PETALING JAYA: NexG Bhd plans to invest approximately RM250mil to develop an Industry 4.0-ready secure ID documents production plant, marking a quantum leap in production capacity and significantly enhancing product precision through fully automated processes.
In a statement, the IT service management company said the investment will be implemented in three phases, with ongoing optimisation and enhancements expected to raise annual production capacities to over 15 million units for secure ID documents in each phase.
