# Greatech breaks ground on RM1.3B facility in Batu Kawan, Penang

Greatech Technology Berhad held a groundbreaking ceremony for a new 500,000 sq ft facility (BK IV) in Batu Kawan Industrial Park, Penang, with a total investment of approximately RM1.3 billion (RM200 million capex, RM1.1 billion opex).

- Type: Expansion
- Announced: 2023-02-28
- Where: Batu Kawan Industrial Park, Penang, Malaysia
- Value: $290.0M (1.30B MYR)
- Status: under construction
- Capacity: 500,000 square feet
- Products: automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Greatech Technology Berhad](https://endata.com/companies/68839.md)
- [Greatech Integration (M) Sdn. Bhd.](https://endata.com/companies/68841.md)

## Sources

- [investpenang.gov.my](https://investpenang.gov.my/press-release-greatech-technology-berhad-marks-major-milestone-with-rm1-3-billion-investment-in-batu-kawan-iv-bk-iv/), 2023-02-28: "Greatech will be investing approximately RM1.3 billion for this expansion with an estimated capital expenditure of RM200 million and an estimated operating expenditure of RM1.1 billion."
- [mida.gov.my](https://www.mida.gov.my/media-release/greatech-technology-berhad-marks-major-milestone-with-rm1-3-billion-investment-in-batu-kawan-iv-bk-iv/), 2023-02-28: "Greatech Technology Berhad, through its subsidiary Greatech Integration (M) Sdn. Bhd., a Malaysia-based leading automation solutions provider, organised a groundbreaking ceremony for the construction of a new facility in Penang, Malaysia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.