors have in Malaysia and the region. The expansion in Asia-Pacific constitutes one of the top priorities for Saint-Gobain as a future regional manufacturing hub to support ASEAN countries and beyond.

Mr. Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), commended Saint-Gobain’s continual confidence in Malaysia. Commenting on the Company’s latest expansion in Malaysia, he said, “The COVID-19 pandemic has highlighted the need to accelerate the adoption of digital technologies to be applied in the manufacturing of products. Given that research and innovation are at the heart of Saint-Gobain’s strategy, we are excited to witness this latest undertaking here. We are confident that Saint-Gobain will further benefit from Malaysia’s strategic location, comprehensive global trade agreements, competitive cost of doing business, multi-facetted talent pool as well business friendly policies.”

This latest addition to Saint-Gobain’s footprints in Malaysia gathers the best of the Company’s technologies and manufacturing processes. This new plant is also designed to produce 3D printing solutions to support their pioneer positioning in this new market segment. The capacity of the plant is scalable for future demands.

Moreover, to reduce its carbon dioxide emissions and achieve carbon neutrality by 2050, the new plant will utilise natural gas with lower carbon dioxide emission. The Company is committed to continually seek out and invest in Industry 4.0, recycling, raw material and energy reduction to reach its desired goal.

Mr. Javier Gimeno, Senior Vice-President, CEO Saint-Gobain Asia-Pacific said: “This investment in Johor is a tangible proof of the long term commitment of Saint-Gobain with Malaysia and Southeast Asia. Indeed, we are convinced of the huge potential of development in these geographies whose markets are increasingly driven by innovation, technology, products’ performance and genuine respect of the environment. At Saint-Gobain we strive every day to excel in all these fields so that we can bring to our clients and the final users the best value proposition.”

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About Saint-Gobain  

Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change.

This strategy of responsible growth is guided by the Saint-Gobain purpose, “MAKING THE WORLD A BETTER HOME”, which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.

To learn more about Saint-Gobain

go to www.saint-gobain.cn

Media Contacts 

Manjit Kaur Balkar Singh (Ms)

Email: [email protected] | DL: +603-2267 3509

Anthony Lopez-M: [email protected]

Zhang Jieqi: [email protected]

Saint-Gobain Opens New Plant In Malaysia, Accelerates Its Development In Southeast Asia


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The Malaysian Investment Development Authority (MIDA) is partnering with the Industrial Technology Research Institute (ITRI), Taiwan through a Memorandum of Understanding (MoU) to encourage, facilitate and promote economic cooperation in the areas of trade, investments and Small & Medium Enterprise (SME) development, particularly in Smart Manufacturing & Industry 4.0, Internet-of-Things and Circular Economy

Kuala Lumpur, 7 May 2018 – The Malaysian Investment Development Authority (MIDA) is partnering with the Industrial Technology Research Institute (ITRI), Taiwan through a Memorandum of Understanding (MoU) to encourage, facilitate and promote economic cooperation in the areas of trade, investments and Small & Medium Enterprise (SME) development, particularly in Smart Manufacturing & Industry 4.0, Internet-of-Things and Circular Economy.

Dato’ Azman Mahmud, Chief Executive Officer of MIDA and Dr. Chang Pei Zen, Executive Vice President of ITRI witness the signing and exchange of the MoU between senior representatives of both organisations. This affirms the commitment of MIDA and ITRI to facilitate joint projects such as applied research activities, training programs, and attachment programs; exchange technical information and expertise in the research and development of industrial technology; assist technical upgrading of scientists and engineers; as well as to encourage more collaboration between industry and research institutes.

“Today’s MOU signing with ITRI Taiwan adds to MIDA’s on-going initiative to drive the country’s R&D activities and Industry 4.0 agenda. MIDA acts as a conduit by working with entities such as ITRI to bring together the industry and academia to create fresh and exciting collaborations. We are optimistic that this initiative with ITRI will increase of technology capabilities and capacities of our industries and lead to further investments in new and emerging technologies. It is more crucial now than ever for companies to reassess and realign their business strategies to adapt to the current challenges of doing business. Intensifying innovation through strategic collaborations in R&D activities is one of the key components that would enable businesses to remain competitive and sustainable,” said Dato’ Azman.

Malaysian industries stand to benefit from ITRI’s expertise and network with other research and technology institutes in Taiwan through collaborations in new technologies and applications such as artificial intelligence, big data analytics, machine learning, vision and sensing technology and others.

In the long run, this contributes to the country’s shift towards having more Industry 4.0, higher value-added & industry-driven research activities. It will also promote the development of a circular economy, whereby waste and leakages are reduced or phased out through careful product design and management as well as efficient business models. This will lead to a more sustainable and productive model for businesses and the economy.

Status of Industry 4.0 in Malaysia

With Malaysia’s strong manufacturing base and comprehensive ecosystems that have been built over the years, the country has many attractive value propositions to become the hub for high value added and Industry 4.0 activities in the region. In driving Industry 4.0 in Malaysia, MIDA aligns its efforts with the 11th Malaysia Plan (11MP) which places emphasis on developing the information and communications technology industry, whereby smart manufacturing is among the focus areas.

In addition to the 11MP’s targeted industries of three catalytic subsectors of Electrical & Electronics, Machinery & Equipment and Chemicals as well as the two growth subsectors of Aerospace and Medical Devices, other focus areas include resource-based, healthcare and life-science industries, regional/global establishments, logistics, the ecosystem surrounding e-commerce and green technology. The manufacturing and related services sector will benefit from the country’s shift towards Industry 4.0 through improving productivity, strengthening the innovation capacity and capability, and development of a higher skilled workforce.

The Government has introduced various initiatives to drive industry 4.0. These include drafting of National Industry 4.0 Policy Framework, which is expected to be announced in the first half of 2018; establishing a high-level task force chaired by Secretary-General of MITI to spearhead the Government’s policy and strategy on Industry 4.0; and an industrial study on “Future of Manufacturing: Industry 3+2” by MIDA, which is expected to underscore the way forward for these industries vis-à-vis Industry 4.0.

MIDA, as the principal investment promotion agency of the country has been aggressively promoting investments in R&D for many years. The agency continues to step up our efforts to drive stronger R&D linkages between the industry, universities and research institutions. As to date, MIDA has approved 182 R&D projects with total investments of RM2.87 billion. These comprise of 76 Contract R&D, 58 In-House R&D, 30 approved R&D companies and 18 R&D Status companies. These R&D projects have brought innovative technologies to the industries in Malaysia. Notable projects include the service on tele-radiology in tele-medicine for the healthcare sector, formulation of active pharmaceutical ingredient for generic pharmaceutical, and the development of integrated nano-layered stretch films for industrial packaging materials.

MIDA has also awarded five R&D Status university-linked companies, which is a tax efficient way to invest in R&D activity. The five universities are Management and Science University (MSU), University Tenaga Nasional (UNITEN), The University of Nottingham Malaysia Campus (UNMC), University Malaysia Perlis (UniMAP) and Monash University Malaysia.

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About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 23 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook.

For further information, please contact:-

Mr. Jeyasigan Nair

Director, Advanced Technology and R&D Division

MIDA HQ, KL Sentral, Kuala Lumpur, Malaysia

Tel.: +603-2267 6711 | Email: [email protected]

Mr. Nelson Samuel

Director, Foreign Investment Promotion Division

MIDA HQ, KL Sentral, Kuala Lumpur, Malaysia

Tel.: +603-2267 3787 | Email: [email protected]

About Industrial Technology Research Institute (ITRI)

Founded in 1973, Industrial Technology Research Institute (ITRI) has played a vital role in transforming Taiwan’s industries from labour-intensive into innovation-driven. Over the years, ITRI has incubated over 270 innovative companies, including well-known names such as UMC and TSMC.

ITRI continues to seek strategic collaborative partners from around the world. Key partners include Corning Glass, Underwriters Laboratories, and Applied Materials of the United States; Asahi Kasei, Nidec, and AIST of Japan; Evonik, Heraeus, and Fraunhofer of Germany; TNO of the Netherlands; VTT of Finland; Ericsson of Sweden; and NRC of Canada.

With international partners and overseas offices in Silicon Valley, Tokyo, Berlin, Moscow and Eindhoven, ITRI is able to remain globally competitive and connected. Its efforts in technological innovations have been recognized by prestigious honors such as the Wall Street Journal’s Technology Innovation Awards and R&D 100 Awards and 2017 Clarivate Analytics Top 100 Global Innovator.

For further information, please contact:-

Mr. Chin Liang, Shee

ITRI International Center

Tel.: +886 3 591 3500 | Email: [email protected]

Download:

Welcome Remarks by CEO of MIDA – MoU MIDA ITRI

Posted on : 07 May 2018

MIDA-ITRI Taiwan MoU, Driving Malaysia Towards Industry 4.0


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SEMICON Southeast Asia, the region’s premier gathering of the global electronics manufacturing supply chain, today opened it’s 22-24 May exposition, for the first time in Kuala Lumpur, showcasing IoT, smart manufacturing, autonomous driving, virtual reality (VR), and other smart technologies. Themed “Think Smart Make Smart,” SEMICON Southeast Asia 2018 brings together industry experts from around the world for critical insights into the semiconductor ecosystem, new business opportunities and collaboration.

KUALA LUMPUR – May 22, 2018 – SEMICON Southeast Asia,
the region’s premier gathering of the global electronics manufacturing supply
chain, today opened it’s 22-24 May exposition, for the first time in Kuala
Lumpur, showcasing IoT, smart manufacturing, autonomous driving, virtual
reality (VR), and other smart technologies. Themed “Think Smart Make Smart,”
SEMICON Southeast Asia 2018 brings together industry experts from around the
world for critical insights into the semiconductor ecosystem, new business
opportunities and collaboration.

Speaking
at the opening ceremony, Ng Kai Fai,
President of SEMI Southeast Asia said that the show’s debut in Kuala Lumpur
underscores the significance of the Electrical and Electronics (E&E)
segment’s economic contribution to Malaysia. The show’s debut in Kuala Lumpur endeavours to bridge Malaysia’s three
(3) important electronics clusters while at the same time, serve as a central
connection point to the rest of Southeast Asia’s electronics manufacturing
supply chain. “With the rapid proliferation of digital technology across a
multitude of applications market namely; Industrial IoT, Communications, Data
Processing, Automotive and Consumer Electronics, Southeast Asia electronics
manufacturing especially Malaysia, Singapore, Thailand, Vietnam and Philippines
will continue to expand the semiconductor market share and growth.”

Being a partner to SEMI for SEMICON Southeast Asia
2018 for the 4th year in a row, the CEO of the Malaysian Investment Development Authority (MIDA), Dato’
Azman Mahmud said, “The E&E industry has always been a primary engine
of growth due to its strong inter-linkages to other sub-sectors. Through
platforms like SEMICON, we seek to continuously foster a resilient and robust
E&E manufacturing supply chain in Southeast Asia. Having a strong
industrial base, Malaysia is moving towards becoming a state-of-the-art
manufacturing center that is capable of providing total supply chain solutions.
We want to become a regional hub for design and development, high value
products and activities, and ultimately, the leading location of choice for FDI
and growth of local industry.”

SEMICON Southeast Asia 2018 is expected to draw more
than 8,000 visitors, an all-time event record, to the new Malaysia
International Trade & Exhibition Centre (MITEC). The three-day event
features three themed pavilions, four global pavilions, and inspiring keynote
presentations and a host of technology forums to address key issues in the
electronics manufacturing supply chain.

The World of IoT pavilion highlights SEMICON Southeast
Asia 2018 with applications and technologies enabling the IoT revolution. This
interactive experience features semiconductor innovations powering autonomous driving,
smart AI devices, VR and other leading-edge technologies. Start-ups demonstrating
pioneering and disruptive products and applications also highlight the
pavilion. Two other themed pavilions focus on Smart Manufacturing and Future
Electronics Manufacturing Services (EMS).

To address the critical industry shortage of skilled
workers, the SEMICON Southeast Asia University Program and Electronics Talent
Career Fair bring together some of the world’s most influential companies
including Applied Materials, Intel, LAM
Research and Globalfoundries with potential workers for new employment
opportunities.

SEMICON Southeast Asia highlights also include the
popular Supplier Search Programme, business-matching sessions, industry VIP
networking, and the Southeast Asia Investment Forum (SAIF). This year SAIF hosts
Malaysia and Vietnam as they share roadmaps and explore collaborative investments
in the global supply chain.

SEMICON Southeast Asia 2018 sponsors include 3M, Advantest, Air Products, AMEC, Amkor Technology, Applied
Materials, ASE Group, ASM Technologies, Evatec,
Festo, GLOBALFOUNDRIES, Hitachi High-Technologies, KLA-Tencor,
Kulicke & Soffa, Lam Research, Mi EQUIPMENT, National Instruments, Rudolph
Technologies, SCREEN Semiconductor Solutions, SPTS Technologies, TF AMD Microelectronics, Tokyo
Electron, TORAY and Carl Zeiss Pte Ltd. Supporting partners
include Malaysia Investment & Development Authority, Malaysia External Trade
Development Corporation, Ministry of International Trade and Industry,
Ministry of Tourism and Culture Malaysia, Malaysia Convention & Exhibition
Bureau, Malaysia Automotive Institute, Malaysia Productivity Corporation, Malaysian
Industrial Development Finance Berhad, SME Bank, SME
Corporation Malaysia, The Institution of Engineers Malaysia, INTI International
University & Colleges, InvestPenang, Semiconductor
Fabrication Association of Malaysia,
Small And Medium Enterprises Association, Surface
Mount Technology Association, Singapore Manufacturing Federation and Saigon
Hi-Tech Park.

About SEMI

SEMI® connects over 2,000 member companies and
1.3 million professionals worldwide to advance the technology
and business of electronics manufacturing. SEMI members are responsible for the
innovations in materials, design, equipment, software, devices, and services
that enable smarter, faster, more powerful, and more affordable electronic
products. FlexTech, the Fab Owners Alliance (FOA) and
the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic
Association Partners, defined communities within SEMI focused on
specific technologies. Since 1970, SEMI has built connections that have
helped its members prosper, create new markets, and address common industry
challenges together. SEMI maintains offices in Bangalore, Berlin,
Brussels, Grenoble, Hsinchu, Seoul, Shanghai, Silicon Valley (Milpitas,
Calif.), Singapore, Tokyo, and Washington, D.C. For more information,
visit www.semi.org and follow SEMI on LinkedIn and Twitter.

This
news release is issued on behalf of

SEMI
by Acendus Communications Sdn Bhd

For
further enquiries, please contact Michael Poh at 012 395 5202 or

Reshvinder
Kaur at 017 275 7985

 

Largest Ever SEMICON Southeast Asia Showcases Smart Technologies


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Ministry of International Trade and Industry officiates regional showcase on the electronics manufacturing supply chain

KUALA LUMPUR – May 7, 2019 – Dr. Ong Kian Ming, the Deputy Minister of International Trade & Industry, officiated the opening of SEMICON Southeast Asia 2019, an annual gathering of the global electronics manufacturing supply chain, today. Held for the second year in Kuala Lumpur, and fifth time in Malaysia, the showcase with the theme ‘Fostering a Resilient and Growing Electronics Manufacturing Supply Chain in South East Asia’ brings together industry experts from around the world for critical insights into the semiconductor ecosystem, new business opportunities and collaboration.

Speaking at the opening ceremony, Ajit Manocha, CEO of SEMI said thatSEMICON Southeast Asia 2019underscores the significance of the Electrical and Electronics (E&E) segment’s economic contribution to Malaysia. “The showcase aims to bridge Malaysia’s three important electronics clusters while at the same time, serve as a central connection point to the rest of Southeast Asia’s electronics manufacturing supply chain. With the rapid proliferation of digital technology across a multitude of applications market, Southeast Asia electronics manufacturing especially Malaysia, Singapore, Thailand, Vietnam and the Philippines will continue to expand the semiconductor market share and growth.”

“A strong manufacturing sector would pave the way to enhancing productivity, job creation, innovation capacity, high-skilled talent development and ultimately economic prosperity and societal well-being. Hence, given Malaysia’s strong manufacturing base built over the years and on-going Industry4WRDinitiatives, the country is well positioned to be a primary destination for smart manufacturing and a location for more high-tech activities.” said Dr. Ong Kian Ming. He also shared that the approved investments in the electrical and electronics industry by MIDA has increased from RM9.7 billion in 2017 to RM11.2 billion in 2018, which is an encouraging sign despite the slowing global technology cycle and global trade tensions. It is a healthy indication that Malaysia’s economy is moving in the right direction.

“The Malaysian Investment Development Authority (MIDA) is once again pleased to collaborate with SEMI for the organisation of SEMICON SEA 2019 in Malaysia. This year, we have with us 16 companies at the Malaysia Pavilion representing various activities and products in the electronics value chain and ecosystem. We want to connect with more companies and foster strategic collaborations in the tech space. The country is continuously building on its strengths and capitalising on megatrends to move up the value chain. Therefore, Malaysia is indeed a competitive destination for businesses to grow,” said Dato’ Azman Mahmud, Chief Executive Officer of MIDA.

SEMICON Southeast Asia 2019 is expected to draw more than 9,000 visitors, an all-time event record, to the new Malaysia International Trade & Exhibition Centre (MITEC). The three-day event (7-9 May 2019) features three themed pavilions, five global pavilions, inspiring keynote presentations and a host of technology forums to address key trends and issues in the electronics manufacturing supply chain.

For the first time, SEMICON Southeast Asia 2019 will be showcasing a live, fully-fledged smart factory at its Smart Manufacturing Pavilion, allowing delegates to walk through the entire end-to-end microelectronics supply chain. Each component along the smart factory multi-step line will be displayed, virtually and with actual equipment on the floor, from design and materials through front-end patterning, packaging and test to final board and system assembly. There will also be subject matter experts in attendance as well as a unique AR (augmented reality) interactive human-machine interface for delegates to experience.

The showcase will also address the critical industry shortage of skilled workers in the industry at the Workforce & Talent Development Pavilion. A career fair specifically for the E&E industry will be held on 8 & 9 May 2019, with over 200 vacancies by 20 key high technology MNC companies.

At the World of IoT Pavilion, companies from across the region will demonstrate technologies that enable smart lifestyles as start-ups showcase pioneering and disruptive products and applications powered by IoT (Internet-of-Things).

SEMICON Southeast Asia 2019 highlights also include the popular Supplier Search Programme, World of IoT fund pitching and business-matching sessions, industry VIP networking, and the Southeast Asia Investment Forum (SAIF).

SEMICON Southeast Asia 2019 is strongly supported by Malaysia Convention & Exhibition Bureau (MyCEB), an agency under the Ministry of Tourism, Arts and Culture Malaysia. MyCEB serves as a central hub to assist meeting and event planners to bid and stage international business events in Malaysia and act as a conduit for national product development to all local as well as international organisers. Business events is a catalyst for socio-economic growth and helps to elevate the lives of the professional and local communities in Malaysia.

SEMICON Southeast Asia 2019 Strategic Partners:

Ministry of International Trade and Industry (MITI)

Malaysian Investment Development Authority (MIDA)

Supporting Partners:

Malaysia External Trade Development Corporation (MATRADE)

Malaysia Productivity Corporation (MPC)

Malaysian Industrial Development Finance (MIDF)

Malaysia Automotive Robotics and IoT Institute (MARII)

Standard and Industrial Research Institute of Malaysia (SIRIM)

Malaysian Institute of Microelectronic Systems (MIMOS)

Export-Import Bank of Malaysia Berhad (EXIM Bank)

Department of Standards Malaysia

InvestKL Malaysia

Invest Penang Malaysia

Malaysia Convention & Exhibition Bureau (MyCEB)

Ministry of Tourism, Arts and Culture

Semiconductor and Electronics Industries in the Philippines (SEIPI)

Singapore Manufacturing Federation (SMF)

Silicon Saxony

DreamCatcher

Semiconductor Fabrication Association of Malaysia (SFAM)

Human Resources Development Fund (HRDF)

Saigon Hi-Tech Park (SHTP)

Sponsors:

ADLINK Technology Singapore Pte Ltd Advantest

AMEC International ASE Group

ASM Technologie Applied Materials

Carl Zeiss Pte Ltd Cimetrix®

Cohu Edwards Vacuum

Evatec GLOBALFOUNDRIES

IntelHewlett Packard Enterprise

INFICONHitachi High-Technologies

Hiwin Singapore Pte LtdISC Co., Ltd.

Kanken TechnoKLA Corporation

Kulicke & Soffa Kx

Lam Research National Instruments

Mi EQUIPMENT OMRON

PTW Asia Rudolph Technologies

SCREEN Siemens Malaysia

SPTS Technologies TIBCO Software Inc.

Tokyo Electron UPS

ViTrox Corporation Berhad

About SEMI

SEMI® connects more than 2,260 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Visit www.semi.orgtolearnmore, contact one of our worldwide offices,and connect with SEMI on LinkedIn and Twitter.

About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook, @OfficialMIDA.

For more information, please contact:

Puan Azlina Hamdan

Director, Electrical and Electronics Division, MIDA

Tel.: 03-2267 3791 | Email: [email protected]

Posted on : 07 May 2019

Smart Manufacturing Takes Centre Stage at Semicon Southeast Asia 2019


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PORT KLANG, Malaysia, May 3, 2019 – C. Steinweg Logistics (Malaysia) Sdn. Bhd., a fully owned subsidiary of C. Steinweg Warehousing (F.E.) Pte Ltd and a member of C. Steinweg Group, today announced the Grand Opening of its Port Klang Natural Resources & Commodities Hub. Port Klang will be Steinweg’s second owned-and-operated London Metal Exchange (LME) Delivery Point in Malaysia, after Johor Port Terminal 2, and the country’s first European-Standard Chemical Warehouse in the Klang Valley.

On the LME, the world’s premier non-ferrous metals market which handles more than 80% of the base metals transacted globally, C. Steinweg is a leading player, running close to 200 warehouses in 17 regional hubs. Known as the industry pioneer, Steinweg has a track record of being the first operator in many important trading hubs around theworld.

In Malaysia, C. Steinweg was one of the first LME operators to operate in Johor Port Terminal 1 (since 2004) and Port Klang Free Zone (since 2009). In November 2018, Steinweg was again the first LME operator to list its own built-and-operated warehouse in Johor Port Terminal 2.

“Today’s opening of C. Steinweg’s Natural Resources & Commodities Hub in Port Klang will further cement our leading advantage as an LME warehouse operator. While metals and minerals form a key part of our business, agricultural soft commodities is another big pillar especially for our Southeast Asia markets,” said Mr Ulf Boll, Global CEO, C. Steinweg Group. “We are also growing a name in handling packed hazardous and non-hazardous chemicals following the highest industrystandards.”

“Our chemical footprints have expanded from Rotterdam to China, South Korea, Middle East, South Africa, Turkey and other European countries in the past decades; now our goal is to meet the strong growth in chemical logistics needs in Asia-Pacific region, namely Malaysia, Vietnam and other ASEAN countries”, added MrBoll.

Widely expected to be the first-of-its-kind in Port Klang, Steinweg’s Natural Resources & Commodities Hub will tap into rising demand for safe, efficient and internationally compliant chemical warehouse in the fast growing Port Klang area. Besides warehousing and distribution, customers can also look forward to the convenience of one-stop value-add services such as repacking of chemicals and plastics, enabling them to maximise and localise their supply chain to serve regional markets via Malaysia. Many of Steinweg Group’s existing customers have warmly welcomed the move.

In acknowledging this high value-added investment, Mr. Arham Abdul Rahman, Deputy Chief Executive Officer I of Malaysian Investment Development Authority (MIDA) said, “The expansion by Steinweg Group speaks volumes about the existing strengths and future potential of Malaysia from a market demand perspective and the ease of doing business. We have worked with Steinweg since 2014 to bring this project forward, from feasibility study stage to execution. We are pleased that those engagements have now come to fruition. Steinweg has made Malaysia as its strategic base for chemical logistics hub in ASEAN. We are pleased that the company has found many young talents to work in both their facilities in Johor and Port Klang. Malaysian employees will benefit from the comprehensive training programmes provided by Steinweg where they will be trained and coached by the company’s Centres of Excellence in Rotterdam, Singapore and Shanghai. These will enhance the capabilities of our local talents to compete at the global level.”

“It is an exciting news that Steinweg has opened a new facility in Malaysia. In China, BASF has cooperated with Steinweg for many years. Safety and compliance are our top priorities and we look forward to building our relationship further to provide better services to our customers,” said Mr Jeff Xu, Regional Category Buyer, Logistics Procurement Asia Pacific, BASF.

“Steinweg has been an important supplier for Eastman Chemical Company in the Netherlands for over 40 years, and more recently in Dubai, South Africa, China, and Korea,” said Derek Teo, Manager, Asia Pacific Logistics, Eastman Chemical Company. “Eastman values their collaboration as we focus on delivering a superior experience for our customers.”

Steinweg’s Initial Investment Amount in Port Klang Free Zone is estimated at RM 168 mil for Phase 1 to develop an area of 610,000 sqft in which covered warehouse building of 270,000 sqft, generating up to 70 direct and indirect jobs. The Company expects Phase 2 of remaining 538,000 sf to be developed soon given the positive feedback from the market.

About C.Steinweg

C. Steinweg is one of the world’s leading warehousing and logistics service providers, with a long heritage of expertise in the commodity trade from our founding in 1847. In the last 172 years, our company has grown from its origins in Rotterdam to a vast network of 110 offices across the world.

A major expansion phase began in the 1960s when C. Steinweg made inroads into other parts of Western Europe, followed by Asia and the Americas (1980s), then the Middle East, Africa, Eastern Europe and Russia/Baltic region (1990s onwards). We are now a truly multinational company with close to 7 Million m2 of space and 20 km length of quay, handling over 25 million metric tons of various commoditiesannually.

Media Contact

Hannah Nguyen [email protected]28 Jurong Port Road, Singapore 619113

Tel: +65-62670914

 

Posted on : 03 May 2019

C. Steinweg Launches Integrated Commodities Hub and Malaysia’s First European-Standard Chemical Warehouse In Port Klang


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Penang has consistently ranked among the top investment destinations in the country over the last five decades. As of 2018, MIDA approved a total of 4,084 manufacturing projects with investments worth RM129.1 billion for Penang.

16 May 2019, Kuala Lumpur – Penang has consistently ranked among the top investment destinations in the country over the last five decades. As of 2018, MIDA approved a total of 4,084 manufacturing projects with investments worth RM129.1 billion for Penang. These projects have created over 516,600 job opportunities, mainly in electrical and electronics products, basic metal products, scientific and measuring equipment, machinery and equipment and transport equipment. Approved foreign investments in the manufacturing sector totalled RM90.4 billion, accounting for 70 per cent of total investments approved for the State, while domestic investments assuming the remaining 30 per cent or RM 38.7 billion. Last year alone, a total of 108 manufacturing projects to be located in Penang worth RM5.8 billion were approved by MIDA.

“Since the arrival of the eight pioneer foreign companies also known as the ‘8 Samurais’ in Penang, in the 1970s, the state continues to have a strong presence of MNCs and Large Local Corporations (LLCs). Companies such as WD Media (Malaysia), Intel Technology, Jabil Circuits, B Braun Medical Industries, Osram Opto Semiconductor, HP Malaysia, Vitrox Technologies, Inari Group, Southern Steel, and DSEM System Technology hold much promise for business collaborations and opportunities,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer (DCEO) of MIDA during the MIDA Invest Series: Unfolding States’ Business Potential held yesterday at the MIDA Headquarters.

The Invest Series event which highlighted the comparative and competitive advantages of investing in Penang featured a presentation by YBhg. Dato’ Seri Lee Kah Choon, Special Investment Advisor to Chief Minister of Penang. The event attracted over 250 participants ranging from embassies, business chambers and associations as well as industry players from the services and manufacturing sector.

During the event, Mr. Arham also highlighted the programmes introduced by the Ministry of International Trade and Industry as follows:

  • i.The Readiness Assessment programme whereby up to 500 qualified SMEs can be part of the programme for free;
  • ii.A loan guarantee programme for companies to invest in automation and modernisation;
  • iii.The double tax deduction initiative to improve the employability of graduates and Industry 4.0 related skill competencies,
  • iv.The Industry 4WRD Vendor Development Programmes.

“MIDA currently facilitates Industry 4.0 related investments through schemes such as Tax Incentives, Domestic Investment Strategic Fund (DISF), Automation Capital Allowance (Automation CA) and High Impact Fund (HIF). Multiple engagements with the business community are currently undertaken to highlight the opportunities that are available for companies,” said En. Arham.

The Deputy CEO of MIDA also said that taking into account that the various incentives and grants currently provided by the Government are insufficient to address the need of local companies, MIDA has established a dedicated team under the Investment Coordination Platform or ICP to assist local companies or SMEs to grow their businesses and investment portfolio. The ICP team works closely with equity and venture capital firms, corporate finance advisory firms, government agencies as well as local regulators and technology providers.

.******

About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook, @OfficialMIDA.

For more information, please contact:

Mr Sikh Shamsul Sikh Abdul Majid

Director

Domestic Investment & Supply Chain Division, MIDA

Tel.: 03 2267 3766

Email: [email protected]

Download:

Speech By DCEO I of MIDA_MIDA Invest Series_Penang

Slide Presentation by investPenang

Posted on : 16 May 2019

Penang Attracts Rm129.1 Billion Worth of Approved Investments in the Manufacturing Sector as At 2018


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Moving forward, the team will engage and strategise various action plans covering promotional activities and engagements with relevant stakeholders including domestic industries.

Following the signing of the Memorandum of Understanding (MoU) between the Malaysian Investment Development Authority (MIDA) and China Communications Construction Company Ltd. (CCCC) on 25 April 2019 in Beijing, witnessed by YAB Tun Dr. Mahathir Mohamed, Prime Minister of Malaysia and His Excellency Li Keqiang, Premier of the State Council of the People’s Republic of China, a dedicated team within MIDA has been established to facilitate, evaluate and review the implementation of the Economic Accelerator Projects (EAP) along theEast Coast Railway Link (ECRL) corridor.

Moving forward, the team will engage and strategise various action plans covering promotional activities and engagements with relevant stakeholders including domestic industries.

These catalytic projects will create a wide spectrum of business and job opportunities including the development of industrial parks, logistics hub and transit-oriented development along the ECRL corridor.

The ECRL project, which will form the East-West rail transport network is designed to stimulate the commercial, logistic, import & export, as well as tourism development activities along the proposed alignment. With the inflows of Foreign Direct Investment (FDI) & Domestic Investment (DI) and potential growth for industrial, commercial and tourism sectors, the railway will contribute towards bridging the development gap between the east and west coasts of Peninsular Malaysia.

MIDA together with CCCC will promote the EAP to maximise its success potential and invite local and international investors to invest in the projects. Both parties will also undertake cooperation and capacity building activities to encourage the industrial and business communities to organise or participate in dialogues, workshops, seminars and conferences; technical assistance to promote and facilitate capacity building and training; the sharing of best practices.

MIDA will provide information regarding the implementation of EAP from time to time.

**********************************

For more information, please contact:

En. Farez Amha Abdullah

Senior Deputy Director, ECRL Unit, MIDA

Tel.: 03-2267 3462

Email: [email protected]

ABOUT MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook, @OfficialMIDA.

Posted on : 15 May 2019

MIDA Establishes Dedicated Team to Promote The Development of Industrial Parks, Infrastructure, Logistics Hub and Transit-Oriented Developments Along ECRL Project


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MIDA will continue its operations physically at its headquarters on 6 May 2020 following the ease of the Movement Control Order restrictions as announced by YAB Tan Sri Muhyiddin Yassin, Prime Minister of Malaysia on 1 May 2020. While MIDA officials continue to work from home, up to 50% of its workforce will return to its headquarters on 6 May to better assist businesses in their operations.

5 May 2020, Kuala Lumpur – MIDA will continue its operations physically at its headquarters on 6 May 2020 following the ease of the Movement Control Order restrictions as announced by YAB Tan Sri Muhyiddin Yassin, Prime Minister of Malaysia on 1 May 2020. While MIDA officials continue to work from home, up to 50% of its workforce will return to its headquarters on 6 May to better assist businesses in their operations.

The visiting hours, including visitors to the Immigration Unit at MIDA during Ramadan month will be from 9.30 am to 1.00 pm and 1.30 pm to 4.00 pm. Visitors are encouraged to make prior appointments. All visitors will have to abide by the Standard Operating Procedure (SOP) set by MIDA, including temperature checks, safe distancing and the use of face masks and hand sanitiser. MIDA continues to prioritise on containing the spread of the COVID-19 virus by keeping all its staff as safe as possible while minimising disruptions to its services and the operations of businesses. In view of this, stakeholders are encouraged to leverage on various technology tools available for remote communications or virtual meetings such as video conferencing and conference calls. MIDA also encourages the delivery of documents by mail or courier service to reduce physical contact at the premises. 

MIDA officials, particularly the Directors and Deputy Directors can be easily contacted through their respective emails at www.mida.gov.my or through [email protected]. For further updates, please visit www.mida.gov.my or follow MIDA on social media platforms namely Twitter, Instagram, Facebook and LinkedIn. 

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ABOUT MIDA 

MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. 

For more information, please contact: 

Ms Zalina Zainol Director, 

Corporate Communications Division, MIDA 

Tel.: 03-2263 2437 | Email: [email protected]

MIDA HQ Opens Doors on 6 May 2020 to Better Serve Investors and Businesses

Posted on : 05 May 2020

MIDA HQ Opens Doors on 6 May 2020 to Better Serve Investors and Businesses


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