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Federal Oats Mills Embarks on A New Era of Oats ProductionWith State-Of-The-Art Plant

Kuala Lumpur, 21 September 2023 – Federal Oats Mills Sdn. Bhd. (FOM), a pioneering leader in the oats industry, is proud to announce a significant milestone as it inaugurates its cutting-edge oat processing plant. With a rich history dating back to its incorporation in 1965, FOM has continuously evolved and innovated, establishing itself as Southeast Asia’s first oat mill and now standing as the 13th largest exporter of oat products worldwide.

The cornerstone of FOM’s recent success lies in its strategic investments in advanced technologies. The plant has a total floor area of over 260,000 square feet and specialises in producing a diverse range of oat products including oat flakes, kilned dried hulled oats, oat bran, and oat flour. Over the past 15 years, FOM’s commitment to growth and innovation has led to a sevenfold increase in its milling capacity, backed by an investment of over RM135 million. Today, FOM operates at a milling capacity of 10 metric tons per hour, a testament to its dedication to meeting the rising global demand for high-quality oats.

YB Mr H’ng Mooi Lye, Penang State EXCO for Local Government and Town & Country Planning (representing Penang Chief Minister, Right Honourable Mr Chow Kon Yeow) stated, “FOM’s expansion is a testament to Penang’s sustainable investment location. Penang’s conducive environment not only allows industry players to participate and thrive but, also able to witness true commitments made to well-being of the state. I am optimistic for FOM facility’s capabilities to achieve greater heights for the years to come.”

Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) congratulates FOM on the realisation of its new modern oats processing facility, “The presence of this modern and fully automated facility aligns with the New Industrial Master Plan (NIMP 2030), which aims to encourage industries to shift away from labour intensive business models.”

“As one of the food processing leaders in Malaysia, FOM’s commitment to advancing its technology and production capacity also benefits the local vendors within its supply chain, creating positive social spillovers and improving local economies. In addition, its long-established Halal-certified oats products have opened up numerous opportunities within the global Muslim market, highly recognising Malaysia’s Halal certification. The increased capacity also aligns with the National Food Security Policy Action Plan, which aims to expand the accessibility and affordability of food, especially healthy food products. Malaysia is proud to be an international Halal production hub, as industry participants increasingly elevate into advanced food processing technologies for high standard of hygiene and food safety practices. We are looking forward to see FOM realising its “Captain Innovation Hub” in Malaysia and would be glad to facilitate necessary support.” he added.

Mr. Michael Chew Kian Hong, Deputy Managing Director of Federal Oats Mills Sdn. Bhd. reiterated “FOM will reinforce our capacity and product line strength, providing substantial room for growth and expansion to meet market needs. FOM has already, in the last three years, proven our strength in meeting the increasing demand of oatmeal and oat-based products in the region. I would like to emphasise that our company will continue to be deeply rooted in Penangas Penang has given us so much.”

“With 58 years of oat milling experience under our belt, we deeply commit to meeting demand and supply obligations, apart from corporate family commitments. We continue to be unyielding in pushing the limits of our own production, sales and marketing and human resource efficiencies. This commitment to innovation will continue to be the differentiating factor between us and the competition. At the same time, we want to do our part in helping to sustain our earth’s resources better for our future generations.” he added.

FOM’s commitment to automation and cutting-edge technology has allowed it to maintain impeccable control over the entire oat milling process, ensuring consistency and quality in every product it delivers to the market. This commitment to quality has been validated by its certifications from global food authorities, including FSSC 22000, ISO 22000 and HACCP, as well as Halal and non-GMO certifications.

From its inception, FOM demonstrated a commitment to excellence, quickly gaining recognition for its dedication to quality and innovation. In 1970, shortly after its establishment, FOM introduced the iconic Captain brand, which rapidly gained traction in the Middle East, as well as Southeast Asia market. This pivotal success paved the way for FOM to gradually expand its global export footprint, making Captain oats a household name in over 30 countries across the globe.

Looking ahead, FOM has ambitious plans for growth. Leveraging its new cutting-edge facility, FOM is looking to extend its reach into the rapidly growing plant-based beverage and meat industries.  FOM is also excited to unveil its visionary Captain Innovation Hub, which is slated for completion by 2028. This hub aligns seamlessly with the pursuit of healthier lifestyles, aiming to introduce a range of innovative oat products to the younger generation.

As FOM embarks on this transformative phase, it remains steadfast in its commitment to innovation, excellence, and customer satisfaction. The journey from its establishment in 1965 to its current status as a global oats industry frontrunner encapsulates its unwavering dedication and its relentless pursuit of excellence.

*****

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 http://www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channels.

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

About Federal Oats Mills Sdn. Bhd.
Federal Oats Mills is a pioneering oats industry leader with a rich history dating back to 1965. As Southeast Asia’s first oat mills and the 13th largest exporter of oat products worldwide, FOM has consistently demonstrated its commitment to innovation, quality, and customer satisfaction. With a state-of-the-art plant and a diverse range of oat products, including oat flakes, kilned dried hulled oats, oat bran, and oat flour, FOM continues to set the standard for excellence in the industry.

For more information, please contact:

MIDA
Ms. Manjit Kaur Balkar Singh

Director, Food Technology and Resource Based Industries Division
Email: [email protected]
Tel: +603 2267 3509

InvestPenang
Ms. Elaine Cheah/ Ms. Michelle Goy

Email: [email protected]/ [email protected]
Tel: +604 646 8833

Federal Oats Mills Sdn. Bhd.
Ms. Tan Yin Joo

Assistant Marketing Manager
Email: [email protected]
Mobile: +6012-514 8499
Website: https://mycaptainoats.com/

Federal Oats Mills Embarks on A New Era of Oats ProductionWith State-Of-The-Art Plant


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New York, Kuala Lumpur, 20 September 2023 – Alton Industry Ltd Group (Alton), a US-based global supplier of consumer and commercial tools, appliances, and floor care, is expanding its manufacturing and R&D base into Malaysia. The CEO of Alton Group, Mr. David Lu laid out the company’s vision to invest over RM2 billion in the next 7 years during a meeting with YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry Malaysia (MITI) in New York City. 

The construction of the new manufacturing facility has already begun. This new investment will also serve as a global R&D centre for the company’s new technology platforms. Once completed in 2024, Alton is poised for continuous expansion to bolster production capacity and cater to the diverse and ever-growing demand of its global customer base.

Tengku Zafrul warmly welcomed Alton’s significant global expansion, along with their Phase 1 investment commitment of RM500 million, “Alton Industry Ltd Group’s decision to expand its manufacturing and R&D base in Malaysia reflects their confidence in the country’s attractiveness as an investment destination. This commitment also perfectly aligns with the key targets of Malaysia’s recently launched New Industrial Master Plan 2030 (NIMP 2030), including the creation of an investment-friendly environment and the rapid embrace of technology to elevate our manufacturing sector’s tech ecosystem. It firmly establishes Malaysia as a global technology and innovation hub, underscored by new inventions and deeper collaborations between Alton and Malaysian SME industry players. We warmly welcome Alton’s investment and its potential for higher-paying, quality employment opportunities, particularly for Malaysians.”

Datuk Wira Arham Abdul Rahman, CEO of the Malaysian Investment Development Authority (MIDA) said “We are excited with Alton’s commitment to Malaysia, recognizing that their enduring presence in our nation will serve as a catalyst for fostering mutually beneficial collaborations with domestic industry players, particularly in the area of high value, high growth activities. As Alton established its roots in Malaysia, we anticipate it evolving into a pivotal industry partner for our country, contributing significantly to our economic growth and development. With this new partnership between MIDA and Alton, we stand ready to provide the necessary support to Alton, ensuring the seamless execution of their investment project in the country.”

Alton’s President and CEO, David Lu commented, “Alton is proud to expand its global footprint and to develop its operations in Malaysia with the planned opening of our new manufacturing facility in Johor Bahru. This new facility will enable us to support our global customers in all sectors we currently do business in and allows expand to other markets quickly. The incentives from federal, state and local governments we have in addition to the support of infrastructure make this a good investment for Alton.”

Alton produces a diverse range of commercial and consumer tools, hardware and equipment along with home appliances and floor care markets. Alton does business in over 75 different countries with offices in China, Japan, Hong Kong, Europe and the United States of America (USA).

*****

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 Alton

Alton is one of the world’s leading suppliers of tools and power equipment. With operations spanning three continents, Alton delivers Innovative Solutions for Everyday Tasks for retailer, brands and consumers. It has over 25 years of leadership and experience in the development, manufacturing and distribution of high quality and performance driven products. For more information on Alton and the products and services we provide please visit www.altoncorporate.com or at our Linked In at www.linkedin.com/company/altoncorporate/

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

Alton
Ms. Aimee Pachecco

Marketing
Alton Industry Ltd Group
Email: [email protected] Tel.: +1 (630)-389-1030

Alton To Invest RM2 Billion on State-Of-The-Art Facility, Expanding Footprint In Malaysia


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Over 10,000 High-Impact Jobs to be in the Manufacturing Sector

  • Malaysia attracted RM132.6 billion (USD28.4 billion) of approved investments in services (RM82.4 billion or USD17.6 billion), manufacturing (RM44.9 billion or USD9.6 billion), and primary sectors (RM5.3 billion or USD1.2 billion).
  • Domestic Direct Investment (DDI) accounted for a substantial 52.2% or RM69.3 billion (USD14.8 billion) of the total approved investments, a commendable 58.2% increase year-on-year, while Foreign Direct Investment (FDI) contributed 47.8% or RM63.3 billion (USD13.6 billion).
  • Out of the RM69.3 billion, the services sector emerged as the clear frontrunner, commanding a significant share of RM54.5 billion (USD11.7 billion) in DDI.
  • Top five (5) sources of FDI led by Singapore (RM13.7 billion) (USD2.9 billion), Japan RM9.1 billion (USD2.0 billion), The Netherlands (RM9.0 billion) (USD1.9 billion) The People’s Republic of China (RM8.4 billion) (USD1.8 billion) and British Virgin Islands (RM7.1 billion) (USD1.5 billion).
  • Five (5) states that have recorded significant investment value to the total approved investments include Wilayah Persekutuan Kuala Lumpur (RM31.7 billion) (USD6.8 billion), Selangor (RM29.7 billion) (USD6.4 billion), Kedah (RM14.6 billion) (USD3.1 billion), Johor (RM14.2 billion) (USD3.0 billion) and Sabah (RM9.0 billion) (USD1.9 billion).
  • With an impressive number of 2,651 projects approved, an increment by 34.8% compared to the same period last year, the approved investments will generate 51,853 new jobs in the country.

Kuala Lumpur, 17 September 2023 – Malaysia has attracted a total of RM132.6 billion (USD28.4 billion) worth of approved investments in the services, manufacturing and primary sectors involving 2,651 projects from January to June 2023 and is expected to create 51,853 job opportunities in the country.

The investments are a vote of confidence in Malaysia’s economy and its offerings to investors, including:

  1. A Government that supports and develops pro-business policies, and continuously enhances the ease of doing business in Malaysia;
  2. A strategic location in Asia with strong growth potential;
  3. A trusted hub for ecosystem, supply chain, capital, talent, flows of goods and data; and
  4. Growing innovation capabilities.

YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, the Minister of Investment, Trade and Industry (MITI), said, “Despite global demand slowdown and a higher interest rate environment in key markets, Malaysia managed to attract approximately a similar amount of approved investments in 1H2023 year-on-year, reflecting confidence in the nation’s economic growth prospects. Notably, direct domestic investment increased by 58%, and represented over 52% of approved investments which, to us, is a clear vote of confidence in the MADANI Economy policies. The total approved investments are also set to create at least 50,000 jobs for Malaysians.”

“I am pleased with our achievement in 1H2023, securing RM132.6 billion, representing 60.3% of our annual target. This achievement closely mirrors our ten-year average of RM222.6 billion, emphasising our consistent efforts in attracting quality investments and driving economic growth. With stronger growth expected in the second half, I am confident we will be able to achieve our target for this year.”

“As various global supply chains shift to Asia, our key aim is to position Malaysia as a regional hub for both international companies and entrepreneurs seeking to expand their footprint in Asia. To that end, the recently unveiled New Industrial Master Plan 2023 (NIMP2023) represents a pivotal step in Malaysia’s journey toward sustainable industrial transformation and enhanced global competitiveness. NIMP2030 represents a whole-of- nation effort towards proactively integrating our SMEs into regional and global supply chains, as well as fostering improved economic cooperation with neighbouring nations. These are set to strengthen the investment ecosystem, fostering investor confidence and further edifying Malaysia’s position in the regional investment landscape,” added the MITI Minister.

Domestic Direct Investment (DDI) accounted for 52.2% of the total approved investment, or RM69.3 billion (USD14.8 billion). This is a remarkable surge of 58.2% from the same period in 2022, underscoring the competitiveness of local players. The strong performance of DDI was driven by investments in the services sector, particularly real estate and primary sector. The government’s commitment to ensuring quality housing for rakyat has been a major factor in this growth.

MITI and MIDA remain steadfast in their commitment to achieving a balanced blend of Foreign Direct Investment (FDI) and DDI. This balance is clearly demonstrated in the amount of FDI, which contributed 47.8%, or RM63.3 billion (USD13.6 billion) to the approved investments.

Singapore is the leading source of FDI with approved investments totalling RM13.7 billion (USD2.9 billion). The nation has also attracted quality investments from other countries, such as Japan (RM9.1 billion) (USD2.0 billion), The Netherlands (RM9.0 billion) (USD1.9 billion), the People’s Republic of China (PRC) (RM8.4 billion) (USD1.8 billion), and British Virgin Islands (RM7.1 billion) (USD1.5 billion).

Five states have recorded significant approved investments, namely Wilayah Persekutuan Kuala Lumpur (RM31.7 billion) (USD6.8 billion), Selangor (RM29.7 billion) (USD6.4 billion), Kedah (RM14.6 billion) (USD3.1 billion), Johor (RM14.2 billion) (USD3.0 billion), and Sabah (RM9.0 billion) (USD1.9 billion). Together, these top five states accounted for an impressive 74.9% of the total approved investments.

Malaysia’s Services Sector Led the Investment Wave with Diverse Sources

The services sector led the way in terms of investment approvals in Malaysia in the first half of 2023, with a total of RM82.4 billion (USD17.6 billion) approved, accounting for 62.1% of the total. A total of 24,747 new jobs are expected to be created in the services sector as a result of these investments.

The surge in investment in the services sector can be attributed to several factors, including Malaysia’s proactive efforts to diversify its economy beyond manufacturing, the robust growth of the digital economy, and the increasing demand for services such as logistics, healthcare, and education.

Of the total approved investments in the services sector, RM54.5 billion (USD11.6 billion) came from DDI, accounting for 66.1% of the total. The remaining 33.9% or RM27.9 billion (USD6.0 billion) were from FDI.

The real estate sub-sector was the largest recipient of investments in the services sector, with RM30.7 billion (USD6.6 billion) approved. Other major sub-sectors included information and communications (RM29.1 billion, USD6.2 billion) distributive trade (RM8.2 billion, USD6.2 billion), financial services (RM5.5 billion, USD1.2 billion), and utilities (RM3.8 billion, USD0.8 billion).

Datuk Wira Arham Abdul Rahman, CEO of MIDA stated, “Malaysia’s strong economic fundamentals and reputation for being stable, reliable and neutral allowed us to capture quality investments from diverse sources. The long-term prospects and outlook for the digital industry remains promising. Companies across a variety of industries continue to build capabilities in data, digitalisation and automation. There are also opportunities from the growing digital economy in Southeast Asia, including in fintech, cloud, cybersecurity and gaming. We anticipate a sustained demand for tech-related skills across all sectors in Malaysia.”

“Nevertheless, our journey towards the future also hinges significantly on our ability to align with global mega-trends, particularly in the context of environmental, social, and governance (ESG) practices. Implementing an ESG-based business model, especially by local SMEs, holds the potential to not only bolster competitiveness but also to amplify our presence within the global value chain, propelling the country into a future characterised by sustainable and responsible growth,” he added.

There was also a significant increase in investments in green technology, with RM1.3 billion (USD268.0 million) approved, reflecting a 21.9% year-on-year growth. These approved investments encompass diverse green technology initiatives, including renewable energy, energy conservation, waste management, green buildings, and services. This surge in green investments is poised for even further acceleration, aligning seamlessly with the objectives set forth in the National Energy Transition Roadmap (NETR).

Among the notable projects approved in the services sector, include GDS IDC Services (Malaysia) Sdn. Bhd., undertaking the establishment of a hyperscale data centre. Additionally, Seri Yakin Logistics Sdn. Bhd. is embarking on the development of a smart warehouse, inclusive of an e-fulfillment hub; and TNB Bukit Selambau Solar Dua Sdn. Bhd., advancing the renewable energy initiatives through their cutting-edge solar technology.

Malaysia’s Thriving Manufacturing Sector Performance

The manufacturing sector in Malaysia attracted a total of RM44.9 billion (USD9.6 billion) in approved investments in January to June 2023, accounting for 33.9% of the total approved investments across all sectors. This represents an increase of 2.5% from the RM43.7 billion recorded in the same period in 2022.

These investments are spread across 421 projects, set to generate an estimated 26,759 job opportunities. Of the total approved investments, RM33.9 billion (USD7.3 billion) came from FDI, with RM11.0 billion (USD2.3 billion) originating from domestic investments.

Notably, new projects accounted for RM22.9 billion (USD4.9 billion) of the total approved investments in the manufacturing sector, while RM22.0 billion (USD4.7 billion) stemmed from expansion/diversification projects. DDI was predominantly directed towards new projects, representing 59.6% of the total. FDI showed a balanced distribution between expansion/diversification and new projects, with 51.9% allocated to the former.

The majority or 58.1% of this expansion/diversification projects are in the electrical and electronic industry (E&E). The industry has taken a leading role, contributing a substantial RM10.9 billion (USD2.3 billion) to these projects. This aligns with preparations for the anticipated 2024 demand recovery, as projected by the World Semiconductor Trade Statistics (WSTS) Forecast of Global Semiconductor Sales1.

A notable example is Texas Instruments Malaysia Sdn. Bhd., with an investment of RM7.4 billion in semiconductor devices and high-performance integrated analog circuits. Moreover, 48.1% of FDI consisted of new projects, reaffirming foreign investors’ confidence in Malaysia as a preferred investment destination.

Other top-performing industries within the manufacturing sector include machinery and equipment (RM10.5 billion) (USD2.2 billion), transport equipment (RM4.6 billion) (USD1.0 billion), non-metallic mineral products (RM4.2 billion) (USD0.9 billion), and fabricated metal products (RM3.8 billion) (USD0.8 billion).

The approved investments in the manufacturing sector is expected to create a total of 26,759 potential job opportunities. Among these, a total of 10,892 (40.7%) high-impact jobs will be for the positions in management, professional/technical, supervisory, and skilled worker categories. The remaining distribution includes 10,698 (40.0%) in machine operators and assembly workers, 1,533 (5.7%) in sales, clerical, and other roles, and 3,636 (13.6%) in general workers.

Primary Sector Reflects Positive Trend

The primary sector secured RM5.3 billion (USD1.2 billion) in approved investments, constituting 4.0% of the total across sectors for the period from January to June 2023. Comprising 42 projects, it’s poised to create 347 new jobs, primarily in the subsectors of mining as well as agriculture and commodities.

Remarkably, the primary sector’s investment performance has seen an impressive surge of 22.5% compared to the previous year. Of these investments, RM3.8 billion (71.3%) originated from domestic sources, while foreign investments contributed RM1.5 billion (28.7%). The mining subsector experienced substantial growth, increasing by RM3.0 billion (150.2%), largely driven by a prominent Malaysian Government-Linked Company (GLC) subsidiary specialising in oil and gas exploration and development activities.

Doubling Efforts in Attracting Quality Investments

As of July 2023, there are a total of 860 projects with proposed investments of RM89.9 billion (USD19.8 billion) within MIDA’s pipeline. Of this proposed investments, 812 projects are from the services sector (RM26.4 billion) (USD5.8 billion), while 48 projects are from the manufacturing sector (RM63.5 billion) (USD14.0 billion), all of which fall under MIDA’s purview. In addition, a total amount of RM163.1 billion high potential investment leads are actively being negotiated by MIDA.

These proposed investments and lead projects are driven by Malaysia’s thriving digital economy, conducive innovation ecosystem and research and development (R&D), attracting companies and creating growth opportunities.

Notably, Malaysia’s competitive prowess shines on the world stage, ranking 27th in the 2023 IMD World Competitiveness Ranking. Within ASEAN, Malaysia secures an impressive second spot as the Most Competitive Country in the 2023 IMD World Competitiveness Yearbook, underscoring its enduring appeal for businesses and investors.

***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:

Ms. Fatmah Ahmad
Director of Corporate Communications Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected] | DL: +603-2267 2428

First Half 2023 Investments Inflow into Malaysia to Generate Over 50,000 Jobs


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  • Through a Collaborative Agreement, MIDA demonstrates significant support for ams OSRAM in Malaysia.
  • ams OSRAM continues the already announced strong investment into the design, development, and manufacture of wafer fabrication using 8-inch microLED wafers, which is under construction at Kulim Hi-Tech Park in Kedah
  • The cooperation between MIDA and ams OSRAM solidifies additional employment opportunities for Malaysians in the science and technical field for the region.
  • ams OSRAM has been present in Malaysia for over 50 years, with a strong manufacturing base, research and development activities, sales and marketing functions, global business center and IT service centers.

Premstaetten, Austria and Malaysia (September 11, 2023) — ams OSRAM (SIX: AMS), a global leader in intelligent sensing and emitting, and the Malaysian Investment Development Authority (MIDA) announce mutual support for the continued investment and expansion in Malaysia. Through a Collaborative Agreement, MIDA demonstrates significant support for ams OSRAM’s initiatives in Malaysia.

In 2022 ams OSRAM announced an approximately EUR 1 Bn global investment in manufacturing and R&D facilities and activities for state-of-the-art emitting technology for LED and microLED. As a testament to their commitment to Malaysia, ams OSRAM embarked on the construction of its first state-of-the-art and fully-automated 8-inch microLED manufacturing facility in Kulim, Malaysia, making the company the world’s pioneer in this arena. This facility broke ground in 2022 and the build-out and installation is progressing as planned.

Recently, in August, high level officials from the Ministry of Investment, Trade and Industry (MITI) and MIDA visited CEO Aldo Kamper at the ams OSRAM headquarters in Premstaetten, to understand the technology development approaches and the construction progress on the first fully-automated 8-inch microLED manufacturing facility for mass production in Kulim, Malaysia. Datuk Seri Isham Ishak, Secretary General, Ministry of Investment, Trade and Industry Malaysia (MITI) and Datuk Wira Arham Abdul Rahman, Chief Executive Officer, Malaysian Investment Development Authority (MIDA) accompanied by government officials visited ams OSRAM.

The Collaborative Agreement between MIDA and ams OSRAM solidifies the investment in Malaysia and a substantial number of additional employment opportunities for Malaysians in the science and technical field for the region. It also facilitates and supports ams OSRAM to carry out innovation programs in the field of technology. With the support of MIDA, ams OSRAM will continue to closely collaborate with local public research institutes, universities, colleges, and vendor development programs to advance technologies and implement use cases for Industry 4.0.

Datuk Seri Isham Ishak, Secretary General of MITI, expressed gratitude to ams OSRAM for its vote of confidence in Malaysia, stating, “ams OSRAM’s investment stands as a testament to the excellent economic partnership between Germany and Malaysia. We deeply appreciate the trust investors place in us. Malaysia’s aspiration is to become a global hub for business, innovation, and talent in advanced manufacturing aligning with our recently launched New Industrial Master Plan (NIMP2030). Given the rapid pace of change in the electronics industry, we must continuously introduce new initiatives.  MITI and MIDA are actively targeting more wafer fabrication players and their supply chains to consider Malaysia as a viable site for production. We will continue collaborating with firms like ams OSRAM to achieve mutually beneficial outcomes.”

Echoing these sentiments, Datuk Wira Arham Abdul Rahman, CEO of MIDA, remarked, “MIDA eagerly anticipates collaborating with ams OSRAM to harness Malaysia’s capabilities as a strategic supply chain hub, catering to the global market’s industrial needs. OSRAM’s new facility aligns perfectly with the type of investment Malaysia aims to attract and anchor: highly sophisticated manufacturing at the cutting edge of technology, positioning us at critical nodes in global supply chains. ams OSRAM’s investment not only aids us in achieving economic growth and creating quality jobs but also fortifies Malaysia’s R&D ecosystem. This translates to more job opportunities for local talents, spanning engineers, managers, technicians, and researchers, benefitting Malaysians across the board. MIDA looks forward to a strengthened partnership with ams OSRAM in the years ahead.”

“Enabled by the Collaborative Agreement with MITI and MIDA and our own announced investment, we are able to continue our commitment to Malaysia, a country that offers a highly-skilled workforce, excellent technology understanding and a strong commitment to safety and environmental standards,” commented Aldo Kamper, CEO of ams OSRAM. “Together with the Malaysian authorities and the people of Malaysia, we are dedicated to continue the development of cutting-edge technology and the corresponding manufacturing processes to industrialize these technologies at scale.”

In 2022, ams OSRAM celebrated 50 years in Malaysia. Over the course of this time, the company has developed a strong manufacturing base, research and development activities, sales and marketing functions, a global business center and IT service centers.

***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 ams OSRAM
 

The ams OSRAM Group (SIX: AMS) is a global leader in intelligent sensors and emitters. By adding intelligence to light and passion to innovation, we enrich people’s lives.


With over 110 years of combined history, our core is defined by imagination, deep engineering expertise and the ability to provide global industrial capacity in sensor and light technologies. We create exciting innovations that enable our customers in the automotive, industrial, and medical and consumer markets maintain their competitive edge and drive innovation that meaningfully improves the quality of life in terms of health, safety and convenience, while reducing impact on the environment.

Our around 21,000 employee’s worldwide focus on innovation across sensing, illumination and visualization to make journeys safer, medical diagnosis more accurate and daily moments in communication a richer experience. Our work creates technology for breakthrough applications, which is reflected in over 15,000 patents granted and applied. Headquartered in Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany), the group achieved over EUR 4.8 billion revenues in 2022 and is listed as ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).

Find out more about us on https://ams-osram.com

ams is a registered trademark of ams-OSRAM AG. In addition many of our products and services are registered or filed trademarks of ams OSRAM Group. All other company or product names mentioned herein may be trademarks or registered trademarks of their respective owners.

Join ams OSRAM social media channels: >Twitter  >LinkedIn  >Facebook  >YouTube

For further information:

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

Corporate Communications
Amy Flécher Hilary
Vice President
Tel: +43 664 881 62121
[email protected]
[email protected]
ams-osram.com

Media Relations
Hilary McGuinness Fernholz
Head of PR
Tel.: +49 151 27670184
[email protected]

Malaysian Investment Development Authority (MIDA) and ams OSRAM continue mutual support for advanced LED manufacturing in Malaysia


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KUALA LUMPUR, MALAYSIA – 7 September 2023 – CPL Aromas, the world’s largest fragrance-only fragrance house, is delighted to announce the grand opening of its state-of-the-art production facility in Pulau Indah, Malaysia, strategically located within the Selangor Halal Hub. The ceremony was graced by the presence of distinguished guests, including officials from the Malaysian Investment Development Authority (MIDA), Halal Development Corporation (HDC), CPL Aromas’ global staff, suppliers, agents and customers.

CPL Aromas, with a global presence spanning 18 international locations and a customer base extending to over 100 countries, takes immense pride in holding the prestigious Platinum award from EcoVadis, the world’s leading provider of business sustainability ratings. This accolade firmly positions CPL Aromas among the top 1% of companies within its category, emphasising its dedication to sustainable business practices. The establishment of the new production facility reflects the company’s commitment to business sustainability, with substantial investment directed towards enhancing Production, People and the Planet.

Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer (DCEO) Promotion and Investment Facilitation of MIDA, stated in his opening speech, “CPL Aromas’ Perfumes Plant in Malaysia embodies the spirit of knowledge-intensive manufacturing activities that we are developing. This fully automated plant is not just a symbol of innovation in our industry; it showcases Malaysia’s commitment to embracing cutting-edge technology and becoming a hub for technological advancement in the region, aligning perfectly with the New Industrial Master Plan 2030 (NIMP2030).” He further added, “We aim for Malaysia to be Asia’s Lifestyle Lab – a location for consumer care companies to churn ideas, design, and develop solutions for consumers in Asia and beyond.”

Mr. Thomas Wan, CPL Aromas’s Regional Managing Director, highlighted, “The factory is equipped with the latest technology and top-of-the-line machines, equipment, and facilities. Fragrances produced meet the highest standards of quality and excellence. The state-of-the-art production facility design and streamlined process flow achieve high production efficiency. Automated Guided Vehicle (AGV)/Warehouse Management System (WMS) automated warehousing is installed to enhance the efficiency and safety of transport and storage of raw materials in the goods-in area.”

“Apart from the advanced production machines, the facility is commissioned to protect the environment and reduce carbon footprints with facilities such as solar panels, cold-storage insulated walls and ceilings, rainwater harvesting system, wastewater treatment plant, energy-saving heat pumps, LED lightings and Clean-In-Place (CIP) cleaning process,” Mr. Thomas Wan further added.

Construction of the new production facility was completed in August 2022, followed by machinery, equipment and facilities installation. Trial production started in early June 2023 with full-scale production slated for the year-end. With a land area of 20,000 square metres and a built-up area of about 10,500 square metres, the facility has reserved land for future expansion. Its strategic location near Port Klang enables seamless importation of raw materials and efficient exportation of finished goods to regional markets. All ingredients used and finished products are Halal-compliant, with ongoing efforts to attain ISO9001 accreditation and Halal certification, reinforcing the company’s unwavering commitment to exceptional quality and compliance.

Mr. Thomas Wan also highlighted that the production facility serves the Malaysian market while exporting to other ASEAN countries. Due to its high level of automation, the planned workforce for the facility is just about 50 people, with the majority in the semi-skilled and skilled workers categories. Priority is given to local talents for employment and intensive training will be provided to ensure their success in contributing to the company’s endeavours.

From left to right: Puan Azlina Hamdan (Director, Life Sciences & Medical Technology Division, MIDA), Mr. Nick Picthall, CPL Aromas, Chief Operating Officer, Mr. Thomas Wan, Regional Managing Director, CPL Aromas, Mr. Sivasuriyamoorthy Sundara Raja, MIDA, Deputy Chief Executive Officer (Investment Promotion and Facilitation), Mr. Chris Pickthall, CPL Aromas, Chief Executive Officer, Yang Berusaha Encik Hairol Ariffein Sahari, Chief Executive Officer, Halal Development Corporation, YBhg. Dato’ Mathialakan Chelliah, Advisor & Mr. Wong Chun Sin, Director, CPL Aromas (Malaysia) Sdn. Bhd.

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About MIDA

MIDA is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. 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 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 CPL Aromas

CPL Aromas’ area of expertise is developing fragrances for Fine Fragrances, Personal Care, Fabric Care, Household Care and Air Care categories

Let’s Create Together

For further information, please contact: 

MIDA
Ms. Azlina Hamdan
Director, Life Sciences & Medical Technology Division
T: +603-2267 3791 | E: [email protected]

CPL Aromas
Mr. Kennedy Chua
General Manager, Malaysia Manufacturing
T: +603-3161 7128 I E: [email protected]

CPL AROMAS Announces the Grand Opening of its Fragrance Production Facility in Malaysia


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  • A 14MWp rooftop solar PV system to be installed at Toyo’s main buildings facilities, the largest of its kind in Kamunting, Perak.
  • This allows TTM to offset 12,195 tonnes of carbon dioxide annually.
  • The allowable capacity for solar PV systems under the NEM and SELCO programme has raised from 75% to 85% of maximum demand, which encourage more companies to adopt solar energy.

Kuala Lumpur, 28 August 2023 – Clean energy expert, Solarvest Holdings Berhad (“Solarvest” or the “Group”) has secured a new contract from Toyo Tyre Malaysia Sdn. Bhd. (“TTM”) to install a 14 megawatt-peak (“MWp”) rooftop solar photovoltaic (“PV”) system at its tyre manufacturing plant in Kamunting, Perak, the largest of its kind in the area.

Under the contract, the Group will undertake the engineering, procurement, construction, and commission (“EPCC”) works for the installation of solar PV system at the main buildings facilities covering a rooftop area of 96,000 square meters (“sqm”). With the expected generation of 14MWp of clean energy, it allows TTM to offset 12,195 tonnes of carbon dioxide annually.

Datuk Wira Arham Abdul Rahman, the Chief Executive Officer of Malaysian Investment Development Authority (“MIDA”), highlighted the strong dedication of TTM in maintaining sustainable operations. He emphasised, “As the world transitions to a low-carbon future and a greener economy, MIDA is taking steps to help businesses overcome the challenges and capture the opportunities on the green transition. We applaud TTM’s RE100 initiatives, which underscore their firm commitment to Environment, Social and Governance (“ESG”) principles within their corporate framework by collaborating with Solarvest to establish a rooftop solar PV system. This commitment aligns with our National Investment Aspirations (“NIA”) and the New Investment Policy “(NIP”), as well as the recently announced National Energy Transition Roadmap (“NETR”) which are crucial in nurturing sustainable growth and forging a greener future for Malaysia and rakyat.”

Executive Director and Group Chief Executive Officer of Solarvest, Mr. Davis Chong Chun Shiong (张俊雄) said, “We are delighted to have been chosen by TTM to undertake this project and appreciate the confidence they have placed in our technical expertise. With our knowledge and experience, we are confident in our ability to assist TTM in achieving optimal energy efficiency for the plant while ensuring timely project completion.”

“There is a growing interest in clean energy adoption, especially among commercial and industrial (“C&I”) players as corporate sustainability initiatives gain momentum and in anticipation of carbon pricing mechanisms. Our job pipeline remains strong with a tender book of approximately 2.2 gigawatts (“GW”) comprising large-scale power plants, C&I, and overseas projects. As a decarbonisation partner, Solarvest is committed to promoting energy transition through efficient renewable energy solutions and innovative green technologies” Mr. Davis concluded.   

Following the Malaysian government’s commitment to encouraging energy efficiency and renewable energy transition, the allowable capacity for solar PV systems under the Net Energy Metering (“NEM”) and Self-Consumption for Solar PV Installation (“SelCo”) programmes had raised from 75% to 85% of maximum demand. TTM’s sustainability initiative is commendable as one of the first companies to adopt this new capacity limit, leading to the development of one of Perak’s largest rooftop solar PV systems.

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

About Solarvest Holdings Berhad
Solarvest is a clean energy expert with a multi-national presence across Asia-Pacific. The Malaysia-based company started as a one-stop solar photovoltaic system solution provider for residential, commercial & industrial, and utility-scale solar farms. Today, Solarvest also owns renewable energy generation plants with a cumulative capacity of over 100MW (on-going and completed). The company is currently venturing into other clean energy solutions including, among others, energy efficiency, low-carbon mobility, and renewable energy certificates.

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

Released on behalf of Solarvest Holdings Berhad by Capital Front Investor Relations

For media enquiries, kindly contact:

MIDA
Mr. Nelson Samuel Wilson, Director of Green Technlogy
(E) [email protected]
(T) +603-22673635

Solarvest Holdings Berhad
Ms Khai Min Lim, Investor Relations Executive
(E) [email protected]

Ms. Yvette Foo, Senior Digital and PR Marketing Executive
(E) [email protected]

Solarvest Advances Toyo Tyre’s RE100 Initiative with Largest Rooftop Solar PV System in Kamunting, Perak


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Kuala Lumpur, 28 August – The Malaysian Investment Development Authority (MIDA) today announced the digitisation of three key certificates in the manufacturing sector: the Manufacturing Licence, Permit PDA Certificate and Pioneer Status Certificate. This initiative is part of MIDA’s ongoing digital transformation journey, which aims to streamline government processes and delivery systems as well as to improve the ease of doing business in Malaysia.

The digitised certificates will be available through the InvestMalaysia Portal (https://investmalaysia.mida.gov.my). This portal was launched in 2021 and has since assumed an important role in facilitating investments in Malaysia. The digitisation of these manufacturing certificates will further enhance the efficiency and accessibility of the InvestMalaysia Portal, making it easier for investors to obtain the necessary approvals and permits.

“The digitisation of manufacturing certificates within the InvestMalaysia Portal is a significant step towards modernising, rethinking and re-engineering public services. This improves the investor’s journey by offering a more inclusive, seamless, and personalised service, which is very much aligned to one of the objectives of the upcoming New Industrial Master Plan 2030. Through this digitalisation initiative, MITI, through MIDA are also aiming to contribute to improved accountability, transparency and cybersecurity, all of which will further reinforce Malaysia’s positioning as a digital hub for the region.” said YB Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI).

Datuk Wira Arham Abdul Rahman, CEO of MIDA said, “Through the implementation of an end-to-end automation application process, MIDA aims to achieve shorter processing time, improve our client charter commitment to investors, and complete our digital transformation goals in supporting the industry’s current and future needs. This is a statement of our ambition to better leverage data and harness new technologies, and to drive broader efforts to build a digital economy. It will allow MIDA to respond to investors’ needs more effectively. MIDA will continue to be innovative and lead the way with supportive facilitation that promotes ease of doing business.”

A standout feature of this initiative is the integration of the Digital Organisation Trustmark seal featuring both the renowned MITI Trustmark (featured in ML and Permit PDA certificates) and MIDA Trustmark (featured in Pioneer Status Certificate). These seals are seamlessly embedded onto the license certificates, strengthening the security of the document which aligns with the provisions of the Digital Signature Act (DSA) 1997 and the Digital Signature Regulation (DSR) 1998. Moreover, the digitally enhanced certificates will incorporate a secure QR Code, providing a means of verification that assures these documents’ authenticity, which users can scan using a verification tool.

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About MIDA

MIDA is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. 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 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. 

Media Contacts

MIDA
Mr. Norhizam Ibrahim

Director, Information Technology System Development Division
Email: [email protected]
Tel.: +603-2267 6611

MIDA’s Digitised Manufacturing Licence, Permit PDA and Pioneer Status Certificates to Enhance the Ease of Investors’ Business in Malaysia


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Dear InvestMalaysia Users,

Please note that we will be undergoing server maintenance, resulting in a temporary downtime, from 30th August 2023 (Wednesday) 7:00 pm to 31st August 2023 (Thursday) 8:00 pm.

During this time, the INvestMalaysia system will be unavailable. The maintenance is necessary to improve the performance and security of the system.

Thank you. for your patience and we sincerely apologize for any inconvenience this may have caused.

Notice of InvestMalaysia Server Maintenance


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MIDA has embarked on a digitisation initiative for its Manufacturing Licence, Permit PDA Certificate, and Pioneer Status Certificate. This is part of MIDA’s ongoing commitment to keeping up with the ease of delivery and ensuring that its online transactions are safe and secure.

The digitisation initiative includes strengthening the security and validity of documents through the use of digital trustmarks, namely the MITI Trustmark and MIDA Trustmark. These trustmarks will be embedded on these licence and certificates, and digital decision letters will be enhanced with a secured QR code. The digital documents can be verified for authenticity and integrity via eValidator, a mobile verification tool by Pos Digicert (available in the iOS App Store and Android Google Play). This also complies with the Digital Signature Act (DSA) 1997 and the Digital Signature Regulation (DSR) 1998.

The newly enhanced features will be made available through the InvestMalaysia Portal effective 1 September 2023 (Friday) via https://investmalaysia.mida.gov.my.

For any clarification, please do not hesitate to contact MIDA through the InvestMalaysia portal.

MIDA Embarks on Digitisation of Manufacturing Licence, Permit PDA, and Pioneer Status Certificates


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Kuala Lumpur, 7 Aug 2023 – EVE Energy Co. Ltd., a leading global lithium battery manufacturer, today announced the groundbreaking ceremony for its new manufacturing facility in Kulim, Kedah, Malaysia. The new factory, which will be EVE’s 53rd, will have an initial investment of USD422 million and will focus on the production of cylindrical lithium-ion batteries to support power tools and electric two-wheelers manufacturing in the country and across Southeast Asia.

The ceremony was attended by YB Dato’ Wira Dr. Ku Abd Rahman bin Ku Ismail, Senior State Exco of Industrial and Investment, Science, Technology and Innovation and Higher Education; Ms. Lim Bee Vian, Deputy Chief Executive Officer (Investment Development) of the Malaysian Investment Development Authority (MIDA); Mr. Noor Ikhsan Bin Abdul Aziz, Chief Operating Officer of Invest Kedah; Dr. Haji Nadzman Bin Mustaffa, President of Kulim Municipal Council (MPKK); Mr. Zhou Youbin, Chinese Consulate General in Penang; Mr. Joe Chen, Director of EVE Energy Malaysia Sdn. Bhd., as well as other distinguished guests.

In his speech, Yang Berhormat Dato’ Wira Dr. Ku Abd Rahman bin Ku Ismail, Kedah Senior State Executive Council Members (Industry & Investment), noted that the Kedah State Government through Invest Kedah Berhad as a One Stop Centre for investment is always ready to provide assistance and facilitate a smooth investment process, starting from pre-investment all the way through to post-investment stages. This hands-on or handholding approach is one of the ways we approach investors more friendly in order to provide the best service. He also hopes that EVE Energy will continue to expand its footprint in Kulim and achieve unparalleled success in its operations.

Ms. Lim Bee Vian, DCEO (Investment Development) of MIDA, said in her speech, “Today’s celebration marks a crucial milestone that not only benefits EVE but also paves the way for more companies to invest in Malaysia in EV industry and its ecosystems. By collaborating with industry leaders like EVE, we can foster an environment of innovation and technological advancement.” “This project aligns perfectly with our nation’s Twelfth Malaysia Plan (12MP) and the National Automotive Policy 2020 (NAP), as we are committed to achieving net-zero greenhouse gas emissions by 2050. By establishing this cylindrical battery manufacturing plant in Malaysia, we demonstrate our commitment to competitiveness in the international market”, highlighted Ms. Lim.

She further added, “Our robust ecosystem, supported by strong R&D and standards facilities (through agencies like SIRIM), along with a thriving components’ sub-sector, positions us to cater to the entire EV value chain.”

“Relying on EVE’s domestic advantages and operational experience, we will build a cylindrical battery production base in Malaysia to support the electric two-wheelers and power tools in Malaysia. This initial project will be constructed in phases, and the construction period will not exceed three (3) years. This is an important milestone for EVE to expand our global businesses, enhance our comprehensive competitiveness and to further grow our global market share. And most importantly, to let us contribute to the development of electrical power ecosystem in Malaysia,” said Mr. Joe Chen, Director of EVE Energy Malaysia Sdn. Bhd.

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

About EVE Energy Co. Ltd.

Established in 2001, EVE Energy Co., Ltd. (hereinafter referred to as EVE) was first listed on Shenzhen GEM in 2009. After 22 years of rapid development, EVE is now a global lithium battery company which possesses core technologies and solutions for consumer batteries, power batteries and energy storage batteries. More information about EVE’s products can be found at www.evebattery.com/en

Media Contacts

MIDA
Mr. Riduan Abdul Rahman

Director, Transportation Technology Division
Email: [email protected]
Tel.: +603-2267 6634

EVE Energy Malaysia Sdn. Bhd.
Mr. Joe Chan

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

EVE Energy Holds Grounbreaking Ceremony for Its Plant in Kulim, Kedah


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KUALA LUMPUR, 3 August 2023 – Recognising decarbonisation greatly fuels the rapid growth of power semiconductors, in particular those based on wide bandgap materials, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) (“Infineon”), a leader in Power Systems, is now taking a further step to shape the industry by significantly expanding its Kulim fab – over and above the original investment announced in February 2022. The company unveiled its plan to build the world’s largest 200mm SiC (silicon carbide) Power Fab. Infineon will invest additionally up to €5 billion over the next five years in Kulim in a second phase of the construction of module 3.

The Minister of Investment, Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Aziz said, “Infineon’s expansion of their world-class silicon carbide facility in Kulim represents a significant milestone in Malaysia’s journey towards developing advanced manufacturing capabilities. This expansion not only creates high-skilled employment opportunities, but also positions Malaysia as a frontrunner in driving green technologies, a crucial aspect of achieving our global sustainable development goals. We value the trust, confidence and recognition in Malaysia’s promising growth prospects shown by esteemed German corporations like Infineon. The cutting-edge power semiconductor technologies produced in Infineon’s SiC Power Fab is a milestone development towards elevating Malaysia’s position in the semiconductor industry, while also fostering a partnership focused on creating a more sustainable future for our nation and the world”.

Commenting on Infineon Technologies’ monumental achievement, the Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), Datuk Wira Arham Abdul Rahman, expressed, “Infineon Technologies’ achievement in Malaysia is a source of great pride for MIDA. The company’s advanced manufacturing operations and continuous expansion in the country, along with its adoption of new digital capabilities, are truly commendable. MIDA reaffirms its commitment to facilitate industry players including Infineon Technologies to foster further growth in the electrical and electronics (E&E) industry. This investment reflects the nation’s commitment to fostering an inclusive and vibrant economy, generating various opportunities for local talents and industry supply chains.”

Jochen Hanebeck, CEO of Infineon, expressed appreciation to the Government of Malaysia, particularly MITI and MIDA, for their instrumental role in realising Infineon Technologies’ ambitious vision for significant expansion in Malaysia.

“The market for silicon carbide shows accelerating growth, not only in automotive but also in a broad range of industrial applications such as solar, energy storage and high-power EV charging. With the Kulim expansion, we will secure our leadership position in this market,” stated Jochen Hanebeck.

“With the industry’s leading scale and a unique cost position, we are leveraging our competitive position of best-in-class SiC trench technology, the broadest package portfolio and unrivaled application understanding. These factors are the areas of differentiation and success in the industry,” he added.

Malaysia assumes an important role in the global semiconductor supply chain ecosystem. Infineon Technologies’ further investments complement the National Investment Aspirations (NIA) and the New Industrial Master Plan 2030’s focus on attracting high-tech and high-value investments to support the country’s economic growth. The E&E industry is a significant catalyst for the Malaysian economy, playing a pivotal role in its growth and development, contributing nearly 7% of the country’s Gross Domestic Product (GDP). In the first quarter of 2023, the industry recorded RM2.06 billion worth of approved investments, initiated from 16 projects which would generate 1,729 higher-paying job opportunities. E&E exports for the same period were RM142 billion, a 3.3% increase compared to the corresponding period last year.

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

About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

Further information is available at www.infineon.com

Follow us: TwitterFacebookLinkedIn

Media contacts:

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

Infineon
Ms. Mazilifah Mohd Razak
Senior Communications Manager, Infineon Technologies (Kulim)
Email: [email protected] | Tel: +604-494 7224

Infineon to Build the World’s Largest 200mm SiC Power Fab in Kulim, Malaysia


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PENANG, 1 August 2023 — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company and YBS International Berhad (“YBS”) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company with segments including electronic manufacturing and assembly, high-precision engineering, and precision machining and stamping, among others, came together today to mark a momentous occasion – the signing ceremony of the Manufacturing Supply Agreement (MSA). The event signifies the commencement of a strategic partnership between the two industry players and celebrates the establishment of a cutting-edge next-generation battery manufacturing facility in Penang Science Park.

Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) congratulates both Enovix and YBS on their partnership through the signing of this agreement. “The establishment of Enovix’s manufacturing hub in Malaysia marks a momentous step, bringing advanced silicon anode batteries technology to our shores. This presents a unique opportunity for local companies like YBS to collaborate and become an integral part of the global supply chain, benefitting from Enovix’s depth of expertise, economies of scale, and access to the latest technologies. Such alliances create a dynamic synergy, contributing to the robust growth of our nation’s economy, aligning perfectly with our National Investment Aspirations (NIA) and the New Investment Plan (NIP). Your partnership strengthens Malaysia’s position as an innovation-driven economy, and will allow us to continue creating new and exciting career opportunities for Malaysians.”

YAB Chow Kon Yeow, Caretaker Chief Minister of Penang stated, “Penang’s commendable performance speaks to the robust local ecosystem the state possesses, comprising of multinationals (MNCs), large local corporations (LLCs) and small-medium enterprises (SMEs). It is worth noting that the MNCs have played a significant role in developing the local capabilities, which translates to an increasing participation of the homegrown companies in the global supply chain. I am confident that the collaboration between YBS and Enovix today will follow similar path.”

Jackie Yong Chan Cheah, CEO of YBS International Berhad, expressed, “Enovix has an exciting battery technology. We believe Enovix will become a market leader and we look forward to supporting the company’s goals and sharing in its growth and success.”

Ajay Marathe, COO of Enovix Corporation, said, “We’re thrilled to announce this significant milestone in our journey to scale. In addition to working with YBS, we look forward to collaborating with MIDA, the Northern Corridor Economic Region and InvestPenang to secure investment incentive which will support our long-term goals in Malaysia. Malaysia, and especially the Penang region, is rich with semiconductor-trained engineers who have a manufacturing-excellence mindset. We’re pleased to advance our presence in the region to support our rapid growth.”

As part of the MSA, YBS, under the direction of Enovix, will provide the building and capital for equipment and labour for Fab2 and the Gen2 Autoline 1. Enovix announced earlier this year that it established Enovix Malaysia Sdn. Bhd. In addition, Enovix has hired over 30 people in Malaysia including the two leaders announced in March this year.

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

About InvestPenang

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

About Enovix

Enovix is on a mission to power the technologies of the future. Everything from IoT, mobile and computing devices, to the vehicle you drive, needs a better battery. The company’s disruptive architecture enables a battery with high energy density and capacity without compromising safety. Enovix is scaling its silicon-anode, lithium-ion battery manufacturing capabilities to meet customer demand. For more information visit www.enovix.com and follow us on LinkedIn.

About YBS Internatational Berhad

YBS International Berhad (formerly known as LNG Resources Berhad) was incorporated in Malaysia as a public limited company in year 2002 under the Companies Act, 2016 as an investment holding company and was officially listed on the MESDAQ Market of the Bursa Malaysia Securities Berhad in year 2003.

Media Contacts:

MIDA
Ms. Noor Suziyanti Saad
Email: [email protected]
Tel.: +603 – 2267 3575

InvestPenang
Elaine Cheah / Michelle Goy
Email: [email protected] / [email protected]
Tel.: +604 – 646 8833

Enovix
Kristin Atkins
Email: [email protected]
Phone: +1 (650) 815-6934

YBS
Lim Ewe Huat
Email: [email protected]
Phone: +6013 – 420 0897

Enovix Joins Forces with YBS International Berhad to Unveil Its Next-Generation Battery Manufacturing Facility in Penang Science Park


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  • Solarvest secured solar PV system contract with Dexcom at its first manufacturing site outside US
  • Prioritising sustainability, 3.6MWp solar PV system to be installed at Dexcom’s main buildings facilities and carpark, the largest of its kind in Batu Kawan, Penang

Kuala Lumpur, 26 July 2023 – Clean energy expert, Solarvest Holdings Berhad (“Solarvest” or the “Group”) has secured a contract with Dexcom Malaysia Sdn Bhd (“Dexcom”) to install a 3.6 megawatt-peak (“MWp”) solar photovoltaic (“PV”) system at its manufacturing facility in Batu Kawan, Penang, the largest of its kind in the area.

Dexcom is a subsidiary of the US-based DexCom, Inc., an industry-leading provider of continuous glucose monitoring systems. The manufacturing facility in Batu Kawan is its first overseas facility.

Solarvest will serve as the engineering, procurement, construction, and commission (“EPCC”) provider for the installation of rooftop solar PV for the main building facilities and carpark. With the expected generation of 3.6 MWp of clean energy, it allows Dexcom to offset 3,190 tonnes of carbon dioxide.

Chief Executive Officer of Malaysian Investment Development Authority (“MIDA”), Datuk Wira Arham Abdul Rahman said, “We are excited about Dexcom’s commendable initiative towards operate sustainably in our country. Dexcom’s continued investment in enhancing its operations aligns with Malaysia’s ambitious goal of achieving net-zero carbon emissions as early as 2050. This move not only showcases Dexcom’s corporate responsibility but also sets an inspiring example for businesses aspiring to contribute to a sustainable Malaysia. With a heightened focus on Environment, Social and Governance (“ESG”) principles is expected to stimulate sustainable growth and effectively address the pressing challenges posed by climate change.” He further emphasised, “MIDA is dedicated to positioning Malaysia as the preferred sustainable investment destination by leading players in the global value chain, and it is the presence of strong local players like Solarvest that reinforces our commitment. In line with our National Investment Aspirations (“NIA”) and the New Investment Policy (“NIP”), we aim to foster sustainable growth and a greener future for Malaysia.”

Executive Director and Group Chief Executive Officer of Solarvest, Mr. Davis Chong Chun Shiong (张俊雄) said, “We are delighted to be entrusted by US-based Dexcom to deliver their very first overseas manufacturing facility in Malaysia with our reliable and efficient clean energy solution. This is expected to contribute towards their overseas expansion ESG initiatives, while being able to optimise operational cost.”

“The growing recognition of sustainability’s significance in business operations has led to a surge in the adoption of clean energy by corporates. As a result, our job pipeline remains strong, with a tender book of approximately 2.5 gigawatts (“GW”) across Malaysia, Taiwan, Philippines, Vietnam, Indonesia, Singapore, and Thailand.”

“We are also targeting to boost our current unbilled order book of RM550.0 million by leveraging on the release of the 800 megawatts (“MW”) solar PV assets quota under the Corporate Green Power Programme (“CGPP”). With more corporations looking to reduce their carbon footprint, Solarvest is committed to providing our customers with clean energy solutions.”

Global Environmental, Health, Safety & Sustainability (“EHSS”) Senior Director of DexCom, Inc, Meredith Raymond said, “At Dexcom, we prioritise sustainability and have set forth a comprehensive strategy to reduce our Group’s greenhouse gas (“GHG”) emissions across our operations and supply chain. We actively pursue the implementation of clean energy solutions that help minimise our carbon footprint, aligning with one of our core objectives of promoting environmental responsibility.”

*****

About Malaysian Investment Development Authority (MIDA)

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

About Solarvest Holdings Berhad

Solarvest is a clean energy expert with a multi-national presence across Asia-Pacific. The Malaysia-based company started as a one-stop solar photovoltaic system solution provider for residential, commercial & industrial, and utility-scale solar farms. Today, Solarvest also owns renewable energy generation plants with a cumulative capacity of over 100MW (on-going and completed). The company is currently venturing into other clean energy solutions including, among others, energy efficiency, low-carbon mobility, and renewable energy certificates.

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

Released on behalf of Solarvest Holdings Berhad by Capital Front Investor Relations.

For media enquiries, kindly contact:

MIDA
Mr. Mohd Riduan Abd. Rahman
Director of Green Technology Division
(T) +603 2267 6634
(E) [email protected]

Solarvest Holdings Berhad
Ms Khai Min Lim
Investor Relations Executive
(E) [email protected]

Ms. Yvette Foo
Senior Digital and PR Marketing Executive
(E) [email protected]


Solarvest to Power US-Based Dexcom’s First Overseas Facility with Largest Solar PV System in Batu Kawan, Penang


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Kuala Lumpur, 20 July 2023 –Tesla Sdn. Bhd. (Tesla), a leading American multinational electric automotive manufacturer, is excited to announce its strategic expansion into the Malaysian market. This expansion is a direct response to the Battery Electric Vehicle (BEV) Global Leaders initiative introduced by the Ministry of Investment, Trade and Industry (MITI).

Key highlights of Tesla’s operation in Malaysia:

  1. Vehicle Importation: Tesla is committed to introducing its cutting-edge lineup of electric vehicles to Malaysian consumers by offering its Model 3 and Model Y into the market. As the company aims to cater to the diverse needs and preferences of Malaysians, more of its models will be introduced in the future. Malaysian customers may now access its official website to place orders for the announced models, with Model Y already available on the website, priced competitively starting at RM199,000.
  1. Supercharger Network: To address the crucial aspect of charging infrastructure, Tesla will invest significantly in setting up a vast network of fast-charging and regular-charging stations across strategic locations in Malaysia. This initiative is aimed at providing EV owners with a seamless and convenient charging experience, encouraging widespread EV adoption in the country.
  1. Head Office and Service Centre: Tesla is set to establish its state-of-the-art head office and service centre in Cyberjaya, Selangor, which will serve as the central hub for all corporate operations, marketing, training, customer support activities and vehicle services equipped with advanced diagnostic tools and staffed with highly trained Tesla technicians to offer prompt and reliable after-sales services to customers.
  1. Experience Centre: Tesla will establish its experience centres in key metropolitan areas across Malaysia, where customers can explore and experience the latest electric vehicle models firsthand. These centres will serve as interactive spaces for potential buyers to gain insights into the benefits of electric mobility and receive personalised assistance from knowledgeable Tesla sales representatives.

The Minister of Investment, Trade and Industry (MITI), YB Tengku Datuk Seri Utama Zafrul Aziz, said, “We are pleased that Tesla has chosen Malaysia as one of its destinations for their expansion in Southeast Asia. Their commitment to sustainable mobility is closely aligned with Malaysia’s vision for a greener future, and our New Industrial Master Plan 2030’s push for net zero. MITI is focused on transforming our industrial and investment landscape to not only attract companies like Tesla to help enhance our domestic suppliers’ position in global value chains, but also open up new ‘greener’ economic opportunities and create higher-paying jobs for Malaysians. Tesla’s presence here will also help raise Malaysia’s pro-business and pro-investment credentials on the global stage, and we look forward to welcoming more multinational investors that share our vision of developing a more sustainable, balanced and inclusive economic growth for our nation.”

The Malaysian Investment Development Authority (MIDA) has approved 58 projects totalling RM26.2 billion in the EV and its related ecosystems from 2018 to March 2023. The approved investments span various areas, including EV assembly, manufacturing of EV parts and components as well as its charging components. As the demand for sustainable transportation continues to rise, MIDA’s support and facilitation of these projects contribute to the advancement of the EV sector in Malaysia, fostering economic development, job creation, and a greener future.

MIDA Chief Executive Officer, YBhg. Datuk Wira Arham Abdul Rahman, also lauded Tesla’s investment in the country. “Tesla’s decision to choose Malaysia as its expansion destination highlights the country’s attractiveness as an investment hub in the region. We are pleased to support Tesla in establishing their operations and creating a strong presence in the Malaysian market. The growth of electric mobility will play a pivotal role in Malaysia’s sustainable development and we believe that Tesla will play a crucial part in this journey.”  

Tesla’s Regional Director, Ms. Isabel Fan, expressed excitement and optimism about the expansion into Malaysia. “Tesla’s mission is to accelerate the world’s transition to sustainable energy. As part of Tesla’s commitment to Malaysia, we have unveiled a comprehensive development plan for experience centre, service and support, and charging infrastructure in the country, aimed at delivering a seamless Tesla ownership experience. We’re committed and excited to help driving a zero emission and greener future for Malaysia.”

With its steadfast commitment to innovation, sustainability and customer satisfaction, Tesla is primed to revolutionise the Malaysian automotive market and contribute significantly to the nation’s environmental goal to become carbon neutral by 2050, in alignment with Malaysia’s pledge to reduce carbon emissions under the United Nations Framework Convention on Climate Change (UNFCCC). Additionally, under the Low Carbon Mobility Blueprint (LCMB) 2021-2030, Malaysia is set to achieve at least 15% of xEVs out of the total industry volume (TIV) by 2030 and 38% of xEV by 2040 under the National Energy Policy (NEP) 2022 – 2040, with 10,000 units of Charging Facilities built by 2025 (comprising 9,000 alternating current (AC) units and 1,000 direct currents (DC) units).

*****

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

About Tesla Sdn. Bhd.

Tesla’s mission is to accelerate the world’s transition to sustainable energy. To accomplish this mission, we design products that are far superior to their fossil fuel counterparts in every way, source and manufacture them as sustainably as possible and sell as many of them as we can. We believe the best way to do this is by offering an ecosystem of products that comprehensively addresses our world’s clean energy generation, storage and transportation needs.

Media Contacts

MIDA
Mr. Nazuki Abdullah

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

Tesla Sdn. Bhd.
Ms. Michelle Lai

Consumer Engagement Manager (MY and SG)
Email: [email protected]
Tel.: +6019-380 3503

Tesla to Invest In Malaysia, Boosting The Country’s Sustainable Mobility and Economic Growth


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Dear Valued Customers,

Introducing the enhanced MIDA Payment Channel, launching on 17 July 2023.

Enjoy faster, more secure transactions and a user-friendly interface. Visit https://mpaychannel.mida.gov.my.

Fast Transactions: Smooth online payments, including Credit Card and Bank Transfer (FPX), and seamless transactions between consumers and businesses.

Enhanced Security: Your security is our top priority. As a PCI Data Security Standard (DSS) compliant, MIDA Payment Channel ensures a secured processing of payment card’s data, early detection system, and prevention measures to any upcoming security issues. For more info about PCI DSS, please click here: www.pcisecuritystandards.org

User-Friendly Interface: Navigate easily and make hassle-free payments with our improved interface.

24/7 Accessibility: Access the MIDA Payment Channel anytime, providing you with flexibility and convenience.

Elevate your payment experience with MIDA! Contact us at [email protected] for assistance.

Thank you for your continued trust in MIDA. We look forward to serving you through our enhanced payment channel, making your transactions faster, easier, and more secure.

Sincerely,
MIDA Payment Channel Team
MIDA – Malaysian Investment Development Authority

Exciting News! Introducing the Enhanced MIDA Payment Channel for User Seamless Experience!


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Seberang Jaya, Penang, June 21, 2023 – The Malaysian Investment Development Authority (MIDA) and the Federation of Malaysian Manufacturers (FMM) has successfully organised the MIDA-FMM Industrial Linkage Day (Penang) at The Light Hotel, Penang today. The event brought together 11 anchors (multi-national companies (MNCs)) and more than 50 local small and medium enterprises (SMEs) under the theme “Accelerating Localisation, Stimulating Economic Growth, Augmenting Sustainability”. The strong turnout of over 200 participants indicated a high level of interest from MNCs operating in Malaysia to source products from local SMEs. Similarly, many SMEs expressed their readiness, to supply to MNCs and eager to be part of the global supply chain. 

The FMM Industrial Linkage Programme (ILP), one of FMM’s flagship programmes, supports SMEs in exploring business opportunities within the global supply chain. It aims to help SMEs overcome high-entry barriers and contribute value to the economy by connecting them with MNCs and large local companies (LLCs) that have the potential to become competitive manufacturers and suppliers.

FMM and MIDA have closely collaborated to promote the ILP as a practical move to assist SMEs in strengthening their business recovery post-COVID-19 and offers benefits to MNCs through cost savings and improved supply chain security.

The event was jointly inaugurated by YBhg. Tan Sri Dato’ Seri Dr. Sulaiman Mahbob, Chairman of MIDA, and YBhg. Tan Sri Dato’ Soh Thian Lai, President of FMM. The programme kickstarted with a presentation by Mr. Kenny Tan, FMM ILP National Task Force Chairman, who presented an overview of the ILP and FMM’s vision for the programme during the launch. While Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer, Investment Promotion and Facilitation of MIDA, presented on driving domestic direct investment through partnerships and capability transformation.

The forum on “Criteria for the Successful Localisation”, featured representatives from anchor companies (MNCs) in the electrical and electronics, machining technology and medical device sectors. These companies including   Micron Memory Malaysia Sdn. Bhd., Plexus Manufacturing Sdn. Bhd., VAT Manufacturing Malaysian Sdn. Bhd., Ultra Clean Technology (Malaysia) Sdn. Bhd., Dexcom (M) Sdn. Bhd. and Boston Scientific Medical Device (Malaysia) Sdn. Bhd., shared practical tips on how SMEs can effectively penetrate the global supply chain.  A series of business matching meetings involving 11 MNCs and 50 SMEs also took place during the latter part of the MIDA-FMM ILP Day (Penang).

YBhg. Tan Sri Dato’ Seri Dr. Sulaiman Mahbob, Chairman of MIDA, in his keynote address, highlighted, “In such a dynamic business environment, MNCs, LLCs and SMEs have much to gain by joining hands in partnership. Each entity brings unique strengths and advantages to the table. MNCs and LLCs by virtue of their size, are able to provide a depth of expertise, economies of scale, and access to the latest technologies. Over the years, we have attracted many best-in-class firms to anchor their operations in Malaysia. By leveraging the expertise and resources of these MNCs, local businesses can reap the benefits of knowledge transfer, technology adoption, and improved market access opportunities. On the other hand, agile SMEs make quick decisions, operate nimbly, and drive innovation. It is through these partnerships that we create an unstoppable force, ensuring the robust growth of our nation’s economy.”

According to YBhg. Tan Sri Dato’ Soh Thian Lai, President of FMM, “collaboration with MNCs is a crucial factor in enabling the internationalisation efforts of SMEs, empowering them to expand their presence and play a significant role in the global market. Through the Industrial Linkage Programme (ILP), FMM acts as an intermediary and matchmaker and provide a platform to link and connect local SMEs and LLCs with MNCs.  Since the launch of ILP in 2021, we have successfully onboarded 22 anchor companies and 196 supplier companies”.  

“Moving forward, through the ILP programme, we hope to have many spin-off effects and value creation where we can create a pool of world-class local vendors/ suppliers who can add value to the economy” added YBhg. Dato’ Lee Tiong Li, Chairman of FMM Penang Branch.

Ms. Heng Charng Yee, Chief Executive Officer of Globetronics Technology Berhad said “Globetronics began life with a multinational as its first customer and this has enabled the Malaysian-based and owned company to begin operations from a world class quality baseline. This cornerstone fuelled the expansion of the company to what it is today and helped us establish the comprehensive supply chain that we have now in Malaysia”.

Mr. Sayron Ruiz, Engineering Director of Boston Scientific Medical Device (Malaysia) Sdn. Bhd., who was one of the panelists at this event, shared, “This collaborative effort between MIDA and FMM, aimed at bridging MNCs with local SMEs to enhance the supply chain ecosystem and improve the capabilities of local companies, is instrumental in bringing together industry stakeholders and fostering a conducive business environment for growth and innovation. Through the Industrial Linkage Programme (ILP), we have the opportunity to create a pool of world-class local vendors/suppliers who can add significant value to the Malaysian economy. By leveraging the expertise and resources of multinational companies, such as Boston Scientific, we can fuel the expansion and development of local businesses, ultimately establishing a comprehensive and robust supply chain ecosystem in Malaysia.”

*** 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 Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channels.

ABOUT FMM

The Federation of Malaysian Manufacturers (FMM) has been the voice of the Malaysian manufacturing sector since 1968. Representing over 12,100-member companies (3,700 direct and 8,400 indirect) from the manufacturing supply chain, FMM is actively engaged with government and its key agencies at Federal, State and local levels. FMM is also well-linked with international organisations, Malaysian businesses and civil society. Apart from benefitting from FMM’s advocacy, FMM members enjoy value-add services, including training, business networking and trade opportunities as well as regular information updates.

Media Enquiries

MIDA
En. Sukri Abu Bakar
Director, Domestic Investment Division
Tel: +603- 2267 3685 | Email: [email protected]

FMM    
Ms. Han Mong Ying
Senior Manager, Corporate Affairs
Tel: +603-6286 7200 |Email: [email protected]

MIDA – FMM Industrial Linkage Day Offers Global Supply Chain Business Opportunities to Malaysian SMEs


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Kuala Lumpur, 20th June 2023 –  Ovotherm, the world’s leading  supplier of  egg industry products, has inaugurated its first manufacturing site in the APAC region in Klang, Malaysia. This milestone marks a significant achievement for Ovotherm Asia Pacific Sdn. Bhd. as they are committed to meeting the increasing demand for their products in the region while upholding the highest standards of production. The expansion signifies a significant step forward in the advancement of sustainable packaging, highlighting the company’s dedication to addressing the growing demand for reusable egg packaging solutions in the APAC region.

With a global presence, Ovotherm caters to the egg industry’s requirements, prioritising sustainability throughout the supply chain. The company achieves this by utilising 100% recycled materials, such as PET flakes, to manufacture high-quality and eco-friendly egg packaging. An in-depth, peer-reviewed Life Cycle Assessment (LCA) investigation affirms that egg packs made entirely from recycled PET (rPET) demonstrate the most favourable carbon footprint and resource efficiency among all comparable options available in the market. This achievement is made possible by the combination of two crucial factors in rPET egg packs: the utilisation of 100% recycled materials and a minimal energy requirement during processing (eliminating the need for water evaporation, as seen in pulp egg packs).

Expanding in Klang (Greater Kuala Lumpur, Malaysia)

The newly established factory in Klang spans approximately 106,000 square feet and houses advanced machinery for producing high-quality egg packaging from recycled PET flakes. With an investment of approximately MYR38 million, Ovotherm’s commitment to sustainability is further reinforced in the Klang factory through the use of 100% recycled materials during the manufacturing process. The factory is expected to create  employment opportunities for more than two dozen Malaysian employees, who will contribute to the company’s operations.

Datuk Wira Arham Abdul Rahman, CEO of MIDA expressed his support and excitement, saying “I am glad that hear that Ovotherm will be integrating sustainable practices into their business model. Their commitment to environmental responsibility and the circular economy is commendable. This initiative sets a positive example for the industry, and I hope it inspires other businesses to follow suit in adopting sustainable practices.”

MIDA works closely with industry stakeholders to foster a shift in perspectives, creating opportunities which paves the way for Malaysia’s transition to a circular economy while supporting ethical businesses and their efforts to drive Malaysia’s sustainable growth.

Adding to his statement, Datuk Wira Arham stated, “I firmly believe that the Ovotherm initiative will not only contribute to the development of Malaysia’s circular economy industry but also strengthen the resilience of our supply chains and landscape.”

Mr. Franz Hofer, CEO of Ovotherm, highlights Malaysia’s strategic potential as one of the main reasons for the opening of the manufacturing site in Klang, saying, “Choosing Malaysia as our new production location was a strategic move, driven by its unique location at the heart of Southeast Asia, unwavering stability, and a hardworking, motivated workforce.”

With a strong focus on environmental responsibility, Ovotherm’s egg packaging solutions provide an eco-friendly alternative traditional packaging material. By utilising rPET flakes, the company significantly reduces waste and promotes the circular economy. The establishment of the Klang factory, strengthens the company’s presence in the Malaysian market enabling more efficient and timely delivery of its products to customers in the region.

For more information about Ovotherm and its sustainable egg packaging solutions, please visit [https://www.ovotherm.com/ & https://www.earthfriendlypackaging.net/]

END

About MIDA

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

About Ovotherm

Ovotherm is a leading provider of sustainable egg packaging solutions, with a strong focus on environmental responsibility. The company utilizes 100% recycled material, such as PET flakes, to produce high-quality and eco-friendly egg packaging. With a global presence, Ovotherm serves the needs of the egg industry and promotes sustainability throughout the supply chain.

Since 1st January 2023, Ovotherm has recycled an impressive number of approximately 453 billion soft drink bottles into environmentally friendly egg packs, showcasing its commitment to sustainability and resource conservation.

For more information about Ovotherm and its sustainable egg packaging solutions, please visit [https://www.ovotherm.com/ & https://www.earthfriendlypackaging.net/]

For more information, please contact:

MIDA
Ms. Siti Halimaton binti Mohd Rejab
Director of Chemical Division and Advance Materials
Email: [email protected] | DL: +603 2267 6701

Ovotherm Asia Pacific
Ms. Miriam Shastri, Director
Email: [email protected] | DL: 603- 2732 6085

Ovotherm Asia Pacific Sdn. Bhd. Opens its First Manufacturing Site in Malaysia


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Kuala Lumpur, 15 June 2023 – Fraser & Neave Holdings Bhd (“F&NHB” or “the Group”) launches its foray into the upstream fresh milk business with a groundbreaking ceremony of the Group’s integrated dairy farm in Gemas, Negeri Sembilan. This momentous milestone puts the Group on track to become one of the largest milk producers in Malaysia when its integrated farm reaches its Phase 1 full production at 100 million litres of fresh milk.

Spread over 2,726 hectares, the farm will eventually house 20,000 milking cows, producing 200 million litres of fresh milk yearly for the local and international markets. The processing and packaging line will be sited right next to the milking parlour, offering Malaysian consumers quality fresh milk at an affordable price. This will also help promote the growth of the local agricultural industry by fostering a skilled workforce and generating job opportunities in the dairy and agriculture industries.

The groundbreaking ceremony was officiated by the Menteri Besar of Negeri Sembilan, Y.A.B. Dato’ Seri Haji Aminuddin bin Harun. Also present to witness the launch were Negeri Sembilan State Secretary, Y.B. Dato’ Mohd Zafir bin Ibrahim, Deputy Chief Executive Officer (DCEO), Investment Promotion and Facilitation of Malaysian Investment Development Authority (MIDA), Sivasuriyamoorthy Sundara Raja, the Chairman of F&NHB, Y.A.M. Tengku Syed Badarudin Jamalullail, and F&NHB Chief Executive Officer (CEO), Lim Yew Hoe.

Menteri Besar Negeri Sembilan, Y.A.B. Dato’ Seri Haji Aminuddin bin Harun expressed enthusiasm for the development of F&NHB’s dairy farm in Gemas, emphasising its potential to contribute to the local economy, the Malaysian dairy industry, and the creation of a skilled workforce.

“Projects such as this will not only create new job opportunities and agrobusiness prospects for local communities but also empower them with new technologies in dairy farming. Furthermore, F&NHB’s establishment of a Research & Development (R&D) Centre or Centre of Excellence (COE) for Dairy and Agriculture will contribute to the development of skilled professionals in fields such as veterinarians, animal nutritionists, agronomists, food technologists, and food R&D. These initiatives will undoubtedly enhance job opportunities for skilled workforces, driving growth in the dairy and agriculture sectors,” Dato’ Seri Haji Aminuddin bin Harun stated in his opening address.

F&NHB’s Chief Executive Officer, Lim Yew Hoe, expressed satisfaction with the progress towards realising their ambitions in putting fresh milk into every home in Malaysia.

“Operationalising the integrated dairy farm will result in a vertical integration of F&NHB’s business and operations, reducing our reliance on imported milk for downstream production and distribution. This integration will also help lower the cost per litre of fresh milk, benefitting Malaysian consumers. We also aim to export the fresh milk, potentially making Malaysia a net exporter of fresh milk in the future.”

He further added that in addition to the dairy farm, F&NHB’s plans for feed crop farming within the facility align with the government’s goal of increasing feed crop production to reduce the nation’s dependence on imported feed. Malaysia currently imports nearly 100% of its animal feed from Brazil and Argentina.

Environmental, Social and Governance (ESG) responsibility is a key factor for the farm. Lim said that by reducing the need to import milk, the Group will also be able to reduce its overall carbon footprint due to the reduced need for transporting materials from overseas. The farm will also be designed around sustainable farming and circular economy practices, employing green technology throughout the farm’s processes. The Group is looking to invest at least RM1 billion into developing Phase 1 of the farm.

Mr. Sivasuriyamoorthy Sundara Raja, DCEO of MIDA expressed, ” F&NHB’s development of the integrated dairy farm represents a significant milestone for Malaysia’s self-sufficiency of fresh milk and dairy-based food supply. Apart from economic benefits, the comprehensive agri-food project aids Malaysia’s quest towards sustainable food supply and animal feed supply. The vast prospects of smart farming in dairy production, using technologies for best possible results in cattle care, feed mixing, circular management and diversified dairy products will certainly revolutionise the agribusiness segment in Malaysia.”

“In addition, Malaysia is the location for enterprises wishing to create a presence in the booming global halal market due to the country’s well-established food production ecosystem, skilled manpower and globally accepted halal certification system. Global players are welcome to diversify into innovative processes and advanced technology in the agriculture and food processing industries. By leveraging Malaysia’s business ecosystem and our established local supply chain, it serves as an ideal destination for companies to establish regional production hubs, while enabling the country to fortify its food production” he added.

“We want to express our appreciation and gratitude to the MIDA, Departments and Agencies under Negeri Sembilan State Government such as INVEST Negeri Sembilan (INVEST NS), the Department of Veterinary Services Malaysia, and all other state and federal government agencies who have been a great support in enabling the launch of F&NHB’s venture,” added Lim.

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

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

ABOUT FRASER & NEAVE HOLDINGS BHD
Fraser & Neave Holdings Bhd (F&NHB) is a Malaysian-incorporated and Shariah compliant company listed on Bursa Malaysia’s Main Board. The Group has an annual turnover of RM4 billion from its core businesses in the manufacture, sales and marketing of beverage, dairy and food products. With a rich heritage spanning 140 years, F&NHB is today synonymous with quality and halal products that are trusted by generations. F&NHB is a constituent of FTSE4Good Bursa Malaysia (F4GBM) and F4GBM Shariah Index. The Group employs about 4,000 people across its operations in Malaysia, Brunei, Thailand and Indochina.
For more information, please visit www.fn.com.my.

For more information, please contact:

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

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

Fraser & Neave Holdings Bhd
Karen Tan / Jojo Ngo

Email: [email protected] / [email protected]
James Lim
Email: [email protected] | Mobile: +6012-345 1871

F&N Breaks Ground on New Integrated Dairy Farm in Gemas, Negeri Sembilan


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Following the announcement made by YB Rafizi Ramli, Minister of Economy on 31 May 2023, the application for the expatriate Employment Pass (EP), will now be fully implemented through a Single Window Platform (SWP) known as Xpats Gateway System.

The Xpats Gateway System will be officially launched on 15 June 2023, showcasing the Government’s commitment to digital governance and ease of doing business while maintaining a business-friendly environment that supports Malaysia’s economic and investment goals.

Companies in the Manufacturing Sector, Selected Services Sector and Representative Office (RE) / Regional Office (RO) with approved status located in Peninsular Malaysia can now apply for expatriate posts and Employment Passes (EP) through the Xpats Gateway System accessible via the ESD Online System at esd.imi.gov.my.  This streamlined process ensures that applications are directed to MIDA for the issuance of the Expatriate Post Approval and EP Support Letter.

As for companies in the Manufacturing Sector and Selected Services Sector located in Sabah, Sarawak and application for RE/RO status can continue to submit the expatriate post application through InvestMalaysia portal at investmalaysia.mida.gov.my.

For more information on the Xpats Gateway System, please refer to the ESD Online at esd.imi.gov.my:

1.      System User Manual

2.      Frequently Asked Questions (FAQs)

For any clarification, please do not hesitate to contact MIDA through InvestMalaysia portal or the Foreign Investment Division and Industry Talent Management & Expatriate Division, MIDA via email at [email protected].

Single Window Platform Notice


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Investments in assembly and test operations further extend the company’s cost advantage and provide greater control of supply chain

Melaka, Kuala Lumpur, 13th June 2023 – Texas Instruments Incorporated (TI) (Nasdaq: TXN), today announced plans to expand its internal manufacturing footprint in Malaysia with two new assembly and test factories in Kuala Lumpur and Melaka. Together, these new investments will support TI’s plan to bring 90% of its assembly and test operations internal by 2030 to have greater control of supply.

YB Senator Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI) said, “We are encouraged by Texas Instruments’ continued confidence in the Malaysian investment ecosystem. TI’s plans to expand its assembly and test operations reflect Malaysia’s clear positioning in the global semiconductor supply chain, while complementing our New Investment Policy and New Industrial Master Plan’s focus on attracting hi-tech, high value investments to support our increasingly digitized global and domestic economies. Further, TI’s expanded investment footprint in our country will not only bolster domestic value chains, but also create knowledge-based, high-income employment opportunities for Malaysians.”

The timing of the expansion also aligns with Malaysia’s broader strategy of strengthening the semiconductor industry ecosystem and driving economic growth.

Datuk Wira Arham, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), reaffirmed MIDA’s commitment to facilitating TI’s expansion and fostering a collaborative ecosystem. He emphasized, “MIDA is fully dedicated to supporting TI’s expansion plans, which will not only bring significant investments but also enhanced analog and embedded processing manufacturing capabilities to the country. This partnership further solidifies Malaysia’s position as a leading hub in the region for semiconductor innovation.”

The announced expansion reflects the joint efforts of TI, the Malaysian government, especially MITI and MIDA to reinforce Malaysia’s standing in the semiconductor industry. These initiatives aim to drive economic growth, attract investments, and foster knowledge exchange, contributing to the country’s overall development.

Yogannaidu Sivanchalam, Vice President, Assembly and Test Manufacturing Operations at TI said, “These investments are part of TI’s long-term strategy to expand our internal manufacturing capacity to support the increasing need for semiconductors and provide greater assurance of supply. TI is proud to have been operating in Malaysia for more than 50 years, and our decision to expand our back-end manufacturing is a reflection of the talented and growing team in Malaysia that will be critical to TI’s future.”

Expanding in Kuala Lumpur

TI recently purchased the building next to its existing assembly and test factory in Kuala Lumpur that sits on 18 acres of land. With a potential investment of up to MYR 9.6 billion, the company plans to convert the building into an assembly and test factory with more than 1 million square feet of cleanroom space. Construction is expected to start later this year, with production to begin as early as 2025. The new factory will connect to the company’s existing factory and create nearly 1,300 additional local jobs at full build.

Construction underway in Melaka

TI is also constructing a new, six-level assembly and test factory next to its existing Melaka assembly and test factory. The new factory will include more than 400,000 square feet of cleanroom space and will connect to TI’s existing factory. With a potential investment of up to MYR 5 billion, this new factory will support up to 500 local jobs at full build and is also expected to begin production as early as 2025.

Building the next era of assembly and test in Malaysia

At full production, TI’s new, state-of-the-art factories in Malaysia will feature advanced factory automation to assemble and test hundreds of millions of analog and embedded processing chips daily that will go into electronics everywhere – from renewable energy sources to electric vehicles.

At both factories, environmentally responsible construction methods that emphasize an energy-efficient design will be used to meet one of the Leadership in Energy and Environmental Design (LEED) building rating system’s highest levels of structural efficiency and sustainability: LEED Gold. Advanced equipment in the factories will reduce waste, water and energy consumption per chip, further demonstrating TI’s commitment to responsible, sustainable manufacturing.

Investing in internal manufacturing

TI has a long history of globally owned, regionally diverse internal manufacturing operations. The company has 15 manufacturing sites worldwide, including wafer fabs, assembly and test factories, and bump and probe facilities.

With plans to manufacture more than 90% of its products internally by 2030, TI has the ability to provide customers with geopolitically dependable capacity for decades to come.

Learn more about TI’s growing footprint in 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 Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It’s what we do and have been doing for decades. Learn more at TI.com.
TXN-G

Media Contacts

MIDA
Ms. Noor Suziyanti Saad

Director, Electrical and Electronics Division
Email: [email protected]
Tel.: +603-2267 3575

Texas Instruments
Ellen Fishpaw

Director, Media Relations
Email: [email protected]

Texas Instruments to Expand Manufacturing Operations in Malaysia


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Kuala Lumpur, 9 March, 2023 — The Malaysian Investment Development Authority (MIDA) and the Johor State Government have successfully organised the Invest Series: Unfolding States ‘Business Potential’ – Johor programme to showcase the untapped investment opportunities in the state. The event which took place at MIDA Headquarters, attracted 400 participants, including captains of industry, government officials, entrepreneurs and senior managements from various sectors.

The programme started with a welcome address by Datuk Wira Arham Abdul Rahman, Chief Executive Officer (CEO) of MIDA and was followed by the keynote address by YAB Datuk Onn Hafiz Ghazi, Menteri Besar Johor. Also present at the event were YB Tuan Liew Chin Tong, Deputy Minister Of International Trade And Industry (MITI); YB Tuan Lee Ting Han, Chairman of Johor State Investment, Trade and Consumer Affairs Committee; YBhg. Tan Sri Dato’ Seri Dr. Sulaiman Mahbob, Chairman, Malaysian Investment Development Authority (MIDA); YB Dato’ Haji Mohammed Ridha Dato’ Haji Abd Kadir, Deputy State Secretary of Johor Development, Johor State Secretary’s Office; YBhg. Dato’ Badrul Hisham Kassim, Chief Executive, Iskandar Regional Development Authority, YBrs. Puan Zarina Abdul Kadir, Chief Executive, Invest Johor and head of state and federal and government department and agencies.

YAB Datuk Onn Hafiz Ghazi, Menteri Besar Johor in his address shared the latest Johor Development Plan and emphasised Johor’s investment aspirations, stating that it is the “Southern Jewel of Malaysia.”

“Johor’s total approved investments for 2022 reached an all-time high of RM 70.6 billion, which is the highest in Malaysia. Since taking over the helm of the State Government last year, my colleagues and I have worked tirelessly to enhance our economic resilience by assisting the people in cushioning the impact from price increases and facilitating businesses recovery. In tandem, we have sought to generate quality investments, secure more job opportunities, and put in place the building blocks of a more dynamic, inclusive, and sustainable economy. We are consistent in our efforts to ensure the rapid recovery of our economy, while strengthening its resilience to new challenges posed by the changing landscape of the global economy. There is a lot to be done still, and we must keep focused on the bigger picture and the longer game of creating a dynamic, inclusive, and sustainable economy for Johor and Malaysia.” said YAB Datuk Onn Hafiz Ghazi.

Datuk Wira Arham, CEO of MIDA highlighted on the recently announced Malaysia’s investment performance in 2023, said “Malaysia has successfully attracted RM264.6 billion worth of approved investments in the services, manufacturing and primary sectors for 2022, creating 140,370 job opportunities in the country. Johor played a significant role, accounting for a substantial proportion of the approved investments at RM70.6 billion. Congratulations to Johor for showcasing its economic potential through its attractive investment climate and strategic location, and for its outstanding contribution to Malaysia’s economy.”

“As part of its commitment to boosting domestic investment, the Government, in collaboration with MIDA, has undertaken several initiatives aimed at attracting investment in Johor and other states. From the MIDA Invest Series Conference to the Domestic Investment Coordination Platform (DICP) initiative, the SME Investment Desk and joint programmes with local industry associations and chambers of commerce, these efforts are designed to create a conducive environment for businesses to thrive. The Domestic Investment Seminar, the Domestic Specific Project Mission (DSPM), and the Industry Linkage Program (ILP) / Supply Chain Programme are also in place to help foster partnerships and drive innovation.” added Datuk Wira Arham.

Over the years, Johor has remained a crucial gateway for the country, thanks to its advanced infrastructure projects. One of the most vital infrastructure developments in Johor are the connections to Singapore, including the Johor-Singapore Causeway built in 1924, and the Tuas Second Link bridge constructed in 1998, both of which have played a significant role in linking Singapore and Malaysia via Johor. In addition, Johor offers other excellent infrastructures for investors such as the international airport (Senai) and three ports (Pasir Gudang Port, Tanjung Pelepas Port, and Tanjung Langsat Port), thus, positioning Johor as a hub for investments.

MIDA continues to aggressively promote the digital tech sector, including data centres, cybersecurity, artificial intelligence (AI), creative and digital content such as gaming and animation, as well as system integrators and solution providers, to make Malaysia the region’s tech launchpad. The data centre investments into Johor accounted for RM51.1 billion of the investment in 2022, and MIDA welcomes investments from leading data centre companies to tap into the vast market demand for such services by building a critical presence in Malaysia.

The Invest Series: Unfolding States ‘Business Potential’ – Johor programme was a significant success, highlighting Johor’s investment landscape and its potential to attract investors. With its excellent infrastructure, strategic location, and dynamic ecosystem, Johor is one of the promising destinations in the country for investment, and MIDA remains committed to supporting and facilitating investments in the state.

*****

About MIDA

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

About Invest Johor

Invest Johor is a one-stop-centre that represents the state of Johor in dealing with investors and helps to position Johor as an attractive destination for investment. Invest Johor plays an important role in matters related to the promotion, facilitation, coordination, and development or investments in a broad sector of industries. Ultimately, Invest Johor strives to help transform Johor into a regional hub for high-technology, knowledge-based, and capital-intensive industries.

For more information, please contact:

MIDA
Mr. Sukri Abu Bakar
Director, Domestic Investment Division, MIDA
Email: [email protected] | DL: + 603- 2267 368

Invest Johor
Ms. Zarina binti Abd Kadir
Chief Executive, Invest Johor
Aras 3, Bangunan Dato Abdul Rahman Andak,
Kota Iskandar
79000 Iskandar Puteri, Johor
Email: [email protected] | Tel: (6) 07-290 9000 | Fax: (6) 07-290 8000

MIDA Collaborates with Johor State Government to Highlight the State’s Investment Landscape and Its Vast Potential


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Kuala Lumpur, 2 June 2023 – Malaysia has emerged as a prime destination for Japanese investments from the recently concluded Trade and Investment Mission (TIM) to Japan held from 29 May 2023 to 2 June 2023. The TIM focused on meeting with companies from various sectors including Electrical Vehicle (EV) related components, Electrical and Electronics (E&E), Machinery Parts & Components, Environmental, Social & Governance (ESG), Metal, and Chemical & Chemical Products.

NHK Spring, a key player in integrated metal substrates, will expand production in Negeri Sembilan to meet the soaring demand for these substrates, which are essential for the electrification of automobiles. With the electric vehicle (EV) industry projected to grow significantly, NHK Spring’s expansion plans align with Malaysia’s efforts to foster a robust ecosystem for EV development. The construction of a new plant and facilities is set to be completed by December 2023, reaffirming the company’s commitment to Malaysia since its establishment in Senawang, Negeri Sembilan in 1994. This expansion further solidifies NHK Spring’s role in Metal Based Printed Wiring Boards (PWB) manufacturing and enhances Malaysia’s position in the global supply chain.

OMRON has outlined its future business investment plan, focusing on manufacturing products using renewable energy to contribute to a carbon-neutral society in Malaysia. OMRON’s commitment to sustainability aligns with Malaysia’s efforts to promote environmental-friendly practices and green technology. By investing in renewable energy solutions, OMRON aims to support the country’s transition towards a low-carbon economy, foster technological advancements, and create new opportunities for Malaysia.

JAPEX is collaborating with PETRONAS on carbon capture and storage (CCS) opportunities, including the exploration of suitable carbon dioxide (CO2) storage solutions in Malaysia. As a hydrocarbon exploration, production, and transportation company, JAPEX aims to unlock potential CCS solutions through technical maturation activities, evaluating optimal capture, storage, and transportation methods. The collaboration, announced on January 28, 2022, also entails estimating emissions, capture volumes, and monitoring methods of CO2 stored underground.

“We are delighted by the investment plans by Japanese companies including NHK Spring, CKD Corporation, Denso Corporation and OMRON in Malaysia,” said Datuk Wira Arham Abdul Rahman, CEO of MIDA. “These initiatives align with our national objectives and reflect the confidence global companies have in Malaysia’s business ecosystem. MIDA will continue to actively promote investment opportunities and provide comprehensive support. As we focus on high technology, innovation, and sustainable industries, including the electric vehicle ecosystem, we aim to create vast opportunities for growth. We are committed to fostering strong partnerships and driving sustainable growth, propelling Malaysia’s position as a preferred investment destination.”

Led by Minister of Investment, Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz, the TIM brought together high-level officials from MITI, the Malaysian Investment Development Authority (MIDA), and Malaysia External Trade Development Corporation (MATRADE) to foster strong bilateral relations and attract significant investments. The TIM, covering Tokyo and Osaka, played a pivotal role in securing these momentous investment opportunities.

In Q1 2023, MIDA announced approved investments in various economic sectors totaling RM71.4 billion (USD16.2 billion). Out of this, a total of 14 manufacturing and services projects with Japanese participation were approved under MIDA’s purview, with a total investment worth USD47.0 million. These projects are expected to generate potential employment for 653 people, positioning Japan as the 7th largest foreign investor in this segment for approved investments in Q1 2023.

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

For more information, please contact:

MIDA

Mr. Faizal Jalaludin
Director, Foreign Investment Division
E: [email protected] | T: +60322676650

Malaysia Secures RM23.07 Billion of Potential Japanese Investments


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

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

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

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

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

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

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

*****

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

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

Media Contacts

MIDA

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

CKD Corporation

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

Completion of Acquisition of Property For New Plant In Malaysia


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

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

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

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

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

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

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

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

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

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

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

Notable projects approved within the services sector include:

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

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

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

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

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

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

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

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

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

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

Primary Sector Attracts RM2.2 Billion Investments and Promising Opportunities

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

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

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

Thriving Pipeline and Lead Projects Reflect Investor Confidence in Malaysia

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

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

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

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

END

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

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

Malaysia Maintains Its Status as a Preferred Investment Hub


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

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

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

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

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

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

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

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

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

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

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

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

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

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About MIDA

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

For more information, please contact:

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

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

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


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