Posts tagged Johor
Iskandar Malaysia-based technology park aims to lead Malaysia into an advanced future as it signs another new investment and production deal.
Johor’s Senai Hi-Tech Park (SHTP) would be a “key driver” for high value technology industries and Malaysia’s aim to transform itself into an advanced, innovative nation, says Prime Minister Najib Razak.
PM Najib spoke yesterday at a signing ceremony for SHTP and Solexel (M) Sdn Bhd, a subsidiary of California-based solar cell manufacturer Solexel Inc. A new memorandum of understanding between the two will see an aggregate investment of RM2.8 billion (US$944 million) over the next five years, and create 2,300 jobs.
Solexel will manufacture crystalline silicone solar cells at a new 100-acre facility in SHTP’s Industrial Zone Phase 1, and is capable of producing one gigawatt of cells per year. The company will also conduct R&D operations and help create a local supply chain for chemicals used in solar photovoltaic (PV) cell and semiconductor manufacturing.
Senai Hi-Tech Park will be 1,000 acres total at completion, and is Malaysia’s second dedicated high technology zone after Kulim Hi-Tech Park in the country’s northwest. Kulim’s success at attracting international investment was the impetus for creating the SHTP project last year and the project’s developers are negotiating major deals with foreign investors.
Both parks aim to spur the local high-value economy and create employment for Malaysians in more advanced industries. Calling itself a ‘third-generation technology park’, SHTP is located next to the redeveloped Senai International Airport in Johor state’s Iskandar Malaysia special economic region, across the water from Singapore.
A new 400 bed, 280,000 sq ft hospital will be built in the Iskandar Malaysia development region in Johor, featuring “Centres of Excellence” including a heart centre, an aged care centre, cancer centre and a cosmetic and reconstructive centre, plus others. The facility will be a collaboration between specialist hospital operator KPJ Healthcare Bhd and Johor Land Bhd.
The Centre will be built in two phases beginning in 2012, with 150 beds proposed for the first phase. Cost per bed is estimated at around RM1000 (US$329). As with other medical facilities in the Johor region it is aimed at foreign patients (or ‘medical tourists’) as well as locals, promising to offer the highest standard of care in all areas of medicine.
Business Times reports KPJ has embarked on a series of new projects lately, investing between RM50-80 million ($16.4-26.3 million) per hospital for new specialist centres in Bandar Baru Klang, Muar, Pasir Gudang and Kuantan. It also purchased the Sibu Specialist Medical Centre and Sibu Geriatric Health and Nursing Centre in Sarawak in April. KPJ has identified geriatric care as a huge growth sector and has agreed to buy a 51% share of Australia’s Jeta Gardens Waterford Trust for RM19 million ($6.24 million).
The company’s total revenues for 2010 were RM1.65 billion ($542.3 million), up 13% from the previous year.
The Senai Hi-Tech Park, located in Johor’s Iskandar Malaysia economic zone, has scored another important project with the announcement of a RM200 million ($65.7 million) nanotechnology development center, the first of its kind in Malaysia.
The new complex, named NanoMalaysia, will be developed at Senai under a private-public partnership and should be completed within 12 months. NanoMalaysia Bhd is a commercial vehicle set up by the National Nanotechnology Directorate (NND), a unit of Malaysia’s Ministry of Science, Technology and Innovation (MOSTI).
Minister Dr. Maximus Ongkili announced the new project at the NanoMalaysia Summit and Expo 2011, saying it would be “a one-stop center for nano science and technology activities and provide a missing link between technology and market.”
NanoMalaysia is designed not only to provide a workplace for nanotechnology researchers, but is part of a plan to form other new companies through technology entrepreneurship incubators and assist downstream industries. It’s hoped the center will generate from RM100-150 million ($33-39 million) in business within two years, and together with five other nanotechnology research facilities in the country, produce commercially viable applications for three main product groups: aerogel, carbon nanotube and nanocatalyst.
source & article: The Star Business
The Iskandar Malaysia Special Economic Zone project is already benefiting the economy and people of Johor “profoundly”, said the state’s Menteri Besar (Chief Executive) Abdul Ghani Othman. Since Iskandar’s beginnings just five years ago, it has delivered to the region increased demand, higher wages, greater business opportunities and a higher standard of living.
Special attention from the federal and state governments has helped too. Under the Ninth Malaysia Plan (9MP) Johor state received RM6.83 billion (US$2.25 billion) in federal funds to improve infrastructure and other public amenities, while its current successor the Tenth Malaysia Plan (10MP) has promised another RM1.39 billion ($459.9 million) between now and 2015. The state government responded with RM313.33 million ($103.5 million) of its own in 2010.
Almost all the funds went towards improving economic efficiency, accessibility and connectivity. Highway improvements alone took advantage of Iskandar Malaysia’s location between Kuala Lumpur and Singapore, allowing it to attract big name and ‘prestige projects’ like the Legoland theme park. Ghani said the property sector in particular has seen a sharp increase in demand, restarting projects stalled after the financial crisis and creating higher-end development opportunities in locations like Danga Bay.
As another sign of its commitment, Johor state relocated its administrative functions to a new development at Kota Iskandar, Nusajaya City, in 2009. The federal government also located its local departments there as part of the Johor State New Administrative Centre (JSNAC), a 1.3 sq km development complete with public plazas, gardens and parks.
source & article: New Straits Times via CBC BNet
Drive north from Singapore across the Johor Causeway, into Malaysia’s second largest city Johor Bahru, and keep going. You’re now in Senai-Skudai, the heart of Iskandar Malaysia. Iskandar is the special economic region marked for rapid development as an Asian commercial hub and, like Guangdong did for Hong Kong and China, it wants to leverage its prime location and local skills base to fire the Malaysian economy over the coming decades. One development hoping to play a significant part in that progress is Senai Hi-Tech Park (SHTP).
Senai Hi-Tech Park, according to its developers, is “an integrated Science and Technology Park offering an ideal location, superb infrastructure with a service rich-environment”, matching Malaysia’s technological skills with innovative companies and research institutions from around the world. Part of the Senai Airport City development, SHTP will eventually form part of a vital technology and logistics hub connected almost instantly to major markets around the world.
At the moment it’s full more of promise and potential than activity, with Stage One of a three-stage project still under construction. But there’s an undeniable hum in the air and the Park has already signed on some major international investors: EQ Solar will build a US$500 million facility to manufacture monocrystalline and polycrystalline solar modules. MOX-Linde Gases will build an industrial gas manufacturing and separation plant, and South Korea’s STX Energy has launched a feasibility study into a solar cell facility. (more…)
Electronics manufacturer Flextronics International Ltd will increase its Malaysian presence by 7,000 staff with new operations in Penang and Johor, according to Business Times. The company, which already has nine locations in Malaysia (five of which are in Penang), wants to add new admin support staff as well as technical and engineering talent to make everything from printers and cameras to solar photovoltaic cells.
A new Flextronics Global Services (FGS) facility in Senai, Johor, will begin operating in April and will provide asset and recovery services, repairing components for numerous high technology products. Flextronics said it chose the location due to its proximity to the Iskandar Malaysia development region, three sea ports and international airport. The area also boasts a well educated and multi-lingual workforce.
source & article: Business Times
Malaysian local airline Firefly has banked on the Iskandar Development Region, launching a fifth hub in Senai. The area was currently an “ugly duckling” that would soon blossom, and is far cheaper than having a base at Singapore’s Changi airport, said the company’s managing director Eddy Leong.
Firefly aims to have nine aircraft flying by the end of 2011, including seven 737-800 and two 737-400 aircraft, the latter to be based at the new Senai hub. Leong stressed that his company didn’t intend to use Senai to compete with Changi, but to complement it. Transport services along the Singapore-Johor Bahru corridor are expected to improve in future, making Senai a practical alternative to low cost carriers.
Firefly also announced new flights from Johor Bahru to Kuching and Kota Kinabalu to begin in May/June, and is applying to operate flights even further afield to Bangkok and Jakarta, Surabaya and Bandung. The airline plans to carry 3.5 million passengers this year from Senai and its four existing hubs at Kota Kinabalu, Subang, Kuala Lumpur International Airport and Penang.
The Senai segment of the Iskandar Malaysia special economic region is growing fast, and within five years it should see mega projects constructed such as a new private hospital operated by Columbia Asia, a branch of the UK’s Marlborough College Malaysia, plus shopping malls and theme parks.
source & article: The Edge Malaysia