New initiatives expected to shift the focus of the Malaysian E&E industry towards high income activities
KUALA LUMPUR (Tuesday, 28 March) – The Ministry of International Trade and Industry (MITI) and the Ministry of Science, Technology and Innovation (MOSTI) announced at a press conference today the Electrical and Electronic 2.0 (E&E 2.0) – the next phase of the Electrical and Electronic (E&E) National Key Economic Area (NKEA) strategy under the Economic Transformation Programme (ETP)’s.
“The initiative aims to leverage upon new trends and opportunities in the E&E industry that have emerged since 2010, when the roadmap for the E&E NKEA was first formulated under Malaysia’s economic transformation effort,” he said.
On PV technology, the lab noted that the prospects remain bright, he said.
On railway services, Mustapa added that the lab noted that Malaysia currently has the potential to provide E&E maintenance, repair and overhaul services to more than 1,000 train sets within the ASEAN region.
“Our focus on our true north target as originally outlined in the 2010 roadmap is maintained i.e. RM53.4b in incremental GNI and 157,000 additional jobs,”