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

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

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

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

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

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

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

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

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

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

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

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

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

Media Contacts

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

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

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

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

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

SEMICON Southeast Asia 2024 to Drive Investment Opportunities for Malaysia

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

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

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

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

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

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

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

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

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

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

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

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

For media enquiries:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

For more information, please contact:     

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

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

Sandvik Celebrates Inauguration of New Load And Haul Factory in Malaysia

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

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

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

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

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

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

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About MIDA 

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

About Panduit 

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

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

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

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

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About MIDA

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

About InvestPerak, MALAYSIA

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

ABOUT SMART ASIA CHEMICAL BHD (“SMART ASIA”)

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

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

For more information, please contact:

MIDA

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

InvestPerak, MALAYSIA

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

Esente Advisory Sdn. Bhd.

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

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

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

A Pivotal Action Towards Empowering Malaysia’s Energy Transition

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

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

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

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

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

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

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

*****

About MIDA

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

About LONGi

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

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

Untuk pertanyaan media, sila hubungi:

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

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

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

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

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

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

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

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

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

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

*****

About MIDA

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

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

-END-

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

For more information, please contact:

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

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

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

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

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

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

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

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

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

*****

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

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

Media Contacts

MIDA

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

CKD Corporation

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

Completion of Acquisition of Property For New Plant In Malaysia

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

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

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

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

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

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

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

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

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

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

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

Notable projects approved within the services sector include:

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

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

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

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

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

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

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

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

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

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

Primary Sector Attracts RM2.2 Billion Investments and Promising Opportunities

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

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

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

Thriving Pipeline and Lead Projects Reflect Investor Confidence in Malaysia

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

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

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

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

END

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

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

Malaysia Maintains Its Status as a Preferred Investment Hub

• 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

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

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

• Roundtable discussion on investment opportunities in Southeast Asia

• 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

18 May 2023, Marang, Terengganu – A momentous groundbreaking ceremony took place in Mukim Merchang on 16^th 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.

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

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

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

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

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

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

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.

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

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 (5^th) industrial establishment of the Group in the country and the 28^th 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