FMM vice-president Jacob Lee Chor Kok, Pang and FMM president Tan Sri Soh Thian Lai at the partnership ceremony.
The collaboration is a pivotal part of National Industrial Master Plan 2030 , focusing specifically on MBP 2.1. The goal of this project is to establish 3,000 smart factories by 2030 through the adoption of Industry 4.0 and digital technologies. SMEs are the backbone of the Malaysian economy, accounting for more than 97.5% of Malaysian businesses, with 87% being micro SMEs. Recognising their critical role, the initiative emphasises nurturing local technology solution providers and supporting various technology adoption initiatives.
FSBM Holdings managing director Pang Kiew Kun said: “At FSBM, our MES or smart manufacturing-related solutions are customised according to customer needs and developed entirely by our local talent. Therefore, we believe that these solutions not only solve pain points for the local manufacturing industry, but also aim to make the local manufacturing industry smarter, more competitive, more efficient, and able to respond to rapid technological changes in real time.
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