MRCB launches Perlis plant for Fortune 500 company

MRCB launches Perlis plant for Fortune 500 company

Malaysian Resources Corporation Bhd diversifies its portfolio with its maiden investment in the industrial property market.

kilang jabil
Jabil Circuit Sdn Bhd’s production facility developed and owned by MRCB in the Chuping Valley industrial area in Perlis. (Bernama pic)
PETALING JAYA:
Malaysian Resources Corporation Bhd (MRCB) has launched a production facility in Perlis for Fortune 500 company Jabil Circuit Sdn Bhd, marking a milestone in MRCB’s diversification strategy.

MRCB developed and owns the 101,059 sq ft plant, which Jabil is leasing for 10 years with an option for a five-year extension.

It is MRCB’s maiden investment in the industrial property market as the construction and property development firm diversifies its portfolio.

Officiating its launch today, the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail, said US-based Jabil’s plant in the Chuping Valley industrial area would boost Perlis’s economic and industrial development.

He said the people of Perlis would be able to benefit from the creation of high-value jobs through the facility, which will also spur development and promote technological advancements.

“What we see here today is not just a building, but a symbol of growth, opportunity, and progress. It is the result of careful planning, vision, and a shared commitment to developing a sustainable and thriving economy for our state,” he said.

Tuanku Syed Sirajuddin said Jabil was the Chuping Valley industrial area’s first foreign investor, which showed that Perlis was an attractive destination to invest in.

He was pleased with the plant’s completion in 2024 following construction in 2022, saying it reflected the strong partnership among the state government, the Northern Corridor Implementation Authority, MRCB, and Jabil.

Separately, MRCB has invested in about 4ha of land in Perlis for the development of a custom industrial plant, which is expected to further spur the state’s development.

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