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Tech: RM8.5 bil Kulim expansion to play key role in AT&S' growth story

AS an increasing number of multinational corporations flock to Batu Kawan Industrial Park in Penang to set up their manufacturing plants, Vienna-listed Austria Technologie & Systemtechnik AG (AT&S) has instead chosen Kulim Hi-Tech Park in Kedah for its first production site in Southeast Asia. The Austrian firm, which has a presence in Nanjangud, India; Chongqing and Shanghai in China; and Ansan, South Korea, is building a new state-of-the-art facility in Kulim with a planned investment of RM8.5 billion (about €1.7 billion) under Phase 1 of the project. ....

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