Kuala Lumpur,. Tun Dr. Mahathir Mohamad today launched the National Policy on Industry 4.0, known as Industry4WRD at the MITI Tower. The Launching Ceremony was organised in collaboration with the Federation of Malaysian Manufacturers (FMM) in the spirit of public-private partnership.
The event was attended by more than 1,000 participants including Cabinet Ministers, Chief Ministers, Ambassadors, senior Government officials, industry leaders, academicians and members of the public.
The Ministry of International Trade and Industry (MITI) has led the development of Industry4WRD since mid-2017 together with several key ministries, namely Ministry of Finance (MOF), Ministry of Multimedia and Communications (KKMM), Ministry of Human Resources (MOHR), Ministry of Education (MOE), and Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC), agencies, industry and stakeholders.
Industry4WRD is Malaysia’s response to call for digital transformation of the manufacturing sector and its related services by facilitating companies to embrace Industry 4.0 in a systematic and comprehensive manner, and be smarter and stronger driven by people, process and technology.
This Policy envisions Malaysia as a strategic partner for smart manufacturing, primary destination for high-technology industries and total solution provider for manufacturing sector and related services in the region.
Industry4WRD aims to pave the way for enhanced productivity, job creation and high-skilled talent pool in the manufacturing sector, and ultimately contribute to the economic prosperity and societal well-being. Further, it would encourage development of innovative capacity and capability of manufacturing sector and related services to create Malaysia’s own technologies, products and services.
To support the national vision, four specific goals have been established, increase the level of productivity in the manufacturing industry per person from RM106,647 by 30%,elevate the absolute contribution of the manufacturing sector to the economy from RM254 billion to RM392 billion,To strengthen our innovation capacity and capability as reflected by improvement in Global Innovation Index ranking from 35th to top 30 andTo increase the number of high-skilled workers in the manufacturing sector from 18% to 35%.
Primary focus of Industry4WRD covers catalytic sectors and high growth potential sectors identified under the 11th Malaysia Plan, namely Electrical & Electronics, Machinery & Equipment, Chemicals, Aerospace and Medical Devices. Particular attention is also given to SMEs for them to propel forward as they account for the bulk of manufacturing (98.5%) and a major part of employment (42%). Industry 4.0 will transform and scale up SMEs to remain competitive by capturing the benefits of disruptive technologies and innovation.
A total of 22 exhibitors participated to showcase their latest technologies and solutions related to Industry 4.0 such as Internet-of-Things, augmented reality, vision inspection, etc.
MITI will continue to undertake outreach and awareness programmes for industry, businesses and public on the National Policy and will also oversee the overall implementation of the strategies and initiatives outlined in the Policy.