March Archives

>Media & Events > Media Gallery>Video Gallery

Strengthening the Manufacturing Ecosystem

8 March 2018, Selangor – “Successful industrial parks can be centres of growth and innovation, support local development and contribute to the advancement of the national economy. Thus, development of industrial parks is an important issue that needs to be addressed accordingly as we step up our game to ensure Malaysia remains among the top destination for investments in the region,” said YB Dato Seri Ong Ka Chuan, Second Minister of International Trade and Industry (MITI) at the Industrial Park Forum for Central Region held today at the Dorsett Grand Hotel, Subang Jaya, Selangor.

“The country needs to develop industrial parks that are ready to receive quality investments and meet the complex needs of investors. Failure to meeting this requirements can lead to loss of business opportunities for the industrial parks’ developers and on a larger context, may risk Malaysia of being sidelined when it comes to attracting quality investments. All park developers and managers need to seize the wave of industries that are coming into Malaysia by providing the next generation industrial parks. In realising this aspiration, I would like to urge the local authorities, technical agencies and utility providers to also come on board as these entities are important in building comprehensive industrial parks for investors,” added the Second MITI Minister.

The Forum, a collaboration between the Malaysian Investment Development Authority (MIDA) and the Federation of Malaysian Manufacturers (FMM), was attended by more than 200 participants representing the entire spectrum of relevant stakeholders – from local authorities, park developers & managers, utility companies, manufacturers and potential investors. Also present were YBhg. Dato’ Azman Mahmud, CEO of MIDA and YBhg. Dato’ Soh Thian Lai, President of FMM.

In his welcoming remarks, Dato’ Azman said, “Looking at the business trends today, MIDA believes that in order to attract more quality investments, we have to move faster by re-engineering our industrial parks to meet the demands of new emerging markets and industries. Presence of well-developed industrial parks can be a magnet to attract high value added investments, thereby creating high income jobs for the people. Being the first point of contact for investors, MIDA will take the lead as the authority to oversee the performance and regulate the industrial parks; as well as to assist potential investors in identifying suitable locations to place their facilities.”

The Industrial Park Forum for Central Region marks the first of its series and more will be organised throughout 2018 in the northern and southern regions as well as East Malaysia. By the end of the roadshow, MIDA and FMM will publish a Directory of Industrial Parks in Malaysia.

The Forum featured a panel discussion with broad range of speakers representing developers (MIDF Property Berhad, Matrix Concepts Holdings & Eco World Development Group Berhad, and UMW Land Sdn. Bhd.), investors (European Union-Malaysia Chamber of Commerce and Industry, Japan External Trade Organization (JETRO) Kuala Lumpur & Asli Mechanical Sdn. Bhd.), local councils and utility companies. This was then followed by a one-on-one engagement with developers and biz clinics with the utility companies, as well as financial institutions.

*****

For more information, please contact:

En. Ahmad Tajudin Omar

Director, Domestic Investment & Supply Chain Coordination Division, MIDA

Tel.: 03-2267 3627 | Email: [email protected]

Download:

Speech by YBM II_Industrial Park Forum @ Central Region

Speech by CEO of MIDA_Industrial Park Forum@Central Region

Posted on : 08 March 2018

MIDA Organises Inaugural Industrial Park Forum

Content Type:

Duration:

Performance of the Manufacturing Sector Rose by 37.2%

MIPR2018

MEDIA RELEASE

APPROVED INVESTMENTS IN THE MANUFACTURING, SERVICES AND PRIMARY SECTORS CHART RM201.7 BILLION IN 2018
Performance of the Manufacturing Sector Rose by 37.2%

14 March 2019, Kuala Lumpur – “Malaysia is set to leverage on the improving trend of private investments bolstered by the positive sentiments arising from the new Government’s supportive policies and clear economic direction. This is reflected in the total approved investments in the manufacturing, services and primary sectors, which has increased from RM200.6 billion in 2017 to RM201.7 billion in 2018. To break it down further, investments approved for the period of January to June 2018 were valued at RM86.1 billion, while a total of RM115.6 billion investments were approved for the period of July to December 2018,” said YB Datuk Darell Leiking, Minister of the International Trade and Industry (MITI).

The ratio of foreign and domestic investments is in line with the Government’s aspiration for domestic investments to assume the pivotal role of driving Malaysia’s investment agenda. The pie was split with domestic direct investments (DDI) assuming 60.1% of the share at RM121.2 billion, while foreign direct investments (FDI) accounted for the remaining 39.9% or RM80.5 billion. Foreign investors continue to capitalise on uniquely Malaysian ecosystems and its regional synergies as FDI increased by 48% from RM54.4 billion in 2017.

The manufacturing sector emerged as the champion, recording a significant margin with approved investments totalling RM87.4 billion in 2018, a notable 37.2% higher, as compared to RM63.7 billion in 2017. The services and primary sectors recorded investments of RM103.4 billion and RM10.9 billion respectively in 2018.

Manufacturing Sector
Malaysia continued to attract high levels of foreign investments in the manufacturing sector despite the global economic slowdown. Foreign investments in approved manufacturing projects have more than doubled to RM58.0 billion in 2018 from 2017’s figure of RM21.6 billion, constituting 66.4% of the total approved investments in the manufacturing sector. This reflects the country’s success in its targeted approach in attracting investments in high value-added and knowledge-intensive industries.

Majority of FDI were in new projects, totalling RM40.3 billion (69.5%), with the remaining RM17.7 billion (30.5%) being expansion and diversification projects. This shows that in addition to existing foreign companies expanding or diversifying in the country, more international investors are choosing Malaysia as their preferred investment destination.

China, Indonesia, the Netherlands, Japan and the USA were the largest contributors to the manufacturing sector in Malaysia for 2018. These five countries jointly accounted for RM44.3 billion or 76.4% of the total foreign investments approved during the period.

Pentax Medical from Japan is among the foreign projects approved in the manufacturing sector. The company, which is one of the top three endoscopic and surgical system manufacturers in the world, will be setting up its new manufacturing facility in Penang. This project is expected to create 193 job opportunities, whereby 77% will be Malaysians particularly in the managerial, supervisory and technical category.

Another notable project is Jinjing Technology from China that will be located at the Kulim Hi-Tech Park. The company will contribute to the development of the solar and glass ecosystems in Malaysia. It will provide 855 job opportunities to Malaysians, with salaries between RM3,000 to RM10,000 a month.

Testhub is an exemplary Malaysian company in the E&E industry. It is the only Malaysian entity that has the capability to design and manufacture test boards and test programmes, as well as provides one stop testing solutions to global MNCs. This knowledge-based company, located in Melaka, employs highly skilled local talents in the fields of E&E engineering as well as physics.

“Capital intensive projects, which involve advanced technology and skilled manpower, dominated the manufacturing landscape, represented by the 81 projects approved with investments of RM100 million or more. This is 43.2% higher than in 2017. Investments into these projects reached RM75 billion or accounted for 85.9% of total investments approved in the manufacturing sector. This is in line with the country’s push towards more strategic and higher quality investments,” highlighted YB MITI Minister.

“The manufacturing sector remains a key contributor to the nation’s exports. Of the total 721 approved manufacturing projects, 30.7% or 221 projects will be making Malaysia their hub for the international markets, whereby at least 80% of their products will be exported,” added YB Minister.

The petroleum products including petrochemicals industry with approved investments of RM32.9 billion contributed the lion share to the overall manufacturing performance in 2018. A notable project in this industry is Sarawak Petchem which is part of the Sarawak State Government initiative to develop Bintulu as a petrochemical hub. This is in addition to investments by Pengerang Energy Complex and Petronas Chemicals Isononanol that will be located in Johor.

Other industries with high levels of approved investments include basic metal products, E&E products, paper, printing and publishing, chemicals and chemical products, rubber products, non-metallic mineral products and machinery and equipment.

The manufacturing projects approved in 2018 are expected to create employment opportunities for 59,294 people. Of these, 22,449 will be in the managerial, technical, supervisory and skilled workers category.

Services Sector
The services sector continued to be the cornerstone of the nation’s economic growth in 2018. The sector was the largest contributor to the total approved investments, amounting RM103.4 billion from 4,103 projects. Domestic investments contributed 84.1% or RM86.9 billion while foreign investments made up the rest or RM16.5 billion.

Foreign investors were strong in the distributive trade and global establishments subsectors recording RM4.8 billion and RM4.4 billion respectively. These two subsectors alone contributed 55.8% to the total foreign investments in the services sector.

Malaysia has been well positioned to attract MNCs to set up their global and regional bases in the country. To date, MIDA has cumulatively approved a total of 35 Principal Hub (PH) projects, with companies committing to business spending of RM35.1 billion, engaging the use of local ancillary services worth RM5.5 billion and creating 2,686 high-value jobs. For 2018 alone, a total of eight new Principal Hub projects were approved, with committed business spending of RM7.1 billion. Among the approved PH projects were Smart Modular Technologies, Frencken Group, Onwards Media Group (OMG) and Jobstreet.

US-based Smart Modular Technologies has made Malaysia its base to undertake supply chain management from 3rd party suppliers to 3rd party customers. This translates to employment opportunities for 90 Malaysians. The company will utilise big data, cloud computing and real-time analytics technology to efficiently manage its global supply chain, which will involve over one million components, 220 suppliers and network companies in 1,000 locations.

Another project is from Frencken Group, a high-tech capital and consumer equipment service provider. Through its newly established Principal Hub, Frencken Group has shifted the global supply chain management of its Integrated Manufacturing Services division from Singapore to Malaysia. The company will incur a business spending of RM89.9 million over the next 10 years and will train 30 employees in areas such as strategic supply chain management and financial planning.

“The global establishments and end-to-end supply chain management services are key components to the nation’s economy. These services create trade efficiency and competitive advantages for other Malaysian industries. Given that the services sector is dominated by domestic industry players, the Government has introduced various initiatives to provide more business opportunities for Malaysian service providers. This includes the introduction of a mechanism to encourage better linkages with local service providers in the fields of architecture, engineering, transportation, banking, insurance, legal and ICT,” said YB Datuk Darell Leiking.

Primary Sector
Investments in the primary sector registered a decrease of 12.2% from RM12.4 billion in 2017 to RM10.9 billion in 2018. This is largely due to lower investments in oil and gas exploration activities, under the mining subsector. The rest of the investments in the primary sector comprise of the plantation and commodities subsector, and the agriculture subsector, registered sustainable investments of RM601.8 million and RM68.8 million respectively.

Going Forward
The Malaysian economy is likely to remain on a steady path in 2019 as the country’s macroeconomic fundamentals remain strong despite domestic and external challenges. This optimism is shared by Bloomberg in its recent analysis of emerging markets, whereby Malaysia was ranked first due to its growth prospects, state of the current account, sovereign credit ratings and, stock and bond valuation.

“The Government has unveiled the National Budget 2019 to plot a path forward for Malaysia. It includes a mixture of stimuli, incentives, and safeguards to facilitate business and enhance the nation’s ongoing competitiveness. In addition, the year 2018 marked a significant stage in the country’s automation journey with the launch of Industry4WRD, the National Policy on Industry 4.0. The broad strategies and action plans under this framework will contribute to the progressive transformation of industries, boosting Malaysia as a key player on the world stage,” said YB MITI Minister.

“MITI and MIDA trust that with the existing policies in place, Malaysia will continue to spark confidence in investors and business owners, and attract more quality investments this year. As to date, MIDA has 399 manufacturing and services projects with investments totalling RM23.7 billion in the pipeline,” added YB MITI Minister.

***********************

For more information, please contact:
Puan Zalina Zainol
Director, Corporate Communications Division, MIDA
Tel.: 03- 2263 2437| Email: [email protected]

Download YBM Speech

Download CEO Speech

Download Media Release (Eng)

Download Media Release (BM)

Download YBM Media Presentation Slides

Download Investment Performance Report 2018

View Investment Data

Posted on : 14 March 2019

Approved Investments in the Manufacturing, Services and Primary Sectors Chart Rm201.7 Billion In 2018

Content Type:

Duration:

The Malaysian Investment Development Authority (MIDA) signed a Memorandum of Understanding (MoU) with the Korea Trade-Investment Promotion Agency (KOTRA) today, in conjunction with the visit of His Excellency Moon Jae-In, President of the Republic of Korea to Malaysia this week. The partnership includes information exchanges on investment environment, opportunities, and promotion activities, as well as best practices of investment promotion

12 March 2019, Kuala Lumpur – The Malaysian Investment Development Authority (MIDA) signed a Memorandum of Understanding (MoU) with the Korea Trade-Investment Promotion Agency (KOTRA) today, in conjunction with the visit of His Excellency Moon Jae-In, President of the Republic of Korea to Malaysia this week. The partnership includes information exchanges on investment environment, opportunities, and promotion activities, as well as best practices of investment promotion.

“MIDA has been working together with KOTRA for a long time. Every year we organise investment missions to South Korea where there will be seminars, roundtable meetings, and one-on-one sessions with Korean investors, to promote business opportunities in Malaysia as well as to provide updates on the latest policies and economic landscape. KOTRA has always been one of our supporting organisations. So, we are excited to seal this strong cooperative relationship in investment promotion,” said Dato’ Azman Mahmud, Chief Executive Officer (CEO) of MIDA.

“We trust that through this partnership, we will be able to leverage on KOTRA’s establishments in ten regional headquarters, and 124 overseas centres in 86 countries. With this, we will also be able to provide more rewarding connections for both our business communities. As Korea is well known for its advanced technologies particularly on robotics, we hope to get more of such investments in these areas, particularly as Malaysia is going full speed into the knowledge and digital economy,” added Dato’ Azman.

MIDA in collaboration with the Korea Chamber of Commerce and Industry (KCCI) will be organising the Malaysia-Korea Business Forum at the Mandarin Oriental Hotel Kuala Lumpur on 14 March 2019. The event is expected to gather 400 participants, which will mostly be Korean businessmen. The President of the Republic of Korea and the Minister of International Trade and Industry Malaysia will grace the event. KOTRA is one of the supporting organisations for this event.

******

For further information, please contact:

Mr. Nelson Samuel

Director, Foreign Investment Promotion, MIDA

Tel: 03-2267 3787

Email: [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.

ABOUT KOTRA

Korea Trade-Investment Promotion Agency (KOTRA) is KOTRA Republic of Korean government’s trade and investment promotion arm to enhance national prosperity and competitiveness. KOTRA assists interested parties worldwide to do business with Korea with extensive worldwide network of Korea Business Centres in 86 countries. Please visit www.kotra.or.kr

Download:

Speech by CEO of MIDA_MIDA & KOTRA MoU Signing Ceremony

Posted on : 12 March 2019

MIDA and KOTRA Signs MoU for Investment Promotion Cooperation

Content Type:

Duration:

Second phase will commence at the end of April 2019

Kuala Lumpur, 21 March 2019 – A total of 24 graduates from the first batch of the Apprenticeship Programme received their ‘Sijil Kemahiran Malaysia’ at the convocation ceremony held at the Malaysian Investment Development Authority (MIDA)’s headquarters, today. The programme is a joint-effort between MIDA and the Ministry of Education Malaysia (MOE), the Department of Skills Development (DSD) and the Federation of Malaysian Manufacturers (FMM).

The Apprenticeship Programme is a 2-year initiative which targets PT3 (‘Pentaksiran Tingkatan Tiga’ or Form Three Assessment) leavers. This programme is adapted from the German TVET training model, of which 70 per cent of training is carried out in the industry while the remaining 30 per cent is conducted in training institutions. This is a fast-track programme which aims to provide skilled workers that can be absorbed immediately into the industry.

The event was attended by Mr. Zabidi Mahbar, Deputy Chief Executive Officer of MIDA and Dato’ Sri Norazman Ayob, Deputy Secretary General (Trade) of International Trade and Industry (MITI) who represented the Minister of MITI, YB Datuk Darell Leiking.

In YB Datuk Darell’s speech, which was read by Dato’ Sri Norazman Ayob, “This Apprenticeship Programme is a good example of MIDA’s industry-academia initiative to produce a high-skilled workforce capable of contributing substantially to the industry development. In line with the National Policy on Industry 4.0 or the Industry4WRD launched last year, the Government continues to promote cooperation between educational and skills institutions with the industry to ensure that graduates do not only have basic knowledge but are able to adapt to current technological changes. I am very delighted to know that MIDA will be bringing this programme to the national level with greater involvement from more than 100 companies and 700 students.”

The first series of the Apprenticeship Programme involved five companies namely Royal Selangor International, Top Glove, Gethi Engineering, Fire Fighter Industry and YKGI Holdings as well as three vocational colleges namely Setapak Vocational College, Klang Vocational College and Sungai Buloh Vocational College.

Mr Zabidi, Deputy CEO of MIDA who read the speech on behalf of Dato’ Azman Mahmud, CEO of MIDA, said, “The availability of skilled manpower is crucial in transforming all sectors of the economy towards knowledge-intensive activities, promoting employee productivity and attracting quality investments into Malaysia. Every year, the number of manufacturing projects approved by MIDA continues to increase. Therefore, industry-led training for the development of local skilled-workforce and industry-academia cooperation is required to ensure that the offerings are in line with industry demand. Hence, this program is a game-changer to drive the TVET agenda forward. The second phase of the MIDA-MOE-FMM Apprenticeship Programme will commence in late April 2019. MIDA urge more companies to come on board to create more placement opportunities for the participants of this programme.”

These graduates were presented with their ‘Sijil Kemahiran Malaysia’or Malaysian Skills Certificate in the areas of Industrial Machining, Electrical Technology, Electronic Technology and Welding Technology.

***

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, MIDA has grown to become a dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses, seizing opportunities arising from the technology revolution.

For further inquiries, please contact:

Mr. Mohamad Ismail Abu Bakar

Director, Industry Talent Management and Expatriate Division, MIDA

Tel.: 03-2267 6715 | Email: [email protected]

Posted on : 21 March 2019

24 Students Graduated From MIDA-MOE-FMM Apprenticeship Programme

Content Type:

Duration:

Smart manufacturing at forefront of the annual showcase

KUALA LUMPUR, 28 March 2019 – Unlocking greater productivity within Malaysia’s industrial sectors is one of the national strategies to drive continuous economic growth and expansion. The electrical and electronics (E&E) industry in particular, has the makings to further boost the national economy.

According to the 2018 Malaysian American Electronics Industry (MAEI) Survey Report, the E&E industry has enabled Malaysia to successfully position itself into the global supply chain of electronic manufacturing services, outsourced semiconductor assembly and testing as well as in research, design and development. Representing 36.7% of Malaysia’s total exports in 2017, the industry is expected to flourish even further and by 2020, is expected to generate a gross national income impact of RM53.4 billion and create 157,000 jobs.

This growth will be primarily supported by the megatrend of the IoT (Internet-of-Things) that has multiple applications and increased use of wearable gadgets, smart home applications, automotive industry and artificial intelligence (AI) technologies.

Given this backdrop, SEMI, the global not-for-profit association advancing the global electronics manufacturing supply chain, and MIDA will once again bring SEMICON Southeast Asia to Malaysia from 7-9 May 2019, at Malaysia International Trade and Exhibition Centre (MITEC).

Dato’ Azman Mahmud, CEO of the Malaysian Investment Development Authority (MIDA) said, “It has been fiveyears since MIDA embarked on this collaboration with SEMI to promote the technological advancements taking place in the semiconductor industry. We continue to find this partnership valuable as this event has been a good platform for our investors particularly the local players to learn about the latest technologies in the industry as well as to have networking opportunities with strategic partners. MIDA is committed to attracting high quality and high technology investments into the country. We find SEMI Southeast Asia’s goals through this upcoming flagship event to be in line with our aspirations to encourage the development of the entire manufacturing ecosystem. This valuable platform also provides opportunities for potential investors to explore what Malaysia could offer as an ideal investment destination.”

Mr.Ng Kai Fai, President of SEMI Southeast Asia, said “Globally, we foresee that the semiconductor market revenue will continue its healthy trajectory over the coming years amid a softening in 2019 given the rapid pace in the development of smart manufacturing, consumer technologies, autonomous vehicle, wireless communications and AI enabled by the IoT.

The E&E industry has a long history in Southeast Asia’s prosperity and is a significant part of Malaysia’s economic engine of growth. Against the backdrop of a semiconductor renaissance, as many would term it, E&E players around the world are leveraging on Industry 4.0 or Smart Manufacturing to increase productivity and achieve further growth without compromising on quality, cost or speed. It almost goes without saying that we need to accelerate the adoption of Smart Manufacturing within the Malaysian E&E sector to remain relevant and globally competitive.

There is also a general perception that the E&E industry is labour intensive, but many fail to realise that it is also highly automated and supported by state-of-the-art technologies. Therefore, in moving up the value chain, Malaysia needs to take into account the rise in automation and embrace smart manufacturing. With this in mind, SEMICON Southeast Asia 2019 is proud to be the first in Malaysia to bring a ‘live’ smart factory to the show, giving industry peers the opportunity to view and experience end-to-end microelectronics manufacturing brought to life. Each component along the pavilion’s multi-step line is displayed, virtually or with actual equipment on the floor from front-end through packaging and test to final board and system assembly.”

Recognised as the region’s premier industry gathering connecting innovators, products and technologies across the electronics manufacturing supply chain, SEMICON Southeast Asia 2019 is themed ‘Think Smart Make Smart’ andaims to foster the resilient and growing electronics manufacturing supply chain in Southeast Asia. The show will feature three themed pavilions, five global pavilions, and a host of keynote presentations and forums that will address key, trending topics within the semiconductor ecosystem.

To register for SEMICON Southeast Asia 2019 visit http://www.semiconsea.org/.

SEMICON Southeast Asia 2019 Strategic Partners:

Ministry of International Trade and Industry (MITI)

Malaysian Investment Development Authority (MIDA)

Supporting Partners:

Malaysia External Trade Development Corporation (MATRADE)

Malaysia Productivity Corporation (MPC)

Malaysian Industrial Development Finance (MIDF)

Malaysia Automotive Robotics and IoT Institute (MARII)

Standard and Industrial Research Institute of Malaysia (SIRIM)

Malaysian Institute of Microelectronic Systems (MIMOS)

Export-Import Bank of Malaysia Berhad (EXIM Bank)

Department of Standards Malaysia

InvestKL Malaysia

Invest Penang Malaysia

Malaysia Convention & Exhibition Bureau (MyCEB)

Ministry of Tourism, Arts and Culture

Semiconductor and Electronics Industries in the Philippines (SEIPI)

Singapore Manufacturing Federation (SMF)

The Center of Applied Data Science (CADS)

Silicon Saxony

DreamCatcher

Sponsors:

ADLINK Technology Singapore Pte Ltd Advantest

ASE Group ASM Technologies

Applied Materials Carl Zeiss Pte Ltd

Cimetrix^®Cohu

Edwards Vacuum Evatec

GLOBALFOUNDRIES Intel

Kanken Techno KLA Corporation

Kulicke & Soffa Kx

Lam Research Mi EQUIPMENT

OMRON PTW Asia

SCREEN Siemens Malaysia

Tokyo Electron UPS

ViTrox Corporation Berhad

About SEMI

SEMI^® connects more than 2,260 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Visit www.semi.orgtolearnmore, contact one of our worldwide offices,and connect with SEMI on LinkedIn and Twitter.

About MIDA

***

This news release is issued on behalf of

SEMI by Acendus Communications Sdn Bhd

For further enquiries, please contact Michael Poh at 012 395 5202 or

Reshvinder Kaur at 017 275 7985

Download:

MIDA CEO’s Talking Points_Pre-Event Media Conference_ SEMICON 2019

Posted on : 28 March 2019

Driving Local E&E Industry via SEMICON Southeast Asia 2019

Content Type:

Duration:

Nine Malaysian Aerospace Companies Participated in 2018

Langkawi, 27 March 2019 – The Malaysian Investment Development Authority (MIDA) continues to explore opportunities for collaboration between local industry players and international aerospace companies through its ‘Industrial Linkage’ programmes. The first programme was held in Turkey last year and was participated by nine Malaysian companies. The initiative has led to a signing of a Memorandum of Understanding (MOU) between the Malaysian Aerospace Industry Association (MAIA) and Turkish Aerospace. Another way forward is to establish a consortium between Malaysian companies and Turkish companies to explore potential business opportunities between both countries.

During the Langkawi International Maritime and Aerospace (LIMA) Exhibition 2019, MIDA took the opportunity to organise a Seminar on the Aerospace Industry with the theme, ‘Gearing Up Towards Future Technologies’. The half-day seminar, which attracted 150 local and foreign participants, was officiated by Dato’ Lokman Hakim Ali, the Secretary-General of the Ministry of International Trade and Industry (MITI). Also present was Dato’ Azman Mahmud, Chief Executive Officer of MIDA.

The event was part of MIDA’s on-going engagement to enhance the competitiveness of the industry and discuss on the requirements of high technology industries and some of the new emerging technologies that will be the game changer for the aerospace industry in Malaysia. It featured speakers from Rolls-Royce, Composites Technology Research Malaysia (CTRM) and MTC Aerosystems who are leading experts in the industry. On talent development and research and technology elements, the speakers were from Universiti Kuala Lumpur Malaysia Institute of Aviation Technology (UniKL-MIAT) and Strand Aerospace Malaysia respectively.

Malaysia has the right ingredients to be the outsourcing centre for aerospace products and services. Since the launch of MEASAT-1 and first Malaysia Aerospace Industry Blueprint, the industry has maintained positive growth. The country is now recognised for its design and manufacturing capabilities of composites, aircraft components and avionics systems.Over the years, the country has developed a strong supply chain, consisting of both global and local industry players, supplying to global companies such as Airbus, Boeing and Rolls Royce. Based on the industrial ecosystem that has been established throughout the years, the industry has a lot of potentials.

For the period of January-December 2018, eleven projects were approved in the aerospace industry with investments of RM816 million. Foreign investments amounted to RM338 million (41%). The majority of these investment (RM478 million or 59%) were from domestic investments. The approved projects are expected to generate a total of 2,442 employment opportunities.

MIDA’s other initiatives include its Supply Chain Conferences with Tier 1 and Tier 2 companies. The most recent conference organised by MIDA was with Rolls Royce in December 2018. Such events aim to facilitate local vendor development and enhance the capabilities of Malaysian companies in supporting MNCs’ operations. From the Rolls Royce supply chain conference, there are now on-going business engagements between Rolls Royce and nine Malaysian companies to further explore future collaborations.

****

For further information, please contact:

Mr. Zahirul Ishak

Transportation Technology Industry Division, MIDA

Tel: 03-2267 6621

Email: [email protected]

Download:

Welcoming Remarks by KSU MITI_ Seminar on Aerospace Industry (LIMA 2019)

Posted on : 27 March 2019

MIDA to Organise Three More Linkages Programme For the Aerospace Industry In 2019

Content Type:

Duration:

In compliance with the Movement Control Order announced by YAB Tan Sri Muhyiddin Yassin, Prime Minister of Malaysia to contain the Covid-19 outbreak, the Malaysian Investment Development Authority (MIDA) will close all its premises in KL Sentral and throughout the country from 18 March to 12 May 2020. MIDA has established its work-from-home arrangements and will be using various digital platforms to remotely connect with its stakeholders

Kuala Lumpur, 18 March 2020 – In compliance with the Movement Control Order announced by YAB Tan Sri Muhyiddin Yassin, Prime Minister of Malaysia to contain the Covid-19 outbreak, the Malaysian Investment Development Authority (MIDA) will close all its premises in KL Sentral and throughout the country from 18 March to 12 May 2020. MIDA has established its work-from-home arrangements and will be using various digital platforms to remotely connect with its stakeholders.

MIDA will continue to be responsive in providing advice and support to its clients. MIDA officials, particularly the Directors and Deputy Directors can be easily contacted through their respective emails at https://tinyurl.com/MIDAcontact or through [email protected]

For more information and updates, please visit www.mida.gov.my or follow MIDA on its social media platforms namely Twitter, Instagram, Facebook and LinkedIn.

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 contact:

Ms Zalina Zainol

Director, Corporate Communications Division, MIDA

Tel.: 03-2263 2437 Email: [email protected]

Posted on : 18 March 2020

MIDA Implements Work-From-Home Arrangements From 18 March to 12 May 2020

Content Type:

Duration: