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Old Posted Jul 23, 2022, 4:52 PM
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Leuze Electronic plans to double investment to RM200 mil in Melaka
Bernama July 21, 2022 00:31 am +08

Quote:
MELAKA (July 20): German-based global optical sensor manufacturer Leuze Electronic Malaysia Sdn Bhd plans to increase its investment to RM200 million in the near future with the operation of its new plant in Bukit Rambai here early last year.

Melaka Chief Minister Datuk Seri Sulaiman Md Ali said the company had invested RM100 million, including for its factory building cost of RM50 million with eight production lines.

He said the company offered 100 job opportunities, of which 95% were filled by those living around Bukit Rambai and Tanjung Minyak.

He said these investments by almost 10 German companies underscores Melaka as one of the best investment destinations.
https://www.theedgemarkets.com/artic...200-mil-melaka
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