PETALING JAYA: The high-end manufacturing sector is faced with the huge challenge of keeping abreast with the latest technology and innovation, research and development investments and employing more skilled workers, according to Deputy Finance Minister II Datuk Lee Chee Leong (pic).
Lee said apart from being faced with stiff competition due to low-cost locations and inefficiences linked with widely used cheap labour, the manufacturing industry were also confronted with issues pertaining to sustainable manufacturing practices, greater compliance with global standards and strenthening ties with stakeholders.
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