KUALA LUMPUR: Foreign investors remain confident in Malaysia's thriving and vibrant electrical and electronic products (E&E) ecosystem that has enabled much technology creation in the country to produce indispensable, complex and high-tech products, said International Trade and Industry Minister, Datuk Seri Mohamed Azmin Ali.
This is reflected in the newly-formed technological collaboration between Silterra Malaysia Sdn Bhd and Istanbul-based TUYAR Mikroelektronic in the semiconductor industry, he said.
"Malaysia will now able to export our technical know-how and manufacturing expertise to assist Turkiye," the minister said in his latest post on Twitter.
Azmin is part of the delegation led by Prime Minister Datuk Seri Ismail Sabri Yaakob who arrived on Tuesday for a four-day official visit. He accompanied the prime minister at a meeting with Silterra chairman Tan Sri Syed Zainal Abidin and TUYAR chairman Prof Sezai Elagoz that was held this morning.
Silterra and TUYAR have entered into a memorandum of understanding (MoU) to explore collaboration in technology development and manufacturing in the semiconductor industry, with the Malaysian chipmaker assisting the latter to develop the base technology and to manufacture in Silterra.
Azmin said the collaboration would involve potential investment by TUYAR, a pioneer in the formation of the integrated circuit design and production system in Turkiye, in process engineering development and also in equipment and capacity to manufacture wafer for the company.
"TUYAR is exploring developing technology with Silterra on micro chip development for a short-term plan, where TUYAR will have an equity stake in Silterra valued at US$50 million-US$100 million (to invest in the production equipment line).
"In the longer term, Silterra would assist TUYAR to develop the local capability in the semiconductor industry in Turkiye," he said.
Azmin said the collaboration would also benefit Malaysia's machine and equipment manufacturers as well as create opportunities for other local vendors, thus further adding value to domestic supply chain.
He said the prime minister has expressed his enthusiasm on the potential collaboration and reiterated that the government is fully supportive of these initiatives through the Ministry of International Trade and Industry (MITI) and Malaysian Investment Development Authority.
On another note, Azmin said a productive discussion was held with Dr Tarik Var, chief executive officer of Istanbul Shipyard -- a leader in the Turkish shipbuilding industry -- to further explore business opportunities in Malaysia.
He shared that the company is exploring more potential collaborations with the Malaysian defence and shipbuilding players, including cooperation with the Royal Malaysian Navy and Malaysian Maritime Enforcement Agency, with a proposed investment value of about RM1 billion in five years.
"The prime minister has reiterated the need for Malaysian companies to collaborate with the right partners in developing the shipbuilding industry in Malaysia.
"I express that these initiatives are in line with the National Investment Aspirations as the government through MITI is committed to developing the shipbuilding ecosystem amongst the small and medium enterprises and to encourage the transfer of technology," he added.
-- BERNAMA
Bernama
Wed Jul 06 2022
Malaysia will now able to export our technical know-how and manufacturing expertise to assist Turkiye, said International Trade and Industry Minister, Datuk Seri Mohamed Azmin Ali. - Twitter Azmin Ali
PRK Kuala Kubu Baharu: BN pamer komitmen tinggi pastikan kemenangan calon - Loke
BN menunjukkan komitmen tinggi dalam memastikan kemenangan calon PH, pada PRK Kuala Kubu Baharu.
Empat maut, dua pacuan empat roda bertembung
Empat individu maut dalam kemalangan melibatkan dua pacuan empat roda di Kilometer 78, Jalan Kota Bharu-Gua Musang tengah malam tadi.
Uqasha Senrose selamat bersalin, beri nama anak Uqaira
Pelakon Uqasha Senrose mengumumkan telah selamat melahirkan puteri sulungnya pada awal pagi Sabtu.
Thomas Cup: Permulaan cemerlang buat Malaysia
Malaysia bermula cemerlang pada perlawanan pembukaan Piala Thomas 2024, dengan menewaskan Hong Kong 5-0 hari ini.
PRK Kuala Kubu Baharu: Proses penamaan calon lancar - Polis Selangor
Proses penamaan calon bagi PRK Kuala Kubu Baharu hari ini berjalan lancar tanpa sebarang insiden tidak diingini.
PRK Kuala Kubu Baharu: Pembangunan anak muda, wanita menjadi fokus Pang
Agenda pembangunan anak muda dan wanita akan menjadi fokus utama calon PH Pang Sock Tao, pada PRK Kuala Kubu Baharu.
Nahas helikopter Lumut: Kerajaan tidak bercadang gantung sementara helikoper Fennec, HOM
Kerajaan setakat ini tidak bercadang untuk menggantung sementara perkhidmatan helikopter jenis Fennec dan HOM.
Kejohanan Dunia Boling Padang: Tiga gangsa dalam tangan, misi tukar warna pingat
Skuad boling padang negara layak ke pusingan separuh akhir dalam kesemua kategori yang dipertandingkan di Kejohanan Dunia Dalam Dewan 2024.
Amerika Syarikat mungkin haramkan firma dron China, DJI
Amerika Syarikat kini turut sedang pertimbangkan DJI sebagai ancaman sekuriti, dan mungkin melakukan perundangan untuk mengharamkan DJI.
Bersatu ambil tindakan susulan terhadap enam ahli Parlimen - Muhyiddin
Bersatu sedang melaksanakan tindakan susulan terhadap enam ahli Parlimennya yang menyokong Perdana Menteri selepas meminda Perlembagaan parti bulan lalu.
Azmin setuju debat dengan Rafizi dengan syarat
Rafizi terlebih dahulu perlu membuktikan telah berjaya dalam pelaksanaan dan pemulihan ekonomi negara.
Azmin beri bayangan tidak bertanding PRN
Mohamed Azmin secara peribadi berkata sudah tiba masa untuknya memberikan laluan kepada tokoh muda dalam Perikatan Nasional (PN).
'Kerusi panas' PRU15: Kempen 'membara' iringi pertembungan nama besar di Gombak
Bagaimana setiap calon melaksanakan tanggungjawab dan hala tuju serta pengisian kempen bakal menentukan pemenangnya.
PRU15: Azmin yakin mampu pertahan Gombak
Ia susulan penerimaan penduduk Gombak terhadapnya selain hakikat dirinya sendiri adalah penduduk jati kawasan Parlimen itu.
Masa paling sesuai adakan PRU15 adalah sekurang-kurangnya enam bulan lagi - Azmin
Masa yang paling sesuai untuk mengadakan Pilihan Raya Umum ke-15 adalah sekurang-kurangnya dalam tempoh enam bulan lagi, ujar Datuk Seri Mohamed Azmin Ali.
Mohamed Azmin ucap takziah kepada keluarga Mustapha Kamal
Datuk Seri Mohamed Azmin Ali mengucapkan takziah kepada keluarga tokoh korporat dan pengasas Emkay Group, Allahyarham Tan Sri Mustapha Kamal Abu Bakar yang meninggal dunia pagi Isnin.
PKR tidak akan kerjasama dengan Azmin
PKR tidak akan berbincang atau bekerjasama dengan Datuk Seri Mohamed Azmin Ali. Itu ketetapan yang dibuat Majlis Pimpinan Pusat (MPP) PKR selepas mesyuarat yang diadakan pada Isnin
Azmin, Rashid akan tinggalkan Bersatu? Ini penjelasan Muhyiddin...
Muhyiddin menjelaskan dakwaan tersebut adalah tidak benar dan beliau sering berbincang dengan Azmin mengenai masa depan Bersatu.
Menteri ekonomi ASEAN rangka rancangan kerja serantau
Sesi pemukiman tersebut akan turut meneruskan perbincangan dalam menetapkan keutamaan bagi mempercepatkan pemulihan ekonomi serantau.
Malaysia muncul negara paling menarik di rantau Asia Tenggara untuk pelaburan asing
Ini didorong oleh kejayaan negara menarik lebih RM220 bilion pelaburan yang diluluskan pada 2021.