"Despite all efforts, there are still lack of awareness within the local business community on various facilities and support provided by the State and Federal Governments. Moreover, in today’s globalised world, competition is more intense, coming not just from developed economies but also from the developing countries. Therefore, the Government is making every effort to ensure the readiness of our local industry players in enhancing and sustaining their competitiveness. I look forward to more local SMEs going into high tech and high value-added ventures. We cannot continue to rely on low cost, low tech and labour-intensive strategies to grow our industries. Together, let us build a business landscape that is innovative, creative and sustainable, focusing on the future.” he added.
Mr. Arham Abd. Rahman, Deputy Chief Executive Officer of MIDA in his welcoming remarks, said “The Government is providing
Companies are urged to not only adopt automation and other smart technologies, but to also invest in talent development by retraining their workforce and undertake collaborations with training institutions that are available in the country.” The Sarawak Domestic Investment Seminar 2019 was well attended by over 200 participants from various fields, including government agencies, manufacturers, service providers and potential investors. The seminar featured panel sessions by speakers from MIDA, MATRADE, MIDF, EXIM Bank, MPC, Standards Malaysia and SIRIM.