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.

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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

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.

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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 Twitter, Instagram 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

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.

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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 Twitter, Instagram 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

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

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.

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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 Twitter, Instagram 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

2 April 2019, Kuala Lumpur – The Localisation Programme for Automotive Industry 2019 with the theme “Local2Global” organised by the Malaysian Investment Development Authority (MIDA) in collaboration with the Malaysian Automotive Association (MAA) at MIDA headquarters today received an encouraging response from the automotive industry players. The event, which was well attended by over 100 participants ranging from MAA members, including the Original Equipment Manufacturers (OEMs) and local vendors discussed among others, initiatives to increase localisation activities that will benefit all stakeholders as well as to encourage more investments in the industry.

Mr Arham Abdul Rahman, Deputy Chief Executive Officer of MIDA, in his speech said, “The Government has always considered localisation as one of the important elements to further develop the local automotive industry. We are pleased to gather a remarkable representation across the automotive industry including both the OEMs and vendors at this platform. I believe that through a strong participation between all stakeholders, the efforts towards enhancing the development of Malaysia’s automotive industry can be made possible. We are certainly looking forward to seeing more investments in the industry that brings about the transfer of technologies and expertise creating new capacities and help contribute to the creation of high-value jobs”.

As of 2018, the Malaysian automotive industry has 27 vehicle manufacturers (OEMs) producing cars as well as two-wheelers and commercial vehicles. It contributes about RM40 billion or 4% to Malaysia’s GDP, with a workforce of more than 600,000, of which 53,000 for aftermarket establishments, and around 800 for parts and components suppliers. For the period 2012 to 2018, MIDA has approved a total of 396 projects in the automotive industry with investments worth RM20.5 billion.

“Despite this achievement, there is no room for complacency. Advances in technology, changing consumer demands, increasing competition, rising disposable incomes and the proliferation of brands and products offer today’s industries more choice than ever before. I would like to encourage the auto players to get involved and participate fully from all initiatives undertaken. Companies that thrive in this new world of revolution do not have to be the biggest. They only need to be flexible in customising their products to meet customers’ needs,” Mr Arham added.

Datuk Aishah Ahmad, President of MAA, highlighted in her opening address said,” The automotive industry is one of the leading industrial sectors in Malaysia. Therefore, the initiative by MIDA in organising today’s programme is indeed very laudable and timely. It is essential that the industry works hand-in-hand with all stakeholders including the government in ensuring we can be very competitive, produce better and more affordable vehicles, regardless of whether for the export or local market.”

The event featured a sharing session by PERODUA, several speakers’ session by local vendors such as Continental Automotive Malaysia, Malaysian Automotive Lighting, KYB-UMW Malaysia, Morrissey Technology and FEC Cables (M), and a one-to-one business matching session between the OEMs and local vendors.

Following the overwhelming feedback received from the participants, MIDA will continue to organise similar series of engagements to promote localisation activities for broader group of vendors in other industries such as the electrical & electronics and machineries.

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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 an active 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:

Mr Zahirul Ishak

Director, Transportation Technology Division, MIDA

Tel: 03- 2267 6621 | Email: [email protected]

Download:

Speech by DCEO I_Localisation Programme for Automotive Industry 2019