JAPAN’S CKD ACQUIRES PROPERTY IN KULIM HI-TECH PARK FOR NEW PLANT

KUALA LUMPUR, June 1 (Bernama) -- Japan-based machinery manufacturer CKD Corporation has completed its land and building acquisition for its new plant in the Kulim Hi-Tech Park, Kedah, and it has been granted a manufacturing licence by the Malaysian Investment Development Authority (MIDA).

In a joint statement today, MIDA and CKD said the plant, which covers an area of over 80,000 square metres, will strengthen CKD’s production system for equipment products in the Asean region to meet the steady expansion of demand in the manufacturing industry, including growth markets, and respond to customer needs with high responsiveness.

MIDA chief executive officer Datuk Arham Abdul Rahman said CKD’s acquisition of the Malaysian plant is a testament to their confidence in the country’s vibrant semiconductor and machinery ecosystem.

bootstrap slideshow

“Our country boasts a robust value chain with key players across equipment supplies, assembly, and engineering support services.

“Combined with an 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,” he said.

Arham said MIDA is fully committed to supporting CKD’s business expansion and creating an environment conducive to pioneering achievements.

CKD chairman and CEO Kazunori Kajimoto said the plant would serve as the company’s main production base in the Asean region and hope that CKD will contribute to the development of Malaysia’s industry as well as respond to global supply chain development by its customers.

-- BERNAMA