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

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

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

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

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

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

– END –

About MIDA

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

About UN Global Compact Network Malaysia & Brunei (UNGCMYB)

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

For media enquiries, please contact:

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

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

MIDA and UNGCMYB Unite for Sustainable Investment Future

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

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

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

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

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

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

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

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

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

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

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

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

-End-

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

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

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

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

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

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

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

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

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

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

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

–  END –

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

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

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

For media enquiries, please contact: 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

**The End**

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

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

Learn more: www.acwapower.com

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

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

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

-END-

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

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

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

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

For more information, please contact:

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

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

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

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

Neways Electronics Celebrates Grand Opening of New Manufacturing Facility in Malaysia

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

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

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

Aerospace: Accelerating Towards Regional Leadership

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

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

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

Pioneering Maritime Growth through Collaboration and Sustainability

Strategic Forum on Maritime Collaboration: MIGHT x MIDA

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

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

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

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

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

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

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

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

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

-END-

About MIDA

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

For more information, please contact:

MIDA

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

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

Appendix: Industry Partner Quotes

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

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

Malaysia Accelerates Aerospace and Maritime Growth to Secure Future Economic Resilience

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

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

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

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

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

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

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

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

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

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

-END-

About MIDA:

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

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

– End –

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

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

For media enquiries, please contact: 

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

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

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

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

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

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

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

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

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

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

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

-END-

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

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

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

For media enquiries, please contact:

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

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

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

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

Strategic Relocation and Expansion to Enhance Global Supply Chain Operations

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

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

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

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

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

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

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

Image of the completed new base

* According to research by HORIBA as of April 2025

-END-

About MIDA

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

About HORIBA

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

For more information, please contact:

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

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

HORIBA to Establish a New Production Base in Malaysia

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

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

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

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

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

-End-

About MIDA

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

About InvestPerak

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

About Saint-Gobain Prima Sdn. Bhd.

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

For media enquiries, please contact: 

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

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

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

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

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

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

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

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

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

A milestone for Malaysia’s green transition

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

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

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

Empowering local talent

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

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

**The End**

About MIDA

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

About Oryx Stainless Group

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

For more information, please contact:

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

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

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

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

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

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

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

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

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

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

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

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

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

Key Industry Developments

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

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

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

– END –

About MIDA

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

For more information, please contact:

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

APPENDIX

Industry Insights from Key Players:

Infrastructure Innovation

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

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

Local Vendor Opportunities

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

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

Future Growth Potential

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

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

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