The Government has identified seven categories in the machinery and equipment sector for special incentives so as to encourage their local manufacture, Deputy International Trade and Industry Minister Datuk Mah Siew Keong said.
Companies proposing to manufacture machine tools, plastic injection machinery, plastic extrusion machinery and packaging machinery are eligible for incentives such as pioneer status or investment tax allowance, Mah said in his keynote address at the opening of Machine Tools Show 2005 (MTS 2005) in Kuala Lumpur yesterday.