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April 19,2024, Selangor ,Malaysia – Multi-Code Electronics Industries (M)Bhd., an Original Equipment Manufacturer (OEM) of automotive electronics and mechatronics parts, officially commence construction on the MCE Auto Hub. The first phase of the eight-acre MCE Auto Hub represents an initial investment of RM50 million.
Minister of Investment, Trade, and Industry (MITI)– Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz officiated the ceremony at the UMW High Value Manufacturing Park in Serendah. Also presence were Dr. Goh Kar Chun– Group MD of MCE ,Tan Sri Dato’ Abdul Rahman bin Mamat-Chairman of MCE ,Ng Sze Han-Selangor State EXCO of Investment, Trade and Mobility, Azrul Reza Aziz– CEO of Malaysia Automotive Robotics and IoT Institute (MARii),Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), Papparaidu Veraman– Selangor State Exco for Human Resources and Poverty Eradication, Datuk Hj. Rizam Bin Hj. Ismail– Selangor State Exco for Rural Development, Unity and Consumers and representatives from local agencies, MCE’s partners.
Multi-Code Electronics Industries (M) Bhd., is a wholly owned subsidiary of MCE Holdings Bhd.(MCE). Construction of the first phase new plant is expected to be completed by the end of the year, with operations slated to begin in 2025.
Upon completion, the hub will serve as MCE’s primary production facility, bolstering its capacity to meet the growing demand for sophisticated electronic components and systems in both ICE vehicles and EVs.
This strategic investment underscores MCE’s commitment to addressing the evolving needs of next-generation automobiles, particularly in advanced automotive electronics such as cockpit infotainment systems, digital displays, and various components for both ICE vehicles and EVs.
MITI Minister, Tengku Zafrul Aziz said, “We applaud this major decision by Multi-Code Electronics Industries (M) Berhad (MCE) to deliver cutting-edge solutions that enhance our automotive ecosystem, which is a testament to the government and MITI’s strategic policy push towards fostering growth and innovation in Malaysia’s automotive sector. The development of the MCE Auto Hub will further contribute to the growth of this sector, which currently contributes around RM40 billion to Malaysia’s GDP, while providing 700,000 jobs. More importantly, as envisaged by key policies such as NIMP2030 and the National Automotive Policy, the MCE Auto Hub will also propel the nation towards regional leadership in automotive electronics manufacturing, while making Malaysia more attractive for auto investors.”
Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, expressed, “This breakthrough not only signifies a significant milestone for our industry, but also serves as a catalyst for economic growth, job creation and innovation. MIDA deeply values the high-value investment from MCE, as it will bolster the EV ecosystem in the country. Furthermore, the localisation of automotive electronic component production holds immense promise for job creation and enhance competitiveness for automotive OEM both locally and globally. MIDA remains committed to cultivating a supportive environment that promotes the expansion and richness of Malaysia’s industrial landscape. “
Dr. Goh Kar Chun, Group MD of MCE, said, “Throughout our journey, MITI, MIDA, MARii, and all local authorities have provided exceptional support and invaluable guidance. Their commitment to nurture and promotes local automotive manufacturing sector has been pivotal to our success.”
“The investment signifies our aim to lead in supplying automotive electronics and mechatronics parts in the region, capitalising on Malaysia’s advantage and its highly established electrical and electronics (E&E) industry, enhancing our capacity in supplying sophisticated products that are designed, produced, and made in Malaysia!” Goh added.
“The strategic location of the UMW High Value Manufacturing Park offers significant logistical and cost benefits, allowing us to be closer to some of our customers, partners, and suppliers. This proximity facilitates better collaboration and helps us further develop our ongoing partnership to foster a robust local ecosystem in automotive electronics,contributing to the overall economic contribution of the industry.”
This shift necessitates a need for a more stringent and technologically advanced manufacturing environment, in line with global digitisation trends and the growing EV market. Moreover, MCE’s commitment to innovation and growth underscored by its projected total investment of RM150 to RM200 million over the next 10 years in the new manufacturing facility.
Papparaidu Veraman, Dr Goh Kar Chun, Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Tan Sri Dato’ Abdul Rahman bin Mamat, Ng Sze Han, Datuk Hj. Rizam Bin Hj. Ismail,
