Export from Samajaya High Tech Park expected to hit RM4.5 billion by year-end — Deputy CM

Posted on : 17 Apr 2018  Source of News: borneo post online
 

Abang Johari (third right) takes a good look at a solar module. Seen at second right is Awang Tengah. — Photo by Muhammad Rais Sanusi

KUCHING: The total export of Samajaya High Tech Park is expected to hit RM4.5 billion by end of this year as LONGi (Kuching) Sdn Bhd goes into full operation.

Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said the total export reached RM3.2 billion last year and was RM2.7 billion in 2016.

“Some of the products from Samajaya are found in global brands such as Apple, Samsung and BMW. For instance, approximately 1,000 pieces of Multi-layer Ceramic Capacitors (MLCC) are mounted in one unit of smartphone such as iPhone and Samsung Galaxy.

“In that smartphone, 30 per cent of the MLCC are supplied by the Taiyo Yuden Group worldwide, of which 15 per cent are manufactured here,” he said before Chief Minister Datuk Patinggi Abang Johari Tun Openg launched LONGi (Kuching) Sdn Bhd in the Samajaya High Tech Park here yesterday.

Awang Tengah, who is also Minister of Industrial and Entrepreneur Development, said the foreign investments in the park had created 10,800 job opportunities.

“I am happy to say that 99 per cent are locals, and almost 10 per cent of them are engineers.”

Taking LONGi as an example, he said the China-based corporation employs 2,130 staff, including 247 engineers, and 99 per cent of its workforce are Sarawakians, adding even its chief executive officer is a Sarawakian.

According to him, LONGi is expected to increase its workforce here to 2,851 by end of this year to support its expansion plans.

To date, 120 Sarawakians have been sent to China for training.

Awang Tengah disclosed that the companies operating in Samajaya had registered cumulative investments exceeding RM12 billion.

He said the annual salaries paid to the workforce in Samajaya alone stood at RM380 million last year.

“This has created many multiplier effects to our local economy such as demand for food, housing, transportation, retail and entertainment.

“Samajaya High Tech Park continues to attract high value high tech investments such as the recently approved copperfoil project from Iljin Materials, South Korea.

“The company will invest RM2.2 billion in its facility in Samajaya that will produce copperfoil for batteries used in smartphones and electric vehicles,” he added.

He thus called upon small and medium enterprises (SMEs) to be innovative and leverage on new technologies to remain competitive in this challenging environment.

He also requested LONGi and other investors in the state to offer business opportunities to local companies, particularly SMEs, to ensure a win-win situation.

Awang Tengah said the state government would continue its efforts in attracting foreign direct investment from China, which is the second largest economy in the world.

“The state has approved total investments amounting RM46.3 billion for the last five years. This does not include the proposed US$3 billion steel project and US$2 billion methanol project,” he added.