BUSINESS

AETM'S BATU KAWAN FACILITY READY TO SERVICE CUSTOMERS IN APRIL

09/03/2022 06:32 PM

NIBONG TEBAL, March 9 -- Applied Engineering Technology (M) Sdn Bhd’s (AETM) newly-opened 20,000 square feet facility in Batu Kawan, Penang, is ready to start servicing customers next month.

Established in May 2021, AETM is a joint venture company between US-based Applied Engineering Inc (AE) and its Malaysian counterpart, QES Manufacturing Sdn Bhd.

AE president Jack Yao said AETM is its first offshore operation outside of the United States and it would provide high-tech electromechanical contract manufacturing services, from prototyping to high volume production. 

“The project segments are primarily for electromechanical contract manufacturing services, and AETM is working to meet the specific manufacturing needs of their clients. 

“The company’s focus will be on semiconductor equipment manufacturing, medical technology, medical devices, defence, and aerospace, not only for the Malaysian market but also for the ASEAN and China markets,” he said in a press conference at the opening ceremony of the factory here today.

Also present were Deputy Chief Minister Datuk Ahmad Zakiyuddin Abdul Rahman; Malaysian Investment Development Authority, Investment Development deputy chief executive officer (CEO) Lim Bee Vian; and InvestPenang CEO Datuk Loo Lee Lian.

Meanwhile, Lim said the joint venture and the establishment of the facility is a testament to global investors’ confidence in Malaysia as a preferred investment destination, as well as the capability and readiness of local companies to support high-profile business ventures and activities.

She expressed confidence that having AETM technology and expertise in Malaysia would enhance the value of talent and skilled human capital development in the country.

“Local job seekers, particularly those with an engineering background, will benefit greatly from the transfer of technology by working hands-on with the experts at AETM. 

“Local suppliers would also benefit from increased business, particularly in the areas of automation equipment design. This, in turn, can assist local suppliers in meeting international standards and integrate themselves into the global value chain,” she added.

-- BERNAMA


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