GEORGE TOWN: Singapore Aerospace Manufacturing (SAM) is investing over RM500mil in an aerospace component-manufacturing facility in Penang.
Chairman Philip Yeo said the amount was for the first two phases of the facility, known as Aviatron (M) Sdn Bhd, on a 17.5-acre site in Bukit Minyak Science Park. “Both phases will be operational by 2012 and is expected to create some 600 jobs,” Yeo said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
