Federation of Malaysian Manufacturers Perak (FMM) celebrated its 50-year milestone in a branch annual dinner on Thursday, October 25 at Casuarina @ Meru Hotel. The momentous occasion was graced by Sultan Nazrin Shah.
“Earlier on in our administration, we set up a Perak State Investment Advisory Council to streamline our investment micro-targeting, by matching prospective investors’ needs with the state’s long-term vision, which I am honoured to be a member of. It is this council that has identified, facilitated and delivered investment projects worth RM1.9 billion next year following the signing of cooperation agreements with several local companies,” explained Howard Lee Chuan How, the Executive Councillor for Youth and Sports Development representing Ahmad Faizal Azumu, Menteri Besar.
“The largest investment of RM1.1 billion involves Malayan Flour Mills Bhd who will establish an agro-food manufacturing factory in the state. Another agreement involves Top Glove Bhd investing RM100 million to build a glove-making plant here. The state will also assist Central Medicare Sdn Bhd which is building a glove manufacturing plant in Teluk Intan involving an investment of RM600 million. Smart Paints Manufacturing Sdn Bhd will set up a RM50 million paint factory in Batu Gajah,” Howard added.
According to him, the state will also assist Optotronic Semiconductors Sdn Bhd in establishing a light-emitting diode factory in Kamunting, Taiping, involving an investment of RM50 million. Kossan Rubber, the first halal glove manufacturer in the world will meet the state government agencies to obtain the necessary approvals to set up an integrated glove factory in Bidor. Tin miner and metal producer Malaysia Smelting Corp Bhd has inked a MoU with the state for leases of land in Klian Intan measuring 423 acres in total which will be used for tin mining-related activities to expand its upstream business.
“Set up schools, training academies, vocational institutions to train your next COO, CEO, chief technician, head engineers, field operatives and robotics manager. Sponsor academics and scholars for their masters and PhD on how to improve your products and your production. Encourage and incentivise creativity and innovation by setting partnerships with us in government to build incubation and acceleration spaces for our young and upcoming start-ups. The days of ‘government knows best and know all’ are gone. We need your help and solidarity. Help us help you,” Howard concluded.
Present were FMM President Dato’ Soh Thian Lai and FMM Perak Chairman Dato’ Gan Tack Kong.