Y.B. Dato’ Sri Mustapa Mohamed visited JF Microtechnology on 4 March 2011. Since its establishment in 1999, JF Technology, a fully-owned subsidiary of market-listed ACE JF Technology Bhd., has become a designer, manufacturer and supplier of test probes and test sockets to the semiconductor industry worldwide.
During the visit, the Minister was informed that JF Microtechnology intends to expand its operations in Selangor with a total capital investment of RM30 million; creating 90 new employment opportunities in the field of engineering. Its focus, among others, would be on precision technology and knowledge-based industry.
After the visit, Y.B. Dato’ Sri Mustapa Mohamed announced that a total of RM4.6 billion of investments has been approved in the manufacturing sector in January 2011 involving 67 projects Domestic investors showed a keen interest by investing RM4.0 billion in 49 projects, representing 87% of the total approved investment.
The largest investment came from the oil & gas sector. Other industries which recorded significant domestic investment include basic metal products, chemical and chemical products and scientific and measuring equipment.
Note: This article has been adapted from the MITI Weekly Bulletin Vol.132, 8 Mar 2011
During the visit, the Minister was informed that JF Microtechnology intends to expand its operations in Selangor with a total capital investment of RM30 million; creating 90 new employment opportunities in the field of engineering. Its focus, among others, would be on precision technology and knowledge-based industry.
After the visit, Y.B. Dato’ Sri Mustapa Mohamed announced that a total of RM4.6 billion of investments has been approved in the manufacturing sector in January 2011 involving 67 projects Domestic investors showed a keen interest by investing RM4.0 billion in 49 projects, representing 87% of the total approved investment.
The largest investment came from the oil & gas sector. Other industries which recorded significant domestic investment include basic metal products, chemical and chemical products and scientific and measuring equipment.
Note: This article has been adapted from the MITI Weekly Bulletin Vol.132, 8 Mar 2011