Malaysian Ajiya Bhd has announced that it intends to invest MYR 30 million in two new safety glass processing plants in Malaysia and Thailand – MYR 10 million in a plant in Shah Alam and MYR 20 millio…
Malaysian Ajiya Bhd has announced that it intends to invest MYR 30 million in two new safety glass processing plants in Malaysia and Thailand – MYR 10 million in a plant in Shah Alam and MYR 20 million in its plant in Bangkok. According to company managing director Chan Wah Kiang, the Shah Alam facility is expected to start operation in the first quarter of 2011, while the plant in Bangkok should be ready a few months later. This will further strengthen our position as the leading metal roll and safety glass processing player in Malaysia and Thailand, Chan said after the company“s annual general meeting on 23 April. He added the new facilities would complement the company“s existing metal roofing manufacturing plants in Shah Alam and Bangkok, with the Shah Alam plant catering to the central region of Peninsular Malaysia while the Bangkok plant would serve its Thai and Indochinese markets, especially Cambodia and Vietnam. Chan also said that the demand for building materials, including safety glass, would rise, since several redevelopment property projects are expected to start up in the older parts of Kuala Lumpur along with the Riverside City project in the Klang Valley. According to Chan, Thailand and neighbouring countries do not have many large-scale integrated plants producing metal roofing and safety glass materials for the construction industry, adding that Ajiya was therefore well positioned to capture the market: We are also in a better position as our products conform with the Green Index Building and energy saving with more developers now using green technology and initiatives in their projects.