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. 

What’s available and What’s in it for you? Dive in to take advantage of the incentives.

Policy

RiSE4WRD for Industry4WRD

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...

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Industry4WRD Related Incentives

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

Industry4WRD Incentives from MIDA

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.

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Loans

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Smart4wrd Ecosystem Visits ITAP 2024, Singapore

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...

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Smart4wrd Ecosystem Visits ITAP 2024 , Singapore

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.

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Skills

RiSE4WRD for Industry4WRD

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...

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