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December 12, 2024 -Thursday |
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MIDA DRIVES DIGITAL TRANSFORMATION WITH LAUNCH OF MYSITE SELECTION PORTAL
Wednesday 11/12/2024
New MYSite Selection Portal and Industrial Park Directory transform investment decision-making in Malaysia
KUALA LUMPUR, Dec 11 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Federation of Malaysian Manufacturers (FMM) today unveiled the MYSite Selection Portal, a ground-breaking digital platform set to revolutionise industrial site selection in Malaysia. This launch represents a significant leap forward in Malaysia's digital transformation journey. The MYSite Selection Portal combines advanced geospatial analytics with comprehensive industrial data, offering investors an unprecedented tool for location decision-making. Users can access real-time information about industrial parks across all Malaysian states, complete with infrastructure details, connectivity options, and sustainability metrics. In addition to the digital platform, MIDA and FMM also launched the Malaysia Industrial Park Directory, a comprehensive directory providing detailed information about industrial parks across Malaysia.
Speaking at the launch event, YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), stated “Malaysia's ambition is to build a resilient supply chain for various industries, including strategic sectors like semiconductors. The MYSite Selection Portal and Malaysia Industrial Park Directory will facilitate this journey by allowing investors to swiftly identify areas with the best suitability for their operations and tap into our robust and mature manufacturing ecosystem."
The portal's standout features include: • Intelligent filtering systems for precise location matching • Real-time analytics and data visualisation • Comprehensive geospatial mapping • User-friendly interface for seamless navigation
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA emphasised, “The MYSite Selection Portal and Malaysia Industrial Park Directory are not just tools—they are catalysts for smarter, faster and more efficient decision-making in our industrial sector. The digital platform features geospatial analysis and smart monitoring systems allowing businesses to make informed decisions on land use, infrastructure and investment—all with just a few clicks. This portal is a dynamic and adaptive one-stop platform designed to evolve with the needs of its users. From small businesses to multinational corporations, the portal ensures inclusivity and accessibility, unleashing the full potential of geospatial data to drive sustainable growth and strengthen Malaysia’s position as an investment hub.”
FMM President, Tan Sri Dato’ Soh Thian Lai, added, “The publication of the Malaysia Industrial Park Directory in collaboration with MIDA; now into its second edition will provide manufacturers a comprehensive guide for identifying optimal locations that align with their strategic needs, while also supporting the establishment of smart factories and other high-value investments. Additionally, it serves as a valuable tool for authorities to evaluate the quality of facilities and infrastructure in their regions. FMM remains dedicated to working alongside stakeholders to foster an environment where industrial parks can thrive, thereby strengthening Malaysia’s manufacturing ecosystem to attract more high value-added investments and driving Malaysia’s growth as a leading player in the global industrial sector.”
In the near future, the digital platform will include a pioneering Star Rating System for industrial parks, establishing quality benchmarks based on infrastructure, connectivity, and sustainability metrics and helping investors make informed decisions.
The MYSite Selection Portal is now live and accessible at https://mysite.mida.gov.my/
About MIDA MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channels.
About FMM The Federation of Malaysian Manufacturers (FMM) has been the voice of the Malaysian manufacturing sector since 1968. Representing over 12,100-member companies (3,700 direct and 8,400 indirect) from the manufacturing supply chain, FMM is actively engaged with government and its key agencies at Federal, State and local levels. FMM is also well-linked with international organisations, Malaysian businesses and civil society. Apart from benefitting from FMM’s advocacy, FMM members enjoy value-add services, including training, business networking and trade opportunities as well as regular information updates.
Associated image(s) can be downloaded via this link: https://drive.google.com/drive/folders/1LC9fBCpb1nBpBdRs5svoU7FMsU1zgdq1?usp=sharing
SOURCE: Malaysian Investment Development Authority (MIDA)
FOR MORE INFORMATION, PLEASE CONTACT: MIDA Name: Sukri Abu Bakar Director, Domestic Investment Division Tel.: +603- 2267 3685 Email: sukri@mida.gov.my
FMM Name: Han Mong Ying Senior Manager, Corporate Affairs Tel: +603-62867200 Email: webmaster@fmm.my
--BERNAMA
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