PENSONIC Holdings Bhd’s business expansions will help to accelerate the growth of the local small and medium enterprises (SMEs).
Group chief executive officer Dixon Chew said the group had just moved into a new RM50mil facility in Bukit Minyak, which houses design and development laboratories and a warehouse in his speech at the launch of the facility by Chief Minister Lim Guan Eng.
Also present was Pensonic founder and executive chairman Datuk Seri Chew Weng Khak.
“The facility would help Pensonic to achieve the objective outlined in the Economic Transformation Programme’s ‘Electrical Home Appliances manufacturing Hub and International Distribution Network’ Entry Point Project.
“The aim is to tap into the Asean and Middle Eastern markets and help the local SMEs to grow and access the global markets.
“Our expansion will accelerate the progress of the local SMEs,” Dixon added.
Meanwhile, Lim said that the state government has set up a RM2mil fund to sponsor the fees for students studying under the German Dual Vocational Training Programme.
“German vocational training is the best because it teaches students in factories where they can learn and apply their knowledge,” he said.
Lim said the local vocational training programme had failed to meet the demand of the industries.
“That is the reason why there is a need for Penang to start the German Dual Vocational Training Programme,” Lim said.