KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) has collaborated with Daikin Malaysia Sdn Bhd and the Selangor Human Resource Development Centre (SHRDC) to organise the MIDA-Daikin Supply Chain Programme.
The programme is aimed at helping Malaysian suppliers and local small and medium enterprises (SMEs) strengthen their competitiveness and participate more actively in global manufacturing supply chains.
In a statement today, MIDA said the programme brought together more than 100 participants, comprising Daikin’s ecosystem partners, including Daikin Electronics Devices Malaysia, local SMEs, financial institutions and government agencies.
"The session provided practical guidance on supplier requirements, digital transformation, smart manufacturing and financing support to help Malaysian companies grow, upgrade their operations and better meet the evolving requirements of multinational corporations,” it said.
MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said integrating Malaysian SMEs into global value chains is critical to sustaining the nation’s industrial competitiveness.
"Through targeted vendor development programmes like this, MIDA is helping Malaysian SMEs build the capabilities needed to become trusted partners in global supply chains.
"When Malaysian companies become part of the global chain, the impact goes beyond business growth. It creates better jobs, strengthens local industries, encourages technology adoption and opens more opportunities for Malaysians to participate in higher-value economic activities,” he said.
MIDA said the sessions featured presentations by representatives from MIDA, Daikin Malaysia, Daikin Electronics Devices Malaysia, SHRDC, Alliance Bank and industry players.
The presentations covered supplier requirements, smart manufacturing transformation, sustainable supply chain development and financing solutions to support digitalisation. Participants also toured SHRDC’s facilities to gain first-hand exposure to automation, digitalisation and Industry 4.0 applications.
"The initiative reflects MIDA’s proactive efforts to deepen domestic supply chain capabilities and broaden the participation of local companies in high-value industries.
"MIDA connects Malaysian SMEs with multinational corporations, facilitates technology adoption and supports capability upgrading in line with the aspirations of the New Industrial Master Plan 2030 (NIMP 2030),” it said.
MIDA added that these efforts are aimed at enabling more Malaysian companies, especially SMEs, to grow alongside multinational corporations and participate more meaningfully in the country’s industrial development. - Bernama
