Dialog, Morimatsu JV to expand facilities in Pengerang

Dialog, Morimatsu JV to expand facilities in Pengerang

07 Nov 2023

Dialog Group Bhd and its joint venture partner Morimatsu International Holdings Bhd are undertaking a RM250mil expansion of their JV company, Morimatsu Dialog (Malaysia) Sdn Bhd’s facilities in Pengerang, Johor.

The expansion is expected to further grow the one-stop engineering and fabrication services to serve both local and international customers, the parties said in a joint statement.

The expansion works of the 18,245 sqm facility, which is expected to be completed by the first quarter of 2025, will consist mainly of module production workshops equipped with modern workplace amenities and infrastructure.

This will support Morimatsu Dialog in meeting the demands and opportunities in the region and beyond while contributing more opportunities to the state’s job market, it said.

Johor Chief Minister Datuk Onn Hafiz Ghazi, who officiated the groundbreaking ceremony, said the facility will be able to support the overall growth of Pengerang and continue to be a preferred investment destination.

“I am also happy to note the newly expanded facility will create job opportunities with a projected additional employment of approximately 500, bringing the total number of manpower to 650,” he added.

Morimatsu executive director Hirotaka Kawashima said the company will focus on manufacturing equipment and modules that are used to produce raw materials for EV batteries, semiconductors and green energy.

“Overseas demand in these areas is increasing rapidly and the overseas business will drive our growth. We will firstly establish a production system with an annual revenue target of RM 300 million,” he said.

Dialog executive chairman Tan Sri Ngau Boon Keat added that the expansion will continue to provide an excellent value proposition for the joint venture.

Source: The Star