FLAGGING OFF CEREMONY FOR THE RICKSHAW CHARITY RIDE “JOURNEY OF LOVE”

Posted in Dari Meja Ketua Menteri

SPEECH BY CHIEF MINISTER OF PENANG

FOR THE FLAGGING OFF CEREMONY FOR THE RICKSHAW CHARITY RIDE “JOURNEY OF LOVE”

29 June 2019

Kompleks Masyarakat Penyayang

 

Good morning to all of you.

Firstly, allow me to express how delighted I am this morning to not only witness but to flag off a remarkable undertaking so meaningful and filled with love by Pastor Rev. Cheah Chee Moon.

While love itself is strangely manifested under various circumstances, challenging and unsuspecting even at times, to manage a major feat or attempt a task like what Pastor Cheah is doing from this morning onwards for the next 9 days until 7th July, is most humane and a selfless kind of love in the service of others, to say the least.

From my understanding, the lack of operating funds faced by Eden Handicap Service Centre Bhd and the KL-based Dual Blessing Bhd became a cause of concern for Pastor Cheah and as such, he decided to embark on the 400-km journey from Penang to Kuala Lumpur by pulling a rickshaw with the aim of raising a total RM1 million for the two organisations.

Both organisations – Eden as well as Dual Blessing – are noted as the umbrella under which many charitable and welfare programmes are run on a daily basis such as children’s daycare and hostel, sheltered workshop, handy-CAB transport services, recycling unit, cleaning services, craft & souvenirs, welfare services and recreation.      

The recipients of these services are those with special needs and both organisations are totally dependent on public support. Furthermore, these services are provided free regardless of background, race or religion.

I wish to once again applaud this selfless endeavour by Pastor Cheah and we all pray for the success and safety of your more than 400km “Journey of Love” in raising the much-needed funds for Eden Handicap and Dual Blessing.

It is precisely this love of yours for the less privileged that touched the hearts of so many of our donors which made society a kinder and better place for everyone.

Thank you.  

OFFICIAL OPENING OF SIEMENS DIGITAL INDUSTRIES SOFTWARE (SPLM) OFFICE AND LAUNCH OF TECHNICAL COMPETENCY HUB

Posted in Dari Meja Ketua Menteri

SPEECH BY CHIEF MINISTER OF PENANG

AT THE OFFICIAL OPENING OF SIEMENS DIGITAL INDUSTRIES SOFTWARE (SPLM) OFFICE AND LAUNCH OF TECHNICAL COMPETENCY HUB

 

28 June 2019

Siemens Industry Software, Bayan Lepas

 

Good morning.

It gives me a great pleasure to be present today to witness the official opening ceremony of Siemens Digital Industries Software office, also known as SPLM, and the launching of its first Technical Competency Hub in Malaysia.

Started its operation in Penang 9 years ago, I am delighted that Siemens has chosen to deepen its roots in the State. I was told by the company that Penang is chosen for expansion due to the availability of talents that is equipped with both technical and language skills and notably our economic and political stability. With the current 70 highly skilled staffs on a 1,500 square meter office in Penang, SPLM commits to double its office space and close to triple its number of staffs over the next two years. I am indeed excited and look forward to this expansion.

 

Thanks to our 50 years of industrial experience, Penang is no doubt one of the key manufacturing hubs in the region and the State has been attracting high-quality investments over the past decades. Penang houses about 350 MNCs and we have a strong base of more than 3,000 manufacturing-related SMEs in the state, forming a robust ecosystem that becomes our competitive edge.

The numbers speak for themselves, in the first quarter of 2019, Penang attracted RM8.5 billion of manufacturing FDI and it is estimated to create 10 thousand new jobs to the State. Notably, the FDI was mainly led by the high-value E&E industry and Penang contributed 42% of Malaysia’s total FDI during the period.

Not only that, Penang’s capability is recognised by the international organizations as the State has been chosen to host The World Congress on Information Technology, or known as WCIT, in September next year. Known as the Olympics of the world’s information technology industry, WCIT 2020 Malaysia sets Penang as the gateway to Southeast Asia for the world.

We expect this 4-day event to attract the participation of 4,000 delegates, who include industry captains, government leaders and academicians, from more than 80 countries. Through this event, we are targeting to bring in RM10 billion investment to Malaysia.

Ladies and gentlemen,

Despite this great achievement, the State simply cannot afford to rest on its laurels and be complacent. Due to the emergence of disruptive technologies, almost every industry is undergoing a radical transformation. In Penang, modernizing the manufacturing industry is particularly important. It will help us to remain competitive through higher productivity gains and create additional revenue streams through new products and quality improvements. In fact, according to a study by the World Economic Forum, Malaysia is among the 25 countries that are well positioned to benefit from Fourth Industrial Revolution technologies.

The MNCs in Penang have introduced Fourth Industrial Revolution technologies, such as the industrial internet of things to a certain extent. This no doubt will drive innovation-led growth in industries and to develop a more robust than ever ecosystem, allowing the State to move towards a knowledge-intensive and high value-based manufacturing. Through the State’s relentless effort in creating awareness on the importance of digitalisation, I am hopeful that the local SMEs will proactively move in tandem with MNCs in adopting the Industry 4.0 elements in their operations.

Ladies and gentlemen,

The State will continue to engage the industry for inputs and to ensure our infrastructure is up to standard in supporting our goals. The State government has recently announced that we are targeting to be the first state in Malaysia to become a gigabit city that offers high-speed internet and a more reliable broadband connection to businesses and residents. The State has already started to work with relevant stakeholders including MCMC and the seven biggest telco providers on this matter.

My Penang2030 vision is not merely a State-sponsored initiative. I hope that both public and private sectors will work hand-in-hand in achieving the vision of upgrading the economy through the emphasis on advanced readiness of manufacturing industries for the digital age.

Thank you.

OPENING CEREMONY OF AVX MANUFACTURING (MALAYSIA) SDN. BHD

Posted in Dari Meja Ketua Menteri

SPEECH BY CHIEF MINISTER OF PENANG

OPENING CEREMONY OF AVX MANUFACTURING (MALAYSIA) SDN. BHD

 

28 June 2019

AVX Bayan Lepas

 

Ladies and Gentlemen

Good morning to all distinguished guests. It gives me great pleasure to be present here today to witness the official opening ceremony of AVX Manufacturing (Malaysia) Sdn Bhd new plant.

AVX, which started its operation in Penang since 1998, has chosen to deepen its roots in the state with a RM600 million investment, furthermore AVX has just added 250 thousand square feet new facility in the State. With a total square footage of 450,000, the Penang site is now AVX’s largest flagship multi-layer ceramic manufacturing factory in the world. Worth to highlight, AVX’s accumulated investment has already amounted to RM 1 billion since its inception in Penang.

With this new expansion, AVX will double its headcount in Penang to 2,000 over the next 2 years. I am also pleased to learn that AVX collaborates with local universities to offer employment opportunities for graduates and provides in-house and overseas training to its employees on cutting-edge manufacturing technologies and operating of state-of-the-art equipment. I believe these initiatives will strengthen the skill set of local technical talent and create a larger pool of trained professionals in Penang.

The ceramic capacitors that AVX manufactures are used in a wide range of products and this factory’s primary focus is to support the automotive sector. Thanks to the evolvement in the automotive industry, the electronic content in cars have increased exponentially over the years. The advent of hybrid and electric cars has doubled the number of capacitors per vehicle, pushing the development of technology to manufacture devices that are faster, smaller and more powerful. 

Ladies and gentlemen,

We are now at a highly uncertain period due to the latest trade and technology disputes between the two world superpowers, the US-and China, which accumulatively made up 40% of the world’s total GDP. The tensed relationship between them resulted global trade slowdown and the automotive market also recorded sales contraction in the past months. According to VDA which track global automotive market, China’s new passenger car sales volume plunged 15% year-on-year in January to May 2019 while the car sales in both Europe and the US markets dropped 2% year-on-year for the same period. 

Despite the near-term outlook seems sluggish, the automotive industry is undergoing a radical transformation. According to the research report from J.P. Morgan, electric vehicles only represented 2% of total global vehicle sales volume in 2015. The global market share of electric vehicles is estimated to climb to 30% and 60% in 2025 and 2030, respectively. Against this backdrop, those companies which have already position themselves to ride on this megatrend will be benefitting over the mid to long term. 

Ladies and Gentlemen

The Penang State government welcome and is committed to support high quality investments that are related to the disruptive technologies, such as those from the areas of Internet of Things, 5G networks, Industry 4.0, autonomous vehicles, artificial intelligence, virtual and augmented realities, among others.   

I believe that the first quarter 2019 FDI figure is a strong evidence that Penang is a preferred destination for high quality investments. In first quarter of 2019, Penang attracted RM8.5 billion of FDI and it was mainly led by the high value E&E industry. Notably, Penang contributed 42% of Malaysia’s total FDI during the period. Of course, this stellar investment performance would not have been possible if not for the hard work from both state government and various federal ministries, particularly the support from MIDA and MoF.

Last but not least, I am pleased to see that AVX’s presence in the State spell out one of the themes in my Penang2030 vision - “Upgrade the economy to raise household incomes” through the advanced readiness of manufacturing industries.

With that, I once again congratulate AVX in this grand opening event. I look forward for more expansion from your company in the future.  

Thank you.