MALAYSIA: RAMLY GROUP BUILDING RM1B FACILITY IN KLANG
Kuala Lumpur, 13 Dhul qa’dah 1436/28 Agustus 2015 (MINA) – Ramli Food Industries, a subsidiary of Ramly Group, is investing RM1 billion in a new processing facility to boost its export market capacity.
The Ramly Production Complex also aims to supply the local market with the group’s various products and outlets – including Ramly Halal Mart, Ramly Halal Kiosks and burger boys nationwide.
Set to be completed by the end of 2017, the construction of the complex would be completed in three phases, Halal Focus quoted by Mi’raj Islamic News Agency (MINA) as reporting
“The first phase covers 14 acres and will have a six-line production, involving a total investment of RM500 million. This six-line capacity is six times our existing factory output,” said Ramly Group founder Datuk Ramly Mokni today.
“For starters, three production lines will be set up with an investment of RM320 million and this will triple the capacity of the current factory.”
Ramly Group today signed a syndicated financial deal with Agro Bank and Bank Pembangunan worth RM274 million to fund the first phase of the complex, which will be built at the Halal Hub Industrial Park at Pulau Indah, Klang.
The signing ceremony was witnessed by Agriculture and Agro-based Industries Minister Datuk Seri Shabery Cheek.
The second phase of the complex would be the construction of a storage depot of six acres with an investment of RM100 million, where as the third phase would be the addition of a training centre, research and development centre and food processing plant as wide as two acres.
The third phase will see an investment of RM300 million to RM400 million.
“The construction at Pulau Indah has already commenced. With the first phase we have three (production) lines. One line’s capacity is five tonnes so we will later be able to produce 15 tonnes,” said Ramly..
He expressed hope that the first phase, when completed, will triple the firm’s profit of RM80 million charted last year. (T/P010/R04)
Mi’raj Islamic News Agency (MINA)
