The Malaysian Investment Development Authority (MIDA) is partnering with CETIM (the French leading Technical Centre for Mechanical Industry) through a Memorandum of Understanding (MOU) to promote and facilitate cooperation in the niche engineering and manufacturing technology, including in emerging fields such as Smart Manufacturing, Industry 4.0 and Circular Economy.

The MOU highlights MIDA and CETIM’s collaboration to further strengthen Malaysia’s technological ecosystem by attracting quality investments. Both parties will undertake joint initiatives such as applied research activities, training and attachment programmes; exchange technical information and expertise in the research and development of industrial technology, with local higher learning institutes and research organisations.

In welcoming CETIM to consider setting up its Asia Pacific office here in Malaysia as their Regional Centre, Dato’ Azman Mahmud, Chief Executive Officer of MIDA, iterated that the MOU is a direct reflection of the MIDA’s on-going initiative to enhance Malaysia’s technological landscape in line with the national Industry 4.0 agenda.

“MIDA has always been a conduit between entities such as CETIM, industry players and academia to create effective new collaborations in line with Malaysia’s investment aspiration agenda to develop high value-added, capitaland knowledge-intensive industries. Especially now, given how the pandemic has changed the way we live and do business, there are unprecedented vacuum and emerging opportunities within the technological sphere for our stakeholders to tap upon.” said Dato’ Azman.

As the leading French player in mechanical engineering innovation and R&D, CETIM’s reputation and capabilities could provide comprehensive services to Malaysia’s industries to improve competitiveness through mechanical engineering, transfer of innovations and advanced manufacturing solutions.