KULIM, May 13 (Bernama) -- Kulim Hi-Tech Park (KHTP) is set to open its fifth phase following an overwhelming response from investors who are keen to establish operations on the 1,700-hectare industrial zone.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the industrial park was now in its four phase of development.

"Its surroundings are also developing rapidly with more than 600,000 houses built so far," he told reporters after launching Infineon Technologies (Kulim) Sdn Bhd's fibre farbrication plant here today.

Mustapa said both the state and Federal Government and the Malaysian Investment Development Authority would continue to assist investors coming to the KHTP, among others, by providing them with incentives, expertise and human resource to ensure the park's continued growth.

"KHTP is Kedah's jewel in the crown and the country's pride, thus we must ensure it will continue to draw investments and grow further," he added.

Meanwhile, Infineon Technologies said the plant would provide jobs for about 3,000 people.

"Currently, Infinineon Technologies has operations in Kulim and Melaka with accumulated investments of RM12 billion.

"We are among the largest employer in the country with almost 10,000 workers," it said in a statement.