RiSE4WRD for Industry4WRD is HRD Corp’s initiative to support the national agenda of embracing the Fourth Industrial Revolution (IR 4.0). This programme is designed to assist SMEs in the manufacturing and related sectors that have participated in the Readiness...
GOVERNMENT POLICY & SUPPORT
Government has launched the Industry4wrd – National Policy for Industry 4.0 in Oct 2018 to drive smart manufacturing and recently the National Fourth Industrial Revolution (4IR) Policy as the Malaysia Digital Economy Blueprint in Feb 2021.
Various frameworks, policies, programmes, incentives and support has been put in place to drive the advancement of businesses ready for the digital economy.Â
What’s available and What’s in it for you? Dive in to take advantage of the incentives.
Policy
The National 4IR Policy is a broad, overarching national policy that drives coherence in transforming the socioeconomic development of the country through ethical use of 4IR technologies. It supports national development policies such as the Twelfth Malaysia Plan (RMKe-12)...
Government is very supportive to drive the adoption of Industry 4.0. Multiple government agencies have designed programmes to benefit Malaysian businesses especially SMEs. Below is a snap shot of what is available :
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Grants
There are 2 grants available for manufacturers to embark into the smart manufacturing journey through the adoption of Industry 4.0 namely Industry4WRD Intervention Fund and Industry4WRD Domestic Investment Strategic Fund.
Loans
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From 14 to 16 Oct 2024, BIZSPHERE led 20 senior representatives from Malaysian manufacturing companies to the Industrial Transformation Asia-Pacific (ITAP) 2024 in Singapore. This initiative, part of the Smart4wrd program, aimed to expose our manufacturers to cutting-edge digital...
Environmental, Social, and Governance (ESG) has become a worldwide defining factor in business strategy. Today, more than half of CEOs globally—55%—rank ESG among their top three business priorities. Even more tellingly, 53% of those who prioritize ESG report capturing...
Kuala Lumpur, 19 November 2024 – Malaysian manufacturers gathered at the prestigious Menara Maxis, Kuala Lumpur for an engaging Coffee Chat Session titled "Beyond Automation: Lessons and Journeys in Malaysian Smart Manufacturing". Co-organized by the Smart4wrd and Maxis Business,...
14th Oct - Singapore. BIZSPHERE leads 20 Malaysian Manufacturing Senior Representatives to visit Industrial Transformation Asia Pacific 2024, Singapore from 14th to 16th Oct. This is part of the Smart4wrd Ecosystem programme to expose Malaysian Manufacturers to the latest technology, trends and digital applications which could strengthen their market competitiveness.
Malaysian Industrial Development Finance Bhd (MIDF) telah meluluskan pinjaman mudah berjumlah RM103.54 juta untuk tujuan automasi dan pemodenan 29 syarikat sehingga Jun 2024.
MIDF launches inaugural Malaysia Smart Manufacturing Awards to recognise, celebrate local industries
Malaysian Industrial Development Finance Berhad (MIDF) has recently launched the inaugural Malaysia Smart Manufacturing Awards (MSMA) to recognise and celebrate smart manufacturing achievements and foster Malaysian industries toward manufacturing excellence, innovation, and resilience.
Skills
RiSE4WRD for Industry4WRD is HRD Corp’s initiative to support the national agenda of embracing the Fourth Industrial Revolution (IR 4.0). This programme is designed to assist SMEs in the manufacturing and related sectors that have participated in the Readiness...