NIMP 2030 compliance boon for investment in Melaka - MIDA | Malaysian Investment Development Authority
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NIMP 2030 compliance boon for investment in Melaka

NIMP 2030 compliance boon for investment in Melaka

23 Nov 2023

The Investment, Trade and Industry Ministry (Miti) hopes the three new industrial areas to be developed by the Melaka government can prioritise the mission, strategy and action plan outlined in the New Industrial Master Plan 2030 (NIMP 2030).

Its Minister Tengku Datuk Seri Zafrul Abdul Aziz said it will bring positive changes to the Melaka industrial sector in addition to complying with the National Industry Environmental, Social and Governance Framework (i-ESG Framework) which was launched in October to help the momentum of the country’s transition to sustainability and achieving net zero carbon emissions.

“One of the presentations by Miti during the meeting was about NIMP 2030 which is how this new policy is aligned with the industrial development needs of the state of Melaka to increase industrial growth and improve the investment ecosystem.

“This presentation on NIMP is in line with the proposals highlighted by the Melaka state government to develop new industrial areas in MCORP Hi-Tech Park, German Industrial Park and Elkay Industrial Park Phase 2 (ELKAY 2), as well as recognising the Melaka Waterfront Economic Zone (M-WEZ) as the National Economic Regional Corridor,” he said at a press conference after chairing the Joint Committee on Industry Coordination (JBI) meeting which was also attended by Melaka Chief Minister Datuk Seri Ab Rauf Yusoh and state secretary Datuk Zaidi Johari here today.

Tengku Zafrul said the Melaka government’s initiative to develop industrial areas capable of supporting a high-tech industrial ecosystem, innovating and producing products and services with high added value is very welcome because it is in line with the vision and goals of NIMP 2030 launched by Miti on Sept 1.

He said NIMP 2030 was also designed to overcome the imbalance in industrial development between states in Malaysia, including Melaka.

“The state government plays an important role in developing industries based on the state’s economic strength and working with Miti and other ministries to strengthen economic clusters that will produce greater economic spillover effects.

“Miti will continue to strengthen cooperation with all state governments including through the JBI platform in planning industrial development programmes and export promotion, refining new proposals to increase investment and strengthen service delivery at the local authority level,” he said.

Meanwhile, Ab Rauf said the meeting between the state government, Miti as well as agencies and ministries has given a good indication for Melaka to take steps to introduce new industrial areas.

He said it will also ensure that plans made by the state government will get full support from the federal government, especially to advance M-WEZ.

“We need support from all government agencies (federal) and the ministry to ensure the new capital city of Malacca (i.e. M-WEZ) becomes a reality,” he said.

Source: Bernama