MIDA, EPF-linked ALP hold forum on reshaping Malaysia’s supply chain landscape
16 Jan 2025
Malaysian Investment Development Authority (MIDA) has co-organised a forum on supply chain with Ally Logistic Property (ALP) to explore innovative solutions and opportunities for reshaping Malaysia’s supply chain landscape.
The “Future of Supply Chains: Optimising, Planning and Automating for Success” forum saw participation from 150 industry leaders and featured two high-impact sessions addressing the industry’s most critical challenges and opportunities
MIDA deputy chief executive officer (investment development) Zalina Zainol said Malaysia has always been recognised as a reliable and well-connected logistics hub.
The country, she added, is well positioned to seize the opportunities created by global shifts in supply chains.
However, to fully capitalise on these opportunities, it must ensure that its infrastructure and logistics services are equipped to meet evolving demands.
“The government is assuming a proactive role to encourage innovation through the introduction of the income tax exemption for Smart Logistics Complex companies in Budget 2025.
“This initiative promotes the adoption of the Industry 4.0 technologies in warehousing and logistics, driving smarter and more efficient operations,” she said.
As of September 2024, MIDA approved 111 integrated logistics projects projects worth RM12.85 billion and granted International Integrated Logistics Services status to 301 companies.
ALP Omega 1 Bukit Raja is backed by the Employees Provident Fund which holds a 70 per cent stake in the project.
“The integration of smart technologies into logistics is not just the way forward— it is a game-changer that will shape the future of our industry,” said ALP chief executive officer Charlie Chang.
Source: NST
