‘LARGEST IBS PLANT’
Country Garden’s facility to help cut foreign manpower needs
COUNTRY Garden Pacific View’s industrialised building system (IBS) facility in Johor is set to become the world’s largest IBS factory with a total investment of RM2.6 billion, incorporating technologies from Germany, Italy and China.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said once completed, it would help the nation reduce dependency on foreign labour, besides cutting down the completion time of a project.
“Currently, three lines are in operations, while the rest are in the test-run stages and by next month, there will be 12 lines in operations.
“One of the significant spillovers is in technology transfer. For example, if a project takes two to three years to complete, with IBS, it can be done at a much faster pace.
“We will also have a more productive, efficient, sustainable and safer construction industry in Malaysia,” he said after chairing a roundtable meeting with 12 industry players at Forest City, here, yesterday.
Mustapa said the development was in line with Malaysia’s aspirations of becoming a high-income nation by adopting smart technologies and processes, including automation.
There were 63 local IBS projects since 1990 with investments totalling RM1.9 billion, the minister added.
Mustapa said Johor was expected to get over RM1 billion in foreign and domestic investments from various industries, such as textiles, electrical and electronics, and food industries in two years. Bernama
(From left) Iskandar Regional Development Authority chief executive officer Datuk Ismail Ibrahim, International Trade and Industry Minister Datuk Seri Mustapa Mohamed and Forest City director of strategy department Ng Zhu Hann touring Forest City yesterday.