Peikko Celebrates One Year Of Supporting Malaysia's Green Development With Eco-Friendly Construction Solutions

JOHORBAHRU,Malaysia,Nov. 7, 2024/PRNewswire/ -- Peikko Group, a leading global supplier of concrete connections and composite structures, celebrated the one-year anniversary of its Malaysian factory, reaffirming its commitment to support the country's green development goals and align itself with the nation's Green Technology Master Plan (GTMP), which is a crucial part of the Transformasi Nasional 2050 (TN50) initiative, which aims to makeMalaysiaa top country in the world for economic development, innovation, and citizen well-being by 2050.

BeyondMalaysia, the state-of-the-art facility in Johor Bahru,Southern Malaysiaserves as Peikko's manufacturing and distribution hub for the ASEAN region. This strategic and popular location for economic trade and global shipping networks enables the company to also efficiently deliver sustainable construction solutions to key markets such asSingaporeandAustralia, with future plans to expand into other Southeast Asian countries.

The factory leverages advanced precast concrete technology, a construction method known for low carbon footprint, which significantly helps developers minimise waste, reduce construction times and create buildings that are in line withMalaysia'ssustainability goals of achieving low-carbon development, resource efficiency, and sustainable urban development, as outlined in the Twelfth Malaysia Plan (2021-2025).

Through our innovative solutions, for example, in a recent project, we achieved a remarkable feat: installing a single column in just 20 minutes, including 7 minutes for quality checks and final tightening. This demonstrates a significant advancement in precast concrete technology and how it can reduce construction time and labour costs compared to traditional methods. Given thatMalaysiaand the neighbouring countries are developing economies with visionary NetZero 2050 Masterplans, our factory in Malaysia is poised to serve the right construction needs to cater the urban planning and development demands of the industry for decades to come.," saidTriaskin Dmytro, Managing Director of Peikko Southeast Asia.

"Moreover, with countries putting more emphasis on climate transition across various industries in local, regional and global levels, we believe, by utilising our advanced precast concrete technology, we can together minimise environmental impact and accelerate the sustainable urban development transition inMalaysiaand around the region,"addedDmytro.

"I have recently started as the Ambassador ofFinlandtoMalaysia, and I have just concluded my first visit outsideKuala Lumpurto the very dynamic Johor Bahru. This has been a great opportunity to see some Finnish companies active in the region. One of them is Peikko, an outstanding and renowned global supplier of concrete connections and composite structures. The company, which has only been in the region for one year, is already planning for next steps and extensions. The new dynamic of Johor Bahru, in close cooperation with neighbouringSingapore, presents many new opportunities for innovative companies. Hopefully, there will be many more to follow the lead of Peikko and other Finnish companies already present in the area,"saidAnne Vasara,Finland'sAmbassador toMalaysia, during her recent visit to Peikko's factory onNovember 5th.

"This visit has been eye-opening, showcasingJohor'srapid development and the thrivingSingapore-Johorjoint development areas like Nusajaya. It is great to see MFBC member companies, such as Peikko, progressing inJohor. This success motivates us to further promoteJohorandMalaysiato Finnish businesses,"addedJari Silventoinen - Chairman, Malaysian-Finnish Business Council.

AsMalaysiacontinues its journey towards becoming a regional leader in sustainable development, Peikko's innovative solutions offer a faster, safer, and more sustainable way to design and build. The company's one-year anniversary inMalaysiamarks a significant milestone in this journey. Additionally, 2025 will also mark the 60th anniversary of the Peikko Group, contributing to an environmentally friendly future forMalaysiaand the Southeast Asian region.

About Peikko Group

Peikko Group Corporation is a leading global supplier of slim floor structures, wind energy applications, and connection technology for precast and cast-in-situ construction. Peikko's innovative solutions offer a faster, safer, and more sustainable way to design and build. Peikko has sales offices in over 30 countries, includingAsia-Pacific,Europe,Africa, theMiddle East, andNorth America, with manufacturing operations in 12 countries. Peikko generated a turnover ofEUR 314 millionin 2022. Peikko is a family-owned and managed company that employs over 2,000 professionals. Peikko was founded in 1965 and is headquartered in Lahti,Finland. Further information:www.peikko.com. 

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SOURCE Peikko Group