Industrial automation / Industry 4.0
what
- Recognizing the importance of modernizing the local manufacturing sector, the government has begun incentivizing the industry to embrace automation adoption and runs a multitude of incentive programmes including funds and grants
- A large portion of Malaysian companies have automated fewer than 50% of their processes. Only 20% for SME
- The manufacturing sector's failure to modernize is linked to Malaysia's heavy dependence on foreign investment, which predominantly prioritizes low value-added production
how
- The government is committed to assist more local manufacturers to adopt automation and runs a multitude of incentive programmes such as The Automation Capital Allowance (Automation CA), Industry4WRD Intervention Fund, and Automation Project Initiatives (API)
call to action
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