- Expected to generate US$14.5 million in sales revenue over three years
- Committed to nurturing local talent, supporting a sustainable high-tech ecosystem
Keyto MY Sdn. Bhd., a subsidiary of Shenzhen Keyto Fluid Technology Co. Ltd., has inaugurated its state-of-the-art fluid technology manufacturing plant in Batu Kawan, Penang. This significant investment underscores Malaysia’s growing importance as a global manufacturing hub, with Keyto MY’s new facility set to enhance the country’s industrial capabilities and diversify its high-tech manufacturing sector.
The plant is projected to generate sales revenue of US$14.5 million (RM65 million) over the next three years, reflecting its robust growth potential.
Chow Kon Yeow, chief minister of Penang, stated, “With a legacy of five decades of industrialisation and a reputation for innovation and technological excellence, the state offers a thriving industrial ecosystem that naturally attracts investors.” He further added, “It is a matter of great pride that Keyto MY marks not only the company’s first presence in Malaysia but also Keyto’s first overseas manufacturing plant, located in Southeast Asia.”
The new manufacturing facility, spanning over 3,540 square metres, will focus on producing fluid management systems and precision components essential for applications in medical devices, life science instruments, and environmental monitoring systems. By addressing the increasing demand in these sectors, the plant will play a pivotal role in strengthening Malaysia’s position in the global market for advanced fluid control solutions. Its projected sales revenue of US$14.5 million (RM65 million) over the next three years highlights the strong market potential for high-precision fluid technology.
Zhang Cheng, chairman of Shenzhen Keyto Fluid Technology Co. Ltd., emphasised the strategic importance of the Batu Kawan facility to Keyto’s global expansion. “This new plant marks a significant milestone in our global growth,” Zhang said, adding, “Malaysia’s strategic location, coupled with its skilled workforce and business-friendly environment, provides us with the ideal platform to deliver advanced fluid technology solutions to customers worldwide.”
The first phase of the facility will focus on manufacturing a range of fluid management solutions, including high-performance pumps, valves, and fluid systems. With Malaysia’s growing strength in high-tech manufacturing, Keyto MY is well-positioned to become a critical player in the region’s supply chain for fluid technology, meeting rising demand for advanced systems across multiple industries.
As a subsidiary of Shenzhen Keyto Fluid Technology Co. Ltd., a company with a strong international presence, Keyto MY brings extensive expertise, industry knowledge, and a global perspective to drive both local and international business success. The plant will feature innovative technologies aimed at maximising production efficiency, maintaining rigorous quality control, and ensuring sustainable manufacturing practices.
The long-term impact of Keyto MY’s presence in Penang extends beyond industrial growth. “Our investment is not just in physical infrastructure; it’s about empowering Malaysia’s next generation of engineers and professionals,” Zhang said, highlighting the company’s commitment to nurturing local talent, fostering innovation, and contributing to the development of a sustainable high-tech ecosystem.
According to Invest Penang, the state’s strategic advantages – its well-established industrial base, skilled workforce, and proximity to key global markets make it an ideal location for high-tech industries. The organisation noted that Keyto MY’s investment aligns with Malaysia’s ongoing efforts to diversify its economy and strengthen its position in the global high-tech manufacturing landscape.
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