KUALA LUMPUR (Nov 22): China-based Zhejiang UNITY Technology Co Ltd on Wednesday signed a memorandum of understanding (MOU) with NCT Group of Companies to set up its facility in NCT Smart Industrial Park (NSIP) in Sepang, Selangor.
According to a statement on Wednesday, NSIP is one of the key developments in the Integrated Development Region of southern Selangor. It is also the first certified managed industrial park in Malaysia.
“The MOU represents a pivotal development for NSIP as it further solidifies the industrial park’s position as an attractive destination for foreign investment in the semiconductor industry,” said NCT Group founder and managing director Datuk Seri Yap Ngan Choy.
He added that the collaboration presents immense opportunities for both NCT Group and Zhejiang UNITY Technology as it unlocks potential for advancements and mutual growth.
“The semiconductor industry lies at the heart of modern technology, and we firmly believe that NSIP is well-equipped to leverage on these prospects. Beyond the positive outcomes for NCT Group, the MOU enables us to contribute to the economic development of Selangor while collectively fostering a thriving semiconductor industry in Southeast Asia.
“Most importantly, Zhejiang UNITY Technology’s interest in NSIP showcases our capabilities and the progressive environment cultivated by the state of Selangor to meet the evolving needs of businesses in the era of digitalisation,” he said.
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Source: EdgeProp.my
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