Wish list for the New Industrial Master Plan 2030

While Malaysia’s NIMP2030 may set out ambitious goals in the form of targets that it intends to achieve, it will likely need the support of the government to make it a reality. — Bloomberg

THE New Industrial Master Plan 2030 (NIMP2030), to be launched next month, is expected to propel the Malaysian economy to the next level with a focus on five key sectors that the government believes will drive industrial development and increase the nation’s economic complexity.

According to the Investment, Trade and Industry Ministry (Miti), the five key sectors identified under the NIMP2030 are aerospace, chemical/petrochemical, digital economy, pharmaceuticals, and electrical and electronics (E&E), which also includes medical devices.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

Wall St set for lower open on lingering concerns over elevated rates
Astro revises dividend policy for FY24 onwards
Ringgit ends higher against US dollar on firmer oil prices
Puncak Niaga drops RM14bil suit against Selangor govt
Bina Darulaman to jointly pursue Solar opportunities in Malaysia
Senheng acquires central distribution centre in Klang, Selangor for RM75.8mil cash
Dialog to invest in malic acid plant in Gebeng, Kuantan
FBM KLCI under selling pressure
Indonesia may issue regulations on social media e-commerce this week
Steven Sim: Not the right time to bring back GST

Others Also Read