KUALA LUMPUR, June 6 (Bernama) — Malaysia has emerged as a prime destination for Japanese investments from the recently concluded Trade and Investment Mission (TIM) to Japan held from 29 May 2023 to 2 June 2023. The TIM focused on meeting with companies from various sectors including Electrical Vehicle (EV) related components, Electrical and Electronics (E&E), Machinery Parts & Components, Environmental, Social & Governance (ESG), Metal, and Chemical & Chemical Products.
NHK Spring, a key player in integrated metal substrates, will expand production in Negeri Sembilan to meet the soaring demand for these substrates, which are essential for the electrification of automobiles. With the electric vehicle (EV) industry projected to grow significantly, NHK Spring’s expansion plans align with Malaysia’s efforts to foster a robust ecosystem for EV development. The construction of a new plant and facilities is set to be completed by December 2023, reaffirming the company’s commitment to Malaysia since its establishment in Senawang, Negeri Sembilan in 1994. This expansion further solidifies NHK Spring’s role in Metal Based Printed Wiring Boards (PWB) manufacturing and enhances Malaysia’s position in the global supply chain.
