In a groundbreaking announcement on Sept 1, the government unveiled the New Industrial Master Plan (NIMP) 2030 – a strategic industrial policy targeting the manufacturing and manufacturing-related services sector.
Positioned against the backdrop of the burgeoning influence of IR4.0 technology, the imperatives of climate change and sustainability, demographic transitions and the global interconnectivity of value chains, NIMP 2030 stands poised to foster a collaborative relationship between the government and the private sector. Its ambitious mission: To transform Malaysia’s industrial landscape over the next seven years.
