SIBS

International company 1 news story

SIBS (Scandinavian IBS) is a Stockholm-headquartered industrial producer of apartment buildings using volumetric light-gauge-steel modules. It manufactures in two plants in Penang — Bukit Minyak (2018) and Penang Science Park (North) at Simpang Ampat (2022) — and ships finished modules to Sweden, the UK, the Middle East, Australia and Asia.

5 Sep 2026 · Expansion

SIBS’s RM500mil Penang Science Park plant, the Swedish modular builder now ships Penang-made apartments to the UK, Australia and Greenland

Scandinavian IBS opened a 15-acre, ~500,000 sq ft second plant at Penang Science Park (North), Simpang Ampat in September 2022, part of a RM500 million programme promising 1,200 jo…

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