KUALA LUMPUR (July 24): Integrated industrial space solutions provider AME Elite Consortium Bhd has been commissioned by HQ Pack Sdn Bhd to construct its expanded facility in i-Park @ Indahpura.
In a statement today, AME said the facility would enhance HQ Pack's capabilities to capture a greater share of Asia's high-technology packaging market.
It said the integrated facility of approximately 60,000 sq ft built-up area would encompass a production factory, cleanroom, warehouse and office block.
The expansion is targeted for completion in the second half of 2021.
AME said apart from its headquarters in the Netherlands, HQ Pack also has branches in Singapore and the United States.
The firm develops, produces, manages and distributes packaging for high-quality and fragile industrial products for leading companies in the semiconductor, electronics, medical, optical, aerospace, machine construction and mechanical components sectors.
AME executive director Simon Lee said to date, multinational corporations from across Europe, the Americas and Asia make up 86% of its clientele in i-Park @ Indahpura, attesting to the quality of services from the design and construction of industrial buildings, to the overall environment and management of the industrial park.
"This continued vote of confidence from HQ Pack Malaysia over the years indicates that our suite of integrated industrial solutions is aligned to our customers' growth aspirations; and even more so as HQ Pack intends to achieve holistic and high-efficiency operations with this purpose-built facility.
"Furthermore, being entrusted with this undertaking amidst a challenging economic backdrop bodes well for the continued vibrancy of i-Park @ Indahpura, and cements Malaysia's favourable position as a foreign direct investment magnet.
"We are optimistic that our industrial park and the state will enjoy the positive multiplier effects hereafter," he said.
i-Park @ Indahpura, which was launched in 2011, is a gated-and-guarded full-service industrial park in Johor spanning 205 acres.
It houses numerous Malaysian and international companies across various sectors, including aerospace, electronics, oil and gas, consumer and food products.
AME is currently constructing two integrated industrial parks in Johor: i-Park @ Indahpura (Phase 3) and i-Park @ Senai Airport City (Phases 1, 2 and 3).
At the midday break, AME was unchanged at RM1.68 with 567,200 shares traded.