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Prime Minister Tan Sri Muhyiddin Yassin expressed confidence that Malaysia’s E&E industry’s skilled talent pool, facilitative investment environment, as well as deep integration with international supply chains, offer the ideal mix for high-tech stakeholders. Austria-headquartered AT&S, which manufactures high-end printed circuit boards and substrates for semiconductors will set up a production plant in Malaysia, its first in Southeast Asia.
KUALA LUMPUR: Austria-headquartered AT&S, which manufactures high-end printed circuit boards and substrates for semiconductors will set up a production plant in Malaysia, its first in Southeast Asia.
AT&S’ new facility in Kulim Hi-Tech Park, Kedah will produce high-end PCBs and IC substrates and it will involves a proposed total investment of RM8.5bil (€1.7bil) and will create 5,000 high-tech and high impact jobs.
KUALA LUMPUR, June 10 Austria-headquartered global manufacturing company AT&S has chosen Malaysia as the home for its first production plant in South-east Asia, according to the Ministry of International Trade and Industry (Miti). Its minister Datuk Seri Mohamed Azmin Ali issued a brief.
10 Jun 2021 / 22:35 H.
PETALING JAYA: Malaysia welcomed an RM8.5 billion (€1.7 billion) investment from Austria-based manufacturer of high-end printed circuit boards (PCB) and integrated circuit (IC) substrates AT&S to set up a manufacturing facility in Kulim, Kedah, which will see the creation of 5,000 jobs.
“The facility will produce PCB and IC substrates with construction slated to commence in the second half of this year, while commercial operation is expected to come on stream in 2024,” Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said in a statement today.
This project is among the investments attracted by the Malaysian Investment Development Authority under the National Short-Term Economic Recovery Plan’s (Penjana) investment scheme, launched on June 5, 2020.