Frencken to build new $63m manufacturing facility in Kaki Bukit
The site will be built on a plot of land leased from JTC Corporation to its subsidiary ETLA.
Semiconductor company Frencken will invest $63m to build a new five-storey manufacturing facility in Kaki Bukit.
The site will be built on a plot of land leased from JTC Corporation to its subsidiary ETLA for 33 years, starting 18 August.
As part of the lease agreement with JTC, ETLA has to invest at least $19.5m, of which $13.3m must be spent on new plant and machinery.
The new facility will expand its production resources to support existing and new programmes, as well as strengthen its position with key customers in the coming years, the company said.
In particular, the new plant will have larger clean rooms, allowing the group to scale up its business with key wafer fabrication equipment customers.
Once completed, Frencken plans to progressively relocate and consolidate its manufacturing operations in Singapore, which are currently in separate facilities in Changi North and Seletar Aerospace Link.
Construction will begin in the third quarter of 2025 and is expected to be completed by the first quarter of 2027.