Country Garden aims to have stronger business presence in Malaysia
On 17 Januarary, Country Garden Malaysia Chief Financial Officer Jyh Juan Wong attended the Malaysia Economic Forum 2019 – “How Malaysia Unleashs Potential in Globalization Trends” at Kuala Lumpur. The event was jointly organized by Deloitte Southeast Asia China Service Department, Bank of China (Malaysia) and China Enterprise Association in Malaysia.
During the forum, Mr Wong introduced the investment of Country Garden in Malaysia to the audience. He emphasized the strategic importance of Malaysia, the first station as Country Garden ventured into overseas market. “In fact, we are not just building houses here, but doing similar to what we do in China: building a comprehensive value chain in Malaysia. From design, materials supply, construction, to interior design, marketing, property management and related ancillary services, we have a number of subsidiaries with different functions in Malaysia to ensure that resources are integrated and standardized.”
Mr Wong also shared in details on the technological innovation and employment of Country Garden in Malaysia – “We have invested more than RM 1 billion on the Industralized Building System (IBS) factory at Gelang Patah. It is the the largest fully automated IBS plant in Asia, with the latest technology and modern machinery from Germany, Italy, Singapore and China. This innovative technology created a safer and more sustainable building environment, making us stand out from the the competitive industry. In addition, it also promotes technology transfer and innovation. We have hired more than 300 locals to undergo the trainings of management and operation of the plant.”
“We have invested nearly RM 20 billion, created more than 1,500 jobs, including more than 80% of local employees in Malaysia, and created more than 9,200 jobs for the upstream and downstream industries. In addition, we have established cooperative relationship with over 150 local contractors and suppliers. We aim to make the business here bigger and stronger!”