"The new (Pakatan Harapan-led) government will have to decide whether Malaysia wants to be in the CPTPP [and other trade pacts] or not," Ministry of International Trade and Industry (Miti) secretary-general Datuk Seri J. Jayasiri told reporters today, after the opening of the three-day SEMICON Southeast Asia 2018 here.
The investments will include the expansion of the warehouse space and the research and development (R&D) centre to accommodate more engineers.
“In Vietnam, the capacity would be increased to 50,000 tonnes from 10,000 tonnes, while in Penang to 120,000 tonnes from 100,000 tonnes,” Lee said.
Chow Kon Yeow, the new Chief Minister of Penang, was such a perfect gentleman that none of us would have thought that he would survive the roughness of national politics, let alone helm a state which is among the frontline in the nation.
There are three priority projects under the PTMP, namely the LRT, the Penang Island Link (PIL) and the Penang South Reclamation (PSR).
THE expansion of Penang International Airport, implementation of Light Rail Transit (LRT) and securing investment top the agenda of newly elected Bayan Baru MP Sim Tze Tzin.
Malaysia’s exports and imports are expected to grow at 7.3 per cent and 7.5 per cent, respectively, this year, as external trade is expected to maintain its positive momentum.
The facility is adjacent to Plexus’ existing Riverside manufacturing facility in Penang, and when combined will result in a 37-acre Riverside campus, a press release reads.
Challenges remain, including US dollar depreciation, raw material sourcing, floor space constraint, and relocation to new Batu Kawan Campus 2.0.