Malaysia must capitalise on Asean’s manufacturing potential: Tengku Zafrul

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Malaysia must capitalise on Asean’s manufacturing potential: Tengku Zafrul
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KUALA LUMPUR: Malaysia must capitalise on the full potential and opportunities in Asean’s manufacturing sector and ensure that the ecosystem is well-d...

Tengku Zafrul launching AMYC 2024, as Soh and other dignitaries look on. – BernamapicMalaysia must capitalise on the full potential and opportunities in Asean’s manufacturing sector and ensure that the ecosystem is well-developed to support and equip youths with the skills, resources and capacity to navigate the complexities and challenges.

“With over 213 million youths aged 15-34 in the region, projected to reach a peak of 220 million by 2038, these young demographics provide Asean with an edge to move higher in the global value chain,” Tengku Zafrul said in his speech at the Asean Manufacturing Youth Conference 2024 today. He advised young entrepreneurs to create strategic partnerships, engage in mergers and acquisitions, and explore Asean market opportunities to position Malaysia as a leader in the manufacturing sector.

“Third, create value through collaboration. Connect and develop business links through organisations like FMM. Our Youth Committee provides a platform for young business leaders to exchange updates, share experiences, and forge connections,“ Soh

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