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Ibiden Considers an Additional $306 Million Investment at Penang Print E-mail
Written by Philip Buonpastore   
Tuesday, 10 June 2008
TOKYO - The Ibiden Co., is reportedly considering investing another $306 Million in a second phase of its PCB plant in the Penang Science Park.

According to industry reports, Ibiden's executive officer Sotaro Ito said "We have a tentative plan for the second phase that we hope to execute in 2011, if we are successful with the first phase."

The plant will reportedly be ready to begin production by July of next year. Ito has stated that about 900 jobs would be created for the plant's first phase, and a similar number for the second.

"We hope to source raw materials from Malaysian small and medium [sized] enterprises, depending on their capability to meet our needs," he said.
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