South Korean copper foil producer for electric vehicle (EV) battery, SK Nexilis, is investing 650 billion Korean won (RM2.3 billion) for its first overseas production plant, to be based in the KKIP Industrial Complex, Kota Kinabalu, Sabah
Published on: Thursday, January 28, 2021
By: Bernama
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Malaysia’s economic structure and solid macroeconomic management will continue to support the country’s economic fundamentals as it advances into the new normal. (Image: The Vibes)
Kuala Lumpur: Malaysia continues to be a competitive investment destination despite the global uncertainties, with US$26.4 billion (US$1 = RM4.04) investments being approved in the first nine months of 2020, according to the Malaysian Investment Development Authority (Mida).
Chief executive officer Datuk Azman Mahmud said investments approved in the manufacturing sector from January to September 2020 saw an increase of 16.6 per cent in capital investments, up from 3.2 per cent recorded in the corresponding period of 2019.
PETALING JAYA: Korea’s SK Nexilis, a copper foil producer for electric vehicle (EV) battery manufacturer SKC, has announced its first overseas product.
By LIEW JIA TENG FEW would disagree that most multinational corporations invariably favour Singapore over Malaysia when it comes to setting up their r.
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