U.S.-based solar module manufacturer SEG Solar has begun construction on an integrated photovoltaic industrial park in the Kawasan Industri Terpadu Batang (KITB) in Central Java, Indonesia, approximately 390 kilometers east of Jakarta. The facility, spanning over 40...
The Department of Agriculture (DA) and the Korea Agricultural Machinery Industry Cooperative (KAMICO) have signed a memorandum of understanding (MOU) to establish the Philippines’ first agricultural machinery industry complex. The complex will be located on a...
MKS Instruments Inc., a US-based global technology solutions provider, has announced a USD 100 million investment to build a state-of-the-art super center factory in Batu Kawan, Penang. The facility will support the production of wafer fabrication equipment to meet...
In September 2024, Assa Abloy Group, a global leader in entrance automation and door control solutions, inaugurated its USD 30 million factory in the northern port city of Hai Phong. The Swedish company began its investments in the northern coastal city in December...
KLA, a global leader in semiconductor equipment and services, has completed the first phase of its USD 200 million expansion in Singapore, unveiling a state-of-the-art manufacturing facility. The Phase 1 building, spanning 200,000 square feet, includes advanced...
German automotive parts manufacturing company Continental is expanding its tire plant in Rayong, Thailand, increasing production by three million units per year through a EUR 300 million (USD 325 million) investment. Supported by Thailand’s Board of Investment under...
dsm-firmenich has unveiled two new facilities in Singapore’s Tuas region, strengthening its innovation and manufacturing capabilities within the Asia-Pacific region. Supported by the Singapore Economic Development Board (EDB) and representing an investment of...
President Ferdinand Marcos inaugurated the Philippines’ first electric vehicle (EV) battery factory on September 30, 2024, emphasizing its importance for the future of clean energy. The Australian-owned lithium-iron-phosphate plant, located in New Clark City,...
The Thailand Board of Investment (BOI) has announced a joint venture between Hana Microelectronics and Thai energy firm PTT to establish the country’s first silicon carbide (SiC) chip manufacturing facility. With an initial investment of THB 11.5 billion...
Elna PCB (M) Sdn. Bhd., the Malaysian subsidiary of Global Brands Manufacture under Taiwan’s Passive System Alliance (PSA) Group, has announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion (USD 230 million). The first...
Nippon Shokubai Indonesia is moving forward with plans to expand its petrochemical operations in Cilegon, Banten, by constructing a fourth plant phase, set to begin in 2025. The new facility will involve an investment of approximately IDR 1.69 trillion (USD 110...
The South Korean display manufacturer Samsung Display is set to establish a USD 1.8 billion organic light-emitting diode (OLED) production line in Vietnam, focusing on small- to medium-sized panels for laptops and tablets. This announcement follows a memorandum of...
