Speaking at the groundbreaking ceremony for the Exio logistics hub in Shah Alam on Wednesday (Feb 12), Transport Minister Anthony Loke said increased private investment in logistical infrastructure and hubs could drive the growth of Malaysia’s logistics ecosystem.
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NewsTranscript
00:00As the global supply chain evolves, Malaysia must continue to enhance its logistic infrastructure
00:13to remain a preferred investment destination.
00:18Efficient logistics underpins trade and economic growth, and today we take another step forward
00:25in modernising our supply chain ecosystem.
00:29The logistic industry is the backbone of our economy, ensuring the seamless flow of goods
00:36across borders and connecting businesses to regional and global markets.
00:42The Government is committed to enabling a seamless technology-driven logistic ecosystem,
00:49one that enhances supply chain efficiency while supporting Malaysia's sustainable growth
00:56agenda.
00:58ISEO Logistic Hub is an example of how the private sector can play a crucial role in
01:04advancing national logistic capabilities.
01:08By integrating automation and digital technologies, this facility will enable faster, more efficient
01:16movement of goods while minimising environmental impact, a key pillar of Malaysia's national
01:22transport policy 2019-2030.
01:26Moreover, this project aligns with the new Industrial Master Plan 2030, reinforcing Malaysia's
01:33mission to become a high-value, technology-driven industrial hub.
01:39Logistics sector already plays a very important role in our national economy, that's why even
01:46on Chak Goh May Day, I am here to support this groundbreaking ceremony as a testament
01:52of Government's commitment and support to investment on logistics.
01:58The strategic location of the ISEO Logistic Hub within Selangor's Growth Corridor enhances
02:04connectivity to Portland, Kuala Lumpur International Airport and major transport networks.
02:11This positions Malaysia as a key logistic gateway in the region and supports the expansion
02:17of trade routes within its ASEAN partners.
02:21Furthermore, with the recent Malaysia-Singapore-Johor Special Economic Zone announcement, we are
02:27seeing increased opportunities for cross-border logistics and investment.
02:32Facilities like ISEO's Hub will be instrumental in facilitating smoother trade flows and reducing
02:40supply chain bottlenecks.
02:41These are all infrastructures invested by the Government, billions of ringgit that we
02:48are investing into our infrastructure, and I hope that the private sector can fully utilise
02:53our infrastructure so that we can grow the economy.