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The Sipitang Oil and Gas Industrial Park (SOGIP) will serve as a key catalyst for the growth of the energy sector, which is crucial for Sabah’s continued economic development, said Chief Minister Datuk Seri Panglima Hajiji Noor.

SOGIP, he pointed out, has attracted numerous investments, including high-impact projects, such as Esteel’s Green Steel plant, which involves a phased investment of RM20 billion.

Most recently, an Energy, Oil, and Gas Hub project worth RM8.88 billion (USD2 billion) has been announced and the joint venture between Sabah Oil and Gas Development Corporation (SOGDC) which manages SOGIP and Gibson Shipbrokers Limited will position Sabah as a key energy hub in Southeast Asia.

For this reason, he said, the Sabah government remains committed to fully supporting investments that bring long-term benefits to the people of Sabah.

“I am confident that the success of this project will spur growth in the oil and gas industry, ultimately establishing Sabah as a competitive energy hub at the international level.”

“We are fortunate that Sabah is rich in natural resources, including forests, minerals, fauna, flora and marine life. Our strategic location, stable political environment, abundant natural resources, and diverse economy make Sabah an attractive destination for foreign investors,” Hajiji said when officiating the launch of the Petroleum Storage and Refining Plant Construction Project at SOGIP on Tuesday.

According to Hajiji, Sabah holds great potential in oil and gas resources, and the construction of the Petroleum Storage and Refining Plant by Petroventure Energy Sdn Bhd, set to begin in April, will significantly contribute to the state’s economic growth.

The project will involve the construction of a refinery with a capacity of up to 150,000 barrels per day (BPD) and oil storage facilities capable of holding three million cubic meters of crude oil and refined petroleum products.

“This is yet another strategic new investment that will undoubtedly reinforce Sabah’s position as an oil and gas industrial hub in the region,” said the Chief Minister, adding that with 400 acres of land allocated for the project at SOGIP, it is expected to attract over USD 3.5 billion (RM15.5 billion) in foreign direct investment (FDI) and create nearly 5,000 job opportunities for the people of Sabah.

During the construction phase, the project is estimated to require more than 3,000 workers, while the fully operational plant will provide permanent employment for over 1,000 workers.

“All of this is a positive indicator of our efforts to create employment opportunities for our people. I have always emphasized the importance of prioritizing local Sabahans in the workforce for all projects and operations in the state. I expect all industry players to adhere to this fundamental requirement as a key principle in our commitment to local development,” he stressed.

The project will also include the development of a jetty, oil grading facilities, a petroleum testing laboratory, and an administrative building.

Hajiji expressed confidence that Petroventure’s various environmental studies, including the Environmental Impact Assessment (EIA), will ensure that the project is developed sustainably, aligning with industry requirements and the state government’s environmental priorities.

Speaking to the media later, Hajiji said that the collaboration between SOGIP and Petroventure Energy Sdn Bhd at SOGIP is another effort to prioritize industrial growth in Sabah.

“I am very pleased that our long-term vision is progressing and succeeding day by day. This initiative will create job opportunities for local talents and boost our economy.

“We have an investor-friendly policy, but we prioritize local investors. However, we also welcome foreign investors, especially those with expertise in certain areas. The most important thing is that their investments bring benefits to Sabah,” he said.

Source: The Borneo Post

SOGIP to serve as key catalyst for growth of energy sector — Hajiji

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Meta Bright Group Bhd is expanding its presence in the renewable energy sector through a joint venture (JV) to provide total energy solutions.

Meta Bright partnered with United Success Holding Pte Ltd and Yang Lei to establish Meta Bright Solutions Sdn Bhd.

The latter will develop and operate battery energy storage systems (BESS), EV charging infrastructure and energy efficiency solutions (EE) in Malaysia and potentially across Southeast Asia.

Meta Bright Energy Sdn Bhd, wholly owned by Meta Bright, will hold a 55 per cent controlling stake in the JV, with United Success and Yang Lei owning 10 per cent and 35 per cent respectively.

“This initiative aligns with Malaysia’s National Energy Transition Roadmap, which seeks to increase renewable energy’s gross domestic product contribution to RM220 billion by 2050 while reducing carbon emissions in the energy sector by 32 per cent,” it said today.

With the government’s RM300 million allocations under 2025 Budget for renewable energy, Malaysia is accelerating grid modernisation, energy efficiency initiatives, and renewable energy adoption, it added.

To strengthen its technological capabilities, the JV has signed an exclusive technical support agreement with YTKJ.

YTKJ is backed by Ningbo Urban Construction Investment Holding Co Ltd, one of China’s state-backed urban infrastructure developers.

YTKJ has a partnership with Shanghai Stock Exchange-listed Ningbo Joyson Electronic Co Ltd to produce and manufacture BESS.

Meta Bright executive director Derek Phang Kiew Lim said the JV is expected to help contribute the development for Malaysia’s energy landscape.

Source: NST

Meta Bright in tripartite deal to develop BESS, EV charging infrastructure

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Local micro, small and medium enterprises, exporters and companies involved in the supply chain are urged to be more proactive in incorporating environmental, social and governance (ESG) practices into their businesses.

Deputy Investment, Trade and Industry Minister Liew Chin Tong said this initiative would make it easier for their goods to penetrate international markets.

“They must act proactively so their products are not prevented from entering the international markets due to restrictions on ESG-related regulations,” he said during the special chamber session at the Dewan Rakyat today.

Liew was replying to Hassan Abdul Karim’s (PH-Pasir Gudang) question about local companies’ compliance with the ESG framework.

He said the government has taken proactive steps to help local companies prepare to meet foreign countries’ ESG compliance requirements and the national Industrial Environmental, Social, and Governance (i-ESG) framework introduced in 2023.

“However, I must stress that the implementation of i-ESG practices in Malaysia is voluntary and driven by the market and needs set by companies in the supply chain,” said Liew.

Source: Bernama

MITI tells local firms to proactively integrate ESG practices

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Taiwanese semiconductor services firm ASE Technology Holding Co Ltd on Tuesday officially opened its fifth plant in Penang for chip packaging and testing.

The new plant will more than triple its floor space in Malaysia to about 3.4 million square feet, according to a statement. ASE, the world’s largest provider of outsourced semiconductor assembly and test services, said it will hire an additional 1,500 employees “over the next few years” for the plant.

“With Malaysia solidifying its position as a regional semiconductor hub, we see our expanded facility playing an even greater role across the global semiconductor value chain and contributing to the country’s economic growth,” said ASE chief executive officer Dr Tien Wu.

ASE’s plant in the Bayan Lepas Industrial Zone comes online at a time of rising demand for cutting-edge chips required for artificial intelligence and other advanced computing.

Penang is home to some of the largest global electrical and electronics companies, including semiconductor giants Intel and Infineon Technologies, as well as major manufacturers such as medical device maker B Braun and power tool company Bosch.

The new facility “further cements Penang’s position as a powerhouse in the global semiconductor landscape, reinforcing its reputation as the ‘Silicon Valley of the East’,” Penang Deputy Chief Minister II Jagdeep Singh Deo said in the joint statement.

For the Malaysian Investment Development Authority (Mida), ASE’s continued expansion in Penang underscores the long-standing partnership between Malaysia and Taiwan.

“These partnerships will not only drive demand for precision engineering, automation and semiconductor manufacturing, but they’ll also help our homegrown leaders,” said Mida deputy chief executive officer of investment promotion and facilitation Sivasuriyamoorthy Sundara Raja.

Source: The Edge Malaysia

Taiwan’s ASE opens fifth plant in Penang, will hire additional 1,500 staff

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Sabah’s Petroleum Storage and Refinery Plant project is expected to create close to 5,000 job opportunities for Sabahans, says Chief Minister Datuk Seri Hajiji Noor.

“This is a promising development for our local workforce,” said Hajiji, adding: “I am committed to ensuring that Sabahans are prioritised for these opportunities, as part of our ongoing efforts to drive local development.”

The project that would bring in over USD 3.5bil (RM15.5bil) in foreign direct investment (FDI) will require more than 3,000 workers during its construction and over 1,000 permanent jobs will be created once the plant becomes fully operational.

The project, owned by Petroventure Energy Sdn Bhd is slated to begin in April and is expected to contribute significantly to the state’s economic growth, leveraging Sabah’s vast natural resources.

Hajiji expressed confidence that the facility, designed to process up to 150,000 barrels per day (BPD), will help establish Sabah as a prominent hub for oil and gas operations in the region.

With the addition of an oil storage capacity of three million cubic meters for both crude oil and refined petroleum products, the project will further cement the state’s strategic position within the global energy sector.

“This is another strategic new investment that will undoubtedly strengthen Sabah’s position as a hub for the oil and gas industry in the region,” said Hajiji.

Beyond the refinery itself, the project will also involve the construction of essential infrastructure, including a jetty, oil upgrading facilities, petroleum testing laboratories, and administrative buildings.

These additions will further enhance SOGIP’s appeal as a global investment destination.

Hajiji also reassured the public that the environmental impact of the project has been carefully considered.

Petroventure Energy has carried out extensive studies, including an Environmental Impact Assessment (EIA), to ensure the development aligns with both industry standards and the state’s environmental priorities.

SOGIP has already attracted several high-impact investments, such as Esteel’s Green Steel factory, which carries an RM20bil phased investment.

In addition, the recently announced RM8.88bil Energy, Oil, and Gas Hub Project, a collaboration between Sabah Oil and Gas Development Corporation (SOGDC) and Gibson Shipbrokers Limited, promises to elevate Sabah’s position in the Southeast Asian energy sector.

Hajiji reaffirmed the state government’s commitment to supporting investments that would provide long-term benefits for the people of Sabah.

“We are confident that this project will catalyse the growth of the oil and gas industry, making Sabah a competitive energy hub on the international stage,” he said.

Sabah’s abundant natural resources, coupled with its strategic location, stable political environment, and diverse economy, continue to make the state a prime destination for foreign investors.

Source: The Star

Sabah’s petroleum refinery project to create nearly 5,000 jobs, says Chief Minister

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The Investment Malaysia Facilitation Centre Johor (IMFC-J) is a game-changer in the investment landscape of the state, said Menteri Besar Datuk Onn Hafiz Ghazi.

He said that as a result, the project approval process can now be expedited in just 14 months, making it more efcient, faster, and effective compared to the previous duration of up to 24 months or more.

“I express my gratitude to His Royal Highness, the Regent of Johor, Tunku Mahkota Ismail, for his consent to attend the opening ceremony of the IMFC-J ofce in Forest City, Iskandar Puteri today.

“The inauguration of IMFC-J is an important step in achieving the Johor-Singapore Special Economic Zone (JS-SEZ) initiative. Johor is serious about positioning itself as a key player in the regional economy and aims to dominate global investment,” he said in a post on Facebook today.

Onn Hafiz said that in line with the establishment of JS-SEZ, IMFC-J will revolutionise the state’s investment landscape, reduce bureaucratic red tape, accelerate project approvals, and continue driving high-quality investment inflows, which will create high-income job opportunities in the state.

“Johor continues to progress in realising the JS-SEZ agenda since the agreement was signed on January 7. One strategic step after another has been implemented to strengthen the foundation toward the success of JS-SEZ.

“The state government, with the support of the federal government, will continue to drive Johor with determination, ensuring that the state remains a competitive main investment destination,” he said.

At the same time, Onn Haz hopes that progressive strategies and unwavering commitment will strengthen the economy, create more opportunities, and solidify Johor’s position as a regional economic
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IMFC-J, A Game-changer In Johor’s Investment Landscape – Onn Hafiz

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The National Investment Council (NIC) meeting has approved the implementation of a specific framework for the National Semiconductor Strategy (NSS) which outlines a clear direction to target the development of 110 local companies in high-value activities.

The Ministry of Investment, Trade and Industry (MITI) said the high-value activities are integrated circuit design (IC design), advanced packaging and advanced manufacturing equipment.

“This includes 10 local companies related to semiconductors with revenue of between RM1 billion and RM4.7 billion, as well as supporting the establishment of 100 other companies, each expected to generate annual revenue of around RM1 billion,“ it said in a statement today.

According to MITI, Prime Minister Datuk Seri Anwar Ibrahim, while chairing the NIC yesterday which was the first meeting of the year, approved the implementation of the NSS specific framework.

In this regard, MITI said it will work closely with other ministries, such as the Economy Ministry, the Foreign Ministry, the Science, Technology and Innovation Ministry, the Digital Ministry, the Natural Resources and Environmental Sustainability Ministry and the Higher Education Ministry.

NSS was launched on May 28, 2024.

It aims to strengthen Malaysia’s position in the global semiconductor supply chain as a strategic step to increase added value to the contribution of the manufacturing sector to the growth of Malaysia’s gross domestic product as well as the addition of skilled talent and an increase in median wages in the manufacturing sector, as targeted by the New Industrial Master Plan 2030.

Source: Bernama

NSS framework passed to develop 110 local high-tech companies – MITI

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Kinergy Advancement Bhd (KAB) has established a strategic collaboration with Perbadanan Kemajuan Negeri Perak (PKNP) for the development of 29 potential renewable energy projects in Perak, targeting power generation of over 1,800 MW capacity power generation.

Under this agreement, KAB’s wholly owned subsidiary, KAB Energy Holdings Sdn Bhd (KEH), will collaborate with PKNP to identify, evaluate, and develop renewable energy projects across Perak.

The group’s technical expertise takes centre stage in this strategic collaboration, driving innovative energy developments with the aim of advancing the national energy transition for the region.

KAB executive deputy chairman and group managing director Datuk Lai Keng Onn said Perak is a region brimming with potential, especially in hydropower and solar energy.

“We are excited to collaborate with PKNP to tap into these resources in a meaningful way.

“KAB is proud to be a key partner, offering expertise to drive sustainable development and collaboratively explore Perak’s energy potential, with 50 megawatt power generation capacity projects currently in the pipeline,“ he said in a statement.

Leveraging a proven track record in managing diverse energy portfolios, KEH is taking the lead in conducting in-depth feasibility studies to evaluate the technical, commercial and legal viability of potential project sites.

These studies span hydropower generation from identified rivers, floating solar installations on lakes and ground-mounted solar projects on state-allocated land.

KEH will also spearhead the subsequent implementation phase, ensuring seamless execution.

Further, KEH and PKNP also establish a partnership aimed at advancing shared goals to drive the energy transition in Perak.

By harnessing the vast potential of hydropower, floating solar, and ground-mounted solar projects in strategic locations—with support from PKNP, which provides access to key resources like rivers, lakes, and state-owned land—the partnership is well-positioned to seize these opportunities.

PKNP CEO Datuk Redza Rafiq Abdul Razak said with its abundant natural resources, Perak is making significant strides in developing renewable energy.

He said this is part of its broader efforts to transition towards a greener, more sustainable future.

“Perak’s potential to become a key player in Malaysia’s renewable energy landscape, tapping into various energy sources like solar power and hydropower, is a reason for optimism and a testament to our unwavering commitment to sustainability.

“This collaboration marks a significant milestone in Perak’s journey towards a sustainable energy future. With KEH’s expertise in renewable energy and PKNP’s strategic role in driving state development, particularly in energy infrastructure and policy, we are confident that this partnership will unlock Perak’s vast hydropower and solar energy potential.

“The successful execution of these projects will not only enhance Perak’s renewable energy capacity but also create new economic opportunities.

“This, along with our commitment to fostering a greener, more resilient economy for future generations, provides inspiration and hope about our strategic direction and the region’s potential for growth,“ he said.

Lai said by partnering with PKNP, KAB can accelerate the development of sustainable energy infrastructure, strengthening Perak’s position as a leader in Malaysia’s renewable and clean energy transition.

“This collaboration will bring transformative benefits at both the state and national levels, paving the way for a more resilient future,” Lai said.

Source: The Sun

KAB, PKNP partner to develop over 1,800MW of RE in Perak

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Malaysia is well-positioned to enhance its role in advanced packaging and semiconductor manufacturing, supported by a strong infrastructure base and a highly skilled workforce.

RHB Research noted that the country stands to capture a larger share of the technology market as geopolitical tensions and supply chain diversification push semiconductor companies to explore new manufacturing hubs.

“However, investments in these technologies require patience, often taking five to 10 years to yield returns,” it said in a note.

The firm said government support mechanisms are needed to establish and grow semiconductor fabs.

It said a strong base of engineering talent is crucial to sustain advanced manufacturing to achieve good yield and research and development efforts.

“Government policies such as subsidies and taxes further enhance investment appeal by lowering operational costs. Third, reliable and competitively priced utilities like electricity and water are necessary to support high-energy-consuming fabrication processes,” said the firm.

It added that the trade war has accelerated the diversification of supply chains, pushing companies to explore regions like Southeast Asia for manufacturing.

The shift is influencing the locations these companies choose to invest in and produce their products.

“Navigating this conflict requires a balanced approach, avoiding excessive alignment with either side to maintain trade relationships and strategic positioning,” it said.

The firm maintained an ‘Overweight’ call on the technology sector.

Source: NST

Malaysia can do better in advanced packaging, semiconductor manufacturing

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The Malaysia Investment Facilitation Centre-Johor (IMFC-J) in Forest City, was launched today to streamline investments in Johor and strengthen its position as a regional economic powerhouse.

Backed by the Iskandar Regional Development Authority (IRDA), Invest Johor and the Malaysian Investment Development Authority (MIDA), the centre aimed to accelerate approvals and attract high-value investors.

His Royal Highness Tunku Ismail, the regent of Johor, officially launched the centre today.

Present were Menteri Besar Datuk Onn Hafiz Ghazi; Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz; IRDA chief executive officer Datuk Noorazam Osman, and Invest Johor chief executive officer Natazha Hariss and State Secretary Tan Sri Azmi Rohani.

IMFC-J had received 88 inquiries, resulting in project expansions and new ventures that were expected to take off within a year.

Natazha described the centre as a key platform to tackle investment challenges and enhance investor confidence, besides supporting the Johor-Singapore Special Economic Zone (JS-SEZ) and Forest City’s Special Financial Zone.

He said the focus would be mainly on logistics, manufacturing, financial and business services, health, green economy, food security, tourism, renewable energy, digital economy and education.

The Johor government, through IMFC-J, had targeted to attract 50 companies to invest in the state in five years, and 100 within a decade.

“We hope to attract 50 projects in the first five years, with each company investing a minimum of RM200 million per project,” he said.

The centre is also projected to create 20,000 skilled job opportunities in Forest City, leading to a seven to eight per cent growth in its gross domestic product by 2030.

“IMFC-J aligns with the Johor Super Lane (JSL) framework, designed to further strengthen the state’s investment ecosystem and accelerate economic growth,” Natazha told the New Straits Times today.

“JSL is designed to streamline governance, fast-track business processes, and strengthen Johor’s status as a regional investment hub.

“The super lane will operate through IMFC-J, a one-stop centre for expediting investments and development,” Natazha said, adding that the JSL innovation would enhance the ease of doing business in Johor.

IMFC-J serves as a centralised facilitation hub, streamlining regulatory processes and offering direct investor support.

Located in Forest City, a key component of the Johor Special Financial Zone, the centre plays a critical role in leveraging cross-border economic activities, particularly under the JS-SEZ framework.

Meanwhile, Onn Hafiz said IMFC-J was revolutionising Johor’s investment landscape.

“Previously, project approvals took up to 24 months or more, but now, the process has been streamlined to just 14 months, making it faster, more efficient and highly effective.”

The launch of IMFC-J marked a milestone in reinforcing Johor’s commitment to becoming a key player in the regional economy and signalled the state’s ambition to dominate the global investment arena, he added.

Source: NST

Forest City centre eyes 100 firms, with RM200 million minimum investment per company

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Malaysia should implement a comprehensive strategy to attract semiconductor and high-tech industries to the country, according to RHB Investment Bank Bhd (RHB IB).

In a note on Tuesday, the investment bank said the strategy includes government support, talent attraction, education reforms and industry recognition.

It said the government must be prepared to provide substantial subsidies, tax incentives and special pricing for power and water to make the country competitive for investments.

“Efforts should be made to bring back experienced Malaysian semiconductor professionals working abroad, by offering special incentives and making the Malaysia My Second Home (MM2H) programme more attractive for expatriates.

“Strengthening universities by increasing engineering and technology programme intakes, aligning curricula with industry needs, and fostering research collaboration with companies will also help build a skilled local workforce,” it said.

RHB IB said recognising industry leaders, scientists and key contributors could also inspire greater participation in high-tech industries and drive motivation for research and development (R&D).

“Highlighting their achievements not only fosters innovation but also encourages the next generation to contribute to technological advancements,” it noted.

To strengthen its position in the semiconductor and software industries, Malaysia could collaborate with Asean to establish a regional cluster or hub, said RHB IB.

The bank said that working closely with Singapore will help attract major players like Micron, GlobalFoundries and Lam Research — by offering these companies incentives to expand their operations into Malaysia.

“Facilitating the seamless movement of equipment, materials and engineering support between the two countries can also enhance supply chain efficiency,” said the bank.

At a broader Asean level, RHB IB said linking with Thailand, Vietnam, and the Philippines could provide a cost-effective alternative to China for production activities.

It added that encouraging free trade and the smooth flow of materials within Asean can further enhance regional competitiveness.

“Positioning Asean as a China+1 alternative for semiconductor, software and equipment production will strengthen the region’s role in global supply chains, making it an attractive destination for high-tech investments,” it added.

According to RHB IB, semiconductor equipment investments are expected to double from US$100 billion today to US$200 billion over the next decade, reflecting the increasing demand and continued advancements in semiconductor technology.

Source: Bernama

Implement comprehensive strategy to attract semiconductor, high-tech industries to Malaysia — RHB IB

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The Investment Malaysia Facilitation Centre Johor (IMFCJ) in Forest City here has been officiated by Johor Regent Tunku Ismail Ibni Sultan Ibrahim.

Johor investment, trade, consumer affairs and human resources committee chairman Lee Ting Han said the opening ceremony of the IMFCJ operations office was held on Tuesday (Feb 18).

“The establishment of the centre is a symbol of the state’s commitment to strengthening the Johor-Singapore Special Economic Zone (JS-SEZ) as a catalyst for regional economic growth.

“IMFCJ will function as a strategic hub and ease investments, speed up approval processes, and also act as a bridge for stakeholders to attract high quality investments to Johor,” Lee said in a Facebook post.

The ceremony was also attended by dignitaries such as Johor Mentri Besar Datuk Onn Hafiz Ghazi and Investment, Trade and Industry Minister Datuk Seri Zafrul Abdul Aziz.

Lee urged all quarters to work together to make Johor the choice investment destination in Malaysia and the region.

The IMFCJ is also a one-stop centre involving over 10 federal and state agencies such as local authorities to expedite JS-SEZ investments.

Lee previously said the centre would have dedicated account managers handling the back-end processes for investors. This includes processes such as dealing with local authorities, utility providers and other licensing providers.

For example, some processes which used to take 30 days could be reduced to just seven days while consideration for building plans, which could take up to 57 days previously, could be done in 18 days.

Source: The Star

Johor Regent officiates at launch of Johor investment facilitation centre

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The National Investment Council (MPN) meeting has agreed that semiconductor diplomacy should become one of the strategic pillars of the National Semiconductor Strategy (NSS) policy framework, said Prime Minister Datuk Seri Anwar Ibrahim.

In a Facebook post, he announced that the strategic framework is designed to strengthen synergistic cooperation with international partners and ASEAN countries to ensure a sustainable and resilient supply chain for both domestic and global semiconductor players.

“In this regard, the Ministry of Investment, Trade, and Industry (MITI), in collaboration with the Ministry of Foreign Affairs, will foster closer cooperation in semiconductor diplomacy and strategic initiatives that can elevate the country to a higher level of expertise,“ he said.

The MPN meeting today agreed with the proposal to implement the NSS policy framework.

Anwar said it will focus strategically on the development of local companies to create 10 semiconductor-related companies with estimated revenues ranging from RM1 billion to RM4.7 billion.

Source: Bernama

Semiconductor diplomacy to become strategic pillar of policy framework – PM Anwar

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Malaysia will continue to support and attract foreign direct investments (FDI) from any country, including the United States and China, despite concerns about US tariffs imposed on certain countries.

International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the US remains an important trading partner for Malaysia, serving as the top export destination, followed by China.

“Over the past nine months, US companies have been the largest source of foreign investments in Malaysia. We continue to actively engage with key US stakeholders, institutions and agencies through various platforms.

“While there are always areas for improvement, our trade and investment relations remain stable and unchanged. Additionally, we have undertaken preparatory measures to address any potential policy changes, though none have been initiated at this time,” Tengku Zafrul told reporters at the South China Morning Post China Conference Southeast Asia 2025 today.

He said that while many believe it is inevitable, Malaysia remains committed to ongoing engagement with the US.

“We aim to understand their concerns and explore ways to mitigate issues such as trade deficits, technology challenges, and areas for closer collaboration. This remains the position of our ministry. In fact, I am planning a visit to the US to further engage with American investors and strengthen trade relations between our two countries, Tengku Zafrul said.

Touching on Asean, he said despite the decline in global FDI, Asean has remained a net recipient of FDI from both China and the US, with investment flows into the region continuing on a positive trajectory.

This trend, he added, is driven by companies realigning their supply chains, often reflecting the evolving geopolitical landscape in today’s diverse world.

“Malaysia firmly believes in multilateralism and the existing platforms that support it. Asean’s continued neutrality is crucial, and we are committed to maintaining this balanced approach as a region. Regarding concerns such as US restrictions on technology, Malaysia and other Asean countries have the legal frameworks to address these challenges,” Tengku Zafrul said.

He also said Malaysia’s strong trade relationships with Hong Kong, Asean and China present numerous opportunities for collaboration.

“Hong Kong remains a key trading partner for both Asean and Malaysia, and we are committed to maintaining and strengthening this engagement. With existing FTAs between Asean and China and between Asean and Hong Kong, we aim to enhance these ties further.

“As industries continue to evolve and shift, Hong Kong is well-positioned to play a crucial role in supporting and mitigating these changes. It remains a significant trading partner for the region and Malaysia alike,” Tengku Zafrul said.

The conference took place in Malaysia as the country takes centre stage this year as the Chair of Asean. It examined the China-Asean relationship amid an uncertain global environment and discussed the strategic importance of stronger ties between China, the world’s second-largest economy, and Asean, the world’s most dynamic economic bloc.

Source: The Sun

Malaysia will continue to welcome FDI from any country, including the US and China: Tengku Zafrul

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UNITED STATES-based Benchmark Precision Technologies has officially expanded its presence in Penang with the groundbreaking ceremony of its fifth manufacturing facility.

Strategically located adjacent to its fourth facility in the Batu Kawan Industrial Park (BKIP), the new facility is expected to be completed by June 2026.

This expansion complements the company’s three other manufacturing sites in Bayan Lepas, further solidifying its role as a key player in Malaysia’s high-tech manufacturing landscape.

The groundbreaking ceremony, held today, was officiated by Deputy Chief Minister II Jagdeep Singh Deo, marking another milestone in Penang’s growing prominence as a hub for advanced manufacturing and precision engineering.

Benchmark Precision Technologies Group president Datuk Dr Balamurugan Sinnasamy highlighted that the new facility will be a cutting-edge two-storey building featuring office spaces, advanced production areas, including cleanrooms, complex machining capabilities, automated powder coating lines and a multi-storey car park and other in-house amenities.

“With an investment of RM110 million over the next 18 months, this facility will add an additional 215,000 sq ft of manufacturing space.

“Over the next five years, we expect to create employment opportunities for more than 500 professionals across various skill levels.

“Upon full operational capacity, Benchmark will have a total of 720,000 sq ft of manufacturing space in Penang, enhancing its ability to generate up to RM4.5 billion in annual revenue,” said Dr Balamurugan in his speech.

Dr Balamurugan emphasised that the expansion also will strengthen Benchmark’s capacity to meet the rising demand for Wafer Fab Equipment (WFE) manufacturing in the region.

“This facility will enhance our expertise in complex module assembly and high-level system integration for leading semiconductor WFE manufacturers.

“Additionally, it will accommodate large-form-factor precision machining and incorporate a state-of-the-art automated powder coating line, reinforcing Benchmark’s position as a Tier 1 contract manufacturer in Southeast Asia,” he added.

Meanwhile, Jagdeep lauded Benchmark’s continued investment in Penang, recognising it as a testament to the state’s robust industrial ecosystem, skilled workforce, and strategic global connectivity.

“I am confident that Benchmark Precision Technologies will continue to thrive by leveraging Penang’s dynamic industrial landscape.

“Since its entry into Malaysia in 2007, the company has played a crucial role in shaping our economic and technological progress,” Jagdeep stated.

He also noted the significant role of US investors in bolstering Penang’s industrial growth.

“Investments from US firms, including Benchmark, have been instrumental in advancing technological innovation and industrial capabilities in the region,” said Jagdeep.

Also present during the groundbreaking ceremony were Bukit Tambun assemblyman and InvestPenang director Goh Choon Aik, Malaysian Investment Department Authority (Mida) Penang director Muhammad Ghaddaffi Sardar Mohamed and Benchmark Precision Technologies Penang vice-president and general manager Khoo Kay Chuan.

Source: Buletin Mutiara

Benchmark Precision Technologies expands footprint in Penang with fifth manufacturing facility

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Malaysia is positioning itself as a key player in enhancing economic and strategic partnerships with both China and the United States amid the ongoing global power rivalries, according to Minister of Investment, Trade, and Industry (MITI), Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

In his address at the China Conference Southeast Asia 2025, he said that Malaysia and Asean’s relationship with China must remain grounded in mutual respect and trust, with an emphasis on high-value industries, innovation, and sustainable development.

“China remains Asean’s largest trading partner, with trade volume close to 1 trillion USD in 2023. Furthermore, China is Asean’s third-largest source of foreign direct investment (FDI),” he said.

“Conferences like this are critical to fostering deeper understanding between Asean and China to capitalise on this momentum.”

At the same time, Tengku Zafrul underscored Malaysia’s commitment to strengthening ties with the United States, where he highlighted that the US remains Malaysia’s largest export destination and one of the leading sources of foreign investments in the past nine months.

“Malaysia views the US as a key trading partner. Despite global geopolitical shifts and challenges, we continue to engage with relevant US institutions and stakeholders through existing platforms. Trade and investments with the US remain a priority,” he stated.

Tengku Zafrul also addressed concerns about the US-China trade tensions and their potential implications for Malaysia and the region.

He noted that Asean has been a net recipient of FDI from both countries as companies realign their supply chains due to geopolitical factors.

Malaysia, he added, remains steadfast in its multilateral approach and its advocacy for Asean centrality and neutrality.

“While global FDI has seen a decline, Asia has continued to attract significant inflows from both the US and China,” he said.

“This highlights the region’s strategic importance in a multipolar world. Malaysia is committed to maintaining laws and policies that support investments from all countries,” Tengku Zafrul continued.

Addressing concerns about US tariffs and export restrictions, particularly on technology, Tengku Zafrul expressed confidence that Malaysia and other Asean countries could navigate these challenges by engaging with all stakeholders.

“The key moving forward is to address concerns through dialogue and proactive engagement,” he said.

He also revealed that the MITI is planning a trade and investment mission to the United States in the second quarter of the year, subject to cabinet approval.

“As part of the ministry’s role, we visit key trade partners like the US, China, and Europe annually to strengthen economic ties,” he stated.

“This year, the mission will cover both the East and West coasts of the US, aligning with our efforts to engage with global investors and promote Malaysia as an investment destination,” he continued.

As the global economic order evolves, Tengku Zafrul affirmed Malaysia’s belief in multilateralism and the importance of fostering balanced relationships with major powers.

He called on Asean to embrace emerging opportunities in the face of shifting economic dynamics, particularly in trade, investment, and technology.

“Asean must step up to leverage these opportunities, especially through its partnership with China, while maintaining strategic ties with the US. This balanced approach will ensure that the region remains resilient and competitive,” Tengku Zafrul concluded.

With the global economic landscape in flux, Malaysia’s pragmatic and inclusive approach signals its readiness to navigate the complexities of international trade and investment while ensuring sustainable growth and regional stability.

Source: NST

Malaysia aims to enhance economic ties with US, China amid global power rivalries

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Malaysia has 18 data centres with a total electricity demand of at least 800MW, and the number is expected to increase to 81 by 2035, says Deputy Energy Transition and Water Transformation Minister Akmal Nasrullah Mohd Nasir (pic).

He said the government is making efforts to ensure a sufficient supply of renewable energy (RE) for data centres in Malaysia without disrupting the national energy grid or increasing electricity tariffs.

While acknowledging that the data centre industry is energy-intensive, he said the government had introduced Power Usage Effectiveness (PUE) to ensure that energy efficiency would be a priority in new data centres.

He said that the ministry recognised that access to green electricity supply is a prerequisite for the development of these data centres

“The government has committed to gradually and systematically increasing the renewable energy (RE) capacity mix in the national electricity supply,” he said in Dewan Rakyat on Monday (Feb 17).

He said the gradual increase of the green electricity composition in the country’s power supply is targeted to be 31% by 2025, 40% by 2035, and 70% by 2050.

He added that there would be arrangements where data centres can pay for easier and direct access to green electricity supply from RE generators.

Data centres and other corporate companies can pay for a system to access green electricity from RE generators through the use of utility grid network services, he said,

The payment, he said, will be used to cover part of the costs of strengthening the electricity supply system and grid network.

“This step is crucial to reduce the tariff increase for electricity users because the costs required for strengthening the grid network system to accommodate data centres are very high,” he said in Dewan Rakyat on Monday (Feb 17) in response to Datuk Ali Biju (PN-Saratok).

He asked about what steps are taken to meet renewable energy (RE) needs in data centre development and whether the supply of RE to data centres would disrupt the overall energy supply and cause an increase in electricity tariffs in the future.

Source: The Star

Government commits to renewable energy growth as data centres multiply in Malaysia

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Sarawak has attracted RM116 billion in investments from 2020 to September 2024, solidifying its status as a prominent destination for foreign investors.

This achievement was highlighted by Deputy Premier Datuk Amar Awang Tengah Ali Hasan during his address at the Parti Pesaka Bumiputera Bersatu (PBB) Convention at the Borneo Convention Centre Kuching here on Sunday.

He said of this RM116 billion, 60 per cent was foreign direct investment.

“This success is largely due to our political stability, business-friendly policies and efficiency of our government administration. The investments span key sectors, including premier industries central to the state’s economic strategy, manufacturing and services.”

He noted Sarawak was also in active discussions regarding investment proposals of at least RM100 billion in renewable energy, green hydrogen, manufacturing and the oil and gas sector.

Beyond attracting substantial investments, Awang Tengah said Sarawak also experienced significant growth in external trade, with total trade rising from RM150.87 billion in 2021 to RM193.42 billion in 2023 while exports in 2023 amounted to RM130.84 billion, far exceeding imports of RM62.58 billion.

He noted the state’s acquisition of a majority stake in Affin Bank and acquisition of MASWings, and its subsequent rebranding to AirBorneo, is expected to further bolster economic, trade and tourism activities in the state.

Meanwhile, Awang Tengah said Sarawak’s growing international prominence is largely attributed to its proactive stance of global challenges, particularly climate change.

He credited the leadership of Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg for driving policies that focus on green energy, renewable resources and sustainable development and the premier’s invitations to international forums in Europe and Asia, where his views on sustainable development are highly sought after.

Awang Tengah also detailed the progress of utility development under the 12th Malaysia Plan.

“A total of RM5.7 billion has been allocated for water supply projects, achieving 85.4 per cent coverage with 70.5 per cent in rural areas. RM2.82 billion has been invested in electricity, providing 99.4 per cent coverage statewide, and 98.6 per cent in rural areas.

“Additionally, RM2.3 billion is dedicated to expanding telecommunications, with 86.8 per cent coverage in the state. These comprehensive utility efforts are central to the state’s agenda, ensuring essential services reach even the most remote areas,” he said.

Source: Borneo Post

Deputy Premier: Sarawak secures RM116 bln in investments from 2020 to Sept 2024

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OVER 10 federal and state agencies will be placed under Invest Malaysia Facilitation Centre (IMFC) Johor office to help turn the Johor-Singapore Special Economic Zone (JS-SEZ) into a regional investment hub.

State investment, trade, consumer affairs and human resources committee chairman Lee Ting Han said renovations of the IMFC Johor office at Forest City, Iskandar Puteri, was completed with the centre starting operations on Feb 12.

The Paloh assemblyman added that IMFC Johor would facilitate investments and assist businesses wanting to establish or expand their operations within JS-SEZ.

“IMFC Johor will be a one-stop centre to help investors and companies.

“All matters related to investment incentives, business approvals and operational support will be managed efficiently.

“There will be strategic coordination among agencies as IMFC Johor will be working closely with Iskandar Regional Development Authority (Irda), Invest Johor, Malaysia Investment Development Authority (Mida) and Investment, Trade and Industry Ministry,” he added.

“The IMFC office will also be working with relevant authorities to enable efficient planning and implementation of policies that support JS-SEZ growth.”

Lee also said Irda, together with Invest Johor and Mida, would be the three main anchor agencies at IMFC Johor.

He said other agencies including local authorities such as Johor Baru City Council (MBJB) and Iskandar Puteri City Council (MBIP) would have a presence there too.

“Federal agencies like Customs Department and Malaysian Communications and Multimedia Commission (MCMC), and utilities provider such as Tenaga Nasional Bhd (TNB) and Ranhill SAJ will be invited.”

Lee added that IMFC Johor would be using existing staff from Irda, Mida and Invest Johor in its daily operations.

With an increasingly robust business infrastructure, efficient administrative system and attractive incentives offered through JS-SEZ, he said IMFC Johor would help attract high-quality investments into the state.

This would generate more job opportunities and boost the local economy.

Lee expects IMFC Johor to further strengthen economic relations between Johor and Singapore.

“JS-SEZ will offer special incentives and facilities to companies from both countries.

“IMFC Johor will play a role in ensuring smooth business operations across borders, speeding up the company registration process and providing advisory services to international investors.”

With IMFC Johor operational, Lee said the state government was confident that JS-SEZ would be a catalyst for Johor’s economic transformation.

“IMFC Johor will bring more investment in strategic sectors such as technology, advanced manufacturing, logistics as well as the digital economy.

“Together, we will realise the vision of making Johor the main investment hub in the region.”

Last November, Johor Mentri Besar Datuk Onn Hafiz Ghazi said the Kulai Fast Lane initiative, which had proven to be a big success in facilitating investments in the state, would be expanded under the IMFC.

He added that both state and federal agencies would be placed under one roof at IMFC, making it easier for investors to set up business operation in the state.

“This will ease doing business in Johor.

“Through IMFC, we intend to cut all the red tape to shorten time for investors to start operations,” Onn Hafiz had said.

The fast lane initiative was introduced by Kulai Municipal Council in 2022 to reduce red tape.

It is aimed at speeding up the process of obtaining physical development applications in the district by expediting approval process for construction permits, such as Certificate of Completion and Compliance and operating licences for foreign investors.

Source: The Star

One-stop hub to expedite JS-SEZ investments

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The Ministry of Investment, Trade and Industry (MITI) is reviewing five legislations to strengthen industrial development which the ministry intends to present to parliament this year.

Deputy Minister Liew Chin Tong, representing MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz, highlighted five key Acts under review, namely the Industrial Coordination Act 1975 (Act 156), which is planned to be replaced by the Industrial Development Bill 2025.

The others are the Countervailing and Anti-Dumping Duties Act, 1993 (Act 504), the Malaysia Productivity Corporation Act 1966 (Act 408), the Standards of Malaysia Act 1996 (Act 549) and the Strategic Trade Act 2010 (Act 708).

Speaking at a town hall session today, Liew said the proposed Industrial Development Bill 2025 seeks to simplify business processes for manufacturers and enhance supply chain resilience, drawing lessons from the COVID-19 pandemic. He recalled that when COVID-19 hit in 2020, Malaysia scrambled to gather data and information to decide which sectors were essential and which were not.

“The draft bill is guided by the spirit of making it easier for manufacturers that fulfill requirements to obtain manufacturing licenses (MLs) and manufacturing status (in place of the current ICA 10), especially through the adoption of digitalisation and streamlining of processes,” he said.

He added that the new Industrial Development Bill 2025 intends to use the issuance of manufacturing licenses and manufacturing status, as well as the once-every-three-year validation, as a mechanism to keep track of local manufacturing activities and build a resilient local supply chain. “Beyond making it easier for manufacturers and ensuring supply chain resilience, the new Industrial Development Bill 2025, which includes elements of star-rating industrial parks, will also be the foundation for Malaysia to build a strong Malaysian industrial base for the next generation.”

The deputy minister highlighted that the reinforced Countervailing and Anti-Dumping Duties Act will be more effective in protecting the local industry against unfairly priced imports, especially when faced with potential global trade wars and disruptions. “The Anti-Dumping Amendment Bill is now at quite a mature stage, while all other bills would require further input to strengthen them. All your feedback is welcome and I assure you that MITI is all ears, listening and flexible in accommodating good suggestions,” he added.

Source: Bernama

MITI reviews five legislations to strengthen industrial development

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ASEAN is on track to become the world’s fourth-largest economy by 2030, but growth must be inclusive to ensure that all communities benefit, said Natural Resources and Environmental Sustainability Minister, Nik Nazmi Nik Ahmad.

He noted that while major urban centres like Kuala Lumpur, Bangkok, and Jakarta have high gross domestic product (GDP) levels, many areas across ASEAN still face significant challenges, including limited access to electricity, education, and economic opportunities.

“We are currently the fifth-largest economy, but the forecast is that by 2030, ASEAN could rise to fourth place.

“The challenge is not just achieving this milestone but also harnessing our economic strength to drive sustainable and equitable development for all,“ he told reporters after attending the ASEAN Youth Economic Forum (AYEF) 2025 here today.

Nik Nazmi stressed that economic progress should not be measured solely by overall GDP growth but by how well it improves the lives of people across ASEAN, particularly those in rural and underdeveloped regions.

“It is not enough to say we are the fourth-biggest economy if many still lack access to basic necessities, such as education, electricity, and equal opportunities for women. These issues must also be addressed,“ he said.

Earlier in his address, Nik Nazmi said if ASEAN were to act independently rather than as a unified bloc, the region would have a limited impact on global affairs.

“We are trying, for example, to come together as an ASEAN bloc at the 2025 United Nations Climate Change Conference (UNFCCC COP 30) to adopt a unified position on climate change.

“What works in Malaysia will most likely work most of the time—though not always—in Indonesia, Singapore, or the Philippines as we come from the same region, share cultural and economic similarities, and have comparable structures, among other factors,” he said.

AYEF 2025, held from February 14-16 at the Swiss Garden Hotel in Bukit Bintang, serves as a platform for young leaders from ASEAN and Japan.

Under the theme “Climate Change and Building a Climate-Resilient Economy”, the forum brings together policymakers, industry leaders, and youth delegates to discuss strategies for strengthening economic resilience in the face of climate change.

Source: Bernama

ASEAN on track to become world’s fourth-largest economy by 2030 – Nik Nazmi

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Hyperscale data centre specialist AirTrunk plans to make another multi-billion ringgit investment to develop its second cloud and AI-ready data centre in Iskandar Puteri, Johor.

The new data centre, named JHB2, will be capable of exceeding 270 megawatts (MW) to support the growing demand from global public cloud and technology companies in the region.

This announcement follows the launch of AirTrunk’s first Johor data centre, JHB1, in July last year, which has a capacity of 150MW.

The two facilities will provide more than 420MW of IT load and are expected to cost a combined RM9.7 billion (A$3.5 billion).

“Strategically located in a major availability zone, JHB2 offers an end-to-end cross border connectivity strategy for customers and the ability to scale their operations to match demand,” it said today.

The additional capacity will support Malaysia’s fast-growing digital economy and aligns with the establishment of the Johor-Singapore Special Economic Zone (JS-SEZ), AirTrunk added.

The new data centre will feature AirTrunk’s cutting-edge liquid cooling technology to manage the high-density demands of AI while ensuring significant energy savings.

JHB2 is designed to meet the highest standards of efficiency and security, with a low design Power Usage Effectiveness (PUE) of 1.25 and offer multiple renewable energy options.

In line with the Johor state government’s efforts to diversify water sources, AirTrunk is exploring the use of treated greywater as a sustainable water supply for its campus operations.

AirTrunk founder and chief executive officer Robin Khuda said Malaysia’s emergence as a digital powerhouse is a privilege the company to contribute to this growth over the long term and deliver shared benefit for the locals.

He said the data centres serve as essential infrastructure that will help boost productivity and enable new products and services that can drive economic growth.

“We are committed to helping realise the potential of cloud and AI in Malaysia and prioritising circularity for the benefit of society and the environment.

“AirTrunk is supporting local digital literacy and STEM initiatives, driving the energy transition and working to embed a sustainable water supply to make a positive impact,” he said.

Johor Menteri Besar Datuk Onn Hafiz Ghazi said AirTrunk’s efforts in providing high-value employment, training opportunities and digital infrastructure will leave a lasting positive impact on Johor.

“We welcome the announcement from AirTrunk of further investment as well as social and environmental initiatives that demonstrate a commitment to being a responsible and positive contributor in Johor.

“Ensuring high value employment and training opportunities, like those offered by AirTrunk, alongside the economic contribution of digital infrastructure also ensures a positive legacy for Johor,” he added.

JHB2 is AirTrunk’s 12th data centre across five Asia Pacific and Japan markets – Australia, Hong Kong, Japan, Malaysia and Singapore.

It adds to the company’s hyperscale data centre platform which now offers nearly 1.8 gigawatts of total capacity.

Source: NST

AirTrunk to build second data centre in Johor, combined cost of two facilities at RM9.7bil

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The Ministry of Investment, Trade and Industry (MITI) will continue its efforts to attract more investment, boost trade, and develop local industries following a strong 2024 gross domestic product (GDP) performance.

MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz noted that Malaysia’s GDP in 2024 exceeded expectations, driven by investment and exports.

“Among the factors contributing to this encouraging performance are increased investments, which saw double-digit growth of 12 per cent – the highest in 12 years – and higher exports, particularly in the electrical and electronics sector,” he said in a post on X today.

According to Bank Negara Malaysia, the Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, surpassing the initial projection of 4-5 per cent.

Source: Bernama

MITI to strengthen efforts in attracting investment after strong 2024 GDP performance

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Malaysia highlighted collaboration opportunities for Indian investors at an investment summit in the
southern business hub of Bengaluru.

Malaysian High Commissioner to India, Datuk Muzafar Shah Mustafa, said Malaysia’s quest for technological advancement and innovation offers immense potential for joint ventures between Malaysian and Indian entrepreneurs.

The New Industrial Master Plan (NIMP) 2030 charts Malaysia’s path towards becoming a high-tech, high-value economy and it is supported by the National Semiconductor Strategy to realise the country’s goal of becoming a major global player in technology powered by the semiconductor industry, he said at the “Invest Karnataka 2025 Global Investors Meet” held from Feb 12 to 14.

“We believe that Karnataka and Malaysia can be powerful partners in driving economic growth and technological advancement. We are eager to explore collaborations in sectors like IT, advanced manufacturing, biotechnology, healthcare, and renewable energy,” he said during the Malaysia country session.

The Malaysian delegation at the conference included India-based representatives of Investment, Trade and Industry Ministry (MITI), Malaysia External Trade Development Corporation (MATRADE) and Malaysian Investment Development Authority (MIDA).

Malaysia organised an exhibition booth during the event to address business enquiries.

Malaysia has stepped up its engagements with Indian entrepreneurs and investors.

It participated in the ‘Utkarsh Odisha — Make in Odisha Conclave 2025 in Bhubaneswar’ last month and in the ‘Bengal Global Business Summit’ on February 5 to 6 in Kolkata.

Source: Bernama

Malaysia Highlights Opportunities For High-Tech Collaboration With India

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JHT Semiconductor Sdn Bhd, a wholly-owned subsidiary of JHT Design Co Ltd, has officially opened its leading-edge manufacturing facility in Batu Kawan, Pulau Pinang, on Feb 15.

In a joint statement today, Malaysian Investment Development Authority chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the launch of the manufacturing facility marks a significant step towards Malaysia’s goal of becoming a key player in the global semiconductor machinery ecosystem.

“This project aligns perfectly with the New Industrial Master Plan 2030 and the National Semiconductor Strategy by strengthening our role in global supply chains, advancing semiconductor engineering, and enhancing research capabilities.

“The company’s focus on cutting-edge test handlers and the creation of high-skilled job opportunities for Malaysians reflect our commitment to driving economic growth, technological innovation, and reinforcing Malaysia’s position in the global semiconductor value chain,” he said.

Speaking on behalf of JHT Design Co, Rick Cui said the establishment of JHT Semiconductor in Malaysia marks a significant milestone in the company’s global expansion.

“This expansion strengthens our commitment to innovation and excellence. Malaysia’s strategic location and strong semiconductor ecosystem make it the ideal hub for our operations.

“This facility will enhance our production, manufacturing, and aftersales services, ensuring better support for our clients. We look forward to driving technological advancements and fostering long-term partnerships in the semiconductor industry,” he said.

According to the statement, the new Batu Kawan facility is equipped with advanced infrastructure designed to optimise production processes and ensure superior product quality.

It said this development aligns with JHT Semiconductor’s commitment to technological excellence and enhances its diverse portfolio of high-performance integrated circuit test handlers.

Source: Bernama

JHT Semiconductor Opens State-ofthe-art Manufacturing Facility InPenang

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