EnglishDeutsch
contrastBtngrayscaleBtn oku-icon

|

plusBtn crossBtn minusBtn

|

This site
is mobile
responsive

sticky-logo

MIDA Deepens Its Engagement With The Indian Business Community

Indian Entrepreneurs Urged to Leverage on Programmes & Facilities Provided by the Government

22 January 2018, Kuala Lumpur – “Notwithstanding our presence of more than 50 years in charting the industrial development of the country, there is still a lack of awareness on MIDA’s function in assisting and facilitating domestic companies as well as SMEs, especially among the Indian businessmen. Through today’s engagement, we hope to deepen our engagement with the Indian business community, which forms an integral part of local companies in the country,” said YBhg. Datuk N. Rajendran, Deputy Chief Executive Officer (DCEO) of MIDA during the exclusive media session with the Indian press held today.

“The Government has long recognised the capabilities and prospects of local companies in driving the economic growth of the country. For the first nine months of 2017, Malaysia recorded a total of RM113.5 billion worth of approved investments from 3,886 projects in the manufacturing, services and primary sectors. More than 73.5% of the approved investments were from local sources. Thus, we would like to urge more local companies, including those owned/managed by Indian entrepreneurs to come on board by leveraging on the programmes and facilities provided by the Government. Among them include the Domestic Investment Strategic Fund (DISF) that aims to accelerate the shift of Malaysian-owned companies in targeted industries to high value-added, high technology, knowledge-intensive and innovation-based industries. As at December 2017, a total of 270 projects with investments amounting to RM13 billion have been approved grants totaling RM1.3 billion under this fund,” added Datuk N. Rajendran.

The DCEO of MIDA also commented that Indian entrepreneurs should align their operations with Industry 4.0 by adopting automation and smart manufacturing that will increase productivity and competitiveness as well as reduce dependency on foreign labour. “Throughout 2017, MIDA organised several programmes to create awareness on the Industry 4.0. We will continue to undertake such programmes this year to disseminate information on available facilities to assist local companies in undertaking this venture such as the Accelerated Capital Allowance (ACA) for automation expenditure. For ACA, a total of 71 applications for automated spending allowance incentives have been approved until October 2017.”

MIDA has also established a dedicated SME Investment Desk in its headquarters and all its state offices throughout Malaysia. Malaysian businesses and SMEs should take advantage on this single contact point in MIDA HQ and all its State Offices, to obtain guidance and advice on the Government’s initiatives and facilities in building sustainable business collaborations through supply chain development on the local, regional and global levels.

More than 15 media representatives attended the exclusive media session from various Indian publication companies and online newspapers. The programme is part of MIDA’s continuous efforts to update the Indian entrepreneurs especially on the latest policies and facilities that are available. They are encouraged to follow MIDA’s official website and social media for the latest announcements and updates of facilitation and programmes related to business opportunities at www.mida.gov.my or @OfficialMIDA on Facebook and /OfficialMIDA on Twitter.

*****

For more information, please contact:

Mr. Ahmad Tajudin Omar

Director, Domestic Investment Division, MIDA

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

Mr. Sashirao Appanah

Assistant Director, Domestic Investment Division, MIDA

Tel.: 03-2267 3664 | Email: [email protected]

Download:

DISC Presentation_22Jan2018

Posted on : 22 January 2018

MIDA Deepens Its Engagement With The Indian Business Community


Content Type:

Duration:

8 February 2018, Kuala Lumpur – “Kelantan is one of Malaysia’s vibrant destinations for investments, driven mainly in the services and agriculture sectors. Although the state is not usually associated with large scale industrial enterprises, the manufacturing sector continues to play a significant role in the overall state development, particularly in providing jobs and entrepreneurial opportunities towards increasing the living standards of people in Kelantan,” said Mr. Arham Abd. Rahman, Executive Director of Investment Promotion, Malaysian Investment Development Authority (MIDA) at MIDA Invest Series: “Unfolding States’ Business Potential” held today at its HQ. The event, third-of-its-kind, was a collaboration with the Kelantan State Economic Development Corporation (KSEDC).

As at September 2017, a total of 292 manufacturing projects have been approved in Kelantan with investments worth RM6.48 billion. Majority of these investments or 78% (RM5.04 billion) were from domestic sources, while the rest were from foreign sources. These projects have created over 38,500 job opportunities, mainly in the non-metallic mineral products, electrical & electronic products, wood and wood products, food manufacturing, machinery and equipment and basic metal products.

Notable foreign companies operating in Kelantan include CMNM Mining Group from Singapore, Esquel from Hong Kong, Manakas from Germany and Rohm Wako from Japan. These five companies have invested a total of RM1.1 billion and provided 2,872 jobs for Kelantan. While, our local players include Terang Nusa that manufactures surgical and examination gloves, Ain Medicare in the pharmaceutical industry, and Kompleks Perkayuan Kelantan that produces integrated sawn timber. These 3 local companies contributed total investments of RM336.0 million and provided 3,269 jobs for the state.

To unleash the untapped potential of Kelantan, YB Dato’ Sri Mustapa Mohamed, the Minister of International Trade and Industry (MITI) has established a Special Investment Committee in 2014, consisting of MITI, MIDA, ECERDC and State Government agencies, to further promote investments and enhance the required enablers in the state. This includes the specific development projects such as the Tok Bali Supply Base (TBSB) and Pasir Mas Halal Industrial Park (PMHP).

“MIDA has established a Task Force to facilitate and monitor the development of Tok Bali Supply Base (TBSB) and we have been actively promoting the area as a strategic oil and gas logistics hub. Today, we are pleased to see that this humble fishing port in Pasir Puteh has been transformed into a significant supply base to support offshore activities, in complementing the other supply bases in Kemaman and Labuan,” said Mr. Arham.

“MIDA is also collaborating with the ECERDC and KSEDC to attract more private investors to the Pasir Mas Halal Park (PMHP). Taking advantage of the growing demands for halal products, the Pasir Mas Halal Park concentrates on the production of high-value added additives and ingredients that has numerous applications, from food additives to raw materials for food and beverage industry. The project is expected to attract RM611 million in private investments and create more than 4,200 job opportunities by 2020,” he added.

More than 80 participants attended the event that featured Tuan Haji Mazli Zakuan bin Mohd Noor, Group Deputy Chief Executive Officer (Corporate Affairs) of KSEDC, who provided the latest development and investment opportunities available in Kelantan.

*****

For more information, please contact:

Mr. Ahmad Tajudin Omar

Director, Domestic Investment & Supply Chain Coordination Division, MIDA

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

Download:

Speech by Mr. Arham Abdul Rahman, Executive Director Investment Promotion – MIDA Invest Series Kelantan

 Slide Presentation by Kelantan State economic Development Corporation

Posted on : 08 February 2018

Kelantan Attracts RM6.48 Billion Of Approved Investments As At September 2017


Content Type:

Duration:

Kedah is one of the oldest states in Malaysia and has captivating history behind it. In fact, there is more to this ‘Rice Bowl State’ than just paddy fields. In term of investments, there are 1,142 manufacturing projects implemented in Kedah with total investments of RM51.28 billion as at December 2016. These projects have created over 150,000 job opportunities for the state.

25 January 2018, Kuala Lumpur – “Kedah is one of the oldest states in Malaysia and has captivating history behind it. In fact, there is more to this ‘Rice Bowl State’ than just paddy fields. In term of investments, there are 1,142 manufacturing projects implemented in Kedah with total investments of RM51.28 billion as at December 2016. These projects have created over 150,000 job opportunities for the state,” said Mr. Zabidi Mahbar, Executive Director, Strategic Planning (Manufacturing) of the Malaysian Investment Development Authority (MIDA) in his welcoming remarks at the MIDA Invest Series event held this morning. The event themed, “Unfolding States Business Potential’ took place at MIDA headquarters in collaboration with Invest Kedah.

“Despite the challenging global economic environment, Kedah has persevered by attracting additional approved investments worth RM1.29 billion in the manufacturing sectors from January to September last year, creating another 1,543 job opportunities for the state. These 26 projects were mainly in non-metallic mineral products, transport equipment, E&E, machinery and equipment, rubber products, and fabricated metal products.” he added.

There are 10 industrial parks available in Kedah, including the Kulim High Tech Park (KHTP) that has a strong presence of multinationals from the electrical and electronic industry. Total foreign direct investment in Kulim High Tech Park is currently amounted to RM42.3 billion. Among them include Intel, First Solar, Silterra, Infineon Technologies, Fuji Electrics and Osram. Osram had recently opened its new semiconductor plant in KHTP. With Osram’s state-of-the-art facility, Malaysia now has the world’s most advanced LED chip factory.

Kedah has the advantage of providing a constant supply of talents due to the availability of more than 38 higher learning institutions including universities, colleges and training institutes. Notably, the Kedah Industrial Skills & Management Development Centre collaborates with companies operating in Kedah to provide an industry ready workforce.

The government, through MIDA has established a Domestic Investment Strategic Fund (DISF) to accelerate the shift of Malaysian-owned companies in targeted industries to high value-added, high technology, knowledge-intensive and innovation-based industries. Under DISF, MIDA has approved 270 projects with investments of RM13 billion as at December 2017. For Kedah, a total of RM83.9 billion was granted for 14 manufacturing projects worth RM702.3 million.

In August 2017, YAB Datuk Seri Najib Tun Abdul Razak has launched Blueprint 2016-2025 (Blueprint 2.0) for Northern Corridor Economic Development. The blueprint aims to outline the future directions and strategies to expand growth, reduce regional imbalances and introduces bold measures for the long-term benefit of all by sustaining its growth momentum.

In the blue print, two NCER growth node projects have been identified in Kedah, namely Kedah Rubber City (KRC) and Kedah Science and Technology Park (KSTP). KRC focuses on high-value rubber and rubber based industries, whereas KSTP envisions to be a world-class centre for the promotion and commercialisation of applied scientific research and technology.

“We are optimistic that these projects will be an impetus to attract more quality investments into Kedah, particularly in the targeted sectors. With so much room available for expansion and diversification particularly in new growth areas, we look forward to more companies taking advantage of the established ecosystem and facilities that Kedah has to offer. MIDA’s office in Alor Setar is ever ready to serve the needs of investors on the ground,” said Mr. Zabidi.

MIDA Invest Series is an ongoing initiative undertaken by MIDA since early January 2018 to promote a competitive economy with equitable development among all states in Malaysia. This briefing featured a presentation by Mr. Zafir Annuar bin Ghazali, Senior General Manager of Invest Kedah on investment prospects of Kedah and its latest developments.

*****

For more information, please contact:

Mr. Ahmad Tajudin Omar

Director, Domestic Investment Division, MIDA

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

Download:

Speech by Mr. Zabidi Mahbar, Executive Director Strategic Planning (Manufacturing) – Kedah Special Briefing

Slide Presentation by InvestKedah

Posted on : 25 January 2018

Over 150,000 Jobs Created from 1,142 Manufacturing Projects Implemented in Kedah


Content Type:

Duration:

Norman Process Oils Malaysia Plant Sdn Bhd, a subsidiary of Orgkhim Biochemical Holding from Russia is building a USD50 million (RM200 million) facility at Tanjung Langsat, Pasir Gudang to manufacture petroleum-based extender oils used in tires, synthetic rubbers and rubber compounds

Johor Bahru, 12 February 2018 – Norman Process Oils Malaysia Plant Sdn Bhd, a subsidiary of Orgkhim Biochemical Holding from Russia is building a USD50 million (RM200 million) facility at Tanjung Langsat, Pasir Gudang to manufacture petroleum-based extender oils used in tires, synthetic rubbers and rubber compounds.

The Malaysian facility will supply markets in the Asia Pacific region with a particular focus on China as well as other established markets including Malaysia and Singapore. The 70,000 tons per annum unit will produce the company’s TDAE (treated distillate aromatic extract), TRAE (treated residual aromatic extract) and S-RAE (safe RAE, “green” analogue of traditional RAE) products.

The Groundbreaking Ceremony was attended by YB Datuk Tee Siew Kiong, Chairman of Johor State Tourism, Domestic Trade and Consumerism Committee, who represented the Chief Minister of Johor. Also present were Dato’ Azman Mahmud, Chief Executive Officer of Malaysian Investment Development Authority (MIDA), Mr. Nikolay Khodov, CEO of Orgkhim Biochemical Holding and Mr. Aleksandr Volkov, Director, Norman Process Oils Malaysia Plant.

Speaking at the event, Dato’ Azman said, “This investment does not only demonstrate your confidence in Malaysia’s long-term investment propositions, but also the thriving state of the chemical industry in the country. We are excited that upon completion of this project, Orgkhim will be the first company to produce carcinogen-free RPOs in Malaysia. It will strategically put Malaysia on the map as one of the few places in the world producing this premium specialty and eco-friendly chemical. Malaysia will certainly benefit from the sizeable patented technology transfer into the country.”

“The direct users of this specialty material, especially companies in the tire and rubber industry, will benefit much from the presence of Orgkhim here. They will be able to source for more cost-competitive raw materials and improve the quality of their output, resulting in safer and more EU compliant products that are fit for export purposes. When fully implemented, a total of 69 Malaysians will have the opportunity to work with this international company. Local vendors can also leverage on business opportunities arising from the many services required by the plant operation,” added Dato’ Azman.

Orgkhim Biochemical Holding is the top Russian and second worldwide producer of safe petroleum-based extender oils for “green” tires production around the world. Continental, Goodyear, Pirelli, Hankook and other big global tire makers have chosen Orgkhim’s NORMAN low-PCA processing oil made in the Russian town of Uren near Nizhny Novgorod area, and supplied to their production units in Europe, Africa and Asia.

“Today, we supply China and Korea and other Asian countries directly from Russia. Our volumes are growing so we will easily move production of these volumes to Malaysia,” said Orgkhim’s Head of Marketing.

According to MIDA’s record, as at September 2017, a total of 2,073 manufacturing projects in the chemical industry have been approved with investment worth RM96.5 billion. Out of the total, 59.5% (RM57.4 billion) was from foreign sources while the balance of 40.5% (RM39.1 billion) was from local sources. These projects have created a total more than 97,000 jobs for the country.

***

For more information, please contact:

Ms. Doreen Yeo

Tel : +6012-2793493

Email: [email protected]

Ms. Umarani Muniandy

Director, Chemical & Advanced Materials Division, MIDA

Tel.: 03-2267 6678

Email: [email protected]

About ORGKHIM:

Russia’s ORGKHIM Biochemical Holding, a Nizhny Novgorod-based holding, plans to build a USD 50 million facility in Malaysia to manufacture petroleum-based extender oils used in tires, synthetic rubbers and rubber compounds.

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. Moving forward, MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era.

Download: 

CEO Speech at Orghkim Groundbreaking Ceremony

Posted on : 12 February 2018

Orgkhim’s Johor plant to be the First Producer of Carcinogen-Free Rubber Process Oils (RPOs) in Malaysia


Content Type:

Duration:

MIDA Annual Media Conference 2018

MEDIA RELEASE

APPROVED INVESTMENTS IN 2017 CREATES 139,520 ADDITIONAL
JOB OPPORTUNITIES IN MALAYSIA

1. In 2017, Malaysia recorded approved investments of RM197.1 billion in the manufacturing, services and primary sectors. These are from 5,466 projects that will generate an additional 139,520 job opportunities for the country. Domestic direct investments (DDI) accounted for the bulk of it or 72.2% at RM142.4 billion, while foreign direct investments (FDI) contributed RM54.7 billion, making up 27.8% of the total.

2. The overall investment performance moderated by 7.4%. This was due to lower approved investments recorded in the services sector which saw a decline of 17.2%, from RM146.2 billion in 2016 to RM121.1 billion in 2017. The decline was affected by the real estate subsector which saw a 28.7% drop in value to RM45.7 billion despite a 43.1% increase in the number of projects approved, reflecting a change in investment strategies towards smaller sized projects in this subsector.

3. Nonetheless, the overall investment performance was bolstered by the manufacturing and primary sectors which recorded increases of 8.9% and 51.2% respectively. The qualitative aspects of investments attracted into Malaysia in 2017 were evident on many fronts, such as job and business opportunities as well as the transfer of technology.

4. More and more global companies are making Malaysia their hub. This includes Osram Opto Semiconductors’ world’s most advanced LED chip factory, B.Braun’s Global Center of Excellence for Intravenous Access products which comprises production and R&D functions, Peugeot’s ASEAN manufacturing hub, IKEA’s Regional Distribution and Supply Chain Centre for ASEAN, Honeywell’s ASEAN Regional Headquarters and Schlumberger which made Malaysia their largest shared services hub in the group in addition to their procurement service centre, human resource hub, financial hub and two regional hubs.

Manufacturing Sector

5. The manufacturing sector recorded total approved investments of RM63.7 billion, increasing 8.9% from RM58.5 billion in 2016.

Investment by Industry

6. The petroleum products including petrochemicals and natural gas recorded the highest total approved investments of RM26 billion, followed by electronics & electrical (E&E) products (RM9.7 billion), non-metallic mineral products (RM7.7 billion), transport equipment (RM4.8 billion), chemicals and chemical products (RM4.1 billion), machinery & equipment (RM2.2 billion), food manufacturing (RM2.1 billion) and scientific & measuring equipment (RM2.0 billion). These eight industries accounted for RM58.6 billion or 92% of total investments approved in this sector.

7. The E&E industry in Malaysia has evolved over the years. Starting with only a few global companies in the 1970s that were undertaking labour intensive, low technology and low value added activities, the industry now has a full range of semiconductor, solar and LED clusters with many companies undertaking higher value added products and front-end activities including design, research and development. For example, Intel which was only undertaking assembly and test activities in the past is currently engaged with a full integration of assembly & test including R&D activities with a complete internet of things (IoT) system solution. Other long term E&E global investors include Osram, Infineon, Motorola and Panasonic.

8. The strengthening of the E&E ecosystem has spilled over to the development of the local industry players. This includes companies that undertake wafer fabrication activities such as SilTerra, those involved in outsourced semiconductor assembly and test (OSAT) activities such as Inari, Unisem and Carsem, automated test equipment manufacturers such as ViTrox and VisDynamics, electronics manufacturing service providers such as K-One Technology, Nationgate and SMT Technologies, engineering service providers such as Xperior as well as those in IC Design activities such as Infinecs and Oppstar Technology.

Domestic vs Foreign

9. Domestic investments were dominant, contributing 66.2% of the total investment approved, while the balance came from FDI. Most of the domestic investments were in new projects (RM31.8 billion) while RM10.3 billion went into expansion or diversification projects.

10. In 2017, MIDA approved another project for the Pengerang Integrated Complex (PIC), a highly integrated refining and petrochemical complex that is set to highlight Malaysia’s status as a global leader in the petrochemical products industry. It is part of the 22,000 acres Pengerang Integrated Petroleum Complex (PIPC) with current approved investment of USD27.2 billion. Once completed, PIC will provide 4,000 job opportunities. As at January 2018, the PIC project execution progress is on track at 84%.

11. Besides Pengerang, among notable domestic investments approved including those that are majority owned by Malaysians are Petronas Floating LNG1 and Malaysian Refining Company in the petroleum products including petrochemical and natural gas industry, Salutica Allied Solutions and Inari Technology in the E&E industry, Muhibbah Marine Kuantan for the shipbuilding and ship repair segment, SME Aerospace and T7 Kilgour in aerospace, Sokachem in chemicals & chemical products industry, Ibronx and Greatech Integration in the M&E industry, and Upha Pharmaceutical and Duopharma in the pharmaceutical industry.

12. The sector’s biggest foreign investor was People’s Republic of China (PRC), Switzerland, Singapore, the Netherlands and Germany. These five nations jointly accounted for RM12.1 billion or 56% of foreign investments approved in 2017. In 2016, the top foreign investors were PRC, the Netherlands, Germany, UK and Republic of Korea with total investments of RM15.4 billion.

13. Despite China being the top FDI source for two years in a row, the value of investments has dropped by 18.7% from RM4.8 billion in 2016 to RM3.9 billion in 2017. China’s investments have diversified into many industries including the non-metallic mineral products, transport equipment, rubber products and E&E products.

14. Projects with China participation approved as at 2017 include Longi, Xinyi Energy Smart, Xinyi Solar, Jeje Energy Technology, CGPV Industrial Building System, Just Energy Technology and Intco Malaysia. Longi for example has made investments of more than RM1 billion in setting up an integrated solar plant in Sama Jaya Free Industrial Zone. This has created 2,142 job opportunities for Malaysians, whereby 569 is in the managerial, professional and technical category. For CGPV Industrial Building System, as at December 2017, the company has invested more than RM400 million and provided 217 jobs for the production of industrial building system (IBS) components including reinforced concrete, slab, column, beam and wall panels.

15. Overall, foreign investors were more active in expansion and diversification projects in the manufacturing sector, contributing RM13.9 billion or 64.4% of the total foreign investments approved in the manufacturing sector for 2017, while new projects accounted for the rest. Most of these projects involve the production of high-technology, high-value-added goods; a notable step towards achieving Malaysia’s industrial ambitions.

16. Among them include Osram, Robert Bosch, B. Braun, Longi, Visco, AJ Biologics, Verdezyne, Shibata, Fatty Chemical, Altech Chemical, Bruker Malaysia, Sandisk, Infineon, Hotayi, Air Liquide, Hanwha Q Cells, Kato Manufacturing, Sato Malaysia and ASE Electronics Malaysia.

a. For example, Osram Opto Semiconductor continued to expand with the opening of its new state-of-the art semiconductor facility. With this, Malaysia now has the world’s most advanced LED chip factory and a complete LED ecosystem. With this expansion, the company’s total investment is at RM4.2 billion and will provide 7,790 job opportunities by 2020, whereby 73% are for Malaysians.
b. There was also a RM2.6 billion expansion project by Robert Bosch Malaysia to manufacture instrument cluster panels and connectivity modules, adding 194 high-value-added jobs to the country. Malaysia stands to benefit from the company’s efforts for the development of local vendors as well as the export gains, as 100% of its products made in Malaysia will be exported.
c. B. Braun Medical Industries also had an expansion project approved worth RM1.2 billion to manufacture medical devices, pharmaceutical sterile intravenous (IV) solutions, and surgical instruments and implants using automated and state-of-the-art processes and creation of 809 new jobs of which 164 are salaried positions of RM10,000 per month and above.
d. Verdezyne also had an investment approved for the manufacturing of dodecanedioic acid (DDDA) using yeast fermentation technology, creating 75 additional jobs, with some salaried positions of RM10,000 per month or higher. With the company’s first commercial-scale renewable chemicals manufacturing facility, this will add to the advancement of biotechnology in the country, and catalyse the palm industry.

CIPE Ratio

17. The manufacturing projects approved last year were more capital intensive. The capital intensity, measured by capital investment per employee (CIPE) ratio of projects approved within the sector last year recorded a notable increase of 23.7% from the CIPE of RM912,239 in 2016 to RM1,128,742 in 2017. There were 9 projects approved with investments of at least RM1 billion, totalling RM34.7 billion (54.5%) of total investments approved in this sector. As for investments of at least RM100 million, 80 projects were approved with total investments of RM52.4 billion (82.3%) of all investments approved in this sector.

Employment Opportunities Created

18. From the total 687 projects approved, 56,420 job opportunities were created. Of these, 14,155 (25.1%) were in managerial, technical, or supervisory roles, an increase of 21% from 2016. Meanwhile, a total of 9,870 (17.5%) were positions for skilled workers. The E&E industry generated the highest amount of employment opportunities with 10,593 jobs, followed by transport equipment (9,112), and machinery and equipment (6,078).

Investment by State

19. Johor was the highest recipient of approved investments amounting to RM21.9 billion, followed by Pulau Pinang (RM10.8 billion), Sarawak (RM10.5 billion), Selangor (RM5.6 billion) and Melaka (RM4.7 billion). These five states contributed 84% of the total investments approved in 2017. In 2018, MIDA is collaborating with each State Agency in its Invest Series programme to further promote the unique comparative and competitive advantages of the states in the country. So far, MIDA has undertaken 4 sessions covering Perlis, Kedah, Kelantan and Pahang. Each session has been well attended by an average of 100-150 participants which consist of large companies, foreign and local business chambers and associations.

Implemented Investment

20. As at 31 December 2017, 2,920 out of 3,698 manufacturing projects approved during the five-year period of 2013 to 2017 are in production with the rest still under construction or final machinery installation. Total investment in these implemented projects amounted to RM201.4 billion. A further 45 projects with investments of RM6.3 billion have acquired sites for factories, while 575 projects (RM71.9 billion) are in the active planning stage. When these 620 projects are implemented, total additional realised investments in these manufacturing projects will amount to RM78.2 billion.

21. In 2016, from a total of 733 approved projects, 617 projects or 84% have started production. These realised investment have created 47,617 jobs for Malaysia, whereby 22.5% are within the salary above RM3,000. Meanwhile in 2017, despite being just approved within the year, there were already 215 projects in production. These realised investment have created 15,147 jobs for the country. Notably, 31% of these jobs are with a salary above RM3,000. Examples of approved projects in 2016 and 2017 that are already in production, are Sanmina-SCI Systems, BASF Petronas Chemicals, Straits Orthopaedics, Go Automobile Manufacturing, Spirit AeroSystems, Keysight Technologies, Omni Oil Technologies and Press Metal Bintulu.

Services Sector

22. The services sector remained as the largest contributor to the total approved investment contributing 61.4% or RM121.0 billion in 2017. The year-on-year approved investment value for the services sector contracted by 17.2% last year but the number of projects recorded an increase of 7.7% from 4,392 approved projects in 2016 to to 4,731 in 2017. Domestic investment occupied the lion share of the total in the services sector with RM92.2 billion, while foreign investments made up the rest of RM28.8 billion.

23. The real estate subsector made up the highest portion at RM45.7 billion or 37.7%, followed by global establishments (RM14.0 billion or 11.6%), financial services (RM11.8 billion or 9.7%), and distributive trade (RM9.4 billion or 7.8%).

24. Global establishments approved in 2017 accounted for investments of RM14.0 billion and created 2,028 job opportunities for Malaysia. From the 225 global establishment projects, 9 were Principal Hub (PH) projects, bringing the total to 28 PH projects approved since the scheme was introduced in 2015. Notable companies with global establishments in Malaysia include Nestle, Honeywell, Lazada, Huawei, Ikea, Roland, FM Logistics, Pos Malaysia and Integrated Device Technology. These establishments not only bring in business commitments for the long term, but also utilises Malaysia’s banking, financial services and other ancillary services while generating high skilled employment opportunities.

25. In 2017, the approved PH projects were a mixture of both large and small MNCs with committed business spending of RM13.64 billion, utilising ancillary services worth RM1.21 billion. These projects created 569 new high-value employment opportunities with a wide scope for knowledge transfer for Malaysians. Among them are foreign companies from the Netherlands, United Arab Emirates, Germany, Japan and the US operating in key economic sectors such as E&E, commodities and food & beverages.

26. Notable PH projects approved in 2017 include Integrated Device Technology (IDT), a global leader in the semiconductor industry; Roland, a leading Japanese based electronic musical instrument manufacturer; and IKEA, the Dutch-headquartered retail furniture giant. With IDT’s new establishment, Malaysia will become the hub for its Advance Automotive Technology Center, whereby its test operation activities will be shifted from Germany to the country. This will benefit Malaysians in terms of the transfer of cutting edge technology and knowledge. As for Roland, its Principal Hub aims to rationalise the Group’s global supply chain by centralising planning, procurement, logistics, sales and marketing and R&D to achieve synergy and to optimise and improve the Group’s profitability. IKEA’s Regional Distribution and Supply Chain Centre in Pulau Indah, Selangor will serve 12 retail stores in ASEAN, which will increase to 20 stores by 2026.

27. For 2017, positive growth in the services sector was registered for sub-sectors with relatively high value added activities such as healthcare services, transport, hotel & tourism and distributive trade.

a. The healthcare services sub-sector last year jumped 136.1% to RM445.1 million from RM188.5 million approved investments in 2016. Malaysia’s ongoing efforts to maintain high quality healthcare services contributed to a boost in its medical tourism. According to the Malaysian Healthcare Travel Council (MHTC), the country is fast becoming a famous medical tourism destination, mostly for cosmetic surgery, dental and orthopaedic treatments. Among the anchor private healthcare players in Malaysia are KPJ Healthcare Berhad, IHH Healthcare Berhad (Pantai and Gleneagles Hospitals), Ramsay Sime Darby Healthcare and Columbia Asia Malaysia.

b. The transport sub-sector hiked up by 119% in 2017 to RM4.5 billion from RM2.0 billion investments approved in 2016. The aviation sector saw 13 new projects with total investments amounting to RM596.7 million, 1 project in the highway construction and maintenance segment amounting to RM3.7 billion and 2 projects in maritime amounting to RM180.2 million.

c. Malaysia’s increasing popularity as a luxury tourist market has helped position the country’s tourism sector as one of the major contributors to the nation’s economic success. A total of 70 projects worth RM9.2 billion was approved in this sub-sector in 2017. Malaysia has received many accolades in the tourism sector including the 10th Most Visited City in the World by Euromonitor International Report 2017. These achievements underscore the attractiveness and capabilities of the country’s tourism sector.

28. The services sector, as a whole continued to be the largest employer in the economy, having created 82,172 job opportunities in 2017 or 59% of total job opportunities in the manufacturing, services and primary sectors. Distributive trade, MSC status companies, and hotel and tourism generated the bulk or 84% of the total job opportunities in the services sector.

29. Transformation of the services sector is ongoing with an emphasis on shifting towards one that is knowledge-intensive and innovation-focused. For example, in growing the potential of the country’s e-commerce sector, the Government has implemented various initiatives to develop the financial and logistics infrastructure, which forms the backbone of the e-commerce ecosystem. The e-commerce contribution to GDP is expected to grow to 6.4% in 2020. With the introduction of the Digital Free Trade Zone (DTFZ) and Go e-Commerce initiatives to name a few, the contribution of e-commerce to GDP is expected to be higher than the targeted rate.
Primary Sector

30. Last year, the primary sector saw a substantial increase of 51.2% in approved investment from 48 projects worth RM12.4 billion compared to RM8.2 billion from 41 projects in 2016. Investments from domestic sources totalled RM8.1 billion or 65.3% while foreign investments contributed RM4.3 billion or 34.7%. The mining sub-sector led with approved investments of RM11.7 billion in 32 projects, mainly from the oil and gas exploration activities. This is followed by the plantation and commodities sub-sector with investments of RM672 million, and the agriculture sub-sector making up the rest of approved investments

Going Forward

31. As global economic growth is forecast to expand between 3.0% to 3.3%, the overall investment performance in Malaysia is also expected to follow this favourable trend with GDP projected at 5.2% for 2018 and 2019. This will further benefit Malaysia’s domestic economic activities and boost business confidence to invest in the country.

32. Nonetheless, MITI/MIDA is cautiously optimistic about 2018 and continues to intensify efforts at attracting quality investments into the country. The 2017 performance, while moderate, was hard won against significant international competition. Despite the restructuring and reorganisation of companies that have resulted in retrenchments, it is worth noting that the manufacturing, services and primary sectors remain encouraging and there are no lack of opportunities in these sectors. Notably, a large portion of the affected workers in the manufacturing sector have been absorbed by other firms which are expanding in Malaysia, such as Keysight, Inari, HP, Osram and Infineon. New investments that are coming in, as well as the expansion by many established firms in the country, will also provide more job opportunities for Malaysians.

33. As at 31 January 2018, MIDA has 379 manufacturing & manufacturing related services projects with investments totalling RM69.5 billion in the pipeline. These were mainly in machinery & metal products, chemical products, global establishments and support services.

Download  Media Release AMC 2018

Download  Siaran Media AMC2018

Download  Chairman Speech AMC2018

Download  Presentation Slides – Malaysia Investment Performance Report 2017

Download  Presentation Slides – Malaysia Investment Performance Report 2017 – for press

View Investment Data

Posted on : 06 March 2018

Malaysian Investment Performance Report 2017


Content Type:

Duration:

The East Coast Railway Line (ECRL) project, Malaysia-China Kuantan Industrial Park (MCKIP), Kuantan Port expansion and Tanjong Agas Oil & Gas and Logistic Industrial Park lend an air of optimism for the state of Pahang that sets to woo investments from both foreign and local investors into the state

23 February 2018, Kuala Lumpur – The East Coast Railway Line (ECRL) project, Malaysia-China Kuantan Industrial Park (MCKIP), Kuantan Port expansion and Tanjong Agas Oil & Gas and Logistic Industrial Park lend an air of optimism for the state of Pahang that sets to woo investments from both foreign and local investors into the state.

“These projects will be an impetus to attract more quality investments into Pahang, particularly in targeted sectors. With so much room available for new investment, expansion and diversification, we look forward to more companies taking advantage of the established ecosystem and facilities that Pahang has to offer,” said Mr. Arham Abdul Rahman, Executive Director of Investment Promotion, Malaysian Investment Development Authority (MIDA) in his welcoming remarks at the MIDA Invest Series event held this morning at MIDA Headquarters.

The ECRL project will be the game changer for industries and existing developments on the east coast region that will see the emergence of additional trade routes. The project, which is expected to be completed in 2024, will link several key east coast industrial hubs such Kertih Port, Kemaman Port and Kuantan Port directly to the west coast of the peninsular.

The MCKIP, Malaysia’s first industrial park with ‘National Park’ status will drive more investments in heavy industry as well as high end and high technology industry such as steel and non-ferrous metals; machinery and equipment manufacturing; clean technology and renewable energy; oil and gas; petrochemical; electrical and electronics as well as research and development. MCKIP will grow to become an important economic driver with the aim of creating 19,000 jobs by 2020.

The multi-cargo Kuantan port leverages on its strategic location facing the South China Sea to be expanded to include a New Deep Water Terminal (NDWT). This leading petrochemical hub port and container terminal in the east coast region will double its capacity to 52 million freight weight tonnes (FWT) and is expected to emerge as one of the fastest routes to major ports in China and Asia-Pacific markets, making MCKIP as a key investment hub in Asia Pacific.

The Tanjong Agas Oil & Gas and Logistic Industrial Park sets to become the supply base and marine services hub for modern and complete facilities for the oil and gas industry. It will help spur the economic development and attract additional investments in Malaysia’s maritime and oil and gas business sectors. The park is expected to contribute RM30 billion to the Gross National Income and create 30,000 jobs by 2020.

Mr Arham said, “Not only do these projects strengthen the state’s comprehensive ecosystem; but they also improve the production and logistical efficiency; reduce the cost of doing business, and support greater flow of trades and investments into the state. We trust that these projects will further stimulate Pahang’s economic growth and create high value jobs for its people.”

As at September 2017, a total of 698 manufacturing projects have been approved in Pahang with investment worth RM43.1 billion. Majority of these investment or 56% (RM24.0 billion) were from foreign sources, while the rest (44% or RM19.1 billion) were from domestic sources. These projects have created over 90,000 job opportunities, mainly in the petroleum products, basic metal products, chemical and chemical products, electronics and electrical products, and non-metallic mineral products. Notable companies operating in Pahang include BASF Petronas Chemical, RP Chemicals, Kinsteel Berhad, CSWind Malaysia (formerly known as Eco Tower), Straits Cement, Polyplastics Asia Pacific and Kaneka.

“Much of these successes are the direct result of the close working relationship between the federal and state Government to develop and improve the state’s standing in the country. These efforts, particularly in delivering the high-impact projects and public infrastructures, have been ongoing, big and strong,” added Mr. Arham.

MIDA Invest Series is an initiative undertaken by MIDA since early January 2018 to promote a competitive economy with equitable development among all states in Malaysia. The fourth run in this series featured a presentation by YH Dato’ Haji Ahmad Sabri bin Hussin, Deputy Chief Executive Officer, Operation of Pahang State Development Corporation on investment prospects of Pahang and its latest developments.

*****

For more information, please contact:

Mr. Ahmad Tajudin Omar

Director, Domestic Investment and Supply Chain Coordination Division, MIDA

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

Download:

Speech by Mr. Arham Abdul Rahman, Executive Director Investment Promotion – Pahang Special Briefing

Slide Presentation by PKNP

Posted on : 23 February 2018

Pahang, A Big State with Big Opportunities for Investors


Content Type:

Duration:

Companies Need to Align with the Dynamic Ecosystem of the Automotive Industry

21 March 2018, Selangor – YB Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry (MITI) officiated the Towards Autonomous Technologies Conference 2018, a collaborative efforts between MIDA (Malaysian Investment Development Authority), CREST (Collaborative Research in Engineering, Science and Technology) and DRB-HICOM University held at the MIDA headquarters, today. The event, with a theme “Embracing Future Innovations”, was attended by more than 150 participants ranging from industry players, academia and government agencies.

“Technological advancement particularly those related to connectivity and autonomous technology will increasingly change the way we commute daily and travel from one place to another. The increasing speed of innovation and shared mobility solutions will give rise to new business models. Together, these developments will reshape the industry landscape and help define the future of transportation,” said YB Datuk Chua Tee Yong at the conference.

“Malaysia is not far behind from this technological development. We have notable local companies and universities that have initiated several development projects related to autonomous vehicles and its related technologies. For example, our home grown company, REKA has started developing its own self-driving or autonomous car technology since September 2016. Another example is the Universiti Teknologi Malaysia (UTM), which has been conducting research and development (R&D) activities on developing a fully automated vehicle since 2017. An AV prototype was developed through the collaboration between UTM and Moovita Pte Ltd. The prototype is based on a 7-seater vehicle and after just six months of extensive development and testing, the vehicle made its debut to the public in January 2018,” added YB Datuk Chua.

In his welcoming remarks, Dato’ Azman said, “Today’s conference is part of MIDA’s continuous efforts in providing platforms for industry stakeholders to discuss and exchange ideas in new and emerging areas. MIDA sees that the potential benefits of autonomous vehicles in urban transportation system are enormous and wide-reaching. To achieve them, it requires the right mix of ambition, planning, regulation testing and careful execution in a setting that involves multiple stakeholders. Therefore, the conference today feature various experts sharing on issues, challenges, technology breakthroughs and perhaps some recommendations for Malaysia to pursue this journey towards producing more autonomous vehicle technology,”

The conference featured a broad spectrum of the ecosystem representing academicians from the Universiti Putra Malaysia (UPM), Universiti Teknologi Malaysia (UTM) and DRB HICOM University; the industry players/experts (BOSCH, Clarion, REKA, Frost & Sullivan), industry association (Malaysia Automotive Association), and the relevant Government related bodies including the Ministry of International Trade and Industry (MITI), Malaysian Research of Road Safety Research (MIROS) and Malaysia Automotive Institute (MAI) and Perbadanan Kemajuan Negeri Perak (PKNP).

*****

For more information, please contact:

Mdm Jasbir Kaur Bachan Singh

Director, Transportation Technology Division, MIDA

Tel.: 03-2267 6798 | Email: [email protected]

Download:

Speech by Deputy Minister MITI_Autonomous Tech Conference

Speech by CEO of MIDA_Autonomous Tech Conference

Posted on : 21 March 2018

Embracing Future Innovations


Content Type:

Duration:

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:

Tactilis which manufactures biometric smartcards is setting up its first global facility in Malaysia. The investment based in the Pearl of the Orient will be undergoing transformation to meet the need of global demand and become the Tactilis’ Centre of Excellence for its Global Manufacturing and Research & Development. The thrust forward is to convert the plant into a smart factory through its “Industry 4.0” plan.

Bayan Lepas, 5 April 2018 – Tactilis which manufactures biometric smartcards is setting up its first global facility in Malaysia. The investment based in the Pearl of the Orient will be undergoing transformation to meet the need of global demand and become the Tactilis’ Centre of Excellence for its Global Manufacturing and Research & Development. The thrust forward is to convert the plant into a smart factory through its “Industry 4.0” plan.

The Penang facility will be a benchmark for rolling-out to other Tactilis manufacturing centres globally. Its modular manufacturing design supports its strategy for rapid expansion and growth. Penang has been selected by Tactilis with its experienced workforce and microelectronics ecosystem, offering strong infrastructural support.

Tactilis’ customer base includes smart cities, private membership programmes, commercial enterprises, private banking and government sectors. The company foresees revenue for the first year to exceed RM200 million, and to more than double the following year. The customers are based in the United States of America, the European Union, and the Middle East.

The Guest of Honour at the opening event was Dato’ Azman Mahmud, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), Mr. Michael Gardiner, Founder and Chief Executive Officer of Tactilis and Mr. Amedeo D’Angelo, the company’s Chairman.

On congratulating Tactilis, Dato’ Azman said, “MIDA welcomes Tactilis’ establishment which embraces elements of new technologies such as smart manufacturing, Internet-of-Things (IoT) and Industry 4.0. This significant investment will create business and job opportunities for Malaysians. For example, our local suppliers will benefit much especially those in the areas of automation equipment design. This will ultimately boost the competitiveness of our local suppliers in meeting international standards and enable them to integrate themselves into the global value chain.”

Tactilis has invested RM36 million to date and plans to invest an additional RM40 million to expand its Penang plant capabilities. This expansion will create another 100 job opportunities.

“This project is an example of the type of investments that we want to see coming into Malaysia. R&D certainly is a key factor in ensuring the viability and future success of any business. I believe with the establishment of this new Centre of Excellence, Tactilis will foster the right environment for innovation and game-changing ideas. The local youth with engineering backgrounds will gain much from the transfer of technology by working hands-on with the experts at Tactilis,”addedDato’ Azman.

In 2017, the country has successfully attracted investments amounting to RM197.1 billion in the manufacturing, services and primary sectors. These were from 5,466 projects that will generate an additional 139,520 job opportunities for the country.

For more information, please contact:

Ms Cindy Tan

Project Manager cum PA

Mobile: +60 12 465 8421 | Email: [email protected]

Website: www.tactilis.com 

Ms. Azlina Hamdan

Director, Electrical and Electronics Division, MIDA

Tel: 03 2267 3791 | Fax: 03 2260 1641 | Email: [email protected]

Website: https:// www.mida.gov.my

Media ReleaseTactilis

Posted on : 05 April 2018

 

Malaysia Welcomes Tactilis’ First Dedicated Biometric Smartcard Manufacturing Facility in Malaysia


Content Type:

Duration:

The National Supply Chain Conference on Rail Projects organised by the Malaysian Investment Development Authority (MIDA) was held today at the Putra World Trade Centre (PWTC), Kuala Lumpur. It attracted an overwhelming interest of more than 2,000 participants ranging from industry players as well as local authorities, business chambers and embassies

11 April 2018, Kuala Lumpur– The National Supply Chain Conference on Rail Projects organised by the Malaysian Investment Development Authority (MIDA) was held today at the Putra World Trade Centre (PWTC), Kuala Lumpur. It attracted an overwhelming interest of more than 2,000 participants ranging from industry players as well as local authorities, business chambers and embassies.

There was a panel presentation which discussed the opportunities available in the supply chains of the infrastructure projects that are currently taking place in Malaysia. The session, which was moderated by Mr Ibrahim Sani of Astro Awani, featured speakers from Suruhanjaya Pengangkutan Awam Darat (SPAD), Prasarana Malaysia Berhad (Prasarana), Mass Rapid Transit Corporation Sdn. Bhd. (MRT Corp), Malaysia Rail Link Sdn. Bhd. (MRL) and MyHSR Corporation Sdn. Bhd. (MyHSRCorp). There were also 28 key exhibits mainly focusing on the development of the rail projects in Malaysia, including Keretapi Tanah Melayu Berhad (KTM) and other rail-related industry players.

During his welcome remarks, Dato’ Azman Mahmud, Chief Executive Officer of MIDA said, “Developing opportunities for SMEs to participate in the supply chains of the MNCs in Malaysia has been an on-going effort of MIDA. Recognising that infrastructure development is an important catalyst to promote investments to spur the country’s economic growth, we are intensifying efforts to promote sustainable linkages between all stakeholders. We want to encourage the transfer of advanced technology, increase of employment opportunities and talent development as well as sustain the growth of local industry players including SMEs in various related industry sectors.”

In addition to the integrated public transportation system in Greater Kuala Lumpur and the Klang Valley, the Government is currently developing other rail projects to connect different parts of the country. For example, the High Speed Rail connecting Kuala Lumpur and East Jurong, Singapore; and the East Coast Rail Link between Port Klang to Tumpat, Kelantan will further grow the industrial clusters such as manufacturing facilities and services hubs along these railway corridors.

“Our work in ensuring a comprehensive ecosystem for Malaysia does not end here. MIDA has also embarked on a nationwide series to spur the development of industrial parks. Our Industrial Park Forum is a response to meet the needs of new emerging industries, particularly in terms of internet connectivity, industry 4.0 elements, efficient management of park facilities, eco-waste management and adequate supply of utility requirements. In the context of the rail industry, the Malaysia Rail Industry Corporation (MARIC), a group of 31 local rail industry companies, has come out with a proposal to set up a dedicated industrial park to streamline the rail industrial ecosystem. We are following closely on the development of this proposal and stand ready to assist where necessary,” added the MIDA CEO.

In conjunction to the Supply Chain conference, MIDA is holding a 2-day Career Fair which gave job seekers the opportunity to attend open interviews. The event was participated by 100 companies from a range of industries including the rail industry and offered 20,000 vacancies at different levels. There was also an exchange of Memorandums of Understanding (MoUs) between MyHSR Corporation and various institutions of higher learning to embed rail-related curriculum in their programmes. This exchange underscores the commitment and interest by all parties in churning out future-ready talents in tandem with the growth of this industry.

*****

For more information, please contact:

Mr. Ahmad Tajudin Omar

Director, Domestic Investment Division, MIDA

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

Mr. Mohamad Ismail Abu Bakar

Director, Industry Talent Management and Expatriate (Talent & Expatriate)

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

Download:

Speech by CEO of MIDA_National Supply Chain Conference on Rail Projects & Career Fair 2018

Posted on : 11 April 2018

Business And Job Opportunities Abound at MIDA’s National Supply Chain Conference on Rail Projects and Career Fair 2018


Content Type:

Duration:

Malaysia last year recorded a total of 109 electrical and electronics (E&E) industry projects with approved investments of RM9.7 billion to drive new business growth and job creation, positioning the region to accelerate its transition into a smart manufacturing hub.

KUALA LUMPUR – 10 April 2018 – Malaysia last year recorded a total of 109 electrical and electronics (E&E) industry projects with approved investments of RM9.7 billion to drive new business growth and job creation, positioning the region to accelerate its transition into a smart manufacturing hub.

Mr Arham Abdul Rahman, Deputy Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) said, “The E&E industry continues to be a significant driver of growth for Malaysia due to its cross-cutting linkages to other industries such as the machinery & equipment, transport and medical devices. Due to this, MIDA is pleased to once again partner with Semiconductor Equipment and Materials International (SEMI) in promoting the technological advancements taking place in the semiconductor industries through the SEMICON Southeast Asia 2018. We trust that this flagship event will bring not just meaningful impact to businesses but also contribute to the development of the whole ecosystem in the manufacturing sector.”

“Malaysia contributes 44% of the total manufacturing output and 26% of the total Gross Domestic Product of the Southeast Asia region, with a forecast to generate approximately USD382 billion in exports in 2018,” said Ng Kai Fai, President of SEMI Southeast Asia. “With this rapid expansion and robust progress of the E&E sector across Southeast Asia, the region’s electronics value chain is poised to capitalise on opportunities in vertical markets including automotive technology and industry 4.0.”

The significant growth sets the stage for SEMI, the global industry association serving the manufacturing supply chain for the micro- and nano-electronics industries, and MIDA (Malaysian Investment Development Authority), to once again bring SEMICON Southeast Asia to Malaysia. The event is the region’s premier industry gathering connecting innovators, products and technologies across the electronics manufacturing supply chain. For the first time, this event will be held in Kuala Lumpur at the newly constructed Malaysia International Trade and Exhibition Centre (MITEC) from 8 to 10 May 2018.

“With Southeast Asia and, in particular, Malaysia, rising as a world-class electronics manufacturing hub with end-to-end R&D capabilities, SEMICON Southeast Asia 2018 is a key platform for connecting electronics industry innovators and leaders from business, academia and research in the region,” Ng said. “Themed ‘Think Smart Make Smart’ , the event aims to foster the resilient and growing electronics manufacturing supply chain in Southeast Asia.”

Expected to draw 8,500 visitors from Southeast Asia, China, Taiwan, Europe and the United States, SEMICON Southeast Asia features three themed pavilions, five global pavilions, and a host of keynote presentations and forums that will address key, trending topics within the semiconductor ecosystem. Other event highlights include business-matching sessions, technical forums, workshops and seminars.

“MIDA and SEMI is also working closely with tertiary institutions and other industries towards promoting sustainable talent development in the E&E industry value chain. Among the featured talent initiative that will happen at the event include the Career Fair – involving more than 25 companies, a public-private dialogue with the Ministry of Education and Higher Education among others, as well as the SEMICON SEA University Programme that is specifically tailored to benefit post- and pre-graduates,” added the Deputy CEO of MIDA.

To register for SEMICON Southeast Asia 2018, please visit http://www.semiconsea.org/ or contact +65 6339 6361.

Southeast Asia 2018 sponsors include 3M, Advantest, Air Products, AMEC, Amkor Technology, Applied Materials, ASE Group, Bruker Corporation, Evatec, Festo, GLOBALFOUNDRIES, KLA-Tencor, Kulicke & Soffa, Lam Research, Malaysia Automotive Institute, MATRADE, Malaysian Industrial Development Finance Berhad, Malaysia Productivity Corporation, Ministry of International Trade and Industry, Mi Equipment, National Instruments, Rudolph Technologies, SME Bank, SME Corporation Malaysia, SPTS Technologies, TF AMD Microelectronics, Tokyo Electron, TORAY and Carl Zeiss Pte Ltd. Supporting partners includeMalaysia Convention & Exhibition Bureau, Ministry of Tourism and Culture Malaysia, Malaysia Investment & Development Authority, Saigon Hi-Tech Park, Semiconductor Fabrication Association Malaysia, Singapore Manufacturing Federation and Surface Mount Technology Association.

*******

About SEMI

SEMI® connects over 2,000 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. 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. Since 1970, SEMI has built connections that have helped its members prosper, create new markets, and address common industry challenges together. SEMI maintains offices in Bangalore, Berlin, Brussels, Grenoble, Hsinchu, Seoul, Shanghai, Silicon Valley (Milpitas, Calif.), Singapore, Tokyo, and Washington, D.C. For more information, visit www.semi.org and follow SEMI on LinkedIn and Twitter.

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. 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 TwitterInstagram and Facebook.

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

SEMICON SOUTHEAST ASIA – KEY HIGHLIGHTS

  • 1.CXO Speaks Forum: Strengthening Southeast Asia’s electronics manufacturing ecosystem and capturing new opportunities in the era of Internet-of-Things (IoT)

This by-invitation only forum will explore and discuss the missing links and opportunities from the perspectives of policy makers and industry leaders. It serves to provide deep insights into building a resilient and growing electronics industry for Southeast Asia.

  • 2.Southeast Asia Investment Forum (SAIF)

SAIF is an annual flagship event that showcases the diverse investment opportunities in the Southeast Asia region for the electronics manufacturing supply chain. This year, SAIF will host Malaysia, Vietnam, Singapore and Thailand to share the roadmaps and investments market in the electronics segment.

  • 3.Technology Innovation Forum – Smart Manufacturing

This keynote speech will delve into what smart manufacturing means for the future of the electronics manufacturing supply chain.

  • 4.SEMICON University Programme + Talent Career Fair 2018

SEMICON University provides the opportunity for students to learn more about the entrepreneurship microelectronics industry from executive leaders and educators while engaging with industry professionals through an interactive session.

  • 5.Three themed pavilions and five global pavilions
  • Smart Manufacturing
  • Future electronics manufacturing services (EMS)
  • World of IoT
  • 6.Five global pavilions
  • Malaysia – supported by: Ministry of International Trade and Industry, Malaysia External Trade Development Corporation (MATRADE), Malaysian Industrial Development Finance Berhad (MIDF), SME Corporation Malaysia (SME Corp), Malaysia Automotive Institute (MAI), Malaysia Productivity Corporation and Small Medium Enterprise Development Bank Malaysia Berhad (SME BANK)
  • Singapore
  • China
  • Europe
  • Taiwan
  • 7.Supplier-search Programme
  • An annual programme, this encourages cross border business matching as well as a technology start-up platform which will bring together all Southeast Asia technology entrepreneurial resources from across the region into one place, at one time. 

News Release – SEMI & MIDA PC

Posted on : 10 April 2018

MIDA & SEMI to Propel Malaysia’s Electronics Industry via SEMICON Southeast Asia 2018


Content Type:

Duration:

In line with the technological advancements taking place in Malaysia, the Malaysian Investment Development Authority (MIDA) signed a tripartite pact with Daher and France’s IoT Valley on 20 April 2018. The Memorandum of Understanding (MoU) will contribute towards promoting more investment and business cooperation between France and Malaysia, particularly in the development of IoT and logistics in Malaysia’s aerospace industry.

Paris, 23 April 2018 – In line with the technological advancements taking place in Malaysia, the Malaysian Investment Development Authority (MIDA) signed a tripartite pact with Daher and France’s IoT Valley on 20 April 2018. The Memorandum of Understanding (MoU) will contribute towards promoting more investment and business cooperation between France and Malaysia, particularly in the development of IoT and logistics in Malaysia’s aerospace industry.

Being a key player in Industry 4.0 and a global service provider in aerospace, Daher’s involvement will contribute towards creating and supporting the development of new innovative solutions in line with the Malaysian Aerospace Industry Blueprint 2030. Meanwhile, the IoT Valley will leverage on its dedicated ecosystem of Internet-of-Things (IoT) companies to provide the necessary digital and network support to boost this endeavour.

“MIDA is proud to be a part of this initiative that will deliver a great deal of added value to the aerospace industry in terms of innovative products and services being created, quality employment opportunities and businesses for the local supply chain. By utilising IoT technologies such as data analytics and sensors in logistic services for the aerospace industry, it would not only enhance the overall user experience for consumers but also benefit cost optimisation and energy efficiency. With this MoU, MIDA will work closely with Daher and IOT Valley to facilitate their investments in Malaysia. We foresee that the country would stand to benefit from the future-focused logistic solutions created through this partnership,” said Dato’ Azman Mahmud, Chief Executive Officer of MIDA who signed the MoU during the MIDA Investment Mission to France.

During the MoU signing, Daher was represented by Mr. Didier Kayat, the CEO of Daher while IoT Valley was represented by Mr. Bertran Ruiz, IoT Valley’s Head of Business. Daher will soon establish their regional office in Malaysia.

France is Malaysia’s 5th largest foreign investor in the manufacturing sector among the European Union member states. As at December 2017, a total of 117 manufacturing projects with French participation have been implemented with investments of RM3.5 billion. Majority of these investments were in petroleum products, machinery & equipment, transport equipment, chemical & chemical products and basic metal products. These investments have provided more than 10,000 job opportunities in the country.

“France is no doubt one of the important trading partners and source of investment for Malaysia. Many French companies have had a long standing presence in Malaysia and we are proud to host notable players such as STMicroelectronic, Lafarge, Arkema, Decathlon, Safran, Airbus, TechnipFMC, Saint-Gobain, and International SOS. We continue to welcome investments particularly in new growth areas. French companies have also been making Malaysia their regional and global hub. From 2006 to 2017, a total of 85 projects have been approved with investments of RM2.2 billion. These include ESI Group (Regional Office), Saint Gobain (Operational Headquarters), InfoVista (Operational Headquarters), Monin (Regional Distribution Center), Centre Technique Des Mecaniques-CETIM (Representative Office),” added the CEO of MIDA.

***

Link to photos:https://drive.google.com/open?id=19IKJvB-kV3AIEQOVhwJbj10dqjhgQUPR


About DAHER

Daher is an aircraft manufacturer, equipment supplier and service provider. In 2017, the company posted turnover of €1.1 billion, strengthening its leadership in three business lines: aircraft manufacturing, aerospace equipment and systems, and supply chain and logistics services. The family-owned company has been driven by innovation since its inception, in 1863. With operations in 11 countries, Daher has established itself as a key player in Industry 4.0 by designing and developing solutions that bring significant added value to its industrial partners.

About IOT Valley

Created in 2009 by four Toulouse entrepreneurs, the IoT Valley association has, since March 2015, developed an ecosystem dedicated to the Internet of Things (IoT). It now brings together 35 startups and 18 partners over 13,000m 2. The IoT Valley ecosystem is the answer to 3 major problems that hinder the development of IoT, namely the difficulty to launch, develop and finance an IoT project; the lack of IoT Business-to-Business startups because entrepreneurs are unaware of issues of intermediate-sized enterprise (ETI) and big companies; and the lack of understanding between ETI / big companies andstartupswho have trouble working together (temporality, process, decision-making structure, etc). The ambition of the IoT Valley is to develop the best ecosystem in the world in the Internet of Things.

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. 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 TwitterInstagram and Facebook.

For further information, please contact:-

Ms. Noorhazlina Mohamad Nor

Director, MIDA Paris

42, Avenue Kleber 75116 Paris, France

Tel: (331) 4727 6696/ 3689 | E-mail: [email protected]

Mr. Nelson Samuel Wilson

Director, Foreign Investment Promotion Division

MIDA HQ, KL Sentral, Kuala Lumpur, Malaysia

Tel.: +603-2267 3787 | Email: [email protected]

Media Release MOU MIDA IOT Valley DAHER final

Posted on : 23 April 2018

 

MIDA Signs Tripartite Pact with Daher & IoT Valley Woo More French Investments, Drive Innovation in Aerospace Logistics


Content Type:

Duration:

“There are many exciting developments happening in Terengganu that bodes well for business and job opportunities. The East Coast Rail Link (ECRL), Terengganu Silica Valley (TSV), Terengganu Technology Hub (TTH), Visit Terengganu 2018 and the rejuvenation of the Knowledge Park in Tembila – a boost to the development of human capital in the state,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) during its 5th instalment of the MIDA Invest Series today

18 April 2018, Kuala Lumpur – “There are many exciting developments happening in Terengganu that bodes well for business and job opportunities. The East Coast Rail Link (ECRL), Terengganu Silica Valley (TSV), Terengganu Technology Hub (TTH), Visit Terengganu 2018 and the rejuvenation of the Knowledge Park in Tembila – a boost to the development of human capital in the state,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) during its 5th instalment of the MIDA Invest Series today.

The series that started in January this year with Perlis and Kedah, followed by Kelantan and Pahang in February serves to provide updates and insights on the investment opportunities and facilities in each of Malaysia’s 13 states. The event continued today with a joint collaboration between MIDA and the Terengganu State Economic Transformation Unit (UTEN-T), featuring an in-depth presentation by the Executive Director and Chief Executive Officer of UTEN-T, Datuk Wan Mohd Albakri bin Wan Md. Noor.

Speaking briefly on the mega-projects taking place in Terengganu, Mr Arham said, “The ECRL with a total of 688km long route, that links Port Klang, Selangor, Pahang, Terengganu and end in Tumpat, Kelantan will contribute to greater development for the economy in the rural areas of the east coast. This will also be a catalyst to enhance the other upcoming significant projects such as the Terengganu Silica Valley (TSV) that is set to become the world’s first silica valley, and Terengganu Technology Hub (TTH) – the first creative and cultural hub that fosters symbiotic growth between culture and technology.”

TSV, launched on 3rd March 2018 by YAB Prime Minister, is set to create up to 7,200 jobs for locals and will be capable of producing medium-to-large-sized silica-based industrial materials. MIDA is part of this game changer through its Special Task Force, formed at end-2017, and has been engaging with the related Government agencies and utility providers. The Task Force is on track towards proposing implementable strategies and effective action plans for the next 5 years.

MIDA has also established a research desk on the silica and quartz value chain to identify gaps in the ecosystem and create opportunities to fill them towards developing a strong and comprehensive industry cluster towards higher-end downstream activities. This will provide opportunities for key players in the chemical, electrical & electronic, metal, green technology, glass and non-metallic industries.

As at December last year, among the states in the east coast of Malaysia, Terengganu records the highest amount of investments in the manufacturing sector. There were 210 implemented projects valued at RM33.9 billion. Most of these projects are from domestic sources recording a total of RM20.4 billion or 60% while the rest are from foreign sources. These projects, which have created over 20,000 job opportunities, are mainly in natural gas, petroleum products (including petrochemicals), basic metal products, rubber products and transport equipment industries.

Do look out for the next MIDA Invest Series and other programmes that will be coming soon. Interested parties are encouraged to follow MIDA’s social media for the latest announcements and updates at @OfficialMIDA on Facebook and /OfficialMIDA on Twitter.

*****

For more information, please contact:

Mr. Ahmad Tajudin Omar

Director, Domestic Investment & Supply Chain Division, MIDA

Tel.: 03-2267 3627

Email: [email protected]

Download:

 Speech by Mr. Arham Abdul Rahman, DCEO II -MIDA Invest Series Terengganu

Slide Presentation by UTEN-T

Posted on : 18 April 2018

MIDA Invest Series: Unfolding the Potential Of Terengganu


Content Type:

Duration:

The Malaysian Investment Development Authority (MIDA) is partnering with the Industrial Technology Research Institute (ITRI), Taiwan through a Memorandum of Understanding (MoU) to encourage, facilitate and promote economic cooperation in the areas of trade, investments and Small & Medium Enterprise (SME) development, particularly in Smart Manufacturing & Industry 4.0, Internet-of-Things and Circular Economy

Kuala Lumpur, 7 May 2018 – The Malaysian Investment Development Authority (MIDA) is partnering with the Industrial Technology Research Institute (ITRI), Taiwan through a Memorandum of Understanding (MoU) to encourage, facilitate and promote economic cooperation in the areas of trade, investments and Small & Medium Enterprise (SME) development, particularly in Smart Manufacturing & Industry 4.0, Internet-of-Things and Circular Economy.

Dato’ Azman Mahmud, Chief Executive Officer of MIDA and Dr. Chang Pei Zen, Executive Vice President of ITRI witness the signing and exchange of the MoU between senior representatives of both organisations. This affirms the commitment of MIDA and ITRI to facilitate joint projects such as applied research activities, training programs, and attachment programs; exchange technical information and expertise in the research and development of industrial technology; assist technical upgrading of scientists and engineers; as well as to encourage more collaboration between industry and research institutes.

“Today’s MOU signing with ITRI Taiwan adds to MIDA’s on-going initiative to drive the country’s R&D activities and Industry 4.0 agenda. MIDA acts as a conduit by working with entities such as ITRI to bring together the industry and academia to create fresh and exciting collaborations. We are optimistic that this initiative with ITRI will increase of technology capabilities and capacities of our industries and lead to further investments in new and emerging technologies. It is more crucial now than ever for companies to reassess and realign their business strategies to adapt to the current challenges of doing business. Intensifying innovation through strategic collaborations in R&D activities is one of the key components that would enable businesses to remain competitive and sustainable,” said Dato’ Azman.

Malaysian industries stand to benefit from ITRI’s expertise and network with other research and technology institutes in Taiwan through collaborations in new technologies and applications such as artificial intelligence, big data analytics, machine learning, vision and sensing technology and others.

In the long run, this contributes to the country’s shift towards having more Industry 4.0, higher value-added & industry-driven research activities. It will also promote the development of a circular economy, whereby waste and leakages are reduced or phased out through careful product design and management as well as efficient business models. This will lead to a more sustainable and productive model for businesses and the economy.

Status of Industry 4.0 in Malaysia

With Malaysia’s strong manufacturing base and comprehensive ecosystems that have been built over the years, the country has many attractive value propositions to become the hub for high value added and Industry 4.0 activities in the region. In driving Industry 4.0 in Malaysia, MIDA aligns its efforts with the 11th Malaysia Plan (11MP) which places emphasis on developing the information and communications technology industry, whereby smart manufacturing is among the focus areas.

In addition to the 11MP’s targeted industries of three catalytic subsectors of Electrical & Electronics, Machinery & Equipment and Chemicals as well as the two growth subsectors of Aerospace and Medical Devices, other focus areas include resource-based, healthcare and life-science industries, regional/global establishments, logistics, the ecosystem surrounding e-commerce and green technology. The manufacturing and related services sector will benefit from the country’s shift towards Industry 4.0 through improving productivity, strengthening the innovation capacity and capability, and development of a higher skilled workforce.

The Government has introduced various initiatives to drive industry 4.0. These include drafting of National Industry 4.0 Policy Framework, which is expected to be announced in the first half of 2018; establishing a high-level task force chaired by Secretary-General of MITI to spearhead the Government’s policy and strategy on Industry 4.0; and an industrial study on “Future of Manufacturing: Industry 3+2” by MIDA, which is expected to underscore the way forward for these industries vis-à-vis Industry 4.0.

MIDA, as the principal investment promotion agency of the country has been aggressively promoting investments in R&D for many years. The agency continues to step up our efforts to drive stronger R&D linkages between the industry, universities and research institutions. As to date, MIDA has approved 182 R&D projects with total investments of RM2.87 billion. These comprise of 76 Contract R&D, 58 In-House R&D, 30 approved R&D companies and 18 R&D Status companies. These R&D projects have brought innovative technologies to the industries in Malaysia. Notable projects include the service on tele-radiology in tele-medicine for the healthcare sector, formulation of active pharmaceutical ingredient for generic pharmaceutical, and the development of integrated nano-layered stretch films for industrial packaging materials.

MIDA has also awarded five R&D Status university-linked companies, which is a tax efficient way to invest in R&D activity. The five universities are Management and Science University (MSU), University Tenaga Nasional (UNITEN), The University of Nottingham Malaysia Campus (UNMC), University Malaysia Perlis (UniMAP) and Monash University Malaysia.

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

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. 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:-

Mr. Jeyasigan Nair

Director, Advanced Technology and R&D Division

MIDA HQ, KL Sentral, Kuala Lumpur, Malaysia

Tel.: +603-2267 6711 | Email: [email protected]

Mr. Nelson Samuel

Director, Foreign Investment Promotion Division

MIDA HQ, KL Sentral, Kuala Lumpur, Malaysia

Tel.: +603-2267 3787 | Email: [email protected]

About Industrial Technology Research Institute (ITRI)

Founded in 1973, Industrial Technology Research Institute (ITRI) has played a vital role in transforming Taiwan’s industries from labour-intensive into innovation-driven. Over the years, ITRI has incubated over 270 innovative companies, including well-known names such as UMC and TSMC.

ITRI continues to seek strategic collaborative partners from around the world. Key partners include Corning Glass, Underwriters Laboratories, and Applied Materials of the United States; Asahi Kasei, Nidec, and AIST of Japan; Evonik, Heraeus, and Fraunhofer of Germany; TNO of the Netherlands; VTT of Finland; Ericsson of Sweden; and NRC of Canada.

With international partners and overseas offices in Silicon Valley, Tokyo, Berlin, Moscow and Eindhoven, ITRI is able to remain globally competitive and connected. Its efforts in technological innovations have been recognized by prestigious honors such as the Wall Street Journal’s Technology Innovation Awards and R&D 100 Awards and 2017 Clarivate Analytics Top 100 Global Innovator.

For further information, please contact:-

Mr. Chin Liang, Shee

ITRI International Center

Tel.: +886 3 591 3500 | Email: [email protected]

Download:

Welcome Remarks by CEO of MIDA – MoU MIDA ITRI

Posted on : 07 May 2018

MIDA-ITRI Taiwan MoU, Driving Malaysia Towards Industry 4.0


Content Type:

Duration:

The Malaysian Investment Development Authority (MIDA) signed and exchanged a Memorandum of Understanding (MoU) with Cosmetic Valley France (CVF) during a MIDA Mission to Paris led by the Chief Executive Officer (CEO) on 19 April 2018. This MoU reflects the shared ambition between both entities to develop a sustainable cosmetics and personal care industry cluster in Malaysia through the sharing of information, mutual promotional initiatives and R&D efforts particularly in the Halal segment. Ultimately, this will contribute towards providing new and innovative products to the market and enhancing economic growth for both Malaysia and France.

The Malaysian Investment Development Authority (MIDA) signed and exchanged a Memorandum of Understanding (MoU) with Cosmetic Valley France (CVF) during a MIDA Mission to Paris led by the Chief Executive Officer (CEO) on 19 April 2018. This MoU reflects the shared ambition between both entities to develop a sustainable cosmetics and personal care industry cluster in Malaysia through the sharing of information, mutual promotional initiatives and R&D efforts particularly in the Halal segment. Ultimately, this will contribute towards providing new and innovative products to the market and enhancing economic growth for both Malaysia and France.

Paris, 23 April 2018 – The Malaysian Investment Development Authority (MIDA) signed and exchanged a Memorandum of Understanding (MoU) with Cosmetic Valley France (CVF) during a MIDA Mission to Paris led by the Chief Executive Officer (CEO) on 19 April 2018. This MoU reflects the shared ambition between both entities to develop a sustainable cosmetics and personal care industry cluster in Malaysia through the sharing of information, mutual promotional initiatives and R&D efforts particularly in the Halal segment. Ultimately, this will contribute towards providing new and innovative products to the market and enhancing economic growth for both Malaysia and France.

Signing the agreement, Dato’ Azman Mahmud, CEO of MIDA said, “We are excited to work with CVF, a renowned point of reference for global cosmetics, to advance the development of this industry in Malaysia through various initiatives. This includes leveraging on promotional platforms such as Cosmetic 360 – an international event which showcases creativity and innovation in the cosmetic industry supply chain; facilitating business matching sessions that allow our local players to tap into the technical and regulatory know-how of French companies; and supporting research & innovation as well as training efforts among all stakeholders through projects such as Cosmetopeia.”

Malaysia’s rich biodiversity and natural resources makes the country an ideal location to be part of the global supply chain for the cosmetics and personal care industry as consumers today are seeking more natural and organic products.

“By making Malaysia their cluster, global cosmetic companies can benefit from the availability of the necessary ingredients and increase cost efficiency due to the close proximity. Meanwhile, local industry players stand to benefit from the exchange of expertise and access to international platforms and initiatives by taking advantage of France’s position as a world leader in the cosmetic industry with a 14.8% market share and home to major renowned brands. There is much our local players can learn from as a lot of their success is attributed to the large investments made in R&D. In fact, most global cosmetic companies spend between 1.5% and 4.5% of their annual turnover (sales) on R&D and there are approximately 6,000 patents filed by the European cosmetics and personal care industry. We hope to see this success emulated in Malaysia,” added Dato’ Azman.

Foreign companies have been leveraging on Malaysia’s comprehensive halal ecosystem developed over the years. Encompassing a wide spectrum of activities going beyond food production, Malaysia halal products including cosmetics and toiletries have carved a niche globally that are known for its quality which is recognised globally. This is further recognised by the collaboration between MIDA and CVF.

***

Link to photos:https://drive.google.com/open?id=1kX3ZriknR71gSOH39WSC5fDbXPtidjdc

About Cosmetic Valley France

Created in 1994, Cosmetic Valley became a ‘competitiveness cluster’ in 2005. Now, as the world’s leading centre of resources in cosmetics and perfumery, it is setting the standard in the world of cosmetics. As the driving force behind a world-renowned industry and the world’s leading exporter, this national cluster embodies the values of the ‘Made in France’ brand: innovation, performance, product safety and respect for the environment. Its role is to support the academic and industrial stakeholders within the perfumery and cosmetics industry in increasing their knowledge and skills, by means of commercial development (networking, export support for SMEs, etc.) and improvement of their competitiveness (creation of research and innovation projects, etc.).

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. 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 TwitterInstagram and Facebook.

For further information, please contact:-

Ms Noorhazlina Mohamad Nor

Director, MIDA Paris

42, Avenue Kleber 75116 Paris, France

Tel: (331) 4727 6696/ 3689

E-mail: [email protected]

Mr. Nelson Samuel

Director, Foreign Investment Promotion Division

MIDA HQ, KL Sentral, Kuala Lumpur, Malaysia

Tel.: +603-2267 3787

Email: [email protected]

Media ReleaseMIDA MoU CVF final

Posted on : 28 April 2018 

MIDA Inks MoU with Cosmetic Valley France Set to Boost Innovation in Halal Cosmetics Industrial Cluster in Malaysia


Content Type:

Duration:

SEMICON Southeast Asia, the region’s premier gathering of the global electronics manufacturing supply chain, today opened it’s 22-24 May exposition, for the first time in Kuala Lumpur, showcasing IoT, smart manufacturing, autonomous driving, virtual reality (VR), and other smart technologies. Themed “Think Smart Make Smart,” SEMICON Southeast Asia 2018 brings together industry experts from around the world for critical insights into the semiconductor ecosystem, new business opportunities and collaboration.

KUALA LUMPUR – May 22, 2018 – SEMICON Southeast Asia,
the region’s premier gathering of the global electronics manufacturing supply
chain, today opened it’s 22-24 May exposition, for the first time in Kuala
Lumpur, showcasing IoT, smart manufacturing, autonomous driving, virtual
reality (VR), and other smart technologies. Themed “Think Smart Make Smart,”
SEMICON Southeast Asia 2018 brings together industry experts from around the
world for critical insights into the semiconductor ecosystem, new business
opportunities and collaboration.

Speaking
at the opening ceremony, Ng Kai Fai,
President of SEMI Southeast Asia said that the show’s debut in Kuala Lumpur
underscores the significance of the Electrical and Electronics (E&E)
segment’s economic contribution to Malaysia. The show’s debut in Kuala Lumpur endeavours to bridge Malaysia’s three
(3) important electronics clusters while at the same time, serve as a central
connection point to the rest of Southeast Asia’s electronics manufacturing
supply chain. “With the rapid proliferation of digital technology across a
multitude of applications market namely; Industrial IoT, Communications, Data
Processing, Automotive and Consumer Electronics, Southeast Asia electronics
manufacturing especially Malaysia, Singapore, Thailand, Vietnam and Philippines
will continue to expand the semiconductor market share and growth.”

Being a partner to SEMI for SEMICON Southeast Asia
2018 for the 4th year in a row, the CEO of the Malaysian Investment Development Authority (MIDA), Dato’
Azman Mahmud said, “The E&E industry has always been a primary engine
of growth due to its strong inter-linkages to other sub-sectors. Through
platforms like SEMICON, we seek to continuously foster a resilient and robust
E&E manufacturing supply chain in Southeast Asia. Having a strong
industrial base, Malaysia is moving towards becoming a state-of-the-art
manufacturing center that is capable of providing total supply chain solutions.
We want to become a regional hub for design and development, high value
products and activities, and ultimately, the leading location of choice for FDI
and growth of local industry.”

SEMICON Southeast Asia 2018 is expected to draw more
than 8,000 visitors, an all-time event record, to the new Malaysia
International Trade & Exhibition Centre (MITEC). The three-day event
features three themed pavilions, four global pavilions, and inspiring keynote
presentations and a host of technology forums to address key issues in the
electronics manufacturing supply chain.

The World of IoT pavilion highlights SEMICON Southeast
Asia 2018 with applications and technologies enabling the IoT revolution. This
interactive experience features semiconductor innovations powering autonomous driving,
smart AI devices, VR and other leading-edge technologies. Start-ups demonstrating
pioneering and disruptive products and applications also highlight the
pavilion. Two other themed pavilions focus on Smart Manufacturing and Future
Electronics Manufacturing Services (EMS).

To address the critical industry shortage of skilled
workers, the SEMICON Southeast Asia University Program and Electronics Talent
Career Fair bring together some of the world’s most influential companies
including Applied Materials, Intel, LAM
Research and Globalfoundries with potential workers for new employment
opportunities.

SEMICON Southeast Asia highlights also include the
popular Supplier Search Programme, business-matching sessions, industry VIP
networking, and the Southeast Asia Investment Forum (SAIF). This year SAIF hosts
Malaysia and Vietnam as they share roadmaps and explore collaborative investments
in the global supply chain.

SEMICON Southeast Asia 2018 sponsors include 3M, Advantest, Air Products, AMEC, Amkor Technology, Applied
Materials, ASE Group, ASM Technologies, Evatec,
Festo, GLOBALFOUNDRIES, Hitachi High-Technologies, KLA-Tencor,
Kulicke & Soffa, Lam Research, Mi EQUIPMENT, National Instruments, Rudolph
Technologies, SCREEN Semiconductor Solutions, SPTS Technologies, TF AMD Microelectronics, Tokyo
Electron, TORAY and Carl Zeiss Pte Ltd. Supporting partners
include Malaysia Investment & Development Authority, Malaysia External Trade
Development Corporation, Ministry of International Trade and Industry,
Ministry of Tourism and Culture Malaysia, Malaysia Convention & Exhibition
Bureau, Malaysia Automotive Institute, Malaysia Productivity Corporation, Malaysian
Industrial Development Finance Berhad, SME Bank, SME
Corporation Malaysia, The Institution of Engineers Malaysia, INTI International
University & Colleges, InvestPenang, Semiconductor
Fabrication Association of Malaysia,
Small And Medium Enterprises Association, Surface
Mount Technology Association, Singapore Manufacturing Federation and Saigon
Hi-Tech Park.

About SEMI

SEMI® connects over 2,000 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. 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. Since 1970, SEMI has built connections that have
helped its members prosper, create new markets, and address common industry
challenges together. SEMI maintains offices in Bangalore, Berlin,
Brussels, Grenoble, Hsinchu, Seoul, Shanghai, Silicon Valley (Milpitas,
Calif.), Singapore, Tokyo, and Washington, D.C. For more information,
visit www.semi.org and follow SEMI on LinkedIn and Twitter.

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

 

Largest Ever SEMICON Southeast Asia Showcases Smart Technologies


Content Type:

Duration:

“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.

****

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.

——————————————————————————————————————————————-

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


Content Type:

Duration:

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


Content Type:

Duration:

The logistics industry is expanding rapidly in Malaysia especially in the Klang Valley, in tandem with the robust growth of the digital economy and industry 4.0 in the country. Recognising the potentials of Selangor to become the logistics gateway to South East Asia catering to the needs of the ASEAN and APAC region, the Malaysian Investment Development Authority (MIDA) and Invest Selangor jointly organised the Investment Forum on Logistics Industry with the theme, ‘Deepening Logistics Supply Chain in Selangor’ at the Concorde Hotel Shah Alam today

10 July 2018, Shah Alam – The logistics industry is expanding rapidly in Malaysia especially in the Klang Valley, in tandem with the robust growth of the digital economy and industry 4.0 in the country. Recognising the potentials of Selangor to become the logistics gateway to South East Asia catering to the needs of the ASEAN and APAC region, the Malaysian Investment Development Authority (MIDA) and Invest Selangor jointly organised the Investment Forum on Logistics Industry with the theme, ‘Deepening Logistics Supply Chain in Selangor’ at the Concorde Hotel Shah Alam today.

The half day event, which attracted approximately 200 logistics players, was officiated by YB Dato’ Teng Chang Khim, Senior Executive Councillor of Selangor State Government. Also present at the event was Mr. Arham Abdul Rahman, Deputy Chief Executive Officer of MIDA and Dato’ Hasan Azhari Hj. Idris, CEO of Invest Selangor.

In YB Dato’ Teng’s speech, it was highlighted that this is the first time ever for Invest Selangor and MIDA to organise an Investment Forum on Logistics Industry. He believes that this initiative will continue in order to position the industry in Selangor and make the state a regional hub for logistics. “We want to see more collaborations and cooperations between Invest Selangor and MIDA as well as other related agencies and organisations to boost the logistics supply chain in Selangor,” said YB Dato’ Teng.

Meanwhile, the Deputy CEO of MIDA said, “Being the world’s 24th largest trading nation, Malaysia’s logistics industry plays an integral role in enabling the growth of the country’s supply chain. From MIDA’s on-going engagements with the industry, we noticed an increasing trend of companies venturing into more specialised activities. We hope to see more industry players emulating some of these best practices as well as leveraging on the facilities provided by the Government, such as the Integrated Logistics Services (ILS) and International Integrated Logistics Services (IILS) to encourage the growth of Malaysian companies in the logistics industry.”

As at April 2018, MIDA has approved 89 ILS projects with total investment of RM5.9 billion. Meanwhile, 123 companies have been approved with IILS status enabling them to obtain the Freight Forwarding License from Customs.

Dato’ Hasan in his welcoming remarks said that Invest Selangor’s commitment is to ensure all the necessary business friendly features are made available in the state. He is confident that Selangor will continue to be the most competitive place to do business in the ASEAN landscape, providing the best and most conducive investment environment for local and foreign investors.

The Malaysia Institute of Transport (MITRANS) in collaboration with MTRANS Logistics and Transportation Solutions (MTLT) also launched its Malaysia Logistics Performance Index (MLPI) during the event today. The MLPI establishes performance indicators for the freight logistics industry in Malaysia based on the views of industry professional particularly the local logistics service providers and manufacturers. It also provides comparisons with the findings from the Logistics Performance Index (LPI) conducted by the World Bank. This interactive database can be used as a one stop data centre towards developing a more comprehensive strategic plan for Malaysia’s logistics industry.

The investment forum aimed to provide more insights on the logistics industry’s readiness in terms of technology, talent development and infrastructure. The panel discussion was moderated by the Chairman of the Federation of Malaysian Manufacturer’s Selangor branch with panellists that consisted of key speakers from Sin-Kung Logistics, Port Klang Authority, MITRANS and Logistics Worldwide Express (LWE). Selangor Logistics Clinics (Business Matching Sessions) were also provided for participants to engage with 10 related organisations at the forum.

***********

ABOUT INVEST SELANGOR

Invest Selangor Berhad is the first contact point for corporations planning to invest in Selangor, Malaysia. We are a one-stop agency, which provides information and advisory services to potential and existing investors as well as assistance in setting up operations in Selangor. If you wish to learn more about Invest Selangor, please visit our website: www.investselangor.my

For more information, please contact:

Mr. Azrul Shah Mohamad / Mrs. Haslinda Hussin

Corporate Communications Division, Invest Selangor Berhad

Tel: 603 55102005 | Emails: [email protected] / [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 more information, please contact:

Puan Roeslina Abbas

Director, Business Services & Supply Chain Innovation Division, MIDA

Tel: 03-2267 6676 | Email: [email protected]

Puan Noor Aini Samoon

Director, MIDA Selangor

Tel: 03-5518 4260 | Email: [email protected]

Download:

Speech by Mr. Arham (MIDA DCEO)_Investment Forum on Logistics, 10 July 2018

Speech by YB Dato’ Teng Chang Khim (Selangor Exco)_Investment Forum on Logistics, 10 July 2018

Speech by Dato’ Hasan (Invest Selangor)_Investment Forum on Logistics, 10 July 2018

Posted on : 10 July 2018

MIDA Collaborates With Invest Selangor to Boost Logistics Supply Chain


Content Type:

Duration:

Exemplary Human Capital Initiatives Towards Building Industry Ready Talents

Kuala Lumpur, July 5, 2018 – Osram Opto Semiconductors (M) Sdn. Bhd, announced today that the company has given a new lease of life to MYR2.4 million worth of semiconductor and photonic equipment from its Penang factories by giving it to Universiti Sains Malaysia (USM), Universiti Malaysia Perlis (UniMAP), Universiti Malaya (UM) and National University of Malaysia (UKM). The equipment will be used to provide hands-on educational experience for students interested in joining the high-tech industry.

“We are confident that this initiative would contribute in many ways, especially by enabling lecturers and students to be familiar with the latest technologies in the industry. By working closely with an industry player, these universities are able to use a cost effective solution to put theory into practice and train up industry ready talents. MIDA is happy to support such initiatives and we seek to facilitate more of such impactful collaborations between the industry and academia,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) who delivered the speech on behalf of Dato’ Azman Mahmud, Chief Executive Officer of MIDA.

“This collaboration demonstrates Osram’s continuing commitment to invest in education and the community that it operates in,” said Dr Roland Mueller, the CEO of Osram Malaysia. “By donating our manufacturing equipment for use in universities, we are helping to train the next generation of engineers,” he added.

Osram’s support is part of the collaboration with MIDA and the four universities as key element of the Industry-Academia Collaboration (IAC) initiative aimed at enriching university curriculum to enhance graduate employability.

The equipment will help the universities develop research and development labs while at the same time allow lecturers to teach on photonics and semiconductors technology without creating additional capital investments for the universities.

“FDI has played an important role in the development of Malaysia’s economy due to its multiplier impact. When MIDA attracts FDI, we want to ensure that these investments bring along positive spill overs, such as enhancing the country’s technological capabilities, developing the local supply chain, increase the country’s export revenue and contribute to skills creation. Today’s event is an example of a foreign investment that has contributed much to Malaysia. MIDA would like to encourage other global companies to emulate these practices and bring the E&E industry to the next level of technology sophistication and competitiveness,” added Mr Arham.

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

PRESS CONTACTS

Audrey Cheah

Phone: +6012-4297730

E-mail: [email protected]

Melanie Zhou

Phone: +86 (21) 53318819

E-mail: [email protected]

ABOUT OSRAM

OSRAM, based in Munich, is a leading global high-tech company with a history dating back more than 110 years. Primarily focused on semiconductor-based technologies, our products are used in highly diverse applications ranging from virtual reality to autonomous driving and from smart phones to smart and connected lighting solutions in buildings and cities. OSRAM uses the endless possibilities of light to improve the quality of life for individuals and communities. OSRAM’s innovations enable people all over the world not only to see better, but also to communicate, travel, work and live better. OSRAM has approximately 26,400 employees worldwide as of end of fiscal 2017 (September 30) and generated revenue of more than €4.1 billion. The company is listed on the stock exchanges in Frankfurt and Munich (ISIN: DE000LED4000; WKN: LED400; trading symbol: OSR). Additional information can be found at www.osram.com

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:-

Mdm. Azlina Hamdan

Director, Electrical and Electronics Division

03-2267 3791 | [email protected]

Mr. Mohamad Ismail Abu Bakar

Director, Industry Talent Management And Expatriate Division

03-2267 6715 | ismail @mida.gov.my

Download: 

Speech by DCEO of MIDA_OSRAM

Posted on : 05 July 2018

 

Osram Donates Specialised Equipment To Four Malaysian Universities


Content Type:

Duration:

Malaysia is striving to become a leading F&B exporter through Foreign Direct Investments (FDIs) that would attract established brands and with the provision of right support for local companies in meeting global standards. Foreign companies that are seeking to set up their export hubs in Malaysia will be drawn to an ecosystem which has the right infrastructure in place, and where production cost can be reduced while productivity increased – outcomes that can only be achieved through the power of digitalization or smart manufacturing.

  • F&B market players in Malaysia can soon harness the benefits of digitalization once it is rolled-out industry-wide resulting from this MoU partnership between Siemens and MIDA
  • Digitalization for the F&B sector would create opportunities for manufacturers to compete at a higher level, to save on costs and resources, and to enable faster time-to-market for their products and services
  • As a digitalization leader globally, Siemens hopes to bring technical know-how and transfer of knowledge to local manufacturers who are increasingly faced with new challenges in today’s dynamic business landscape 

Malaysia is striving to become a leading F&B exporter through Foreign Direct Investments (FDIs) that would attract established brands and with the provision of right support for local companies in meeting global standards. Foreign companies that are seeking to set up their export hubs in Malaysia will be drawn to an ecosystem which has the right infrastructure in place, and where production cost can be reduced while productivity increased – outcomes that can only be achieved through the power of digitalization or smart manufacturing.

And in this effort to integrate digitalization into Malaysia’s F&B industry, multi-national conglomerate Siemens Malaysia collaborated with the Malaysian Investment Development Authority (MIDA) for the first-ever ‘Recipe for the Future 2018’ event organized today at MIDA’s headquarters in Kuala Lumpur here. The event was held for an audience of 250 participants and customers comprising industry players and F&B manufacturers to gain insights and find opportune possibilities on the solutions and services that could be catered to their specific needs and requirements. A Memorandum of Understanding (MoU) was signed between Siemens Malaysia and MIDA to signify the collaboration between both parties in improving the capacity and competitiveness of the industry through the adoption of digitalization and technology.

For manufacturers, they are guided by new set of expectations like having to consistently push out a high level of product quality, to ensure maximum plant availability, to have optimum resource efficiency, and to increasingly offer the greatest possible flexibility in developing products for their end customers.

These defined standards for manufacturing operations of the future are compounded today by some of the biggest challenges facing the food and beverage sector, namely a fragmented manufacturing environment and aging infrastructure that inhibit productivity. From incompatible equipment by the different vendors across different generations, mismatched proprietary interfaces and standards, to deteriorating machinery that increases the risk of downtime, the implementation of high-tech automation is seen as the answer to enabling maximum plant-wide interoperability. This would encompass concepts like an intuitive, uniform interface, a single engineering platform for all tasks, an integrated and real-time system diagnostics as well as integrated, built-in safety that guarantees customers with better machine uptime.

At Siemens, the proposed single solution of a Plant Wide Automation (PWA) concept would thus offer features like a plant data interface for fast and standardized integration of machines, as well as line monitoring and controlling system to offer real-time acquisition and analysis of production relevant data for the customer to continuous supervise over the plant performance and its optimization. Additionally, the PWA will help to address significant improvements in speed, flexibility and efficiency – serving to reduce time-to-market with shorter innovation cycles to beat volatile markets, generating individualized mass production with greater transparency, as well as keeping energy and resource efficiency to the optimum with higher productivity.

In factory automation, the Optimized Packaging Line by Siemens will enable for a modern filling and packaging solution through the integration of a Totally Integrated Automation concept. This means that a wholly integrated automation along the entire production line – like the goods receiving area, the processing and production aspects to the finished goods warehouse – is now possible through perfectly coordinated range of hardware and software that can communicate with each other.

The half-day F&B event was jointly graced by Siemens Malaysia President & CEO, Mr Indranil Lahiri and Mr Arham Abdul Rahman, MIDA’s Deputy CEO who represented Dato’ Azman Mahmud, CEO of MIDA. According to Indranil, the extensive know-how and established portfolio for the different verticals and market knowledge meant that Siemens is able to support its customers of this F&B sector in Malaysia to make the digital leap and bring value to any parts of the supply chain process.

With digitalization, manufacturers can meet the global benchmark for productivity and consistency and soon, Malaysia would become the export pull hub for mass production. This partnership with important government agencies like MIDA will facilitate the support system required for the adoption of digital technologies and reach out to the larger base of MIDA customers,” added Indranil.

Following the MoU signing ceremony, speakers from MIDA and Siemens shared on topicssuch as the Future of Manufacturing in F&B, and Government Facilitation with Funds and Incentives. A marketplace showcase was also held featuring various solutions by customers, a simulation demo kit on Industry 4.0, and individual business consultation sessions.

Dato’ Azman, in his speech which was delivered by Mr Arham, highlighted that in Malaysia, the F&B industry has developed significantly over the years with new technology and innovations in tandem with global economic growth. As at March 2018, MIDA approved a total of 2,153 F&B manufacturing projects with investments of RM51.2 billion. While the food processing industry is growing, it only accounts for about 10% of the manufacturing output. To seize growing opportunities, MIDA encourages more companies to work with technology solution providers such as Siemens and invest in technology, upskilling of talents and R&D activities to create new growth opportunities and maintain their competitiveness. Manufacturers that focus on optimising their operations and innovating products to offer new value to their customers will end up becoming true winners.

*****

For media inquiries, please contact:

Vasanthe Narayanasamy

Head of Communications

Siemens Malaysia

Email: [email protected]

Office: +603-7952 4180

Mobile: +6012-315 0515

mailto:[email protected]

Mohd Rasli Muda

Director, Food Technology and Resource Based Division

Malaysian Investment Development Authority (MIDA)

Email: [email protected]

Tel: 03- 2267 3643

Fax: 03- 2274 8467

Website: www.mida.gov.my

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.

Download:

Speech by Mr. Arham Abdul Rahman (DCEO of MIDA)_MIDA-Siemens Seminar_F&B

Posted on : 19 July 2018 

In Propelling the Nation to Becoming a Leading F&B Exporter, Siemens Malaysia Partners MIDA to Digitalize the F&B Industry


Content Type:

Duration:

Development of KLIA Aeropolis & Subang Airport Regeneration Initiative to Spur High Value Added FDI

KUALA LUMPUR, 13 July 2018 – Malaysia Airports Holdings Berhad (MAHB) inked a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to further collaborate in the promotion and facilitation of activities relating to the KLIA Aeropolis and Subang Aerotech Park development. The signing agreement between YM Raja Azmi Raja Nazuddin, the acting Group Chief Executive Officer of Malaysia Airports and Datuk N. Rajendran, Deputy CEO of MIDA took place at the MIDA HQ earlier today.

The main objective of the MoU is to explore potential areas of collaboration between Malaysia Airports and MIDA to facilitate foreign direct investments into Malaysia via promotion and implementation of investments that would achieve value accretion to the national economy – focusing on the KLIA Aeropolis, a flagship airport city development within the 100-square kilometer of KLIA land in Sepang, Selangor, and the implementation of the Subang Airport Regeneration Initiative.

KLIA Aeropolis, which is centred around three core clusters, namely Air Cargo & Logistics, Aerospace & Aviation, and Meetings, Incentives, Conferences and Exhibitions (“MICE”) & Leisure, shall focus on the off-terminal real estate development that is synergistic with Malaysia Airports’ existing airport operations. The catalytic project under the Air Cargo & Logistics cluster to develop 60-acres of land for the ASEAN regional eCommerce with Cainiao, the logistics arm of Alibaba, is set to double KLIA’s air cargo volume from 0.7 million tonnes per annum to 1.3 million tonnes per annum by 2028.

According to Raja Azmi, “KLIA Aeropolis will draw additional passenger and cargo traffic to KLIA beyond its organic growth rate via catalytic projects. This will contribute to global competitiveness of Malaysia by enhancing activities centred around increasing connectivity.”

Malaysia Airports is also embarking on theSubang Airport Regeneration Initiative, which is a strategic initiative to revitalise the Subang Airport ecosystem, where Subang Airport is envisioned to be positioned as a vibrant city airport, a hub for business aviation and a complete aerospace ecosystem.

The Subang Aerotech Park has been identified as a key catalyst to the aerospace sector in Malaysia and poised to be positioned as the leading aerospace hub within South East Asia. Subang Aerotech Park has many strategic advantages with its growing ecosystem maturity, vicinity to the KL city centre, excellent transport network, highly accessible amenities and an urban population supplying ready-manpower. Key initiatives and promotional programmes are mapped out to attract the aerospace companies and populate the earmarked land area.

“The regeneration initiative at Subang Aerotech Park upon completion will increase high-value job creation to circa 5,000 jobs”, Raja Azmi said.

Both the KLIA Aeropolis and Subang Airport Regeneration Initiative shall be carried out in alignment with Malaysia Airport’s goals and aspirations in championing the Industry 4.0 principles, where state-of-the-art facilities and advanced technologies e.g. automated and digitized facilities systems, green technology, and high-specification build-to-suit facilities to be integrated within a synergistic ecosystem development.

“MIDA acts as a conduit by working with entities such as MAHB to bring together the industry and other stakeholders to create fresh and exciting collaborations. We are confident that these efforts will contribute in the long term to provide a conducive environment for businesses to thrive. Understanding the needs of our investors, we seek to not only promote the development of industrial ecosystems but also to ensure that the enablers are in place. This include having the right infrastructure and facilities in place to cater to the requirements of businesses, particularly those that are value added, capital-intensive, knowledge-intensive and can provide quality business and job opportunities to Malaysians,” said Datuk N. Rajendran.

“By working with key developers such as MAHB, MIDA is able to better facilitate the interest of investors. Meanwhile, MAHB is able to leverage on our close relationship with the industries. Through this partnership, we look forward to providing more options to our investors in their selection of sites. We trust that it will translate to more quality investments coming in to Malaysia, particularly for the logistics and aerospace industries, as well as other supporting industries,” added the Deputy CEO I of MIDA.

Today, Malaysia is home to more than 200 companies involved in maintenance, repair and overhaul (MRO), aero-manufacturing, education & training, systems integration and engineering & design activities. For the first 3 months of 2018, the aerospace industry registered approved investments of RM175.4 million from 4 manufacturing projects and RM8.59 million from 1 MRO (maintenance, repair and overhaul) project.

Malaysia Airports is actively working with partners such as MIDA to create value through synergistic collaboration to facilitate the requirements of global multinational companies in operating their facilities within the KLIA Aeropolis and Subang Airport development locations. This is a key enabler for Malaysia Airports to ensure successful investment plans as evidenced in the collaboration with foreign investors such as Cainiao Network and Mitsui Fudosan.

*****

About Malaysia Airports

Malaysia Airports is one of the world’s largest airport operator groups in terms of number of passengers handled. It manages and operates 39 airports in Malaysia and one international airport in Istanbul, Turkey. The 39 airports in Malaysia comprise of five international airports, 16 domestic airports and 18 Short Take-Off and Landing Ports (STOLports). Its main airport, the Kuala Lumpur International Airport, which also houses klia2, the 4th best terminal serving low-cost carriers (as rated by Kytra for year 2018) is striving towards being the preferred global aviation hub. The two latest marketing awards won by Malaysia Airports at the prestigious Routes Asia 2018 for the “Overall” and “Over 20 Million Passengers” categories is a testimony to the organisation’s commitment in providing the best connectivity at all its airports. Over the years, Malaysia Airports and its airports have also received numerous other awards that acknowledged its commitment towards excellence in various areas such as service, engagement, corporate responsibility and governance.

Malaysia Airports Holdings Berhad is listed on the Main Board of Bursa Malaysia Securities Berthed (“Bursa Malaysia”)

For more information on MAHB, please visit www.malaysiaairports.com.my.

Issued by Corporate Communications Division, Malaysia Airports

For further information on the press release, kindly contact: –

Nik Anis Nik Zakaria (General Manager, Corporate Communications) at 019-3350272 / [email protected]

or Ayu Jamli at 019 206 7516 / [email protected]

or Kellyn Ching at 019 655 5800 / [email protected]

or Nurul Fatin Hisham at 019-403 6155/ [email protected]

or email: [email protected]

Follow us on Twitter @MY_Airports, Facebook @Malaysia Airports & Instagram @MalaysiaAirports

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.

For further information, please contact:-

Mr. Nelson Samuel Wilson

Director, Foreign Investment Promotion Division

03-2267 3787 | [email protected]

Ms Roeslina Abbas

Director, Business Services & Supply Chain Innovation Division

03-2267 6676 | [email protected]

Download:

Speech by Datuk N. Rajendran (DCEO I of MIDA)_MoU between MIDA & MAHB

Posted on : 13 July 2018

 

Malaysia Airports Inks MoU with MIDA


Content Type:

Duration:

To Meet Requirements of Industry of the Future

28 August 2018, Johor Bharu – Industrial Park developers are urged to create substantive systemic change to ensure the enhancement and redevelopment of industrial parks in Malaysia are sustainably met.

“With the Industry 4.0 being underway, there is a critical need for the park developers to develop the next generation of industrial clusters that are well equipped with the state-of-the-art facilities and infrastructure to cater to the next wave of industries.The strengthening of our manufacturing ecosystem requires real actions and sustainable progress, and we need to be vigilant about our infrastructure being put in place as there is no any other way around it,” said Y.B. Dr. Ong Kian Ming, Deputy Minister of International Trade and Industry today.

Dr Ong highlighted that even though there are more than 500 industrial parks throughout the country, majority of these parks are not able to meet investors’ requirements. “Most companies, particularly foreign investors are becoming more demanding as they require not only a good infrastructure for the manufacturing park but also the amenities within the self-contained township with eco-friendly features and of international standards,” he said.

The Deputy Minister of MITI made the call at the Industrial Park Forum for Southern Region held at Holiday Villa Hotel, Johor Bharu today. The second event of the series takes on the theme of “Strengthening the Manufacturing Ecosystem”.

Also speaking at the event, Mr. Arham Abdul Rahman, Deputy CEO of MIDA said, “Industrial parks are the key elements of infrastructure that support the growth of today’s global economy. A well-developed park can be an incubator to attract high quality investments into the country, and hence,we have to re-engineer our industrial parks to meet the demand of investors.”

“There is a great need to have a single body or authority to oversee and regulate the industrial parks and assist potential investors in identifying suitable locations to place their facilities,” he continued.

The joint event, organised by the Malaysian Investment Development Authority (MIDA) and the Federation of Malaysian Manufacturers (FMM), was well attended by various stakeholders includingbusiness chambers, local authorities, park developers & managers, utility companies, manufacturers and potential investors.

The Forum featured a panel discussion by a broad range of speakers from UEM Sunrise Berhad, Sime Darby Property Berhad, Iskandar Halal Park, AME Development, Malaysian French Chamber of Commerce Industry, Hersheys Malaysia, i2m Ventures, Almer Malaysia, Telekom Malaysia and Tenaga Nasional Berhad (TNB).

It was also announced that MIDA and FMM will be publishing a Directory of Industrial Parks in Malaysia that will serve as a single reference point for investors and industry players to identify suitable locations for their facilities. The Directory, which is expected to be finalised and published after the completion of the Industrial Park Forum series will entail all available industrial parks in Malaysia, by state in terms of type, size and price to assist investors make well-informed business decisions.

***

For more information, please contact:

Mr. Ahmad Tajudin Omar

Director, Domestic Investment and Supply Chain Coordination Division, MIDA

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

Download: 

Speech by Mr. Arham Abd. Rahman (DCEO of MIDA) _Industrial Park Forum for Southern Region

 Talking Points by YB Dr. Ong Kian Ming (DM MITI)_Industrial Park Forum for Southern Region

Posted on : 28 August 2018

Industrial Parks Developers to Step up Their Game


Content Type:

Duration:

Moving Businesses Towards Greater Innovation, Productivity & Efficiency

KUALA LUMPUR, 25 September 2018 –“Malaysia has emerged as one of the global trendsetters in textile and apparel wear. From the streets of Paris to the catwalks of New York, Malaysian designers have had the honour of creating clothing that have been worn by celebrities, members of royalty as well as heads of states. Going forward, we want to see more entrepreneurs adopting higher value-added processes and technologies. We want to build a stronger and more comprehensive ecosystem, one that focuses on talent, skills and innovation,” said Datuk Isham Ishak, Secretary General of the Ministry of International Trade and Industry (MITI) during the Fashion & Design Conference 2018 held at the Malaysian Investment Development Authority (MIDA) today.

Datuk Isham also elaborated that Industry 4.0 technologies such as the Internet of Things (IoT) have impacted both the front end as well as back end of the textile and apparel industry. “The digital transformation will open up opportunities for completely new and efficient business models. This can lead to more innovative and enhanced products, higher productivity and growth. Nonetheless, we understand that it is not easy for a company to transition into this digital era. The shifts within an organisation’s internal structure and operating processes will be challenging, but the transformation is necessary,” Datuk Isham added.

In continuing with the momentum from the Kuala Lumpur Fashion Week (KLFW) 2018, the full day event aims to create more awareness on the availability of new technologies, facilitate exchanges of information and encourage more value added activities towards bringing Malaysia’s fashion and design industry to the next level of development.

Dato’ Azman Mahmud, Chief Executive Officer of MIDA in his opening remarks said, “The textile and apparel industry has been a consistent contributor to the national economy in terms of investments and export earnings. In 2017, the industry was the 11th largest contributor for exports of manufactured goods, amounting to RM15.3 billion. During the same period, MIDA has approved 12 projects with total investments of RM428.8 million, mainly in the production of primary textiles, ready to wear garments, and textile accessories sub-sectors. These projects have generated a total of 1,850 job opportunities including skilled positions such as engineers, quality controllers and highly skilled technicians. I am also pleased to share that many international fashion brands such as Brook Brothers, Armani, Victoria Secret, Marks & Spencer, GAP, Adidas, Nike, Burberry and Ralph Lauren are being made in Malaysia.”

“We believe that many more Malaysian textile and fashion entrepreneurs are capable of becoming international players as we have many talents. Nevertheless, there are many practical steps that are needed in upscaling their businesses. Companies are encouraged to take advantage of the available facilities that MIDA offers such as the matching grant under the Domestic Investment Strategic Fund, Automation Capital Allowance (ACA) incentive to increase their productivity and moreover, quality,” added the MIDA CEO.

This Fashion & Design Conference 2018, which attracted about 300 participants, was organised by MIDA in collaboration with KLFW, Malaysia Design Council (MRM), UniKL, Mimpikita, Kelab Usahawan Artis Tanah Air (KUAT), Ernst & Young, Lewré Bespoke and Malaysia Textile and Apparel Centre (MATAC). It featured a talk titled‘Towards Fashion & Design Technology’ by Mr Jonathan Rees from Ernst & Young; a plenary session on ‘What’s Next’ moderated by Professor Emeritus Dato’ Dr. Ahmad Zainuddin, Chairman of MRM and a business networking session.

In efforts to promote Malaysian products and talents, there was a performance by rising Malaysian artist Ms Irene Catalina and a mini-showcase featuring products by local and multinational corporations such as KUAT, the Federation of Goldsmiths and Jewellers Associations of Malaysia, YaPEIM Gold, Noor Arfa Batik, B.U.M Equipment, Malaysian Textile Manufacturers Association (MTMA), Malaysian Garment Manufacturers Association (MGMA), Malaysian Knitting Manufacturers Association (MKMA), Malaysian Footwear Manufacturers Association (MFMA), Kraftangan Malaysia and MATAC. The showcase was also participated by industry solution providers ranging from full fledge manufacturing solution providers, 3D printing solutions and artificial intelligence. The companies include Siemens, Rockwell, Zul Design, TXMR, T.E.M. Engineering and Robopreneur.

***

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.

For further information, please contact:-

Mdm Najihah Abas

Director, Building Technology & Lifestyle Division

[email protected] | 03-2267 6717

Posted on : 25 September 2018

Malaysian Textile and Fashion Entrepreneurs to Leap to the Next Level


Content Type:

Duration:

wpChatIcon