EUROCHAM Malaysia had the privilege of being invited to the Ada Apa Dengan NIMP 2030 event, themed "Maju Industri, Maju Ekonomi Rakyat," alongside YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, the Minister of MITI. This event, held on Friday, 8th December, is part of the government's initiatives under the umbrella of the celebration commemorating the one-year tenure of the Madani government.
The event provided valuable insights as YB MITI shared the existing economic challenges, including low complexity, stagnant productivity and declining investment. The New Industrial Master Plan (NIMP) aims to address these challenges by focusing on developing the economy and achieving zero carbon.
The government has committed to various projects in collaboration with counterparts, encompassing water fabrication, advanced materials, smart factories, electric vehicles (EV) and decarbonisation. NIMP is expected to contribute significantly to the country, with projections indicating a 61% increase in GDP, a 20% rise in employment and a median salary target of RM 4,510 by 2023. The key sectors within the NIMP's focus include automotive, chemical, electronics and electrical (E&E), aerospace and advanced materials.
During the event, MITI also launched the Electric Motorcycle Use Promotion Scheme (MARiiCas). Tengku Zafrul encouraged Malaysian citizens to take advantage of this scheme, which offers a cash subsidy of RM2,400 provided by the government.
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