MITI minister Tengku Datuk Seri Zafrul Abdul Aziz says the New Industrial Master Plan 2030 (NIMP 2030) aims to boost the competitiveness of the nation’s small and medium enterprises, and improve the lives of Malaysians.
Category
🗞
NewsTranscript
00:00 At the heart of our efforts are the SMEs.
00:03 Our goal is to enhance their competitiveness,
00:06 enabling them to seamlessly integrate into global supply chains.
00:11 Equally important is the rakyat,
00:13 whom we aim to provide with higher paying and better quality jobs.
00:18 Through this industrial transformation,
00:20 we are committed to rebuild our middle class,
00:23 ensuring that the key stakeholders can also thrive in our prosperous future.
00:29 Ladies and gentlemen,
00:31 Malaysia's manufacturing sector continues to be a cornerstone of our economy.
00:35 For the second quarter of 2023,
00:39 the manufacturing sector accounts for 23.6% of our national GDP,
00:45 our economy's second largest contributor.
00:48 It also contributes 80% to the nation's total export,
00:52 while employing roughly 17% of Malaysia's total workforce.
00:56 So in short, the manufacturing sector serves as a key engine of growth
01:01 to drive the nation's next phase of economic expansion.
01:05 The NIMP 2030 aims to expedite Malaysia's industrial transformation
01:10 by enhancing the competitiveness of Malaysian companies
01:13 and ensuring their greater integration with global value chains.
01:18 The Master Plan is also a testament to our commitment to the Madani economic vision.
01:24 So we are aiming for equitable, sustainable and inclusive growth,
01:29 particularly for our rakyat and SMEs.
01:32 [BLANK_AUDIO]