Kuala Lumpur: Zhejiang Jingxing Paper Joint Stock Co. Ltd’s wholly owned subsidiary, Jingxing Holdings (M) Sdn Bhd, has committed RM1.9 billion to a phase two expansion of its operations in Banting, Selangor.

According to BERNAMA News Agency, the expansion will introduce advanced manufacturing lines supported by integrated thermal power, water treatment, and wastewater management systems.

The project aims to add 600,000 metric tonnes of annual Kraft Liner production capacity, increasing the Chinese firm’s total investment in Malaysia to RM3 billion. The facility’s automation systems are expected to create 500 new jobs and generate over RM45 million in annual local operating expenditure.

The expansion is set to strengthen Malaysia’s export capabilities, with 70 percent of production earmarked for international markets. This development builds on Malaysia’s growing paper manufacturing sector, which attracted RM877.9 million in 2024, including RM578.4 million in foreign investments.

MIDA deputy chief executive officer (investment promotion and facilitation) Sivasuriyamoorthy Sundara Raja stated that Jingxing’s latest commitment aligns with national priorities to promote sustainable industrial growth. He highlighted the facility’s scale and environmental engineering, including closed-loop water treatment systems and cogeneration-based energy recovery.

Jingxing Malaysia director and deputy chairman Wang Zhiming emphasized that the company’s decision to expand was supported by Malaysia’s strategic location and continued support from federal and Selangor state governments. The new plant is expected to further strengthen the company’s product range and quality, with a focus on service efficiency, local hiring, and supply chain integration. Wang added that the company aims to drive technological innovation and build long-term partnerships in the paper industry while meeting customer expectations for sustainably produced goods.