Honeywell chooses Greater Kuala Lumpur to establish its ASEAN Principal Hub
Honeywell chooses Greater Kuala Lumpur to establish its ASEAN Principal Hub
Honeywell, a Fortune 100 company, is the first global company to join Malaysia’s Principal Hub initiative. Introduced in May 2015, it was introduced to attract more foreign investments into the country. As one of America’s largest conglomerate and a global innovation leader, Honeywell has chosen Greater KL to establish its ASEAN Principal Hub for Aerospace, Automation Control & Solutions (ACS) and Performance Materials & Technologies (PMT) strategic business units. This investment was a collaborative effort by InvestKL and MIDA.
With three business groups already operating in Malaysia since 1985, Honeywell’s decision to establish their Principal Hub in Greater KL gives a resounding testament to Greater KL as the optimal location for regional hub for multinational companies in Asia.
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Greater KL, an increasingly preferred location for a regional base – Download Article