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A p p r o v e d I n v e s t me n t si n t h e Ma n u f a c t u r i n g , S e r v i c e sa n d P r i ma r y S e c t o r s C h a r tR M2 0 1 . 7 B i l l i o n i n 2 0 1 8

J o b s o f T o mo r r o w

T h e Me d i c a l G l o v e s I n d u s t r y i nMa l a y s i a : Mo v i n g F o r w a r d

Ma l a y s i a ' s I n i t i a t i v e s f o r t h eS o l a r E n e r g y S e c t o r

S ma r t H o me s F o r S ma r t L i v i n g

O u r J o u r n e y i n Ma l a y s i a :  C . S t e i n w e g G r o u p

S p o r t s T o u r i s m H a s S i g n i f i c a n tE c o n o mi c P o t e n t i a l

I N T H I S I S S U E

S t r e n g t h e n i n g   D o me s t i cI n v e s t me n t   L a n d s c a p e

 April 2019 | 1

Highlights  

MIDA ReceivesTop InvestmentPromotionAgency 2019Award - AsiaPacificCategory

MIDA has once again won the Top InvestmentPromotion Agency 2019 award in the Asia-Pacific National category by the Site Selection,together with the EDB Singapore. The agencywon the same award in 2015 and 2016. Site Selection is an internationally circulatedbusiness publication covering corporate realestate and economic development, publishedsix times a year by Conway Data Inc. Thisaward was published by Site Selectionmagazine in its May issue as part of theirGlobal Best to Invest series.

MIDAE-NEWSLETTER

The award was given based on the followingset of criteria: This renewed commendation reflects MIDA'scontinuous efforts in responding to the needsof expanding companies, maximisingefficiency and earning the trust and respect ofdecision-makers across the globe.It is also avaluable signal to potential investors thatMIDA is indeed a leading investmentpromotional agency in Malaysia. MIDA willcontinue to enhance its quality of service andremain dedicated to support Malaysia’saspirations.

Most professionally responsive toinquiries;Staff possessing the best knowledgeand language diversity;Offering access to user-friendlydatabases of sites and incentives forboth general and specific sectors;Readily available information on timingexpectations of permitting and otherprocesses;Access to recent investors in the regionfor testimonials;Best reputation for protecting investorconfidentiality;Reputation for after-care services;IPA's Web site: easy to navigate, offer awide breadth of data, and have thecleanest, most efficient design.

READ MORE . . .

eing an organisation half a century old, MIDA’s priorityremains the same. Theorganisation continues toensure that Malaysia achievesits goals and aspirations,creating wealth that translatesto tangible benefits felt by allacross Malaysia. To achievethese goals, which are alsohighlighted in the EleventhMalaysia Plan, Chapter 8: Re-engineering economic growthfor greater prosperity, theGovernment will precede itsefforts to strengthen andenhance the country’s domesticinvestment through MIDA,which also gives importance todomestic investment byengaging and facilitating withmore domestic companies. Strategically, MIDA works withrelevant stakeholders toenhance productivity, jobcreation and high-skilled talentpool in the manufacturingsector. This will ultimatelycontribute to economicprosperity and societal well-being. Further, it wouldencourage the development ofinnovative capacity andcapability of the manufacturingsector and related services tocreate Malaysia’s owntechnologies, products andservices.

 April 2019 | 2

Highlights  

Strengthening

DomesticInvestment Landscape

1) Showcasing the DomesticInvestment Landscape

BAs an effort to encouragedomestic investment, MIDAcontinues to undertake thefollowing strategies andinitiatives:

i.  MIDA Invest Series: Unfolding States’ Business Potential

MIDAE-NEWSLETTER

The objective of thisprogramme is to inform thebusiness communities on thelatest development andinvestment opportunities inthe respective states. To date,seven states have given thepresentation, i.e. Perlis,Kedah, Kelantan, Pahang,Terengganu, Sabah andSarawak. The series willcontinue until all the stateshave made their presentation.

ii. Industrial Park Forum – Strengthening the Manufacturing Ecosystem

This Forum is a collaborativeeffort between MIDA and theFederation of MalaysianManufacturers (FMM) instrengthening the 

2) Complementing theGrowth of DomesticCompanies

manufacturing ecosystemthrough industrial parkdevelopment andmanagement. The presence ofwell-developed industrialparks can be a magnet toattract high value-addedinvestments, thereby creatinghigh-income jobs for thepeople. To date, MIDA hasorganised four forums whichcover the central region,southern region and thenorthern region and Borneo(Sabah). The next forum willbe held in Kuala Lumpurtogether with the launching ofthe first Malaysia IndustrialPark Directory.

i. Investment Coordination Platform Initiative

This platform will act as oneof the enablers in supportingMIDA’s role in promotinginvestment and as a newstrategy, moving forward. Thisplatform will serve tofacilitate corporate exercises,such as Initial Public Offering(IPO), Mergers & Acquisitions

MIDAE-NEWSLETTER April 2019 | 3

Highlights  

3) Grooming Potential LocalCompanies

i. SME Investment Desk

The initiative act as a ‘OneStop Centre’ to assist andadvise SMEs on theGovernment’s initiatives andfacilitation in transformingSMEs capability andproductivity. Malaysia’sbusinesses and SMEs willhave a single contact point atMIDA HQ and all its stateoffices to obtain guidance andadvice on the Government’sinitiatives and facilities inbuilding sustainable businesscollaboration through supplychain development at thelocal, regional and globallevels. In 2018, MIDAorganised more than 60programmes includingRoundtable Meetings,Networking Sessions andOutreach Programmes.

(M&A), Joint Ventures (JV),Partnership, Private Equity(PE)/Venture Capital (VC), Real Estate Investment Trusts(REITs) and Divestments. Currently, MIDA is workingclosely with 23 partners,which include private equity,venture capital, M&A advisory,REIT and funding advisory toassist Malaysian companies inoffering any facilitationsrequired by the companies.Going forward, MIDA willcontinue to work closely withall State Governments,associations and otherFederal Government agenciestowards creating a businesslandscape that able to attractand retain investment, andmaintain Malaysia’scompetitiveness on the worldstage.

ii. Engagement with National Associations and Chambers of Commerce

This initiative is one of ourplatforms to update localcompanies and SMEs onMIDA’s roles and investmentfacilities. In 2018, a total of 11 outreach programmeswere organised with NationalAssociations and Chambers ofCommerce in the country.

iii. Domestic Investment Seminar

This seminar is part of MIDA’scontinuous effort to updatethe industry players on thelatest policies and facilitiesthat are available. Theseminar provides anopportunity for the businesscommunity to network withthe Government agencies andto discuss any potentialbusiness collaboration. As for2018, MIDA has organised twoDomestic InvestmentSeminars i.e on 30 October2018 at InterContinentalHotel, Kuala Lumpur and on17 December in KotaKinabalu, Sabah. As for 2019,the programme is planned tobe organised in every regionof the country.

4)  Globalising Local Players

The programme will involveintegrating the DomesticCompanies with theMNCs/selected LocalCompanies through theassistance from theGovernment facilitation. The objectives of theprogramme are to:

i.   Industry Linkages Programme

support MNC/selected localcompanies to outsourcetheir manufacturingactivities to domesticcompanies;create opportunities fordomestic companies andmitigate the gaps in thesupply chain;assist in the growth of thesupporting industries forspecific industries; andcreate opportunities forlocal companies/SMEs tohave greater market accesslocally and globally.

Complementing theGrowth of Domestic

CompaniesGrooming Potential

Local Companies

Globalising Local Players

MIDA'S STRATEGIES AND INITIATIVESTO PROMOTE DOMESTIC INVESTMENTS

Showcasing theDomestic Investment

Landscape

 April 2019 | Advertisement

MIDAE-NEWSLETTER

ccording to A.T. Kearney, the globalsmart home market isexpected to grow to morethan USD50 billion in 2020and approximately USD400billion in 2030, representingmore than 40 per cent of thetotal home appliance market.A January 2019 report byResearchAndMarkets.com alsopredicts significant growth inthe overall smart homemarket, expecting acompound annual growth rate(CAGR) of 12.02% fromUSD76.6 billion in 2018 toUSD151.4 billion by 2024. Many factors particularly therising adoption of technologyand access to the internet andsmartphones and relatedgadgets, are driving thegrowth of the smart homemarket. The growing demandfor comfort, convenience andmore efficient management ofsecurity, energy, resources aswell as health and wellnesshave also fueled the marketfor smart home appliances. Smart home productsessentially powered by Self-Monitoring, Analysis andReporting Technology(S.M.A.R.T. or SMART), asystem developed in 1992 andbecame increasingly adoptedin consumer devices between1998 and the early 2000s.

A

This technology enables usersto control and monitor theirconnected devices remotelyvia gadgets such as theirsmartphones. It not onlycontributes to more efficientenergy usage but also securityand accessibility to those withspecial needs or the elderly.Examples of smart homeproducts include wirelessspeaker systems, thermostats,refrigerator, locks, smokedetectors, lighting, homesecurity systems and cleaningtools such as Roomba. An IoT-enabled smart home isa connected home whichpromotes greater energyefficiency and environmentalresponsibility while adding anew level of convenience byconnecting everything fromheating, ventilation, and airconditioning (HVAC) controlsto entertainment systems andeven kitchen appliances. The technology is mostlydriven by tiny sensors – whichare becoming progressivelyless expensive and moresophisticated – that areembedded in smart devicesand connected to apps insmartphones or home controlsystems. Among notable examples ofsmart home, projects areMicrosoft co-founder BillGates’ USD63 million high-tech residence, Xanadu 2.0.The smart home, which tookseven years to build on ahuge area of 66,000 squarefeet, is packed with eco-friendly designs and smarttechnology gadgets. Thisincludes electronic art framesthat can change “paintings” ondemand and customisabletemperature, light and musicsensors.

SmartHomesfor SmartLiving

 April 2019 | 5

Industry

A Smart Home iscommonly defined as ‘a residence that hasappliances, lighting,

heating, airconditioning, TVs,

computers,entertainment audio

and video systems,security, and camera

systems that arecapable of

communicating with oneanother and can be

controlled remotely by atime schedule, from any

room in the home, aswell as remotely from

any location in theworld by phone or

internet’, according toSmart Home USA.

According to Statista.com,the overall revenue of thesmart home automationmarket in Malaysia is forecastto reach USD51.26 million in2020, from USD4.16 million in2015. The home devicesavailable such as Google Home and Amazon’s Alexa are becoming morecommonplace in Malaysianhomes. The above statistics show arevenue forecast for the smarthome automation market inMalaysia from 2015 to 2021 Example of smart homeprojects in Malaysia include:

MIDAE-NEWSLETTER April 2019 | 6

Nonetheless, just assmartphones took overtraditional mobile devices, theadoption of smart homes willnaturally increase, particularlyas technology evolves anddemands for living standardsand quality of life increases.

The Way 4WRD

Despite the emerging marketopportunities of smart homes,the rate of adoption amongindividual users is generallylow especially in developingcountries in Asia. While therevenue growth projection forAsia is expected to be stable inthe coming years, smart hometechnologies are not as widelyaccepted as compared withthe European and Americanmarkets.

Mitraland Group’s 31-storeyAndaman Residencesserviced apartment

Smart Homes in Malaysia I-Berhad’s RM9 billionultrapolis development, i-CityTA First Credit’s DamansaraIdaman smart homes Tropicana Corp’scollaboration withPanaHome, the Malaysianarm of PanaHome Corp tobuild 272 semi-detachedinnovative eco homes atCheria Residences.

In line with the rapid advancesof technology, the MalaysianGovernment seeks to move theindustry forward and isproviding various initiatives.The National Policy on Industry4.0 or Industry4WRD waslaunched on 31 October 2018to drive the digitaltransformation to  furtheraccelerate the services

MIDAE-NEWSLETTER April 2019 | 7

adoption of smart homestechnology. The Government has initiateda mandatory compliance touse Industrialised BuildingSystems (IBS) by 2020 as thefirst step to encourage theadoption of smart homestechnologies. Investors areencouraged to leverage theincentives related to smarthomes technology, such as:

The Way 4WRD sectors in Malaysia. Thiswould eventually contribute tothe growth of not just smarthomes but smart cities, smartgrids, and smart services aswell. Current construction methodsof automation andmechanisation are expected totransform towardsdigitalisation, whichwould further accelerate the

• Pioneer Status or Investment Tax Allowance under Section 112 or 113 Income Tax Act 1967 to produce IBS components. • The IBS project must be certified by CIDB to enjoy this incentive. [for manufacturers]

• Automation Capital Allowance (Automation CA) announced in 2015 to further encourage manufacturing companies to engage in innovative and productive activities as well as the quick adoption of automation, especially for industries that are heavily reliant on foreign labour. • Smart Homes can be considered under Category 2 whereby an Automation CA of 200% will be provided on the first RM2 million expenditure incurred within 5 years of assessment from 2015 to 2020. [for manufacturers]

• Full exemption of the 0.125 per cent levy imposed by CIDB for housing projects with an IBS score of more than 50. [for contractors]

• Incentives for electrical and electronic products and components manufacturers related to smart homes technology: - Information and communication technology (ICT) products, systems or devices - Digital entertainment or infotainment products - Electronic tracking or security systems or devices - Alternative energy equipment, products, systems, devices or components - Energy saving lighting

The recently held 2nd SmartCities and Smart ManufacturingConvention on 22 April 2019brought togetherrepresentatives from variousministries, agencies, industryleaders, startups, investors andacademics from Malaysia andbeyond to discuss how thecountry can ride on thistechnological wave. During theevent, Mr. Zabidi Mahbar, theDeputy Chief Executive Officer

The Government anticipatesthat by 2025, Malaysia will beone of the primarydestinations for high-techindustries and ranked amongthe top nations in the GlobalInnovation Index.

of MIDA in his keynote addresshighlighted that developingsmart homes and eventuallysmart cities through smartmanufacturing is aboutexploiting the full potential ofthe new technologies toimprove lives. It will requireboth the private industryplayers and the public sector tocollaborate and drive thecountry's industry 4.0 agendaforward. 

SportsTourismHasSignificantEconomicPotential

MIDAE-NEWSLETTER April 2019 | 8

Services

lobally, sports tourism is recognised as one of theupcoming tourism marketswith significant economicpotentials. In Malaysia, it is animportant income generator inthe tourism industry,contributing approximatelyRM5 billion annually and issupported by a broad globalaudience as sporting eventsusually attract domestic andinternational participants.Revenue generated rangesfrom accommodations, foodand beverages, ticket/gatesales, sponsorships, mediarights to merchandising andgarment production. Sports tourism can becategorised into ‘hard’ sportsand ‘soft’ sports. Hard sportstourism attracts huge globalparticipants, and people tendto travel together to a hostcountry to attend these events.These are usually competitiveinternational sports eventssuch as Formula 1 Grand Prixand SEA Games. Meanwhile,soft sports tourism refers torecreational sports activities orgetaways such as golfing,water-rafting and scuba-diving.

G This type of sports tourismcombines both sportsactivities and leisure, whichtypically lures tourists toexciting destinations knownfor its physical or naturalattractions. In 1998, the CommonwealthGames, known as the secondlargest sports event in theworld after the OlympicGames, was held in KualaLumpur. This internationalsports event was an excellentexample of hard sportstourism in Malaysia thatcreated multifold values tothe economy. The eventattracted 6,670 athletes andofficials, along with asubstantial number of mediaand visitors locally andabroad. It was reported that asingle international touristwho came for theCommonwealth Games spentan average of RM3,800 for theduration of 12.5 nights stay. Following the successfulinternational event, Malaysiakept up the momentum in1999 by hosting the FormulaOne Championship Car 

Racing (F1 Grand Prix) inSepang. The FI Grand Prixstimulated the expansionand recognition of thenation’s sports managementcapabilities. The premierevent contributed more thanRM500 million to the nationaleconomy, and the spill-overscontinued to soar in yearsafter. The F1 Grand Prix wenton for another great 19 years.It attracted global die-hardfans who were fascinatedwith Malaysia, and many keptreturning for their fun-filledvacations. In 2000, the LangkawiIronman Triathlon pulledin sports enthusiasts to testtheir fitness level in physicaland mental strength. Thelong-distance triathlon raceinvolved sports activities such as swimming, cyclingand marathon. About 300athletes from around theworld took part in thistriathlon. Malaysia continued to hostother international eventsincluding the Motor GP RacingSeries (since 1991), 

MIDAE-NEWSLETTER April 2019 | 9

Monsoon Cup-Racing Yachts(2005 - 2015), BadmintonWorld Federation Tour (since 1992), Le Tour DeLangkawi (since 1996), RoyalLangkawi International Regatta(since 2003) and South EastAsia-SEA Games. Theseprestigious events catalysedand created economicopportunities for variousbusinesses including hoteliers,restaurateurs, boat makers,maintenance facilities, foodsupplies, crafts and textilemerchandisers. Recognising the investmentpotential of sports tourism,particularly football, Malaysiahosted the World FootballSummit Asia (WFSA) in KualaLumpur on 29-30 April 2019.The event, first ever organisedin Asia, attracted more than2,000 professionals andinfluential experts of footballclubs from over 50 countries.It contributes to opening new opportunities in Asia’sfootball and sports tourismsector. Going forward, internationalsports events of 2019 include:

With so many exciting eventslined up for 2019, increasedtourist arrivals are expected inthe second quarter of the year,whereby the economy standsto gain over RM40 million inrevenue throughaccommodation, logistics andtourist spending. International sports eventsundeniably bring manypositive impacts to the hostcountry. With Governmentfunding most of theinvestments in sports facilitiesin Malaysia, there is a need toattract the private sector to

invest and operate world-classsports facilities to bring in newsources of businessopportunities and furtherboost sports tourism.Continuous initiatives arebeing carried out by variousMinistries to push bothinternational and domesticevent organisers,conglomerates and companiesto actively sponsortournaments and develop localathletes as competitive globalsportsmen or sportswomen.By establishing more qualitysports avenues, this would, inturn, encourage Malaysians tokeep fit and healthy, leading toa healthier lifestyle andcreating a productive SportsNation. MIDA, the country’s principalinvestment promotion agency,stands ready to assist andfacilitate business interests inthe sports industry inMalaysia, particularly in theestablishments of:

17th Royal LangkawiInternational Regatta;Sarawak Borneo CrossCountry Rally;Le Tour De Langkawi;Cycle Race;International Hot AirBalloon Fiesta;UNICEF Borneo MarathonMt. Kinabalu InternationalClimbathon;Football Airmarine CupPenang Bridge InternationalMarathon;Motor GP Racing; andFit Touch World Cup.

Representative or regionaloffice by internationalsportscompanies/organisation;Production facilities forsports products, accessoriesand merchandise;Sports training institutes,R&D centres and sportshealthcare facilities;Sports technologycompanies involved in areassuch as virtual andaugmented reality, big dataservices as well as audio-visual technology for thefootball and other sportsindustry;E-sports game developmentcompanies; andMegastores and showroomsby international sportsclubs.

MIDAE-NEWSLETTER April 2019 | 10

Founded in 1847 in the Port of Rotterdam, C.Steinweg is one of the world’s leadingwarehousing and logistics service providers,with a long heritage of expertise in thecommodity trade. With a vast network of 110offices on every major continent, the Grouphas grown into a truly multinational companywith close to 7 Million m2 of space and 20 kmlength of quay, handling over 25 millionmetric tons of various commodities annually. While metals and minerals form a crucial partof the business, agricultural soft commoditiesis another big pillar, especially for South EastAsia. The Group is also growing a significantpresence in packed hazardous and non-hazardous chemical, offering the highestindustry standards. The main logistics services provided includewarehousing, stevedoring, customs clearance,third-party inspection, forwardingand chartering.

From Rotterdam To Klang Valley

Why Malaysia Series

Depending on customer requirements, suitable facilities and technology can beengaged to provide other value-added services.Customers are multinational and localcompanies including producers, traders,manufacturers, distributors and their financingbanks. In Malaysia, C, Steinweg incorporated its localentity in 1991 and became one of the firstLondon Metal Exchange (LME) approvedoperators to operate in Johor Port Terminal 1

Ulf Boll, Group Chief Executive Officer,C. Steinweg Group

Our Journeyin Malaysia :C. SteinwegGroup

Steinweg Johor General Warehouse

(since 2004) and Port Klang Free Zone (since2009). In November 2018, Steinweg was againthe first LME operator to list its built-and-operated warehouse in Johor Port Terminal 2. On May 3rd, 2019, Steinweg Group proudlyannounced the launch of its IntegratedCommodities Hub and Malaysia’s firstEuropean-Standard Chemical Warehouse inPort Klang. Besides cementing Steinweg’sleading position as the top LME operator, itwill tap into rising demand for safe, efficient,and internationally compliant chemicalwarehousing in the fast-growing Port Klangarea.  Customers can also look forward to theconvenience of one-stop value-add servicessuch as repacking of chemicals and plastics,enabling them to maximise and localise theirsupply chain to serve regional markets viaMalaysia.

MIDAE-NEWSLETTER April 2019 | 11

every meeting, it became increasingly clear thatwe have made the right call”. “I remember vividly the very first meeting thatwe had with MIDA in Kuala Lumpur in 2014.They instantly understood our concept andvalue propositions,” recalled Mr Jos Muller,Business Development Director, ChemicalDivision, C. Steinweg Group. “We wereimmediately advised on what are the steps tobring the project forward, from feasibility studystage to conceptualisation, execution and so on.We even had the chance to host MIDA ChiefExecutive Officer and other high rankingofficials at our Headquarters in Rotterdambecause they wanted to experience first-handour full suite of service offerings and stronglyencouraged us to roll out in Malaysia.” For C. Steinweg Group, other essential factorsthat helped to push forward the investmentdecision in Malaysia, versus other surroundingASEAN neighbours, were the abundance ofhighly-skilled labour in the country, availabilityof modern infrastructures and the chemicalindustry’s convergence into Malaysia, both as amanufacturing cum distribution hub. “Asia has become the centre of gravity for thechemical industry, especially specialitychemicals”, explained Mr Muller. “According to arecent study by Boston Consulting Group, thebiggest markets as of 2017 were Asia-Pacific(with about €40 billion in specialty distributorsales), North America (€31 billion) and WesternEurope (€13 billion). The remaining markets areall less than €5 billion.”  “To scale up our operations in Malaysia andserve this high-growth region from here, I amhappy to share that we have found many youngtalented Malaysians to join our growingworkforce in both Johor and Port Klang.TheGroup  has put in place a comprehensivetraining programme for these high-potentialindividuals – where they will be trained andcoached by experts from our Centres ofExcellence in Rotterdam, Singapore andShanghai”, added Mr. Boll. “We are keen toattract the very best of local talents, nurtureand enhance their capabilities and give themgood opportunities to advance and compete atthe global level.”

Key Investment Considerations

“It is no coincidence that Steinweg Group haschosen Malaysia, and Port Klang Free Zone, asthe location of choice for our first dedicatedchemical logistics hub in ASEAN,” said Mr UlfBoll, Global CEO, C. Steinweg Group. ”It speaksvolumes about the existing strengths andfuture potential of Malaysia from a marketdemand perspective and the ease of doingbusiness that we as Steinweg Group haveexperienced here from an investor’s point ofview. I have personally met with MIDA officialsfrom HQ, Singapore and Frankfurt and after

MIDAE-NEWSLETTER April 2019 | 12

Steinweg Port Klang Chemical Warehouse

While keeping an eye on the two newlyopened integrated hubs in Johor and PortKlang to ensure their smooth operations, C.Steinweg Group is already busy making plansfor the next chapter. The Group has acquired48 acres of land in Tanjung Langsat FreeCommercial Zone, the next frontier ofindustrial and chemical production inSouthern Malaysia with proximity toPengerang Integrated Petroleum Complex(PIPC). Positioned as a greenfield project, theGroup has opened up discussions with manyMNCs who are existing customers includingthose in Rotterdam, Busan, Shanghai, Tianjin,South Africa, and received various feedbackson the potential combination of services thatcould be required in Tanjung Langsat. “The unique strength of our global network isthat customers are already familiar with ourstandards and know what they can expect.This allows us to pull out relevant experienceand scale up very quickly wherever we go”,said Mr Boll. “Couple this with an investor-friendly, business-ready and well-connectedenvironment like Malaysia, the sky is the limitin what we can achieve together.”

The Way Forward

Steinweg Johor General Warehouse

Steinweg Port Klang General Warehouse

The Malaysian Investment DevelopmentAuthority (MIDA) is pleased to announce theappointment of Dato’ Abdul Majid AhmadKhan, the President of Malaysia-ChinaFriendship Association who is also theHonorary Chairman of the Malaysia-ChinaChamber of Commerce, as the new Chairmanof MIDA, effective 22 April 2019. Dato’ Abdul Majid needs no furtherintroduction as he has a highly distinguishedcareer spanning over three decades in the civil service including the Prime Minister’sDepartment as well as several MalaysiaMissions abroad and senior positions in theMinistry of Foreign Affairs. He has also carved a name among Malaysia’sillustrious personalities, especially in thecorporate world. He is on several boards ofcompanies including three public listedcompanies in Malaysia. Dato’ Abdul Majidholds a Bachelor of Economics (Honours) from the University of Malaya. As someone with such a vast experience, Dato’ Abdul Majid’s leadership will beinvaluable to MIDA, particularly in the contextof the organisation’s efforts in attracting morequality investments that translate to tangiblebenefits felt by all Malaysians. The newchairman succeeds Tan Sri Amirsham A. Aziz,whose term has ended in 2018 after six yearsof distinguished service. MIDA would like toexpress its sincere appreciation to Tan SriAmirsham for his contributions and dedicationto the organisation and the country.MIDAE-NEWSLETTER April 2019 | 13

Announcement

Dato’ AbdulMajid BinAhmad Khan,New Chairmanof MIDA

MIDA Collaborates withMalaysian AutomotiveAssociation (MAA) toBoost LocalisationActivities in theAutomotive Industry

On 2 April 2019, Malaysian InvestmentDevelopment Authority (MIDA) incollaboration with the Malaysian AutomotiveAssociation (MAA) organised the LocalisationProgramme for Automotive Industry 2019,themed “Local2Global” at MIDA headquarters.The event received an encouraging responsefrom the automotive industry players andattended by over 100 participants rangingfrom MAA members, including the OriginalEquipment Manufacturers (OEMs) and localvendors. The event aimed to increaselocalisation activities and benefit allstakeholders as well as to encourage moreinvestments in the industry. According to Mr Arham Abd. Rahman, DeputyChief Executive Officer of MIDA, “TheGovernment has always consideredlocalisation as one of the important elementsto further develop the local automotiveindustry. We are pleased to gather aremarkable representation across theautomotive industry including both the OEMsand vendors at this platform." 

MIDAE-NEWSLETTER April 2019 | 14

"I believe that through a strong participationbetween all stakeholders, the efforts towardsenhancing the development of Malaysia’sautomotive industry can be made possible. Weare certainly looking forward to seeing moreinvestments in the industry that brings aboutthe transfer of technologies and expertisecreating new capacities and help contribute tothe creation of high-value jobs”. As of 2018, the Malaysian automotive industryhas 27 vehicle manufacturers (OEMs)producing cars as well as two-wheelers andcommercial vehicles. It contributes aboutRM40 billion or 4 per cent to Malaysia's GDP,with a workforce of more than 600,000, ofwhich 53,000 for aftermarket establishments,and around 800 for parts and componentssuppliers. For the period 2012 to 2018, MIDAhas approved a total of 396 projects in theautomotive industry with investments worthRM20.5 billion. The event also featured a sharing session byPERODUA, several speakers’ session by localvendors such as Continental AutomotiveMalaysia, Malaysian Automotive Lighting, KYB-UMW Malaysia, Morrissey Technology and FECCables (M), and a one-to-one businessmatching session between the OEMs and localvendors.

Events

On 1 April 2019, MITI, MIDA and DOSMorganised an informative briefing session on

the country's investment statistics at theparliament.

MIDAE-NEWSLETTER

On 2 April 2019, the Director of MIDA Sydneyshared the stage with Mr Raymond Yeung,the Chief Economist of Australia and NewZealand (ANZ) China at the ANZ GeelongBusiness Event - Breakfast Talk on Malaysiaand China. The event held at GMHBAStadium was attended by 100 participants ofANZ clients and Geelong businesscommunity.

The Green Technology Division organised aDomestic Specific Project Mission (DSPM) to

Johor from 1-3 April 2019. The objective of themission was to engage with new potential

investors and existing manufacturers to discussthe way forward for future adoption of green

technology in their business activities.

 April 2019 | 15

Highlights of April

On 3 April 2019, Mr. S. Siva, ExecutiveDirector Investment Promotion of MIDApresented the investment opportunities inMalaysia to 120 participants at the Trade andInvestment Confederation Summit inChennai, India.

On 6 April 2019, the Secretary-General ofDeveloping-8 (D8) met with

Mr. Arham Abd. Rahman, DCEO I of MIDAat MIDA HQ.

MIDAE-NEWSLETTER

On 6 April 2019, Mr Yusri Hasnan, Director ofMIDA Frankfurt made a  presentation oninvestment promotion at the 1st ASEAN Tradeand Investment Forum in Brussels, Belgium.

On 9 April 2019, the Advanced Technology,Research and Development (ATRD) Division of

MIDA organised an Information SharingSession on Industry 4ward at MIDA HQ.

The sharing aimed to provide MIDA officialswith better understanding on Industry4WRDNational Policy and the incentives related to

Industry 4.0.

April 2019 | 16

On 10 April 2019, MIDA in collaboration withMinistry of Health (MOH) organised anenggagement program with the privatehealthcare players to update and brief on themedical devices/ equipments verificationprocesses. The event was held at MIDA HQ.

On 16 April 2019, the Licensing and IncentiveCompliance and Monitoring Section of MIDA

organised an Awareness National Programmeon Compliance of Post Incentives Guidelines

at MIDA HQ. The programme was wellattended by partipants from various industry

divisions in MIDA.

MIDAE-NEWSLETTER

On 16 April 2019, YBhg. Dato' Hj.Tengku Hassan Tengku Omar from theTerengganu EXCO for Trade andIndustry, UPEN and Invest Terengganu made a courtesy visit to MIDA.

On 17 April 2019, MIDA represented by Ms.Suziyanti Saad from ATRD Division  presented

the investment incentives related toIndustry4WRD at the SME Digital Technology

4.0 Conference held at  Mines2. The event wasorganised by ATCEN Group and was attended

by 300 participants.

 April 2019 | 17

On 22 April 2019, the Green TechnologyDivision supported by the Department ofIndustrial Development and Research (DIDR)Sabah organised a Briefing and Dialoguesession on green technology incentives in KotaKinabalu, Sabah.

On 22 April 2019, 100 technology-basedcompanies attended the Seminar on Business

Opportunities in Malaysia, co-organised byMIDA Seoul and Korea Industrial Technology

Association (KOITA),  supported by theEmbassy of Malaysia.

MIDAE-NEWSLETTER

On 22 April 2019, MIDA team led by Mr. ArhamAbd. Rahman, Deputy CEO I of MIDA met withthe members of the Russia-ASEAN BusinessCouncil in Moscow to promote moreinvestments from Russia.

On 23 April 2019, MIDA Perak together with therepresentatives from the Ministry of

International Trade and Industry (MITI), SIRIMBerhad and Malaysia Productivity Corporation(MPC) participated as speakers at the Seminar

and Dialogue on Industry 4.0. The event wasorganised by the Perak Entrepreneur and Skills

Development Centre (PESDC) and wasattended by 80 participants.

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On 23 April 2019, MIDA Guangzhao joinedhands with the Sabah State Government andMalaysia External Trade DevelopmentCorporation (MATRADE) to organise a Seminaron Business Opportunities in Sabah inShenzhen. 12 MOUs were signed during theseminar session with a total projectedinvestments of RM10 billion in various sectors.

On 24 April 2019, Mr. Arham Abd. Rahman,DCEO I of MIDA attended the 11th

International Economic Summit Russia-IslamicWorld-Kazan Summit 2019. Together with him

were speakers from various internationalorganisations who shared their successful

practices in attracting investment into theircountries.

MIDAE-NEWSLETTER

On 25 April 2019, MIDA team with Dato’ Abdul Majid Ahmad Khan, Chairman ofMIDA together with YB Datuk MukhrizMahathir participated in various engagementsand meetings with potential investors duringMalaysia's Investment Mission to China.

On 25 April 2019, the Industry TalentManagement and Expatriate Division of MIDA

visited CARSEM (M) Sdn. Bhd. and Toyo Tires tointroduce MIDA’s Apprenticeship Programme.

MIDA urges more companies to come on boardto create more opportunities for high-skilled

graduates.

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On 25 April 2019, MIDA joined the Malaysiandelegation led by Dato' Sri Norazman Ayob,Deputy Secretary General of MITI to the 4thMalaysia Taiwan Economic CooperationCommittee (MTECC) to further enhanceinvestment between Malaysia and Taiwan.

MIDAE-NEWSLETTER

MIDA was the conference partner to the WorldFootball Summit from 29 to 30 April 2019.The

initiative underscores the attractiveness ofMalaysia’s business environment and the

country’s position as a hub in ASEAN to havesome of the most influential names in the

industry to convene in the country.

On 25 April 2019, MIDA's Resource Centreteam organised a visit to the National Archives

of Malaysia.

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On 30 April 2019, Mr. S. Siva, ExecutiveDirector Investment Promotion of MIDAparticipated as one of the panelists in thediscussion on boosting the economy of acountry through football at the World FootballSummit Asia 2019 held at Sunway PyramidConvention Centre.

On 26 April 2019, MIDA HQ and MIDA Perakoffice collaborated with the Federation ofMalaysian Manufacturers (FMM) to organise abriefing session on Apprenticeship Program to40 participants from 20 companies in Perak.The event received an overwhelmingresponse, whereby 10 companies immediatelyconfirmed their participation in theprogramme.

On 28 April 2019, MIDA's team led by Dato’ Azman Mahmud, CEO of MIDA organised a roundtablemeeting with the Austrian Business Community in Vienna to discuss on investment opportunitiesavailable in Malaysia. It was indeed a fruitful meeting and MIDA looks forward to more investmentsfrom Austria.

MIDAE-NEWSLETTER April 2019 | 21

MIER projects all sectors of the economy to grow this yearMalaysia to leverage on improving trend of private investments: MIDA

Malaysia's new strategies to retain halal market leadershipChina firms interested in Penang

More deals from China following ECRL renegotiation — MITI

Economists see rebound in Q2, H2 this yearEconomy seen to recover in H2 after slow first quarterMITI committed to luring quality investments: DarellWorld Bank expects positive impact from revival of ECRL, Bandar Malaysiaprojects

World Bank maintains Malaysia's 2019 GDP growth at 4.7%

MIDA approved auto projects worth RM20.5 bil from 2012-2018

Dufu aims to operate metal fabrication plant by JuneEMS outlook seen brightSino Hua-An diversifies into tech and F&B, buys TGIF and Teh Tarik Place

Revised National Automotive Policy to be unveiled in Q2, says deputy ministerTop Glove to manufacture medical cathetersBTM inks MoU on wood pellet JV plant in TerengganuDESB plans up to RM120m investmentDow, Petronas arm ink carbon project deal

MIDAE-NEWSLETTER

50 years of excellenceRitz Corporate Berhad to build guarana factory in Sabah

MIER: GDP likely to grow 4.5pc

INDUSTRY NEWS

 April 2019 | 22

Newslinks

ECONOMY NEWS

MITI: US trade mission can generate RM6.6b investments

Malaysia’s fundamentals still attractive — World BankDr Mahathir: Malaysia will continue to be friendly to foreign investorsAmCham: Transparency, openness are key qualitiesLeiking: US firms set to invest RM6.6bilAmCham sees more U.S. investments

JHM buys factory in Kedah to expand capacity

Honeywell seeks more opportunities

Global Rubber Glove demand to hit 300 billion in 2019, 63 pct supplied byMalaysiaPlans to assemble 2 global marquesTa Win inks pact for cable making businessPromising growth for milk industryBoost for manufacturing segmentDialog projects on trackMCE teams up with Taiwanese firms to make automotive audio-visual productsCisco Systems to increase investments in MalaysiaBAT seeks to introduce alternative tobacco productsVsolar to collaborate with HK firm on manufacturing fast chargersAnalyst: Prioritise manufactured exports, especially E&E

INDUSTRY NEWS (CONT')

MIDAE-NEWSLETTER April 2019 | 23

Opportunities in semiconductorSpritzer to spend RM25mil on PET plant and solar projectsLeader Steel buys land to expand operations in SarawakJesselton Birost, China firm eye RM16.5 bln JV project in SabahChina's gearbox remanufacturing company to invest in Iskandar Malaysia

US medical technology company to invest RM100m in MalaysiaCCM at right place and time for Rapid

Texchem to invest RM36mil for expansion this year

Impiana set for expansion in hospitality businessMIDF: Development of free zone can attract more MNCsKnight Frank positive on logistics/ industrial sub-sectorMalaysia is set to host the world’s largest ship-to-ship (STS) transfer hub offJohor waters

SERVICES NEWS

MIMOS, Microsoft to set up applied AI centre in Malaysia

Bintulu Port handles 48 mil tonnes of cargo in 2018Mega First mulls Malaysian renewable energy ventureGets Global-KPIT to set up e-mobility hubG3 Global goes big into AI

Pioneering AI locallyTNB building RM180m solar plant in Kedah

Cypark to bid for 100MW solar project under scheme

Renewable energy to aid Malaysia's transition from fossil fuel – MIDALocal talent pool adaptable, says OngZenith opens RM195m hotelIndustries urged to support skills competitions to strengthen TVETLet 5G be another milestone to a greater MalaysiaNew framework to promote private investment in airportsKPJ to spend up to RM300mil on capex annuallyPM wants companies to invest in R&D, upskill labour forceMalaysia on right track to become global Islamic finance hubBintulu Port handles 48 mil tonnes of cargo in 2018

SERVICES NEWS (CONT')

MIDAE-NEWSLETTER April 2019 | 24

Petronas opens its first auto expert centre in MalaysiaJohor Port to provide marine services at Petronas LNG's Pengerang terminalG3 Global signs MoU with SenseTime, CHEC for Malaysia’s first AI park

A D V E R T I S E W I T H U S

MIDAE-NEWSLETTER April 2019 | 25

H O S T W I T H U S

MIDAE-NEWSLETTER April 2019 | 26

A B O U T M I D A

ABOUT MIDA

The Malaysian Investment Development Authority (MIDA) is the Government's principal promotion agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Starting operations in 1967, MIDA is the first point of contact for investors who want to take advantages of Malaysia's vibrant economy, world-class infrastructure and business-friendly environment to set up their profit centre in Asia. For more information, visit                                                                    or email us at investmalaysia@mida.gov.my. MIDA, your first point of contact for investments in Malaysia. Malaysian Investment Development AuthorityMIDA SentralNo. 5, Jalan Stesen Sentral 5Kuala Lumpur Sentral50470 Kuala LumpurTel: 603 2267 3633 / 2263 2555 / 2263 2549Fax: 603 2274 7970E-mail: investmalaysia@mida.gov.myWebsite: www.mida.gov.my Tell us what you think of our newsletter. Your                   will help us improve our services to you.  This email was automatically generated for you, please do not reply. You're receiving this newsletter because your email is registered with the MIDA website at www.mida.gov.my. Please add info@mida.gov.my to your address book so that our emails get to your inbox.

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