Swift Bridge Technologies Launches Its New Centre of Excellence In Conjunction With 10th Anniversary

PULAU PINANG, MALAYSIA, October 8, 2022 /EINPresswire.com/ — Swift Bridge Technologies (M) Sdn. Bhd. (Swift Bridge Technologies), a Malaysian-based firm specializing in designing, growing and manufacturing of High Precision Radio Frequency (RF) Coaxial Test Cable Solutions and electrical automobile (EV) automotive wire harness, introduced the institution of its new Centre of Excellence (CoE) together with the corporate’s 10th Anniversary this 12 months.

With a complete funding of RM10 million capital expenditure, the brand new facility of 10,000 sq. ft is provided with design, analysis and growth, and check lab services; and options the brand new 125GHz vector community analyser (VNA) check machine for design, analysis and growth (R&D) actions. The institution of the brand new CoE additionally goals to broaden the corporate’s current business to different potential new markets reminiscent of Germany and is predicted to recruit a further of 20 RF Engineers inside the state.

Swift Bridge Technologies’ CoE was inaugurated by Y.A.B. Tuan Chow Kon Yeow, Chief Minister of Penang. The ceremony was additionally attended by Mr SK Chong, Group Managing Director, Swift Bridge Technologies, Y.B. Dato Haji Abdul Halim bin Haji Hussain, EXCO for Trade and Industry, Entrepreneur Development, Dato Abdul Latif Hj Abu Seman, Director General Malaysia Productivity Corporation (MPC), Encik Muhd Ghaddaffi, Director MIDA Penang, Puan Saudah Mat Isa, Director Matrade Penang, Puan Nurul Zahirah Ayob, Director SME Corp Penang, Dato Seri Wong Siew Hai, President MSIA, and Dato Seri Dr Ooi Eng Hock, Chairman 88Captains.

Y.A.B. Tuan Chow Kon Yeow, Chief Minister of Penang congratulated Swift Bridge Technologies on their nice efforts and remarked, “The state government will continue to play its role in empowering the growth of our local SMEs, through various initiatives such as the SME Village, Smart Centre, Seed Capital Fund, Penang SME Go Digital campaign and more.”

“It is envisaged that such initiatives will catapult SMEs such as Swift Bridge Technologies to greater heights while also contributing significantly to Penang’s economic growth, in line with the state’s Penang2030 vision of becoming “A Family-Focused Green and Smart State that Inspires the Nation.”, he added.

Datuk Wira Arham Abdul Rahman, Chief Executive Officer of MIDA responded positively, “Swift Bridge Technologies’ expansion from the manufacturing activity to CoE, exhibits the capability of Malaysian company towards producing high value-added and complex products. As the company thrives in making its way to the wider industrial ecosystem, other local companies are encouraged to leverage on Swift Bridge Technologies’ expertise through knowledge and technology transfer which in turn, will assist in developing market-ready talent and contributing to the employability of the country.”

“The establishment of this CoE is not only crucial for Malaysia’s economic growth but will also stimulate innovation and increase productivity in the country’s development of advanced technologies in the RF industry. It further affirms the Malaysian home-grown capabilities and talent in design, development and research activities while also aligning with the nation’s sustainable investment agenda by focusing on intensifying its research and development (R&D) which is an integral ingredient of Malaysia’s overall development strategy,” he added.

During the launching, Swift Bridge Technologies has additionally exchanged a Memorandum of Agreements (MoAs) with two firms particularly Angkasa-X Innovation Sdn. Bhd., and Eclimo Sdn. Bhd. The formalised partnerships are anticipated to probably generate a income of RM25 million to the corporate over the subsequent 5 years.

Pledging their dedication to the expansion of Malaysian electrical and electronics (E&E) business by constantly creating revolutionary options for the development in connectivity expertise, the corporate’s strategic plan specializing in R&D permits them to enhance the sustainability of its business operations in the long term. Swift Bridge Technologies will proceed offering an entire answer from idea to manufacturing to their prospects. This consists of the personalized meeting that helps check and measurements, automotive, vitality, industrial automation, and cuts throughout the E&E business in numerous nations such because the United States of America, Canada, India and South-East Asia.

Ms. Noor Suziyanti Saad
Malaysian Investment Development Authority
+60 3-2267 3575
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