Swedish Industrialized Building Systems to invest RM100mil in Penang

SIBS managing director Erik Thomaeus speaking during a press conference on the announcement of the investment by Scandinavian Industrialized Building Systems (SIBS) at Komtar in Penang. WAN MOHIZAN WAN HUSSEIN / The Star/14 Feb 2017

GEORGE TOWN: Industrialized Building Systems will invest about RM100mil in its production and research and development facility at the Penang Science Park to become the biggest Swedish investor in Penang so far.

Managing director Erik Thomaeus (pic) said some 180 new jobs would be created when the factory is in full production.