News >> Malaysia - Mahathir to launch the National Policy on Industry 4.0

Malaysia - Mahathir to launch the National Policy on Industry 4.0

Kota Kinabalu: International Trade and Industry Minister Datuk Darell Leiking invited the Federation of Sabah Industries (FSI) to attend the launching of the National Policy on Industry 4.0 in Kuala Lumpur on Oct 31.

Prime Minister Tun Dr Mahathir Mohamad will launch the policy after delivering his keynote address at the International Trade and Industry Ministry's (Miti) Perdana Hall.

Darell met FSI leaders, advisors and council members on Saturday and was briefed by FSI President Datuk Chong Hon Len on FSI's plans for Sabah.

The Minister was impressed with FSI's promotion of Sabah coffee to be an economic pillar of rural development as well as to promote and enhance the Sabah coffee brand, besides other activities like the Sabah International Expo to be held in 2019.

Miti's policy goals are to increase productivity and achieve optimum cost efficiency; to elevate the manufacturing sector contribution to GDP; to increase Malaysia's industry capability as technology and solutions provider; to increase production and exports of high value-added and complex products.

The Federal Government, as enabler for Industry 4.0, intends to develop a comprehensive national strategy on Industry 4.0 with improved infrastructure and ecosystem.

"The Federal Government will facilitate development of standards and technology supply and increase overall awareness on Industry 4.0 while enhancing innovation capabilities within Sabah's palm oil, cocoa and coffee enterprises," said Darell.

"The key challenges for Industry 4.0 are awareness, skills and know-how, digital readiness, high-scale investment, data and cyber security concerns, best practices and use cases with collaborative culture.

"Sabah can develop its chemical industry, one of the catalytic industries in the country with rapid growth due to the availability of oil and gas as a feedstock, coupled with its subsectors of petroleum products and petrochemicals, plastic products, rubber products, chemical and chemical products and oleochemicals," he said.

Darell also encouraged investors from the aerospace industry to look at investing in Sabah as it has been designated as a strategic sector with high growth potential in the country's industrialisation and technological development programmes with subsectors in engineering and design, aero-manufacturing, system integration, maintenance, repair and operations (MRO).

The proposed focus sectors of Industry 4.0 are the Electrical & Electronics, Machinery & Equipment, Chemical, Medical Devices, Aerospace and others like Automotive, Transport, Textiles, Pharmaceutical, Metal, Food Processing and Services, some of which is suitable to be based in Sabah.

The Electrical & Electronics industry is the leading industry in Malaysia's manufacturing sector, contributing significantly to the country's exports and employment with its subsectors of electronic components, consumer electronics, industrial electronics and electrical products.

For Malaysia, the 4th Industrial Revolution is aimed at the total transformation of all industries, from the Primary Sector involving rubber and palm oil etc. to the Secondary Sector in production, manufacturing, etc.

The current manufacturing landscape in Malaysia comprises 49,101 manufacturing establishments, of which 97.1 per cent are SMEs. These companies employ 2,477,000 workers in manufacturing which make up 17.1 per cent of the total workforce in Malaysia. - David Thien

(Source: Daily Express, October 28, 2018)