Jingxing Group commits RM1.9bil to Malaysia expansion


KUALA LUMPUR: Global paper manufacturer Zhejiang Jingxing Paper Joint Stock Co. Ltd’s wholly owned subsidiary, Jingxing Holdings (M) Sdn Bhd, has committed RM1.9 billion to a phase two expansion of its operations in Banting, Selangor.

In a joint statement on Monday, Jingxing Paper and the Malaysian Investment Development Authority (MIDA) said the expansion will introduce advanced manufacturing lines supported by integrated thermal power, water treatment and wastewater management systems.

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