PETALING JAYA (June 11): Knight Frank Malaysia has been appointed the exclusive agent by Western Digital to market the latter’s hard disk drive (HDD) assembly facilities in Sungai Way Free Trade Industrial Zone (FIZ), Petaling Jaya, Selangor.
In a statement today, Knight Frank Malaysia capital markets executive director Allan Sim said the Western Digital plants are undoubtedly one of the most prominent and visible buildings along the Puchong-Damansara Expressway (LDP) and it is rare for such a sizable facility within an established free trade zone in Petaling Jaya to be made available to the market.
“Most existing FIZs within the Klang Valley are generally full or occupied,” he said. FIZs are export processing zones to cater to the needs of export-oriented industries. Companies in FIZs are allowed duty-free imports of raw materials, components, parts, machinery and equipment directly required in the manufacturing process.
“Western Digital was operating in these sites for the company’s hard disk manufacturing operations and have fitted out the plants with high-grade equipment including large Class 100 clean rooms. This is a great opportunity for large manufacturers looking to expand their footprint in Malaysia with high-grade facilities ready for immediate operation,” he added.