He said tech parks, tax incentives and human capital development would make the target easy to achieve as Malaysia currently had a 7% market share.“Our country is additionally a major player in semiconductor assembly, test and packaging activities, with a market share of 13%.
Ahmad Zahid said they were planning to make it easier for new companies to set up shop in the country by offering various incentives. “We are committed to providing a conducive ecosystem to nurture local businesses through policies, programmes and facilitation to venture into new industries and markets.“It will be a huge boost for us if we can reach the market share of 15% by 2030,” he said.
“We are keen on expanding tech parks in Kulim, Glenmarie and Bagan Datuk, and ensuring 5G connectivity in these areas to woo more investors,” he added.
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