a day ago
- Business
- Malaysian Reserve
Vivax-Metrotech invests RM48m in new Penang facility, creating 175 high-skilled jobs
VIVAX-METROTECH Corporation (VXMT), a global leader in advanced utility locating and inspection technologies, has established a new RM48 million manufacturing facility in Penang, which will create 175 high-skilled jobs and enhance production capacity to meet accelerating global demand.
The facility houses 16 assembly production lines and specialised clean room operations to manufacture a range of precision technologies used in telecommunications, water, gas and electrical utilities.
The expansion strengthens Vivax-Metrotech's global supply chain while reinforcing its presence in Southeast Asia.
'This investment by Vivax-Metrotech Corporation comes at the perfect time as Malaysia strengthens its high-tech manufacturing capabilities,' said Malaysian Investment Development Authority (MIDA) CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.
'Their commitment aligns with the 13th Malaysia Plan, supporting the goals of the New Industrial Master Plan 2030. Beyond the RM48 million investment, what excites us most is how Vivax-Metrotech will create 175 quality jobs for Malaysians while helping build our advanced electronics ecosystem. MIDA will continue to facilitate Vivax-Metrotech's growth in Malaysia, ensuring they have the support needed to expand their operations and contribute to our industrial development,' he added.
Meanwhile, Vivax-Metrotech Corporation CEO and chairman Christian Stolz said, 'Malaysia's proven track record in attracting leading high-technology companies combined with its forward-looking talent pool, exceptional commitment to quality and a strategic location made it a well-suited choice for expanding our manufacturing operations in South-East Asia.'
Its president Mark Drew added, 'Expanding manufacturing plays a crucial role in supporting our sales growth and strengthens our global supply chain resilience.'
Vivax-Metrotech Shanghai Factory GM Liming Zhang noted, 'Our priority is to ensure the Malaysian site operates seamlessly alongside our existing regional operations. With shared expertise, aligned processes and a strong foundation in precision manufacturing, this expansion reinforces our ability to deliver consistently and operate with the reliability our customers expect.' — TMR
