Industrial

Malaysia's industrial sector is showcasing signs of robust recovery and dynamic growth with the emergence of new manufacturing plants, despite facing challenges like the post-pandemic closure of some factories. Samuel Tan, executive director at KGV International Property Consultants, highlights this growth as a key marker of Malaysia's economic resilience, emphasizing the critical roles of job creation and...

The unveiling of the NCT Smart Industrial Park (NSIP) sales gallery in Sepang, Selangor, heralds a transformative phase for Malaysia's industrial sector. Spearheaded by the visionary NCT Group of Companies, this initiative is poised to revolutionize the conventional industrial park model by weaving sustainability into its foundational ethos. Situated in the vibrant region of Selangor, the NSIP is not just...

Malaysia Capitalizes on US-China Tech Tensions to Boost Semiconductor Industry Malaysia is strategically positioning itself as a pivotal hub in the global semiconductor landscape, leveraging its established expertise in the industry amid growing US-China tensions. With approximately five decades of experience in semiconductor manufacturing, particularly in assembly, testing, and packaging, Malaysia is...

Microsoft Acquires Land in Johor for Data Center Expansion In a strategic move to expand its digital infrastructure in Southeast Asia, Microsoft has secured a 102,560 sqm plot in the Pulai area of Johor, Malaysia. This acquisition, made through Microsoft Payments (Malaysia) Sdn. Bhd., involves a transaction with Crescendo Corporation Berhad’s subsidiary, Panoramic Industrial Development Sdn. Bhd., for...

Knight Frank Malaysia projects a promising year ahead for the leasing activity of prime logistics warehouses, particularly in the Klang Valley, Johor Bahru, and Penang. According to Allan Sim, Executive Director of Land and Industrial Solutions at Knight Frank Malaysia, the sector is set to experience rental growth in 2024, attributed to the tight availability of grade A warehouses coupled with strong...

The Malaysia-China Kuantan Industrial Park (MCKIP) has successfully attracted cumulative investments exceeding RM31 billion across 21 projects, with plans to create more than 14,000 employment opportunities, according to Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong. Out of the total investment of RM31 billion, RM14.6 billion has already been realized. To meet the increasing demand,...