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Malaysia Continues to Attract Business Interest

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Kuala Lumpur, 16 August 2019 – “Despite the challenging global economic landscape and more intense competition, Malaysia continued to sustain its investment growth momentum in the first half of 2019 (1H2019),” said YB Datuk Darell Leiking, Minister of International Trade and Industry (MITI).

Malaysia recorded a total of RM92.0 billion of approved investments in the services, manufacturing and primary sectors for 1H2019, a modest increase of 7.6% compared with RM85.5 billion for the same period last year. These investments involved 2,554 projects and will create 59,542 employment opportunities in the country.

The services sector accounted for the largest share of the total with investments amounted to RM55.0 billion or 59.8%, followed by the manufacturing sector with RM33.1 billion (36.0%) and primary sector with
RM3.9 billion (4.2%).

“In 1H2019, foreign investments in the manufacturing, services and primary sectors increased by 97.2% to RM49.5 billion from RM25.1 billion recorded in the first half of 2018. Domestic investments approved in 1H2019 amounted to RM42.5 billion, contributing 46.2% to the total. This illustrates Malaysia competitive and comparative advantages in attracting investments amid mounting global market uncertainties and trade war tensions,” said YB Datuk Darell.

Services Sector

A total of 2,150 services projects were approved in 1H2019. These projects are expected to create more than 28,650 job opportunities. The real estate sub-sector remains as the largest contributor with RM18.5 billion despite a decline of 35.1% from 1H2018. However, the global establishment, distributive trade, utilities and the hotel and tourism sub-sectors have all recorded increases during the period, accounting for 54.4% of total approved investments in the services sector. The distributive sub-sector, in particular, recorded a significant rise of 277.8% to RM10.2 billion from RM2.7 billion in 1H2018 for the period of January to June 2019.

Domestic investments made up the larger portion, recording RM32.6 billion or 59.3% of the total approved investments for the sector during this period while the remainder, RM22.4 billion were from foreign sources.

A notable services project approved in 1H2019 is the large scale solar (LSS) expansion project to be undertaken by TNB Bukit Selambau Solarin Bukit Selambau, Kedah. The LSS project with a capacity of 30 MWAC will provide renewable energy (RE) totalling 1,700MW by the year 2025. This is in line with the Government’s target of achieving 20 per cent of the country’s electricity to be generated from renewable sources by 2030.

Manufacturing Sector

The positive investment growth of 1H2019 was driven by the robust performance of the manufacturing sector that soared by 74.2% compared to 1H2018. Malaysia’s manufacturing sector recorded approved investments of RM33.1 billion from 366 manufacturing projects for the first half of 2019 as compared to RM19.0 billion from 288 manufacturing projects in the same period last year. Majority of the investments, 75.8% or RM25.1 billion were from foreign investments and the remaining 24.2% or RM8 billion were from domestic sources.

The approved manufacturing projects will create 30,449 job opportunities the largest potential employer in the economy. The jobs created include 1,829 electrical and electronics engineers, 896 mechanical engineers and 211 chemical engineers. In addition, the projects will also require about 2,886 skilled craftsmen such as plant maintenance supervisors, tools and die makers, machinists, IT personnel, quality controllers, electricians and welders.

The top foreign sources were from the United States of America (USA) with investments of RM11.7 billion, followed by China (RM4.8 billion), Singapore (RM3.1 billion), Japan (RM2.1 billion) and the British Virgin Islands (RM1.4 billion). These five countries jointly accounted for 92.0% of total foreign investments approved in the manufacturing sector for this period.

“The expansion project of Longi Technology (Kuching) from China is amongst the notable high technology project approved from January to June 2019. The company is expanding its capacity to produce monocrystalline solar cell to meet demand in overseas markets. Other approved projects include a new project from Advance Energy Industries and expansion projects by On Semiconductors and Plexus Manufacturing. These three companies are from the USA,” added YB MITI Minister.

“Malaysia has vast potentials to collaborate with foreign companies and benefit through the transfer of technologies and expertise that cut across many industries. The Ministry of International Trade and Industry (MITI) through MIDA continues to encourage local sourcing by foreign companies.

We want to see more local companies to be part of the global value chain,” said YB MITI Minister.

As the Government is drafting the 12th Malaysian Plan, the contribution of the catalytic and high growth subsectors namely electrical & electronics, chemical & chemical products, machinery & equipment, medical devices and aerospace emphasised under the 11th Malaysia Plan Mid-Term Review cannot be denied. In 1H2019, these sectors contributed RM19.1 billion or 57.7% of total approved investments in the manufacturing sector through 131 approved project. Once implemented, these projects will potentially create 16,732 job opportunities and further energise the development of the overall manufacturing sector.

Malaysia has consistently pursued more capital intensive projects: moving away from labour-intensive projects to high-skilled and technologically advanced projects that support the sustainable development agenda of the nation. The capital intensity, measured by capital investment per employee (CIPE) ratio of projects approved within the sector increased toRM1,088,715 in January to June 2019 from RM837,862in the same period last year.

By value of investments, Pulau Pinang (RM9.2 billion), Kedah (RM7.7 billion), Selangor (RM6.0 billion), Johor (RM4.0 billion) and Perak (RM1.7 billion) accounted for 86.4% of the total approved investments in the manufacturing sector.

Primary Sector

The primary sector contributed RM3.9 billion or 4.2% to the total approved projects in the first half of 2019. The mining subsector continued to lead with approved investments of RM3.6 billion, followed by plantation and commodities with RM257.3 million and agriculture with RM48.6 million. These investments are expected to create 443 job opportunities.

The agriculture sector illustrated a modest growth of 25.6% to RM48.6 million during 1H2019 from RM38.7 million during 1H2018 driven by approved investments in crops-related agriculture project.

Conclusion

“Malaysia is striving to keep the nation’s deficit, inflation and unemployment low while putting in place policies that are pro-business. The Government is investing in human capital, technology and infrastructure and focusing on sharpening the countries competitive edge. Coupled with strategic promotions to welcome quality investments that will contribute to enhancing the country’s technological capabilities, develop the local supply chain and increase the country’s export revenue, Malaysia’s 1H2019 investment performance is the testament of the Government’s commitment to remain pro-business with prudent and pragmatic policies to ensure a conducive environment for businesses to thrive,” said YB Datuk Darell Leiking.

************************************

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 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, @OfficialMIDA.

Malaysia Continues to Attract Business Interest


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Foreign Investments in the Manufacturing, Services and Primary Sectors Increase by 97.2%

Kuala Lumpur, 16 August 2019 – “Despite the challenging global economic landscape and more intense competition, Malaysia continued to sustain its investment growth momentum in the first half of 2019 (1H2019),” said YB Datuk Darell Leiking, Minister of International Trade and Industry (MITI).

Malaysia recorded a total of RM92.0 billion of approved investments in the services, manufacturing and primary sectors for 1H2019, a modest increase of 7.6% compared with RM85.5 billion for the same period last year. These investments involved 2,554 projects and will create 59,542 employment opportunities in the country.

The services sector accounted for the largest share of the total with investments amounted to RM55.0 billion or 59.8%, followed by the manufacturing sector with RM33.1 billion (36.0%) and primary sector with RM3.9 billion (4.2%).

“In 1H2019, foreign investments in the manufacturing, services and primary sectors increased by 97.2% to RM49.5 billion from RM25.1 billion recorded in the first half of 2018. Domestic investments approved in 1H2019 amounted to RM42.5 billion, contributing 46.2% to the total. This illustrates Malaysia competitive and comparative advantages in attracting investments amid mounting global market uncertainties and trade war tensions,” said YB Datuk Darell.

Services Sector

A total of 2,150 services projects were approved in 1H2019. These projects are expected to create more than 28,650 job opportunities. The real estate sub-sector remains as the largest contributor with RM18.5 billion despite a decline of 35.1% from 1H2018. However, the global establishment, distributive trade, utilities and the hotel and tourism sub-sectors have all recorded increases during the period, accounting for 54.4% of total approved investments in the services sector. The distributive sub-sector, in particular, recorded a significant rise of 277.8% to RM10.2 billion from RM2.7 billion in 1H2018 for the period of January to June 2019.

Domestic investments made up the larger portion, recording RM32.6 billion or 59.3% of the total approved investments for the sector during this period while the remainder, RM22.4 billion were from foreign sources.

A notable services project approved in 1H2019 is the large scale solar (LSS) expansion project to be undertaken by TNB Bukit Selambau Solarin Bukit Selambau, Kedah. The LSS project with a capacity of 30 MWAC will provide renewable energy (RE) totalling 1,700MW by the year 2025. This is in line with the Government’s target of achieving 20 per cent of the country’s electricity to be generated from renewable sources by 2030.

Manufacturing Sector

The positive investment growth of 1H2019 was driven by the robust performance of the manufacturing sector that soared by 74.2% compared to 1H2018. Malaysia’s manufacturing sector recorded approved investments of RM33.1 billion from 366 manufacturing projects for the first half of 2019 as compared to RM19.0 billion from 288 manufacturing projects in the same period last year. Majority of the investments, 75.8% or RM25.1 billion were from foreign investments and the remaining 24.2% or RM8 billion were from domestic sources.

The approved manufacturing projects will create 30,449 job opportunities the largest potential employer in the economy. The jobs created include 1,829 electrical and electronics engineers, 896 mechanical engineers and 211 chemical engineers. In addition, the projects will also require about 2,886 skilled craftsmen such as plant maintenance supervisors, tools and die makers, machinists, IT personnel, quality controllers, electricians and welders.

The top foreign sources were from the United States of America (USA) with investments of RM11.7 billion, followed by China (RM4.8 billion), Singapore (RM3.1 billion), Japan (RM2.1 billion) and the British Virgin Islands (RM1.4 billion). These five countries jointly accounted for 92.0% of total foreign investments approved in the manufacturing sector for this period.

“The expansion project of Longi Technology (Kuching) from China is amongst the notable high technology project approved from January to June 2019. The company is expanding its capacity to produce monocrystalline solar cell to meet demand in overseas markets. Other approved projects include a new project from Advance Energy Industries and expansion projects by On Semiconductors and Plexus Manufacturing. These three companies are from the USA,” added YB MITI Minister.

“Malaysia has vast potentials to collaborate with foreign companies and benefit through the transfer of technologies and expertise that cut across many industries. The Ministry of International Trade and Industry (MITI) through MIDA continues to encourage local sourcing by foreign companies.

We want to see more local companies to be part of the global value chain,” said YB MITI Minister.

As the Government is drafting the 12th Malaysian Plan, the contribution of the catalytic and high growth subsectors namely electrical & electronics, chemical & chemical products, machinery & equipment, medical devices and aerospace emphasised under the 11th Malaysia Plan Mid-Term Review cannot be denied. In 1H2019, these sectors contributed RM19.1 billion or 57.7% of total approved investments in the manufacturing sector through 131 approved project. Once implemented, these projects will potentially create 16,732 job opportunities and further energise the development of the overall manufacturing sector.

Malaysia has consistently pursued more capital intensive projects: moving away from labour-intensive projects to high-skilled and technologically advanced projects that support the sustainable development agenda of the nation. The capital intensity, measured by capital investment per employee (CIPE) ratio of projects approved within the sector increased toRM1,088,715in January to June 2019 from RM837,862in the same period last year.

By value of investments, Pulau Pinang (RM9.2 billion), Kedah (RM7.7 billion), Selangor (RM6.0 billion), Johor (RM4.0 billion) and Perak (RM1.7 billion) accounted for 86.4% of the total approved investments in the manufacturing sector.

Primary Sector

The primary sector contributed RM3.9 billion or 4.2% to the total approved projects in the first half of 2019. The mining subsector continued to lead with approved investments of RM3.6 billion, followed by plantation and commodities with RM257.3 million and agriculture with RM48.6 million. These investments are expected to create 443 job opportunities.

The agriculture sector illustrated a modest growth of 25.6% to RM48.6 million during 1H2019 from RM38.7 million during 1H2018 driven by approved investments in crops-related agriculture project.

Conclusion

“Malaysia is striving to keep the nation’s deficit, inflation and unemployment low while putting in place policies that are pro-business. The Government is investing in human capital, technology and infrastructure and focusing on sharpening the countries competitive edge. Coupled with strategic promotions to welcome quality investments that will contribute to enhancing the country’s technological capabilities, develop the local supply chain and increase the country’s export revenue, Malaysia’s 1H2019 investment performance is the testament of the Government’s commitment to remain pro-business with prudent and pragmatic policies to ensure a conducive environment for businesses to thrive,” said YB Datuk Darell Leiking.

************************************

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 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, @OfficialMIDA.

Posted on : 16 August 2019

Malaysia Continues to Attract Business Interest


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The Seminar on the New Era of Manufacturing for Furniture & Wood-Based Industry by Malaysian Investment Development Authority (MIDA) held on 23 January 2019 in Kota Kinabalu received encouraging interest from industry players. The immediate response came from three companies based in Peninsular Malaysia that would like to leverage resources available in Sabah and expand their business operations in the State. To facilitate these companies’ interests, MIDA arranged discussions with Yayasan Sabah, POIC Lahad Datu and Sabah Softwood Berhad towards strategic collaborations

25 January 2019, Kuala Lumpur – The Seminar on the New Era of Manufacturing for Furniture & Wood-Based Industry by Malaysian Investment Development Authority (MIDA) held on 23 January 2019 in Kota Kinabalu received encouraging interest from industry players. The immediate response came from three companies based in Peninsular Malaysia that would like to leverage resources available in Sabah and expand their business operations in the State. To facilitate these companies’ interests, MIDA arranged discussions with Yayasan Sabah, POIC Lahad Datu and Sabah Softwood Berhad towards strategic collaborations.

The event, which focused on automation and smart manufacturing to promote the adoption of industry 4.0 among the wood-based industry players, was officiated by Datuk Madiyem Layapan, Permanent Secretary of Sabah Ministry of Trade & Industry. It attracted nearly 150 participants including those from outside of Sabah and featured presentations by Department of Industrial Development & Research (DIDR), Sabah State Forestry Department, ABB Malaysia Sdn Bhd and Malaysian Timber Industry Board (MTIB). They shared on the current status of the infrastructure and the availability of resources in Sabah as well as product innovation and potential in downstream activities.

Datuk N. Rajendran, Deputy Chief Executive Officer of MIDA during his welcoming remarks said, “With abundant natural resources, Sabah is poised for more investments in the wood and wood-based industry. The recent announcement made by Yang Amat Berhormat Datuk Seri Panglima Haji Mohd Shafie Bin Haji Apdal to make Sandakan as a furniture centre in Sabah is certainly a step in the right direction for the State. MIDA acknowledges the importance that furniture and wood-based industry plays as one of the key industries to be developed in the State.”

As at September 2018, a total of 2,919 projects on furniture and wood-based products projects have been approved by MIDA with investment worth RM33.02 billion. Majority of these investment or 67% (RM22.14 billion) were from domestic sources, while the rest (33% or RM10.88 billion) were from foreign investments. For Sabah, MIDA has approved a total of 466 furniture and wood-based projects with total investments of RM5.36 billion.

One of the participants, Mr. Jason Lee, Manager of Forest Avenue International Sdn Bhd said, “Going downstream has proven to be very profitable for West Malaysia. In Sabah’s perspective, this direction can never be wrong. The future of Sabahans depends on their willingness to move out of their comfort zone and be ready to embrace the real world market.”

According to Mr. Tan Peng Juan, Chairman of Sabah Timber Industries Association (STIA), “To address on the issue of export ban of logs, STIA has suggested on establishment of a working committee that consist of Sabah-based industry representatives and Government agencies. The aim is to assist the government in facilitating the new forestry policy, to ensure that the correct form of investment is brought into Sabah, and to monitor the progress of industrial development. It is essential for the state government to have a permanent collaboration with industry players to ensure that there is a consistency in short-, mid- and long-term plans under the new forestry masterplan. STIA also insisted that Sabah state government should give clear direction on the permanent ban of export of timber logs from Sabah.”

Due to the good feedback received, MIDA will continue to organise similar engagements in Sabah to promote more investments in the wood-based industry. It will feature bankers to facilitate financial assistance.

***

For more information, please contact:

Mr. Mohd Rasli Muda

Director, Food Technology & Resource-Based, MIDA

Tel.: 03-2267 3643| Email: [email protected]

Posted on : 25 January 2019

More Investors Expressed Interest in Sabah’s Furniture And Wood-Based Industry


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Four IHLs Receive Automation Equipment Worth RM200,000 from Muehlbauer

Kuala Lumpur, 22 January, 2019 – Muehlbauer Technologies announced at the headquarters of the Malaysian Investment Development Authority (MIDA) today that the company is donating RM200,000 worth of automation integrated systems known as the Beckhoff mock-up units from its Melaka operations to the Universiti Malaysia Pahang (UMP), Universiti Technical Malaysia Melaka (UTeM), Universiti Tun Hussein Onn Malaysia (UTHM) and the German Malaysian Institute (GMI).

In addition, all four higher learning institutions will be getting approximately 40 hours of training as well as support expansion of the equipment which includes image/vision processing technology or other advancements according to the institutions’ requirements, from Muehlbauer.

“We are pleased that more and more companies are responding positively to our call in narrowing the gap between the latest practical know-how of the industry and university syllabus. We continue to encourage companies to invest in talent and technology to improve productivity and capability, and become future-proof. We also place great importance in engaging with potential investors – particularly large MNCs as they come equipped with the technology and processes required for our industries to grow and diversify,” Dato’Azman Mahmud, Chief Executive Officer of MIDA.

“This initiative will contribute in many ways, especially in enabling lecturers and students to be familiar with the latest technologies in the industry. It will also provide hands-on experience for students in Mechatronics Engineering or those interested in joining the high-tech industry related to mechanical, electrical and electronics, programming and vision technologies. I would like to encourage other global companies to emulate these practices and bring the industry to the next level,” added Dato’ Azman.

“Already for several years we are supporting the local communities by having a fruitful collaboration with the Malaysian Universities; Colleges and Institutes,” said Mr Sekar Ramasamy, the CEO of Muehlbauer Technologies. “With this donation and by enhancing the practical education at the Universities we want to lift this partnership to the next level and help the students to get ready for the challenges of digitalization and Industry 4.0,” he added.

Muehlbauer is also part of the German Dual Vocational Training (DVT) programme, a skill training programme by the Malaysian-German Chamber of Commerce and Industry (MGCC) ) in cooperation with the Department of Skills Development of the Ministry of Human Resources (MOHR) and GMI. Last year, 19 students were granted internship placement with Muehlbauer Technologies. The company also provides industrial visitation to universities and institutions.

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PRESS CONTACTS

Muhammad Ashraf

Phone: +606 2517 250

E-mail: [email protected]

 Racheal Lim

Phone: +606 2517 178

E-mail: [email protected]

ABOUT MUEHLBAUER

Mühlbauer Group is the only one-stop-shop technology partner for Smart Card, passport/ePassport, Semiconductor and RFID industry. With more than 2,000 employees, technology centers in Germany, Malaysia, the U.S. and Slovakia, and a worldwide sales and service network, the Mühlbauer Group is the world’s market leader in innovative systems and software solutions for the production and personalization of cards, passports and RFID applications. For more information, please visit www.muehlbauer.com.my and like us on Facebook https://www.facebook.com/dvtmbt/

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 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 further information, please contact:-

Mr. Shahrol Shahabudin

Director, Machinery & Equipment Division           

03-2267 6674 | [email protected]

 Mr. Mohamad Ismail Abu Bakar

Director, Industry Talent Management And Expatriate Division

03-2267 6715 | ismail @mida.gov.my

Download:

Speech by CEO of MIDA_MIDA Muehlbauer collaboration with 4 IHLs

Posted on : 22 January 2019

More Companies Responding to MIDA’s Call to Narrow Skills Gap


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India continues to be one of Malaysia’s important sources of FDI, particularly in the manufacturing sector and remains to be among the top 20 investors in the country. As at September 2018, a total of 135 manufacturing projects with participation from India have been implemented. These investments, valued at RM5.5 billion have created more than 15,000 jobs for the country. Majority of these investments were in the textiles and textile products, chemical and chemical products, paper and printing, non-metallic mineral products, electronics and electrical products and basic metal products

14 Feb 2019, Kuala Lumpur – India continues to be one of Malaysia’s important sources of FDI, particularly in the manufacturing sector and remains to be among the top 20 investors in the country. As at September 2018, a total of 135 manufacturing projects with participation from India have been implemented. These investments, valued at RM5.5 billion have created more than 15,000 jobs for the country. Majority of these investments were in the textiles and textile products, chemical and chemical products, paper and printing, non-metallic mineral products, electronics and electrical products and basic metal products.

Notable Indian companies that have made Malaysia their manufacturing base include Reliance Group in textiles and textile products, RP Chemical in chemical and chemical products, Ranbaxy in pharmaceutical products and Tamco Switchgear in the electrical and electronics products industry. Indian firms have also ventured actively into the country’s services sectors. These include ICICI Bank Limited in the finance sector; Wipro, Infosys and Tata Consultancy in IT services; Sky Blue Media in the media advertising sector; and Manipal International in the education and healthcare sector.

“Despite the favourable account of Indian investments in Malaysia, MIDA believes that there is much more room for Indian investors to increase their footprints in the Malaysian economy. We have been intensifying our investment promotion efforts, which include identifying specific projects looking for foreign investors as well as leveraging on strategic partnerships with business associations. Today, we are happy to renew our partnership with the Confederation of Indian Industry (CII) through the signing of a Memorandum of Understanding (MoU). This will strengthen our engagements in providing rewarding exchanges to both our business communities, especially with CII’s 9,000 members including SMEs and MNCs in various areas,” said Dato’ Azman Mahmud, CEO of the Malaysian Investment Development Authority (MIDA).

The MoU was signed by Mr Arham Abdul Rahman, Deputy CEO of MIDA and Dr. Noushad Forbes, Chairman, International Council of CII at the MITI Tower, in conjunction with the 8th Malaysia- India CEO Forum (MICEOF) today. Previously, MIDA has signed the MoU with CII back in 2000 and since then, both parties has undertaken many collaboration and programmes to strengthen Malaysia-India business opportunities. Among them include the CII Partnership Summit in 2014 and India-Malaysia Business Forum in 2017, as well as various networking and business matching sessions with Indian companies organised by MIDA and CII.

“As this MoU will bring a stronger commitment from both parties, I am confident that this collaboration will further drive quality investments into Malaysia in the years to come. Having CII members with experience in doing business with Malaysia will be beneficial in bringing relevant and interesting insights to other Indian investors. By working closely to achieve the deliverables contained in the MoU, MIDA and CII will indirectly contribute to the strengthening of bilateral relationship between both countries that has been growing over the past 62 years,” added the CEO of MIDA.

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For further information, please contact:

Mr. Nelson Samuel

Director, Foreign Investment Promotion, MIDA

Tel: 03-2267 3787 Email: [email protected]

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 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.

ABOUT CII

Confederation of Indian Industry (CII) is society registered under Societies Registration Act, 1860 and is a non-government, not-for-profit, industry-led and industry-managed organisation, playing a proactive role in India’s development process. Founded in 1895, India’s premier business association has around 9,000 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 300,000 enterprises from around 265 national and regional sectoral industry bodies. CII works to create and sustain an environment conducive to the development of India, partnering industry, Government, and civil society, through advisory and consultative processes.

Posted on : 14 February 2019

Indian Investors to Capitalise on Business Opportunities in Malaysia


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The Malaysian Investment Development Authority (MIDA) has approved a total of 1,120 manufacturing projects with investments worth RM137.3 billion in Sarawak as at September 2018. These projects have created over 175,000 job opportunities, mainly in the natural gas, chemical and chemical products, basic metal products, petroleum products (including petrochemicals) and electronics and electrical products sectors

29 January 2019, Kuala Lumpur – The Malaysian Investment Development Authority (MIDA) has approved a total of 1,120 manufacturing projects with investments worth RM137.3 billion in Sarawak as at September 2018. These projects have created over 175,000 job opportunities, mainly in the natural gas, chemical and chemical products, basic metal products, petroleum products (including petrochemicals) and electronics and electrical products sectors.

“Being the largest of all 13 states in Malaysia, there are certainly many reasons for companies to base their operations in Sarawak. There is already a strong presence of MNCs and large Local Corporations (LLCs) in the state. These companies, such as Petronas, OCIM, Longi, X-Fab and Press Metal, hold much promise for business collaborations and opportunities,” said Mr Zabidi Mahbar, Senior Executive Director of MIDA’s Strategic Planning and Development Division during the MIDA Invest Series: Unfolding States’ Business Potential held today at the MIDA Headquarters.

“MIDA has set-up a dedicated team namely the Investment Coordination Platform (ICP) to facilitate companies to grow their businesses and investment portfolio since last year. The unit works closely with equity and corporate advisory firms as well as local regulators and technology providers in assisting companies to conduct business-to-business matching, capital raising exercise through debt & equity, M&A, divestment and initial public listing or IPO. We urge all interested parties to discuss with MIDA on how they can be facilitated in these areas,” added Mr Zabidi.

Another initiative introduced by MIDA is the i-Services Portal, which is a single market place to link investors and companies interested to source for domestic services from local service providers. Local service providers are encouraged to register their business in the portal as it will help them to expand their markets and further boost business activities.

The Invest Series featured a briefing by Datu Liaw Soon Eng, Permanent Secretary from the Ministry of Industrial & Entrepreneur Development of Sarawak. The event attracted over 250 participants ranging from embassies, business chambers and associations as well as industry players from the services and manufacturing sector.

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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 a strong 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, @OfficialMIDA.

For more information, please contact:

Mr. Abdul Fatah Mohamed Rafaie

Deputy Director

Domestic Investment & Supply Chain Division, MIDA

Tel.: 03 2267 3766

Email: [email protected]

Download:

Speech by Senior Executive Director of MIDA_Invest Series_Sarawak

MIED Slides_MIDA Invest Series_Sarawak

Posted on : 29 January 2019

Sarawak Attracts RM137.3 Billion Worth Approved Manufacturing Projects as at September 2018


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Performance of the Manufacturing Sector Rose by 37.2%

 

MIPR2018

MEDIA RELEASE

APPROVED INVESTMENTS IN THE MANUFACTURING, SERVICES AND PRIMARY SECTORS CHART RM201.7 BILLION IN 2018
Performance of the Manufacturing Sector Rose by 37.2%

14 March 2019, Kuala Lumpur – “Malaysia is set to leverage on the improving trend of private investments bolstered by the positive sentiments arising from the new Government’s supportive policies and clear economic direction. This is reflected in the total approved investments in the manufacturing, services and primary sectors, which has increased from RM200.6 billion in 2017 to RM201.7 billion in 2018. To break it down further, investments approved for the period of January to June 2018 were valued at RM86.1 billion, while a total of RM115.6 billion investments were approved for the period of July to December 2018,” said YB Datuk Darell Leiking, Minister of the International Trade and Industry (MITI).

The ratio of foreign and domestic investments is in line with the Government’s aspiration for domestic investments to assume the pivotal role of driving Malaysia’s investment agenda. The pie was split with domestic direct investments (DDI) assuming 60.1% of the share at RM121.2 billion, while foreign direct investments (FDI) accounted for the remaining 39.9% or RM80.5 billion. Foreign investors continue to capitalise on uniquely Malaysian ecosystems and its regional synergies as FDI increased by 48% from RM54.4 billion in 2017.

The manufacturing sector emerged as the champion, recording a significant margin with approved investments totalling RM87.4 billion in 2018, a notable 37.2% higher, as compared to RM63.7 billion in 2017. The services and primary sectors recorded investments of RM103.4 billion and RM10.9 billion respectively in 2018.

Manufacturing Sector
Malaysia continued to attract high levels of foreign investments in the manufacturing sector despite the global economic slowdown. Foreign investments in approved manufacturing projects have more than doubled to RM58.0 billion in 2018 from 2017’s figure of RM21.6 billion, constituting 66.4% of the total approved investments in the manufacturing sector. This reflects the country’s success in its targeted approach in attracting investments in high value-added and knowledge-intensive industries.

Majority of FDI were in new projects, totalling RM40.3 billion (69.5%), with the remaining RM17.7 billion (30.5%) being expansion and diversification projects. This shows that in addition to existing foreign companies expanding or diversifying in the country, more international investors are choosing Malaysia as their preferred investment destination.

China, Indonesia, the Netherlands, Japan and the USA were the largest contributors to the manufacturing sector in Malaysia for 2018. These five countries jointly accounted for RM44.3 billion or 76.4% of the total foreign investments approved during the period.

Pentax Medical from Japan is among the foreign projects approved in the manufacturing sector. The company, which is one of the top three endoscopic and surgical system manufacturers in the world, will be setting up its new manufacturing facility in Penang. This project is expected to create 193 job opportunities, whereby 77% will be Malaysians particularly in the managerial, supervisory and technical category.

Another notable project is Jinjing Technology from China that will be located at the Kulim Hi-Tech Park. The company will contribute to the development of the solar and glass ecosystems in Malaysia. It will provide 855 job opportunities to Malaysians, with salaries between RM3,000 to RM10,000 a month.

Testhub is an exemplary Malaysian company in the E&E industry. It is the only Malaysian entity that has the capability to design and manufacture test boards and test programmes, as well as provides one stop testing solutions to global MNCs. This knowledge-based company, located in Melaka, employs highly skilled local talents in the fields of E&E engineering as well as physics.

“Capital intensive projects, which involve advanced technology and skilled manpower, dominated the manufacturing landscape, represented by the 81 projects approved with investments of RM100 million or more. This is 43.2% higher than in 2017. Investments into these projects reached RM75 billion or accounted for 85.9% of total investments approved in the manufacturing sector. This is in line with the country’s push towards more strategic and higher quality investments,” highlighted YB MITI Minister.

“The manufacturing sector remains a key contributor to the nation’s exports. Of the total 721 approved manufacturing projects, 30.7% or 221 projects will be making Malaysia their hub for the international markets, whereby at least 80% of their products will be exported,” added YB Minister.

The petroleum products including petrochemicals industry with approved investments of RM32.9 billion contributed the lion share to the overall manufacturing performance in 2018. A notable project in this industry is Sarawak Petchem which is part of the Sarawak State Government initiative to develop Bintulu as a petrochemical hub. This is in addition to investments by Pengerang Energy Complex and Petronas Chemicals Isononanol that will be located in Johor.

Other industries with high levels of approved investments include basic metal products, E&E products, paper, printing and publishing, chemicals and chemical products, rubber products, non-metallic mineral products and machinery and equipment.

The manufacturing projects approved in 2018 are expected to create employment opportunities for  59,294 people. Of these, 22,449 will be in the managerial, technical, supervisory and skilled workers category.

Services Sector
The services sector continued to be the cornerstone of the nation’s economic growth in 2018. The sector was the largest contributor to the total approved investments, amounting RM103.4 billion from 4,103 projects. Domestic investments contributed 84.1% or RM86.9 billion while foreign investments made up the rest or RM16.5 billion.

Foreign investors were strong in the distributive trade and global establishments subsectors recording RM4.8 billion and RM4.4 billion respectively. These two subsectors alone contributed 55.8% to the total foreign investments in the services sector.

Malaysia has been well positioned to attract MNCs to set up their global and regional bases in the country. To date, MIDA has cumulatively approved a total of 35 Principal Hub (PH) projects, with companies committing to business spending of RM35.1 billion, engaging the use of local ancillary services worth RM5.5 billion and creating 2,686 high-value jobs. For 2018 alone, a total of eight new Principal Hub projects were approved, with committed business spending of RM7.1 billion. Among the approved PH projects were Smart Modular Technologies, Frencken Group, Onwards Media Group (OMG) and Jobstreet.

US-based Smart Modular Technologies has made Malaysia its base to undertake supply chain management from 3rd party suppliers to 3rd party customers. This translates to employment opportunities for 90 Malaysians. The company will utilise big data, cloud computing and real-time analytics technology to efficiently manage its global supply chain, which will involve over one million components, 220 suppliers and network companies in 1,000 locations.

Another project is from Frencken Group, a high-tech capital and consumer equipment service provider. Through its newly established Principal Hub, Frencken Group has shifted the global supply chain management of its Integrated Manufacturing Services division from Singapore to Malaysia. The company will incur a business spending of RM89.9 million over the next 10 years and will train 30 employees in areas such as strategic supply chain management and financial planning.

“The global establishments and end-to-end supply chain management services are key components to the nation’s economy. These services create trade efficiency and competitive advantages for other Malaysian industries. Given that the services sector is dominated by domestic industry players, the Government has introduced various initiatives to provide more business opportunities for Malaysian service providers. This includes the introduction of a mechanism to encourage better linkages with local service providers in the fields of architecture, engineering, transportation, banking, insurance, legal and ICT,” said YB Datuk Darell Leiking.

Primary Sector
Investments in the primary sector registered a decrease of 12.2% from RM12.4 billion in 2017 to RM10.9 billion in 2018. This is largely due to lower investments in oil and gas exploration activities, under the mining subsector. The rest of the investments in the primary sector comprise of the plantation and commodities subsector, and the agriculture subsector, registered sustainable investments of RM601.8 million and RM68.8 million respectively.

Going Forward
The Malaysian economy is likely to remain on a steady path in 2019 as the country’s macroeconomic fundamentals remain strong despite domestic and external challenges. This optimism is shared by Bloomberg in its recent analysis of emerging markets, whereby Malaysia was ranked first due to its growth prospects, state of the current account, sovereign credit ratings and, stock and bond valuation.

“The Government has unveiled the National Budget 2019 to plot a path forward for Malaysia. It includes a mixture of stimuli, incentives, and safeguards to facilitate business and enhance the nation’s ongoing competitiveness. In addition, the year 2018 marked a significant stage in the country’s automation journey with the launch of Industry4WRD, the National Policy on Industry 4.0. The broad strategies and action plans under this framework will contribute to the progressive transformation of industries, boosting Malaysia as a key player on the world stage,” said YB MITI Minister.

“MITI and MIDA trust that with the existing policies in place, Malaysia will continue to spark confidence in investors and business owners, and attract more quality investments this year. As to date, MIDA has 399 manufacturing and services projects with investments totalling RM23.7 billion in the pipeline,” added YB MITI Minister.

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For more information, please contact:
Puan Zalina Zainol
Director, Corporate Communications Division, MIDA
Tel.: 03- 2263 2437| Email: [email protected]

Download  YBM Speech

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Download  Media Release (Eng)

Download  Media Release (BM)

Download  YBM Media Presentation Slides

Download  Investment Performance Report 2018

View Investment Data

Posted on : 14 March 2019

Approved Investments in the Manufacturing, Services and Primary Sectors Chart Rm201.7 Billion In 2018


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The Malaysian Investment Development Authority (MIDA) signed a Memorandum of Understanding (MoU) with the Korea Trade-Investment Promotion Agency (KOTRA) today, in conjunction with the visit of His Excellency Moon Jae-In, President of the Republic of Korea to Malaysia this week. The partnership includes information exchanges on investment environment, opportunities, and promotion activities, as well as best practices of investment promotion

12 March 2019, Kuala Lumpur – The Malaysian Investment Development Authority (MIDA) signed a Memorandum of Understanding (MoU) with the Korea Trade-Investment Promotion Agency (KOTRA) today, in conjunction with the visit of His Excellency Moon Jae-In, President of the Republic of Korea to Malaysia this week. The partnership includes information exchanges on investment environment, opportunities, and promotion activities, as well as best practices of investment promotion.

“MIDA has been working together with KOTRA for a long time. Every year we organise investment missions to South Korea where there will be seminars, roundtable meetings, and one-on-one sessions with Korean investors, to promote business opportunities in Malaysia as well as to provide updates on the latest policies and economic landscape. KOTRA has always been one of our supporting organisations. So, we are excited to seal this strong cooperative relationship in investment promotion,” said Dato’ Azman Mahmud, Chief Executive Officer (CEO) of MIDA.

“We trust that through this partnership, we will be able to leverage on KOTRA’s establishments in ten regional headquarters, and 124 overseas centres in 86 countries. With this, we will also be able to provide more rewarding connections for both our business communities. As Korea is well known for its advanced technologies particularly on robotics, we hope to get more of such investments in these areas, particularly as Malaysia is going full speed into the knowledge and digital economy,” added Dato’ Azman.

MIDA in collaboration with the Korea Chamber of Commerce and Industry (KCCI) will be organising the Malaysia-Korea Business Forum at the Mandarin Oriental Hotel Kuala Lumpur on 14 March 2019. The event is expected to gather 400 participants, which will mostly be Korean businessmen. The President of the Republic of Korea and the Minister of International Trade and Industry Malaysia will grace the event. KOTRA is one of the supporting organisations for this event.

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For further information, please contact:

Mr. Nelson Samuel

Director, Foreign Investment Promotion, MIDA

Tel: 03-2267 3787

Email: [email protected]

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 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.

ABOUT KOTRA

Korea Trade-Investment Promotion Agency (KOTRA) is KOTRA Republic of Korean government’s trade and investment promotion arm to enhance national prosperity and competitiveness. KOTRA assists interested parties worldwide to do business with Korea with extensive worldwide network of Korea Business Centres in 86 countries. Please visit www.kotra.or.kr

Download:

Speech by CEO of MIDA_MIDA & KOTRA MoU Signing Ceremony

Posted on : 12 March 2019

MIDA and KOTRA Signs MoU for Investment Promotion Cooperation


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Boss Aerosystem Opens Manufacturing and Fabrication Facility in Penang

Kuala Lumpur, 8 March 2019 – Malaysia welcomes another homegrown aerospace company with the opening of Boss Aerosystem’s manufacturing facility at the Bukit Minyak Industrial Park, Pulau Pinang today. Dato’ Azman Mahmud, Chief Executive Officer (CEO) of MIDA in his opening speech at the event said, “It is indeed a point of national pride to have Boss Aerosystem to be part of the international supply chain. We look forward to more local companies emulating Boss Aerosystem and become global champions. Industry players are encouraged to leverage on facilities and platforms made available by the Government as Malaysia has all the right ingredients for the aerospace industry to flourish.”

Aerospace is a fast growing industry in Malaysia. It has been growing at an average of 5% over the past 10 years and continues to generate high skilled jobs, and develop an ecosystem of suppliers in the country. Malaysia is presently home to more than 230 companies, which are involved in maintenance, repair and overhaul (MRO), aero-manufacturing, education and training, systems integration, and engineering & design activities.

Malaysia has developed a strong local supply chain, which consists of both foreign and local industry players. The country is pushing for further development in the MRO activities, and manufacturing of parts and components to boost market penetration.

“MIDA continues to explore opportunities for collaboration between local industry players and international aerospace companies through our ‘Industry Linkage’ programmes. The first Industry Linkage programme was held last year in Turkey which was participated by 9 Malaysian companies. This year, as a continuity we plan to organise 3 more of such programmes,” added the MIDA CEO.

MIDA’s other initiatives include its Supply Chain Conferences with Tier 1 and Tier 2 companies. The most recent conference organised by MIDA was with Rolls Royce in December 2018. Such events aim to facilitate local vendor development and enhance the capabilities of Malaysian companies in supporting MNCs’ operations.

Speaking on an upcoming engagement, Dato’ Azman highlighted that MIDA will be participating in the upcoming Langkawi International Maritime and Aerospace Exhibition (LIMA ’19) from 26 to 30 March. “We will be part of the Malaysian Pavillion to promote the Government’s initiatives in developing the aerospace industry, which also includes the ship building and ship repair (SBSR) industry. In addition, MIDA will be having a seminar on the aerospace industry on 27 March at LIMA. I would like to invite all industry players and relevant stakeholders to join us at our event,” said the MIDA CEO.

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For more information, please contact:

Mr. Zahirul Ishak

Director, Transportation Technology Division

Malaysian Investment Development Authority (MIDA)

Tel: 03-2267 6621

Email: [email protected]

Connect with us today @OfficialMIDA on Twitter, Facebook, Youtube and Instagram.

Posted on : 08 March 2019

Malaysia Welcomes Another Homegrown Aerospace Company


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Second phase will commence at the end of April 2019

Kuala Lumpur, 21 March 2019 – A total of 24 graduates from the first batch of the Apprenticeship Programme received their ‘Sijil Kemahiran Malaysia’ at the convocation ceremony held at the Malaysian Investment Development Authority (MIDA)’s headquarters, today. The programme is a joint-effort between MIDA and the Ministry of Education Malaysia (MOE), the Department of Skills Development (DSD) and the Federation of Malaysian Manufacturers (FMM).

The Apprenticeship Programme is a 2-year initiative which targets PT3 (‘Pentaksiran Tingkatan Tiga’ or Form Three Assessment) leavers. This programme is adapted from the German TVET training model, of which 70 per cent of training is carried out in the industry while the remaining 30 per cent is conducted in training institutions. This is a fast-track programme which aims to provide skilled workers that can be absorbed immediately into the industry.

The event was attended by Mr. Zabidi Mahbar, Deputy Chief Executive Officer of MIDA and Dato’ Sri Norazman Ayob, Deputy Secretary General (Trade) of International Trade and Industry (MITI) who represented the Minister of MITI, YB Datuk Darell Leiking.

In YB Datuk Darell’s speech, which was read by Dato’ Sri Norazman Ayob, “This Apprenticeship Programme is a good example of MIDA’s industry-academia initiative to produce a high-skilled workforce capable of contributing substantially to the industry development. In line with the National Policy on Industry 4.0 or the Industry4WRD launched last year, the Government continues to promote cooperation between educational and skills institutions with the industry to ensure that graduates do not only have basic knowledge but are able to adapt to current technological changes. I am very delighted to know that MIDA will be bringing this programme to the national level with greater involvement from more than 100 companies and 700 students.”

The first series of the Apprenticeship Programme involved five companies namely Royal Selangor International, Top Glove, Gethi Engineering, Fire Fighter Industry and YKGI Holdings as well as three vocational colleges namely Setapak Vocational College, Klang Vocational College and Sungai Buloh Vocational College.

Mr Zabidi, Deputy CEO of MIDA who read the speech on behalf of Dato’ Azman Mahmud, CEO of MIDA, said, “The availability of skilled manpower is crucial in transforming all sectors of the economy towards knowledge-intensive activities, promoting employee productivity and attracting quality investments into Malaysia. Every year, the number of manufacturing projects approved by MIDA continues to increase. Therefore, industry-led training for the development of local skilled-workforce and industry-academia cooperation is required to ensure that the offerings are in line with industry demand. Hence, this program is a game-changer to drive the TVET agenda forward. The second phase of the MIDA-MOE-FMM Apprenticeship Programme will commence in late April 2019. MIDA urge more companies to come on board to create more placement opportunities for the participants of this programme.”

These graduates were presented with their ‘Sijil Kemahiran Malaysia’or Malaysian Skills Certificate in the areas of Industrial Machining, Electrical Technology, Electronic Technology and Welding Technology.

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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, MIDA has grown to become a dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses, seizing opportunities arising from the technology revolution.

For further inquiries, please contact:

Mr. Mohamad Ismail Abu Bakar

Director, Industry Talent Management and Expatriate Division, MIDA

Tel.: 03-2267 6715 | Email: [email protected]

Posted on : 21 March 2019

24 Students Graduated From MIDA-MOE-FMM Apprenticeship Programme


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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

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

Posted on : 02 April 2019

 

MIDA Collaborates With MAA To Boost Localisation Activities In The Automotive Industry


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Smart manufacturing at forefront of the annual showcase

KUALA LUMPUR, 28 March 2019 – Unlocking greater productivity within Malaysia’s industrial sectors is one of the national strategies to drive continuous economic growth and expansion. The electrical and electronics (E&E) industry in particular, has the makings to further boost the national economy.

According to the 2018 Malaysian American Electronics Industry (MAEI) Survey Report, the E&E industry has enabled Malaysia to successfully position itself into the global supply chain of electronic manufacturing services, outsourced semiconductor assembly and testing as well as in research, design and development. Representing 36.7% of Malaysia’s total exports in 2017, the industry is expected to flourish even further and by 2020, is expected to generate a gross national income impact of RM53.4 billion and create 157,000 jobs.

This growth will be primarily supported by the megatrend of the IoT (Internet-of-Things) that has multiple applications and increased use of wearable gadgets, smart home applications, automotive industry and artificial intelligence (AI) technologies.

Given this backdrop, SEMI, the global not-for-profit association advancing the global electronics manufacturing supply chain, and MIDA will once again bring SEMICON Southeast Asia to Malaysia from 7-9 May 2019, at Malaysia International Trade and Exhibition Centre (MITEC).

Dato’ Azman Mahmud, CEO of the Malaysian Investment Development Authority (MIDA) said, “It has been fiveyears since MIDA embarked on this collaboration with SEMI to promote the technological advancements taking place in the semiconductor industry. We continue to find this partnership valuable as this event has been a good platform for our investors particularly the local players to learn about the latest technologies in the industry as well as to have networking opportunities with strategic partners. MIDA is committed to attracting high quality and high technology investments into the country. We find SEMI Southeast Asia’s goals through this upcoming flagship event to be in line with our aspirations to encourage the development of the entire manufacturing ecosystem. This valuable platform also provides opportunities for potential investors to explore what Malaysia could offer as an ideal investment destination.”

Mr.Ng Kai Fai, President of SEMI Southeast Asia, said “Globally, we foresee that the semiconductor market revenue will continue its healthy trajectory over the coming years amid a softening in 2019 given the rapid pace in the development of smart manufacturing, consumer technologies, autonomous vehicle, wireless communications and AI enabled by the IoT.

The E&E industry has a long history in Southeast Asia’s prosperity and is a significant part of Malaysia’s economic engine of growth. Against the backdrop of a semiconductor renaissance, as many would term it, E&E players around the world are leveraging on Industry 4.0 or Smart Manufacturing to increase productivity and achieve further growth without compromising on quality, cost or speed. It almost goes without saying that we need to accelerate the adoption of Smart Manufacturing within the Malaysian E&E sector to remain relevant and globally competitive.

There is also a general perception that the E&E industry is labour intensive, but many fail to realise that it is also highly automated and supported by state-of-the-art technologies. Therefore, in moving up the value chain, Malaysia needs to take into account the rise in automation and embrace smart manufacturing. With this in mind, SEMICON Southeast Asia 2019 is proud to be the first in Malaysia to bring a ‘live’ smart factory to the show, giving industry peers the opportunity to view and experience end-to-end microelectronics manufacturing brought to life. Each component along the pavilion’s multi-step line is displayed, virtually or with actual equipment on the floor from front-end through packaging and test to final board and system assembly.”

Recognised as the region’s premier industry gathering connecting innovators, products and technologies across the electronics manufacturing supply chain, SEMICON Southeast Asia 2019 is themed ‘Think Smart Make Smart’ andaims to foster the resilient and growing electronics manufacturing supply chain in Southeast Asia. The show will feature three themed pavilions, five global pavilions, and a host of keynote presentations and forums that will address key, trending topics within the semiconductor ecosystem.

To register for SEMICON Southeast Asia 2019 visit http://www.semiconsea.org/.

SEMICON Southeast Asia 2019 Strategic Partners:

Ministry of International Trade and Industry (MITI)

Malaysian Investment Development Authority (MIDA)

Supporting Partners:

Malaysia External Trade Development Corporation (MATRADE)

Malaysia Productivity Corporation (MPC)

Malaysian Industrial Development Finance (MIDF)

Malaysia Automotive Robotics and IoT Institute (MARII)

Standard and Industrial Research Institute of Malaysia (SIRIM)

Malaysian Institute of Microelectronic Systems (MIMOS)

Export-Import Bank of Malaysia Berhad (EXIM Bank)

Department of Standards Malaysia

InvestKL Malaysia

Invest Penang Malaysia

Malaysia Convention & Exhibition Bureau (MyCEB)

Ministry of Tourism, Arts and Culture

Semiconductor and Electronics Industries in the Philippines (SEIPI)

Singapore Manufacturing Federation (SMF)

The Center of Applied Data Science (CADS)

Silicon Saxony

DreamCatcher

Sponsors:

ADLINK Technology Singapore Pte Ltd Advantest

ASE Group ASM Technologies

Applied Materials Carl Zeiss Pte Ltd

Cimetrix®Cohu

Edwards Vacuum Evatec

GLOBALFOUNDRIES Intel

Kanken Techno KLA Corporation

Kulicke & Soffa Kx

Lam Research Mi EQUIPMENT

OMRON PTW Asia

SCREEN Siemens Malaysia

Tokyo Electron UPS

ViTrox Corporation Berhad

About SEMI

SEMI® connects more than 2,260 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. Electronic System Design Alliance (ESD Alliance), 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. Visit www.semi.orgtolearnmore, contact one of our worldwide offices,and connect with 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 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.

***

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

Download:

MIDA CEO’s Talking Points_Pre-Event Media Conference_ SEMICON 2019

Posted on : 28 March 2019

 

Driving Local E&E Industry via SEMICON Southeast Asia 2019


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Nine Malaysian Aerospace Companies Participated in 2018

Langkawi, 27 March 2019 – The Malaysian Investment Development Authority (MIDA) continues to explore opportunities for collaboration between local industry players and international aerospace companies through its ‘Industrial Linkage’ programmes. The first programme was held in Turkey last year and was participated by nine Malaysian companies. The initiative has led to a signing of a Memorandum of Understanding (MOU) between the Malaysian Aerospace Industry Association (MAIA) and Turkish Aerospace. Another way forward is to establish a consortium between Malaysian companies and Turkish companies to explore potential business opportunities between both countries.

During the Langkawi International Maritime and Aerospace (LIMA) Exhibition 2019, MIDA took the opportunity to organise a Seminar on the Aerospace Industry with the theme, ‘Gearing Up Towards Future Technologies’. The half-day seminar, which attracted 150 local and foreign participants, was officiated by Dato’ Lokman Hakim Ali, the Secretary-General of the Ministry of International Trade and Industry (MITI). Also present was Dato’ Azman Mahmud, Chief Executive Officer of MIDA.

The event was part of MIDA’s on-going engagement to enhance the competitiveness of the industry and discuss on the requirements of high technology industries and some of the new emerging technologies that will be the game changer for the aerospace industry in Malaysia. It featured speakers from Rolls-Royce, Composites Technology Research Malaysia (CTRM) and MTC Aerosystems who are leading experts in the industry. On talent development and research and technology elements, the speakers were from Universiti Kuala Lumpur Malaysia Institute of Aviation Technology (UniKL-MIAT) and Strand Aerospace Malaysia respectively.

Malaysia has the right ingredients to be the outsourcing centre for aerospace products and services. Since the launch of MEASAT-1 and first Malaysia Aerospace Industry Blueprint, the industry has maintained positive growth. The country is now recognised for its design and manufacturing capabilities of composites, aircraft components and avionics systems.Over the years, the country has developed a strong supply chain, consisting of both global and local industry players, supplying to global companies such as Airbus, Boeing and Rolls Royce. Based on the industrial ecosystem that has been established throughout the years, the industry has a lot of potentials.

For the period of January-December 2018, eleven projects were approved in the aerospace industry with investments of RM816 million. Foreign investments amounted to RM338 million (41%). The majority of these investment (RM478 million or 59%) were from domestic investments. The approved projects are expected to generate a total of 2,442 employment opportunities.

MIDA’s other initiatives include its Supply Chain Conferences with Tier 1 and Tier 2 companies. The most recent conference organised by MIDA was with Rolls Royce in December 2018. Such events aim to facilitate local vendor development and enhance the capabilities of Malaysian companies in supporting MNCs’ operations. From the Rolls Royce supply chain conference, there are now on-going business engagements between Rolls Royce and nine Malaysian companies to further explore future collaborations.

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For further information, please contact:

Mr. Zahirul Ishak

Transportation Technology Industry Division, MIDA

Tel: 03-2267 6621

Email: [email protected]

Download:

Welcoming Remarks by KSU MITI_ Seminar on Aerospace Industry (LIMA 2019)

Posted on : 27 March 2019

MIDA to Organise Three More Linkages Programme For the Aerospace Industry In 2019


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The Malaysian Investment Development Authority (MIDA) is pleased to announce the appointment of Dato’ Abdul Majid Ahmad Khan, the President of Malaysia-China Friendship Association who is also the Honorary Chairman of the Malaysia-China Chamber of Commerce, as the new Chairman of MIDA, effective 22 April 2019

25 April 2019, Kuala Lumpur – The Malaysian Investment Development Authority (MIDA) is pleased to announce the appointment of Dato’ Abdul Majid Ahmad Khan, the President of Malaysia-China Friendship Association who is also the Honorary Chairman of the Malaysia-China Chamber of Commerce, as the new Chairman of MIDA, effective 22 April 2019.

Dato’ Abdul Majid needs no further introduction as he has a highly distinguished career spanning over three decades in the civil service including the Prime Minister’s Department as well as several Malaysia Missions abroad and senior positions in the Ministry of Foreign Affairs. He has also carved a name among Malaysia’s illustrious personalities, especially in the corporate world. He is on several boards of companies including three public listed companies in Malaysia. Dato’ Abdul Majid holds a Bachelor of Economics (Honours) from the University of Malaya.

The new chairman succeeds Tan Sri Amirsham A. Aziz, whose term has ended in 2018 after six years of distinguished service. MIDA would like to express its sincere appreciation to Tan Sri Amirsham for his contributions and dedication to the organisation and the country.

As someone with such a vast experience, Dato’ Abdul Majid’s leadership will be invaluable to MIDA, particularly in the context of the organisation’s efforts in attracting more quality investments that translate to tangible benefits felt by all Malaysians.

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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 a strong and dynamic organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 20 overseas offices. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook, @OfficialMIDA.

For more information, please contact:

Puan Zalina Zainol

Director, Corporate Communications, MIDA

Tel.: 03-2263 2437 | Email: [email protected]

Posted on : 25 April 2019

Dato’ Abdul Majid Bin Ahmad Khan, New Chairman of MIDA


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Ministry of International Trade and Industry officiates regional showcase on the electronics manufacturing supply chain

KUALA LUMPUR – May 7, 2019 – Dr. Ong Kian Ming, the Deputy Minister of International Trade & Industry, officiated the opening of SEMICON Southeast Asia 2019, an annual gathering of the global electronics manufacturing supply chain, today. Held for the second year in Kuala Lumpur, and fifth time in Malaysia, the showcase with the theme ‘Fostering a Resilient and Growing Electronics Manufacturing Supply Chain in South East Asia’ brings together industry experts from around the world for critical insights into the semiconductor ecosystem, new business opportunities and collaboration.

Speaking at the opening ceremony, Ajit Manocha, CEO of SEMI said thatSEMICON Southeast Asia 2019underscores the significance of the Electrical and Electronics (E&E) segment’s economic contribution to Malaysia. “The showcase aims to bridge Malaysia’s three important electronics clusters while at the same time, serve as a central connection point to the rest of Southeast Asia’s electronics manufacturing supply chain. With the rapid proliferation of digital technology across a multitude of applications market, Southeast Asia electronics manufacturing especially Malaysia, Singapore, Thailand, Vietnam and the Philippines will continue to expand the semiconductor market share and growth.”

“A strong manufacturing sector would pave the way to enhancing productivity, job creation, innovation capacity, high-skilled talent development and ultimately economic prosperity and societal well-being. Hence, given Malaysia’s strong manufacturing base built over the years and on-going Industry4WRDinitiatives, the country is well positioned to be a primary destination for smart manufacturing and a location for more high-tech activities.” said Dr. Ong Kian Ming. He also shared that the approved investments in the electrical and electronics industry by MIDA has increased from RM9.7 billion in 2017 to RM11.2 billion in 2018, which is an encouraging sign despite the slowing global technology cycle and global trade tensions. It is a healthy indication that Malaysia’s economy is moving in the right direction.

“The Malaysian Investment Development Authority (MIDA) is once again pleased to collaborate with SEMI for the organisation of SEMICON SEA 2019 in Malaysia. This year, we have with us 16 companies at the Malaysia Pavilion representing various activities and products in the electronics value chain and ecosystem. We want to connect with more companies and foster strategic collaborations in the tech space. The country is continuously building on its strengths and capitalising on megatrends to move up the value chain. Therefore, Malaysia is indeed a competitive destination for businesses to grow,” said Dato’ Azman Mahmud, Chief Executive Officer of MIDA.

SEMICON Southeast Asia 2019 is expected to draw more than 9,000 visitors, an all-time event record, to the new Malaysia International Trade & Exhibition Centre (MITEC). The three-day event (7-9 May 2019) features three themed pavilions, five global pavilions, inspiring keynote presentations and a host of technology forums to address key trends and issues in the electronics manufacturing supply chain.

For the first time, SEMICON Southeast Asia 2019 will be showcasing a live, fully-fledged smart factory at its Smart Manufacturing Pavilion, allowing delegates to walk through the entire end-to-end microelectronics supply chain. Each component along the smart factory multi-step line will be displayed, virtually and with actual equipment on the floor, from design and materials through front-end patterning, packaging and test to final board and system assembly. There will also be subject matter experts in attendance as well as a unique AR (augmented reality) interactive human-machine interface for delegates to experience.

The showcase will also address the critical industry shortage of skilled workers in the industry at the Workforce & Talent Development Pavilion. A career fair specifically for the E&E industry will be held on 8 & 9 May 2019, with over 200 vacancies by 20 key high technology MNC companies.

At the World of IoT Pavilion, companies from across the region will demonstrate technologies that enable smart lifestyles as start-ups showcase pioneering and disruptive products and applications powered by IoT (Internet-of-Things).

SEMICON Southeast Asia 2019 highlights also include the popular Supplier Search Programme, World of IoT fund pitching and business-matching sessions, industry VIP networking, and the Southeast Asia Investment Forum (SAIF).

SEMICON Southeast Asia 2019 is strongly supported by Malaysia Convention & Exhibition Bureau (MyCEB), an agency under the Ministry of Tourism, Arts and Culture Malaysia. MyCEB serves as a central hub to assist meeting and event planners to bid and stage international business events in Malaysia and act as a conduit for national product development to all local as well as international organisers. Business events is a catalyst for socio-economic growth and helps to elevate the lives of the professional and local communities in Malaysia.

SEMICON Southeast Asia 2019 Strategic Partners:

Ministry of International Trade and Industry (MITI)

Malaysian Investment Development Authority (MIDA)

Supporting Partners:

Malaysia External Trade Development Corporation (MATRADE)

Malaysia Productivity Corporation (MPC)

Malaysian Industrial Development Finance (MIDF)

Malaysia Automotive Robotics and IoT Institute (MARII)

Standard and Industrial Research Institute of Malaysia (SIRIM)

Malaysian Institute of Microelectronic Systems (MIMOS)

Export-Import Bank of Malaysia Berhad (EXIM Bank)

Department of Standards Malaysia

InvestKL Malaysia

Invest Penang Malaysia

Malaysia Convention & Exhibition Bureau (MyCEB)

Ministry of Tourism, Arts and Culture

Semiconductor and Electronics Industries in the Philippines (SEIPI)

Singapore Manufacturing Federation (SMF)

Silicon Saxony

DreamCatcher

Semiconductor Fabrication Association of Malaysia (SFAM)

Human Resources Development Fund (HRDF)

Saigon Hi-Tech Park (SHTP)

Sponsors:

ADLINK Technology Singapore Pte Ltd Advantest

AMEC International ASE Group

ASM Technologie Applied Materials

Carl Zeiss Pte Ltd Cimetrix®

Cohu Edwards Vacuum

Evatec GLOBALFOUNDRIES

IntelHewlett Packard Enterprise

INFICONHitachi High-Technologies

Hiwin Singapore Pte LtdISC Co., Ltd.

Kanken TechnoKLA Corporation

Kulicke & Soffa Kx

Lam Research National Instruments

Mi EQUIPMENT OMRON

PTW Asia Rudolph Technologies

SCREEN Siemens Malaysia

SPTS Technologies TIBCO Software Inc.

Tokyo Electron UPS

ViTrox Corporation Berhad

About SEMI

SEMI® connects more than 2,260 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. Electronic System Design Alliance (ESD Alliance), 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. Visit www.semi.orgtolearnmore, contact one of our worldwide offices,and connect with 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 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, @OfficialMIDA.

For more information, please contact:

Puan Azlina Hamdan

Director, Electrical and Electronics Division, MIDA

Tel.: 03-2267 3791 | Email: [email protected]

Posted on : 07 May 2019

Smart Manufacturing Takes Centre Stage at Semicon Southeast Asia 2019


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PORT KLANG, Malaysia, May 3, 2019 – C. Steinweg Logistics (Malaysia) Sdn. Bhd., a fully owned subsidiary of C. Steinweg Warehousing (F.E.) Pte Ltd and a member of C. Steinweg Group, today announced the Grand Opening of its Port Klang Natural Resources & Commodities Hub. Port Klang will be Steinweg’s second owned-and-operated London Metal Exchange (LME) Delivery Point in Malaysia, after Johor Port Terminal 2, and the country’s first European-Standard Chemical Warehouse in the Klang Valley.

On the LME, the world’s premier non-ferrous metals market which handles more than 80% of the base metals transacted globally, C. Steinweg is a leading player, running close to 200 warehouses in 17 regional hubs. Known as the industry pioneer, Steinweg has a track record of being the first operator in many important trading hubs around theworld.

In Malaysia, C. Steinweg was one of the first LME operators to operate in Johor Port Terminal 1 (since 2004) and Port Klang Free Zone (since 2009). In November 2018, Steinweg was again the first LME operator to list its own built-and-operated warehouse in Johor Port Terminal 2.

“Today’s opening of C. Steinweg’s Natural Resources & Commodities Hub in Port Klang will further cement our leading advantage as an LME warehouse operator. While metals and minerals form a key part of our business, agricultural soft commodities is another big pillar especially for our Southeast Asia markets,” said Mr Ulf Boll, Global CEO, C. Steinweg Group. “We are also growing a name in handling packed hazardous and non-hazardous chemicals following the highest industrystandards.”

“Our chemical footprints have expanded from Rotterdam to China, South Korea, Middle East, South Africa, Turkey and other European countries in the past decades; now our goal is to meet the strong growth in chemical logistics needs in Asia-Pacific region, namely Malaysia, Vietnam and other ASEAN countries”, added MrBoll.

Widely expected to be the first-of-its-kind in Port Klang, Steinweg’s Natural Resources & Commodities Hub will tap into rising demand for safe, efficient and internationally compliant chemical warehouse in the fast growing Port Klang area. Besides warehousing and distribution, customers can also look forward to the convenience of one-stop value-add services such as repacking of chemicals and plastics, enabling them to maximise and localise their supply chain to serve regional markets via Malaysia. Many of Steinweg Group’s existing customers have warmly welcomed the move.

In acknowledging this high value-added investment, Mr. Arham Abdul Rahman, Deputy Chief Executive Officer I of Malaysian Investment Development Authority (MIDA) said, “The expansion by Steinweg Group speaks volumes about the existing strengths and future potential of Malaysia from a market demand perspective and the ease of doing business. We have worked with Steinweg since 2014 to bring this project forward, from feasibility study stage to execution. We are pleased that those engagements have now come to fruition. Steinweg has made Malaysia as its strategic base for chemical logistics hub in ASEAN. We are pleased that the company has found many young talents to work in both their facilities in Johor and Port Klang. Malaysian employees will benefit from the comprehensive training programmes provided by Steinweg where they will be trained and coached by the company’s Centres of Excellence in Rotterdam, Singapore and Shanghai. These will enhance the capabilities of our local talents to compete at the global level.”

“It is an exciting news that Steinweg has opened a new facility in Malaysia. In China, BASF has cooperated with Steinweg for many years. Safety and compliance are our top priorities and we look forward to building our relationship further to provide better services to our customers,” said Mr Jeff Xu, Regional Category Buyer, Logistics Procurement Asia Pacific, BASF.

“Steinweg has been an important supplier for Eastman Chemical Company in the Netherlands for over 40 years, and more recently in Dubai, South Africa, China, and Korea,” said Derek Teo, Manager, Asia Pacific Logistics, Eastman Chemical Company. “Eastman values their collaboration as we focus on delivering a superior experience for our customers.”

Steinweg’s Initial Investment Amount in Port Klang Free Zone is estimated at RM 168 mil for Phase 1 to develop an area of 610,000 sqft in which covered warehouse building of 270,000 sqft, generating up to 70 direct and indirect jobs. The Company expects Phase 2 of remaining 538,000 sf to be developed soon given the positive feedback from the market.

About C.Steinweg

C. Steinweg is one of the world’s leading warehousing and logistics service providers, with a long heritage of expertise in the commodity trade from our founding in 1847. In the last 172 years, our company has grown from its origins in Rotterdam to a vast network of 110 offices across the world.

A major expansion phase began in the 1960s when C. Steinweg made inroads into other parts of Western Europe, followed by Asia and the Americas (1980s), then the Middle East, Africa, Eastern Europe and Russia/Baltic region (1990s onwards). We are now a truly multinational company with close to 7 Million m2 of space and 20 km length of quay, handling over 25 million metric tons of various commoditiesannually.

Media Contact

Hannah Nguyen [email protected]28 Jurong Port Road, Singapore 619113

Tel: +65-62670914

 

Posted on : 03 May 2019

C. Steinweg Launches Integrated Commodities Hub and Malaysia’s First European-Standard Chemical Warehouse In Port Klang


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Kuala Lumpur, 10 June, 2019 – Amid the risks and challenging uncertainties in the global economy surrounding the US-China trade talks, investors remained confident about Malaysia as an investment destination.

The country successfully attracted a total of RM53.9 billion approved investments in the manufacturing, services and primary sectors for the first quarter of 2019 (Q1 2019), an increase of 3.1% from the same period last year (RM52.3 billion). The positive investment growth of Q1 2019 was mainly driven by the robust performance of the manufacturing sector that soared by 126.8% compared to Q1 2018.

Foreign investments increased by 73.4% to RM29.3 billion from RM16.9 billion in the first quarter of 2018. Domestic investments approved in Q1 2019 amounted to RM24.6 billion, contributing 45.6% to the total. The investments approved in January to March 2019 were from 1,678 projects, and are expected to generate more than 41,200 job opportunities for the country. The manufacturing sector accounted for the largest share of total potential employment in the economy with 22,970 job opportunities or 55.7%, followed by the services sector with 18,000 job opportunities (43.7%) and primary sector with 240 employment opportunities (0.6%).

Services Sector

In Q1 2019, the services sector attracted the largest portion of approved investments into the economy and garnered 1,445 approved projects with investments worth RM26.1 billion. The bulk of the investments came from domestic sources, which contributed RM18.0 billion or 69% of the total approved investments while the foreign sources contributed RM8.1 billion or 31%.

The five main sub-sectors that led the services sector with the highest total investment were real estate (RM11.0 billion or 42.3%), followed by the distributive trade (RM8.2 billion or 31.6%), utility (RM4.0 billion or 15.4%), hotel and tourism (RM1.8 billion or 7.0%) and support services (RM550.9 million or 2.1%).

Most of the job opportunities in the services sector or 95.8% will be in the distributive trade, hotel and tourism, and education sub-sectors. In the distributive trade sub-sector alone, potential employment created in Q1 2019 totalled more than 14,000, making it the largest employer within the services sector. Employment opportunities are found in both large and small establishments, with 59.3% of the employment opportunities exist in the wholesale and retail trade sector.

The development of the hospitality industry, which is well dispersed across the country will provide opportunities for the youth to learn the skills working in both high-end 5-star and 4-star hotels. Approved projects in the hotel and tourism sub-sector are expected to create about 2,300 new jobs, from managerial positions to front-line operations.

Demand is also found in the private education sector, whereby newly established private education institutions proposed to employ more than 800 employees. This includes jobs for teaching/tutoring staff at the tertiary level.

Manufacturing Sector

Malaysia’s manufacturing sector remains resilient and recorded an impressive approved investment of RM25.4 billion in Q1 2019. This is 126.8% more than RM11.2 billion recorded in Q1 2018. The trend towards more capital-intensive, high value-added and high technology projects are well reflected in the capital investment per employee (CIPE) ratio. The CIPE ratio of manufacturing projects approved in the first quarter of 2019 wasRM1,105,582 compared with RM805,531 in Q1 2018. A total of six manufacturing projects with investments of at least RM1 billion, with total investments of RM16.5 billion, were approved in Q1 2019. The manufacturing sector also featured 20 projects approved with investments of at least RM100 million or more. Investments into these 26 projects reached RM22.3 billion or 87.8% of total investments approved in the manufacturing sector.

The manufacturing projects approved will create 22,970 new job opportunities. The jobs created include 1,590 electrical and electronics engineers, 710 mechanical engineers and 180 chemical engineers. In addition, the approved manufacturing projects will also require about 1,710 skilled craftsmen such as plant maintenance supervisors, tools and die makers, machinists, IT personnel, quality controllers, electricians and welders.

From January to March 2019, foreign investments in approved manufacturing projects rose by 127.0% to RM20.2 billion from RM8.9 billion in the corresponding period last year. The increase reflects the country’s continuous competitiveness as a location of choice for investments. These approved projects are expected to generate strong multiplier effects, which include the growth of domestic companies or engineering supporting industries, cluster development, local sourcing, strengthening of R&D activities and human capital development. The USA (RM11.5 billion), China (RM4.4 billion), Singapore (RM2.2 billion), Japan (0.6 billion), and the British Virgin Islands (RM0.5 billion) accounted for 95.0% of total approved foreign investments in the manufacturing sector.

Two notable investments from the USA were projects from Micron Technology and Jabil Circuit. These companies will be expanding their manufacturing operations in Penang. A notable investment from China was from XSD International Paper, which is projected to drive the development of all related papermaking in the region with its proposed RM2.3 billion of investment. The company plans to cooperate with a local technical university to improve the papermaking skills in Malaysia.

The targeted 3+2 catalytic and high potential growth sub-sectors namely the electrical and electronics (E&E), chemical and chemical products, machinery and equipment, medical devices, and aerospace as identified under the 11th Malaysia Plan contributed 66.14% (RM16.8 billion) to the total approved investments in the manufacturing sector. The E&E industry contributed 92.8 per cent of total investment approved in the 3+2 sectors for the first three months of 2019. Once implemented, these projects will further energise the development and growth of the overall manufacturing sector in Malaysia.

A total of 150 (70%) of the manufacturing projects approved will be located in Selangor (75), Pulau Pinang (41) and Johor (34). In terms of value, Pulau Pinang (RM8.8 billion) benefitted the most from these investments, followed by Kedah (RM7.6 billion) and Johor (RM2.4 billion).

Primary Sector

The primary sector contributed RM2.4 billion or 4.5% to the total approved investments in Q1 2019. Majority of investments were contributed by domestic sources (RM1.4 billion or 58.3%), while foreign investment amounted to RM1.0 billion or 41.7%.

The mining sub-sector, dominated by the oil and gas exploration activities, led with approved investments of RM2.2 billion or 91.7%, followed by plantation and commodities with RM140.0 million and agriculture sub-sector with RM43.5 million.

Conclusion

Following the encouraging numbers of approved investments in Q1 2019, MITI and its agencies particularly MIDA, will continue to assume a strong role in attracting more quality investments as well as facilitating the implementation of approved projects. As to date, MIDA has 471 projects in the pipeline with investments worth RM30.4 billion for the manufacturing and services sectors.

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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 a strong 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, @OfficialMIDA.

Media Release Q12019 Investment Performance

Siaran Media Q12019 Pelaburan Diluluskan (Mal)

Posted on : 10 June 2019

 

Q1 2019 Approved Investments in the Manufacturing, Services and Primary Sectors Reach RM53.9 Billion FDI in the Manufacturing Sector Soared by 127.0%


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Penang has consistently ranked among the top investment destinations in the country over the last five decades. As of 2018, MIDA approved a total of 4,084 manufacturing projects with investments worth RM129.1 billion for Penang.

16 May 2019, Kuala Lumpur – Penang has consistently ranked among the top investment destinations in the country over the last five decades. As of 2018, MIDA approved a total of 4,084 manufacturing projects with investments worth RM129.1 billion for Penang. These projects have created over 516,600 job opportunities, mainly in electrical and electronics products, basic metal products, scientific and measuring equipment, machinery and equipment and transport equipment. Approved foreign investments in the manufacturing sector totalled RM90.4 billion, accounting for 70 per cent of total investments approved for the State, while domestic investments assuming the remaining 30 per cent or RM 38.7 billion. Last year alone, a total of 108 manufacturing projects to be located in Penang worth RM5.8 billion were approved by MIDA.

“Since the arrival of the eight pioneer foreign companies also known as the ‘8 Samurais’ in Penang, in the 1970s, the state continues to have a strong presence of MNCs and Large Local Corporations (LLCs). Companies such as WD Media (Malaysia), Intel Technology, Jabil Circuits, B Braun Medical Industries, Osram Opto Semiconductor, HP Malaysia, Vitrox Technologies, Inari Group, Southern Steel, and DSEM System Technology hold much promise for business collaborations and opportunities,” said Mr Arham Abdul Rahman, Deputy Chief Executive Officer (DCEO) of MIDA during the MIDA Invest Series: Unfolding States’ Business Potential held yesterday at the MIDA Headquarters.

The Invest Series event which highlighted the comparative and competitive advantages of investing in Penang featured a presentation by YBhg. Dato’ Seri Lee Kah Choon, Special Investment Advisor to Chief Minister of Penang. The event attracted over 250 participants ranging from embassies, business chambers and associations as well as industry players from the services and manufacturing sector.

During the event, Mr. Arham also highlighted the programmes introduced by the Ministry of International Trade and Industry as follows:

  • i.The Readiness Assessment programme whereby up to 500 qualified SMEs can be part of the programme for free;
  • ii.A loan guarantee programme for companies to invest in automation and modernisation;
  • iii.The double tax deduction initiative to improve the employability of graduates and Industry 4.0 related skill competencies,
  • iv.The Industry 4WRD Vendor Development Programmes.

“MIDA currently facilitates Industry 4.0 related investments through schemes such as Tax Incentives, Domestic Investment Strategic Fund (DISF), Automation Capital Allowance (Automation CA) and High Impact Fund (HIF). Multiple engagements with the business community are currently undertaken to highlight the opportunities that are available for companies,” said En. Arham.

The Deputy CEO of MIDA also said that taking into account that the various incentives and grants currently provided by the Government are insufficient to address the need of local companies, MIDA has established a dedicated team under the Investment Coordination Platform or ICP to assist local companies or SMEs to grow their businesses and investment portfolio. The ICP team works closely with equity and venture capital firms, corporate finance advisory firms, government agencies as well as local regulators and technology providers.

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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 a strong 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, @OfficialMIDA.

For more information, please contact:

Mr Sikh Shamsul Sikh Abdul Majid

Director

Domestic Investment & Supply Chain Division, MIDA

Tel.: 03 2267 3766

Email: [email protected]

Download:

Speech By DCEO I of MIDA_MIDA Invest Series_Penang

Slide Presentation by investPenang

Posted on : 16 May 2019

Penang Attracts Rm129.1 Billion Worth of Approved Investments in the Manufacturing Sector as At 2018


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Moving forward, the team will engage and strategise various action plans covering promotional activities and engagements with relevant stakeholders including domestic industries.

Following the signing of the Memorandum of Understanding (MoU) between the Malaysian Investment Development Authority (MIDA) and China Communications Construction Company Ltd. (CCCC) on 25 April 2019 in Beijing, witnessed by YAB Tun Dr. Mahathir Mohamed, Prime Minister of Malaysia and His Excellency Li Keqiang, Premier of the State Council of the People’s Republic of China, a dedicated team within MIDA has been established to facilitate, evaluate and review the implementation of the Economic Accelerator Projects (EAP) along theEast Coast Railway Link (ECRL) corridor.

Moving forward, the team will engage and strategise various action plans covering promotional activities and engagements with relevant stakeholders including domestic industries.

These catalytic projects will create a wide spectrum of business and job opportunities including the development of industrial parks, logistics hub and transit-oriented development along the ECRL corridor.

The ECRL project, which will form the East-West rail transport network is designed to stimulate the commercial, logistic, import & export, as well as tourism development activities along the proposed alignment. With the inflows of Foreign Direct Investment (FDI) & Domestic Investment (DI) and potential growth for industrial, commercial and tourism sectors, the railway will contribute towards bridging the development gap between the east and west coasts of Peninsular Malaysia.

MIDA together with CCCC will promote the EAP to maximise its success potential and invite local and international investors to invest in the projects. Both parties will also undertake cooperation and capacity building activities to encourage the industrial and business communities to organise or participate in dialogues, workshops, seminars and conferences; technical assistance to promote and facilitate capacity building and training; the sharing of best practices.

MIDA will provide information regarding the implementation of EAP from time to time.

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For more information, please contact:

En. Farez Amha Abdullah

Senior Deputy Director, ECRL Unit, MIDA

Tel.: 03-2267 3462

Email: [email protected]

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 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, @OfficialMIDA.

Posted on : 15 May 2019

MIDA Establishes Dedicated Team to Promote The Development of Industrial Parks, Infrastructure, Logistics Hub and Transit-Oriented Developments Along ECRL Project


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Cochlear Limited (ASX: COH), the global leader in implantable hearing solutions, today announced an expansion of services in its Global Repair Centre located in Kuala Lumpur, Malaysia. The Australian Acting High Commissioner to Malaysia Michael Growder, together with officials from the Australian Trade and Investment Commission, Malaysian Investment Development Authority (MIDA), Association of Malaysian Medical Industries (AMMI), Ministry of Health (MOH), KPJ Healthcare University College and other related bodies attended the ceremony to mark the expansion of the facility

KUALA LUMPUR, MALAYSIA – 18 June 2019: Cochlear Limited (ASX: COH), the global leader in implantable hearing solutions, today announced an expansion of services in its Global Repair Centre located in Kuala Lumpur, Malaysia. The Australian Acting High Commissioner to Malaysia Michael Growder, together with officials from the Australian Trade and Investment Commission, Malaysian Investment Development Authority (MIDA), Association of Malaysian Medical Industries (AMMI), Ministry of Health (MOH), KPJ Healthcare University College and other related bodies attended the ceremony to mark the expansion of the facility.

The Cochlear Global Repair Centre was established in 2015, consolidating eight centres around the globe into one world-class facility. Since its opening, the Global Repair Centre has delivered more efficient, faster and consistent external sound processor repairs for customers, enabling a better customer experience and even greater processor reliability. Cochlear is now expanding its services to assemble replacement Nucleus 6 sound processors, where required, for existing customers covered by Cochlear’s processor warranty.

In acknowledging the positive contributions it brings, Dato’ Abdul Majid Ahmad Khan, Chairman of MIDA, said “Cochlear is an example of the type of investments we want to see coming into Malaysia. We are pleased to note that the company has employed 195 Malaysians so far. Cochlear’s effort to enhance the skills of these local employees, especially in the field of hearing implants, is commendable whereby these employees had undergone specific trainings in Malaysia and Australia. We believe that these local talents will gain so much experience from the transfer of technology and know-how.”

Cochlear Malaysia is an important part of the Company’s global business. Beginning with a small IT team in 2010, today Cochlear Malaysia is a thriving service centre which hosts the Global Repair Centre, Corporate Shared Services (including IT, customer service and procurement), the Company’s regional sales team, and a small research and development function.

“Leveraging on the availability of the established supporting industries conforming to the world-class standard, we trust that Cochlear will be able to enjoy the many advantages Malaysia offers. MIDA will continue to be Cochlear’s partner and provide our full support to facilitate its business in the country,” added Dato’ Abdul Majid.

“Kuala Lumpur has proven to be a great place to centralise our global, support services,” said Greg Bodkin, SVP Supply Chain & Operational Excellence, Cochlear. “We have significantly grown our workforce with the right skills to support our business globally. The legal and regulatory environment is pro-business, tax rules are attractive and English-language skills are abundant. For our Global Repair Centre, we’ve been able to hire local engineers and electronics technicians, who repair the sound processors for customers around the world and deliver to Cochlear’s global standard of quality.”

“We’re a growing company in a growing industry,” Bodkin added. “As we expand our global supply chain capacity to support this growth, Malaysia is and will increasingly be an important part of our global operations network.”

Dato’ Abdul Majid also said, “The medical devices industry has been identified as one of the high potential growth industries under the 11th Malaysia Plan due to its strong linkages to other manufacturing subsectors. Therefore, we view this project as a catalyst to boost the development of the medical device ecosystem in the country and hope that it will attract other global medical device industry players.”

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About Cochlear Limited (ASX: COH)

Cochlear is the global leader in implantable hearing solutions. The company has a global workforce of more than 3,500 people and invests more than AUD$160 million each year in research and development. Products include cochlear implants, bone conduction implants and acoustic implants, which healthcare professionals use to treat a range of moderate to profound types of hearing loss. Since 1981, Cochlear has provided more than 550,000 implantable devices, helping people of all ages, in more than 100 countries, to hear.

www.cochlear.com

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Kristina Devon

Head of Investor Relations

Ph: (+61) 2 9611 6691

[email protected]

 

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 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 further information, please contact:

Ms. Balkish Mohd Yasin

Director, Life Sciences & Medical Technology Division

03-2267 3458 | [email protected]

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Chairman’ of MIDA Speech_Official Opening of Cochlear’s Global Repair centre

Posted on : 18 June 2019

Cochlear Announces Expansion of Global Repair Centre for Implantable Hearing Solutions in Kuala Lumpur


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The Conference on Tourism Potential in Sabah and Sarawak organised by the Malaysian Investment Development Authority (MIDA) on 18 June 2019 at the MIDA headquarters received an encouraging response with over 80 participants from the Malaysian Association of Hotel Owners (MAHO), Malaysian Association of Amusement Themepark and Family Attractions (MAATFA), hoteliers, tourist attraction operators, business chambers among others

18 June 2019, Kuala Lumpur – The Conference on Tourism Potential in Sabah and Sarawak organised by the Malaysian Investment Development Authority (MIDA) on 18 June 2019 at the MIDA headquarters received an encouraging response with over 80 participants from the Malaysian Association of Hotel Owners (MAHO), Malaysian Association of Amusement Themepark and Family Attractions (MAATFA), hoteliers, tourist attraction operators, business chambers among others.

This inaugural event was an effort with the cooperation of the Ministry of Tourism, Arts and Culture Malaysia (MOTAC), Ministry of Tourism, Culture and Environment Sabah (KePKAS), Ministry of Tourism, Arts, Culture, Youth and Sports Sarawak (MTACYS), Sabah Economic Development and Investment Authority (SEDIA), Malaysia Convention & Exhibition Bureau (MyCEB), MAHO and MAATFA.

Madam Catherine Ridu, Senior Director of the Services Sector Development Division at Ministry of International Trade and Industry (MITI), during her welcoming remarks said “With the upcoming Visit Malaysia 2020 campaign, Malaysia hopes to target 30 million international tourists and RM100 billion tourist receipts. There are many exciting opportunities for our domestic tourism stakeholders, especially those in Sabah and Sarawak, to support this landmark campaign. Therefore, it is crucial for us to strategically position our domestic tourism industry and maximise its capacity to propel the country’s economic transformation.”

In 2018, the services sector continued to be the cornerstone of the nation’s economic growth, contributing a total approved investment of RM103.4 billion or 51.3% of the total approved investments for the year. Of this amount, the 63 hotel and tourism projects approved with investments of RM4.6 billion last year projected creation of almost 4,000 new jobs.

This conference focused on ensuring that the domestic tourism industry players were well informed about the hospitality ecosystems in Malaysia andto encourage new investments into Sabah and Sarawak. As such, it featured presentations by the Healthcare, Education and Hospitality Division of MIDA, MOTAC and MIMOS Berhad, several panel discussions and one-to-one networking session between the participants and MIDA, MOTAC, KePKAS, MTACYS, SEDIA, MyCEB, MAHO and MAATFA.

Mr. Ahmad Khairuddin Abdul Rahim, Senior Executive Director of Strategic Planning and Development, MIDA echoed the message of Madam Catherine Ridu for domestic players to be attuned to gaps and opportunities present in the market and further elaborated saying “MIDA has been looking beyond the common understanding of tourism as being limited to vacation activities only. We have been actively pursuing investments and development in niche tourism areas such as ecotourism, halal tourism and cultural tourism. Some exciting international sports tourism events scheduled in 2019, namely the TMBT Ultra Trail Marathon andBorneo International Yachting Challenge, is set to attract more tourists arrivals into Sabah and Sarawak.”

In preparation for Visit Malaysia 2020, MIDA hopes that this event will promote more investments and initiatives in the hotel and tourism industry in Sabah and Sarawak to ensure the growth and sustainability of the domestic tourism industry. Additionally, MIDA will continue to organise similar series of engagements to further promote the growth of local hospitality industry.

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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:

Ms Manjit Kaur Balkar Singh

Director, Healthcare, Education and Hospitality Division, MIDA

Tel: 03- 2267 3509 | Email: [email protected]

Download:

Opening Remarks MITI_Conference on Tourism Potential In Sabah And Sarawak

Welcome Remarks MIDA_Conference On Tourism Potential In Sabah And Sarawak

Posted on : 18 June 2019

Hospitality Ecosystems in Malaysia: Sabah and Sarawak A Vibrant Tourist Destination


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The Malaysian Investment Development Authority (MIDA), Malaysian Plastics Manufacturers Association (MPMA) and the Malaysian Petrochemicals Association (MPA) co-organised the biennial MPMA-MPA-MIDA Conference on Government Assistance at MIDA headquarters today. The Conference, attended by over 120 participants, aimed to create awareness and update members on the various Government policies, facilitation and assistance available for the plastics industry

9 July 2019, Kuala Lumpur – The Malaysian Investment Development Authority (MIDA), Malaysian Plastics Manufacturers Association (MPMA) and the Malaysian Petrochemicals Association (MPA) co-organised the biennial MPMA-MPA-MIDA Conference on Government Assistance at MIDA headquarters today. The Conference, attended by over 120 participants, aimed to create awareness and update members on the various Government policies, facilitation and assistance available for the plastics industry.

YBhg Dato’ Azman Mahmud, Chief Executive Officer of MIDA officiated the Conference said that the growth and sustainability of the domestic downstream plastic sub-sector require the support of a robust upstream industry. The positive progress of Refinery and Petrochemical Integrated Development (RAPID) project by PETRONAS in Pengerang, Johor is a good example whereby its development has directly opened up opportunities for plastic manufacturers to expand and develop their products for higher end and sophisticated clientele.

“Despite the challenges faced, the launch of the Roadmap Towards Zero Single-Use Plastics 2018-2030 by the Ministry of Science, Technology, Environment and Climate Change (MESTECC) last year presented industry stakeholders with opportunities to diversify their products offering and move up the value chain. Industry players have to embrace adaptable business models that are receptive to changing business environments. Companies have no choice but to adopt automation, smart concepts and technologies in its manufacturing process to increase productivity and competitiveness. The Government, on the other hand, will continuously seek out favourable policies and provide the necessary assistance and facilitation to ensure Malaysia’s investment climate remains attractive for businesses,” added Dato’ Azman.

Speaking at the opening of the Conference, Datuk Noraini Soltan, Vice-President of MPMA, reaffirmed the plastics industry’s position in the manufacturing sector. “The plastics industry is a major supporting industry to many other important sectors including the electrical and electronics, automotive and food packaging industries through the supply of plastic parts and components as well as plastic packaging materials. It is also recognised as a top exporter of plastic packaging materials among the Asian countries,” she said.

“This Conference is an excellent avenue for plastics manufacturers to be aware of pertinent Government policies and facilitation to enhance trade facilities and operational efficiency so that they are able to adopt new technologies and grow their businesses. As companies transform, we must also continue supporting our people by equipping them with new, invaluable skills they will need to further their careers. This, in turn, will contribute to significant economic impact and high-value job creation in the medium to long term,” added Datuk Noraini.

As of March 2019, more than 1,500 manufacturing projects in the plastics industries with investments valued over RM18 billion has been implemented in Malaysia. These projects have created more than 103,000 employment opportunities in the country.

The MPMA-MPA-MIDA Conference on Government’s Assistance featured sessions by speakers from MIDA, MPA, Ministry of International Trade and Industry (MITI), Malaysian Industrial Development Finance Berhad (MIDF), Malaysia Digital Economy Corporation (MDEC), Malaysia Productivity Corporation (MPC), Malaysia External Trade Development Corporation (MATRADE) and the Malaysia Green Technology Corporation (MGTC), followed by breakout sessions to address one-to-one queries from participants.

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About MPMA

The Malaysian Plastics Manufacturers Association (MPMA), established in 1967, is a progressive trade association providing leadership and quality service to its members and the plastics industry. MPMA is the official voice of the Malaysian plastics industry, representing its members and the industry in Government interaction, spearheading the plastics industry’s growth and providing the platform to assist members in being globally competitive.

MPMA currently has about 750 members comprising Ordinary members, which represent about 60 per cent of plastics manufacturers in the country and account for 80 per cent of the country’s total production of plastic products, as well as Associate members who are mainly raw material and machinery suppliers.

About MPA

The Malaysian Petrochemicals Association (MPA) was officially formed on March 19, 1997, and it is a formal Association registered with the Registrar of Societies, Malaysia. MPA has 23 members engaged in the manufacture and trading of petrochemicals and plastic resins.

The main objectives of the Malaysian Petrochemicals Association (MPA) are as follows:

  • To provide a forum to discuss and resolve common problems of the petrochemical industry.
  • To provide a focal point for the petrochemical industry to liaise with the public and government and to make recommendations on relevant issues.
  • To advance the philosophy of Responsible Care, its implementation and compliance throughout the industry.
  • To represent the petrochemical industry within Malaysia to interface with similar groups on an international basis.
  • To compile and disseminate information of common concerns and provide facilities for consultation and exchange of views between members.

The Plastic Resins Producers’ Group (MPA PRPG) is a product group under the MPA. Membership in PRPG is open to manufacturers of plastic resins in Malaysia. MPA PRPG currently has 10 members.

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:

Mr. SC Chan

Manager, MPMA

Tel: 603-7876 3027 | Fax: 603-7876 8352

Email: [email protected]

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Secretariat

Malaysian Petrochemicals Association (MPA)

Tel: 03-6286 7200 | Fax: 03-6277 6714

E-mail: [email protected] / [email protected]

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Ms. Surayu Susah

Director, Chemical and Advanced Materials Division, MIDA

Tel: 03-2267 6773 | Email: [email protected]

Download: 

Welcome Address by Vice President of MPMA

Keynote Address by CEO of MIDA

Posted on : 09 July 2019
 

Malaysia Promotes Specialised And High-End Plastic Products


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The Malaysian Investment Development Authority (MIDA) organised the Sarawak Domestic Investment Seminar 2019 today in collaboration with Ministry for Industrial and Entrepreneur Development Sarawak (MIED) as a platform to update the industry players especially in East Malaysia region on the latest policies and facilities that are available

26 June 2019, Kuching, Sarawak – The Malaysian Investment Development Authority (MIDA) organised the Sarawak Domestic Investment Seminar 2019 today in collaboration with Ministry for Industrial and Entrepreneur Development Sarawak (MIED) as a platform to update the industry players especially in East Malaysia region on the latest policies and facilities that are available.

The Sarawak Domestic Investment Seminar 2019 was graced by YB Datuk Amar Haji Awang Tengah Ali Hassan, Deputy Chief Minister of Sarawak. During his speech, it was emphasised that “The state has been conducting many outreach programmes, especially towards building the capabilities of our local industry players which consists mainly of small and medium enterprises (SMEs). Despite all our continuous efforts, there is still a lack of awareness among the local business community regarding the various facilities and support provided by the state and federal Government.”

Moreover, he added that “In today’s globalised world, competition is more intense, coming not just from developed economies but also from the developing countries. Therefore, the Government needs to make 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.”

Mr. Arham Abd. Rahman, Deputy Chief Executive Officer of MIDA in his welcoming remarks, also mentioned that “The Government is providing more opportunities for companies to move towards Industry 4.0 through various initiatives. This includes incentive packages such as the Pioneer Status (PS), Investment Tax Allowance (ITA) and the Domestic Investment Strategic Fund (DISF). There are also tax incentives for the production of robotics; the Automation Capital Allowance (Automation CA) to encourage automation in the manufacturing industry; and the Soft Loan Scheme for Automation and Modernisation (SLAM) to enhance manufacturing processes, upgrade production capability and capacity, and diversify into higher value-added activities.With these facilities in place, companies’ particularly domestic players need to take full advantage of the facilities available. We urge not only to adopt automation and other smart technologies, but also to invest in their talent by retraining the workforce and undertake collaborations with the many training institutions that are already available in the country.”

As of 2018, a total of 770 projects worth RM82.7 billion have been implemented in Sarawak. These projects have created more than 104,000 employment opportunities in the state, mainly in the natural gas, chemical and chemical products, basic metal products, electronics and electrical products, wood and wood products sectors.

“With so much development happening in the state, there is certainly more room for expansion and diversification activities, particularly in new growth areas. We encourage more companies to take advantage of the established ecosystem and facilities that Sarawak has to offer” added Mr. Arham.

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 a broad range of speakers from the MATRADE, MIDF, EXIM Bank, MPC, Standards Malaysia, SIRIM and MIDA.

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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 a strong 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. Sikh Shamsul Ibrahim Sikh Abdul Majid

Director, Domestic Investment and Supply Chain Coordination Division, MIDA

Tel.: 03-2267 6633 | Email: [email protected]

Download:

Welcoming Remark by DCEO I MIDA_Domestic Investment Seminar Sarawak 2019

Keynote Address by YB DCM_Domestic Investment Seminar Sarawak 2019

Posted on : 26 June 2019

 

Domestic Investment Seminar in Sarawak : MIDA Continues To Create More Business Opportunities for Investors


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​“In light of the projected double-digit growth of e-Commerce in the region, Malaysia is ready to take part in transforming the existing digital landscape into a bright digital future. The Government through MIDA has expanded the logistics incentive scheme by introducing the second round Integrated Logistics Services (ILS) incentive to encourage logistics companies to adopt technology in their operations and to position themselves as regional e-Fulfilment hub providers in Malaysia. From 2017 until March 2019, MIDA has approved eight e-Fulfilment projects in which seven of these projects are locally owned,” said YB Dr. Ong Kian Ming, Deputy Minister of the International Trade and Industry at the “Investment Opportunities in the E-Commerce Fulfillment Industry Seminar 2019” held in the Ministry of International Trade and Industry (MITI)

“In light of the projected double-digit growth of e-Commerce in the region, Malaysia is ready to take part in transforming the existing digital landscape into a bright digital future. The Government through MIDA has expanded the logistics incentive scheme by introducing the second round Integrated Logistics Services (ILS) incentive to encourage logistics companies to adopt technology in their operations and to position themselves as regional e-Fulfilment hub providers in Malaysia. From 2017 until March 2019, MIDA has approved eight e-Fulfilment projects in which seven of these projects are locally owned,” said YB Dr. Ong Kian Ming, Deputy Minister of the International Trade and Industry at the “Investment Opportunities in the E-Commerce Fulfillment Industry Seminar 2019” held in the Ministry of International Trade and Industry (MITI) today.

The Seminar, which was an initiative of the National e-Commerce Council (NeCC), was organised by the Malaysian Investment Development Authority (MIDA) in collaboration with MITI and the Malaysia Digital Economy Corporation (MDEC). It aims to position Malaysia as an “E-Fulfillment Hub”, focusing on leveraging greater integration across the industry to support its rapid growth in the country.

The event was well attended by over 350 participants from various fields, including government agencies, logistics providers, e-Commerce players and potential investors. It featured panel sessions by a broad range of speakers from government agencies (MIDA, MDEC, MITI, Customs) and industry players (GDEX, DHL, Urban Fox, Cainiao, CJ Century, Logistics Worldwide Express, Easy Parcel and iStoreiSend).

YB Dr. Ong in his speech highlighted that the joint venture between Malaysia Airports Holdings Berhad (MAHB) with Alibaba’s logistics arm, Cainiao Smart Logistics Network (Hong Kong) Ltd, to develop a regional e-Commerce and logistics hub at KLIA, is progressing well. He urged local logistics players to gear up and take advantage of the huge growth opportunities. “Companies also need to invest and adopt cutting-edge technologies, and to explore potentially disruptive technologies to create new ways of business, as well as to lower cost while enhancing overall efficiency,” added YB Dr. Ong.

The interest of companies in emerging areas, such as cold chain logistics, last mile delivery services and halal logistics is growing, due to the high margins and rising demand. The economy of the country is expected to grow between 5% and 6% and this will indeed drive the growth of the logistics industry further.

Mr. Arham Abdul Rahman, Deputy Chief Executive Officer of MIDA in his welcoming remarks said,” MIDA takes the helm in developing the nation’s e-Fulfilment hub, under the Malaysian National E-Commerce Strategic Roadmap (NESR). We focus on developing the capability and efficiency of logistics service providers in operating e-fulfilment facilities to cater to the diverse needs of the online shopping market. We continuously encourage logistics companies to invest in physical and virtual ICT systems, such as Warehouse Management Systems (WMS) and Smart Logistics to enable them to undertake complex activities. MIDA has also taken the initiative alongside MDEC to enhance talent development in the e-Commerce and e-fulfilment industries. Some of the measures in place include improving industry readiness of new graduates and encouraging SMEs to provide training for employees. In addition to generate high income jobs for Malaysians, these measures will eliminate labour market mismatch and maximise productivity.”

“eCommerce is a key tenet of the digital economy, providing far-reaching business opportunities and societal upliftment opportunities for Malaysia. MDEC applauds continuous engagement of this type borne out of collaboration between the public and private sectors, which will boost the development of our eCommerce ecosystem and strengthen the platform from which our SMEs can expand into wider markets,” said Dato’ Mathialakan Chelliah, acting Chairman, MDEC.

The event also witnessed the Memorandum of Understanding (MoU) exchange between MIDA and DHL Express. This collaboration is an initiative to attract DHL’s potential MNC clients to look at Malaysia as an investment destination either for relocation or to centralise their operational function (regional operations) as well as business expansions.

“As the world’s leading express logistics service provider with a global network comprising more than 220 countries and territories, DHL Express has been a leading advocate of international trade and a champion of globalisation for the growth and prosperity it brings. Naturally, DHL Express Malaysia’s commitment to support MIDA is very much aligned to this ethos. With a stable and growing economy, and a robust infrastructure, there is a lot that Malaysia can offer foreign companies as the country progresses toward the fourth industrial revolution (Industry 4.0)”, said Julian Neo, Managing Director, DHL Express Malaysia and Brunei.

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About MITI

MITI is the key driver in making Malaysia the preferred destination for quality investments and enhancing the nation’s rising status as a globally trading nation. Its objectives and roles are oriented towards ensuring Malaysia’s rapid economic development and help achieve the country’s stated goal of becoming a developed nation.

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.

About MDEC

Malaysia Digital Economy Corporation (MDEC) is the government agency under the Ministry of Communications and Multimedia Malaysia entrusted to lead the nation’s digital economy forward. MDEC’s mandate includes driving digital adoption, development of industry ready tech talents, digital economy policies and global champions.

To future proof Malaysia for the digital age, MDEC will leverage its proven track record, industry credibility and experienced leadership to connect, catalyse and commercialise digital initiatives to advance a thriving and sustainable digital economy placing diversity and inclusivity at its core. #LetsBuildTogether #DigitalMalaysiaForward. To find out more about MDEC’s Digital Economy initiatives, please visit www.mdec.my or follow MDEC on: Facebook: @MyMDEC Twitter: @mymdec

For more information:

Ministry of International Trade & Industry

Strategic Communications Unit

Tel: 03 6200 0082

Fax: 03 6206 4293

E-mail: [email protected]

Ms. Wahida Abdul Rahman

Director, Business Services & Supply Chain Innovation Division, MIDA

Tel: 03-2267 6622

Email: [email protected]

Ms. Sharifah Syazreen Syed Agail

Senior Executive, Communications, MDEC

Tel: 03-8314 1839

Email: [email protected]

Download:

Opening Remarks by DCEO I of MIDA – Seminar on eFulfilment Hub

Keynote Address by YBDM of MITI- Seminar on eFulfilment Hub

Posted on : 10 July 2019

 

Malaysia Offers Vast Opportunities In e-Commerce Fulfillment Industry


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​As announced in May, this year, the Malaysian Investment Development Authority (MIDA) has established the East Coast Rail Link (ECRL) Unit as a dedicated contact point to facilitate and promote the development of the Economic Accelerator Projects (EAP) along the ECRL corridor. The Unit is currently engaging with the respective states and interested parties to inform and promote the EAPs

  • As announced in May, this year, the Malaysian Investment Development Authority (MIDA) has established the East Coast Rail Link (ECRL) Unit as a dedicated contact point to facilitate and promote the development of the Economic Accelerator Projects (EAP) along the ECRL corridor. The Unit is currently engaging with the respective states and interested parties to inform and promote the EAPs.
  • Thus far, MIDA has been involved in many awareness programs to provide information regarding ECRL, including the interview with Bernama News Channel (31 May 2019), the Malaysia-China Manufacturing Roundtable Meeting in Sabah (14 June 2019) and the Malaysia-China Outlook Forum (8 July 2019). Moving forward, MIDA plans to organise seminars and business events to further promote and receive information from companies keen to take part in EAP development.
  • Based on the Memorandum of Understanding (MoU) signed by MIDA with the China Communications Construction Company Ltd. (CCCC), MIDA, as the principal investment promotion agency of the country will identify and assist interested Malaysian companies to cooperate with CCCC in the EAPs.
  • The EAPs will include the development of an industrial park in the East Coast and West Coast of Peninsular Malaysia to attract trade and investments along the ECRL corridor. It also involves the establishment of logistics hubs at transport interchanges to promote connectivity and transportation of goods under the ECRL project, and transit-oriented development (TOD) stations to promote new development and to support the growth of industrial parks.
  • The MoU facilitates cooperation via the establishment of special purpose companies (SPC) between CCCC and the interested Malaysian company for the development of the EAP. CCCC will undertake a feasibility study, development planning, marketing strategies, including investment into the project.
  • MIDA, through its promotional network, will facilitate the provision of suitable land for project development. Under the MoU, no exclusivity of land is determined or granted to any parties. Land policy is under the purview of the state authorities. Conditions may be imposed by the respective state authorities handling land matters, namely State Land and Mines offices, depending on the category of land being applied for. Land reserved for natives and Bumiputera cannot be owned by foreigners.

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For more information, please contact:

En. Farez Amha Abdullah

Senior Deputy Director, ECRL Unit, MIDA

Tel.: 03-2267 3462

Email: [email protected]

ABOUT MIDA

MIDA is Malaysia’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 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, @OfficialMIDA.

Posted on : 11 July 2019

MIDA Urges Domestic Companies to Join the Economic Accelerator Projects


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