GEORGE TOWN: China-based manufacturer of electronic test equipment Rigol Technologies Co Ltd has established its first overseas plant, research and development (R&D) centre, and service centre in Penang with a total investment of over RM100mil.
In a joint statement yesterday, Malaysian Investment Development Authority (Mida) and Rigol said the new facility is on 2.07 acres with a factory footprint of 7,249 sq m.
Mida chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid pointed out that the investment offered an opportunity for Malaysia to move up the supply chain ladder while also generating high-value jobs.“We are excited that Rigol chose Malaysia for its first manufacturing plant outside of China,” he said in the statement yesterday.
Phase one of the new facility, which has already commenced operations, consisted of multiple production lines, focusing on the production of electronic test and measurement instruments. — Bernama
