New economic unit to speed up manufacturing process, says Azmin | The Malaysian Insight

New economic unit to speed up manufacturing process, says Azmin

Senior Minister Mohamed Azmin Ali says the International Trade and Industry Ministry is confident Penjana will boost domestic and foreign investment, as well as attract multinational companies to relocate their operations to Malaysia. – The Malaysian Insight file pic, June 6, 2020.

THE Malaysian Investment Development Authority will set up a new unit called the Project Acceleration and Coordination Unit to facilitate the approval process and speed up implementation of approved manufacturing projects. Senior Minister Mohamed Azmin Ali said in a statement today that under the unit, the manufacturing licence approval process for non-sensitive industries will be shortened to just two business days.

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