Vale launched a new Asia Pacific office in Kuala Lumpur today to service important functions in the region.
According to Leonardo Paiva, the Country Manager of Vale in Malaysia, the regional office in Kuala Lumpur underscores the important position that Malaysia commands in Vale’s overall footprint as a global mining company.
“The office allows our regional corporate functions to be closer to our operational sites in the region, including the Teluk Rubiah Maritime Terminal (TRMT) in Manjung, Perak, which is designed to handle up to 25 million tonnes of iron ore per annum”.
“This will improve the synergies between our various teams, enhance our operational agility, and allow us to accelerate our transformation towards becoming a top provider of quality iron ore solutions in the APAC region,” Leonardo added.
The increase of Vale’s corporate office in Kuala Lumpur is a significant development for the city, which is aspiring to become among Asia’s most dynamic business hubs.
CEO of InvestKL, Datuk Muhammad Azmi Zulkifli said, “Vale’s new APAC office reflects Greater Kuala Lumpur’s (GKL) position as a regional business hub status, and underlines Malaysia’s pro-investment credentials on the global stage. Vale’s position at the forefront of the mining industry transformation bodes well with Malaysia’s vision of a progressive economic, sustainable, and inclusive nation. GKL indeed has the right fundamentals in terms of robust infrastructure, strategic location, dynamic talent pool, digital, and transformation capabilities that will support Vale’s global strategy to become a mining company of the future. Congratulations and we look forward to our continued partnership.”
Hosting the world’s three largest iron ore importers; China, Japan, and South Korea, APAC is an important regional market for Vale. The company is actively supporting its clients in the region to decarbonize, with some of the most innovative products in the market.
“The decision to scale up the corporate office in Kuala Lumpur is aligned with our long-term strategy in mind, allowing us to fully manifest our potential in the region, while staying true to our purpose and commitment to the society. The future is exciting,” Leonardo concluded.
