Honeywell opens their new ASEAN regional headquarters in Kuala Lumpur, Malaysia. This is an effort by the company to strengthen its presence in Southeast Asia.
The new ASEAN regional headquarters will support Honeywell’s businesses across the region by providing leadership, timely decision-making and the capability to deliver innovative, specific solutions to industries including aerospace, oil and gas, automation and process controls, home and building solutions, industrial safety, mobile business productivity and automated warehouse operations.
Honeywell is the first multinational company to have joined Malaysia’s new Principal Hub initiative, introduced by the Malaysian Investment Development Authority (MIDA) in 2015. Honeywell has invested more than USD$500 million and created more than 120 high-value jobs, the majority of which are staffed by local talent. The new ASEAN regional headquarters will help the company further attract and develop talent to drive the company’s broad software-industrial offerings across the region.
Honeywell currently has a workforce of 1,500 in Malaysia, with more than 4,000 employees across the region, including Singapore, Indonesia, Thailand, Vietnam, Myanmar and the Philippines. This includes six regional and global engineering, manufacturing, and repair and service sites. Honeywell’s new ASEAN regional headquarters, totalling 74,000sqft, is currently home to over 400 employees from four strategic business groups – Aerospace; Home and Building Technologies; Safety and Productivity Solutions; and Performance Materials and Technologies.
Briand Greer, President of Honeywell ASEAN, said: “We believe the ASEAN region offers tremendous growth potential due to its favourable demographics and alignment with Honeywell’s portfolio and global macro trends such as the growing middle class, urbanisation, green and efficient energy, safety and security, and digitisation. We are strongly committed to the region. We have been here for more than 30 years, but this is a new chapter for Honeywell.”
Key leadership and expertise have already started transitioning into the country, with more than 50 regional roles moving to Malaysia in the last year alone. Equipped with Honeywell’s automated building solutions, the ASEAN regional headquarters features the latest in workplace design, which encourages workforce flexibility and collaboration.
The headquarters includes a dedicated showcase area that demonstrates Honeywell’s best-in-class software-industrial products and offerings in Connected Transportation, Connected Worker, Connected Homes and Buildings and Connected Industrial. About 60% of Honeywell’s global growth over the next five years will be connected to software.