Swedish firm opens second plant in Penang

The Simpang Ampat plant will help ramp up the company’s production of prefabricated apartments to 5,000 per year.

Scandinavian IBS Sdn Bhd (SIBS) has expanded its operations with a new plant at Penang Science Park in Simpang Ampat.

This is part of a five-year multi- phase RM500mil investment to increase the industrialised building system manufacturer’s production lines to four.