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MIDA

Malaysian company 5 news stories

The Malaysian Investment Development Authority (MIDA) is the federal agency that approves and promotes manufacturing and services investment into Malaysia, including the fiscal and non-fiscal incentives offered to industrialised-building-system (IBS) manufacturers.

25 Sep 2026 · Investment

LB Group starts RM1b titanium dioxide plant in Gurun, Kedah

China's LB Group has started a RM1 billion titanium dioxide plant on 60.1 acres in the Gurun Heavy Industrial Park, Kedah, with RM600 million in phase 1. It paid RM117.8 million, o…

LB GroupAnn Joo ResourcesShanghai Putailai New Energy TechnologyMIDA
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22 Sep 2026 · Company News

Cohu in Malaysia: Penang design centre, Melaka factory

Who is Cohu? A US chip-test equipment maker with its largest factory in Melaka and, since June 2024, a RM71 million design centre in Bayan Lepas, Penang. What it does, since when, …

CohuJabil IncInvestPenangMDECMIDA
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10 Sep 2026 · Investment

SkyGate NHJ commits US$30mil to a 36,000 sq ft plant in the Perai Free Industrial Zone

The Malaysia–Singapore precision machining joint venture opened its Perai FIZ facility on 4 September with Chief Minister Chow Kon Yeow officiating, committing US$30 million (RM121…

SkyGate NHJ TechnologySkyGate SolutionsNew Jin HaiFastemsMIDA
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8 Sep 2026 · Investment

Penang approved RM17.3bil of manufacturing investment in six months — 77% of all of last year, and 69% of it is existing factories expanding

MIDA figures released on 3 September put Penang first in Malaysia for approved manufacturing investment in 1H2026: RM17.3 billion, 34% of the national total and 38% up year-on-year…

InvestPenangMIDAPenang Development Corporation (PDC)
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5 Sep 2026 · Expansion

SIBS’s RM500mil Penang Science Park plant, the Swedish modular builder now ships Penang-made apartments to the UK, Australia and Greenland

Scandinavian IBS opened a 15-acre, ~500,000 sq ft second plant at Penang Science Park (North), Simpang Ampat in September 2022, part of a RM500 million programme promising 1,200 jo…

SIBSMIDA
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