When it comes to the Malaysian automotive industry, few have helped bring OEMs up as much as Perodua.
Now, the Malaysian Investment Development Authority (MIDA) is working with the national carmaker to introduce a new digital transformation programme. This will give local automotive suppliers the technology and machinery needed to digitalise their manufacturing processes in accordance with Industry 4.0.
The Malaysian Investment Development Authority (MIDA) and Perodua are gearing up through a strategic partnership to introduce the MIDA-Perodua Digital Transformation Ecosystem Programme which was held at MIDA’s headquarters yesterday.
The programme aimed to upgrade local automotive suppliers to the next level by using cutting-edge technology and machinery and to digitalise their manufacturing processes through the adoption of Industry 4.0.
For 2022, MIDA continued its initiatives through domestic investment seminars, engagement with national associations and chambers of commerce, industry linkage/supply chain programmes and domestic investment coordination platform commitments.
MIDA will endure to coordinate business-matching sessions between anchor companies and potential local suppliers/providers within specific industries, from networking arrangements for companies and potential funders and technology providers.
As of 30 June 2022, 238 Malaysian-owned companies were approved with business grants valued at RM138.5 million. The recipients were SMEs from labour-intensive industries such as plastics, wood, furniture and textiles, while the rest were from services-related industries.
MIDA CEO) Datuk Arham Abdul Rahman said: “The implementation of Industry 4.0 is not only for the automotive supplier’s benefit, but the impact of this programme will contribute greatly to the national’s digital transformation agenda. The programme also can fast track Malaysian industries, from being small to large, as it provides both funds and guidance.
“Perodua’s role has always been to develop the automotive ecosystem and this programme is another example of our commitment towards this objective.”
The first phase of the MIDA-Perodua strategic partnership has brought forth three potential Perodua partners, including LSF Technology Sdn Bhd, J.K. Wire Harness Sdn Bhd and Autoliv Hirotako Safety Sdn Bhd. These companies have also been granted the Domestic Investment Strategic Fund (DISF) as part of the Government’s initiative to assist local companies to embark into the global supply chain.
Under this programme, MIDA and Perodua have identified five new vendors which have shown potential and growth opportunities. These includes Armstrong Auto Parts Sdn Bhd, Ingress Aoi Technologies Sdn Bhd, Namicoh Suria Sdn Bhd, P.D. Kawamura Kako Manufacturing Sdn Bhd and Kumpulan Jebco (M) Sdn Bhd.
MIDA, being the principal promotional agency of Malaysia, will be extending their support services to help more companies obtain growth in terms of productivity, talent and bridging financial and technology gaps. The agency is confident that through such facilities and empowerment measures, these automotive players will be able to increase their business offerings and expertise to innovate its products and services and climb the supply chain ecosystems.
