Japan-based CKD acquires property in Kulim Hi-Tech Park for
new plant
Acquisition marks company’s confidence in Malaysia’s vibrant
semiconductor and machinery industry, says Mida CEO.
Japan-based machinery manufacturer CKD Corporation has
completed the land and building acquisition for its new plant in Kulim Hi-Tech
Park, Kedah.
The company has also succeeded in obtaining a manufacturing
licence from the Malaysian Investment Development Authority (Mida).
In a joint statement, Mida and CKD said the plant will
strengthen the company’s production system for equipment products in the Asean
region, allowing it to meet expanding demand in the manufacturing industry,
including growth markets, and respond to customer needs with high
responsiveness.
Mida CEO Arham Rahman said CKD’s acquisition of the
80,000sqm 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
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 hoped that
the company will contribute to the development of Malaysia’s industry.