COVID–19 NEWS   KPDNHEP to seek approval for caterers to resume operation | Condo managements have no authority to compound residents violating SOP - Ismail Sabri | Thai Airways records largest net loss, faces possible delisting | COVID-19: New cases dip below 2,000 mark - Health DG | COVID-19: Two more deaths, 219 new cases in Sarawak | 
EXCLUSIVE PRESS

Malaysia is the Preferred Location for German based Leuze Electronic to Establish its First Optical Sensor Production Plant in Southeast Asia

22/02/2021 12:12 PM

KUALA LUMPUR, Feb 22 (Bernama) -- Leuze electronic GmbH + Co. KG, short: Leuze, one of the world class optical sensor producers, has identified Malaysia for its first production plant in Southeast Asia. During a virtual press conference held recently in January 2021, while presenting the company’s 2020 performance and its outlook for 2021, Leuze made the official announcement of the new manufacturing plant’s opening in Malaysia. The plant is currently under rapid construction phase.

Dato’ Azman Mahmud, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA) congratulates Leuze on their significant move to Malaysia for the business expansion. This decision speaks volumes of the confidence Leuze has in Malaysia. MIDA initiated the first contact with Leuze in December 2018. Since then the Malaysian Government through MIDA has been engaging with Leuze‘s team to facilitate the project’s provisions, especially in obtaining the necessary licence approval.

For full news, click here

© 2021 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy