Malaysia eager to be early mover of IR 4.0 | Malay Mail

KUALA LUMPUR, March 19 — Malaysia is eager to be an early mover of the fourth industrial revolution , with the Malaysian Investment Development Authority actively encouraging companies to jump start their digital transformation.

“Measures have also been taken to support the development of an agile and skilled workforce capable of supporting businesses in this rapidly evolving environment,” MIDA said in its Malaysia Investment Performance 2018 Report released today. “Through these, MIDA aims to enlighten companies, academia and the general public on the opportunities and challenges presented by IR 4.0, as well as the available facilities that can be utilised by companies looking to adopt IR 4.0 technologies,” it said.

Released on October 31, 2018, the framework outlines broad strategies and action plans covering financing, infrastructure, regulations, skills, and technology to be implemented by ministries and agencies, in collaboration with industry, towards realising the nation’s modernisation agenda, said MIDA.

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