News & Articles RM1bil investment planned for Gelang Patah
RM1bil investment planned for Gelang Patah
6 Sep 2016
JOHOR BARU: A manufacturing company from China, specialised in Industrialised Building Systems (IBS), is expected to invest some RM1bil to set up a facility in Johor.
State Domestic Trade, Consumerism and Tourism Committee chairman Datuk Tee Siew Kiong said that the company is keen to expand its operations in the Gelang Patah area here.
“We are already in the final stages of discussions on the project which will also create some 400 job opportunities for the local community,” he told reporters after launching a new showroom for Ginmit Trading Sdn Bhd here.
IBS is a technique of construction where components are manufactured in a controlled environment, either at site or off site before being assembled at the construction area.
Tee noted the state government encourages the IBS project as it is in line with the roadmap to reduce the country’s dependence on foreign workers.
A 40.47ha plot of land in Gelang Patah has been identified for the project.
“Apart from that, this industry will help produce high quality products with minimum wastage.
“It will also increase construction quality,” he said, adding that IBS also supports the state government’s initiative towards a green, clean and sustainable industry.
Tee also said the project would reduce cost and construction time besides generating a new economic growth area.
“We will continue applying the pro-business approach to ensure that Johor remains an economic powerhouse offering a conducive investment destination,” he added.
State Domestic Trade, Consumerism and Tourism Committee chairman Datuk Tee Siew Kiong said that the company is keen to expand its operations in the Gelang Patah area here.
“We are already in the final stages of discussions on the project which will also create some 400 job opportunities for the local community,” he told reporters after launching a new showroom for Ginmit Trading Sdn Bhd here.
IBS is a technique of construction where components are manufactured in a controlled environment, either at site or off site before being assembled at the construction area.
Tee noted the state government encourages the IBS project as it is in line with the roadmap to reduce the country’s dependence on foreign workers.
A 40.47ha plot of land in Gelang Patah has been identified for the project.
“Apart from that, this industry will help produce high quality products with minimum wastage.
“It will also increase construction quality,” he said, adding that IBS also supports the state government’s initiative towards a green, clean and sustainable industry.
Tee also said the project would reduce cost and construction time besides generating a new economic growth area.
“We will continue applying the pro-business approach to ensure that Johor remains an economic powerhouse offering a conducive investment destination,” he added.
Source: Thestar.com.my