Thursday, July 5, 2012

Today's Pick (05/07/12/121/815) Plans to make Johor electronics manufacturing services hub


Plans to make Johor electronics manufacturing services hub
 
JOHOR BARU: Plans are in the pipeline to further develop, strengthen and position Johor to be a leading electronics manufacturing services (EMS) hub in Malaysia.


Deputy International Trade and Industry Minister (Miti)  said the state has all the right ingredients to become a successful EMS hub.


Johor has established itself in the electronics and electrical (E&E) manufacturing activities for years and now is the time to bring it to the next level,'' he said.

Mukhriz said in a press conference after attending a closed door meeting on the Johor Business Industry steering committee between Miti and the state government.


He said the Malaysian Industrial Development Authority (MIDA) had approved 929 manufacturing-related projects for Johor from 2007 until April this year with RM41.48bil investment.


Of the RM41.48bil investment, RM14.99bil (14.4%) came from the domestic investors and RM26.49bil (15.3%) from foreign investors, according to Mukhriz.


He said of the total approved projects for Johor, 506 or 54.5% were new investments while 423 were existing projects (45.5%) for additional investments and expansion purposes
.


Johor is second after Selangor in total investments for manufacturing activities.

(Investments totalled) RM276.54bil nationwide from 2007 until April 2012,'' said the deputy minister.

Source: The Star
Date : 4 July 2012
Today's Pick (05/07/12/121/815) 

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