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

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

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

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

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

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

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

*****

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

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

Media Contacts

MIDA

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

CKD Corporation

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

Completion of Acquisition of Property For New Plant In Malaysia

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

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

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

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

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

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

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

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

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

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

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

Notable projects approved within the services sector include:

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

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

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

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

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

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

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

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

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

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

Primary Sector Attracts RM2.2 Billion Investments and Promising Opportunities

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

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

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

Thriving Pipeline and Lead Projects Reflect Investor Confidence in Malaysia

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

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

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

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

END

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

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

Malaysia Maintains Its Status as a Preferred Investment Hub

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

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

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

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

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

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

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

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

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

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

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

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

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

-End-

About MIDA

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

For more information, please contact:

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

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

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

Penang, Malaysia (23 May 2023) – SEMICON Southeast Asia (SEA) 2023, the region’s premier gathering of the semiconductor and microelectronics industry, kicked off today at the Spice Arena, Penang. The conference, spanning three days, features two themed pavilions and encompasses a variety of engaging events. Among the highlights are the CXO Summit, the SMART Mobility Forum, and the Sustainability Forum, all contributing to the vibrancy and significance of this year’s event.

The CXO Summit, an integral part of SEMICON SEA, is a high-level gathering of industry leaders and executives. It provides a platform for insightful discussions on investment opportunities within the region. Esteemed speakers and participants will exchange valuable perspectives, exploring the latest advancements in the semiconductor industry and shaping its future.

Speaking at the CXO Summit of SEMICON, Ms. Lim Bee Vian, Deputy Chief Executive Officer (Investment Development) of the Malaysian Investment Development Authority (MIDA), highlighted, “MIDA has proudly collaborated with SEMI over the years and we are encouraged by the interest and turnout.” She further added “The significant investments in the E&E industry are a testament to Malaysia’s appeal as a destination for industry players. In 2022 alone, the industry attracted a total investment of RM29.3 billion from 106 projects, with an impressive 95.2 percent coming from foreign sources. We have also seen the steady growth of aspiring local companies in our industry meeting the industrial needs of the MNCs and being very much part of the global value chain.” These remarks from Ms. Lim underscore MIDA’s commitment to fostering investment and positioning Malaysia as a preferred location for the semiconductor and microelectronics industry, reflecting the success and potential of the country’s E&E sector.

Raising the excitement levels this year is the inaugural SMART Mobility Forum, as SEMICON SEA embraces the future of transportation. With countries worldwide accelerating towards a Net Zero Emission future by 2050, automotive manufacturers are revolutionising their designs, lowering costs, and pioneering sustainable solutions. Titled “Towards Investment Sustainability in the EV Ecosystem,” MIDA’s presentation spotlights Malaysia’s commitment to becoming a key player in the Electric Vehicles (EV) revolution. In collaboration with MIDA, the forum presents an unrivalled opportunity for industry leaders, policymakers, and experts to explore cutting-edge innovations, investment prospects, and government initiatives in the EV sector. Malaysia’s visionary New Energy Policy (2022 – 2040) propels the nation towards a low-carbon future, with a target of 38 per cent EV penetration by 2040, solidifying its dedication to sustainable mobility.

Meanwhile, the Sustainability Forum further elevates the discourse on environmentally conscious practices and circular industry trends. Esteemed speakers from multinational giants like Schneider, Intel, Western Digital, and STMicroelectronics converge to share best practices, foster resilient circular industries, and drive Malaysia’s sustainability efforts through green technology investments. Aligned with Malaysia’s National Investment Aspirations (NIA) and Environmental, Social, and Governance (ESG) principles, the forum reinforces MIDA’s commitment to attracting high value-added and technology-driven investments, bolstering the nation’s sustainable development goals.

As SEMICON SEA 2023 unfolds, the conference takes centre stage in propelling Malaysia’s EV ecosystem and green technology advancements to new heights. With the collaboration between MIDA and SEMI, Malaysia stands poised to capture global attention as a leader in the transition towards electric mobility and sustainable practices. SEMICON SEA 2023 not only catalyses industry growth but also cements Malaysia’s position as an innovative hub for the semiconductor and microelectronics sector.

*****

About MIDA

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

For more information, please contact:

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

Mr. Mohd Riduan Abd. Rahman
Director, Green Technology Division, MIDA
Email: [email protected] | DL: +603-2267 6634

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

SEMICON SEA 2023 Showcases CXO Summit and Engaging Forums on SMART Mobility and Sustainability

KUALA LUMPUR – 23 May 2023 – Critical areas of semiconductor industry growth including sustainability, smart manufacturing, smart mobility, smart medtech and workforce development will take center stage over the next three-days at SEMICON Southeast Asia, the industry’s premier global electronics manufacturing and supply chain event. The opening was officiated by YAB Datuk Seri Dr. Ahmad Zahid Bin Hamidi, Deputy Prime Minister of Malaysia and YAB Mr Chow Kon Yeow, Chief Minister, Penang.

Themed Boosting Agility and Resiliency for the Electronics Supply Chain, the event will gather industry leaders to explore ways for the electronics industry to build a more robust supply chain as it navigates the current economic downturn and ongoing disruptions. The event will connect semiconductor manufacturing equipment companies, private and public partners, and other key industry stakeholders to explore new collaboration and growth opportunities.

Speaking at the opening ceremony, Ajit Manocha, CEO of SEMI said thatSEMICON Southeast Asia 2023underscores the significance of the Electrical and Electronics (E&E) industry both in Malaysia and the broader Southeast Asia region. “Despite geopolitical and economic uncertainties, the industry has strong fundamentals and is poised for exceptional longer-term growth on the strength of digital transformation and emerging applications in multiple markets. The proliferation of autonomous machines, electric vehicles, 6G and many other trends all require an increase in semiconductor content, which will bode well for the region.”

“The accelerating digital transformation and the convergence of AI (Artificial Intelligence), IoT (Internet of Things), AR/VR (Augmented Reality/Virtual Reality), quantum computing, autonomous machines and many other emerging technologies will touch virtually every end market, resulting in tremendous opportunities for the semiconductor industry. SEMICON Southeast Asia 2023 will drive conversations in this space, whilst also discussing the importance of sustainability and building stronger supply chains.”

The Chief Minister of Penang, YAB Mr. Chow Kon Yeow, expressed Penang’s commitment to promoting a supportive and dynamic business environment in the semiconductor sphere. “Home to a thriving ecosystem of semiconductor players, Penang is often lauded for its areas of expertise along the value chain. This allows for greater flexibility and responsiveness in the supply chain, enabling companies to quickly adapt to changing market conditions and customer needs. Having over 50 years of industrial excellence, the state, via InvestPenang, commits to nurture the growth of emerging subsectors, extending Penang’s depth and breadth in the semiconductor industry.”

“With the escalating pace of technological evolvement, the state recognizes the importance of agility and resiliency to ensure that the latest technology can be brought to market efficiently and at a timely manner. As the hosting state, we are proud to showcase our strengths in the field and the ways in which we can contribute to advance the industry as a whole,” Chow added.

Ms. Lim Bee Vian, Deputy Chief Executive Officer of Malaysian Investment Development Authority (MIDA) said “SEMICON Southeast Asiahas undeniably emerged as a paramount exposition for the electronics industry in this dynamic region.  MIDA is thrilled by the overwhelming interest and turnout we have received over the years from our longstanding and successful collaboration with SEMI Southeast Asiaas well as like-minded supporters and partners of this event.”The E&E industry is poised to continue its growth trajectory in 2023, driven by the increasing global demand for chips and semiconductor equipment. In 2022 alone, the industry attracted a total investment of RM29.3 billion from 106 projects, with an impressive 95.2% coming from foreign sources. These investments not only contributed to economic growth but also created employment opportunities, including highly skilled positions. With a well-established E&E industry’s ecosystem, Malaysia has become the magnet for the world’s largest and most innovative electronics companies, including industry giants like Intel, ST Microelectronics, Infineon, Micron, Texas Instruments, TF AMD, and Osram.

The presence of global MNCs, further enhanced local companies in our industry to meet the industrial needs of these MNCs and being very much part of the global value chain. Thus, indicating a clear vote of confidence in Malaysia’s strategic prowess. Furthermore, she added, “the country’s focus on accelerating the adoption of advanced factory automation and digitalisation aligns with the global trend toward greater reliance on digitalisation, ensuring sustained growth in the industry.”

SEMICON Southeast Asia 2023 Highlights

• CxO Summit on Boosting Agility and Resiliency of the Electronics Supply Chain in SEA

• Roundtable discussion on investment opportunities in Southeast Asia

• Workforce Development
  – Career fair and talks
  – SEMI SEA University Bootcamp
  – Launch of SEMI University, an online learning management system comprising courses targeted towards industry professionals in the semiconductor and electronics industry.
• Forums
  – SMART Mobility
  – Market and Industry trends
  – SMART Enterprise
  – Advanced Packaging
  – SMART MedTech
  – Advanced Product Testing
  – Sustainability
• Smart Innovators Showcase to help expand the adoption of Industry 4.0 best practices and explore the latest smart manufacturing and sustainability solutions in the semiconductor industry.
• Industry VIP Networking Night for attendees to connect with industry leaders and experts.

For the full event agenda, please visit the SEMICON Southeast Asia website.

SEMICON Southeast Asia will be moving to Kuala Lumpur in 2024, to be held in May 28-30 at Malaysia International Trade and Exhibition Centre (MITEC). The show in Kuala Lumpur will focus on smart mobility, smart manufacturing and sustainability.

About SEMI

SEMI® connects more than 2,500-member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA), the MEMS & Sensors Industry Group (MSIG) and SOI Consortium are SEMI Strategic Technology Communities. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.

About MIDA

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

About InvestPenang

InvestPenang is the Penang State Government’s principal agency for promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth 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 i4.0 seed fund (a catalyst for the startup ecosystem). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook ; LinkedIn.

Media Contacts

Ryan Teo
SEMI Southeast Asia Pte Ltd
[email protected]
+65 9859 0883

Reshvinder Kaur (for SEMI Southeast Asia Pte Ltd)
[email protected]
+6017 275 7985

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

Yeoh Bit Kun / Ooi Phei Wen
InvestPenang
[email protected] / [email protected]

SEMICON Southeast Asia 2023 Brings Focus on Electronics Supply Chain Resilience, Sustainability, Smart Tech and Talent

18 May 2023, Marang, Terengganu – A momentous groundbreaking ceremony took place in Mukim Merchang on 16^th May, marking the commencement of the first and largest integrated project in Asia and Oceania for the production of cristobalite and ultra-purity industrial silica.With an investment of more than RM500 million, TRG Silica (Marang) Sdn. Bhd. a wholly-owned Malaysian company is setting a milestone to build a state-of-the-art facility with 7th generation equipment and also encompasses the development of a new private terminal known as Marang terminal.

The project’s primary objective is to produce advanced silica minerals with the highest purity level and very low iron content that is highly demanded by the downstream industry of high-end glass. In the meantime, the project will be the first in Asia and Oceania to develop high-temperature polymorph of silica – cristobalite, characterised by its high abrasion resistance and intensive white pigment.

The ceremony was graced by Duli Yang Maha Mulia Al-Wathiqu Billah Sultan Mizan Zainal Abidin ibni Almarhum Sultan Mahmud Al-Muktafi Billah Shah, Sultan of Terengganu, and among the attendees were from the Ministry of Investment, Trade and Industry (MITI), led by Datuk Hanafi Sakri, Deputy Secretary General (Industry) and representatives from the Malaysian Investment Development Authority (MIDA).

The project is aligned with objectives to spearhead local economic development through various businesses and provide high-quality job opportunities for domestic stakeholders, especially in Marang, Terengganu. YAB Dato’ Seri Dr. Ahmad Samsuri Mokhtar, Menteri Besar of Terengganu said, “It is my hope that the investment will be able to contribute to the economic growth of Terengganu and the Gross Domestic Product (GDP) as well as elevate the standard of living of the local community and indirectly improving socio-economic status of the rakyat in Terengganu, particularly rural area.”

Datuk Wira Arham Abdul Rahman, Chief Executive Officer (CEO) stated, “Kudos to TRG Silica (Marang) Sdn. Bhd. for their innovative spirit. With their state-of-the-art facility and the development of Marang Terminal, Terengganu is poised to become a powerhouse in the global industrial minerals market. This venture will not only revolutionise our production capabilities but also create exciting opportunities for our local workforce.”

Industry players are urged to leverage the availability of these materials in the country to enhance and diversify their supply chains, particularly for high-end glass applications such as electronic display glass, smartphone glass, ultra-thin solar glass, semiconductors, and ophthalmic glass. Additionally, cristobalite has wide-ranging applications in various sectors, including engineered stone, coatings, polymers, dentistry, road marking, and other industrial applications. Leveraging these resources can yield substantial benefits and bolster the overall competitiveness of the industry.

“This remarkable collaboration between the company and other industry players will fuel the development of a robust supply chain. It is an invitation for stakeholders to harness these resources and drive innovation in advanced manufacturing.”, added Datuk Wira Arham.

In the meantime, Y.A.M Tengku Sri Temenggung Raja D.K, S.S.M.T Dato’ Seri Tengku Baharuddin ibni Al-Marhum Sultan Mahmud Al-Muktafi Billah Shah, Group Chairman of TRG Silica (Marang) Sdn. Bhd. underscored the company’s commitment towards the development of downstream industry via collaboration with MIDA to attract foreign investments in the specialty glass industry. Additionally, he also said, “this cristobalite and ultra-purity industrial silica is a pioneer project for decarbonisation under mineral industry by MITI.”

TRG Silica (Marang) Sdn. Bhd. upholds sustainability values that have been deeply rooted since its parent company, TRG Industrial Minerals Sdn. Bhd., was established in 2010. With a strong commitment to minimising environmental impact and promoting responsible practices, the company implements decarbonisation and Environmental, Social, and Governance (ESG) initiatives. Through its “Decoding the Future of Sustainability in Mining and Mineral Processing” initiative, the company aims to develop a sustainable domestic supply chain, fostering economic growth and creating high-quality job opportunities in the process.

The demand for “Ultra Purity Silica” produced by TRG Silica (Marang) Sdn. Bhd. is driven by the industry’s need to produce “low-iron glass” that offers maximum brightness and clarity compared to normal glass. This high-quality silica is sought after by manufacturers in various industries, including high-end glass applications, due to its exceptional purity and low iron content.

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About MIDA

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

About TRG Silica (Marang) Sdn. Bhd.

TRG Silica (Marang) Sdn. Bhd. (TSM) that was incorporated in 2016 is 100% owned by the local company, TRG Industrial Minerals Sdn. Bhd. (Co. No: 201001012979). TSM has successfully obtained silica sand deposit land concession for 60 years which are divided into 5 plots of neighbouring lands with total area of 826.36 hectares in Mukim Merchang, Daerah Marang in Negeri Terengganu Darul Iman. TSM will be the first industry in Asia and Oceania to develop Cristobalite and Ultra Purity Industrial Silica Project in Mukim Merchang, Daerah Marang, Terengganu.

TSM is the only upstream non-metallic mineral industry in Asia and Oceania to produce Cristobalite and Ultra Purity Industrial Silica for engineering stone application and clear glass manufacturing. Value Added Ultra Purity Industrial Silica Beneficiation plant will be built at Lot 53483 (PT 14367) and the 1st phase of mining activities will be conducted in stages at Lot 53483 (PT 14367) and followed by Lot 53482 (PT 14368) and Lot 53628 (PT 14369) with reserved estimated mine life more than 100 years.

At the current stage, TSM holds Proprietary Mining License PML 1/2021 Lot 53482 (PT 14368) and PML 2/2021 Lot 53483 (PT 14367) for 21 years (valid renew till the end of 60 years land lease period) with Operational Mining Scheme (Kelulusan Skim Pengendalian Melombong) for the above 2 lots.

For more information, please contact:

MIDA
Ms. Rozita Ibrahim, Director
Building Technology and Lifestyle Division, MIDA
Tel.: 03- 2267 3479| Email: [email protected]

TRG SILICA (MARANG) SDN. BHD.
Ms. Abita M. Nallasamy
Manager
Tel.: 012-2173444 | Email:[email protected]

The First Project in Asia and Oceania to Produce Cristobalite and Ultra Purity Industrial Silica in Terengganu by TRG Silica (Marang) Sdn. Bhd.

Providing high-quality Halal-certified sauce products to ASEAN region and beyond

SEREMBAN, 18 MAY 2023 – Mahsuri Food Sdn. Bhd. (“Mahsuri”), the leading producer of Halal-certified products for the ASEAN region proudly announces the upcoming full operation of its advanced manufacturing plant in Bandar Enstek, Negeri Sembilan. The new 24,000 square meter plant will include facilities for manufacturing, warehousing, quality assurance laboratory, research and development centre, offices and social facilities. The plant is expected to commence its operations in early 2025, thus positioning Mahsuri as the pioneer in soy sauce production within the ASEAN region by implementing the revolutionary Rotary-type Koji-Making Machine.

Distinguished guests attending the ground-breaking ceremony at Bandar Enstek, Negeri Sembilan today were the Menteri Besar of Negeri Sembilan, YAB Datuk Seri Haji Aminuddin Harun; Committee Chairman for Investment, Industry, Entrepreneurship, Education and Human Capital, YB Dato’ Dr. Mohamed Rafie Ab. Malek; Deputy Chief State Secretary, YB Dato’ Muhamad Nahar Mohd Sidek; Director of Food Technology and Resource Based Industries Division of Malaysian Investment Development Authority (MIDA), Ms. Manjit Kaur Balkar Singh; Chief Executive Officer of Invest Negeri Sembilan, Dato’ Hj. Najmuddin Sharif Sarimon; Chief Supply Chain Officer of Lee Kum Kee Sauce Group, Mr. Dillon Fu; Non-Executive Director of Mahsuri, Dato’ Roslan Mahyuddin; Non-Executive Director of Mahsuri Dagang, Datuk Ahmad Tajuddin Idris; Head of Government and Community Development, Puan Lailah Mohd Darus; and Mahsuri Head of Commercial, Mohd Jazri Ikmal Hijaz.

YAB Datuk Seri Aminuddin Harun, Menteri Besar of Negeri Sembilan in his opening remarks welcomed Mahsuri to the state as a sauce production base and build a new eco-system in the related industry. “Hopefully with the growth of the Halal industry and the high demand for Halal products by the Malaysian community and the world, Mahsuri will continue to grow and be among one of the World’s Top Ten Halal Brands in the future,” said Datuk Seri Aminuddin Harun.

Datuk Wira Arham Abdul Rahman, CEO of MIDA expressed his excitement about the forthcoming full operation of the new manufacturing plant, stating “Malaysia’s vibrant ecosystem for attracting high-quality investments has placed the country at the forefront of halal products and services. Mahsuri’s new manufacturing plant, worth over RM 250 million, signifies a significant milestone in Malaysia’s journey to becoming a global hub for trendy and innovative halal offerings. The well-established food manufacturing ecosystem, enhanced processing technology, knowledgeable talent, and globally recognised halal certification system in Malaysia make it an ideal destination for companies seeking to tap into the growing halal market.”

“Moreover, Mahsuri’s commitment to nurturing local talent is commendable. By ensuring that at least 50% of their new workforce consists of skilled talents, Mahsuri is contributing to the development of a highly capable workforce in Malaysia. This aligns perfectly with our National Investment Policy and showcases Mahsuri’s dedication to driving economic growth and creating quality employment opportunities,” commended Datuk Wira Arham.

Dato’ Roslan Mahyuddin, Non-Executive Director of Mahsuri said, “Mahsuri is committed to creating tasty convenience for consumers. The new plant will allow Mahsuri to increase its production capacity and provide its customers with high-quality Halal-certified products. It will lay a solid foundation for the future growth of the Mahsuri brand, enabling us to provide tasty and convenient experience to consumers locally and abroad.”

The Halal-certified products made in the new plant will serve the local market as well as Indonesia, the Philippines, Singapore, Vietnam, Thailand, Myanmar, Cambodia, India and the Middle East. Over the next few years, Mahsuri will gradually embark on its journey to tap into the US market to bring “Made in Malaysia” products to the global markets.

With the establishment of a new plant in Negeri Sembilan, Mahsuri aims to create new employment opportunities for the local community and facilitate the upskilling of talents.

For more information about Mahsuri, please visit www.mahsurifood.com.my

-END-

About MIDA

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

About Invest Negeri Sembilan

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

About Mahsuri Food Sdn. Bhd.

Mahsuri is committed to creating tasty convenience for consumers, making cooking fun and easy, offering a range of sauces that are Halal and made in Malaysia. Mahsuri’s sauces have been available to the Malaysian public since the late 1990s, when Malaysia was undergoing a booming period of growth.

Through laborious efforts and countless trials and tribulations, Mahsuri successfully brought together expertise, modern manufacturing technology and fine Malaysian Halal recipes in offering effortless cooking for Malaysians – the blueprint for Mahsuri’s success in Malaysia today.

Mahsuri has created a range of convenient sauces to help Malaysian cook easy meals at home. But the story does not stop there. It is now time to expand beyond Malaysia, to bring uniquely Malaysian flavours and sauces Halal-certified sauces to the world.

For more information, please contact:

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

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

Mahsuri Food Sdn. Bhd.
Yasmin Syazwina
Edelman PR Event
Email: [email protected] | Mobile: +6016-973 7956

Lee Wui Wui (+60172463846)
Email: [email protected] | Mobile: +6017-246 3846

Mohd Jazri bin Ikmal Hijaz
Email: [email protected] | Mobile: +6012-345 7611

Leading Soy Sauce Producer Sets New Heights with Advanced Food Processing Plant

KEDAH, 17 May 2023 – Rapid Manufacturing global electronics manufacturing company specialising in custom-designed wire and cable harnesses, electro-mechanical, and box build assemblies, unveiled a new expansion of its operations in Kulim, Kedah, Malaysia. The new facility will continue to serve its customers in the aerospace, telecommunication, medical, semiconductor, automotive, and industrial automation sectors. Beyond manufacturing roles, the site will also house a knowledge-intensive regional center, establishing a state-of-the-art Centre of Excellence (COE) to drive the company, up its value chain and eventually positioning itself as an industry leader.

Datuk Wira Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) congratulated the company on its impressive milestone, said, “The expansion of Rapid Manufacturing’s production facility is a testament to the long-term growth in demand for the industry globally, and Malaysia is well positioned to capitalise on these opportunities. By leveraging the country’s comprehensive electrical and electronics (E&E) ecosystem and our mature semiconductor supply chain, the new facility is expected to have a positive impact on job creation, benefiting the local community and rakyat at large, while enhancing the country’s supply chain to meet the rapidly changing requirements of the E&E industry. Additionally, this expansion will encourage innovation in emerging fields in the country.”

“This development aligns perfectly with the Government’s aspirations under the Twelfth Malaysia Plan and the New Investment Policy, strengthening the fundamentals of Malaysia’s investment ecosystem.”, added Datuk Wira Arham.

“The Northern Corridor Implementation Authority (NCIA) is committed to attracting and facilitating high-value investments in the Northern Corridor Economic Region (NCER), which includes the states of Kedah, Perlis, Penang, and Perak,” said Mr. Mohamad Haris Kader Sultan, Chief Executive of NCIA. “We are proud to have played a role in facilitating Rapid Manufacturing’s investment in the region, and we believe that this new facility will further enhance the region’s position as a leading destination for high-tech manufacturing.”

He explained that Rapid Manufacturing’s investments in Kedah and Penang will considerably strengthen the supply chain ecosystem development to support the activities of the E&E, Machinery and Equipment (M&E), medical technology and devices, telecommunication, automotive and aerospace industries in NCER. With the facilitation by NCIA via its various NCER incentives, the authority is confident that more companies will follow suit and invest in NCER, driving sustainable economic growth and creating job opportunities for the local community.

“We were able to accelerate Rapid Manufacturing’s decision to invest in Kulim, Malaysia with our offering of a fully integrated high-tech park focusing on high technology manufacturing, advanced technologies, and R&D activities” said Dato’ Mohd Sahil Zabidi, Group Chief Executive Officer of Kulim Technology Park Corporation (KTPC). He also said it was an honour for KTPC to be able to enable Rapid Manufacturing’s efforts to be an innovative industry leader utilising the talents and excellent infrastructure available in Kulim.

“We’re pleased to announce the opening of our new plant in Kulim. It allows us to scale up testing and handling capabilities to meet the growing demand and ensure our customers’ success by continuing to grow our capabilities and to deploy quickly at scale.’’, said Mr. Yogendran Krishnamurthy, Managing Director of RPD MFG Connectivity Sdn Bhd, a subsidiary of Rapid Manufacturing.

“Rapid’s investment strategy in Kulim is expected to create an estimated 2,000 employment opportunities for the local workforce, which includes at least 500 high income jobs. This further affirms a spur to economic growth of the state of Kedah. Rapid’s key priorities are its commitment to hiring and training the local talent, as well as enhancing its vendor-development programs to provide adequate opportunities to local vendors. Local talent, both indirect and direct labor, can have a far-reaching impact on the overall performance of Rapid’s investment.’’, expressed by Mr. Luis Espinoza, COO of Rapid Manufacturing.

“’I am certain that Kulim will be key to the company’s global supply chain network, serving as a hub for Asia Pacific markets and supporting ongoing global business continuity and resilience.’’, commented Mr. Dan Lang, Owner of Rapid Manufacturing.

With over 47 years of operations in the cable and connector industry, Rapid Manufacturing with its very strong customer focused approach, has been able to meet the high demands on reliability and quality conformance with a diverse customer base across multiple industries in different regions. The company is delighted to spearhead its expansion and investment initiatives in the Southeast Asian region, particularly in Malaysia.

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

About NCER
NCER is one of the regions identified under the Ninth Malaysia Plan for the promotion of balanced and equitable national economic development. It covers the four northern states of Peninsular Malaysia: Perlis, Kedah, Pulau Pinang and Perak. NCER spans 32,404 km², with a population of 6.8 million as of 2018.

About Rapid Manufacturing
Rapid Manufacturing, established in United States of America, is global electronics manufacturing company, and an Advanced Interconnect Solutions Provider dedicated to producing electronic, custom-designed wire and cable harnesses, electro-mechanical and box-build assemblies for Original Equipment Manufacturers (OEMs) announced that it is expanding to Kulim, Kedah. The company has its main facility in Anaheim, California, USA, as well as manufacturing plants strategically located in Mexico and China.

Media Contacts

MIDA
Ms. Noor Suziyanti Saad
Director of Electrical and Electronics Division
T: +603 2267 3575
E: [email protected]

NCIA
Mr Mohamad Haris Kader Sultan
Chief Executive, NCIA
E: [email protected]

Rapid Manufacturing
Mr Yogendran Krishnamurthy
Managing Director of RPD MFG Connectivity Sdn Bhd
T: +60 12-327 3515
E: [email protected]

Rapid Manufacturing Expands Footprints in Malaysia Through Its Fourth Manufacturing Plant