2015 - PELAN PEMBANGUNAN LEMBAH CHUPING

Chuping Valley Development Plan

2.1.3 What is the average length of the collaborations? (please tick the
relevant boxes, and fill in the number of months)

Internships/ Industrial Experience Programmes (
Months)

Joint Research and Development (R&D) Efforts (
Months)

Outsourced R&D Function (
Months)

Others (
Months)

Not Applicable

Comments:

2.1.4 Which of the following have collaborations been most successful in
addressing? (Please rank the top 3; with 3 indicating the most
important and 1 indicating the least important)
Improving graduate employability (e.g. increased industry
experience)
Contributing towards product innovations
Improving knowledge sharing between institutions (IHL and firm,
IHL and IHL)
Providing relevant human resources (pre and post graduation)

Not Applicable
Others:

Comments:

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2.1.5 What types of government initiatives/incentives have been effective in

aiding collaborative efforts? (Please rank the top 3; with 3 indicating
the most important and 1 indicating the least important)

Funding provided to IHLs (loans/grants)
Funding provided to students (loans/grants to ensure supply of
students)
Tax incentives (e.g. for R&D initiatives)
Provision of work spaces (with built-in facilities)
Not Applicable
Others:

Comments:

Section 3: Overall Feedback
The purpose of this section is to obtain feedback, in terms of key success
factors, for industry-IHL; IHL-IHL collaborations.

3.1 What are the main issues and challenges hindering collaborative
efforts? (Please rank the top 3; with 3 indicating the most important
and 1 indicating the least important)
Locating potential collaborators (IHL, relevant firms), including
matching supply of human capital to the demand for human capital
Difficulty in obtaining adequate financing
Internal processes of your IHL/firm (administrative issues)
Others:

Comments:

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3.2 Which of the following factors would you consider when selecting the

location of your IHL/firm? (Please rank the top 3; with 3 indicating the
most important and 1 indicating the least important).

Level of human capital in the area (i.e. quantity and quality of IHLs
in the area)
Stable infrastructure (e.g. transport, electrical supply, water
supply)
Readily available work spaces in the area (e.g. facilities with built-
in basic equipment)
Liveability factors (satisfactory standard of living e.g. suitable
amount of F&B outlets in relatively close proximity)
Clustering of relevant IHLs/firms in the area
Others:
Comments:

- This space intentionally left blank -

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Appendix 6: Survey Results – Focus Group Discussion

Introduction

A focus group discussion was conducted on the 4th of March 2015 at the
Georgetown City Hotel in Penang to determine the viability of Lembah
Chuping’s concept. Attendees included representatives from the government,
private sector and institutions of higher learning (IHL) (Table 29). A
questionnaire was given to private sector (Sections 1, 2, 3 and 4) and IHL
representatives (Section 5), after which results were analysed and discussed
with participants6. The purpose of this questionnaire was to validate desktop
research findings on the viability of Lembah Chuping‘s concept; the feasibility
of developing proposed industries in Lembah Chuping, and whether Lembah
Chuping possesses the necessary resources to support these industries.

Table 11.5: Focus Group Discussion (FGD) Attendees

Government Private Sector Academia

Halal Industry Development SilTERRA Malaysia Sdn Universiti Kebangsaan
Corporation Bhd Malaysia (UKM) – Pusat
Pengurusan Penyelidikan dan

Instrumentasi (CRIM)

Kementerian Tenaga, Everise Crimson (M) Sdn Universiti Malaya (UM)
Teknologi Hijau dan Air Bhd

(KeTTHA)

Ministry of International KEFI (M) Sdn Bhd Universiti Teknologi MARA
Trade and Industry (MITI) (UiTM)

Penang

Kementerian Sains, Malaysia-Thai Business Monash University Kuala
Teknologi dan Inovasi Council Lumpur

(MOSTI)

Northern Corridor Uniplaster Sdn Bhd
Implementation Authority

(NCIA)

Unit Perancang Ekonomi SME Seberang Perai
Negeri (UPEN) Perlis

Sustainable Energy Indonesia-Malaysia-
Development Authority Thailand Growth Triangle

(SEDA) (IMT-GT)

SIRIM Berhad Chuping Valley Sdn Bhd

Malaysian Investment Japanese Consul - Penang
Development Authority
(MIDA) Kedah & Perlis

Malaysian Investment
Development Authority
(MIDA) Kuala Lumpur

6 Government representatives were not asked to complete a survey, but were only asked to respond to
findings

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Five (5) areas were covered in the questionnaire as below:
Section 1: Industry Outlook and Support
Section 2: Human Capital Requirements
Section 3: Supporting Government Initiatives
Section 4: Industry Views on Green Manufacturing Processes
Section 5: Industry-Academia Collaboration

Scoring System Methodology: Focus Group Scores
For certain questions, participants were asked to rank factors according to
their level of relative importance; with “3” indicating the most important factor
and “1” indicating the least important factor (Step 1). Based on number of
times each factor obtains a specific ranking, the factor is weighted based on
its relative importance; after which each factor is given a score (Step 2). This
report shows survey results in a graphical format (Step 3). The example
below reflects the above methodology for a sample size of three (3)
participants (Figure 107).

Step 1

Which factors influence your business’ decision to re-locate facilities? (Please rank the top 3;
w ith 3 indicating the most important and 1 indicating the least important)

1 Cost of Land

3 Proximity to Target M arket

Livability of Surrounding Area

2 Proximity to Value Chain Support

Figure 11.8: Survey Scoring Methodology – Sample Question (Step 1)

Step 2

Question Score Participants 3
1 12 2
Example 2 11 3
3 43 1
22

# of ti me s # of ti mes # of ti mes Score wi th Score wi th Score wi th Total Score (Sum

Ques ti on No. Fa ctors ra nked 1 (A) ra nked 2 (B) ra nked 3 (C) We i ghta ge Wei ghta ge Wei ghta ge of Scores wi th
Example
(Ax1) (Bx2) (Cx3) We i ghta ge )

1 Cost of Land 2 0 1 20 3 5
Proximity to Target 1 0 7
0 2 2 10 6 4
2 Market 0 1 2
Liveabi lity of 0 04 0

3 Surrounding Area 0 02 0
Proximity to Val ue

4 Chai n Support

Figure 11.9: Survey Scoring Methodology (Step 2)

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Step 3

Figure 11.10: Survey Scoring Methodology (Step 3)

Participant Profiles
The purpose of this section is to determine the characteristics of survey
participants. Within the private sector, there were a total of 9 survey
participants with a response rate of 67%7. Within academia, there were 6
participants (multiple representatives from UKM) with a response rate of
83%8.
Private Sector Participants

Figure 11.11: Private Sector Participant Profile

7 Select participants filled out the survey incorrectly, and/or were not present for the duration of the focus
group
8 Select participants filled out the survey incorrectly, and/or were not present for the duration of the focus
group

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Findings from the Private Sector revealed that:

50% of participants engaged in Green processes across the value
chain; whereas 33% only undertook Green processes in relation to
‘Manufacturing’
50% of participants had a sales turnover between RM 300,000 and
RM 25 million, with 33% of firms earning less than RM 300,000 and
17% of firms earning more than RM 75 million
50% of participants had between 5 and 75 employees, while 33% had
more than 200; 83% of participants can be classified as small and
medium firms9
50% of participants had manufacturing facilities between 0 and 10
acres.

Institutions of Higher Learning (IHLs)

Top Areas of Academic Study

Participant Medicin Engineerin Business Computer & Applied
s e g
Managemen Mathematica Scienc

t l Science e

IHL 1 x x x

IHL 2 x x x

IHL 3 x xx

IHL 4 x x x

IHL 5 xx x

TOTAL 3 4 3 14

Figure 11.12: Top Areas of Academic Study - IHLs

Top areas of study among IHLs included Engineering and Applied Science.
Participants indicated that Business Management and Medicine were also
significant faculties within their institutions (in terms of the number of lecturers
and students). Furthermore, when asked about the issue of expansion, 100%
of participants indicated that they had plans of expanding their academic
facilities.

Section 1: Industry Outlook and Support

This section aims to determine relevant characteristics of private sector
participants’ firms; to help determine whether Lembah Chuping is equipped to
support the development of these industry sectors.

Industry Outlook

The purpose of this section is to assess the future performance and direction
for each participant’s industry.

9 Old SME definition

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Figure 11.13: Manufacturing Facility Expansion Plans (2015-2020)

80% of participants indicated that they had plans to expand their
manufacturing facilities in the next 5 years, however, 1 firm (20%) indicated
that it had no intentions of expanding because it is already a large industry
player occupying the majority of the industry’s market share. For firms that do
have intentions of expanding their facilities, a detailed breakdown of their
justifications are outlined below:

Participant Increased Demand from Potential for New Product
Current Sectors Line(s)

Domestic International Domestic International

Private Sector x x xx
Participant 1

Private Sector x x xx
Participant 2

Private Sector x x xx
Participant 3

Private Sector xx
Participant 4

Table 11.6: Justifications for Expansion

Figure 11.14: Significant Industry Issues and Challenges

Findings indicate that the top three (3) challenges faced across all industries
surveyed are:

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Difficulty in obtaining financing
Volatile cost of materials
Rising materials transport costs

Required Industry Support

This section aims to assess the industries and infrastructure required to
support each participants’ industry; hence determining if Lembah Chuping
possesses the necessary infrastructure to support participant business
operations. Supporting industries will be defined as industries that
provide inputs for innovation or contribute to any part of the value
chain.

Figure 11.15: Support Requirements Essential to Business Operations

The figure above shows that utility supply and the presence of financial
institutions are the two (2) most significant business operation-based
requirements across all participants. These are followed by transport
infrastructure, telecom infrastructure and raw materials; with the lowest score
given to research institutions.

Figure 11.16: Factors Considered When Selecting Location of Business
Operations

When looking at general factors considered when selecting a location for
business operations, the two (2) most significant factors are the availability
of human capital and transport infrastructure; both achieving scores of 8.
Less significant factors are manufacturing inputs and support industries, with
the location of target markets being the least important factor; achieving a
score of 2.

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Figure 11.17: Required Value Chain Support

The most important forms of value chain support were deemed to be logistics
providers and sales/distribution services; scoring 10 and 7 respectively. Less
important supporting functions were R&D institutions, maintenance providers
and marketing agencies, with product testing services proving to be the least
significant function.
Industrial Park Operating Model
The purpose of this section is to determine the industrial park support
required by private sector participants.

Figure 11.18: Services Required from an Industrial Park

Comprehensive infrastructure and incentives for tenants are the services
most in demand by participants from an industrial park; earning scores of 10.
Industry-academia collaboration, talent sourcing and licensing support were
deemed less significant – achieving scores of 5, 3 and 2 respectively.
Section 2: Human Capital Requirements
The purpose of this section is to determine the human capital requirements of
players in the private sector; characteristics of employed graduates (with
emphasis on the educational background), and talent-related issues
encountered by firms.

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Figure 11.19: Top Areas of Study – Graduates with a Tertiary Level of
Education

Based on the figure above, the top three (3) graduate academic backgrounds
among surveyed participants are:

Engineering, Manufacturing and Construction
Science, Mathematics & Computing
Agriculture & Veterinary

Figure 11.20: Top Challenges in Meeting Human Capital Requirements

The findings above show that a lack of industry experience is the main
challenge faced by firms when hiring talent (with a score of 14); followed
closely by issues with obtaining and/or retaining human talent. Given their
low scores, language skills and skill mismatch do not seem to be significant
issues.

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Figure 11.21: Workforce Characteristics (average) – Level of Education and
Nationality

On average10, 68.5% of participant workforces have a Tertiary level of
education, 20.8% have a secondary level and 10.7% have a primary level.
Using a similar method, analysis showed that the composition of participant
workforces were 85.6% local (with foreigners making up 14.4%).
Furthermore, none of the private sector participants indicated that they were
facing any labour restrictions with regards to the hiring of foreign workers.

Section 3: Supporting Government Initiatives
This section aims to gage the general level of government support being
provided to private sector participants (General Support), while also
determining the extent to which green technology has been incorporated into
industry operations (The Adoption of Green Technology); by assessing the
effectiveness of green technology focused government initiatives.

General Support

Figure 11.22: Percentage of Participants Currently Supported by Government
Initiatives

10 KPMG analysis, average across individual responses provided by participants

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67% of participants are currently not supported by government initiatives.
Within the 33% that are supported, support is provided in the form of funding,
tax incentives and knowledge sharing support11.

The Adoption of Green Technology

Participants were asked to comment on the effectiveness of government
policies promoting green technology using the scale below:

12 3 45

Very Ineffective Ineffective Neutral Effective Very Effective

Table 11.8: Effectiveness of Government Policies (Green Technology)

Green Technology Focused Government
Policies

Participants National Green Green Tax
Tech Policy Technology Incentive
2009 Financing
s
Scheme

Private Sector Participant Don’t Know Don’t Know 4
1

Private Sector Participant Don’t Know Don’t Know 3.5
2

Private Sector Participant 3 13
3

Generally, participants were unaware of the effects of the National Green
Tech Policy (2009) and the Green Technology Financing Scheme apart from
Private Sector Participant 3; who gave the National Green Tech Policy and
the Green Technology Financing Scheme scores of 3 and 1 respectively.
Participants seemed to be familiar with the effects of tax incentives; earning
an average score of 3.5. However, when asked to comment generally on
why certain policies were ineffective, and how policies could be improved,
only two (2) participants provided input:

11 KPMG Analysis

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Table 11.9: Ineffectiveness of Certain Policies & Methods

Participant Why were certain policies How could policies
effective/ineffective? be improved?

Private Sector The Feed-in-Tariff policy in Funding should be
Participant 2
general has been poorly provided based on

executed since its inception merit, not on quotas

Currently the Green In general, the
Technology Financing Scheme
Private Sector (GTFS) only provides government should
Participant 3 assessment services; actual
funding is provided by another focus on nurturing
organisation
specific Green

industries

Section 4: Industry Views on Green Manufacturing Processes

This section aims to determine the extent to which green manufacturing
processes (if any) are adopted by private sector participants; a Green
Manufacturing Process will be defined as per Figure 1 (Draft Final
Report).

Figure 11.23: Green Processes – Trends & Uses along the Value Chain

While 50% of participants indicated that there had not or they were unaware
of an increase in the adoption of green processes within their industry, the
other 50% indicated that they had observed an increase; among these

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participants a further 50% indicated that green processes could be used
within their R&D functions.

Figure 11.24: Main Factors Facilitating the Adoption of Green Processes

Government initiatives are deemed to be the main factor facilitating the
adoption of green processes among participants; followed by consumer
demand and cost savings12.

Figure 11.25: Barriers to the Adoption of Green Processes

Among barriers to the adoption of green processes, participants have
indicated that high costs are the most inhibiting factor (with a score of 9),
followed by the lack of awareness, and the risk associated with new
technology. Based on results, a lack of qualified human capital is not a
significant issue faced by participants when considering the adoption of green
processes.

12 Participants that indicated ‘Others’ did not specify additional factors to the ones provided
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Section 5: Industry-Academia Collaboration
The purpose of this section is to assess R&D/human capital development
collaborations between Institutions of Higher Learning (IHLs) and companies,
and intra-facility collaboration (between IHLs) - this section was designed to
be answered by both private sector and IHL participants. Response rates
from private sector participants dropped to 33% for this section13, while
academic participation remained at 83%.

Figure 11.26: Composition of Collaboration Partners – IHLs & Private Sector
Participants

Among IHL participants, 50% of collaboration is with firms, while 42% is with
other IHLs and 8% focused on engaging with community-based
organisations. Among private sector participants however, an equal number
of firms (33%) collaborated with firms and IHLs, while the remaining 33%
indicated a lack of collaboration; selecting ‘N/A’.

Figure 11.27: Commonly Undertaken Collaborations- IHLs and Private Sector
Participants

13 Select private sector participants answered relevant questions incorrectly, or did not answer at all.
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Among both private and public sector participants, the most common
collaboration undertaken seems to be joint R&D efforts; with a score of 19.
This is followed by internships, and the outsourcing of an R&D function.

Figure 11.28: Average Durations of Collaborations

The figure above shows the average length of collaborations among both IHL
and private sector participants. In general, collaborations were judged to have
lasted longer among IHLs:

Internships on average last 4.8 months among IHLs, and 1.5 months
within the private sector.
Joint R&D efforts last 21.6 months among IHLs, and 15 months
among private sector participants.
The outsourcing of an R&D function lasts 16 months among IHLs, and
3 months among private sector participants

Figure 11.29: Results of Collaborative Efforts

The most significant results of collaborations between IHLs and the private
sector are product innovations and the improvement of knowledge
sharing; scoring 16 and 14 respectively. Scores for graduate employability
and the provision of relevant human resources indicate that these were not
commonly seen results among IHL and private sector participants.

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Figure 11.30: Effective Government Initiatives in Facilitating Collaborative
Efforts

Various forms of government funding are still seen as the major forces driving
collaborative efforts; with funding provided to IHLs and students scoring
16 and 12 respectively. Relative to financial support from the government, tax
incentives and the provision of work spaces (with built in facilities) are
deemed less significant.
Overall Feedback
The purpose of this section is to obtain feedback, in terms of key success
factors, for industry-IHL and IHL-IHL collaborations.

Figure 11.31: Main Challenges Hindering Collaborative Efforts

Key issues hindering collaborative efforts among IHL and private sector
participants are a lack of adequate financing and locating potential
collaborators. Participants did not indicate that internal processes were a
major hindering factor14.

14 Although ‘Others’ was chosen as an option by some participants, no additional factors/comments were
specified by these participants

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Figure 11.32: Factors Considered When Selecting the Location for an IHL/ Firm

The main concern among participants when selecting the location of their
establishment was the availability of stable infrastructure; earning the top
score of 15. Other relevant factors could be the level of human capital and
the liveability of the area, however, factors of the least importance among
participants were the availability of readily available work spaces, and the
proximity to IHL clusters.

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Appendix 7: Potential Investors Analysis
Potential Investors in the Solar Energy Sector:

Solar Energy Firms

Origin Upstream Midstream Downstream Present
in MY

R&D + Construction/ End Product
Design/ Installation Supply/ After
Component
Supply Sales

Tokoyuma JP

Solar Frontier JP

Honda JP

Red Solar MY/US

SolarWorld DE

CanadianSolar CA
Conergy DE

DelSolar TW

Evergreen CN
Solar

GT Advanced US
Technologies

JinkoSolar US

JA Solar CN

Solarwatt DE

Allterra Solar US

Q-Cells Solar DE

First Solar US
US
AUO
SunPower

Panasonic JP

EQ Solar CN

Solexel US

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Please find a more detailed analysis of the listed companies below.

Note: The description for the detailed company analysis contains a mixture of
information obtained from company websites, as well as some analysis conducted by
KPMG. As such, KPMG will not be held accountable for the accuracy or
completeness of the information provided in this appendix.

Tokoyuma http://www.tokuyama.com.my/
Website Production
Sector Green energy generation - upstream
Industry
Cluster Tokuyama Corporation (JPN) has established a wholly
Lembah owned subsidiary, Tokuyama Malaysia Sdn. Bhd., and is
Chuping currently constructing two production plants located in the
Description Samalaju Industrial Park in Sarawak, Malaysia.

Financials Through the Malaysia Project, Tokuyama Corporation
aims to promote the worldwide adoption of solar power
Analysis generation, which has raised expectations as a clean and
renewable energy source.

The company manufactures polycrystalline silicon
(polysilicon) which is used in the production of solar cells.

By manufacturing polysilicon in Malaysia, the company
aims to promote the worldwide adoption of solar power
generation

(In ¥ billions) Q3 FY2013 YTD Q3 FY2014 YTD

Net sales ¥207.9 ¥222.0

Operating income ¥12.5 ¥15.8

Net income/loss ¥7.4 (¥78.8)

The company is active in the green technology market

Through their end-product the company contributes to
greener world

The company does not explicitly state on its corporate
website that they have policies to reduce the energy
consumption, recycling of their products, waste reduction,
etc. of their production process.

The company is present in Malaysia. This could be a
potential barrier to relocate to Perlis. In addition, in the
beginning of 2014, they finalised the construction of their
second plant, also in Sarawak. This could lower the
chance they will open a third plant in Lembah Chuping.
However, on the other hand, this is an indication that they
are familiar with the Malaysian market and business
environment which could lower the barrier to invest in
Lembah Chuping.

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Solar Frontier

Website http://www.solar-frontier.com/eng/
Sector
Industry Solar power (R&D, manufacturing)
Cluster
Lembah Green energy generation – upstream/ midstream/ downstream
Chuping
Description Solar Frontier K.K. is a 100% subsidiary of Showa Shell
Sekiyu K.K. (listed on the Tokyo Stock Exchange).
Financials Solar Frontier is the world’s largest provider of CIS solar
Analysis energy solutions. Their expertise covers the entire solar
energy value chain, from pioneering next-generation CIS
modules through to gigawatt-scale production and
independent power production.
Solar Frontier works with global companies to develop,
build, and sell ground- and roof-mounted CIS photovoltaic
systems.

Solar Frontier’s financial statements are consolidated under
Showa Shell Sekiyu’s Energy Solutions business.

The company is active in the green technology
market.Their experience match with the development
plans and vision for Lembah Chuping.

They are active in the whole value chain.

The company is currently not present in Malaysia, this
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s
law and regulation, culture, etc.

The company has close ties to Shell. Shell owns 35 per
cent of the company’s shares.

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Honda

Website http://honda.com
Sector Solar energy
Industry Green energy generation – upstream/ midstream/ downstream
Cluster
Lembah Honda is known for car manufacturing, but they are
Chuping developing next-generation technologies that will enable
Description comprehensive management of personal mobility
products and energy generation systems as well.
Financials
Honda constantly strives to utilise new and existing
Analysis technologies for the betterment of the environment. To
that end, they have embarked on the largest solar-cell
project in the United States.

Developing vehicles that use sustainable energy sources
is perhaps the ultimate direction, according to Honda.
Honda developed the first fuel-cell vehicle in the world to
be certified by both the EPA and the state of California.

Honda is also developing technologies to improve home-
energy use

(In ¥ billions) FY 2014

Net sales ¥11,842.4

Operating income ¥750.2

Net income/loss ¥574.1

Total assets ¥15,622

Next to manufacturing cars, Honda is developing solar
energy technologies, in line with the proposed industry for
Lembah Chuping.
Through their end-product the company contributes to
greener world.

Honda has plant in Alor Gajah, Melaka where they
assemble the cars. The company is thus present in the
country, but is not involved in the solar energy business in
Malaysia. The solar activities of Honda are mainly
concentrated in Japan and the US. This could be a
potential barrier to relocate to Perlis. However, on the
other hand, this is an indication that they are familiar with
the Malaysian market and business environment which
could lower the barrier to invest in Lembah Chuping.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

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The Red Solar (M) Sdn Bhd

Website http://www.redsolar.biz
Sector
Industry solar energy
Cluster
Lembah Green Energy Generation – upstream/ midstream/ downstream
Chuping
Description The Red Solar (M) Sdn Bhd ("TRS") is a Perak State
Economic Development Corporation associate company.
Financials The mission of the company is to manufacture and
Analysis distribute solar power equipment, and operate solar power
projects in Malaysia and other ASEAN member countries.

The business model involves participation across the
value chain in the solar industry: from research and
development, to manufacturing of next-generation solar
cells, distribution in home and regional territories,
providing turn-key services to operators, and operating
solar power projects.

This integrated approach is designed to be significantly
de-risked and highly beneficial to the creation of a
commercial eco-system for solar in Malaysia.

Their partner is San Jose (US) based solar company, Twin
Creeks.

There are no financial statements/information published on their
corporate website (the company is not listed)

They have experience with the Malaysia market and our
focusing on the ASEAN-region as well.

Through their end-product the company contributes to
greener world

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

The company is currently residing in Ipoh. This could be a
potential barrier to relocate to Perlis. However, on the
other hand, this is an indication that they are familiar with
the Malaysian market and business environment which
could lower the barrier to invest in Lembah Chuping.

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SolarWorld AG

Website http://www.solarworld.de
Sector Solar energy
Industry Green Energy Generation – upstream/ midstream/ downstream
Cluster
Lembah SolarWorld is a committed to a sustainable energy supply
Chuping for over 35 years. Quality is the defining feature for all of
Description their products. With a diverse range of products, they
provide tailor-made system solutions for any application.
Financials
From planning and installation, to decades of operation of
Analysis the SolarWorld solar power system, customers can rely on
their industry expertise and SolarWorld’s added value.

The company not only focuses on consumers and
installers, but also on farmers. Transforming their roof,
barns and stables into a renewable power plant.

SolarWorld is the only company in the solar industry
awarded with the “GREEN BRAND” quality seal. The
certificate is only awarded to brands which have been
proven to practice environmental sustainability.

(In EUR ‘000) FY 2013

Revenue 455,821

Profit after tax (228,300)

Total assets 931,835

The company is an experienced player in the field of solar
energy.

They not only focus on consumers, but also on farmers
which are present in the state of Perlis.

SolarWorld is focusing on sustainability and are awarded
with a green brand quality seal.

The company is not presented in Malaysia currently. They
have an office in Singapore. This could be a barrier to
invest in the country because of the lack of knowledge and
familiarisation with the country’s law and regulation,
culture, etc.

The company is not making profit over in 2013. Financial
for FY 2014 have not been published yet.

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CanadianSolar, Inc

Website http://www.canadiansolar.asia
Sector Solar energy
Industry Green Energy Generation – upstream/ midstream/ downstream
Cluster
Lembah Canadian Solar is headquartered in Ontario, Canada and
Chuping operates as global energy provider with successful
Description business subsidiaries in 18 countries on 6 continents.
They are listed on the NASDAQ.
Financials
Their largest markets include Canada, USA, Japan, China,
Analysis Germany and India. The company’s 8 wholly owned
manufacturing subsidiaries in China and Canada have 3.5
GW of solar module production capacity in 2015. They’ve
provided over 3500 customers in 90 plus countries with
more than 30 million PV modules over the past 14 years,
making them one of the leading solar companies
worldwide.

The company is involved in R&D activities as well.
Canadian Solar operates three PV research centres for
cells, modules and systems in Canada and China.
Combined more than 400 scientists, engineers and
technicians conduct research.

(In USD ‘000) FY 2013

Revenue 1,654,356

Profit after tax 31,659

Total assets 1,719,356

The company is an experienced player in the field of solar
energy.

Besides manufacturing and selling, CanadianSolar is also
involved in research activities. This suits the strategy for
Lembah Chuping.

The company is not presented in Malaysia currently. They
have an office in Singapore. This could be a barrier to
invest in the country because of the lack of knowledge and
familiarisation with the country’s law and regulation,
culture, etc.

The company is not making profit over in 2013. Financial
for FY 2014 have not been published yet.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

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Conergy

Website http://www.conergy.com
Sector
Industry Solar energy
Cluster
Lembah Green Energy Generation – downstream
Chuping
Description Conergy was founded in 1998 in Hamburg, Germany. For
the past 15 years they have been developing, planning,
Financials building, and operating solar projects the worldover from
Analysis small installations for private customers to utility scale
solar parks for companies and investors. To date they
have installed over 2.2 Gigawatts of environmentally
friendly energy.

At Conergy, they have extensive and comprehensive solar
PV solutions offering on the market.

They work together with certified partner installers.
Through their installers and sales partner network alone,
more than 1.6 GW have been sold to date.

Conergy is also a financially stable partner to our clients.
Being owned by Kawa Capital Management means they
are also able to provide financial support for many
projects.

In November 2014, they announced the planned building
of two new solar plants totaling 41MWp in the Philippines.

There are no financial statements/information published on their
corporate website (the company is not listed)

The company experienced in the solar energy industry

Besides developing, planning, building, Conergy work
together with installers and sales offices.

Through another partnership they are able to provide
financial support for projects.

The company is not present in Malaysia currently; having
an office in Singapore. This could be a barrier to invest in
the country because of the lack of knowledge and
familiarisation with the country’s law and regulation, etc.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

June 2015
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DelSolar

Website http://www.delsolarpv.com
Sector
Industry Solar energy
Cluster
Lembah Green Energy Generation – upstream
Chuping
Description Founded in 2004 in the Hsinchu Science Park in Taiwan,
DelSolar is dedicated to the research, development, and
Financials production of high-quality solar cells, modules, and PV
Analysis systems. The company strives to become the world's
leading solar supplier through continuous innovation,
outstanding production processes, high yield rates, and
world-class product efficiency.

Through strong commitment in R&D, DelSolar has made
significant breakthroughs in product performance and
quality. The company’s solar cells feature a low
temperature coefficient, which help the cells be less
susceptible to light-induced degradation or module hot
spot risk. With a world-class R&D team, DelSloar has
been consistently improving from in-house integration of
its production lines to on-site refinement of fabrication
processes.

In May 2012, DelSolar receives Carbon Footprint
verification of solar cell and module products.

There are no financial statements/information published on their
corporate website (the company is not listed)

The company is an experienced player in the field of solar
energy

DelSolar is strongly committed to R&D activities which is in
line with the vision for Lembah Chuping.

The company is currently not present in Malaysia, this
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s
law and regulation, culture, etc.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

June 2015
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Evergreen Solar (China) Ltd.

Website http://www.evergreensolar.com
Sector
Industry Solar energy
Cluster
Lembah Green Energy Generation – upstream
Chuping
Description Evergreen Solar (China) was founded in 2009 and is
located in East Lake High-tech Development Zone, Hubei
Financials Province. It is a high-tech enterprise which specialising in
Analysis wafers, cells and modules manufacture and the
development, production and marketing of Solar Power
System.

Their products are sold to solar manufacturers worldwide,
who then assemble and integrate solar cells into modules
and systems that convert sunlight into electricity for
residential, commercial, and utility-scale power generation.

Evergreen Solar’s product concept is “More electricity less
impact”. They are committed to creating sustained value by
producing high quality solar products and technologies that
efficiently and economically harness the world's sunlight.

There are no financial statements/information published on their
corporate website (the company is not listed)

The company is an experienced player in the field of solar
energy.

Evergreen Solar is committed to creating sustained value
through their end-product, which is in line with the vision
for Lembah Chuping.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

The company is currently not present in Malaysia, this
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s
law and regulation, culture, etc.

The company, at the moment, only has a plant in China.
They therefore do not have experience with investing
overseas.

June 2015
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GT Advanced Technologies, Inc.

Website http://www.gtat.com
Sector Solar energy
Industry LED manufacturing
Cluster Green Energy Generation – upstream
Lembah Green Building Materials
Chuping
Description GT Advanced Technologies worldwide headquarters is
located in Merrimack, New Hampshire (US). Their
Financials worldwide operations headquarters is located in Hong
Kong.
Analysis
GT Advanced Technologies is a diversified technology
company producing advanced materials and innovative
crystal growth equipment for the global electronics, solar
and LED industries.

Their expanding foundation of products reflects their
strategic commitment to driving growth opportunities for
the company and in their continued investment in R&D.

GT's polysilicon and PV business unit is based in
Missoula, Montana (US) and our sapphire materials
business is based in Salem, Massachusetts (US).

(In USD ‘000) FY 2013

Revenue 298,967

Profit after tax 93,047

Total assets 1,187,281

The company is an experienced player in the field of solar
energy

GT Advanced Technologies is committed to R&D which is
in line with the vision for Lembah Chuping.

The company is active in two fields which are in scope for
Lembah Chuping: solar energy and LED manufacturing.

They do not explicitly state on their website that the
company is committed to green technologies and that their
technologies are environmental friendly.

The company is currently not present in Malaysia, this
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s
law and regulation, culture, etc.

June 2015
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JinkoSolar Holdings Co., Ltd.

Website http://www.jinkosolar.com/
Sector Solar energy
Industry Green Energy Generation – upstream/ midstream/ downstream
Cluster
Lembah JinkoSolar (NYSE: JKS) is a global leader in the solar
Chuping industry. Since inception as a wafer supplier in June 2006,
Description JinkoSolar has become a leading solar module
manufacturer and supplier by moving downstream and
Financials vertically integrating critical stages of the solar power
product value chain. As they continue to leverage their
Analysis fully integrated production chain, they will continue to seek
out opportunities in emerging markets to increase our
global brand awareness

The Company distributes its solar products and sells its
solutions and services to a diversified international utility,
commercial and residential customer base in various
countries and regions.

JinkoSolar has over 13,000 employees and over 200
dedicated R&D professionals across its 11 global branch
offices; 12 global sales offices; and four productions
facilities in Jiangxi and Zhejiang Provinces, China;
Portugal ; and South Africa.

(In USD ‘000) FY 2013

Revenue 1,169,340,8

Profit after tax 31,057.3

Total assets 1,752,849.5

The company is an experienced player in the field of solar
energy.

Their green ambitions are presented in their mission
statement are in line with the vision for Lembah Chuping.

Next to manufacturing, they focus on R&D as well.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

The company is not presented in Malaysia currently, but
has a branch office in Singapore. This could be a barrier to
invest in the country because of the lack of knowledge and
familiarisation with the country’s law and regulation,
culture, etc.

June 2015
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JA Solar Holding Co., Ltd.

Website http://www.jasolar.com/
Sector Solar energy
Industry Green Energy Generation – upstream/ midstream/ downstream
Cluster
Lembah JA Solar Holdings Co., Ltd. is a world-leading
Chuping manufacturer of high-performance solar power products
Description that convert sunlight into electricity for residential,
commercial, and utility-scale power generation. The
Financials company is committed to develop and provide the world
with clean and renewable energy to ease the energy
shortages as well as human kind’s impact on the
environment.

The company is headquartered in Shanghai, China. The
company has factories in China and offices in the US,
Germany, Japan and South Africa.

JA Solar was founded in 2005, and was publicly listed on
NASDAQ in 2007.

JA Solar has an annual solar cell production capacity of
2.5G W, an annual module production capacity of 1.8 GW
, and an annual wafer production capacity of 1.0 GW.

JA Solar’s R&D team is committed to the research and
development of next generation PV technologies to further
reduce PV module cost and significantly enhance energy
conversion efficiency, and to maintain our leading position
in the market in terms of economic efficiency and
environmental protection.

(In USD ‘000) FY 2013

Revenue 1,187,000

Profit after tax 126,000

Total assets 1,963,000

Analysis The company is an experienced player in the field of solar
energy

Their commitment to R&D and significantly enhance
energy conversion efficiency is in line with the vision for
Lembah Chuping.

The company is currently not present in Malaysia, this
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s
law and regulation, culture, etc.

June 2015
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Solarwatt GmbH

Website http://www.solarwatt.de

Sector Solar energy

Industry Green Energy Generation – upstream
Cluster
Lembah
Chuping

Description With nearly 20 years of production experience under its
belt, SOLARWATT GmbH ranks among the pioneers of
the German solar-energy industry. What started in 1993
as a two-person company is now one of the nation's
leading manufacturers of solar modules – a provider of
intelligent energy solutions for both private and
commercial uses.

Solarwatt do not install the modules themselves. Solarwatt
has a growing network expert installers throughout
Europe. They provide advice, design and installation
services for private, commercial and for farming uses.

Financials There are no financial statements/information published on their
corporate website (the company is not listed)

Analysis The company is an experienced player in the field of solar
energy

Through their end-product the company contributes to
greener world

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

The company is currently not present in Malaysia, this
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s
law and regulation, culture, etc.

June 2015
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Allterra Solar

Website http://www.allterrasolar.com/
Sector
Industry Solar energy
Cluster
Lembah Green Energy Generation – downstream
Chuping
Description Founded in Santa Cruz (US) in 2004, Allterra has been
providing environmental engineering and construction
Financials services for 10-years. Allterra Solar’s team is comprised of
Analysis a vetted experienced solar builders. Their team has
thousands of installations under our belt. From
commercial projects that require engineered carports to
homeowners looking for a way to save on monthly
electricity costs.

Allterra Solar is a fully licensed and insured engineering
and construction firm. Their clients are both consumers
and businesses.

Allterra Solar sources materials and services from locally
owned businesses. They believe supporting locally owned
small businesses is key to our central coast economy and
job growth.

There are no financial statements/information published on their
corporate website (the company is not listed)

The company is an experienced player in the field of solar
energy.

Their aim is to make use of locally owned businesses.

Through their end-product the company contributes to
greener world

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

The company is not presented in Malaysia currently, but
are only located in California, US. This could be a barrier
to go and invest overseas, because of the lack of
knowledge and familiarisation with Malaysia’s law and
regulation, culture, etc.

* The companies mentioned in the Interim Report as current players in the Malaysian
solar industry (Q-Cells Solar, First Solar, AUO SunPower, Panasonic and EQ Solar)
are not included in this Appendix.

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Potential Investors in the Other Green Energy Generation:

Other Green Energy Generating Firms

Origin Industry Present in
MY

Vyncke BE Design and building of green energy
plants on biomass

IRIS MY Design, development, manufacturing
Corporation renewable energy plants

Amersco US Design and building of green energy
plants on biomass

ReEnergy US Operation of biomass and wood waste
energy plants.

Abengoa ES Solar-thermal plants, biofuels plants
and water infrastructure

- This space intentionally left blank -

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Please find a more detailed analysis of the listed companies below.

Vyncke http://www.vyncke.com/
Website
Sector Green energy plants
Industry
Cluster Green energy generation
Lembah
Chuping VYNCKE is a 4th generation global family business with
Description its roots in Flanders (Belgium). They design and build
energy plants that produce green and clean energy
Financials burning biomass to produce thermal energy from 1 to 100
Analysis MWth and possible electrical output from 0,5 to 15 MWe.
These plants come in the form of steam boilers, hot water
heaters, etc.

They have been implementing successfully green energy
projects (biomass to power and biomass to green process
heat) within Asia-Pacific, including Malaysia.

Over 300 employees are employed at Vyncke worldwide.

There are financial statements/information published on their
corporate website (the company is not listed)

The company is active in the green technology market.
Their experience match with the development plans and
vision for Lembah Chuping.

The company is present in Malaysia. This could be a
potential barrier to relocate to Perlis. However, on the
other hand, this is an indication that they are familiar with
the Malaysian market and business environment which
could lower the barrier to invest in Lembah Chuping.

The company is a family-owned business and are not
listed on the stock market. Funding should come from
financial institutions.

June 2015
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IRIS Corporation Bhd

Website http://www.iris.com.my
Sector Design, development, manufacturing renewable energy
Industry Green Energy Generation - midstream
Cluster
Lembah IRIS came up with the world’s first electronic passport and
Chuping successfully introduced the Malaysian Electronic Passport
Description in 1998 and MyKAD in 2001. IRIS is involved in the
development and manufacture of hardware and software,
Financials professional design, construction and maintenance of
automatic watering and feeding system for agricultural and
horticultural purposes.

IRIS focuses on the environment and renewable energy
as well. Their environmentally friendly solutions include:

i) Total waste management

ii) Waste-to-energy plants

iii) Bio-gas plants

iv) Photovoltaic grid connected and off-grid systems

v) Mini-hydro facilities

vi) Solar hybrid plants for rural electrification

They deploy renewable energy installations by using
technology-driven products with a customised green
solution. The company covers all project phases including
feasibility studies, technology selection, waste-to-energy,
waste management, power generation.

They are an MSC Status company located in Technologi
Park Malaysia, Bukit Jalil, Kuala Lumpur, with a workforce
of about 700.

(In RM ‘000) FY 2014

Revenue 573,237

Profit after tax 18,635

Total assets 607,119

Analysis The department of IRIS focusing on Environment &
Renewable Energy suits the proposed industry cluster
Green Energy Generation.

Currently, they are present in Malaysia and have
experience with the Asian market; having worked with the
Malaysian Government

They are located in another technical park in Malaysia.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, etc. of the
production process.

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Amersco, Inc.

Website http://www.ameresco.com/

Sector Green energy plants

Industry Green energy generation
Cluster
Lembah Ameresco, Inc. is a leading independent provider of
Chuping comprehensive energy efficiency and renewable energy
solutions for facilities throughout North America, delivering
Description long-term value through innovative systems, strategies
and technologies. Ameresco's solutions range from
upgrades to facility's energy infrastructure to the
development, construction and operation of renewable
energy plants combined with tailored financial solutions.
The Company was founded in 2000. Ameresco has
regional offices located throughout North America.
There vision is “Energising a sustainable world.”

Financials (In USD’000) FY2013
Revenue 574,171

Profit after tax 2,414

Total assets 604,660

Analysis The company is active in the green technology market.
Their experience match with the development plans and
vision for Lembah Chuping.

The company is currently not present in Malaysia, but only
in North America. This could be a barrier to invest in the
country because of the lack of knowledge and
familiarisation with the country’s law and regulation,
culture, etc.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

June 2015
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ReEnergy Holdings LLC

Website http://www.reenergyholdings.com/
Sector
Industry Green energy plants
Cluster
Lembah Green energy generation
Chuping
Description ReEnergy Holdings LLC owns and operates facilities that
use forest-derived woody biomass and other wood waste
Financials residues to produce homegrown, renewable energy. It also
Analysis owns facilities that recycle construction and demolition
debris.

ReEnergy was formed in 2008. The company operates in
six US states, employs more than 330 people and owns
and/or operates nine energy production facilities with the
combined capacity to generate 325 megawatts of
renewable energy.

ReEnergy Holdings LLC is a portfolio company of
Riverstone Holdings LLC. Riverstone Holdings LLC is an
energy and power-focused private equity firm founded in
2000 with approximately $24 billion of equity capital raised
across seven investment funds, including the world’s
largest renewable energy fund. Riverstone conducts
buyout and growth capital investments in the midstream,
exploration & production, oilfield services, power and
renewable sectors of the energy industry.

One of ReEnergy’s primary objectives is to use cleaner,
locally sourced fuel while respecting the environment and
ensuring the sustainability of forestland.

There are financial statements/information published on their
corporate website (the company is not listed)

The company is active in the green technology market.
Their experience match with the development plans and
vision for Lembah Chuping.

One of their objectives is to use cleaner fuel.

The company is currently not present in Malaysia, but only
in North America. They are a relatively new player on the
market, the company is incorporated in 2008. This could
be a barrier to invest in the country because of the lack of
knowledge and familiarisation with the country’s law and
regulation, culture, etc.

The company does not explicitly state on its corporate
website that they have policies in place to reduce the
energy consumption, recycling of their products, waste
reduction, etc. of their production process.

June 2015
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Abengoa

Website http://www.abengoa.com/
Sector
Industry Green energy plants
Cluster
Lembah Green energy generation
Chuping
Description Abengoa applies innovative technology solutions for
sustainability in the energy and environment sectors,
Financials generating electricity from renewable resources, converting
Analysis biomass into biofuels and producing drinking water from
sea water. Abengoa’s business is structured around three
activities:

i) Engineering and construction: They are specialised in
carrying out turn-key projects for solar-thermal plants,
solar-gas hybrid plants, conventional generation plants,
biofuels plants and water infrastructures, among others.

ii) Concession-type infrastructures: This activity includes
the operation of electric (solar, cogeneration or wind)
energy generation plants and transmission lines.

iii) Industrial production: biofuels or the development of
solar technology.

Abengoa operates in more than 80 countries and has a
presence through local offices in more than 35 of them. The
company has no presence in Malaysia.

As a global sustainability-driven company, their aim is to
achieve sustainability in our processes as well.

Abengoa engages in labeling the CO2 emissions linked to
rendering its products and services

There are financial statements/information published on their
corporate website (the company is not listed)

The company is active in the green technology market.
Their experience match with the development plans and
vision for Lembah Chuping.

One of their objectives is to use cleaner fuel.

The company does explicitly state on its corporate website
that they are committed to a sustainable environment.

The company is currently not present in Malaysia. This
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s law
and regulation, culture, etc.

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Potential Investors in Green Manufacturing:
Green Manufacturing

Company Origin Industry Present in
MY

APP Timber MY Timber en veneer

PaperFoam NL Biobased packaging
solutions

Ball Corporation US Metal packaging

Ecolab Water, hygiene and
US energy technologies and

services

Sumitomo Corporation JP Various

Mitsubishi Group JP Various

Hitachi JP Various

Sharp Corporation JP Various

Philips NL Various

NEC Corporation JP IT services and products

Electrovaya CA Batteries

Johnson Controls US Batteries and Electronics

Primearth EV Energy JP Batteries

GS Yuasa JP Batteries
Corporation

Arrow Copter AT Gyrocopter

Auto Gyro DE Gyrocopter

ELA Aviación ES Gyrocopter

Rotortec DE Gyrocopter

Trixy Aviaiont DE Gyrocopter

Magni Gyro IT Gyrocopter

Celier AVIATION PL Gyrocopter

Sanyo JP E&E

Radiant Trade MY E&E

Sony Corporation JP E&E

Panasonic JP E&E

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Globetronics MY E&E
Technology
MBN DE E&E
Osram DE E&E
Versysol DE E&E
OMS HR E&E
AEG DE E&E
Cree US E&E
Luminus Devices US E&E
Tridonic AT E&E
VS Lighting Solutions DE E&E
LG Electronics KR E&E
LED Engin US E&E
Optogan RU E&E
Nichia Corporation JP E&E
Carclo Optics UK E&E
Seoul Semiconductor KR E&E
Epistar TW E&E
Phocos DE E&E
AFM Safecoat US Building materials
Ecotimber US Building materials
Khärs SE Building materials
Nature’s Carpet CA Building materials

Wageningen UR NL University and research
centre

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APP Timber

Website http://apptimber.com
Sector
Industry Timber and veneer
Cluster
Lembah Green manufacturing – raw materials/ building materials
Chuping
Description APP Timber was incorporated in 1998 to meet the
growing demand of imported sawn timber due to reduced
Financials local hardwood resources. They source imported timber
Analysis and veneers worldwide for Asian manufacturers of
furniture, doors and flooring as well for the domestic
building and architectural sectors. Their headquarters are
on the outskirts of Kuala Lumpur and they have marketing
operations in China, India, Indonesia, Malaysia, Thailand
and Vietnam.

The APP Timber group of companies employs a team of
senior managers who have 15 to 30 years' experience in
the woodworking industry.

APP Timber is today the largest Asian based supplier of
legally sourced wood from certified resources such as
FSC and PEFC. They are the only company with our own
operations in all major Asian countries

There are financial statements/information published on their
corporate website (the company is not listed)

The company is FSC and PEFC certified.

The company is already present in Malaysia and
neighbouring countries which could be a barrier to invest
in Perlis. On the other hand, this is an indication that they
are familiar with the Malaysian market and business
environment which could lower the barrier to invest in
Lembah Chuping.

APP Timber is not manufacturer, but a supplier of legally
sources wood. This does not fully meet the description of
the industry clusters as proposed. However, they could
supply investors in Lembah Chuping with materials.

June 2015
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PaperFoam (BCL Packaging Sdn
Bhd)

Website http://paperfoam.com
Sector
Industry Packaging production
Cluster
Lembah Green manufacturing – end products
Chuping
Description PaperFoam is a young and innovative packaging
company based in the Netherlands. PaperFoam has
Financials developed many distinctive and innovative packaging
Analysis solutions in a wide variety of industries like consumer
electronics, medical, cosmetics and dry foods. This highly
sustainable material is certified BioBased, compostable
and paper recyclable.

The company currently has a production facility in
Penang, Malaysia. PaperFoam is specialised in BioBased
packaging solutions with very low carbon footprint.
Companies like Nobel Biocare, Microsoft and Philips
approved PaperFoam as their sustainable packaging
supplier.

There are financial statements/information published on their
corporate website (the company is not listed)

The company matches the profile of a green manufacturer
and would therefore be suitable as a potential investor in
Lembah Chuping.

Through their end-product and production process the
company contributes to greener world.

They are already present in Penang which could be a
barrier to open a new location in Perlis or relocate. On the
other hand, this is an indication that they are familiar with
the Malaysian market and business environment which
could lower the barrier to invest in Lembah Chuping.

June 2015
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Ball Corporation

Website http://www.ball.com
Sector Packaging
Industry Green Manufacturing – Metal packaging
Cluster
Lembah Ball Corporation is a provider of metal packaging for F&B
Chuping products, aerospace and other technologies, and offers
Description services to commercial and government; employing more
than 14,500 people worldwide. Ball Corporation stock is
Financials traded on the New York Stock Exchange.

Analysis At Ball Corporation being sustainable is part of their
vision, which leverages Ball’s strengths to achieve
continued long-term success. By balancing economic,
environmental and social impacts in their decision making
and activities, they will create long-term shared value for
our stakeholders and for Ball Corporation.

In Asia, Ball is present in China. Ball Asia Pacific Limited
manufactures two-piece beverage cans and ends made of
aluminium for beer, carbonated soft drinks, fruit juices,
milk, yogurt drinks, coffee and tea, as well as plastic blow
mold and injection molded containers for oil, lube
(grease), daily care and general household products.

(In USD millions) FY 2014

Revenue 8,570

Profit after tax 470

Total assets 7,571

The company is active in the green technology market.
Their experience match with the development plans and
vision for Lembah Chuping.

Through their end-product the company contributes to
greener world.

The company is a manufacturer and being sustainable
and including the environment in their decision making
process suits the vision for Lembah Chuping.

The company is currently not present in Malaysia, this
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s
law and regulation, culture, etc.

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Ecolab http://www.ecolab.com
Website Water, hygiene and energy technologies and services
Sector Green Manufacturing
Industry
Cluster Ecolab is a global leader in water, hygiene and energy
Lembah technologies and services. Around the world, businesses
Chuping in the foodservice, food processing, hospitality,
Description healthcare, industrial, and oil and gas markets choose
Ecolab products and services to keep their environments
Financials clean and safe, operate efficiently and achieve
sustainability goals.
Analysis
On their website, the company state they operate with
respect for people and the environment. They promote
environmental stewardship through customer solutions
and their own operations.

(In USD millions) FY 2013

Revenue 13,253.4

Profit after tax 967.8

Total assets 19,636.5

The company’s business activities suits the industry
proposed for Lembah Chuping.

The company is engaged to green manufacturing and
promotes begin green throughout their organisation and to
the customers.

The company is currently not present in Malaysia, this
could be a barrier to invest in the country because of the
lack of knowledge and familiarisation with the country’s
law and regulation, culture, etc.

June 2015
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Chuping Valley Development Plan

Simutomo Corporation

Website http://www.sumitomocorp.co.jp
Sector various
Industry Green Manufacturing - various
Cluster
Lembah Sumitomo is a Japanese manufacturer founded in 1919.
Chuping Their business comprise of metal products, transportation
Description and construction systems, environment and infrastructure,
media, mineral sources, energy, chemicals and
Financials electronics.

Analysis Part of their activity guidelines is to attach great importance
to protecting the global environment.

The company states it pursues business activities to
promote environmental conservation; establishing an
Environmental Policy.

The company also states they have efforts in place:

i) To achieve a low-carbon society. Sumitomo is
committed to creating a low-carbon society by
developing a range of businesses that help reduce
greenhouse gas emissions while working to decrease
such emissions generated by its activities (e.g. by
promoting the use of renewable energies).

ii) To achieve a recycling-oriented society. Sumitomo is
working on reducing waste materials that have
environmental impacts and reusing and recycling
various resources

iii) Contributions to biodiversity conservation. Sumitomo
is taking appropriate actions to preserve the natural
environment and ecosystems and working to conserve
biodiversity through its own business activities with the
goal of fair and equitable sharing of the benefits
arising from biodiversity conservation, sustainable use
of biological resources, and the use of generic
resources.

(In ¥ billions) FY 2013

Revenue 894.4

Profit after tax 233.9

Total assets 8,668.7

In Asia, the company is headquartered in Singapore and
has an office in Malaysia. This suggests they are familiar
with the Malaysian market and business culture.

However, it could be a barrier to relocation or open another
office.

The company is committed to environmental sustainability

The company is active in various industry sectors.

June 2015
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Chuping Valley Development Plan

Mitsubishi Group

Website http://www.mitsubishi.com

Sector various

Industry Green Manufacturing - various
Cluster
Lembah The Mitsubishi Group consist of multiple companies. On
Chuping the companies is Mitsubishi Heavy Industries, which
includes these industrial companies:
Description i) Mitsubishi Motors, the sixth-largest Japan-based auto

manufacturer.
ii) Mitsubishi Atomic Industry, a nuclear power company.
iii) Mitsubishi Chemical, largest Japan-based chemicals

company
iv) Mitsubishi Power Systems, a power generation

division
v) Nikon Corporation, specializing in optics and imaging
The companies conduct their business activities
independently and even compete with each other in many
fields. But they share the same founding management
philosophy.
Regarding the green vision as expresses for Lembah
Chuping:

i) Mitsubishi Materials (MMC) has developed a new
processing technology which enables the safe and low
environmental- impact recycling of the fluorine
compounds and organic solvents contained in lithium-
ion battery (LiB) electrolyte.

ii) Mitsubishi Chemical has been engaged in the
development of solution-processed organic
photovoltaic and achieved a conversion efficiency of
11.7%, which is the world’s highest level for an organic
solar cell.

Financials (In USD millions) FY 2014

Revenue 74,128

Profit after tax 3,751

Total assets 154,380

Analysis The company states on its website that they are committed
to developing process technologies to reduce
environmental impacts

The company is active in various industry sectors.

The company doesn’t make references to having
environmentally friendly production on the corporate
website.

Mitsubishi has an office in Malaysia. This suggests they
are familiar with the Malaysian market and business
culture.

On the other hand, it could be a barrier to relocate or open
another office.

June 2015
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Chuping Valley Development Plan

Hitachi http://www.hitachi.com/
Website Various
Sector Green Manufacturing - various
Industry
Cluster Hitachi is a highly diversified Japanese company that
Lembah operates multiple business segments, including IT
Chuping Systems, Social Infrastructure, Materials & Components,
Description Financial Services, Power Systems, Electronics,
Automotive Systems, Railway & Urban Systems.
Financials
On its corporate website the company states it sharse
Analysis society's values and pursue sustainable growth by
integrating management strategies and CSR. They align
their CSR activities with their Management Plans, creating
both social and economic value.

They strive to realise a sustainable society by integrating
global social and environmental expectations with our
management through communication with stakeholders.

The company publishes an environmental and
sustainability report.

The company state they are engaged in increasing the
ratio of eco-products, recycle product resources,
preserving ecosystems as well as environmental education
and communication.

(In ¥ billions) FY 2013

Revenue 9,616,202

Profit after tax 264,975

Total assets 11,016,899

The company states on its corporate website that it is
committed to developing process technologies which have
a low impact on the environment.

The company is active in various industry sectors.

The company makes references to being green or
producing in an environmental friendly way in their mission
or vision statement on the corporate website. In addition,
they publish an environmental and sustainability report
which indicates that they are focusing on being
environmental friendly.

The company is present in Malaysia. This could be a
potential barrier to relocate to Perlis. On the other hand,
this is an indication that they are familiar with the Malaysian
market and business environment which on the other hand
could lower the barrier to invest in Lembah Chuping.

June 2015
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Chuping Valley Development Plan

Sharp Corporation

Website http://www.sharp.com.my/
Sector
Industry Various
Cluster
Lembah Green Manufacturing – various
Chuping Solar Energy
Description
Sharp’s core technologies and products include, among
Financials others, LCD panels, solar panels, mobile phones, audio-
visual entertainment equipment, air conditioners, cash
registers, , and flash memory.

Sharp encourages its employees to think green. They
promote to save water, save energy by switching of the
lights, recycle paper and reduce waste.

Being green, however, is not part of their corporate
principal ideas and is not promoted as such on their
website.

(In ¥ billions) FY 2013

Revenue 9,616,202

Profit after tax 264,975

Total assets 11,016,899

Analysis The company is active in various industry sectors.

The company make references to being green or producing
in an environmental friendly way on their corporate
website.

Although the company encourages its employees to be
green, they do not state on their website that they are
committed to developing process technologies which have
a low impact on the environment.

The company is present in Malaysia. This could be a
potential barrier to relocate to Perlis. On the other hand,
this is an indication that they are familiar with the Malaysian
market and business environment which on the other hand
could lower the barrier to invest in Lembah Chuping.

June 2015
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