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November 23, 2024 -Saturday

 
  OLIVER HEALTHCARE PACKAGING REAFFIRMS COMMITMENT TO MALAYSIA'S PHARMACEUTICAL AND MEDICAL DEVICES ECOSYSTEM WITH 122,000-SQUARE FOOT MANUFACTURING FACILITY

Tuesday 02/01/2024



JOHOR, Malaysia, Jan 2 (Bernama) -- Oliver Healthcare Packaging (“Oliver”), a leading supplier of sterile barrier flexible packaging solutions to the global healthcare market, has commenced construction of its new manufacturing facility in the state of Johor, Malaysia. The facility is Oliver’s first plant in Malaysia, and the largest in Asia.

In February of this year, the company broke ground on their new 122,000-square foot manufacturing facility, which is located within the i-Tech Valley, an integrated industrial park in the established economic zone of Iskandar Puteri, Johor. The plant, expected to begin operations by end-2024, will help develop Malaysia’s medical devices ecosystem through the supply of innovative flexible packaging solutions for Asia-Pacific’s rapidly growing healthcare industry.

YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI), said, “Oliver Healthcare Packaging's choice of Malaysia for its inaugural presence in Asia stands as an unequivocal testament to our attractiveness not only as an investment destination, but also as a thriving and dynamic hub for companies wishing to establish strategic access to the region. The commencement of their facility’s construction sends a strong signal on Malaysia’s efficient facilitation of investments to other investors. To us, timely implementation of committed investments is equally key, because it means that jobs and opportunities for SMEs can be quickly realised to benefit the Malaysian economy.”

Datuk Wira Arham Abdul Rahman, CEO of MIDA, underscores the significance of Oliver Healthcare Packaging's decision, marking a milestone for our thriving medical devices ecosystem. The move reflects confidence in Malaysia's business-friendly environment and the resilience of our medical devices supply chain. MIDA is fully committed to collaborating with the company to bring this project to fruition, extending a warm welcome to similar initiatives.

“Malaysia plays an important role as a strategic hub for the many pharmaceutical and medical devices companies in Southeast Asia. We look forward to working closely with MIDA to further the growth and development of Malaysia’s medical devices ecosystem. It’s a critical investment that will support the ever-evolving healthcare needs of this region and beyond,” said Kenneth De Muynck, General Manager, Asia Pacific, Oliver Healthcare Packaging.

The new manufacturing facility will create employment opportunities with positions in engineering, manufacturing, plant management, and more. It will also boast the latest state-of-the-art manufacturing equipment housed in ISO-7 and ISO-8 clean rooms, meeting the stringent regulatory standards for medical packaging.  

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

About Oliver Healthcare Packaging Company
Oliver Healthcare Packaging is a leading supplier of sterile barrier packaging solutions for the global healthcare market. Headquartered in suburban Philadelphia, PA, Oliver has manufacturing and technical facilities around the world including Anaheim, CA; Feasterville, PA; Galway, Ireland; Grand Rapids, MI; Hamilton, OH; New Britain, PA; Singapore; Suzhou, China; and Venray, the Netherlands. In addition, new state-of-the-art manufacturing facilities are being constructed in Malaysia (2025) and planned for Costa Rica (2025). More information about Oliver is available at www.oliverhcp.com

SOURCE: Malaysian Investment Development Authority

FOR MORE INFORMATION, PLEASE CONTACT: 
MIDA
Name: Ms. Rozita Ibrahim
Director, Building Technology & Lifestyle Division, MIDA
Tel: +603-2267 3479
Email: rozita@mida.gov.my

Oliver Healthcare Packaging
Name: Anne Chng
Marketing Manager, APAC
Tel: +65 96505013 
Email: achng@oliverhcp.com

--BERNAMA 

 
 
 

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