On 29 October 2019, YB Datuk Darell Leiking, Minister of International Trade and Industry, launched the establishment of the Federation of Malaysian Fashion, Textiles & Apparels (FMFTA) in MIDA headquarters, themed ‘Fashion and Technology Shaping the Future’. The launching was attended by over 200 participants, including industry experts, designers as well as representatives of associations. The event included a talk on ‘Fashion-Tech Shaping the Future’, followed by a Fashion-Tech Showcase. Dato' Sri Tan Thian Poh has been elected as the Chairman of FMFTA Pro-tem Committee.
According to YB MITI Minister, “FMFTA will represent the collective and cohesive voice of the local textiles and apparels industry. This Federation will play an essential role in establishing the vital linkages to build a stronger comprehensive ecosystem with participation from multiple stakeholders, focusing on talent, skills and innovation. This is a crucial stepping stone to develop and enhance the coordination and promotion of the local industry, boosting domestic consumption and improving integration of stakeholders into the global value chain.”
YB Datuk Darell also launched the Handbook of Malaysian Designers in Fashion, Textiles and Apparels produced by MIDA and partners during the event. The Handbook, which consists of over 400 designers in the country, will be a useful reference material for stakeholders to seek information and opportunities as well as a medium to promote products and services to both domestic and international business communities.
Dato’ Azman Mahmud, CEO of MIDA, in his opening speech highlighted that the Malaysian fashion retail industry is very dynamic, in line with the changing trends and evolving consumer demands. Looking at the upstream and downstream segments of the industry, a total of 1,195 textiles and apparels projects, worth RM12.6 billion have been implemented within the country, as of December 2018. These projects have created over 155,000 job opportunities. For the first half of 2019, MIDA has approved an additional investment of RM94.4 million in 5 projects.
Download MIDA Newsletter October 2019