MIDA

TTM Technologies Celebrates the Grand Opening of Its First Manufacturing Facility in Penang

Retrieved on: 
Thursday, April 25, 2024
MIDA, PCB, TTM, Partnership, Water, Carbon, Environment, Investment, Silicon, Electronics, RF, Government, Growth

Built on 27 acres in Penang Science Park, TTM’s state-of-the-art facility has highly innovative and automated PCB manufacturing capabilities.

Key Points: 
  • Built on 27 acres in Penang Science Park, TTM’s state-of-the-art facility has highly innovative and automated PCB manufacturing capabilities.
  • Often lauded for its well-developed industrial ecosystem, Penang has the capacities and capabilities to support the needs of industrial players in next-generation technologies and growth strategies.
  • Today, we are proud to celebrate the grand opening of TTM’s first large-scale, highly advanced technology-equipped facility in Southeast Asia.
  • Besides contributing to the industry’s needs, TTM is strongly committed to protecting its staff, community, customers, and the environment.

Malaysia Elevators and Escalators Market Growth Forecast 2024-2029: Sustainable Construction Practices and Regulatory Maintenance to Drive Expansion - ResearchAndMarkets.com

Retrieved on: 
Monday, April 29, 2024
Construction & Property, Building Systems, USD, DOSH, CBM, MIDA, LRT, Sale, Malaysian Investment Development Authority, Country Garden, Petronas Towers, KLCC, Mitsubishi Group, Jen McGowan, CMCO, TKE, Travel, School, Heart, Urban renewal, Holding, NTP, OEM, Condition, Mitsubishi Electric, Automation, Rapid Rail, BIM, ThyssenKrupp, Hitachi, Klungkung Regency, Occupational safety and health, Building information modeling, Elevator, Printing, Ministry, Glass, Fujitec, Natural Resources, Government, Safe, Growth, IBS, Elevator mechanic

The "Malaysia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Elevators and Escalators Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Malaysia elevator and escalator market size is expected to grow at a CAGR of 3.82% from 2023-2029.
  • The top 4 prominent vendors, including Schindler, TKE KONE, and Mitsubishi, account for 35% of the Malaysia elevator and escalator market share.
  • These projects are projected to support the growth of the Malaysia elevator and escalator market.

Enovix Awarded 15-Year Pioneer Status from Malaysian Investment Development Authority for its High-Volume Manufacturing Facility

Retrieved on: 
Wednesday, March 27, 2024
Growth, BHD, MESDAQ, SAT, Student, Workforce, Income tax, AMD, MIDA, Cleanroom, Silicon

FREMONT, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has been granted 15-year Pioneer Status from the Malaysian Investment Development Authority (MIDA) for manufacturing its batteries in Malaysia.

Key Points: 
  • FREMONT, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has been granted 15-year Pioneer Status from the Malaysian Investment Development Authority (MIDA) for manufacturing its batteries in Malaysia.
  • Enovix’s high-volume manufacturing facility, Fab2, is located in the Penang Science Park in Penang, Malaysia.
  • “Being awarded Pioneer Status is a monumental milestone for Enovix as we become further established in Malaysia and begin to ramp up manufacturing in our Fab2 facility,” said Ajay Marathe, Chief Operating Officer of Enovix Corporation.
  • With MIDA’s support, I am confident we will scale a sustainable high-volume manufacturing business.”
    For more information on Enovix and its battery technology, please visit enovix.com .

2024 Relocation Trends | Manufacturing

Retrieved on: 
Friday, March 29, 2024
Workforce, Multimedia, Acquisition, Workplace, MIDA, Policy, COLA, Lump sum, Creative industries

OMAHA, Neb., March 29, 2024 /PRNewswire/ -- NEI Global Relocation's latest whitepaper, " 2024 Relocation Trends | Manufacturing ," provides a compelling look into how innovative relocation strategies are crucial for the manufacturing sector's talent acquisition and retention efforts.

Key Points: 
  • OMAHA, Neb., March 29, 2024 /PRNewswire/ -- NEI Global Relocation's latest whitepaper, " 2024 Relocation Trends | Manufacturing ," provides a compelling look into how innovative relocation strategies are crucial for the manufacturing sector's talent acquisition and retention efforts.
  • This approach is distinct from broader industry trends, where companies are revising policies to adapt to market changes.
  • A company within the manufacturing sector that adopts a more robust and forward-thinking relocation policy not only differentiates itself but also has a golden opportunity to secure and retain the industry's best talent.
  • For a deeper dive into how these trends will shape the future of manufacturing talent mobility, the full whitepaper is available at neirelo.com.

Bridge Data Centres Expands Footprint with Third Hyperscale Data Centre in Cyberjaya, Malaysia

Retrieved on: 
Thursday, February 29, 2024
BDC, Malaysian Investment Development Authority, IPA, MD, Investment, MIDA, Growth, Digital, Government, Corporate services, Dato, Partnership, Renewable energy

CYBERJAYA, Malaysia, Feb. 29, 2024 /PRNewswire/ -- Bridge Data Centres ("BDC") has expanded its presence by acquiring new land in Selangor for the development of its third data centre, MY02, in Cyberjaya, Malaysia. This expansion, in partnership with Cyberview Sdn Bhd ("Cyberview"), is estimated to be the largest among its three data centre developments.

Key Points: 
  • CYBERJAYA, Malaysia, Feb. 29, 2024 /PRNewswire/ -- Bridge Data Centres ("BDC") has expanded its presence by acquiring new land in Selangor for the development of its third data centre, MY02, in Cyberjaya, Malaysia.
  • Datuk Wira Arham Abdul Rahman, CEO of Malaysian Investment Development Authority (MIDA), congratulated Bridge Data Centre on the inauguration of its third data centre expansion, MY02, in Cyberjaya.
  • He emphasised, "This ongoing investment underscores BDC's confidence in Malaysia, reinforcing our role as a regional data centre hub.
  • The city is currently home to 15 commercial and captive data centres including hyperscale, as well as the location for 90% of Malaysia's co-location data centres.

Malaysia Data Center Colocation Market Report 2024: Supply & Demand Analysis 2023-2029 - Coverage of 32 Existing Facilities and 25 Upcoming Facilities - ResearchAndMarkets.com

Retrieved on: 
Friday, February 2, 2024
Data Management, Technology, Telecommunications, Software, Networks, Hardware, Partnership, The, Growth, NEXTDC, Government, USD, Investment, MIDA, MIST, Mitsui, Tutoring

The "Malaysia Data Center Colocation Market - Supply & Demand Analysis 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Data Center Colocation Market - Supply & Demand Analysis 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Malaysia data center colocation market size was valued at USD 280 million in 2023 and is expected to reach USD 1.23 billion by 2029, growing at a CAGR of 27.97%
    The report considers the present scenario of the Malaysia data center colocation market and its market dynamics for 2024-2029.
  • The study includes the demand and supply aspects of the Malaysia data center colocation industry.
  • The study of the existing Malaysia data center market landscape and insightful predictions about Malaysia data center market size during the forecast period.

Malaysia Data Center Colocation Market Report 2023-2024 and 2029: Sustainability and Cloud Connectivity Fueling Industry Expansion

Retrieved on: 
Friday, February 2, 2024
Partnership, Growth, NEXTDC, Government, USD, Investment, MIDA, MIST, Mitsui, Tutoring

DUBLIN, Feb. 2, 2024 /PRNewswire/ -- The "Malaysia Data Center Colocation Market - Supply & Demand Analysis 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 2, 2024 /PRNewswire/ -- The "Malaysia Data Center Colocation Market - Supply & Demand Analysis 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Malaysia data center colocation market size was valued at USD 280 million in 2023 and is expected to reach USD 1.23 billion by 2029, growing at a CAGR of 27.97%
    The report considers the present scenario of the Malaysia data center colocation market and its market dynamics for 2024-2029.
  • The study includes the demand and supply aspects of the Malaysia data center colocation industry.
  • The study of the existing Malaysia data center market landscape and insightful predictions about Malaysia data center market size during the forecast period.

FERROTEC HOLDS GRAND OPENING CEREMONY FOR ITS NEW FACTORY IN KEDAH, MALAYSIA

Retrieved on: 
Tuesday, January 16, 2024
Kulim Hi-Tech Park, MIDA, Kulim District, MITI, Trust, Policy, Malaysian Investment Development Authority, Partnership, Agriculture, Equipment, E10, Electronics, Industrialisation, Investment, Ministry of Investment, E&E, M&E, Workforce, Private sector, Tourism, Dato, BHD, Machine, Engineering, Management

He Xian Han, President of Ferrotec Holdings Corporation and Group CEO; Mr. Yamamura Takeru, Vice President of Ferrotec Holdings Corporation and Chief Executive Officer of Ferrotec Manufacturing Malaysia Sdn.

Key Points: 
  • He Xian Han, President of Ferrotec Holdings Corporation and Group CEO; Mr. Yamamura Takeru, Vice President of Ferrotec Holdings Corporation and Chief Executive Officer of Ferrotec Manufacturing Malaysia Sdn.
  • Ms. Lim Bee Vian, Deputy CEO (Investment Development), MIDA, commended Ferrotec for their unwavering trust and support in establishing their manufacturing facility in Malaysia.
  • By choosing Malaysia, Ferrotec positions itself to leverage untapped opportunities, foster innovation, and contribute substantially to the ever-evolving semiconductor landscape in our region.
  • Meanwhile, Mr. Takeru Yamamura, Vice President of Ferrotec Holdings Corporation and Chief Executive Officer of Ferrotec Manufacturing Malaysia Sdn.

Malaysia Construction Industry Report 2023: Output is Expected to Grow by 6.6% in Real Terms in 2023 - Size, Trends Analysis by Sector, Competitive Landscape and Forecasts 2018-2022 and 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 3, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Masdar, CSR, Forecasting, Risk, WCE, Government, PPP, MIDA, Assessment, Public–private partnership, Construction, Memorandum of understanding, Growth, Competitive landscape

The "Malaysia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • Malaysia's construction industry is expected to grow by 6.6% in real terms in 2023, supported by the implementation of large-scale infrastructure projects, coupled with an improvement in foreign and domestic investment in the country.
  • The budget includes a total expenditure of MYR393.8 billion ($89.8 billion) for 2024 - which is 1.5% higher than that of the 2023 Budget.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Malaysia, featuring details of key growth drivers.

UAE President and King of Malaysia witness Major Step Forward in development of 10GW clean energy projects by Masdar and MIDA

Retrieved on: 
Friday, December 1, 2023
Sustainable development, Carbon, COP28, Renewable energy, MIDA, PJSC, Malaysian Investment Development Authority, Wind, Farm, Partnership, Electricity, Majesty, MOU, Drug, Masdar

The signing of this implementation roadmap represents an important progression in the partnership between the UAE and Malaysia in the development of renewable energy projects."

Key Points: 
  • The signing of this implementation roadmap represents an important progression in the partnership between the UAE and Malaysia in the development of renewable energy projects."
  • This Implementation Roadmap articulates MIDA's proactive initiatives and facilitation for our MOU partner, MASDAR, in delineating the targeted 10GW projects for Malaysia's sustainable energy landscape."
  • Masdar looks forward to continuing to strengthen our partnership with Malaysia as we help it to unlock its clean energy potential and drive forward its energy transition."
  • In February 2023, Masdar entered the geothermal energy sector through a strategic investment in Indonesia's Pertamina Geothermal Energy.