KUALA LUMPUR, March 1 (Bernama) — Menicon Co., Ltd, the Japanese-headquartered specialised designer and manufacturer of contact lenses and lens care solutions today announced an investment of RM650 million (JPY18 billion) for the establishment of its first manufacturing plant in Malaysia at the Kulim Hi-Tech Park, Kedah to produce daily disposable contact lenses.
This strategic investment, through its wholly owned subsidiary, Menicon Malaysia Sdn. Bhd. (Menicon Malaysia) will witness the setup of the building and equipment for a new production facility spanning over a site area of 200,000 square metres. The plant’s 45,000 square metres floor area will also be built aligning with the Sustainable Development Goals (SDGs). Environmental-friendly features like solar panels will be installed to utilise renewable energy and eaves to prevent rise in room temperature.