Page 149 - Malaysia Baharu 2018
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elerating the adoption of Industry 4.0 6 | MALAYSIAN ECONOMY
Support the transition and migration to Industry 4.0 (RM210 million).

~ The Malaysia Productivity Corporation will carry out Readiness Assessments to

assist up to 500 Small Medium Enterprises (SMEs) to migrate to Industry 4.0
technologies.
Established the Knowledge Resource for Science and Technology Excellence
(KRSTE.my).

~ To enable greater sharing of Research and Development (R&D) resources

between public and private sector.

~ The Government will make available 250 facilities and 1,200 scientific equipment

and research date for private sector to access and share.

~ To start a Researcher-Mapping program to place at least 100 public sector

researchers with private sector with the cost borne by the Government.
Provide loan guarantee under the “Skim Jaminan Pembiayaan Perniagaan”
(SJPP) (RM2 billion).

~ To incentivise SMEs to invest in automation and modernisation.
~ The Government will provide a guarantee of up to 70% of the amount financed.

Established Industry Digitalisation Transformation Fund under BPMB
(RM3 billion).

~ BPMB offering an interest subsidy of 2%.
~ To accelerate industry adoption of Industry 4.0 related to technologies including

robotics and artificial intelligence.
Malaysian Investment Development Authority (MIDA) will continue to provide
matching grants through the High Impact Fund (HIF).

~ To emphasize on promoting Industry 4.0 initiatives.
~ This includes activities such as R&D, adoption of international certification and

standards, modernisation and upgrading of facilities and tools with the latest
technology.
To develop a world class aerospace industry hub in Subang.

~ To Khazanah Nasional Berhad will work with MARA to produce high-skilled

workers to meet industry demands.
The Government propose double tax deduction.

~ To improve employability of graduates and the Industry 4.0 related skill

competencies.

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