PM launches ‘mission-based’ industrial master plan

Free Malaysia Today

Anwar Ibrahim says the NIMP contains four missions to help the country become a high-tech industrialised nation.  Read More: https://www.freemalaysiatoday.com/category/nation/2023/09/01/pm-launches-mission-based-industrial-master-plan/  Laporan Lanjut : https://www.freemalaysiatoday.com/category/bahasa/tempatan/2023/09/01/pm-lancar-pelan-induk-industri-berasaskan-misi/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: http://bit.ly/2Rn6xEV Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on Twitter: http://bit.ly/2OCwH8a  Follow FMT on Instagram: https://bit.ly/2OKJbc6 Follow FMT on TikTok : https://bit.ly/3cpbWKK Follow FMT Telegram - https://bit.ly/2VUfOrv Follow FMT LinkedIn - https://bit.ly/3B1e8lN Follow FMT Lifestyle on Instagram: https://bit.ly/39dBDbe ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #IndustrialMasterPlan #NIMP2030 #AnwarIbrahim

Transcript

00:00 Excellencies, ladies and gentlemen, the new Industrial Master Plan 2030, or NIMP 2030,

00:09 is a key component of economic madani as it will support the realisation of economic reforms.

00:18 The NIMP is designed to drive Malaysia's trajectory as a global leader in industrial development,

00:28 strengthen the domestic linkages to create wealth across the nation, as well as strengthen

00:35 its position in the global value chain.

00:39 Unlike the previous industrial transformations and three Industrial Master Plans since 1986,

00:46 as alluded to by Tunggu Zafro, the NIMP 2030 adopts a mission-based approach, a departure

00:57 from the sectoral approach of the past.

01:01 With a short window of seven years, the NIMP 2030 must take a transformative and expeditious

01:11 approach to achieve the goals.

01:14 Based on rigorous assessment and extensive consultations, four missions have been formulated

01:22 to drive industry transformation at a large scale.

01:29 Mission 1 is to advance economic complexity, where industries will be encouraged to innovate

01:36 and produce more sophisticated products.

01:40 This will enhance the competitiveness of our nation in the global market.

01:46 Mission 2 is to take up for a digitally vibrant nation.

01:51 By embracing technology and digital transformation, we can drive innovation, enhance productivity

01:58 and create new opportunities for economic growth.

02:02 Mission 3 is to push for net zero.

02:06 This mission emphasises our commitment to address climate change by striving for a net

02:13 zero future.

02:16 Through sustainable practices and green initiatives, we aim to reduce carbon emissions and build

02:23 a resilient and environmentally friendly economy.

02:28 This mission is aligned with the initiatives under the National Energy Transition Roadmap

02:37 and ETR, which I recently launched.

02:41 Mission 4 is to safeguard economic security and inclusivity.

02:49 This mission aims to create an enabling environment that ensures supply chain security, supports

02:58 SMEs and promotes equitable participation in economic activities in all states.

Transcript

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