Japan's Daikin to build US$29.3m air conditioning equipment plant in M'sia

Some Daikin airconditioning and other products displayed at an ASEAN show in May this year.

The plant will be constructed on the outskirts of Kuala Lumpur, with initial investment projected to top 3 bln yen (US$29.3 mln), Reuters reported quoting Japan's Nikkei.

Daikin Industries' new factory is to produce large air conditioning units beginning in 2018 for installation in airports and other commercial facilities, the report said.