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MIDA Congratulates UMW Aerospace for being Inducted into Rolls-Royce’s High Performing Supplier Group

KUALA LUMPUR, 17 June 2021 – The Malaysian Investment Development Authority (MIDA) congratulates UMW Aerospace Sdn. Bhd., a wholly-owned subsidiary in the UMW Group, for being inducted in the 2021 Cohort of Rolls-Royce’s High Performing Supplier Group. The inclusion places UMW Aerospace amongst the top 5 per cent of Rolls-Royce’s global suppliers, since winning the “Trusted to Deliver Excellence” award in 2018.

UMW Aerospace is the only home-grown company to become a Tier 1 supplier to Rolls-Royce. In August 2015, UMW Aerospace signed a 25+5 year contract with Rolls-Royce to manufacture and assemble fan cases for the latter’s Trent 1000 and Trent 7000 engines. Based in the UMW High-Value Manufacturing Park in Serendah, UMW Aerospace successfully delivered the first fan case for Trent 1000 engines in November 2017. Subsequently, it delivered the maiden fan case for Trent 7000 engines in October 2020. The fan cases are transported to Rolls-Royce’s facility in Singapore.

UMW Holdings Berhad President and Group CEO, Dato’ Ahmad Fuaad Kenali remarked, “We are humbled with this achievement. Our unwavering commitment to high quality products and services has led to this recognition. UMW Aerospace has proven itself as a reputable player in the highly-regulated aerospace industry in a short period. Furthermore, this achievement places UMW Aerospace among the more established players in the industry and in a favourable position to participate in Rolls-Royce’s future projects. We believe this achievement is a testament to Malaysia’s potential to become an aerospace hub in ASEAN.”

He further added, “We are also extremely grateful to MIDA for their continuous support and guidance. MIDA had been instrumental in assisting us to set up the operations in Serendah in record time through collaboration with various government agencies. We had recently signed a Memorandum of Understanding (“MOU”) with MIDA that will allow both parties to leverage on each other’s strengths to provide capacity building opportunities to attract high-quality investments into Malaysia.”

Mr. Arham Abdul Rahman, Chief Executive Officer of MIDA, reiterated that, “The Government is fully committed in developing Malaysia’s aerospace industry and we are proud that UMW Aerospace has been included in the 2021 Cohort of Rolls-Royce’s High Performing Supplier Group and recognised as the top five (5) per cent of Rolls-Royce’s global suppliers. MIDA applauds Rolls-Royce for the confidence and the opportunity given to UMW Aerospace to be part of their supply chain. This recognition shows that Malaysia is indeed an ideal location to meet the growing demand of aerospace sector in the Asia-Pacific region.”

Through various agencies, including MIDA, the Government will ensure the long-term development of the local aerospace industry, including expanding the aerospace supply chain with the participation of Small and Medium Enterprises (SMEs); as Malaysia strives to become a leading aerospace nation in South-East Asia by 2030. As the country’s pivotal investment promotion agency, MIDA envisions to develop more Tier 1 home-grown companies such as UMW Aerospace and further nurture them to penetrate new markets, as well as link up with major aerospace industry players, including Original Equipment Manufacturer (OEMs) at the global arena.

“Given the vibrant business environment, we are optimistic that Rolls-Royce will benefit from Malaysia’s established ecosystem and facilities. We are pleased that Malaysia continues to fit into Rolls-Royce’s overall growth strategy for the region, exceptionally so, with its Industry 4.0 technology success. This aligns with the Government’s efforts to attract high value-added and technology intensive projects into the country. We believe, with our strategic value proposition, companies will be able to grow their business to another level and transform as competitive world players. We will ensure the business sentiment in Malaysia remains attractive amid the challenging global economy and the current wave of the COVID-19 pandemic,” added Mr. Arham.

The aerospace sector will remain as one of the high growth industries in the 12th Malaysia Plan, soon to be announced this year. MIDA will consistently promote the aerospace industry in line with the Malaysian Aerospace Industry Blueprint 2030. Today, Malaysia hosts 230 companies in maintenance, repair and overhaul (MRO), aero-manufacturing, education and training, systems integration and, engineering and design activities, with the support of 27,500 employees.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

About UMW

The UMW Group is an international conglomerate that develops industries, manages partnerships and facilitates growth. It is involved in four core business segments – Automotive, Equipment, Manufacturing & Engineering and Aerospace. The Group operates in 8 countries and has over 7,000 employees.

Moving forward, UMW strives to play a leading role in shaping the future of its industries. The Company will do this by inspiring vibrant ideas, nurturing potential, pioneering partnerships and delivering excellence in everything it does; the rewards of which will contribute to the progress and well-being of all its stakeholders.

For media enquiries, please contact:

Manjit Kaur Balkar Singh (Ms)
Phone : +603 2267 3509
Email : [email protected]

S Vikneshwaran (Mr)
Phone : +6019 850 5799
Email : [email protected]

MIDA Congratulates UMW Aerospace for being Inducted into Rolls-Royce’s High Performing Supplier Group


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Open To Facilitate Your Business, MIDA Is One-Click Away


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Kuala Lumpur, 9 June 2021 – YB Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry, presented at the Cabinet today on the impressive investment approvals for the first quarter (Q1) of this year, despite the unprecedented economic challenges caused by the COVID-19 pandemic. The members of the Cabinet endorsed the Q1 2021 approved investment by responding optimistically that Malaysia will successfully weather the storm with every Malaysian’s steel effort in boosting the economy.

Malaysia recorded a total of RM80.6 billion worth of approved investments in the manufacturing, services and primary sectors in the Q1 2021 a surge of 95.6 per cent from the same period last year (RM41.2 billion).

The continued aggressive strategies to attract high level investments from both foreign and domestic investors is exhibiting promising results. These approved investments involved 993 projects and are expected to generate 32,557 job opportunities.

Malaysia remains a competitive investment location for foreign investors despite the multiple headwinds on the global front. Total approved foreign direct investments (FDI) in the manufacturing, services and primary sectors increased by 383.4 per cent to RM54.9 billion for the period of January – March 2021 from RM11.4 billion in the same quarter last year. Singapore (RM43.1 billion), the Netherlands (RM5.0 billion), the Republic of Korea (RM4.3 billion), Chinese Taipei (RM0.5 billion) and Hong Kong (RM0.3 billion) were the top five countries in accordance to reporting by immediate source of FDI. Investments from Singapore include one 100 per cent Chinese owned mega project, where the source of funding is made through its affiliate located in the country. Meanwhile, domestic direct investments (DDI) made up the rest of RM25.7 billion, contributing 31.9 per cent to the total approved investments in all the three sectors. Five (5) states; Kedah, Selangor, Sarawak, Sabah and W.P. Kuala Lumpur contributed RM68.4 billion (84.9 per cent) to the total approved investments for January – March 2021.

The manufacturing sector leads the investments for the Q1 2021, recording RM58.8 billion, followed by the services sector at RM15.6 billion and the primary sector at RM6.2 billion.

Manufacturing Sector

The positive investment growth for Q 1 2021 was driven by the robust performance of the manufacturing sector that soared by 12 6.8 per cent compared to Q1 20 20 Malaysia’s manufacturing sector recorded approved investments of RM 58.8 billion from 24 6 manufacturing projects for Q1 2021 compared to RM 2 5.9 billion from 2 26 manufacturing projects in the same period last year. It is important to note that amid pandemic, FDI accounted for 88.9 per cent or
RM52.3 billion of the total approved investments in the manufacturing sector while the remaining 11.1 per cent or RM6.5 billion were from domestic sources.

The majority of these investments were in the electr ical and electronics (E&E) (RM47.0 billion), fabricated metal products (RM4.9 billion), rubber products (RM3.3 billion), chemicals and chemical products (RM1.1 billion), transport equipment (RM0.5 billion), food manufacturing (RM0.4 billion), machinery and equipment (4 billion) as well as paper printing and publishing (RM0.2 billion) These industries make up 98. 3 per cent of total approved investments for the sector.

Malaysia has also consistently pursued more capital intensive projects and those that support the sustainable development agenda of the nation. This is reflected by the increasing capital investment per employee (CIPE) ratio to RM2,201,838 in the first three months of 2021 from RM1,625,162 during the same period last year.

The approved manufacturing projects will create 26,689 job opportunities. The new workforce includes 943 managerial positions and 1,042 engineers in the electrical and electronics mechanical and chemical disciplines reflecting the higher value chain transition of the manufacturing sector. T he approved manufacturing projects will also require 3,518 skilled
craftsmen such as plant maintenance supervisors, tools and die makers, machinists, IT personnel, quality controllers, electricians and welders. Major industries whic require the most skilled workforce are E&E, rubber products, fabricated metal products, transport equipment and machinery and equipment.

In terms of recipients of approved investments in the manufacturing sector, Kedah registered the highest level of investments with RM42.4 billion, followed by Sabah (RM4.3 billion), Selangor (RM4.0 billion), Melaka (RM3.4 billion), and Johor (RM1.7 billion Collectively, these states contributed 95.1 per cent or RM55.8 billion to the total approved investments that will fund 165 projects. These investments are set to create 19,273 job opportunities, making up 72.2
per cent of the total employment in the ma nufacturing sector.

The leading sources of foreign investments in the manufacturing sector were Singapore, Republic of Korea, the Netherlands, Chinese Taipei, People’s Republic of China, the United States of America, Switzerland, Denmark, Germany and Hong Kong. These ten countries jointly accounted for 99.8 per cent or RM52.1 billion of total foreign investments approved in the manufacturing sector for this period.

The confidence of FDI in Malaysia has been solidifying in the manufacturing sector as foreign investors are increasingly reflecting in long term investments. One of th e n otable project s is a new manufacturing project by SK Nexilis from the Republic of Korea a copper foil producer for electric vehicle ( battery manufactur ing The proposed facility in Malaysia will fully implement the RE100 initiative, to commit to 100 per cent renewable electricity. The company’ s presence will attract more investors to complete Malaysia’s EV battery manufacturing supply chain, turning the country into high precision and high quality copper foil hub for niche applications.

Another quality project approved is Risen Energy one of the pioneers in the solar industry with extensive expertise in photovoltaic R&D and end to end solutions for the entire solar value chain manufacturing The company is the first investment approved under the PENJANA Scheme, which was launched on 5 June 2020 in supporting the relocation of international investment projects to Malaysia. Risen Energy is set to produce the latest bi facial technology solar
products to cater to the growing global market. This project will boost employment opportunities and benefit the local businesses to become part of their global value chain.

Services Sector

The services sector on the other hand, contributed 74.2 or per cent or 737 of the total number of approved projects in the first quarter of 2021. These approved service s projects are expected to create 5,669 jobs for the economy. Domestic investments made up the largest portion, recording RM15 billion or 96.2 per cent of the total approved investments for the services sector during this period. The remaining 3.8 per cent were from foreign sources. The total investments approved in the services sector recorded an increase of 3.5 per cent from the approvals recorded for the same period in 2020.

I ncrease in investments were recorded in several services sub sectors, namely financial services distributive trade, education services, real estate and global establishments Collectively, the leading contributors include real estate ( 9 billion), financial services (RM2.7 billion), utility (RM2 billion support services (RM1.2 billion) and distributive trade
(RM0.5 billion).

For the purpose of streamlining investment data, a new sub sector namely information and communications has been redefined, taking in a combination of telecommunications sub sector and Multimedia Super Corridor (MSC) status projects thus adjusting the total number of sub-sectors under the services sector to 12. This new sub sector includes publishing, programming and broadcasting, telecommunications, computer programming, consultancy as well as
information services activities which are in line with the Malaysian Industry Classification Standards Code (MSIC) 2008 set up by the Department of Statistics Malaysia.


Primary Sector

The approved investments in the primary sector registered a significant increase of 3,097.3 per cent from RM0. 2 billion in 1Q 2020 to RM6.2 billion in 1Q 2021. Investments from domestic sources continue to dominate with a total amount of RM4.2 billion or 67.7 per cent while foreign investments contri buted RM2 billion or 32.3 per cent. The primary sector was led by the mining subsector with approved investments of RM6.1 billion.

Conclusion

The upward trend of COVID 19 infections has caused a global economic upheaval across every level of societies. Governments worldwide are intensifying efforts to curb the infection with an ultimate objective to restore their economies amidst the health care of their people. The challenge remains to recharge the performance of the economic sectors to the pre pandemic era.

“In Malaysia, as we continue the battle against the COVID 19 pandemic, the country remains a primary investment destination and strategic gateway for investors. The country is steadfast in providing investors with modern day requirements and equipment. Its persistence towards engaging emerging technologies proves to be a great advantage to manufacturers in the country The unique value propositions as a high tech investment and global operations hub will entice a sustainable stream of quality investment activities in the country.” said YB Dato’ Seri Mohamed Azmin Ali Senior Minister and Minister of International Trade and Industry.

“With our pro business, prudent and pragmatic policies, Malaysia serve s as the ideal partner for investors to do business in the region. The Government through MIDA will lend its expertise in executing the on going reform initiatives as well as the newly developed blueprints and policies, to enhance the country’s competitiveness, promoting investments and accelerating national economic development in line with the National Investment Aspirations (NIA).” added the Senior Minister.

As of March 2021 MIDA has in the pipeline, 988 projects with proposed investments of RM 54.4 billion in the manufacturing and services sectors Malaysia’s economy is expected to bounce this year with a GDP projection ranging between 6.3 per cent and 7.5 per cent based on the projection by International Monetary Fund World Bank and S&P Global Ratings, positioning the country to be the fastest growing among the ASEAN-5 countries.

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of International Trade and Industry (to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Ku ala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram, Facebook, LinkedIn and YouTube channel.

MediaContacts

Manjit Kaur Balkar Singh (Ms)
Email: [email protected] | DL: +603-2267 3509

Malaysia Records RM80.6 Billion Approved Investments For The First Quarter Of 2021


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“To advance the affordable housing and construction agenda, we seek to connect the relevant stakeholders towards fostering stronger collaborations and enhance the existing ecosystem to respond to both current and new challenges, creating liveable and more resilient communities,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) at the Industrialised Building System (IBS) Adoption and Regularisation Dialogue 2018, held at MIDA HQ today

26 June 2018, Kuala Lumpur – “To advance the affordable housing and construction agenda, we seek to connect the relevant stakeholders towards fostering stronger collaborations and enhance the existing ecosystem to respond to both current and new challenges, creating liveable and more resilient communities,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) at the Industrialised Building System (IBS) Adoption and Regularisation Dialogue 2018, held at MIDA HQ today.

“The government has reaffirmed the country’s commitment to increase the number of affordable housing for purchase and rental. Hence, the adoption of IBS remains relevant and crucial towards meeting this goal. The IBS industry can contribute in two ways. Firstly, it can speed up the construction of these affordable housings, contributing to the economic development as well as decreasing the wait time for the targeted group. Secondly, it can also indirectly reduce the number of low cost labour in the country as the need for workers in the construction site reduces,” added the Deputy CEO of MIDA.

With the theme ‘Opportunities Lie Ahead’, the half day event was jointly organised with the Construction Industry Development Board (CIDB) to highlight the updates and opportunities in IBS. It was the 9th outreach programme following a series of engagements in the northern states of Penang, Perak, Kedah and Perlis; east coast of Pahang, Terengganu and Kelantan; as well as Melaka and Johor in the south.

The Dialogue featured presentations on IBS regularisation and opportunities, IBS adoption, product certification and IBS solutions by Ms Najihah Abas from MIDA’s Building Technology and Lifestyle Division, Ms Yuanti Mohamed from CIDB’s IBS Division, Mr Hasnol Zakaria from SIRIM and Mr Louis Tay, Chief Operating Officer of PLY TEC Formwork System Industries.

Topics covered include the requirements of obtaining a Manufacturing Licence. It was highlighted that many companies that have reached capital investments of RM2.5 million or hired 75 or more full-time paid employees, have yet to apply for a Manufacturing Licence from MIDA. For companies that fall below these requirements, they were encouraged to register with MIDA. These will keep them informed for any updates on related facilities and policies in the areas, including IBS.

Last year, MIDA published the IBS and Building Materials Supply Chain Directory 2017/2018. The IBS Directory is a comprehensive and useful reference point which contains in-depth profiles of over 4,000 local building material manufacturers, suppliers, contractors, professionals and relevant stakeholders in the construction industry. Companies seeking to explore business prospects and opportunities for collaboration within the IBS industry can purchase the IBS Directory from MIDA.

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About MIDA

Malaysian Investment Development Authority (MIDA) is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Established in 1967, MIDA is the first point of contact for investors that want to take advantage of Malaysia’s vibrant economy, world-class infrastructure and business-friendly environment to set up their profit centre in Asia.

About CIDB

The Construction Industry Development Board was established under the Construction Industry Development Act (Act 520) to develop the Capacity and Capability of the Construction Industry Through Enhancement of Quality and Productivity by Placing Great Emphasis on Professionalism, Innovation and Knowledge in the Endeavour to Improve the Quality of Life.

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For more information, please contact:

MIDA

Mdm Najihah Abas

Director, Building Technology & Lifestyle Division

[email protected] | 03-2267 6717

Posted on : 26 June 2018

Companies Urged To Venture into IBS


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The Malaysian Investment Development Authority (MIDA) in collaboration with IME Group of Companies with the support of Dassault Systèmes and Robert Bosch organised the MIDA-IME Industry 4.0 Showcase, today. The event, held at MIDA headquarters aimed to assist local players in their implementation of Industry 4.0. The Showcase gathered experts to demonstrate a wide range of technologies endorsed by Industry 4.0 namely simulation, additive manufacturing, system integration, digitisation, cloud computing, Internet of Things (IoT) and data analytics

KUALA LUMPUR, 28 June 2018 – The Malaysian Investment Development Authority (MIDA) in collaboration with IME Group of Companies with the support of Dassault Systèmes and Robert Bosch organised the MIDA-IME Industry 4.0 Showcase, today. The event, held at MIDA headquarters aimed to assist local players in their implementation of Industry 4.0. The Showcase gathered experts to demonstrate a wide range of technologies endorsed by Industry 4.0 namely simulation, additive manufacturing, system integration, digitisation, cloud computing, Internet of Things (IoT) and data analytics.

Speaking at the event, Ms. Lim Bee Vian, Executive Director of the Strategic Planning (Services) of MIDA said, “It is crucial now than ever for companies to reassess and realign their business strategies to adapt to the unprecedented challenges of the new industrial revolution. We need both the industry players from the private sector as well as public sector to come together as one.”

“MIDA has been steadily making efforts to familiarise companies with smart manufacturing technologies through seminars, dialogues with business chambers, briefing with business associations, workshops and supplier conferences to MNCs and SMEs. We have identified strategic partners to promote robotics and automation, Industrial Internet of Things (IIOT) and smart manufacturing technology and solutions. The collaboration with IME adds to MIDA’s on-going initiatives in spearheading the country’s Industry 4.0 agenda. We have partnered with companies such as Rockwell Automation, Intel, Hitachi, and Siemens to showcase possible solutions to assist companies in adopting Industry 4.0 technologies. By working with these technology developers and solution providers, we act as a conduit in bringing together industry players for fresh and exciting collaborations,” she added.

Nearly 200 participants from various organisations attended the event that seeks to assist them in understanding and learning ways to incorporate the key elements of Industry 4.0 into businesses.

The full-day event featured presentations on ‘Government Facilitation Related to Industry 4.0 in Malaysia’ by MIDA; ‘Leveraging Digital Continuity for Operational Excellence’ by Dassault Systèmes, as well as panel discussion on ‘Industry 4.0 : How to Start Implementation’, which was moderated by a representative from Dassault Systèmes, with a line-up of speakers from IME, Bosch and DF Automation.

IME also conducted an Industry 4.0 workshop, which addressed 5 key steps to initiate Industry 4.0 transformation. The workshop highlighted that the adoption of Industry 4.0 elements is not necessarily costly thus it is important for organisations to identify critical areas for improvement, before developing a roadmap and evaluating suitable methods for implementation, within their budget. IME is also embarking on its own IoT projects. Solely in year 2017 itself, the company has engaged with more than 7,000 business leaders about Industry 4.0, Smart Manufacturing and IoT.

IME provides not only tailored solutions catered to engineering needs, but solutions that help organisations to grow and begin their digital transformation journey.

About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 23 overseas offices. Find out more at www.mida.gov.my

About IME:

IME (Group of companies) is a local business established since 1980, that aspires to play a role in the growth of the local industry, by providing a platform for the industry and educational sector to collaborate, share, and close the knowledge and skill gap. Founded as a CNC service and repair centre, IME has now grown into the leading product design and manufacturing solution provider in Malaysia, with a vast clientele from local and multi-national corporations, government sectors and academia; IME has established strong presence locally and expanded business coverage to ASEAN. Find out more at www.cadcam.com.my

For more information, please contact:

Mr. Jeyasigan Narayanan Nair

Director, Advanced Technology and R&D Division, MIDA

Tel.: 03-2267 6711 | Email: [email protected]

Download:

Welcome Remarks by Ms. Lim Bee Vian, MIDA – IME Industry 4.0 Showcase

Posted on : 28 June 2018

MIDA-IME Industry 4.0 Showcase


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Kuala Lumpur, 10 June, 2019 – Amid the risks and challenging uncertainties in the global economy surrounding the US-China trade talks, investors remained confident about Malaysia as an investment destination.

The country successfully attracted a total of RM53.9 billion approved investments in the manufacturing, services and primary sectors for the first quarter of 2019 (Q1 2019), an increase of 3.1% from the same period last year (RM52.3 billion). The positive investment growth of Q1 2019 was mainly driven by the robust performance of the manufacturing sector that soared by 126.8% compared to Q1 2018.

Foreign investments increased by 73.4% to RM29.3 billion from RM16.9 billion in the first quarter of 2018. Domestic investments approved in Q1 2019 amounted to RM24.6 billion, contributing 45.6% to the total. The investments approved in January to March 2019 were from 1,678 projects, and are expected to generate more than 41,200 job opportunities for the country. The manufacturing sector accounted for the largest share of total potential employment in the economy with 22,970 job opportunities or 55.7%, followed by the services sector with 18,000 job opportunities (43.7%) and primary sector with 240 employment opportunities (0.6%).

Services Sector

In Q1 2019, the services sector attracted the largest portion of approved investments into the economy and garnered 1,445 approved projects with investments worth RM26.1 billion. The bulk of the investments came from domestic sources, which contributed RM18.0 billion or 69% of the total approved investments while the foreign sources contributed RM8.1 billion or 31%.

The five main sub-sectors that led the services sector with the highest total investment were real estate (RM11.0 billion or 42.3%), followed by the distributive trade (RM8.2 billion or 31.6%), utility (RM4.0 billion or 15.4%), hotel and tourism (RM1.8 billion or 7.0%) and support services (RM550.9 million or 2.1%).

Most of the job opportunities in the services sector or 95.8% will be in the distributive trade, hotel and tourism, and education sub-sectors. In the distributive trade sub-sector alone, potential employment created in Q1 2019 totalled more than 14,000, making it the largest employer within the services sector. Employment opportunities are found in both large and small establishments, with 59.3% of the employment opportunities exist in the wholesale and retail trade sector.

The development of the hospitality industry, which is well dispersed across the country will provide opportunities for the youth to learn the skills working in both high-end 5-star and 4-star hotels. Approved projects in the hotel and tourism sub-sector are expected to create about 2,300 new jobs, from managerial positions to front-line operations.

Demand is also found in the private education sector, whereby newly established private education institutions proposed to employ more than 800 employees. This includes jobs for teaching/tutoring staff at the tertiary level.

Manufacturing Sector

Malaysia’s manufacturing sector remains resilient and recorded an impressive approved investment of RM25.4 billion in Q1 2019. This is 126.8% more than RM11.2 billion recorded in Q1 2018. The trend towards more capital-intensive, high value-added and high technology projects are well reflected in the capital investment per employee (CIPE) ratio. The CIPE ratio of manufacturing projects approved in the first quarter of 2019 wasRM1,105,582 compared with RM805,531 in Q1 2018. A total of six manufacturing projects with investments of at least RM1 billion, with total investments of RM16.5 billion, were approved in Q1 2019. The manufacturing sector also featured 20 projects approved with investments of at least RM100 million or more. Investments into these 26 projects reached RM22.3 billion or 87.8% of total investments approved in the manufacturing sector.

The manufacturing projects approved will create 22,970 new job opportunities. The jobs created include 1,590 electrical and electronics engineers, 710 mechanical engineers and 180 chemical engineers. In addition, the approved manufacturing projects will also require about 1,710 skilled craftsmen such as plant maintenance supervisors, tools and die makers, machinists, IT personnel, quality controllers, electricians and welders.

From January to March 2019, foreign investments in approved manufacturing projects rose by 127.0% to RM20.2 billion from RM8.9 billion in the corresponding period last year. The increase reflects the country’s continuous competitiveness as a location of choice for investments. These approved projects are expected to generate strong multiplier effects, which include the growth of domestic companies or engineering supporting industries, cluster development, local sourcing, strengthening of R&D activities and human capital development. The USA (RM11.5 billion), China (RM4.4 billion), Singapore (RM2.2 billion), Japan (0.6 billion), and the British Virgin Islands (RM0.5 billion) accounted for 95.0% of total approved foreign investments in the manufacturing sector.

Two notable investments from the USA were projects from Micron Technology and Jabil Circuit. These companies will be expanding their manufacturing operations in Penang. A notable investment from China was from XSD International Paper, which is projected to drive the development of all related papermaking in the region with its proposed RM2.3 billion of investment. The company plans to cooperate with a local technical university to improve the papermaking skills in Malaysia.

The targeted 3+2 catalytic and high potential growth sub-sectors namely the electrical and electronics (E&E), chemical and chemical products, machinery and equipment, medical devices, and aerospace as identified under the 11th Malaysia Plan contributed 66.14% (RM16.8 billion) to the total approved investments in the manufacturing sector. The E&E industry contributed 92.8 per cent of total investment approved in the 3+2 sectors for the first three months of 2019. Once implemented, these projects will further energise the development and growth of the overall manufacturing sector in Malaysia.

A total of 150 (70%) of the manufacturing projects approved will be located in Selangor (75), Pulau Pinang (41) and Johor (34). In terms of value, Pulau Pinang (RM8.8 billion) benefitted the most from these investments, followed by Kedah (RM7.6 billion) and Johor (RM2.4 billion).

Primary Sector

The primary sector contributed RM2.4 billion or 4.5% to the total approved investments in Q1 2019. Majority of investments were contributed by domestic sources (RM1.4 billion or 58.3%), while foreign investment amounted to RM1.0 billion or 41.7%.

The mining sub-sector, dominated by the oil and gas exploration activities, led with approved investments of RM2.2 billion or 91.7%, followed by plantation and commodities with RM140.0 million and agriculture sub-sector with RM43.5 million.

Conclusion

Following the encouraging numbers of approved investments in Q1 2019, MITI and its agencies particularly MIDA, will continue to assume a strong role in attracting more quality investments as well as facilitating the implementation of approved projects. As to date, MIDA has 471 projects in the pipeline with investments worth RM30.4 billion for the manufacturing and services sectors.

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ABOUT MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook, @OfficialMIDA.

Media Release Q12019 Investment Performance

Siaran Media Q12019 Pelaburan Diluluskan (Mal)

Posted on : 10 June 2019

 

Q1 2019 Approved Investments in the Manufacturing, Services and Primary Sectors Reach RM53.9 Billion FDI in the Manufacturing Sector Soared by 127.0%


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Cochlear Limited (ASX: COH), the global leader in implantable hearing solutions, today announced an expansion of services in its Global Repair Centre located in Kuala Lumpur, Malaysia. The Australian Acting High Commissioner to Malaysia Michael Growder, together with officials from the Australian Trade and Investment Commission, Malaysian Investment Development Authority (MIDA), Association of Malaysian Medical Industries (AMMI), Ministry of Health (MOH), KPJ Healthcare University College and other related bodies attended the ceremony to mark the expansion of the facility

KUALA LUMPUR, MALAYSIA – 18 June 2019: Cochlear Limited (ASX: COH), the global leader in implantable hearing solutions, today announced an expansion of services in its Global Repair Centre located in Kuala Lumpur, Malaysia. The Australian Acting High Commissioner to Malaysia Michael Growder, together with officials from the Australian Trade and Investment Commission, Malaysian Investment Development Authority (MIDA), Association of Malaysian Medical Industries (AMMI), Ministry of Health (MOH), KPJ Healthcare University College and other related bodies attended the ceremony to mark the expansion of the facility.

The Cochlear Global Repair Centre was established in 2015, consolidating eight centres around the globe into one world-class facility. Since its opening, the Global Repair Centre has delivered more efficient, faster and consistent external sound processor repairs for customers, enabling a better customer experience and even greater processor reliability. Cochlear is now expanding its services to assemble replacement Nucleus 6 sound processors, where required, for existing customers covered by Cochlear’s processor warranty.

In acknowledging the positive contributions it brings, Dato’ Abdul Majid Ahmad Khan, Chairman of MIDA, said “Cochlear is an example of the type of investments we want to see coming into Malaysia. We are pleased to note that the company has employed 195 Malaysians so far. Cochlear’s effort to enhance the skills of these local employees, especially in the field of hearing implants, is commendable whereby these employees had undergone specific trainings in Malaysia and Australia. We believe that these local talents will gain so much experience from the transfer of technology and know-how.”

Cochlear Malaysia is an important part of the Company’s global business. Beginning with a small IT team in 2010, today Cochlear Malaysia is a thriving service centre which hosts the Global Repair Centre, Corporate Shared Services (including IT, customer service and procurement), the Company’s regional sales team, and a small research and development function.

“Leveraging on the availability of the established supporting industries conforming to the world-class standard, we trust that Cochlear will be able to enjoy the many advantages Malaysia offers. MIDA will continue to be Cochlear’s partner and provide our full support to facilitate its business in the country,” added Dato’ Abdul Majid.

“Kuala Lumpur has proven to be a great place to centralise our global, support services,” said Greg Bodkin, SVP Supply Chain & Operational Excellence, Cochlear. “We have significantly grown our workforce with the right skills to support our business globally. The legal and regulatory environment is pro-business, tax rules are attractive and English-language skills are abundant. For our Global Repair Centre, we’ve been able to hire local engineers and electronics technicians, who repair the sound processors for customers around the world and deliver to Cochlear’s global standard of quality.”

“We’re a growing company in a growing industry,” Bodkin added. “As we expand our global supply chain capacity to support this growth, Malaysia is and will increasingly be an important part of our global operations network.”

Dato’ Abdul Majid also said, “The medical devices industry has been identified as one of the high potential growth industries under the 11th Malaysia Plan due to its strong linkages to other manufacturing subsectors. Therefore, we view this project as a catalyst to boost the development of the medical device ecosystem in the country and hope that it will attract other global medical device industry players.”

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About Cochlear Limited (ASX: COH)

Cochlear is the global leader in implantable hearing solutions. The company has a global workforce of more than 3,500 people and invests more than AUD$160 million each year in research and development. Products include cochlear implants, bone conduction implants and acoustic implants, which healthcare professionals use to treat a range of moderate to profound types of hearing loss. Since 1981, Cochlear has provided more than 550,000 implantable devices, helping people of all ages, in more than 100 countries, to hear.

www.cochlear.com

Media Analysts/Investors

Jennifer Stevenson 

Head of Corporate Communications 

Ph: (+61) 2 9611 6959 

[email protected]

Analysts/Investors

Kristina Devon

Head of Investor Relations

Ph: (+61) 2 9611 6691

[email protected]

 

About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook.

For further information, please contact:

Ms. Balkish Mohd Yasin

Director, Life Sciences & Medical Technology Division

03-2267 3458 | [email protected]

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Chairman’ of MIDA Speech_Official Opening of Cochlear’s Global Repair centre

Posted on : 18 June 2019

Cochlear Announces Expansion of Global Repair Centre for Implantable Hearing Solutions in Kuala Lumpur


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The Conference on Tourism Potential in Sabah and Sarawak organised by the Malaysian Investment Development Authority (MIDA) on 18 June 2019 at the MIDA headquarters received an encouraging response with over 80 participants from the Malaysian Association of Hotel Owners (MAHO), Malaysian Association of Amusement Themepark and Family Attractions (MAATFA), hoteliers, tourist attraction operators, business chambers among others

18 June 2019, Kuala Lumpur – The Conference on Tourism Potential in Sabah and Sarawak organised by the Malaysian Investment Development Authority (MIDA) on 18 June 2019 at the MIDA headquarters received an encouraging response with over 80 participants from the Malaysian Association of Hotel Owners (MAHO), Malaysian Association of Amusement Themepark and Family Attractions (MAATFA), hoteliers, tourist attraction operators, business chambers among others.

This inaugural event was an effort with the cooperation of the Ministry of Tourism, Arts and Culture Malaysia (MOTAC), Ministry of Tourism, Culture and Environment Sabah (KePKAS), Ministry of Tourism, Arts, Culture, Youth and Sports Sarawak (MTACYS), Sabah Economic Development and Investment Authority (SEDIA), Malaysia Convention & Exhibition Bureau (MyCEB), MAHO and MAATFA.

Madam Catherine Ridu, Senior Director of the Services Sector Development Division at Ministry of International Trade and Industry (MITI), during her welcoming remarks said “With the upcoming Visit Malaysia 2020 campaign, Malaysia hopes to target 30 million international tourists and RM100 billion tourist receipts. There are many exciting opportunities for our domestic tourism stakeholders, especially those in Sabah and Sarawak, to support this landmark campaign. Therefore, it is crucial for us to strategically position our domestic tourism industry and maximise its capacity to propel the country’s economic transformation.”

In 2018, the services sector continued to be the cornerstone of the nation’s economic growth, contributing a total approved investment of RM103.4 billion or 51.3% of the total approved investments for the year. Of this amount, the 63 hotel and tourism projects approved with investments of RM4.6 billion last year projected creation of almost 4,000 new jobs.

This conference focused on ensuring that the domestic tourism industry players were well informed about the hospitality ecosystems in Malaysia andto encourage new investments into Sabah and Sarawak. As such, it featured presentations by the Healthcare, Education and Hospitality Division of MIDA, MOTAC and MIMOS Berhad, several panel discussions and one-to-one networking session between the participants and MIDA, MOTAC, KePKAS, MTACYS, SEDIA, MyCEB, MAHO and MAATFA.

Mr. Ahmad Khairuddin Abdul Rahim, Senior Executive Director of Strategic Planning and Development, MIDA echoed the message of Madam Catherine Ridu for domestic players to be attuned to gaps and opportunities present in the market and further elaborated saying “MIDA has been looking beyond the common understanding of tourism as being limited to vacation activities only. We have been actively pursuing investments and development in niche tourism areas such as ecotourism, halal tourism and cultural tourism. Some exciting international sports tourism events scheduled in 2019, namely the TMBT Ultra Trail Marathon andBorneo International Yachting Challenge, is set to attract more tourists arrivals into Sabah and Sarawak.”

In preparation for Visit Malaysia 2020, MIDA hopes that this event will promote more investments and initiatives in the hotel and tourism industry in Sabah and Sarawak to ensure the growth and sustainability of the domestic tourism industry. Additionally, MIDA will continue to organise similar series of engagements to further promote the growth of local hospitality industry.

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ABOUT MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become an active and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook.

For more information, please contact:

Ms Manjit Kaur Balkar Singh

Director, Healthcare, Education and Hospitality Division, MIDA

Tel: 03- 2267 3509 | Email: [email protected]

Download:

Opening Remarks MITI_Conference on Tourism Potential In Sabah And Sarawak

Welcome Remarks MIDA_Conference On Tourism Potential In Sabah And Sarawak

Posted on : 18 June 2019

Hospitality Ecosystems in Malaysia: Sabah and Sarawak A Vibrant Tourist Destination


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The Malaysian Investment Development Authority (MIDA) organised the Sarawak Domestic Investment Seminar 2019 today in collaboration with Ministry for Industrial and Entrepreneur Development Sarawak (MIED) as a platform to update the industry players especially in East Malaysia region on the latest policies and facilities that are available

26 June 2019, Kuching, Sarawak – The Malaysian Investment Development Authority (MIDA) organised the Sarawak Domestic Investment Seminar 2019 today in collaboration with Ministry for Industrial and Entrepreneur Development Sarawak (MIED) as a platform to update the industry players especially in East Malaysia region on the latest policies and facilities that are available.

The Sarawak Domestic Investment Seminar 2019 was graced by YB Datuk Amar Haji Awang Tengah Ali Hassan, Deputy Chief Minister of Sarawak. During his speech, it was emphasised that “The state has been conducting many outreach programmes, especially towards building the capabilities of our local industry players which consists mainly of small and medium enterprises (SMEs). Despite all our continuous efforts, there is still a lack of awareness among the local business community regarding the various facilities and support provided by the state and federal Government.”

Moreover, he added that “In today’s globalised world, competition is more intense, coming not just from developed economies but also from the developing countries. Therefore, the Government needs to make every effort to ensure the readiness of our local industry players in enhancing and sustaining their competitiveness. I look forward to more local SMEs going into high tech and high value-added ventures. We cannot continue to rely on low cost, low tech and labour-intensive strategies to grow our industries. Together, let us build a business landscape that is innovative, creative and sustainable, focusing on the future.”

Mr. Arham Abd. Rahman, Deputy Chief Executive Officer of MIDA in his welcoming remarks, also mentioned that “The Government is providing more opportunities for companies to move towards Industry 4.0 through various initiatives. This includes incentive packages such as the Pioneer Status (PS), Investment Tax Allowance (ITA) and the Domestic Investment Strategic Fund (DISF). There are also tax incentives for the production of robotics; the Automation Capital Allowance (Automation CA) to encourage automation in the manufacturing industry; and the Soft Loan Scheme for Automation and Modernisation (SLAM) to enhance manufacturing processes, upgrade production capability and capacity, and diversify into higher value-added activities.With these facilities in place, companies’ particularly domestic players need to take full advantage of the facilities available. We urge not only to adopt automation and other smart technologies, but also to invest in their talent by retraining the workforce and undertake collaborations with the many training institutions that are already available in the country.”

As of 2018, a total of 770 projects worth RM82.7 billion have been implemented in Sarawak. These projects have created more than 104,000 employment opportunities in the state, mainly in the natural gas, chemical and chemical products, basic metal products, electronics and electrical products, wood and wood products sectors.

“With so much development happening in the state, there is certainly more room for expansion and diversification activities, particularly in new growth areas. We encourage more companies to take advantage of the established ecosystem and facilities that Sarawak has to offer” added Mr. Arham.

The Sarawak Domestic Investment Seminar 2019 was well attended by over 200 participants from various fields, including government agencies, manufacturers, service providers and potential investors. The seminar featured panel sessions by a broad range of speakers from the MATRADE, MIDF, EXIM Bank, MPC, Standards Malaysia, SIRIM and MIDA.

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About MIDA

MIDA is the government’s principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967 with a relatively small set up of 37 staff, MIDA has grown to become a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook.

For more information, please contact:

Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid

Director, Domestic Investment and Supply Chain Coordination Division, MIDA

Tel.: 03-2267 6633 | Email: [email protected]

Download:

Welcoming Remark by DCEO I MIDA_Domestic Investment Seminar Sarawak 2019

Keynote Address by YB DCM_Domestic Investment Seminar Sarawak 2019

Posted on : 26 June 2019

 

Domestic Investment Seminar in Sarawak : MIDA Continues To Create More Business Opportunities for Investors


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Construction of new semiconductors test center starts 2021

Bosch, a leading global supplier of technology and services, has announced the signing of a Sales and Purchase Agreement (SPA) with the Penang Development Corporation for land in the Batu Kawan Industrial Park in Penang. The company plans to build a manufacturing facility there focusing on the business of semiconductor components and sensor testing. The construction of the plant is scheduled to begin in 2021 and completion of the production area and first series production to commence in 2023. Some 400 associates are expected to work at the new facility. 

The building will sit on an approximately 100,000 sqm of land and will primarily focus on the final testing of components manufactured at Bosch Automotive Electronics’ fab in Dresden, Germany. These components comprise semiconductors used in airbag systems or engine control units, to name a few. The plant will also house R&D and training facilities. 

“With the long-term forecasts for growth of semiconductor component quantities, coupled with the front-end production in Bosch’s Dresden facility in Germany, capacity expansion is required for the back-end production, which is the final testing phase of semiconductors and sensors. This new site is also intended to strengthen the matured eco-system for the semiconductor industry here in Penang,” said Simon Song, managing director of Bosch Malaysia. 

The semiconductor business at Bosch is part of the Automotive Electronics division within the Mobility Solutions business sector, with its headquarters located in Reutlingen, Germany. Other locations which Bosch Automotive Electronics is already testing components as intended for the facility in Penang are Reutlingen and Suzhou, China.

Dato’ Azman Mahmud, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) said, “Bosch’s commitment in complementing Malaysia’s electrical and electronics (E&E) ecosystem is a true reflection of the company’s continued confidence in Malaysia as a preferred destination for long-term growth. This project will also serve as a catalyst in developin

g a higher level of expertise through the adoption of Industry 4.0 and production automation in the industry.” 

Penang, Malaysia as the preferred location for facility 

The final testing facility in Penang will be the first of its kind for Bosch in Southeast Asia, and was chosen in the region for several reasons. First of all, there is a high level of semiconductor knowledge in the region. The proximity to business partners is another advantage. Malaysia and especially Penang have the ability to manufacture economically, even under cost pressure. According to statistics, Malaysia contributes ten percent of back-end semiconductor output globally, among which eight percent is contributed by Penang. 

“The State government is pleased to further strengthen our relationship with Bosch, one of the eight pioneers that charted Penang’s industrialisation five decades ago,” said Right Honourable Mr. Chow Kon Yew, Chief Minister of Penang. “Bosch new investment ventures implies the company’s confidence in its technology for the future and Penang’s ecosystem is capable and sustainable in fulfilling the stringent requirements of the automotive industry.” 

Penang is already home to three existing Bosch manufacturing sites and research and development offices since 1972. Robert Bosch (M) Sdn Bhd, Robert Bosch Power Tools Sdn Bhd, and Robert Bosch Automotive Steering Sdn Bhd produce car multimedia systems, power tools and automotive steering respectively. This is the largest number of manufacturing facilities in a single country for Bosch in Southeast Asia. To-date, Bosch’s workforce in Penang is more than 4,500 employees. 

Contact person for media inquiries: 

Zairynn Yazmi 

Corporate Communications Robert Bosch (South East Asia) Pte. Ltd. 

DID: +65(6)571-2059 

Email: [email protected]

Press Release – Bosch

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Posted on : 03 June 2020

Bosch Malaysia to set up new plant in Penang


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