China-based Rigol Technologies has opened a new manufacturing plant in Penang, Malaysia.
The new facility, Rigol Technologies (Malaysia), represents an investment of around $23m (RM100 million).
Spanning 8,365 sqm (90,040 square feet), the site also features a research and development (R&D) centre and a service centre. It will focus on production, innovation and customer service.
Wang Ning, CEO of Rigol said: “It represents a significant milestone in our global expansion strategy and also underscores our dedication to delivering exceptional service to our international customers. By enhancing our service capabilities in overseas markets, we are positioning ourselves to better meet the growing demands of our clients, while simultaneously ensuring that we remain agile and responsive.
“Furthermore, this initiative allows us to maintain steady growth within the industry. By creating 150 job opportunities, RIGOL Technologies aims to nurture and develop a new generation of professionals in related technological fields. This is an exciting time for RIGOL, as we continue to build on our legacy of innovation and excellence.”
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA) said: “We’re super excited that RIGOL chose Malaysia for its first manufacturing plant outside of China. This investment not only creates high-value jobs, but it’s also a huge opportunity for Malaysia to move up the supply chain ladder.
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By GlobalData“The most important distinction here is how it perfectly aligns with the New Industrial Master Plan (NIMP) 2030.”
Headquartered in Beijing, Rigol specialises in the design and development of electronic test and measurement instruments. It has around 500 employees globally.