Medtecs International, the world’s leading provider and distributor of personal protective equipment (PPE), is in talks with the government to put up a nearly USD 2-billion industrial town that would produce PPE, electric vehicles (EVs), and textiles, among others,...
Vietnam’s garment and textile industry is striving for the implementation of green production to reduce emissions in response to the Vietnamese government’s commitment made at the 26th United Nations Climate Change Conference of the Parties (COP26), in...
In 2020, global tech and household appliances company Dyson first announced its USD 3.6 billion global investment plan, which would see its investment funds divided between its global head office in Singapore, its two campuses in Wiltshire, southern England, and the...
Austria’s Lenzing Group, a leading supplier of wood-based specialty fibers, has just announced the successful completion of its key lyocell expansion project in Thailand. The new plant, the largest of its kind in the world with a capacity of 100,000 tons per...
United Microelectronics Corporation (UMC), a global semiconductor foundry, announced that it would be building a new USD 5 billion advanced manufacturing facility next to its existing 300mm fab (Fab12i) in Singapore. The new fab will be one of the most advanced...
The government of Thailand has recently approved a new set of incentives targeting the electric vehicles (EVs) sector, including lower excise tax and import duties on auto parts. The incentives aim to promote domestic manufacture of EVs between 2022 and 2025. A...
The Department of Agriculture (DA) through the National Dairy Authority (NDA) and the Department of Trade and Industry (DTI) have partnered with Baladna Qatar Public Shareholding Company (BQPSC) to build a USD 500 million integrated dairy facility in the Philippines....
Vietnam has been recently recognized as “the world’s new production base” as the country continues recording optimistic export turnover and huge FDI inflows. In a report released by Savills, the Southeast Asian nation has been shifting from an...
In the third quarter of this year, Foxconn plans to invest USD 8 billion in Indonesia to manufacture electric vehicles (EVs) and batteries. In addition to the cars, the iPhone assembler company will also develop a plant on 200 hectares of an industrial zone in Batang,...
Malaysian Investment Development Authority (MIDA) has announced that Eclipse Automation Inc will open its first Asian manufacturing facility in Batu Kawan, Penang. Malaysia has been positioning its location as a strategic destination for global machinery and equipment...
Toto Ltd. has announced that it will build a new factory for faucets in northern Vietnam to meet growing global demand. Toto will invest about JPY 10 billion (USD 86.9 million) in the new plant. Construction started in January 2022, with operations scheduled to begin...
The FRABA Group has opened a new manufacturing plant in Johor, which is expected to commence operation this coming spring. A major supplier of sensors for industrial motion control applications, FRABA is headquartered in the Netherlands where its holding company is...
