Azmin Ali: Malaysia secures over RM500m new investment from US’ Ferrotec | Malay Mail

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Azmin Ali: Malaysia secures over RM500m new investment from US’ Ferrotec

SAN FRANCISCO, May 16 — Ferrotec Corporation has committed to invest more than RM500 million in new investment in Malaysia to set up its first manufacturing facility in Souheast Asia.

“They are also committed to assisting small and medium enterprises in Malaysia in building the supply chain and ecosystem in the semiconductor industry. Apart from Ferrotec, Azmin also met with US leading solar tracker company Nextracker Inc chief operating officer and co-founder Marco Miller. “We choose Malaysia because Southeast Asia, including Malaysia, has become a focal point of supply chain for the industry.On employment, he said Ferrotec plans to employ between 250 and 500 local talents over the next three years, and its goal is to let the facility ran and operated by locals.

 

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Najib stole more than that. Next time if investment less what Najib stole ie 2.6 bil don't tell ok.Just embarrassing.

Cheese

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