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BUSINESS

Sun Bus Tech invests RM80 mln in bus body manufacturing plant in Senai

24/11/2022 09:20 PM

KULAI, Nov 24 (Bernama) -- Bus manufacturing company Sun Bus Tech Sdn Bhd will invest RM80 million to build a bus body manufacturing plant at Senai Airport City here.

Chairman of the Johor State Investment, Trade and Consumer Affairs Committee Lee Ting Han said that through the factory, the local company is expected to be able to produce nearly 300 units of commercial buses including electric buses (EV) every year for the domestic and regional markets.

He said the factory, the construction of which is expected to start this month, is expected to be completed as early as the third quarter of next year or at the latest in 2024, besides creating more than 200 job opportunities in the state.

He said the company which comes from Johor, manufactures buses and bus body.

“The state government will continue to help ensure that this project expands because its products will be exported to Singapore, Thailand and Indonesia.

“Hence, we are proud that Malaysian brand products are also used in other countries," he said at a press conference after performing the groundbreaking ceremony for Sun Bus Tech's headquarters and manufacturing facility at Senai Airport City here yesterday.

Sun Bus Tech chief executive officer (CEO) Shyan Phang was also present.

Meanwhile, Malaysian Investment Development Authority (MIDA) CEO Datuk Wira Arham Abdul Rahman said MIDA welcomes such investments that provide benefits to the people.

“Malaysia is a strategic and ideal sustainable investment destination to attract EV industry investors to enter the Southeast Asian market.

“We are confident that Sun Bus Tech is able to realise the country’s aspirations to achieve a cleaner and more sustainable environment, in line with the principles of Environmental, Social and Governance,” he said.

-- BERNAMA


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