Miti: Political commitment key for Malaysia to switch to high value-added manufacturing

KUALA LUMPUR, Sept 18 — Malaysia can achieve a shift towards higher-value manufacturing if the country has political commitment and collaboration between the public and private...

KUALA LUMPUR, Sept 18 — Malaysia can achieve a shift towards higher-value manufacturing if the country has political commitment and collaboration between the public and private sectors, Deputy Minister of Investment, Trade and Industry Liew Chin Tong said.

The four missions are advancing economic complexity, enhancing technology to build a digital nation, moving towards “Net Zero” and ensuring economic security and inclusivity. Besides that, he said the governance model of NIMP 2030 took a “whole-of-nation approach”, involving collaboration between the government and the private sectors.

“This projection is based on a growth rate of 6.5 per cent, including contributions from high-impact subsectors such as electrical and electronics, chemicals, electric vehicles, aerospace, pharmaceuticals, medical devices and advanced materials," he said.

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