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Sivasuriyamoorthy Sundara Raja, the deputy CEO of investment promotion and facilitation at the Malaysian Investment Development Authority (Mida), echoed this sentiment, emphasizing the significant role of such investments in fostering economic growth and creating job opportunities. Datuk Onn Hafiz Ghazi, the Menteri Besar of Johor, expressed his delight at Ray Tech’s decision to establish its presence in the state, emphasizing the significant opportunities it brings for job creation and economic growth. He noted, “Companies like Ray Tech (Malaysia) Sdn Bhd not only bring substantial investment value but also high-quality job opportunities, which align with the state government’s vision for the proposed Special Economic Zones.” Meanwhile, the opening of Ray Tech’s facility coincides with Johor’s aspirations for economic development, with Menteri Besar Datuk Onn Hafiz Ghazi drawing inspiration from the success of Shenzhen, China. Highlighting Johor’s strategic location and plans for economic growth, Datuk Onn Hafiz outlined initiatives such as the Johor-Singapore Special Economic Zone (JS-SEZ) and the Special Financial Zone (SFZ), aimed at leveraging the state’s proximity to neighboring Singapore. Lee Ting Han, the Johor Investment, Trade, and Consumer Affairs Committee chairman, emphasized the state government’s commitment to fostering investment growth, with a focus on sectors that drive sustainable development. The launch of Ray Tech’s facility not only signifies a leap forward in technological innovation but also heralds a new era of economic prosperity for Johor, positioning the state as a hub for high-tech industries and innovation-driven investments.

KUALA LUMPUR: Ray Tech (Malaysia) Sdn Bhd, a subsidiary of Unicomp Technology China, has opened its first smart industrial X-ray inspection specialist plant in Gelang Patah, Johor. The X-ray technology company said the cutting-edge facility would revolutionise the production and distribution of X-ray equipment, catering to the growing demand for advanced X-ray imaging in various sectors and regions around the world.Ray Tech general manager Matthew Loh said the facility would not only bolster the company’s production capabilities but also strengthen its presence in the regional and overseas markets, enabling the company to better serve its customers. “We are excited to inaugurate our X-ray assembling plant in Malaysia, a testament to our continued investment in innovation and commitment to advancing the use of smart industrial X-ray in various sectors,” he said in a joint statement with the Malaysian Investment Development Authority (Mida) today. The company said Malaysia’s allure in attracting high-technology industries bodes well for the country as it brings along new technology and job opportunities. It noted that the launch of this plant underscores investors’ confidence in Malaysia’s business- friendly environment and affirms the country’s status as a preferred investment destination for high-value manufacturing and innovation-driven investments. “This 80% export-oriented project will be supported by the Malaysian technical workforce with more than 95% of the total manpower ranging from managerial, technical, and supervisory categories. “The advent and portrayal of X-ray go further than the medical sector and is now extended to the automotive, electronics semiconductor, lithium battery, public security, foreign object detection and non-destructive tests,” it said. The company said that among its noted clientele are Xiaomi, Tesla, BYD, Mercedes, BMW and Honda Meanwhile, Mida deputy CEO of investment promotion and facilitation Sivasuriyamoorthy Sundara Raja said the new facility signified a significant step forward for Malaysia’s industry and promised numerous job opportunities for the local community. “We eagerly anticipate the growth and prosperity this investment will bring,” he said. This achievement showcases the trust of companies in the country’s long-term investment propositions and the confidence of local and global investors in Malaysia as a preferred sustainable investment destination, he added. – Bernama