MINISTRY OF INVESTMENT, TRADE AND INDUSTRY NEW INDUSTRIAL MASTER PLAN 2030 SU MM ARY BO OKL ET 1 New Industrial Master Plan 2030 Summary Overview of NIMP 2030 MINISTRY OF INVESTMENT, TRADE AND INDUSTRY Summary New Industrial Master Plan 2030 2 Malaysia’s industrialisation today MINISTRY OF INVESTMENT, TRADE AND INDUSTRY New Industrial Master Plan 2030 3 Summary NIMP 2030 Vision 1 2 3 4 5 6 Competitive industry with high economic complexity High income and skilled workforce Strong domestic linkages Well-developed new and existing industry clusters Balanced and inclusive participation Sustainable development MINISTRY OF INVESTMENT, TRADE AND INDUSTRY Summary New Industrial Master Plan 2030 4 Driving high impact growth MINISTRY OF INVESTMENT, TRADE AND INDUSTRY 5 New Industrial Master Plan 2030 Summary NIMP 2030 Strategic Framework MINISTRY OF INVESTMENT, TRADE AND INDUSTRY Summary New Industrial Master Plan 2030 6 Pharmaceut MINISTRY OF INVESTMENT, TRADE AND INDUSTRY New Industrial Master Plan 2030 7 Summary MISSION 1 Advance economic complexity Mission 1 focuses on encouraging the industry to innovate and produce more sophisticated products to increase economic complexity. Integrate in global value chain (GVC) (including exports) 5 Value Chain High Value 4 R&D High Value 1 Assembly Design Logistics Marketing 3 Services 2 SMEs SMEs 1 Expand to higher value-added activities 2 Develop ecosystem to support high valueadded activities 3 Establish ‘vertical integration’ for GVC 4 Foster RDCI ecosystem 5 Increase manufacturing exports SMEs SMEs Integrate in other value chains • Advanced inspection solution • Implantable devices Machinery and • Minimally invasive surgical tool Equipment (M&E) Medical Devices • EV chip • Superchargers • Smart sensors Automotive E&E Chemical MINISTRY OF INVESTMENT, TRADE AND INDUSTRY SMEs • Active pharma. Ingredients • Biologics – insulin, vaccines • Solvents, preservatives, excipients in generic drugs Pharmaceutical Summary New Industrial Master Plan 2030 8 MISSION 2 Tech up for a digitally vibrant nation Mission 2 aims to embrace technology and digitalisation to drive innovation, enhance productivity and create new opportunities for economic growth. Advanced automation and robotics Automate tasks such as welding, assembling, inspecting defects and packaging intelligence Predictive analytics for: • Continuous self-optimisation • Product design and development Additive manufacturing Cloud computing Large data storage and analytics to: • Track production output • Identify improvements Rapid prototyping of new products Key areas to drive digitalisation Accelerate tech adoption • Automation condition in Manufacturing Licence • Multi-tiered levy mechanism Spur innovation by solution providers Accelerate Government digitalisation Develop National Digital Platform for the manufacturing sector MINISTRY OF INVESTMENT, TRADE AND INDUSTRY 9 New Industrial Master Plan 2030 Summary MISSION 3 Push for Net Zero Opportunities in new green growth areas MINISTRY OF INVESTMENT, TRADE AND INDUSTRY Summary New Industrial Master Plan 2030 10 MISSION 4 Safeguard economic security and inclusivity Shift Mission 4 aims to create an enabling environment with supply chain resilience, fosters entrepreneurship, supports SMEs, and promotes equitable participation in economic activities. Focus on manufacturing in one country • • • • Supply chain resilience Climate change resilience Industrial clusters Inclusivity Other countries + “Plus One” Strategy Fls Fls Fls Build local SMEs SMEs MNC SMEs SMEs • Build local supply chain resilience • Integrate with Global Value Chains (GVCs) SMEs SMEs FIs – Financial Institutions Inclusive growth Across all States SMEs Bumiputera Female labour force participation MINISTRY OF INVESTMENT, TRADE AND INDUSTRY 11 New Industrial Master Plan 2030 Summary Nationwide industrialisation – across ALL States Economic Security MINISTRY OF INVESTMENT, TRADE AND INDUSTRY Summary New Industrial Master Plan 2030 12 SMEs industrialisation – building the local ecosystem MINISTRY OF INVESTMENT, TRADE AND INDUSTRY 13 New Industrial Master Plan 2030 Summary ENABLER 1 MINISTRY OF INVESTMENT, TRADE AND INDUSTRY New Industrial Master Plan 2030 Summary 14 ENABLER 2 Foster talent development and attraction 1 Address skills mismatch Expand TVET programmes for highskilled jobs in critical sectors Improve manufacturing career Talent required by industry Training provided interest in STEM subjects Improve access to high-skilled foreign talent by introducing green lane process for critical jobs 2 Progressive Wage System (PWS) The introduction of PWS will: Increase wages Promote skills development and career advancement Highskilled jobs Quality talent Higher wages MINISTRY OF INVESTMENT, TRADE AND INDUSTRY 15 New Industrial Master Plan 2030 Summary ENABLER 3 Best-in-class investor journey for ease of doing business MINISTRY OF INVESTMENT, TRADE AND INDUSTRY Summary New Industrial Master Plan 2030 16 ENABLER 4 A public-private governance with highest level support 1 National NIMP 2030 • YAB Prime Minister (Chair) - YB Minister MITI - YB Minister MOF - YB Minister KE - YB Minister MOSTI • • • • • YB Minister MITI (Chair) YB Minister KE KSP KSU MITI Representatives of: Council (Annually) 2 NIMP 2030 Steering Committee (Quarterly) - MOSTI - NRECC - KE - MOF - KPK - MOHR 3 Delivery Management Unit (DMU) M1: Advance Economic Complexity Working Group (Report progress quarterly) 1 M2: Tech Up for A Digitally Vibrant Nation Working Group (Report progress quarterly) • • - MOHE - MOE - KUSKOP - KPDN - KKD - State - YB Minister NRECC - YB Minister KKD - YB Minister MOHR - YB Minister KUSKOP - BNM - SC - Bursa - Selected industry reps - MBP champions KSU MITI (Lead) Representatives of: - Mission and Enabler working groups M3: Push for Net Zero Working Group (Report progress quarterly) M4: Safeguard Economic Security and Inclusivity Working Group (Report progress quarterly) Enablers Working Group (Report progress quarterly) E1: Mobilise Financing Ecosystem Working Group E2: Talent Development Working Group E3: Investor Journey Working Group YAB PM-led NIMP 2030 – highest level of government oversight 2 Whole-of-nation approach for successful industrial development 3 Delivery Management Unit (DMU) – structured and close monitoring MINISTRY OF INVESTMENT, TRADE AND INDUSTRY Scan the QR code to access the NIMP 2030 related documents 03-8000 8000 nimp2030.miti.gov.my @MITIMalaysia @mitimalaysia Menara MITI 7, Jalan Sultan Haji Ahmad Shah 50480 Kuala Lumpur Malaysia