He said MIDA would also continue to upgrade itself to ensure the country remain competitive and attract quality investments to generate more job opportunities.
“There are ongoing dialogues with the Ministry of International Trade and Industry, Ministry of Finance, Economic Planning Unit and Bank Negara Malaysia to promote specific industries that have high added value,” he said.
Amirsham said this to reporters after opening ViTrox Technologies Sdn Bhd’s Centre of Excellence for machine vision at Bayan Lepas Industrial Park here today.
On Malaysia’s investment performance this year, Amirsham said the country was able to keep attracting domestic and overseas investments to generate high-skilled jobs.
He said Malaysia attracted RM50.3 billion in investments up to May this year involving about 570 projects and generating about 50,000 jobs and was confident the investment target of RM140 billion for this year was on track.
On ViTrox’s Centre of Excellence, Amirsham said, the company’s commitment would directly contribute to Malaysia’s vision to transform itself into a knowledge-based economy by 2020.
“The establishment of the centre focusing on research and development and training centre is in line with the national investment agenda in strengthening the machinery and equipment industrial cluster.
“It would also nurture domestic companies, especially the small and medium enterprises, to become globally competitive as well as integrating them into the regional and global network,” he said.
The ViTrox’s Centre of Excellence is partially-financed by the Domestic Investment Strategic Fund, which is managed by MIDA.
It aims to accelerate the shift of Malaysian-owned companies in targeted industries to high added value, high technology, knowledge-intensive and innovation-based industries.
— BERNAMA
