Penang, Feb 28 (Bernama) — Greatech Technology Berhad (“Greatech”), through its subsidiary Greatech Integration (M) Sdn. Bhd., a Malaysia-based leading automation solutions provider, organised a groundbreaking ceremony for the construction of a new facility in Penang, Malaysia. The new additional facility, BK IV, with a built-up area of 500,000 square feet, will be constructed across 11.58-acre land in Batu Kawan Industrial Park, Penang. Upon the completion of BK IV, Greatech will have a total combined floor area of more than 1.2 million square feet. Greatech invested approximately RM1.3 billion for this expansion with an estimated capital expenditure of RM200 million and an estimated operating expenditure of RM1.1 billion. The Group strongly believes that this investment will open new horizons in meeting their ever-growing demands.
The ground breaking ceremony was officiated by the Chief Minister of Penang, the Right Honourable Mr. Chow Kon Yeow. Also present at the ceremony were YB Prof. Dr. P. Ramasamy, Deputy Chief Minister II of Penang, YB Mr. Liew Chin Tong, Deputy Minister of International Trade and Industry (MITI), Ms. Lim Bee Vian, Deputy Chief Executive Officer (CEO) (Investment Development) of Malaysian Investment Development Authority (MIDA), Dato’ Loo Lee Lian, CEO of InvestPenang, Dato’ Tan Eng Kee, CEO of Greatech, Tuan Mohamad Haris Kader Sultan, Chief Executive of Northern Corridor Economic Region and Ms. Ooi Hooi Kiang, the Board Chair of Greatech Technology Berhad.