The RM222mil plant will be constructed on 11.2ha in the Sendayan TechValley. The project begins this month and production is expected to commence by November.
A sales and purchase agreement was signed here yesterday witnessed by Mentri Besar Datuk Seri Mohamad Hasan, Akashi Kikai Industry (M) Bhd president Noriyoshi Matsushita and Mentri Besar Inc chief executive and BSS Development chairman Datuk Haslah Amin.
Akashi Kikai is a subsidiary of Daihatsu Motor Co.
Matsushita said the plant would begin producing 150,000 units of EAT per year in the initial stages.
“We will focus on Perodua first before we consider exporting the EAT,” he said, adding that Akashi had five similar plants in Japan.
He said Akashi chose to invest in Negri Sembilan as the state had an excellent infrastructure network and was close to the country's airfields and seaports.
“The Sendayan TechValley is also an ideal place for investment as we would be able to expand should the need arise,” he said.
Matsushita said that although the company had some 60 vendors in Japan, it would give locals the opportunity to supply parts to the company.
“We will start with 10 local vendors and see how this could be expanded,” he said, adding that Akashi would also consider expanding its customer base once it was able to fulfil Perodua's demand for EATs.
Mohamad Hasan expressed his gratitude to Akashi for its decision to invest in the state.
“I have been told that some of Akashi's vendors from Japan would also relocate here and this bodes well for the Sendayan TechValley area,” he said adding that several more multinational companies had expressed their desire to invest in the area.
He said the state government was also in talks with Gas Malaysia to extend the gas pipeline to the area as many potential investors had requested for this.
Mohamad Hasan said the state had registered a record RM5.7bil in new investments for the manufacturing sector alone for 2011.
Perodua managing director Datuk Aminar Rashid Salleh said the investment showed Daihatsu's commitment to the automobile industry in Malaysia and marked an important milestone for the carmaker's five-year strategic road map to become more competitive.
He said the investment would also allow for the transfer of high-end and high-quality technology to Malaysia. Perodua has a 10% stake in Akashi
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