PETALING JAYA: Malaysian Resources Corporation Bhd (MRCB) has officially launched a state-of-the-art production facility in Perlis for Fortune 500 company Jabil Circuit Sdn Bhd, marking the company’s first venture into the industrial property segment.
Located in the Chuping Valley Industrial Area, the 101,059 sq ft plant was developed and is owned by MRCB. Jabil will lease the facility for an initial 10-year term, with an option to extend the lease by five years.
This project represents MRCB’s maiden investment in the industrial property market, part of its broader strategy to diversify its portfolio beyond construction and property development.
The launch was officiated by the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail, who highlighted the facility’s potential to accelerate economic and industrial growth in the state.
“This is more than just a building — it is a symbol of growth, opportunity, and progress. It represents thoughtful planning, a clear vision, and a shared commitment to building a sustainable and thriving economy for Perlis,” he said.
Tuanku Syed Sirajuddin noted that US-based Jabil is the first foreign investor in the Chuping Valley Industrial Area, demonstrating the state’s growing appeal as an investment destination.
He commended the timely completion of the project in 2024, following its commencement in 2022, and attributed its success to the strong collaboration between the state government, the Northern Corridor Implementation Authority (NCIA), MRCB, and Jabil.
In a separate development, MRCB has acquired approximately four hectares of land in Perlis for the construction of a custom-built industrial facility, aimed at further spurring economic development in the region.