KUALA LUMPUR: Budget 2018 is set to boost the nation’s automotive sector via direct and indirect positive impact on various parties involved in the sector, said the Malaysian Automotive Institute (MAI).
Chief executive officer Datuk Madani Sahari said: “The budget provides a special approach in preparing Malaysia’s growth in accordance with the Industry 4.0. Manufacturers of vehicle component (vendors) can shift into higher gear, resulting from the RM245mil allocation set aside under the budget to upgrade smart manufacturing facilities,” he told Bernama.
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