Selangor Journal
Image for illustration purposes only. — Picture via PEXELS

NIMP 2030 adopts mission-based approach, to galvanise manufacturing ecosystem —PM

KUALA LUMPUR, Sept 1 — The New Industrial Master Plan 2030 (NIMP 2030) adopts a mission-based approach, unlike the previous industrial transformation plan and three master plans since 1986, said Prime Minister Datuk Seri Anwar Ibrahim.

He said NIMP 2030 is a horizontal policy with well-defined missions that will galvanise not only the entire manufacturing ecosystem but also the whole of nation to drive industrial transformation and realise Malaysia’s vision.

“With a short window of seven years, NIMP 2030 must take a transformative and expeditious approach to achieve the goals. Based on rigorous assessments and extensive consultations, four missions have been formulated to drive industry transformation on a large scale,” Anwar said in his speech at the launch of the NIMP 2030 here, today.

The four missions are to advance economic complexity, to tech up for a digitally vibrant nation, to push for net-zero carbon emission, and to safeguard economic security and inclusivity.

These missions will be supported by four key enablers to overcome systemic and institutional challenges, he said.

“These enablers include addressing financing challenges, nurturing talent development and acquisition, improving the investor journey, and enhancing governance mechanisms.

“To provide the impetus for immediate roll-out of NIMP implementation, several mission-based projects have been identified,” said the Prime Minister.

He noted that these ground-running projects are expected to accelerate the development of an inclusive ecosystem that integrates the small and medium enterprises (SMEs) into the value chain and rally the entire industry.

— Bernama

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