KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia is positioning itself strategically through enhanced cooperation between regulators and industry to unlock the potential of one of its most vital manufacturing sectors. A new partnership between the Malaysian Investment Development Authority (MIDA) and the Machinery & Engineering Industries Federation (MEIF) demonstrates the government's astute recognition that successful industrial upgrading stems from genuine collaboration with private sector partners who possess deep market expertise and operational insights.
Through the Memorandum of Understanding (MoU), MIDA and MIEF will establish a structured platform for collaboration to deliver on the ambitions of the New Industrial Master Plan (NIMP) 2030 and Malaysia’s domestic investment agenda. The partnership will prioritise ecosystem development, technology adoption, sustainability, investment facilitation, and stronger linkages between industry, government and research institutions.
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, emphasised that, "Malaysia's machinery sector remains fundamental to our manufacturing base, and this collaboration with MEIF represents a significant opportunity to accelerate our next growth phase. We're seeing encouraging signs that Malaysian SMEs are ready to embrace advanced technologies and what they need is structured support to compete effectively in high-value global supply chains. Through this partnership, we can build on the sector's existing strengths while helping our engineers and technicians develop the capabilities that global markets demand. By aligning industry expertise with government resources, we're positioning Malaysia's machinery and engineering sector to capture a larger share of regional manufacturing investment, particularly as companies seek reliable, technology-capable suppliers closer to key markets."
Mac Ngan Boon, MEIF President, expressed, "This MoU with MIDA marks an important step in strengthening Malaysia’s machinery and engineering ecosystem. For decades, our industry has contributed quietly but significantly to the nation’s growth. Today, we are called to play a bigger role — to deepen local supply chains, embrace new technologies, and prepare our SMEs to compete on a global stage. With MIDA as a strategic partner, MEIF is confident that we can help position Malaysia’s M&E industries as a pillar of industrial transformation under the NIMP 2030."
The partnership promises to accelerate research and development (R&D) linkages while fostering innovation-driven collaborations that strengthen trust between government, industry, and academia. By building a globally competitive, investment-ready, and sustainability-driven M&E ecosystem, Malaysia is positioning itself as a regional leader in industrial transformation.
About MIDAThe Malaysian Investment Development Authority (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 channel.
About MEIFThe Machinery & Engineering Industries Federation (MEIF) is Malaysia’s national federation representing the machinery, engineering, and advanced manufacturing sectors. MEIF works closely with government, industry, and international partners to strengthen industrial competitiveness, build resilient supply chains, and support innovation and sustainability across the machinery and engineering ecosystem. Through strategic initiatives, dialogues, and industry programmes, MEIF advances the role of the sector as a cornerstone of Malaysia’s industrial and economic growth.
SOURCE: Malaysian Investment Development Authority (MIDA)
FOR MORE INFORMATION, PLEASE CONTACT:
MIDA
Name: Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division
Tel: +603-2267 6769
Email: zakiah@mida.gov.my
MEIF
Name: Prof Datin Lorela Chia
Vice President, Strategy & Communications
Tel: +603-89249000 ext:12005
Email: lorela.chia@meif.org.my
Secretariat, MEIF:
Name: Ms Syifa Shamimi
Tel: +60 12-813 4828
Email: syifa@meif.org.my
Name: Ms Nabila Izzaty
Tel: +60 12-936 4828
Email: nabila@meif.org.my
--BERNAMA