Johor, Malaysia, 29 October 2025 — OTS Holdings Limited (“OTS Holdings” or the “Company”, and together with its subsidiaries, the “Group”), a brand builder and food manufacturing group announces the grand opening of its new advanced food manufacturing facility located at Simpang Renggam, Johor.

The RM40 million investment in the halal-certified facility, equipped with advanced F&B machinery and automation systems, positions the Group to significantly expand its market reach. The facility will increase monthly production capacity to 200 tonnes —tripling the current Singapore halal production output of 60 tonnes.

The event on 28 October 2025 was graced by Yang Berhormat Tuan Lee Ting Han, Chairman of the Johor State Investment, Trade, Consumer Affairs and Human Resources Committee, along with representatives from the Malaysian Investment Development Authority (MIDA), Enterprise Singapore, the Singapore Business Federation, the Johor State Islamic Religious Department, as well as representatives from banking institutions, partners, and business associates.

Backed by advanced production capabilities and in-house R&D expertise, the Group has undertaken extensive renovation and upgrading works, since acquiring the property for RM14.3 million in November 2023, to ensure the new facility aligns with the Group’s stringent food manufacturing standards, quality controls and operational requirements.

The facility, which spans a land size of 178,863 square feet with a built-up area of 65,000 square feet, is dedicated exclusively to halal production and has successfully obtained its halal certification in August 2025.

Notably, the Johor manufacturing facility is equipped with new advanced F&B machinery and automation, which will enable the Group to maintain stringent quality standards while operating with a lean workforce.

YBhg. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, commented, “The opening of Ellaziq’s new facility in Johor affirms Malaysia’s strategic role in the global halal economy, particularly in the advanced food manufacturing sector. It is a clear testament to the confidence international brand builders have placed in our country’s ecosystem, infrastructure and skilled workforce.”

“This expansion leverages the unique close proximity and economic synergy between Johor and Singapore, delivering dual benefits, strengthening regional supply chains while substantially increasing our national halal capacity to better serve not just Muslimconsumers, but also those who prioritise halal-certified products globally. This project strongly aligns with the government’s economic agenda by creating high-quality jobs and driving the use of advanced machinery. MIDA remains fully committed to supporting high-value investments that deliver significant, tangible growth.”

Managing Director of OTS Holdings, Mr. Ong Bee Chip said: “Our new Johor facility reflects our commitment to meeting the evolving needs of the Muslim consumer segment, which continues to grow both in value and demand.

Our focus is not just on increasing volume, but on creating products that resonate with the values and expectations of the Muslim community, while maintaining the stringent standards of food quality and safety.

Targeting the growing Muslim consumer market locally and abroad—from Singapore and Malaysia to the Middle East, UAE, and Africa, our enhanced production capacity will also strengthen our export capabilities, extending our trusted halal brands and high-quality products to a larger audience globally.”

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About MIDA

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

About OTS Holdings Limited
(Bloomberg: OTS:SP / SGX Stock Code: OTS)

Established in 1993, OTS Holdings Limited is a brand builder and food manufacturing group in the consumer industry with a strong niche in ready-to-eat and ready-to-cook meat products with key markets in Singapore and Malaysia.

The Group’s vision is to develop a growing portfolio of established consumer brands and become an innovative market leader in the region. Targeting both halal and non-halal consumer segments, the Group has more than 1,100 SKUs across 13 main product types under its eight house brands and notably the Group’s flagship brands, “Golden Bridge” and “Kelly’s” have become established household names within the ready-to-eat and ready-to-cook meat products market in Singapore and Malaysia.

The Group owns and operates three modern food manufacturing facilities, two in Singapore and one in Simpang Renggam, Johor, Malaysia. In Singapore, its integrated food manufacturing facilities with in-house research and development team span across around 98,285 square feet with an average annual production of around 2,500 tonnes of ready-to-eat and ready-to-cook meat products.

The Group’s food products are sold in major supermarkets, convenience stores, provision shops, hotels and restaurants in Singapore and Malaysia. Having built an established sales and distribution network over the past few decades, the Group aims to expand its presence in existing markets and overseas.

For more information, please visit the Company’s website at www.ots-holdings.com.

For media enquiries, please contact:

MIDA
Ms. Wan Hariati Wan Salleh
Senior Deputy Director,
Food Technology & Resource Based Industries Division
Tel: +603-2267 6654
Email: [email protected]

OTS Holdings Limited

Issued on behalf of OTS Holdings Limited by 8PR Asia Pte Ltd.

Mr. Alex TAN
Mobile: +65 9451 5252
Email: [email protected]

This press release has been prepared by the Company and its contents have been reviewed by the Company’s Sponsor, SAC Capital Private Limited (“Sponsor”). This press release has not been examined or approved by the Singapore Exchange Securities Trading Limited (“SGX-ST”) and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Audrey Mok (Telephone: (65) 6232 3210), at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

OTS Holdings Expands Halal Production Capacity with Grand Opening of Ellaziq’s Advanced Manufacturing Facility in Johor

KEDAH, 28 October 2025 – Ichia Technologies, Inc., leader in electronic components manufacturing with over 40-year of industry experience, proudly announces the grand opening of its second state-of-the-art manufacturing facility at Kulim Hi-Tech Park (KHTP), Kedah. The RM490 million investment expected to create approximately 600 job opportunities with a strong emphasis on high-skilled talent.

The new manufacturing facility will focus on the manufacturing of Printed Circuit boards, printed circuit board assemblies and components for automative and telecommunication sectors.

Spanning more than 55,000 square meters on an 11-acre site, the facility incorporates automated production lines, IoT-enabled system and artificial intelligence technology in line with Industry 4.0 principles. The advanced manufacturing capabilities will support the growing demand in key sectors while enhancing production efficiency and quality.

The ceremony was attended by Puan Nazlizan Abdullah, Director of Malaysian Investment Development Authority (MIDA) Kedah; Encik Noor Ikhsan Bin Abdul Aziz, Chief Operating Officer of Invest Kedah; Mr. James Buu, Deputy Representative of Taipei Economic and Cultural Office in Malaysia; Mr. Huang Chiu-Yung, Chairman of Ichia Technologies Group; as well as other distinguished guests.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of Malaysian Investment Development Authority (MIDA), stated: “Ichia’s decision to build its second state-of-the-art manufacturing facility in Kulim Hi-Tech Park, with a significant RM490 million investment, powerfully affirms Malaysia’s position in the E&E sector. This advanced facility, focusing on PCB, PCBA and components for the automotive and telecommunication sectors and incorporating Industry 4.0 technologies like AI and IoT, aligns perfectly with our NIMP 2030 vision. The creation of 600 high-skilled jobs is crucial for developing local talent and strengthening Malaysia’s role as a strategic, resilient hub in the global E&E supply chain.”

Mr. Noor Ikhsan Bin Abdul Aziz, Chief Operating Officer of the Invest Kedah Berhad, stated: “Ichia’s expansion in Kulim Hi-Tech Park enhances Kedah’s status as a high-value manufacturing hub. This investment will boost our electronics ecosystem, create skilled jobs, and open new opportunities for local suppliers in automotive and telecommunications. It reflects Kedah’s commitment to talent development and renewable energy.

Invest Kedah Berhad will streamline the investment process for local and global investors, ensuring projects like Ichia’s thrive sustainably. We will continue to partner with local universities and technical institutions through the Kedah Talent and Development Centre (KTDC) to foster skilled talent, while promoting green energy initiatives for sustainable industrial growth under Kedah State Energy Resources Sdn Bhd (KESTER).”

Mr. Huang Chiu-Yung, Chairman of Ichia Technologies Group, stated: “Ichia Technologies Inc., a publicly listed company in Taiwan, is a global leader in providing advanced integrated module solutions. Amid the ongoing restructuring of global supply chains and the challenges brought by U.S. reciprocal tariffs, our new facility in Kulim, Malaysia, will serve as a key driver for the Group’s long-term sustainable growth. Malaysia will become the Group’s second-largest manufacturing base, enabling us to continue delivering exceptional products and services to customers around the world.”

The opening of Ichia’s KHTP facility marks a significant milestone in Malaysia’s journey to become a preferred destination for high-tech manufacturing investments. With its strategic location, skilled workforce, and supportive ecosystem, Kedah is positioning itself as a critical node in the global electronics supply chain, attracting world-class manufacturers who are reshaping the future of the industry.

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About MIDA

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

About Invest Kedah
Invest Kedah Berhad (IKB) is the official investment promotion agency for the State of Kedah, responsible for attracting and facilitating strategic domestic and international investments. IKB plays a vital role in ensuring that the investments received generate a positive impact on the state’s economic development and the well-being of its people. Through an investor-friendly approach and close collaboration with both federal and local government agencies, IKB is committed to positioning Kedah as a leading investment destination in the northern region of Malaysia.

About Ichia

Ichia Technologies, founded in 1983 and IPOed in Taiwan, has over 40 years of expertise in electronic components. Based on the core technology in mechanical and electronic components, Ichia extends the business to the module, include EMS (Electronic Module Solutions), IMS (Integration Module Solutions), and TMS (Thermal Module Solutions), providing comprehensive one-stop services from design to manufacturing. These solutions are widely applied in consumer applications, servers, AIoT, automotive electronics, and optical fiber communications, etc. Nowadays, the global foodprints has extended from Taiwan to Mainland China, Malaysia, Europe, and the United States. Ichia, driven by the mission “Act with Purpose, Impact with Vision”, expects to be the valued partnership to customers.

For media enquiries, please contact:

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

Invest Kedah Berhad
Corporate Communication Department
Email: [email protected]
Tel.: +604-7027373

Ichia Technologies
Mr. Ooi Teck Joo
Director, Ichia Technologies Malaysia Sdn. Bhd.
Email: [email protected]
Tel.: +604-3903900

Ichia Technologies Malaysia Celebrates Grand Opening Of Its RM490 Mil New Manufacturing Facility In Malaysia

Key Highlights:

• RM7.3 billion in potential green investments generated through strategic business matching sessions
• Strategic partnership with Maybank to accelerate green financing and sustainable investments
• Biz Bridge business matching initiative connects global data centres, renewable energy players, and sustainable manufacturers

Kuala Lumpur, 21 October 2025 — In the global race for green capital, Malaysia has emerged as Southeast Asia’s most compelling turnaround story. The Malaysian Investment Development Authority (MIDA)’s strategic initiatives at IGEM 2025 signal a nation hitting its stride: RM7.3 billion in potential investments, 38 high-stakes business matchmaking sessions, and a game-changing alliance with Maybank that could reshape the region’s clean energy landscape.

“IGEM 2025 marks a pivotal moment in Malaysia’s economic transformation,” states Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA’s Chief Executive Officer. “The MADANI Economy Framework, the New Industrial Master Plan 2030, the National Energy Transition Roadmap, and the Green Investment Strategy – they’re Malaysia’s blueprint for capturing the USD1 trillion Asian green economy. The RM7.3 billion potential green investments we’ve generated demonstrates that global capital recognises what we’re building: a sustainable industrial ecosystem that creates value for investors while delivering prosperity for all Malaysians. This is how we turn net-zero ambitions into net-positive growth.”

Strategic Partnerships Drive Green Momentum

MIDA’s Biz Bridge initiative, co-organised with the Malaysian Photovoltaic and Sustainable Energy Industry Association (MPSEA), proved instrumental in connecting green energy suppliers and demand offtakers. The platform facilitated meaningful connections between 15 demand-side and 14 supply-side participants, creating a robust marketplace for renewable energy generation and sustainable industrial development. 

Mr. Ir. Justin Sim, President of MPSEA, highlighted the importance of such partnerships, remarked, “As Malaysia and the region advance towards a clean energy transition, collaboration is key. Biz Bridge provides a valuable platform for industry players to forge partnerships that accelerate the deployment of green technologies, attract sustainable investments, and position Malaysia as a leading clean energy hub in ASEAN.”

Maybank Partnership Unlocks Green Financing

Reinforcing its role as the nation’s principal investment promotion agency, MIDA has formalised a Memorandum of Understanding (MoU) with Malayan Banking Berhad (Maybank) to promote Malaysia as a preferred destination for high-value and sustainable investments. This collaboration leverages both organisations’ networks, expertise, and resources to attract quality investments that advance the adoption of green technology, ESG practices, and Industry 4.0 solutions.

Comprehensive Investor Support Through MIDA

Running throughout IGEM 2025, MIDA displayed its role and functions to potential green investors through the following pillars:

• Green Investment Strategy aligned with the National Green Policies such as NETR & NIMP2030 
• Green investment promotion under the Green Investment Strategy (GIS) for seven strategic levers 
• Green Investment Incentives such as Green Investment Tax Allowance (GITA) & Green Income Tax Exemption (GITE) 
• Facilitation of investors through a seamless investor journey 

Looking Ahead: Accelerating Green Transformation

The RM7.3 billion proposed green technology investments represent just the beginning of Malaysia’s green economic transformation. With data centres seeking sustainable power solutions, manufacturers requiring clean energy for ESG compliance, and global corporations establishing regional green hubs, Malaysia is poised to become the premier hub of green energy.

***The End***

About MIDA

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

For media enquiries, please contact:

Mr. Nelson a/l Samuel Wilson
Director of Green Technology Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected] | DL: +603-2267 3635

APPENDIX

Mr. Ten Wee Seong, CEO, Seri Pajam Development Group / SPD Tech Valley

“We’re honoured to join the Biz Bridge Business Matching event by MIDA and MPSEA, which creates a valuable platform to connect green energy demand with real, sustainable solutions. At SPD Tech Valley, we share the same vision — driving Malaysia’s transition towards a low-carbon future through smart, sustainable, and ESG-driven industrial development.

As Southeast Asia’s first LEED Gold–certified smart industrial park, and with GreenRE-certified detached factories, we’re committed to enabling investors to operate responsibly while gaining a competitive edge in global export markets that prioritise green compliance and clean energy.” 

Mr. SK Lew, Managing Director of Northern Solar

“We applaud MIDA’s proactive initiatives like the Biz Bridge platform, which foster meaningful collaborations between industry players and investors. As a public-listed full turnkey EPCC and IPP, Northern Solar is proud to work alongside MIDA to accelerate solar adoption and contribute to Malaysia’s NETR ambitions through reliable, innovative, and sustainable energy solutions.” 

MIDA Secures RM7.3 Billion Potential Green Investments at IGEM 2025, Positioning Malaysia As Southeast Asia’s Clean Energy Hub

PENANG, Malaysia, Oct. 8, 2025 – Global logistics leader UPS (NYSE: UPS) has opened a new package centre in Penang in a move that enhances services for a wide range of its customers across the city.

The company has also increased the size of its existing hub at Penang Airport to boost processing capacity and provide businesses in Penang with even more access to the global UPS network.

The 20,000 sq ft. centre is located in Penang Science Park North, an area home to multiple industrial parks and popular with businesses in the high-tech and manufacturing sectors.

UPS’s new service means pickup times for exports of the company’s Express and Worldwide Express Freight shipments for businesses in eight areas – including Butterworth, Batu Kawan and Bayan Lepas – are extended by up to two hours, giving customers more time to prepare outbound shipments. Deliveries to businesses in Batu Kawan, Perai, Penang and Kulim, Kedah will now also be delivered earlier.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), welcomed the development, “This investment by UPS comes at a crucial moment as businesses adapt to shifting global trade patterns and supply chain realignments. The new package centre in Penang, coupled with the expanded airport hub, introduces advanced automation and smarter warehousing processes that will enhance resilience and efficiency for Malaysian companies competing in time-critical sectors such as semiconductors and electronics.”

“At MIDA, we are committed to accelerating the adoption of Smart Warehousing and automation across the logistics sector. UPS’s continued confidence in Malaysia reinforces our efforts to build a more agile supply chain ecosystem that positions the country as a preferred hub for high-value global investments,” he added.

“When we talk to our customers, what many of them ask for is more hours in a day. Extending pickup times effectively gives them that; extra time to receive and ship more orders every day. Our enhanced airport hub then allows us to process these shipments efficiently when they arrive or leave on one of the 11 weekly UPS flights we have serving Penang,” said Ingrid Sidiadinoto, senior managing director UPS Malaysia at an event commemorating the opening of the new centre.

“Businesses all over the world are evaluating and learning from the events of recent years and looking to build more resilience into supply chains as a result. Malaysia is in a good position to capitalise on some of these trade lane shifts and Penang is central to that. We’re here to help our customers make the most of the opportunities available to them. We’re excited about the future growth potential for businesses in Penang,” Sidiadinoto added.

This is the latest in a series of investments by UPS in its Malaysia network. In May 2025, the company launched a new service in Johor that provides businesses across the state with next-day delivery to and from countries across the Asia Pacific region. Deliveries to and from Europe and the U.S. meanwhile will arrive in as little as two business days. This follows an earlier service enhancement in 2024 that enabled deliveries to and from over 50 countries across the Americas to be completed in as little as two business days.

For full details of delivery times within UPS’s global network, refer to the UPS time and cost calculator.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. With Headquarters 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 UPS

UPS (NYSE: UPS) is one of the world’s largest companies, with 2024 revenue of $91.1 billion, and provides a broad range of integrated logistics solutions for customers in more than 200 countries and territories. Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s approximately 490,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. More information can be found at www.ups.com, about.ups.com and www.investors.ups.com.

For media enquiries, please contact:

MIDA

Mr. Habibah Enok
Director,
Oil and Gas, Maritime and Logistics Services Division
Tel: +603-2267 3539
Email: [email protected]

UPS

Tim Neesham
UPS Asia Pacific Communications
[email protected]

UPS Opens New Package Centre, Enhances Delivery Services In Penang

Kuala Lumpur, 1 October 2025 – Dunham-Bush Industries Sdn. Bhd., one of Malaysia’s most established heating, ventilation, and air conditioning (HVAC) manufacturers, hosted a data centre seminar today in partnership with the Malaysian Investment Development Authority (MIDA), its Strategic Investment Ecosystem Partner.

The seminar, themed “Keep Your DC Cool”, drew more than 60 key stakeholders from across the data centre ecosystem and government agencies to Dunham-Bush’s manufacturing facility. Discussions centred on the critical role of precision cooling in sustaining uptime, resilience and energy-efficiency, reaffirming Malaysia’s position as a hub for advanced, sustainable climate solutions for mission-critical infrastructure.

“From 2021 until June 2025, MIDA has approved RM144.4 billion worth of investments in data centre and cloud projects”, said Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA. “These projects are creating strong linkages across Malaysia’s value chain, with AI-driven data centres generating up to four times downstream impact for local suppliers, service providers, and talent. By strengthening resilience and competitiveness, we are laying the foundation for Malaysia to be a regional leader in the global data economy. Companies like Dunham-Bush demonstrate how local champions can scale globally while contributing to national priorities.”

Mr. Yu Baoshuang, Managing Director of Dunham-Bush Malaysia, added, “We are proud to host this event and open our doors to showcase our capabilities to the industry. Cooling is not just a support system – it is at the heart of data centre operations. At Dunham-Bush, we are committed to delivering precision cooling and energy-efficient climate solutions that meet the growing needs of the data centre industries. This demand has enabled us to expand our local manufacturing, invest in new technologies, and create skilled opportunities for Malaysians. Together with partners like MIDA, we are building a stronger future for Malaysia as a regional hub for data centres.”

This event follows MIDA’s Data Centre Nexus initiative launched in May 2025, signalling sustained governmental commitment to the sector. As artificial intelligence (AI) and cloud computing drive exponential growth in data processing, the physical infrastructure supporting these digital ambitions becomes increasingly critical.

The seminar reinforced the importance of strong collaboration between government and industry in advancing Malaysia’s competitiveness in the regional and global data centre landscape. With Dunham-Bush’s innovation and MIDA’s facilitation, Malaysia is strengthening supply chain resilience, attracting high-value investments, and building a future-ready economy, competitive, inclusive, and sustainable.

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About MIDA

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

About Dunham-Bush Industries Sdn. Bhd.

Dunham-Bush is one of the world’s top commercial air conditioning manufacturers, which has long been committed to offering reliable air conditioning solutions and providing innovative engineering with green technology and superior quality manufacturing that meet the market demands for performance, reliability, and energy efficiency. Today, with the global headquarters located in Malaysia, Dunham-Bush has over 3,000 employees in 15 sales offices and three factories worldwide. For more information, please visit us at https://dunham-bush.com/.

For media enquiries, please contact:

MIDA
Ms. Noorzita Mohamad Nor
Director, Business Services and Regional Operations, MIDA
Email: [email protected]
Tel: +603-2267 3635

Dunham-Bush Industries Sdn. Bhd.
Ms. Noor Emelia binti Mohamad Noor
Senior Sales Manager, Dunham-Bush Sales & Services Sdn. Bhd.
Email: [email protected]
Tel: +603-89249000 ext:12005

MIDA and Dunham-Bush drive Malaysia’s data centre value chain with sustainable cooling solutions

GDS and MIDA highlight key partnerships to accelerate the growth of Malaysia’s data centre supply chain ecosystem

Key Highlights of the Data Centre Supply Chain Ecosystem Summit:

• MOU Exchange between GDS and SIRIM to boost quality and standards of data centre industry
• MOU Exchange with global suppliers forging stronger connections in Malaysia’s data centre supply chain
• GDS launches talent programs to train skilled digital professionals
• 400 attendees from the data centre supply chain ecosystem attended the summit, showcasing the latest in trend technology

KUALA LUMPUR, 27 OCTOBER 2024 – GDS International, a leading developer and operator of high-performance data centres, with Malaysian Investment Development Authority (MIDA) as the strategic partner has successfully hosted the Data Centre Supply Chain Ecosystem Summit in Johor today. The event gathered over 400 attendees across the data centre supply chain, as well as industry leaders and key government agencies, showcasing the latest technology trends, reaffirming Malaysia’s position as a key player in the global digital economy.

The summit featured the exchange of a significant Memorandum of Understanding (MOU) between GDS and SIRIM to improve quality and standards in the data centre industry. Additionally, GDS also exchanged MOUs with global suppliers, further strengthening Malaysia’s data centre supply chain. These partnerships will bring an estimated RM1 billion investment for integrated factories and service centers, contributing over RM5 billion annually to the economy and creating up to 5,000 local jobs.

YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), commended the collaboration between MIDA, GDS, and key industry stakeholders, stating, “The partnerships established today exemplify the government’s commitment to cultivate an ecosystem that nurtures technological advancement and innovation, strengthening the foundation and development of the country’s digital infrastructure.

The five key considerations for the data centre industry should be:

1. Creation of meaningful job opportunities
2. Localisation of its supply chain
3. Water consumption
4. Power consumption
5. Prevention of speculative build

I am glad to note that GDS, a key player in Malaysia’s data centre industry, has hosted this summit in alignment with our goals to empower local companies for active participation in the data centre supply chain.”

Witnessing this momentous occasion, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, stated, “Positioned at the heart of the region, Malaysia’s expanding network of data centres and cloud infrastructure is crucial for facilitating cross-border data flow. Beyond data storage and processing, these data centres provide a veritable goldmine of opportunities for our small and medium-sized enterprises to plug into the global value chain. And, this in turn fosters the development of our local talent, drives technological innovation, and fuels economic growth within the ecosystem.”

GDS’s leadership expressed their continued commitment to advancing Malaysia’s digital landscape. “The success of this summit reflects the strength of Malaysia’s data centre supply chain and our shared vision to build a sustainable digital future. Malaysia is a land of opportunity and innovation, and we are dedicated to harnessing this potential by fostering collaboration across the industry and with key stakeholders. Together, we can drive significant growth, enhance our capabilities, and position Malaysia as a leading hub for data centre services in the region,” said William Huang, Chairman of GDS.

Malaysia is making remarkable strides in its digital economy, with an approved RM185.3 billion in digital investments from 2021 to June 2024. Data centre and cloud investments accounted for the lion’s share of these total approved investments, at RM131 billion. This serves as a testament that Malaysia is on the right track towards becoming a leading digital hub in the region.

**The End**

About MIDA

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

About GDS

GDS is a leading developer and operator of high-performance data centers in Asia. Our facilities are strategically located in primary economic hubs where demand for high-performance data center services is concentrated. With a track record spanning 23 years, GDS has successfully delivered services to some of the largest and most demanding customers in need of outsourced data center solutions. Recognizing the potential for growth in Asia, GDS established its international headquarters in Singapore in 2021.

For more information, please contact:

MIDA
Ms. Noorzita Mohamad Nor
Director, Business Services and Regional Operations, MIDA
Email: [email protected]
Tel: +603-2267 3635

GDS
[email protected]

Setting the Stage: GDS Summit Showcases Data Centre Supply Chain Ecosystem, Further Strengthening Malaysia’s Digital Infrastructure

PENANG, 26 October 2024 – Amphenol DC Electronics Malaysia Sdn. Bhd. (Amphenol), a global provider of engineering, design, and manufacturing services, celebrated the grand opening of its new 70,000 sq. ft facility in Penang today, with the potential for an additional 60,000 sq. ft in Phase 2. This expansion significantly increases the company’s footprint in the region to over 130,000 sq. ft, demonstrating its commitment to growth and innovation in Malaysia while greatly enhancing its capacity and capabilities.

The inauguration of the facility was attended management and staff of Amphenol, government officials including Mr. Muhammad Ghaddaffi bin Sardar Mohamed, Director of MIDA Penang, as well as the company’s key customers, suppliers and community partners.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO) of MIDA congratulated the company, affirming, “I extend my warmest congratulations to Amphenol on the launch of their new manufacturing facility in Malaysia. We’re committed to attracting high-tech, high-value investments that drive innovation and create skilled job opportunities for Malaysians. Amphenol’s decision to establish a presence here underscores Malaysia’s strong reputation in the global electrical and electronics (E&E) industry. I’m confident that this partnership will make a significant contribution to our nation’s continued economic growth and technological advancement.”

Meanwhile, Mr. Ruben Macias, General Manager of Amphenol DC Electronics (United States HQ), remarked, “We are thrilled to expand our operations in Malaysia, particularly in Penang, which has long been recognised for its strategic importance in the semiconductor sector.”

“This new facility will enable us to meet growing demand, accelerate innovation, and further contribute to Malaysia’s economy. The Penang Facility is fully in charged by Local Management” Mr. Chan Chee Wey, Amphenol DC Electronics Sdn. Bhd. Plant Director.

Located at Penang Science Park, the new facility equipped for Cable Assembly and Box Build, will serve as a major hub for manufacturing, creating 300 jobs and fostering local talent in Malaysia’s semiconductor industry. This state-of-the-art facility underscores Amphenol’s commitment to innovation, sustainability, and regional growth.

To learn more about the new Penang facility and Amphenol’s capabilities in the region, please visit https://www.dcelectronics.com.

**The End**

About MIDA

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

About Amphenol DC Electronics

Amphenol DC Electronics, Inc. (ADCE) is a custom cable assembly and wire harness manufacturing company specializing in the design, engineering, and manufacturing of custom wire harnesses, cable assemblies, and integrated electronic mechanical devices. Established in 1979 and acquired by Amphenol in 2013, ADCE has built a reputation for uncompromising quality, innovation, and delivery excellence. For more information, visit our website.

For more information, please contact: 

MIDA

Ms. Noor Suziyanti Binti Saad
Director of Electrical and Electronics Division
T: 03-2267 3575
E: [email protected]

Amphenol DC Electronics

Mr. Chan Chee Wey
Site Operations Manager
T: 04-5456611
E: [email protected]

Amphenol Opens New Facility in Penang, Strengthening Commitment to Growth and Innovation

New Factory in Penang to Create 1,000 Jobs and Boost Malaysia’s Manufacturing Sector

ANDOVER, Massachusetts, United States; Kuala Lumpur, Malaysia., 24 October 2024 – MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that transform the world, celebrated the groundbreaking ceremony of its super center factory in Penang, Malaysia to support the growing needs of semiconductor equipment for wafer fabrication in the region and globally. The state-of-the-art facility will be located on a 17-acre plot, spanning approximately 500,000 square feet. and will employ approximately 1,000 people. The new factory will be built in multiple phases, with the first phase scheduled for completion in the first half of 2026.

ADUN Bukit Tambun and Director of InvestPenang, YB Goh Choon Aik stated, “Penang, renowned as the Silicon Valley of the East, has cemented its position as a preferred global destination for electronics and electrical investments in Southeast Asia. With a legacy of five decades of industrialisation and a reputation for innovation and technological excellence, the state offers a thriving industrial ecosystem that naturally attracts investors. MKS Instruments’ expansion into Penang is a testament to the state’s appeal as a preferred investment destination, supported by its robust ecosystem.”

YB Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), welcomed MKS Instruments to Malaysia, stating, “This groundbreaking super center factory is a resounding affirmation of Malaysia’s speedy implementation of the New Industrial Master Plan 2030, and MITI’s firm commitment to expedite targeted, high-tech investments with the support agencies like MIDA and InvestPenang. More importantly, this will create opportunities for better integration of local SMEs into global companies’ supply chains, while creating high-skilled, higher-paying jobs in cutting-edge sectors for Malaysians. I am confident MKS’s investment will help strengthen our semiconductor sector, supporting MITI’s positioning of Malaysia as a regional manufacturing and services hub for high-tech industries.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), lauded MKS Instruments’ milestone, stating, “This momentous occasion presents a golden opportunity for our machinery and equipment (M&E) companies to showcase their prowess in producing high-value products and integrated services that meet the exacting standards of multinational corporations (MNCs). MIDA remains steadfast in its commitment to supporting and facilitating investments that enhance operational capabilities, ultimately catalysing the meteoric rise of Malaysia’s manufacturing sector, a true ‘industrial powerhouse’ in the making.”

“Penang offers an attractive and rapidly growing semiconductor ecosystem, and building a significant presence here is part of our strategic and long-term capital planning,” said Dr. John T.C. Lee, President and Chief Executive Officer of MKS. “Adding Penang to our global footprint puts us closer to our customers, suppliers and a robust technology infrastructure, including a deep and talented labour pool, as we continue to spur innovation and enhance our capabilities as a leader across a broad array of semiconductor manufacturing applications.”

MIDA reported that for the first half of 2024 (1H2024), the Machinery and Equipment (M&E) sector saw promising growth, with a total of 64 projects approved, amounting to investments valued at RM2.8 billion. These projects are anticipated to create significant opportunities, generating over 3,500 new jobs and contributing to the sector’s continued development and expansion in Malaysia.

*****

About MIDA

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

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

About MKS Instruments
MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.

For more information, please contact:

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

InvestPenang
Ms. Elaine Cheah
Communications & Business Intelligence
Email: [email protected]
Tel.: +604 6468833

MKS Instruments
Mr. Bill Casey
Senior Director, Marketing Communications 
Email: [email protected]
Tel.: +1 630 995 6384 

Ms. Kerry Kelly
Partner, Kekst CNC
Email: [email protected]

Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, regarding MKS’ construction of a factory in Malaysia and the projected timeline. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein, including as a result of the factors described in MKS’ Annual Report on Form 10-K for the year ended December 31, 2023 and any subsequent Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.

MKS Instruments Breaks Ground on Super Center Factory in Malaysia

Kuala Lumpur, 16 October 2024 –In response to the growing demand for skilled talent in Malaysia’s rapidly advancing manufacturing sector, the Malaysian Investment Development Authority (MIDA) and the Malaysian Technical Universities Network (MTUN) today announced a strategic partnership aimed at developing high-skilled talent through Technical and Vocational Education and Training (TVET).

Speaking at the event, Datuk Sikh Shamsul highlighted the importance of such partnerships in ensuring Malaysia’s competitive edge in the global economy. “This collaboration exemplifies the synergy between MIDA and institutions of higher learning. By joining forces, we will cultivate a new generation of high-skilled professionals who are perfectly attuned to the evolving needs of Malaysia’s thriving industrial landscape We aim to create high-skill job opportunities and build a competitive workforce ready to drive economic transformation in line with the New Industrial Master Plan 2030 and the MADANI Economy Framework.”

Professor Dato’ Ts. Dr. Zaliman Sauli, Vice Chancellor of UniMAP, expressed “”At UNIMAP, we aim to create industry ready skilled graduates who can innovate and lead. Our collaboration with MIDA will enhance our programmes to meet the challenges of the modern E&E workforce.”

Professor Datuk Ts. Dr. Massila Binti Kamalrudin, Vice Chancellor of UTeM, commented “Collaborating with MIDA to align education with industry needs is a great way to ensure that graduates are equipped with the skills and knowledge necessary for careers in advanced manufacturing and computing technologies. This kind of partnership can significantly enhance job readiness and drive innovation in the field.”

Profesor Dato’ Ir. Ts. Dr. Ruzairi Abdul Rahim, Vice Chancellor UTHM, emphasised, “UTHM is committed to shaping future leaders in engineering and technology. Our collaboration with MIDA will empower our students with the essential skills to thrive in high-tech industries.”

Professor Dato’ Ts. Dr. Yusserie Zainuddin, Vice Chancellor UMPSA stated, “These partnerships highlight the importance of strong university-industry relations in fostering a dynamic and agile educational ecosystem. Today’s ceremony represents a major milestone in developing programmes that align directly with the skills required by sectors such as manufacturing, engineering and technology. MTUN serves as a crucial bridge between academia and industry, ensuring that our graduates are not only academically proficient but also technically skilled—qualities that are in high demand in today’s fast-paced industries.”

The MoU outlines several key focus areas, including aligning labour market supply with industry demand, developing human capital through TVET talent development programmes, and strengthening collaboration between academic institutions and industries. The partnership will also facilitate the transfer of knowledge from industry to academia, particularly in talent development.

As part of the event, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, was conferred the title of Adjunct Professor under the CEO@Faculty programme, recognising his leadership and contribution to bridging industry and academia. The event also featured several MoU exchanges between MTUN and key industry players, underscoring the collaboration’s broad impact.

– THE END –

About MIDA

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

For media enquiries, please contact:

MIDA

Ms. Azrina Binti Hashim
Director, Industry Talent Management and Expatriate
Email: [email protected]
Tel.: +603-2267 3454

MIDA Inks Partnership with Technical Public Universities, Driving Growth Of Malaysia’s High-Skilled Workforce

Pioneering Collaborations and Approved Green Projects Highlight MIDA’s Commitment to Boosting Green Investments in Malaysia

• Seven companies participated in the MoU exchange, including five involving Solarvest Group and its partners, with a total investment exceeding RM1.0 billion.

• MIDA announced four quality green projects from January to June 2024, totaling to an amount of RM1.8 billion, focused on Renewable Energy (RE) and Green Mobility.

• Chery Corporate Malaysia is investing RM1.4 billion to build a cutting-edge manufacturing plant and R&D centre for energy-efficient vehicles (EEVs).

• Asiabina Solar, NEDA Pekan, and Sand Town Solar are making significant investments in large-scale solar photovoltaic (LSSPV) plants in Perak and Pahang, supporting Malaysia’s renewable energy and carbon reduction goals.

Kuala Lumpur, 10 October 2024 – Malaysia’s drive towards a sustainable future took a significant step forward as the Malaysian Investment Development Authority (MIDA) successfully hosted a Memorandum of Understanding (MoU) exchange ceremony at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024. This milestone event marked a major milestone in the country’s journey towards achieving its Green Investment Strategy (GIS) goals, which were launched by the government on 19 August this year.

A total of (7) seven companies participated in the MoU exchange, with (5) five exchange involving Solarvest Group and its partners. These MoU exchanges, with a cumulative investment value exceeding RM1.0 billion, are poised to make a significant impact on Malaysia’s green technology landscape. 

The MoU exchange ceremony was witnessed by Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, and Ir. Ts. Shamsul Bahar Mohd Nor, Group Chief Executive Officer of the Malaysian Green Technology and Climate Change Corporation (MGTC).

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, remarked, “Since MIDA’s first participation in IGEM in 2010, we have successfully generated substantial business leads, making this event pivotal to Malaysia’s green investment landscape. We continue to be a strategic partner, as we work towards attracting more green investments into the country. Now in our 15th year, MIDA aims to generate RM2.5 billion in investment leads over the three (3) days. Every handshake here, every discussion, every agreement brings us one step closer to realising Malaysia’s net-zero vision.”

Solarvest Group Partners include Vista Contracting & Investment Global Pte. Ltd., a subsidiary of Samsung Group, Greenrock Energy Co. Ltd, Alliance Bank Malaysia Berhad, UKM Pakarunding Sdn. Bhd., and Chailease Holding Co. The collaboration aims to advance sustainable energy solutions in Malaysia, focusing on the development of solar photovoltaic projects including the Corporate Renewable Energy Supply Scheme (CRESS), the deployment and operation of Battery Energy Storage Systems (BESS), enhancing academic and research cooperation in renewable energy, and providing green financing for renewable energy project development. These strategic partnerships are set to significantly boost the growth of Malaysia’s renewable energy sector.   

Meanwhile, the remaining (2) two MoUs involve Green Quarter Sdn. Bhd. and its partners, Wezmart International Berhad and Crex Private Limited. These collaborations shall focus on enhancing sustainability initiatives and providing consultancy services related to ESG and carbon emissions reduction.  

Ir. Ts. Shamsul Bahar Mohd Nor, Group CEO of MGTC, further reiterated, “Through collaboration, stakeholders can leverage their respective strengths and resources to push the boundaries of green technology adoption in Malaysia. This partnership will help our country achieve its sustainability targets and position it as a frontrunner in the global green economy. With its role in promoting investment and industrial development, MIDA can facilitate the integration of green technologies into various sectors of Malaysia’s economy.”

The event also featured the announcement of four quality green projects approved by MIDA for the period from January to June 2024, totaling to an amount of RM1.8 billion. These projects, approved under the Renewable Energy (RE) and Green Mobility levers as identified in the Green Investment Strategy (GIS), underscores MIDA’s commitment in promoting sustainable development in Malaysia, and driving the nation’s ambitious goal of attracting RM300 billion in green investments by 2030, as outlined in GIS.     

The quality projects announced include:

• Chery Corporate Malaysia Sdn. Bhd.: Chery Malaysia is making a significant investment of RM1.4 billion to establish a cutting-edge manufacturing plant and R&D centre in Malaysia. This facility will focus on producing Energy Efficient Vehicles (EEVs), including a range of electric passenger vehicles, reinforcing the company’s commitment to sustainable mobility and innovation.

• Asiabina Solar Sdn. Bhd.: Asiabina Solar is investing RM200 million in the development of a Large Scale Solar Photovoltaic (LSSPV) plant located in Parit Buntar, Perak. The facility is expected to generate 50 MW of green energy. Additionally, the plant is expected to reduce carbon emissions by 100,000 tonnes annually, significantly supporting the nation’s environmental goals.

• NEDA Pekan Sdn. Bhd.: NEDA Pekan, a strategic joint venture between Gamuda Berhad and ERS Energy Sdn. Bhd., is investing RM121 million to develop and manage a Large Scale Solar Photovoltaic (LSSPV) plant in Pekan, Pahang. The plant is projected to reduce carbon emissions by 43,700 tonnes annually, further enhancing Malaysia’s environmental sustainability.

• Sand Town Solar Sdn. Bhd.: Sand Town Solar, a wholly-owned subsidiary of Gading Kencana Sdn. Bhd., is investing RM113 million in a Large Scale Solar Photovoltaic (LSSPV) plant located in Bidor, Perak. This state-of-the-art facility will generate 29.99 MW of green energy under the NEDA framework, underscoring the company’s commitment to a greener future. This plant is expected to reduce carbon emissions by 25,900 tonnes annually.    

This year’s IGEM also featured MIDA moderating the 2^nd Annual National Conference on Energy Efficiency, as well as presenting at the Innovation Stage, focusing on the incentives that are currently offered by MIDA. Additionally, networking and B2B consultation sessions were also held with Canadian companies, an initiative led by the High Commission of Canada in Malaysia. 

Recognising the growing importance of green initiatives across all sectors, the Green Incentives have been extended until 2026, as outlined in Budget 2024. This extension includes enhancements based on a tiered and outcome-based approach. Under the enhanced incentives, the qualifying activities for the Green Incentives have been expanded to include emerging green technologies such as green hydrogen, EV charging stations, and wind energy. These initiatives demonstrate the government’s proactive approach in driving the adoption of cutting-edge green technologies, paving the way for a more sustainable and environmentally responsible future for Malaysia.     

-ENDS-

About MIDA

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

For media enquiries, please contact:

MIDA

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

MIDA Drives Green Investments Momentum with Strategic MOU Exchange and Announcement of Quality Green Projects at IGEM 2024

2 October 2024, Pulau Pinang – The Malaysian Investment Development Authority (MIDA) and the Association of Malaysian Medical Industries (AMMI) today unveiled the AMMI’s Medical Device Industry Status and Outlook 2024/2025 Report: Malaysia, A Medtech Success Story at the Malaysia Medtech Industry Summit 2024 in Penang.  This report underscores Malaysia’s position as the leading medtech hub in Southeast Asia, boasting the highest concentration of multinational medtech companies in the region.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), highlighted, “Malaysia’s medtech industry has witnessed impressive growth, and this report affirms our position as a key player in the global medtech landscape. As we look to the future, it’s clear that our professionals are not only masters of their technical craft, but also driven by a commitment to quality and compliance with global standards. This potent combination of talent and government support, as seen in initiatives such as the prioritisation of the medical device sector in the Twelfth Malaysia Plan and the New Industrial Master Plan (NIMP) 2030, has propelled Malaysia to the forefront of medtech innovation. MIDA is dedicated to supporting the sector’s continued expansion through strategic partnerships and proactive measures, and we’re excited to see what the future holds for this dynamic industry.”

AMMI Chairman, Mr. Andy Lee, expressed “Malaysia boasts the largest medical device market in Southeast Asia, with its market size reaching RM10.6 billion in 2023, and ranked among the top ten markets in Asia. Malaysia’s vibrant medical device ecosystem has been instrumental in attracting numerous investments to the country. It extends far beyond traditional manufacturing, offering robust capabilities in sterilisation, biocompatibility testing, packaging and conformity assessment. Malaysia hosts the largest sterilisation capacity in Southeast Asia, providing the most comprehensive range of sterilisation technologies in the region. These include Ethylene Oxide (EtO), Gamma, and Electron beam (E-beam) sterilisation. Furthermore, Malaysia stands as the first country in Southeast Asia to establish an X-ray sterilisation facility. Driven by its sophisticated infrastructure, adherence to international standards, and strong government support, Malaysia is well-positioned to remain competitive on the global stage.”

Demonstrating their confidence in Malaysia’s viability as a MedTech hub, AMMI members have steadily increased their investments. AMMI survey respondents plan to invest a collective amount of RM2.7 billion in expansion, RM927 million in new products and RM162 million in new research and development (R&D)/centre of excellence (COE) and Industry 4.0.

The report also highlights the significant contribution of AMMI to the local economy. Collectively, they sourced RM4.1 billion of raw materials and RM2.5 billion of services from local suppliers and small and medium-sized enterprises (SMEs). Additionally, contracts worth RM1.4 billion were outsourced to local suppliers, with 95% directed toward finished products.

Reflecting Malaysia’s long-term growth, MIDA will continue to collaborate with reputable associations like AMMI to ensure the nation remains attractive to investors. MIDA is committed to rolling out game-changing measures and attracting high-quality investments that generate high-income jobs, increase export value and strengthen Malaysia’s domestic supply chain ecosystem.

– THE END –

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

About Association of Malaysian Medical Industries (AMMI)
Persatuan Industri Perubatan Malaysia
马来西亚医疗器械行业协会

Since its establishment in 1989, the Association of Malaysian Medical Industries (AMMI) has been recognised as the voice of Malaysia’s medical device industry. AMMI’s vision is to make Malaysia the preferred global manufacturing and services location for medical technology. AMMI is represented by 91 members of reputable multi-national and local companies involved in developing and manufacturing medical device products, equipment, and services in Malaysia for the healthcare industry. Collectively, AMMI’s members account for more than half of the medical device export contributions, creating over 54,000 jobs.

Sejak penubuhan pada tahun 1989, Persatuan Industri Perubatan Malaysia (AMMI) telah diiktiraf sebagai suara industri peranti perubatan Malaysia. Visi persatuan adalah membina Malaysia sebagai salah satu pusat pembuatan dan perkhidmatan sedunia bagi industri teknologi perubatan.

AMMI mewakili 91 ahli syarikat bertaraf dunia termasuk multi-nasional dan syarikat tempatan dalam aktiviti pembangunan dan pembuatan peranti perubatan di Malaysia untuk dibekalkan kepada industry kesihatan sedunia. Eksport keseluruhan ahli AMMI mewakili lebih 50% eksport peranti perubatan di Malaysia dan menggaji lebih daripada 54,000 pekerja.

马来西亚医疗器械行业协会创会于1989年，是马来西亚医疗器械行业业者的代表。协会的目标是促进马来西亚成为全球医疗科技的制造与服务基地。
马来西亚医疗器械行业协会有91名会员公司，代表国际和本地的医疗器械厂商。会员公司的医疗器械总出口量超过马来西亚医疗器械一半的总出口量。马来西亚医疗器械行业协会的会员公司也为业界提供了超过五万四千个工作机会。

For more information, please contact:

MIDA:
Ms. Azlina Hamdan
Director, Life Sciences and Medical Technology Division, MIDA
Tel: +603-2267 3791
Email: [email protected]

AMMI:
Mr. CS Ching 庄骏雄
Executive Director
Tel: +6012 – 4766 558
Email : [email protected]

Malaysia’s Medtech Sector Poised for High-Value Growth

Kuala Lumpur, October 23, 2023 – The Malaysian Investment Development Authority (MIDA) held its distinguished “MIDA Invest Series – Perak: Unfolding Its Business Potentials” at Perdana Hall, MIDA Sentral in Kuala Lumpur. In a collaboration with the Perak State Government, facilitated through its investment promotion body, InvestPerak, this event drew an audience of over 250 participants.  It stands as a pivotal initiative for the Government’s ongoing efforts to spotlight compelling investment opportunities within Perak.

The event commenced with a welcoming address by Datuk Wira Arham Abdul Rahman, Chief Executive Officer (CEO) of MIDA, followed by a keynote address by YAB Dato’ Seri Saarani Mohamad, Menteri Besar Perak. Also present at the event were YB Loh Sze Yee, State Executive Council Member of Perak Tourism, Industry, Investment and Corridor Development; YB Sivanesan Achalingam, EXCO Human Resources, Health, National Unity and Indian Community Affair; Ms. Haliza Sipun, Director of Unit Perancang Ekonomi Negeri (UPEN) Perak; Datuk Redza Rafiq Abdul Razak, CEO of Perbadanan Kemajuan Negeri Perak (PKNP); Mr. Yahanis Bin Yahya, CEO of Perbadanan Pembangunan Pertanian Negeri Perak (Perak SADC); Mr. Kwan Joon Hoe, Group Chief Operating Officer of Malaysian Resources Corporation Berhad (MRCB) and Mr. Mohd Khalid Bin Yusof, Senior Director of Automotive High-Tech Valley (AHTV).

During the keynote address delivered by YAB Dato’ Seri Saarani Mohamad, the Menteri Besar Perak said, “The Automotive High-Tech Valley (AHTV) in Tanjung Malim is a major initiative expected to revitalise the Malaysian automotive industry. The project is expected to attract RM32 billion in investments over the next 10 years, creating thousands of job opportunities and position Malaysia to become a regional leader in the production of next-generation vehicles. The establishment of a new High-tech Industrial Hub in Kerian, announced by the Prime Minister, YAB Dato’ Seri Anwar Ibrahim in the recent Belanjawan 2024, is foreseen to greatly support high technology and capital incentive projects which will directly nurture Perak and further spur the conducive business environment for investors, targeting especially the niche sectors.”

While Datuk Wira Arham Abdul Rahman, CEO of MIDA in his opening speech, highlighted, “Perak is a region brimming with potential, boasting manufacturing, agriculture, and tourism sectors. Hubs like the Automotive High-Tech Valley (AHTV) and Lumut Maritime Industrial City (LuMIC) are driving investments and job creation, reflecting our commitment to progress.”

“In the first half of 2023, Malaysia achieved a remarkable RM132.6 billion in approved investments across the manufacturing, services and primary sectors. It is worth noting, as at 30 June 2023 this state has garnered over RM22.3 billion in realised investments from a total of 283 manufacturing projects, creating more than 22,000 jobs. For instance, esteemed companies such as Toyo Tire Malaysia, Coherent Malaysia, Murata Electronics, and Hume Cement, are among many who have made their marks in Perak,” Datuk Wira Arham added.

“The region is abundantly blessed with natural resources, and both local and federal agencies are offering enticing incentives, making it highly attractive for potential investors. Moreover, Perak boasts robust infrastructure, excellent connectivity, and a competitive cost of doing business when compared to neighbouring states. The untapped potential here is immense, presenting a promising prospect for businesses to thrive and prosper,” said YB Loh Sze Yee, Perak State Executive Council Member of Tourism, Industry, Investment and Corridor Development.

Perak’s State Government strategically prioritises key sectors like manufacturing, tourism, food security, and minerals beneficiation for sustainable growth. The focus on maximising the E&E supply chain in northern Perak, capitalising on the automotive sector and developing maritime industries in Lumut highlights the region’s dynamic potential. Additionally, Perak’s renowned eco-tourism offerings, including Royal Belum’s lush forests and the tranquil Pulau Pangkor, present enticing investment prospects. The State’s commitment to establishing a Halal Industrial Park in Lekir reflects its proactive stance in addressing food security challenges and ensuring a robust supply of Halal-certified products, bolstering regional food security amidst global complexities.

The ‘Invest Series – Perak: Unfolding Its Business Potentials’ programme was a significant success, offering in-depth insights into the available opportunities and outlining the support and facilitation provided to companies and prospective investors. Ultimately, this initiative is geared towards fostering quality employment opportunities for the local population, thus contributing to the state’s overall economic growth and prosperity. With its strategic location, thriving manufacturing sector, diverse economic clusters, and rich natural resources, Perak remains one of the promising investment destinations in the country.  MIDA is dedicated to supporting and facilitating investments in the state.

*****THE END*****

About MIDA:

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

About InvestPerak

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

FOR MORE INFORMATION, PLEASE CONTACT:

MIDA

En. Sukri Abu Bakar

Director, Domestic Investment Division

Tel:  +603-22673685

Email: [email protected]

InvestPerak

En. Mohamad Hashim bin Abdul Ghani

Chief Executive, Invest Perak    

Tel.: +605-529 2447

Email: [email protected]

Perak’s Business Potentials and Investment Opportunities, Shines In MIDA Invest Series

Bintulu, 20 October 2023 – LONGi Malaysia held a groundbreaking ceremony for its new Samalaju plant, situated on a 125-acre site, today. The ceremony was officiated by the Deputy Premier of Sarawak, Datuk Amar Haji Awang Tengah Ali Hasan, who is also the state’s Minister for International Trade and Investment. The event was also attended by other government officials including from the Malaysian Investment Development Authority (MIDA), as well as Mr. Li Wenxue, Vice President of LONGi Green Energy Technology Co. Ltd., and key stakeholders.

Datuk Wira Arham Abdul Rahman, the Chief Executive Officer of MIDA, expressed his congratulations to LONGi for reaching another remarkable milestone in their ongoing development in Malaysia, following their recent announcement in Serendah, Selangor. “We extend our heartfelt congratulations to LONGi for their commitment to advancing Malaysia’s electrical and electronics (E&E) industry. The substantial investment for the new Samalaju plant further underscores Malaysia’s position as a prime hub for comprehensive solar ecosystem manufacturing. This investment and unwavering commitment to sustainable practices align seamlessly with the objectives set forth in our nation’s New Industrial Master Plan (NIMP) 2030. It is also a testament to the company’s confidence in the capabilities of our local talent, including highly skilled engineers and technicians. We are hopeful that LONGi’s pioneering efforts will serve as a shining example for the entire industry, inspiring others to follow suit and contribute to our collective growth and success”.

Meanwhile, Mr. Li Wenxue, Vice President of LONGi Green Energy Technology Co. Ltd.,in his speech, said, “As global demand for renewable energy continues to grow, solar power generation has gradually become a mainstream clean energy source. Many countries have established relatively complete solar power generation systems. With the advancement of solar technology, the cost of solar power generation is gradually decreasing and becoming more and more economical. The solar industry has huge development potential and will make an important contribution to the global energy transformation.”

He pointed out that in 2016, LONGi Group inaugurated its very first overseas base in Kuching, which is also the world’s first vertically integrated monocrystalline silicon solar manufacturing base.

Owing to Kuching base’s smooth sailing operations, LONGi deployed its second major investment project in Sarawak. This project is the first solar manufacturing factory in Bintulu Samalaju Industrial Park (SIP). The Bintulu monocrystalline ingot manufacturing project covers an area of 125 acres, with a forecast investment of RM1.3 billion, equivalent to approximately RMB2 billion.

In a press release, LONGi said SIP was chosen due to its proximity to its raw materials supplier and deep-sea port, as well as for its affordable and sizeable industrial lands. It will have a capacity of 6GW and the production is expected to begin at the plant in the first quarter of 2024.

The new project will hire 1,213 new employees, of which at least 90 per cent are to be filled by locals and 20 per cent will cater for positions in science, technology and engineering. LONGi is committed to sharing science and technology achievements, providing advanced technical training and management experience and other support, and cultivating high-quality talents with an international perspective locally through joint research, talent training, and improving science and technology innovation capabilities. At present LONGi has hired 4,461 employees in Kuching.

-ENDS-

About MIDA

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

About LONGi Green Energy Technology Co., Ltd.

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 media enquiries, please contact:

MIDA

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

LONGi

Ms. Chong Wai Ling
Admin Manager, General Manager’s Office, LONGi Malaysia
T: +6082-530800
E: [email protected]

Longi Malaysia Breaks Ground on Its New RM1.3 Billion Bintulu Samalaju Plant

• Phase One is set to have a potential annual production capacity of 30,000 vehicles
• Generating an estimated 1,000 new jobs in Melaka and strengthen the local automotive industry, accelerating Malaysia’s vision to become regional EV and EEV hub

KUALA LUMPUR, 20 October 2023 — Main Market-listed EP Manufacturing Berhad (“EPMB” or “Group”) has announced a ground-breaking step in the automotive industry with the initiation of its pioneering automotive manufacturing facility in Melaka. This strategic move is part of EPMB’s commitment to establishing a manufacturing hub for energy-efficient vehicles (“EEVs”) and electric vehicles (“EVs”) in Malaysia, contributing significantly to the global shift towards sustainability.

The establishment of the new facility will unfold in several phases at the HICOM Pegoh Industrial Park, marked by a substantial investment of over RM100 million. This project is poised to create around 1,000 new job opportunities in the state of Melaka, bolstering the state’s growing significance within the regional and global EV industry. Upon completion, the first phase of this new facility will have the capacity to produce up to 30,000 vehicles a year.

Today’s ground-breaking ceremony was witnessed by YAB Datuk Seri Utama Ab Rauf Yusoh, the Chief Minister of Melaka, alongside Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, Senior Executive Director, Investment Policy Advocacy, of the Malaysian Investment Development Authority (MIDA) representing Datuk Wira Arham Abdul Rahman, the Chief Executive Officer of MIDA.   

Datuk Wira Arham Abdul Rahman, CEO of MIDA, applauded the company’s latest milestone and said, “Congratulations EPMB and BAIC for the strategic collaboration in shaping the future of sustainable mobility. Such collaboration with BAIC is a testament of their confidence in Malaysia’s attractiveness as an investment destination and underscores the nation’s cutting-edge automotive manufacturing capabilities, with EPMB leading the way. This new manufacturing facility, dedicated to EEVs and EVs, perfectly aligns with the Low Carbon Mobility Blueprint (LCMB), National Automotive Policy (NAP) 2020 and Malaysia’s New Industrial Master Plan 2030 (NIMP 2030) aspirations. These policies are rooted in harnessing opportunities in ESG sensitive markets and swiftly adopting technology to enhance the technological ecosystem of our manufacturing sector and Malaysia’s commitment towards sustainable transportation.”

Mr. Ahmad Razlan Mohamed, Group Chief Executive Officer of EP Manufacturing Berhad, expressed, “We are excited to share news of the initiation of our inaugural automotive manufacturing plant. The establishment of an EV manufacturing facility is a pivotal step in realizing our comprehensive vision of developing a 360° supply chain for Malaysia’s EV market. Collaborating closely with our strategic partner, BAIC, we are poised to construct a cutting-edge EV manufacturing facility in Melaka, heralding the commencement of the next chapter in our growth trajectory. Additionally, we are keenly looking forward to collaborating with GWM, our esteemed customer, in contributing to position Malaysia as a central hub for EV and EEV in the ASEAN region.”

This milestone project for the Group solidifies EPMB’s strategic partnership with BAIC International Development Co Ltd (“BAIC International”), a Fortune Global 500 company and a major player in China’s automotive industry. EPMB signed a Memorandum of Understanding (“MoU”) with BAIC International in August, paving the way for local production of BAIC’s BJ40P and X55II sport utility vehicles (“SUVs”), right-hand drive (“RHD”) internal combustion engine (“ICE”) vehicles, and EVs. EPMB also expects to assemble vehicles for Great Wall Motor Sales Malaysia Sdn. Bhd. (“GWM Malaysia”), a subsidiary of Great Wall Motor Co., Ltd. (“GWM”) at this plant, based on the MoU which was signed by both parties on October 18, 2023.

EPMB received approval for a Manufacturing License from Malaysia’s Ministry of Investment, Trade, and Industry (MITI) on July 11, 2023 allowing the manufacture and assembly of four-wheel EEVs, EVs, and electric commercial vehicles.

Malaysia has successfully secured RM26.2 billion in approved investments for the EV sector through 59 projects from 2018 to 1H2023. The Government, through MITI and MIDA, is dedicated to facilitating investment opportunities and promoting growth in the EV automotive segment.

-THE END-

About MIDA

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

About EP Manufacturing Berhad

Listed in 1997, EP Manufacturing Berhad (“EPMB”) is an industrial group advancing the future of sustainable mobility. A trusted Tier-1 automotive supplier, EPMB operates five plants and factories strategically located across Malaysia, supplying modular assemblies, safety and critical components to carmakers including PROTON, Perodua, Honda, Mazda, Toyota & Kia.

With over 40 years of technical expertise and alliances with world-class partners, EPMB is positioned to empower the automotive industry as it navigates a new era. Aiming to be a leading automotive player, EPMB is providing a 360° supply chain for Malaysia’s electric vehicle (EV) market, spanning manufacturing, assembly, sales, and marketing of EVs. Under this initiative, EPMB is partnering with major automotive players to manufacture, assemble and distribute EVs, such as Blueshark electric scooters, in Malaysia and other Southeast Asian markets.

Beyond the mobility industry, EPMB is actively pursuing strategic opportunities in other sectors inclusive of property development and tourism. EPMB’s property subsidiary, Kensington Development, is expected to launch its first project in Taman Seri Pelangi, Kota Kinabalu, in Q1 2024.

For further media enquiries, please contact:

MIDA

Mr. Mohd Riduan Abd. Rahman
Director or Transportation Technology Division
Tel.: +603-2267 6634
Email: [email protected]

Sense Consultancy on behalf of EP Manufacturing Berhad 

Mr. Anthony Lee
Tel: +6012 338 3705
Email: [email protected]

EPMB Announces New Car Manufacturing Facility in Melaka

Kuala Lumpur, October 10, 2023 – The Malaysian Investment Development Authority (MIDA) successfully hosted a seminar today at MIDA Sentral, Kuala Lumpur, aimed at bolstering local machinery and equipment (M&E) companies’ competitiveness to enhance the supply chain ecosystem for multinational corporations (MNCs) and large local companies (LLCs). The event gathered over 160 participants from the private and public sectors, including financial institutions, to provide information on government facilitation programmes for M&E companies and offer insights into financial institutions’ support for adopting emerging technologies. The seminar also aimed to integrate local companies into the supply chains of MNCs and LLCs.

The event was inaugurated by Ms. Lim Bee Vian, the Deputy Chief Executive Officer (DCEO), Investment Development of MIDA. It featured a panel discussion on “Sourcing and Supply Chain Opportunities” with speakers from anchor companies in the M&E industry, including Lam Research International Sdn. Bhd., Cohu Malaysia Sdn. Bhd., Genetec Technology Berhad, and JF Microtechnology Sdn. Bhd. These industry leaders shared insights on sourcing and supply chain opportunities in Malaysia.

Supported by the Machinery and Engineering Industries Federation (MEIF) and Malaysia Productivity Corporation (MPC), the event featured a consultation clinic that connected participants with industry experts, fostering opportunities for fresh partnerships and collaborations. With over 75 companies participating, this clinic is proven to be an invaluable inclusion. Additionally, MEIF presented on “Capacity Building Towards Global Competitiveness” while financial institutions and MIDA shed light on available financing options and government facilitation.

MIDA Deputy Chief Executive Officer of Investment Development, Ms. Lim Bee Vian, in her welcoming remarks, emphasised “Given the complex and dynamic nature of the future of manufacturing, it is important for us to strengthen the partnerships within the local manufacturing ecosystem in order to pool resources, share risks and increase adoption rates. There are many of our local companies with capabilities, from serving as contract manufacturers to Original Equipment Manufacturers (OEMs). They offer a sophisticated ecosystem with world-class R&D, design, and engineering capabilities. While we may not be present in every part of the global value chain, we aim to occupy critical segments where we can add value and remain resilient against competitors who rely solely on cost advantages.” 

She also highlighted on the Government’s latest funds amounting to RM235 million to drive automation, digitalisation, and sustainable ESG practices, namely the Domestic Investment Accelerator Fund (DIAF), Foreign Investment Accelerator Fund (FIAF), and MADANI Smart Automation Grant (SAG MADANI), stated “The Government is confident that these funding facilitations will propel our nation towards the vision of a sustainable and dynamic industrial ecosystem. With the facilitation by MIDA, these funds will empower businesses especially local SMEs and Mid-Tier Companies to innovate, expand, integrate in the technologically evolving global supply chain and actively contribute to our nation’s economic progress. As such, I urge all of you to explore these funding facilitations to elevate your business growth.”

The New Industrial Master Plan 2030 (NIMP 2030), launched on the 1st September 2023, emphasis on encouraging the industry to innovate and produce more sophisticated products to boost economic complexity. This strategic focus will lead Malaysia to transition to higher value-added activities, moving beyond traditional manufacturing models towards an innovation-driven manufacturing hub. This concept is closely related to supply chain in several ways whether it be on diversification of supply sources, global supply chain integration, and market access.”

Mr. Sebastian Butz, Supply Chain Director Asia of Cohu Malaysia Sdn. Bhd., commended the seminar for encouraging local companies to enhance competitiveness, stating, “This seminar serves as an exceptional platform to elevate the competitiveness of local firms, enabling them to contribute sustainable innovations for the future of Malaysia’s industrial development. It provides an excellent platform to enhance local companies’ competitiveness in providing sustainable innovation for the future of Malaysia’s industrial development.”

Dato’ Foong Wei Kuong, Managing Director of JF Technology Berhad, stated the importance of a world-class supply chain. He explained, “Having a world-class supply chain is pivotal for industries and the nation’s continued prosperity. Malaysia assumes a crucial role in the global semiconductor value chain, attracting foreign direct investments through its established supply network including the M&E. M&E stand as the cornerstone for moving up the value chain, and investments in cutting-edge technologies and nurturing talent are essential to remain competitive.”

“For us at JF Technology Berhad, we remain focused on investing and upgrading our capabilities while fostering future talents in order to further cement Malaysia’s position in the global semiconductor industry”. He expressed sincere appreciation for the unwavering support provided by MIDA, which has allowed Malaysia’s semiconductor industry to thrive.

Mr. Chin Kem Weng, Founder and Managing Director of Genetec Technology Berhad, highlighted, “Throughout Genetec’s 25-year journey, our collaboration with MIDA has been pivotal in elevating our homegrown company onto the global stage. MIDA’s unwavering support significantly fueled our business growth. Today’s insights and fruitful event are particularly relevant to support local players strive to enhance their processes and products as well as remain competitive in emerging segments like e-Mobility and renewable energy. This includes adapting to new regulations, policy and targets such as outline in the Low Carbon Mobility Blueprint 2021-2030 and Low Carbon Nation Aspiration 2040. Genetec is pleased to share insights on how collaborations between industries, companies, and agencies can foster growth for everyone.”

This collaborative effort, showcased through the seminar, will effectively propelled the M&E industry towards enhancing competitiveness and fostering a world-class supply chain. The Malaysian Government and relevant agencies are committed to supporting the local supply chain’s development, crucial for nurturing an innovation-driven manufacturing hub and a conducive business environment.

*****

About MIDA

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

For More Information, Please Contact:

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

MIDA Spearheads DDI Initiative Through Enhancing Competitiveness in the Machinery and Equipment Industry Towards Developing World Class Supply Chain Seminar

• UAE’s clean energy powerhouse signs MoU with Malaysian Investment Development Authority (MIDA) for 10GW of renewable energy projects to include ground mounted and rooftop solar, floating solar, onshore wind and battery energy storage systems.

• Ahead of the UAE hosting COP28, development demonstrates Masdar’s market expansion in Southeast Asia and commitment to supporting Malaysia’s net-zero goals.

• Masdar to invest US$8 billion to support Malaysia’s clean energy transition.

Abu Dhabi, 09 October, 2023 – Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to invest US$8 billion for up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia’s sustainable energy transformation.

The collaboration marks an important milestone in the pursuit of a sustainable and greener future for Malaysia. MIDA will facilitate Masdar to develop up to 10 gigawatts (GW) of renewable energy projects by 2035, to include ground mounted, rooftop and floating solar power plants, onshore wind farms and battery energy storage systems.

The signing was witnessed by the Prime Minister of Malaysia, The Honorable Dato’ Seri Anwar Ibrahim; HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate; HE Ahmed bin Ali Al Sayegh, UAE Minister of State; Malaysia’s Minister of Investment, Trade and Industry (MITI), HE Senator Tengku Datuk Seri Utama Zafrul Aziz; Malaysia’s Minister of Foreign Affairs, HE Dato’ Seri Diraja Dr Zambry Abdul Kadir; and the Ambassador of Malaysia to the UAE, HE Datuk Seri Ahmad Fadil bin Shamsuddin.

The MoU was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Datuk Wira Arham Abdul Rahman, Chief Executive Officer of MIDA.

HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President-Designate, said “This important agreement will see the UAE and Malaysia deepen our partnership in the development of renewable energy, directly supporting the nation’s National Energy Transition Roadmap. Ahead of the UAE hosting COP28, it further demonstrates Masdar’s and the UAE’s commitment to supporting countries across the world, decarbonising economies at home and abroad, for a just and inclusive energy transition.”

HE Senator Tengku Datuk Seri Utama Zafrul Aziz, the MITI Minister said, “It is imperative that we further strengthen Malaysia-UAE bilateral ties and relationship across various industries to help us navigate global uncertainties and identify opportunities that are of mutual benefit to both nations. The UAE – particularly through Masdar – has set a commendable example in its national pursuit of sustainability, with its recognised leadership in clean energy, low-carbon and nature-based solutions. As such, we welcome Masdar’s potential investment of up to USD8 billion, with a capacity of up to 10GW in Malaysia’s renewable energy sector. This MIDA-Masdar collaboration is in perfect alignment with the objectives stipulated in our New Industrial Master Plan 2030 (NIMP 2030) and the National Energy Transition Roadmap (NETR) in achieving sustainability and energy security for Malaysia’s industrial transformation.”

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, added “As a global clean energy pioneer with a proven track record in the commercialisation and deployment of renewable and clean energy projects, Masdar is proud to play our part in helping Malaysia achieve its ambitious target of 70 percent renewable energy installed capacity and net-zero emissions by 2050. We will bring all our expertise in delivering robust projects, that utilise cutting-edge technologies and generate much needed energy efficiently, to advance Malaysia’s renewable energy goals.”

Datuk Wira Arham Abdul Rahman, the Chief Executive Officer of MIDA, commented: “Our partnership with Masdar represents a pivotal stride in realising Malaysia’s sustainable energy aspirations. It underscores our commitment to driving positive change and embracing the transition towards a greener, more sustainable future. MIDA has proactively and enthusiastically engaged with industry partners in the country to foster innovation and cultivate solutions that are aimed at reducing carbon emissions. Our efforts are not limited to the present; they extend into the future, as we recognise the growing importance of renewable energy sources.”

Established in 2006, Masdar is active in more than 40 countries with a total electricity generation capacity of more than 20GW. It has invested, or committed to invest, in worldwide projects with a combined value of more than USD30 billion with ambitious growth plans to reach 100GW and 1 million tonnes of green hydrogen by 2030.

*****

About Masdar

Abu Dhabi Future Energy Company (Masdar) is the UAE’s clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.

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 channels.

Contacts:

For Masdar media inquiries, please contact: [email protected]
For more information please visit: http://www.masdar.ae and connect: facebook.com/masdar.ae and twitter.com/masdar

For MIDA media inquiries, please contact:
Mr. Faizal Jalaludin
Director, Foreign Investment Division
E: [email protected]
T: +603-22676650

Masdar Signs MoU with Malaysia to Develop Up to 10GW of Renewable Energy Projects

This paves the way for Malaysia to become a formidable ‘Asian Digital Tiger’ by 2025 with an additional investment of RM234 million (USD 50 million)

Malaysia, 10 October 2023 – NTT Ltd. a leading IT infrastructure and services company, through NTT Global Data Centers Corporation (a subsidiary of NTT Ltd.), announced the launch of its new data center in NTT Cyberjaya campus today. This facility, an investment of over RM 234 million (USD 50 million), aligns with Malaysia’s digital growth vision, aiming for Malaysia to be an ‘Asian Digital Tiger’ by 2025.

CBJ6, the sixth data center on NTT’s campus, has a critical IT load of 7MW, 4,890m² of space, two 33kV substations with diverse power reception and advanced cooling wall technology to maintain a stable environment for high density racks up to 15kW. CBJ6 complements the Cyberjaya 5 (CBJ5) Data Center, built in 2021, the combined facility has 20,000m² of space and a facility load of 22MW.

Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), extended his congratulations to NTT on the successful completion of this significant project, stating, “NTT’s continuous expansion in Malaysia is a strong testament to the company’s confidence in Malaysia’s capability as a data center hub in the region. Aligned with the New Industrial Master Plan 2030 (NIMP 2030), MIDA will continue to attract strategic high-tech projects that will position Malaysia as a digitally connected nation, characterised by extensive and reliable digital infrastructure. Asia’s rapid growth, amid economic uncertainty in developed economies, has led multinational companies to increase digital investments to support their expanding businesses in the region. Malaysia has garnered a strong reputation in the global data center sector, particularly in the Southeast Asia region. The country’s projected data center market size is estimated to grow at a Compound Annual Growth Rate (CAGR) of 16.15% between 2022 and 2027 and is forecast to increase by USD2,908.1 million (RM13.68 billion), according to the “Malaysia – Data Center Market 2023-2027” report published by Technavio.”

“After enduring several years of the pandemic, companies worldwide are now swiftly moving to make up for lost time. Particularly in Southeast Asia, many hyperscalers are keenly interested in establishing a robust IT platform. They recognise that by selecting NTT as their partner—a company with longstanding responsibility for managing networks, submarine cables, and data centers in Asia, they can address many challenges and drive their business effectively”, said Takeshi Kimura, Managing Director of NTT Global Data Centers Holding Asia.

Commenting on NTT’s connection with Cyberjaya, Ho Yee Chung, Managing Director of NTT Global Data Centers Malaysia, said, “Over the past two decades, NTT Cyberjaya campus has evolved in sync with Malaysia’s digital growth. NTT Global Data Centers Malaysia proudly maintains 24/7 high availability, thanks to our skilled team of 60 engineers and operators. With CBJ6’s launch, we believe we’re the prime provider of data center services, offering modern facilities and expertise that the hyperscalers in Malaysia need.”

Speaking about the launch, Doug Adams, CEO and President NTT Global Data Centers & Submarine Cable, said, “NTT’s expansion in Cyberjaya demonstrates our consistent capacity expansion in existing and new data center markets. The five Cyberjaya data centers have already empowered hyperscale enterprises, and with this new site, we reaffirm our commitment to delivering reliable infrastructure that can support the demands of our clients’ digital transformation ambitions in Southeast Asia. With their demand involving the acceleration of generative AI, our data center capacity (including planned) will soon reach 2,000 MW worldwide”.

The soon-to-commence submarine cable MIST, constructed by NTT as one of the shareholders, is poised to revolutionise connectivity at the NTT Cyberjaya Data Center, elevating Malaysia’s global network connectivity and contributing to sustainable socio-economic growth. Spanning an impressive 8,100 km, it will seamlessly connect Malaysia, India, Singapore, and Thailand, boasting a 12-fiber pair capacity capable of transmitting over 200 TBPS of data.

– End –

About MIDA

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

About NTT Ltd. 

As part of NTT DATA, a USD 30 billion IT services provider, NTT Ltd. is a leading IT infrastructure and services company serving 65% of the Fortune Global 500 and more than 75% of the Fortune Global 100. We lay the foundation for organizations’ edge-to-cloud networking ecosystem, simplify the complexity of their workloads across multicloud environments, and innovate at the edge of their IT environments where networks, cloud and applications converge. We offer tailored infrastructure and ensure consistent best practices in design and operations across all of our secure, scalable and customizable data centers. On the journey towards a software-defined future, we support organizations with our platform-delivered infrastructure services. We enable a connected future.

Visit us at services.global.ntt

Media Enquiries:

MIDA
Ms. Rosedalina Ramlan
Director of Business Services and Regional
Operations Division
Email: [email protected]
Tel.: +603-2267 3515

Redhill Communications on behalf of NTT Ltd.
[email protected] 

NTT strengthens commitment to Malaysia with the launch of Cyberjaya 6 (CBJ6) Data Center

KUALA LUMPUR, 6 October 2023 – The Malaysian Investment Development Authority (MIDA), in collaboration with the Malaysian Photovoltaic Industry Association (MPIA), UOB Malaysia and North Consult Engineering, hosted a pioneering seminar on solar energy at the Kuala Lumpur Convention Centre (KLCC) in conjunction with the International Greentech & Eco Products Exhibition and Conference Malaysia 2023 (IGEM 2023). The seminar was a resounding success, generating RM2.3 billion in investment leads which contributes 90% to MIDA’s target for IGEM 2023. This is a testament to the country’s commitment to being at the forefront of green technology innovation, as businesses worldwide embrace the imperative of sustainability.

Themed “Elevate Your Green Profile: Smart Investment for Sustainable Business Growth,” the event drew attention as it marked the first-ever solar energy seminar at IGEM, reinforcing the exhibition’s status as Southeast Asia’s largest trade event for green technologies and eco solutions.

During the seminar, a distinguished lineup of experts in the field of solar energy provided comprehensive insights, ranging from industry trends to tax incentives, government-backed loans and specialised financing solutions. This facilitated a robust exchange of knowledge and strategies crucial for sustainable energy integration.

Ms. Lim Bee Vian, Deputy Chief Executive Officer (Investment Development) of MIDA, highlighted the critical role of green technology in elevating businesses’ ESG performance, creating a pathway toward sustainable and responsible growth. She stated, “Malaysia’s Green Plan is a comprehensive, nationwide movement aimed at advancing our country’s sustainable development agenda. The recently launched National Energy Transition Roadmap (NETR) and the New Industrial Master Plan 2030 (NIMP 2030) outline Malaysia’s path to a sustainable and inclusive energy future. These strategic moves aim to mitigate economic risks associated with ESG factors, increase Malaysia’s attractiveness as an investment destination, and ensure our exporters maintain access to ESG-sensitive markets.”

Mr. Davis Chong, President of MPIA took the stage to deliver the seminar’s closing remarks. He underscored the paramount importance of collaboration and innovation within the solar energy sector, stated “In an era where sustainable energy solutions are no longer an option but a necessity, it’s heartening to witness the vibrant discussions and shared commitment in this room. The solar energy industry is at the forefront of reshaping Malaysia’s green energy landscape, and collaboration is key. Together, we can drive positive change and create a brighter, cleaner future.”

Mr. Beh Wee Khee, Managing Director and Country Head of Commercial Banking, UOB Malaysia said that energy efficiency improvements are the low-hanging fruits that businesses can leverage to kick-start their sustainability efforts. “UOB Malaysia is proud to support IGEM 2023 as we believe stronger collaboration between banks and industry players can make a real difference. Beyond providing solutions and advisory services, we are here to be a partner for companies looking to transition to net-zero. Whether they are seasoned investors or small companies looking at capitalising on green technology to embark on a green journey, we have tailored the right solutions under our sector-focused financing frameworks to help them achieve their ambitions.”

Investors and industry enthusiasts were reminded of the critical role of consultancy services in driving progress within the electrical utilities, solar, and power plant industries. As the green technology landscape evolves, expert guidance from entities like North Consult Engineering Sdn. Bhd. continues to be a beacon for those embarking on their journey towards sustainable growth.

The collaborative spirit and shared commitment witnessed at the seminar today reinforce the pivotal role of the solar energy industry in reshaping Malaysia’s green energy landscape. Together, through continued partnership and innovation, Malaysia has the power to drive positive change and forge a brighter, cleaner future.

*****THE END*****

About MIDA:

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

About MPIA:

The Malaysian Solar Industry Association (MPIA), established in 2007, is a non-profit organisation recognised by the Ministry of Natural Resources Energy and Climate Change (NRECC) formerly known as KeTTHA. The MPIA is dedicated to provide a credible and representative platform for the Malaysian Solar industry. We envision that in the future everyone will be able to generate their own electricity via Solar PV. MPIA expresses the industry’s interests and delivers the relevant concerns to government and policy makers that shape the landscape of the Solar industry in Malaysia. MPIA’s strong voice comes from its members consisting of the Solar supply chain. This is inclusive of manufacturers, service providers, system integrators, consultants, an insurance provider, training providers and academicians. Our goal is to ensure the strong, efficient, ethical and professional growth of the Solar industry.

MPIA encourages industries connected to the Solar Photovoltaic industry to join us as the association members, whereby more industry information will be gathered and shared. Among others, the members of the association are entitled for a training discount and exclusive invites to the event organised by MPIA.

For more information, please visit us at https://mpia.org.my/membership-2/

About UOB Malaysia:

UOB Malaysia is rated among the top banks in Malaysia with a long-term AAA rating from Ratings Agency of Malaysia. It has over seven decades of presence in the country, and operates 55 branches nationwide, offering both conventional and Islamic banking services to its customers.

UOB Malaysia is a subsidiary of UOB, a leading bank in Asia with a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe, and North America. UOB has adopted a customer-centric approach to creating long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to helping businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

For further information, please visit www.uob.com.my.

FOR MORE INFORMATION, PLEASE CONTACT:

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

MPIA
Ms. Nik Nuratisha Nik Ibrahim
Senior Administration Officer
E Tel.: +603 – 6151 7227
mail: [email protected]

UOB Malaysia
Mr. Nizam Arop
Brand, Media and Communications
Email: [email protected]
Tel: 603-2638 6304/ 6017-333 6329

Ms. Sharie Elina Ibrahim
Brand, Media and Communications
Email: [email protected]
Tel: 603-2638 6589/ 6012-682 6300

MIDA’s Pioneer Seminar on Smart Investment for Sustainable Business Growth Garners Potential Investment Leads of RM2.3 Billion during IGEM2023

Kuala Lumpur, 27 October 2022 – Thamlev USA Ltd., a US-based company headquartered in Arkansas, has announced Malaysia as its manufacturing base in Southeast Asia for the production of electric bikes outside the United States. This new site will expand upon Thamlev’s existing manufacturing capacity and will help raising the profile and development of the electric vehicle (EV) sector in Malaysia. 

With a total investment project value at RM100 million in the Light Electric Vehicle (LEV), the company’s capital investment is set to transform the country into LEV hub such as eMoped, eMotorcycle, eMicrocar, for global market and generating approximately 750 of jobs opportunities in Malaysia.

In welcoming Thamlev to be part of the Malaysia’s EV ecosystem, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), Datuk Wira Arham Abdul Rahman, said, “We are excited to know that Thamlev is currently expanding and proposing Malaysia as a production hub for its light electric vehicle to be exported to the United States. Thamlev’s expansion into Malaysia is in line with our National Automotive Policy (NAP) with the aim to position Malaysia as a regional leader in EV manufacturing, engineering, technology and sustainable development. Identified as one of the key sectors under the National Investment Aspirations (NIA), Malaysia is committed to driving the growth of EVs and its entire ecosystem which in turn helps to elevate the EV landscape in Malaysia to become more competitive in the South East Asia.

“The Malaysian Government will strive to build a conducive environment for foreign and domestic industry players to do business in Malaysia, given the nation’s readiness to provide highly-skilled talents and capable technology partners.” Added Datuk Wira Arham.

Kelvin Tham, CEO of Thamlev Mobility Sdn. Bhd., said,” We aim at providing the most compelling LEV of the 21st century. Thamlev is dedicated to producing innovative, sustainable and attractive design of LEV. With our advanced research and development (R&D) department, we continue to pledge our commitment in sticking to the highest-quality LEV and focusing on driving the growth of Malaysia’s manufacturing sector, particularly in the LEV sector.”

“Aspired to be a hub of the LEV creation and innovation pioneer, we believe that a great organisation should equipped with the best talents, unique capabilities, creative thinking and technical skills in order to succeed in the competitive environment and constant development. Today, we make it happen; Thamlev is ranked no.5 with the annual sales of 4000 units in the United States, in 2022. We look forward to expand our footprint across the United States, Europe and ASEAN region in the near future.”

In December 2021, Thamlev has signed a memorandum of agreement (MOA) with NanoMalaysia, the commercialisation agency under the Science, Technology and Innovation Ministry (MOSTI) and Hyundai Kefico Corp. on EV Micro Mobility Ecosystem amounted to USD30 million. The adoption of EV micro mobility ecosystem will be the catalyst for the company to advance into LEV, in line with the global technological revolution.

Thamlev has also teaming up with Curo Co.,Ltd, Hyundai Electric and Energy Systems Co.,Ltd Daegu Mechatronics and Materials Institute and Signet EV to form a Battery Swap Station (BSS) consortium in Malaysia. Through this new technological adoption, Thamlev is anticipating to increase its annual production target up to 100,000 unit per year by 2025.

Thamlev’s new manufacturing base in Malaysia will serve as a central hub for the company’s research and development (R&D) process department, including the development of its full vehicle system design and integration, Gallium Nitride (GaN) based Power Train R&D and BSS equipment. It will also become the main manufacturing hub to export the LEV to the high-potential export market such as the US and the European markets beginning January 2023. Meanwhile, China will supply a wide range of general parts and bike frames. Adding on to this, Thamlev is also committed to empowering the graduates by working closely with prestigious universities in enhancing research collaboration and technology transfer such as Artificial Intelligence (AI) in autonomous driving and big data analysis.

MIDA has approved 25 projects totalling RM10.69 billion in the EV and its related ecosystems from 2020 to June 2022. The approved investments include the activity of EV assembly, manufacturing of EV parts and components and its charging components.

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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. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook, LinkedIn and YouTube channel. 

About Thamlev 

Thamlev USA Ltd was founded in 2020 in USA. In 2022, Thamlev has relocated its production base from China to Malaysia. Thamlev strives to provide the best quality of Light Electric Vehicle, designed in USA, made in Malaysia, using high quality materials, inspected and tested in our factory, ship and distribute to our dealers in USA.

Thamlev’s R&D and technical team are striving toward making the high-quality Light Electric Vehicle through our continuous investment in R&D activities, by the continuous growth and update of know-how in order to keep abreast with the latest technological revolution and industrial transformation. the resources of advanced research and development facility, Thamlev is moving forward to be a leading manufacturer in the Light Electric Vehicle industry. 

Media contact:

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

Thamlev Mobility Sdn Bhd
Mr. Owen Soh
General Manager
Email: [email protected]
Tel: +6012-26299071

Thamlev Chooses Malaysia As Its Manufacturing Base Outside USA For the Production of Light Electric Vehicle (LEV)