{"id":39757,"date":"2021-10-14T12:08:46","date_gmt":"2021-10-14T04:08:46","guid":{"rendered":"https:\/\/investpenang.gov.my\/greatech-set-to-raise-capacity-with-new-plant\/"},"modified":"2025-11-28T14:58:10","modified_gmt":"2025-11-28T06:58:10","slug":"greatech-set-to-raise-capacity-with-new-plant","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/greatech-set-to-raise-capacity-with-new-plant\/","title":{"rendered":"Greatech Set to Raise Capacity with New Plant"},"content":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” el_class=”sec-inner-banner” css=”.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}” z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”inner-banner-row”][vc_column_inner][vc_column_text]<\/p>\n

Greatech Set to Raise Capacity with New Plant<\/h1>\n

[\/vc_column_text][vc_separator type=”normal” el_class=”red-separator” color=”#ee4023″ transparency=”1″ thickness=”2″ up=”15″ down=”15″][vc_column_text css=”” el_class=”white-text”]<\/p>\n

14 October 2021<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1703764846254{background-color: #f3f5f8 !important;}” z_index=””][vc_column el_class=”fade-in animate”][vc_empty_space height=”120px” el_class=”height-x120″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner][vc_single_image image=”29853″ img_size=”full” qode_css_animation=”” el_class=”single-featured-image”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”60px” el_class=”height-x60″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”content-row”][vc_column_inner][vc_column_text]Oct 14 –\u00a0Greatech Technology Bhd\u2019s RM51mil new plant on a seven-acre site in Batu Kawan is scheduled for occupancy by next May.<\/p>\n

Group chairperson Ooi Hooi Kiang (pic) said the 265,000 sq ft modern production and office building would accelerate the timeline for customer delivery, supporting sustainable growth for the future.<\/p>\n

\u201cThe building is scheduled for completion by April 2022, and it will be ready for occupancy in May 2022.<\/p>\n

\u201cBy mid-2022, the group\u2019s building capacity will see a sizeable increase to 1,100,000 sq ft with 1,200 manpower capacity to exploit better opportunities with existing and new customers.<\/p>\n

\u201cIt will house 500 employees, increasing the strength of the existing 770 staff, of which 50% are engineers.<\/p>\n

\u201cThe new factory building marks a clear commitment to the group\u2019s roots in Penang and supports job growth in the northern region,\u201d she said.<\/p>\n

Ooi spoke at the Greatech Batu Kawan III virtual groundbreaking and new slogan launch ceremony yesterday.<\/p>\n

Penang Chief Minister Chow Kon Yeow, Deputy International Trade and Industry Minister Lim Ban Hong and Greatech chief executive officer Datuk Tan Eng Kee witnessed the event.<\/p>\n

Ooi said the group\u2019s order book would grow for the next two to three years as the group expanded into the life science and semiconductor sectors.<\/p>\n

\u201cDespite the severe economic impact caused by the pandemic, resulting in broad and significant business disruptions, our business continued to flourish by leaps and bounds.<\/p>\n

\u201cAs of August, we have secured a total order book of RM369mil.<\/p>\n

\u201cThis achievement is only made possible with the solid foundation laid two to three years ago.<\/p>\n

\u201cWe experienced significant growth as we successfully penetrated the electric vehicle (EV) battery market in 2020.<\/p>\n

\u201cEV battery customers grew from one to four over the past year.<\/p>\n

\u201cWe foresee this segment will continue to grow with more demand generated by both existing and new customers,\u201d she said.<\/p>\n

According to Ooi, the group\u2019s order book will continue to grow for two to three years as it expands into the life science and semiconductor sectors.<\/p>\n

According to Lim, the machinery and equipment (M&E) industry remains a catalytic sector for Malaysia\u2019s economic transformation agenda.<\/p>\n

\u201cThe industry is expected to assume a crucial role in the 12th Malaysia Plan to reset the nation\u2019s economy battered by the Covid-19 pandemic, through accelerating technology adoption and innovation.<\/p>\n

\u201cOn the domestic front, the sector represents more than 2,000 companies, employing 90,000 workers,\u201d he said.<\/p>\n

According to Lim, despite the impact of the pandemic, the export performance for M&E products in the first half of this year (January \u2013 June 2021) shows a 28% increase from the same period of 2020, with exports worth RM23.6bil.<\/p>\n

\u201cAlthough there is a positive growth in exports, the M&E sector remains as a net importer.<\/p>\n

\u201cWe hope that both the government and industry can work together to address this as we plan for the M&E to be a major export earner for the nation,\u201d he added.<\/p>\n

Source: The Star<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”120px” el_class=”height-x120″][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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October \u201821<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":5119,"featured_media":29853,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[218],"news_month":[228],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39757"}],"collection":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/users\/5119"}],"replies":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=39757"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39757\/revisions"}],"predecessor-version":[{"id":39775,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39757\/revisions\/39775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/29853"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=39757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=39757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=39757"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=39757"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=39757"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=39757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}