shahril, Author at MIDA | Malaysian Investment Development Authority - Page 2 of 3
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By

shahril
The Malaysia France Chamber of Commerce (MFCCI), organised a business luncheon with the Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) on 10 February 2020 at Cyberview Lodge, Cyberjaya. The business luncheon was attended by H.E. Frédéric Laplanche, French Ambassador to Malaysia and around 100 existing French companies in Malaysia and Singapore.
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The outbreak of the coronavirus (COVID-19) has been declared a global health emergency, causing major disruptions across industries: travel, retail, manufacturing and technology for businesses. In light of this, pre-agreed contracts may become "commercially impossible" to perform.
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List of Critical Production Sectors Allowed to Continue Operations Subject to Conditions by the Ministry of International Trade and Industry (MITI)
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Aemulus Corporation started operation in 2004, focusing on the tester equipment market for the semiconductor industry. By 2015, Aemulus testers footprint can be found in most of the countries in Southeast Asia, and China, Taiwan, South Korea, Germany, as well as the States. Aemulus was listed in Bursa Malaysia as a public company in the same year. Then in 2017, Aemulus embarked on artificial intelligence platform software development.
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Founded by Mr Steven Goh in 2002, DelstAsia Sdn. Bhd. (DelstAsia) began as a marketing company, acting as the sole-agent for Delst Inc, USA in distributing DMX-7, a food-grade grain and feed conditioner, for the Asian market. Being a new player then in the animal feed industry was a great challenge. DelstAsia had to compete against well-established international MNCs that had stronger brand names and more resources to hold firm to their market share. However, given the products’ outstanding field results and ability to solve industry-specific challenges of tropical climate grain storage and handling, it managed to sell itself.
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Our customers/end-users are national and international O&G companies including Petronas, Sapura, Shell, ExxonMobil, Chevron, ConocoPhilips, ADNOC Group, Qatar Petroleum, Kuwait Oil Company, Petroleum Development of Oman, Sonatrach, Sinopec, ENI, Samsung, Hyundai, Technip, Wood and many others.
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We are a global pharmaceutical company with 79 years of experience. We strive to improve lives through quality products with continuous innovation.
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Founded in 1847 in the Port of Rotterdam, C. Steinweg is one of the world's leading warehousing and logistics service providers, with a long heritage of expertise in the commodity trade. With a vast network of 110 offices on every major continent, the Group has grown into a truly multinational company with close to 7 Million m2 of space and 20 km length of quay, handling over 25 million metric tons of various commodities annually.
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VAT began work on its Malaysia facility in Penang in 2013 as part of its long-term strategy to move closer to its customers, improve access to its largest market, globalise its business model and give the company more flexibility in its production capacity, cost structure and supply chain. When the project was officially completed, and the plant made fully operational in July 2018, the company could point to one of its biggest successes.
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Schmidt + Clemens (S+C), the German stainless steel specialist founded in 1879, committed at an early stage to the internationalisation of its business operation, founding its first foreign subsidiary in Spain as long ago as 1974. As the world market leader in tube systems for applications in the petrochemicals industry, it is a factor of major importance to S+C to be near to its markets. So the logical response to the growth in the markets of Asia was to establish a production company in Southeast Asia.
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Established in 1959, OCI, with head office in Seoul, South Korea is a global producer of value-added chemicals and materials for a broad range of industries. In March 2008, OCI launched commercial production at Gunsan P1 plant with a nameplate capacity of 5,000 metric tons shortly after polysilicon spot market prices hit a historic high of over USD500/kg. Subsequently, OCI boosted the capacity to 52,000 metric tons by the completion of Gunsan P2 and P3 plant.
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The Roland name is synonymous with music and sound technology and is home to one of the world’s best-known and famous Electronic Music Instruments brand. Back in 1972, Roland was founded by Ikutaro Kakehashi in Osaka, Japan.
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Maire Tecnimont S.p.A is a multinational group with a highly technological DNA, and one of the leaders within the field of plant engineering, mainly in the hydrocarbon sector (petrochemical, fertilisers, oil and gas refining). Its contribution is fundamental to the transformation of natural resources into innovative products as well as working to gradually prepare for the growing renewable energy and green chemistry paradigm.
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Exyte is a global leader in design, engineering and construction delivering high-tech facilities. Established over 100 years ago in Stuttgart, Germany, where we laid the first cornerstone, Exyte has evolved to become a global Engineering, Procurement and Construction (EPC) contractor for high-tech facilities today. We have a global footprint operating in more than 20 countries and have over 5,600 employees worldwide who deliver many of the world’s most challenging and technically demanding facilities in three strategic segments we operate in – Advanced Technology Facilities, Life Sciences and Chemicals and Data Centers.
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Hotayi Electronic is a leading Global Electronics Manufacturing Services (EMS) company that provides a wide range of valueadded manufacturing solutions and services such as PCB assembly till box build. Founded in 1992, this Taiwanese-owned company has achieved remarkable international milestones under the leadership of its chairman, Dato' Lee Hung Lung. For the past 27 years, Hotayi has been continuously striving for operational excellence and continuous improvement. This has become part of Hotayi's culture, which enables the company to continue to gain trust in customer partnership over the years.
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Active use of technology to capture new frontiers and drive productivity is not new to the oil and gas industry. The upstream sub-sector for example, has been at the forefront of several significant technological advances in the past, from supercomputing techniques for reservoir modeling to seismic and 3D imaging for drilling and project developments; while refineries have been pursuing digitalisation for more than 30 years, with technologies like advanced process control (APC) being part of the operational mix of many operators.
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The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2019 marks its 10th anniversary as the largest trade event for green technologies and eco-solutions in South East Asia. IGEM is an excellent platform for solution providers and green energy businesses to tap into the fast-expanding ASEAN market by showcasing the latest innovations within the industry. Organised annually by the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) in collaboration with Malaysia Green Technology Corporation (MGTC), IGEM 2019 is scheduled to be held from 9 to 11 October 2019 at the Kuala Lumpur Convention Centre (KLCC). It is expected to generate RM2.8 billion in business leads.
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The Palm Oil Industrial Cluster (POIC) Lahad Datu was established by the Sabah State Government in 2005 to spearhead the development of palm oilbased downstream activities. Through the provision of adequate physical infrastructure and policies, POIC serves as a catalyst to accelerate the growth of the palm oil industry in the region. Presently, Sabah is the largest oil palm T producing state in Malaysia, tapping on 1.55 million hectares of its plantation to supply oil palm raw materials for valueadding manufacturing. Apart from palm oil, the Lahad Datu POIC comprises other industrial clusters such as port and logistics, oil and gas, biorefineries and small and medium enterprises. Strategically located along the Lombok-Makassar Straits, POIC is well known for its deep seaport with 20-meter depth.
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Demographic shifts and urban lifestyle changes demand innovative responses for new directions in the delivery of healthcare from the Government and healthcare providers. In supporting the growth of healthcare services, MIDA continues to position Malaysia as the healthcare hub in the region. Thus far, MIDA has facilitated a total of 77 private healthcare facilities since 2012. This amounted to investments of more than RM10 billion and have created over 15,000 job opportunities in the healthcare industry.
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The trend of supply chain convergence has strengthened Malaysia’s role as a Global Hub. Many MNCs such as Volkswagen, Nestle, IDT and IKEA have leveraged on Malaysia’s strategic location and efficient trade infrastructure to serve their growing business in the Asian market.
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The two billion millennials, representing 25 per cent of the world’s population, are re-defining consumerisation. Based on a market research company, Growth from Knowledge (GfK) study found that 59 per cent of 20 to 29 years old and 57 per cent of 30 to 39 years olds agreed with the statement that “experiences are more important than possessions”. Millennials prefer to socialise in group engagement at a fraction of the cost instead of investing in personal highly expensive virtual reality applications such as Virtual Reality (VR) headsets and play stations. They are favourable to ‘immersion rooms’ that provide space and technology for a hyper-real, smooth journey into VR which cannot be achieved at home.
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As more trade deals are shifting towards the ASEAN region, Malaysia is gearing up to be the go-to place for trade. Malaysia’s trade value is steadily increasing amidst economic challenges and on-going trade tensions globally. According to MATRADE, in 2019, Malaysia recorded its largest trade surplus since 2009 valued at RM137.39 billion, an increase of 11 per cent compared to the previous period. Malaysia aims to continue this favourable trend, making it a preferred destination for investors and businesses.
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With the rising trend of establishments of Centres of Excellence (COE) in Asia among multinational corporations (MNCs), Malaysia increasingly emerges as a popular choice of location for these operations. For many years, Malaysia has played an important role as a Regional Hub, offering strategic operations location within South East Asia, robust industrial ecosystem and a talented and multilingual workforce.
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The escalating growth of the human population and the rapid evolution of heavy industrial sectors are significant contributors to energy demands. To fulfil this ever-increasing demand, current and future energy systems need to be costeffective, practical, reliable and sustainable, with low impact on the environment. For these reasons, there is a growing interest in hydrogen-based fuel technologies in recent years.
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