MIGHT Annual Report 2021

MIGHT Annual Report 2021

MIGHT IS FORMED TO PROSPECT FOR BUSINESS OPPORTUNITIES FOR MALAYSIA THROUGH STRATEGIC EXPLOITATION OF TECHNOLOGY

MALAYSIAN INDUSTRY-GOVERNMENT GROUP FOR HIGH TECHNOLOGY (199401034376/320059P) MIGHT PARTNERSHIP HUB, JALAN IMPACT, 63000 CYBERJAYA, SELANGOR DARUL EHSAN

TABLE OF CONTENTS

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Corporate Information The Organisation Corporate Structure Membership

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24 30 38 40

VentureTECH MARIC

Building a Nation Event Highlights

The theme into the light depicts the aspiration of the company to move past the diculties of the pandemic years as the nation embraces optimism and dynamism in its technological and economic push. The light rays moving in one direction depict the continued importance of collaboration as a model for innovation and nation building. The COVID-19 pandemic has thrust to the fore the long held notion that no nation can go it alone in facing the scope and scale of the challenges ahead. The light forms a curve rearming the company's commitment to the many facets of sustainable development and the growing role of the circular economy. It also forms a continuum representing resilience and the will always go further. MIGHT together with its members and partners are always on the lookout for new, inclusive and sustainable technologies. Inclusive growth must go beyond building economic growth, but also also improve reparation and sustenance of environmental, social and governance (SEG) standards.

About us

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Corporate Information No. 15B, Tingkat 2, Jalan Tengku Ampuan Zabedah F9/F Seksyen 9, 40100 Shah Alam, Selangor Registered Oce Place of Business MIGHT Partnership Hub, Jalan IMPACT, 63000 Cyberjaya Selangor Darul Ehsan

Auditor BDO Level 8, BDO @Menara CenTaRa, 360 Jalan Tuanku Abdul Rahman, 50100 Kuala Lumpur Company Secretary Zainal Abidin Pit MAICSA 7014057 201908003249 SSM Practising Certificate No:

Principal Banker CIMB Bank Berhad Putrajaya Branch, 2M11-A Kompleks Kementerian Kewangan No 5, Persiaran Perdana, Presint 2, 62592 Putrajaya

The Organisation

MIGHT emphasises market intelligence initiatives using foresight practices and methodologies to identify technology and business opportunities. The Malaysian Industry-Government Group for High Technology (MIGHT) serves as a think-tank and provides strategic advisory in the prospecting for and promotion of industry development through strategic application of science and technology for Malaysia’s socioeconomic development. Its key role is building and driving partnerships in technology through a consensus building platform between the private and public sectors and providing strategic advice and alliances to shape high technology studies, capacity building through policy interventions as well as flagship programmes and strategies for the country. MIGHT emphasises market intelligence initiatives using foresight practices and methodologies to identify technology and business opportunities. It is governed by a Board of Directors, helmed through the Joint-Chairmenship of prominent private sector personalities and senior government ocials. An organisation built on the strength of partnership with more than 100 members and partners both local and international from industry, government and academia, MIGHT also facilitates and empowers members’ and partners’ success through nurturing, expanding and building high technology capacity of the Malaysian high technology ecosystem by creating opportunities and building competencies. This partnership is driven by localising R&D solutions for growth as well as building the talents for tomorrow.

About us

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Corporate Overview

Our Vision To Serve the Nation in Advancing Competency in High Technology Through Partnership Towards Sustainable Development.

Objectives Partnering To Deliver Impact

Nurturing Techno-Business Innovation Setting Common Direction for High Technology Industry Development Securing Financial Foundation for Growth & Sustainability Developing Capability and Competency for High Technology Industry

Enhancing Future Talent

Foresight & Futures Thinking

Global Strategies & Outreach

Technology Priorities & Enhancement

Technopreneurship Excellence

Sustainable Development for Smart Cities, Renewable Energy & Industry 4.0

Programmes and activities include building strategic partnerships and alliances, technology acquisition and nurturing capacity building as well as strengthening the growth of these sectors through policy interventions an d fl agship programmes.

MIGHT F.I.R.S.T MATRIX TM

Developed as a policy response tool - to create strategies and action plans. The MIGHT F.I.R.S.T MatrixTM used to assist the horizon scanning activities as well as analysis exercise. The matrix is made of five perspectives which are: Funding & Finance, Infrastructure, Regulations & Policies, Skills & Talents, and Technology. The matrix enables discussion on how each perspective interact with others. It helps the thought process by documenting discussions and deliberations systematically, in cell blocks, and each perspective will be studied against the four others. During the deliberations, questions to ask include on availability, changes (to value add, to discontinue, or to create new) and possible solutions. The findings, could be in the form of lists, or a simple checked table.

MIGHT 's Governance

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Patron YAB DATO’ SRI ISMAIL SABRI YAAKOB Prime Minister of Malaysia

Ecient and eective utilisation of technologies could drive the nation’s economic growth by leveraging on public-private partnership projects, which would in turn reduce the government’s expenditure, improve delivery of public facilities and services, as well as encourage innovation and economies of scale.

MIGHT'S Governance

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YB DATO’ SRI DR. ADHAM BABA Minister of Science, Technology & Innovation Minister-in-Charge

Digital transformation requires stronger coordinated actions from multiple stakeholders, including the private sector to realise the full potential of digital transformations. We need to focus on eorts to mainstream Science, Technology and Innovation (STI) as the main driver of economic

MIGHT'S Governance

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YBHG. TAN SRI MOHD ZUKI ALI Chief Secretary to the Government of Malaysia Honorary Advisor

Technology can be the enabling factor that makes engaging with various levels and locations a possibility in a short span of time. The advantage of having infrastructure well connected all around the country is that it can be used at an optimum level. The SWIFT principle (Speed, World-Class Knowledge, Inspiration, Flexible and Technology-Based) will serve as the foundation in establishing the “way of being” for a world competitive public service.

MIGHT'S Governance

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Joint Chairman (Government) Professor Emeritus Tan Sri Dr. Zakri Abdul Hamid “Humanity's greatest challenges including pandemics, climate change, biodiversity loss and plastic pollution are all inter-related and can be eectively mitigated only through greater and long-term integration of science advice in the decision-making process. Clearly trust in science by the public and policy makers is fundamental to the transforma- tive changes scientists prescribe, and to shifting the all-too-frequent "react-and-cure" decision-making approach to one of "anticipate and prevent".

Joint Chairman (Industry) Tan Sri Datuk Dr. Ir. Ahmad Tajuddin Ali, FASc

“Collaboration across industries to harmonise technology is pertinent to ensure that economies of scale for digital infrastructure are maximised, along with the establishment of policies and standards to promote this cross-industry collaboration nationally, regionally and globally”.

Datuk Dr. Mohd Yuso Sulaiman

President & Chief Executive Officer “Public-private partnership and collaboration is fundamental in promoting the growth of high technology with emphasis on developing indigenous technologies and innovation. The integration of resources and expertise in developing current and future strategic industries will accelerate and promote sustainable development best practices through science, technology, and industry. Hence, more high impact programmes that involves R&D, commercialisation as well as human capital development are created”.

The Structure

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Organisational Structure

PATRON

JOINT CHAIRS

GOVERNMENT PROFESSOR EMERITUS TAN SRI DR. ZAKRI ABDUL HAMID

INDUSTRY TAN SRI DATUK DR. IR. AHMAD TAJUDDIN ALI, FASc

BOARD OF DIRECTORS

PRESIDENT & CEO

DATUK DR. MOHD YUSOFF SULAIMAN

BOARD AUDIT & RISK MANAGEMENT COMMITTEE

BOARD NOMINATION, REMUNERATION & INTEGRITY COMMITTEE

INTERNAL AUDITOR

INTEGRITY & GOVERNANCE UNIT

CORPORATE AFFAIRS & STRATEGY DIVISION (CASD)

PRESIDENT & CEO’S OFFICE

INDUSTRY DEVELOPMENT DIVISION (IDD)

myForesight SUSTAINABLE DEVELOPMENT TECHNOLOGIES DIVISION (SDT)

IDA SEMURNI ABDULLAH ALI

MOHD ZAKWAN MOHD ZABIDI

RUSHDI ABDUL RAHIM

DR. RASLAN AHMAD

ABD HALIM MOHD BISRI

The Board of Directors

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Datuk Khalilur Rahman Ebrahim System Consultancy Services Sdn Bhd

En. Mazuin Ismail Petroliam Nasional Berhad (PETRONAS)

Datuk Ir. Baharin Din Tenaga Nasional Berhad (TNB)

Datuk Matthew Tee Binapuri Holdings Berhad

Dato’ P’ng Soo Hong First Solar Malaysia Sdn Bhd

Dato’ Sri Norazman Ayob Ministry of International Trade & Industry (MITI)

Datuk Khairil Adri DreamEDGE Sdn Bhd

Datuk Zainal Abidin Abu Hassan Ministry of Science,Technology and Innovation (MOSTI)

Tan Sri Dato’ Seri Dr. Jerey Cheah Sunway Berhad

Dr. Bicky Bhangu Rolls-Royce

Datuk Ir. Dr. Siti Hamisah Tapsir UCSI University

Datuk Ir. (Dr.) Abdul Rahim Hashim PETRONAS Chemicals Group Berhad

Datuk Dr. Mohd Yuso Sulaiman Malaysian Industry- Government Group for High Technology (MIGHT)

Dato’ Rozabil Abdul Rahman Destini Berhad

Dato’ Prof Husaini Omar Ministry of Higher Education (MOHE)

Alternate Directors: Ms Marina Md Taib | Alternate Director for PETRONAS Dato’ Wira Roslan Abdul Rahman | Alternate Director for TNB

Dato’ Tan Kia Loke | Alternate Director for Sunway Berhad Dr Chan Chee Seg | Alternate for MOSTI

The Management

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Datuk Dr. Mohd Yuso Sulaiman PRESIDENT & CHIEF EXECUTIVE OFFICER

Rushdi Abdul Rahim SENIOR VICE PRESIDENT

SENIOR VICE PRESIDENT Abd Halim Mohd Bisri

Dr. Raslan Ahmad SENIOR VICE PRESIDENT

Mohd Zakwan Mohd Zabidi SENIOR VICE PRESIDENT

Robert Tai Chiang Vun SENIOR PRINCIPAL ANALYST I

Mohd Nasir Md Ibrahim SENIOR PRINCIPAL ANALYST I

Mohd Nurul Azammi Mohd Nudri SENIOR PRINCIPAL ANALYST I

Ida Semurni Abdullah Ali VICE PRESIDENT

Zulkiee Mohamad SENIOR PRINCIPAL ANALYST I

Mahalil Amin Abdul Malek VICE PRESIDENT

LE LEAD

Tan Sri Ahmad Tajuddin Ali’s almost 50-year career in Malaysia’s energy sector is both unparalleled and unprecedented. As MIGHT’s Joint-Chairman (Industry) he is a one-man embodiment of the triple-helix of government, industry and the academia. Both on the national and international fronts, Tan Sri Ahmad Tajuddin has delved into every major segment of the energy sector. This culminated in him being appointed Chairman and Chief Executive of Tenaga Nasional Berhad following stints at the Nuclear Energy Unit of the Prime Minister’s Department and the International Atomic Research Agency, as well as at Standard and Industrial Research Institute of Malaysia (SIRIM). Tan Sri Ahmad Tajuddin’s foray into the private sector has been equally illustrious. He is at present the Chairman of Malako and SIRIM Berhad following appointments as Chairman of UEM Group Berhad, UEM Sunrise Berhad, PLUS Expressways International Berhad, Linde Malaysia Holdings Berhad and Construction Industry Development Board (CIDB). A keen proponent of human development he is also the incumbent Pro-Chancellor of Universiti Tenaga Nasional (UNITEN) and Chairman of Universiti Teknikal Malaysia Melaka (UTeM) in addition to expanding commercial strength in universities through the Chairmanship of UPM Holdings Sdn. Bhd. and UPM Innovations Sdn Bhd. Tan Sri Dr Tajuddin is also a member of the Governing Council of the International Institute of Applied Systems Analysis (IIASA) in Laxenburg, Austria and also a member of APEC Business Advisory Council (ABAC).

TAN SRI DATUK DR. IR.

ALI, FASc

SEHRSIPHIP

ZAKRI PROFESSOR EMERITUS TAN SRI DR. ABDUL HAMID A firm believer in the role of sustainable development in poverty elimination and promoting human well-being, Tan Sri Zakri is Chairman of the Board of Directors, University of Malaya as well as ProChancellor of Universiti Pendidikan Sultan Idris (UPSI) and Multimedia University (MMU). MIGHT’s Joint-Chairman (Government) Professor Emeritus Tan Sri Dr Zakri Abdul Hamid is a man clearly ahead of his time. Tan Sri Zakri has consistently led eorts in the global assessment of biodiversity and its ecosystem services long before it was ‘ de-rigueur ’. His works hold as its core value an inclusive and integrated methodology and approach, a global perspective and a long-term vision. Tan Sri Zakri is a Founding Fellow of the International Science Council, the founding Chair of the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) as well as a member of the Global Leadership Council of the Sustainable Development Solutions Network (SDSN). Closer to home he currently holds the Tun Hussein Onn Chair, at the Institute of Strategic and International Studies (ISIS). His contributions enjoy both domestic and international honours and recognitions. In January 2017, the US-based “Biofuel Digest” hailed him as one of the “Top 100 Influential Persons in the Advanced Bioeconomy 2017”. This joins the ranks of many other awards including the Fulbright-Hays Fellowship; ISSAAS Matsuda Award; Zayed International Prize for the Environment; the Academy of Science of South Africa Distinguished Visiting Scholar Award; the Midori Prize for Biodiversity Award; Global Competitiveness Award and the ASEAN Biodiversity Hero Award.

Since its establishment in 1993, MIGHT has successfully expanded its reach in areas related to Facilitation, Content Development and Strategic Advisory through partnerships and collaborations with our national and international members and networks. As a technology think tank, MIGHT need to remain resilient and competitive, hence its activities have been aligned to support the organisation’s mission and objectives. MIGHT Corporate Plan 2025 is an initiative to chart MIGHT’s growth and strategic direction from the present to end 2025 amidst new challenges and realities. An analysis was carried out to identify the challenges and way forward to bring MIGHT to a greater height. MIGHT identified 4 Strategic Thrusts , 13 Actions Plans and 41 Initiatives in its quest to achieve the goals. STRATEGIC DIRECTION SETTING THE STAGE FOR 2025

MIGHT Membership Creating opportunities and building competencies

MIGHT oers a platform for collaboration between the public and private sectors in driving the nation’s high technology industry. By providing a network of local and global linkages for members to capitalise on through synergistic partnerships, MIGHT is Malaysia’s own unique organisation that undertakes strategic alliances and performs analyses on high technology industry and business opportunities. MIGHT members are from various fields, including key government ministries and agencies, public listed companies, small and medium enterprises (SMEs), universities, research institutions, non-governmental organisations (NGOs) and multinational corporations (MNCs). Membership to MIGHT is by invitation.

STRATEGIC BENEFITS OF MIGHT MEMBERSHIP

Contribution in providing input to formulate national strategic plans for high technology industry sectors.

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Global exposure to strategic technologies and businesses.

Opportunities for collaboration and partnership in technology and business.

Participate in business forums, consultations, seminars, dialogues and global missions.

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Participate in collective technology eorts beyond the resources of individual organisations.

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FOUR CATEGORIES OF MIGHT MEMBERSHIP

LEAD Members

Government organisations or government controlled organisations, corporatised organisations, research institutes and universities. PERMANENT Members

Organisations from the industry that are composed of companies registered in Malaysia and owned by Malaysian citizens. ORDINARY Members

Non-Malaysian controlled companies. ASSOCIATE Members

Selected Malaysian key industry players.

Lead Members

Permanent Members

ECONOMIC PLANNING UNIT

MALAYSIAN ADMINISTRATIVE MODERNISATION AND MANAGEMENT PLANNING UNIT

MINISTRY OF AGRICULTURE AND FOOD INDUSTRIES MALAYSIA

MINISTRY OF DEFENCE MALAYSIA

MINISTRY OF FINANCE MALAYSIA

MINISTRY OF HOME AFFAIRS MALAYSIA

MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY

MINISTRY OF SCIENCE, TECHNOLOGY & INNOVATION

Ordinary Members

Associate Members

TAKES IT REGIONAL

VentureTECH took its funding initiatives a notch higher with the strategic partnering with Japan's SBI Ventures Malaysia. The partnership elevates VentureTECH’S fund management and fundraising into the realm of a regional playing field. This is especially crucial in efforts to further scale up local industries through providing support and linkages, as well as establishing networks and expertise thus fuelling their business growth and expansion globally. The VentureTECH – SBI Ventures Malaysia partnership would also boost private equity investment from Japan with direct impact on transformation on the digitalisation of Malaysia's micro, small and medium enterprises. Additionally, the collaboration also supports technology players in the provision of higher value-added products and services and improvements in productivity and competitiveness through the use and application of Fourth Industrial Revolution (IR4.0) technologies and Internet of Things (IoT) in areas such as agro-based smart farming and digital healthcare. Since its inception in 2009, VentureTECH has invested in and committed to 23 technology industry leaders in the targeted bio-based, emerging, and green industries, with aggregate investee net worth surpassing RM1.2 billion.

VentureTECH

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VentureTECH is an investment company established by the Government of Malaysia in 2009 with the national mandate to encourage the participation of local Malaysian companies in high value-added and high technology industries, a key mainstay that will drive Malaysia into a sustainable high-growth economy. VentureTECH assumes a catalytic role to assist the transformation of the nation’s economic development trajectory by advancing the capabilities of local technology based companies in targeted growth areas of bio-based, green and emerging industries with an aim to provide new opportunities for growth to generate socio economic benefits for the country and the people. This is achieved by collaborating with key ministries, lead development agencies and financial institutions. VentureTECH’s mission is to increase the number of viable, competitive regional and global companies in strategic and high value-added industries, which will be driven by our investment strategies customised to address the existing critical funding gaps within the ecosystem.

Familiarisation Visit by Malaysian Investment Development Authority (MIDA) to TXMR Sdn Bhd

22 March 2021 | TXMR Sdn Bhd, Cheras

The MIDA team from Machinery and Metals Division visited TXMR’s automation plant in Cheras as part of an eort to familiarise with Malaysian robotics & automa-tion players, followed by a discussion with Venture-TECH. TXMR’s Managing Director/Founder, YM Tengku Mohd Farid Tengku Hassim briefed on the company’s core business of automation and robotics solutions and the company’s business strategy on innovating robotic products and technologies to serve the local and global market. During the plant tour, TXMR showcased their Integrated Conveyor Automation System (ICAS), Integrated Robotic System (IRS) dan Cyber Physical Management System (CPMS).

The technology and solutions oered by TXMR will be of great benefit to the country as the nation focuses on ramping up Industrial Revolution 4.0 and its continuous demand for digital transformation to remain competitive. The visit is part of VentureTECH’s continuous value creation initiative for its investees through successfully linking with the right stakeholders.

VentureTECH

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Inaugural Meeting with SBI Holdings Japan’s President & CEO, a Global Private Equity Partner to VentureTECH 1 September 2021 | via Online In the lead up to the formalisation of the Joint Venture between VentureTECH and Japan’s SBI Holdings’ unit SBI Ventures Malaysia, an introductory meeting was held between Managing Director of VentureTECH and the founder & shareholder of SBI Holding Inc. Japan and their respective members of senior management. SBI Holdings was joined by Head of Overseas Business Department Mr. Makoto Miyazaki, and Managing Director of SBI Ventures Malaysia, Mr. Yoshihiro Ishiwata. Present from VentureTECH were Chief Investment Ocer, En. Ahmad Redzuan Sidek and other members of the Senior Management team.

Visit by President and Group Chief Executive of SIRIM Bhd to NDE Consultancy Sdn Bhd 2 October 2021 | Kemaman, Terengganu The President and Group Chief Executive of SIRIM Bhd, Dato’ Dr. Ahmad Sabirin Arshad paid a visit to a VentureTECH investee company, NDE Consultancy Sdn Bhd to explore potential collaboration with SIRIM’s subsidiary in eorts to further empower local industries and businesses. NDE Consultancy’s Managing Director, En. Saharudin Kambari spoke on the company’s strengths to SIRIM’s delegation including its technological capabilities in providing non-destructive testing and engineering inspection services.

The company also highlighted the establishment of Malaysia’s first lab testing services, subsequent to VentureTECH’s RM15 million investment. The establishment of the lab is aimed at reducing reliance on foreign test labs and subsequently level the playing field.

MIGHT’s President & CEO, Datuk Dr. Mohd Yuso Sulaiman, was also at hand to deliver the welcoming remarks. In addition to exchanging both organisations’ information, the brief meeting concluded on a positive note as both parties rearmed commitment to ensure the success of the Joint- Venture between VentureTECH and SBI Ventures Malaysia on fund management and fund raising at national and regional levels.

VentureTECH

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Signing of Investment Joint Venture Agreement between

The establishment of the lab is aimed at reducing reliance on foreign test labs and subsequently level the playing game with those oered by their foreign counterparts. Dato’ Dr. Ahmad Sabirin Arshad identified several opportunities for both SIRIM and NDE Consultancy to further explore. The visit is part of VentureTECH’s continuous value creation initiative which has successfully connected VentureTECH’s investee to the right stakeholders.

VentureTECH and SBI 2 November 2021 | Cyberjaya

VentureTECH announces the launch of a private equity co-investment fund of RM75 million for growth stage technology companies with its foreign partner, Japan’s SBI Ventures Malaysia. This follows the landmark signing of a Joint Venture (JV) Investment Agreement to provide an additional source of foreign funds into Malaysia from a global private equity firm. The JV Agreement was signed by VentureTECH’s Managing Director, Dr. Norida Abd. Rahman and Mr. Yoshihiro Ishiwata, Managing Director of SBI Ventures Malaysia Sdn Bhd, witnessed by the Minister in the Prime Minister’s Department (Economy), YB Dato’ Sri Mustapa Mohamed.

VentureTECH

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This fund is designed to play a strategic role in supporting Bumiputera companies in the high value-added and emerging industry market segments to scale up to their full potential. It also aims to attract additional investors to support the expansion of these companies during this economic recovery period. The strategic partnering with Japan’s SBI Ventures Malaysia, a reputable regional private equity player, is important in helping Malaysian industries build synergies and collaboration at the regional level, and in continuing to support their long-term growth as they strive to continue to scale up and compete in both the Malaysian and global markets. The initial fund targets to support technology industry leaders with their continued expansion in higher value-added production and services, and in improving productivity of the traditional industries through IR4.0 and IoT applications in areas such as agro-based smart farming and digital healthcare, which is in line with Malaysia’s MyDigital aspirations of increasing productivity by 30% across all sectors by 2030. Signing of Investment Agreement between VentureTECH and Gas Pantai Timur 16 December 2021 | Cyberjaya VentureTECH unveiled an initial RM2.5 million investment in Gas Pantai Timur Sdn Bhd (GPT), a wholly Bumiputera-owned company involved in the manufacturing and supply of medical and industrial gases throughout the country. This aims to help the company meet surging demand for oxygen gas cylinders at government hospitals as well as clinics, as the country continues its quest to overcome the COVID-19 pandemic. GPT is a major supplier of medical and industrial gases which include oxygen, acetylene and nitrogen all processed in gas plants located in Pengkalan Chepa Industrial Area, Kelantan and the newest in Gopeng Industrial Area in Perak.

The investment from VentureTECH will see GPT expanding its cylinder refilling station in Puchong for medical gases to serve hospitals in the central region, making it more accessible to serve the government hospitals and clinics. This marks VentureTECH’s sixth investment in the healthcare related market segments since its inception. With the addition of GPT, VentureTECH has invested and committed to invest in 24 technology industry leaders in the targeted biotechnology and biobased industries, and emerging and green industries, with aggregate investee net worth surpassing RM1.2 billion mark. The investment agreement was earlier signed by Dr. Norida Abd Rahman, Managing Director of VentureTECH and Puan Wan Hamimie Dato’ Wan Ari, Director of Gas Pantai Timur in VentureTECH’s oce in Cyberjaya.

MARIC

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Malaysia Rail Industry Corporation or better known as MARIC, is an industry-led platform that promotes coordination and integration among Malaysian rail players. Established on 17 April 2017 to support and represent the voice of local rail industry players, MARIC acts as a focal point for local players in the strategic development of human capital, technology and supply chain. MARIC benefits from relevant government investments and supports government policies on national rail industry development.

A total of 36 local rail companies are gathered under MARIC, with focus on seven clusters of capabilities in system works, namely: signalling, track works, rolling stocks, telecommunication, power supply, automated fare collection and consultancy. The government’s localisation policy has significantly helped develop the local rail industry. The local players involvement in three major projects under The Greater Kuala Lumpur Plan 2010 has achieved international standards & recognition. These projects were awarded based on the capabilities of MARIC members together with the respective local and international rail partners.

Presentation on Rail Industry Development Programme (RIDP) with Ministry of International Trade and Industry (MITI) 19 January 2021 | Kuala Lumpur MARIC has actively propelled the Rail Industry Development Programme (RIDP) under the Strategic Industries and High-Performance SME Improvement Programme (Prestige). The programme is expected to increase the percentage of local content by at least 45% in several segments of the rail industry by 2030. RIDP identifies and enhances the capabilities of high-growth small and medium enterprises (SMEs) in the rail sector in line with the National Transport Policy 2019-2030 and the National Entrepreneurship Policy 2030. The programme is carried with full participation and support of MOT with input from industries. Companies selected for the programme would be involved in the manufacturing of internal components of railway carriages, fiberglass panels, doors and gangways, as well as railway carriage maintenance services, rail systems and brake systems.

MARIC

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2nd Symposium on Railway Infrastructure and Engineering: Transformation of Railway Connectivity with Universiti Tunku Abdul Rahman (UTAR) 3 February 2021 | Online Malaysia Rail Industry Corporation (MARIC) and the Faculty of Engineering & Science of University Tunku Abdul Rahman (UTAR), successfully organised the 2nd Symposium on Railway Infrastructure & Engineering, (2nd-RIE). The event was ociated by YB Datuk Seri Ir. Dr. Wee Ka Siong, Minister of Transport and examined connectivity provided by rail transport and its significant impact on our social and economic lives. The symposium brought together practitioners from railway industry, owners, operators, researchers and the academia to share and promote research activities to support new initiatives in expanding the rail network in Malaysia and promoting railway connectivity within the ASEAN region. The one-day programme covered all aspects of rail including safety and standards, operation safety, reliability and maintainability, social, environmental and economic issues, education and training, transportation and optimisation of trac control.

MARIC

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Examining Livelihood Issues at the “International Symposium on Rail and Livelihood’ with UiTM (ISORAIL 2021) 6 April 2021 | Online MARIC and UITM organised an International Symposium on Rail and Livelihood (ISORAIL 2021), ociated by YB Dato’ Sri Haji Ismail bin Haji Abdul Mutalib, Deputy Minister, Ministry of Housing and local Government. The webinar focused on transit-oriented development (TOD) as a key catalyst for non-fare revenue in rail operations sustainability. The discussions also included achievements of and challenges facing the rail industry and how its impacts livelihood and societal well-being in Malaysia. MARIC as a rail industry-led platform also provided practical approaches to address last mile connectivity to achieve a seamless journey in public transportation and urbanisation.

MARIC

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Exploring Catalytic Development of the Rail Industry in Selangor 9 September 2021 | Online

Development of a comprehensive rail system and industry in Selangor is a key element in the development of Selangor’s economic ecosystem. MARIC strongly iterated its strong position as a valued-contributor to this eort during a virtual meeting with the YAB Dato' Seri Haji Amirudin bin Shaari, Chief Minister of Selangor. Points of discussion include MARIC’s readiness to be an important strategic partner to the state’s railway aspirations. This include the creation of a Selangor Rail Council to spearhead rail development as a key component of Selangor's economic growth and success. Since most of the rail companies are already operating in Selangor, the state is well-positioned to be an integrated center of rail economic development. The development of the rail industry could take a leaf from the success story of the aerospace industry in the successful development and application of high-impact technology for the benefit of the country.

Webinar on 'The Future of Malaysia's Rail Industry: The Impact on Economic Growth' with Othman Yeop Abdullah Graduate School of Business (OYAGSB) Universiti Utara Malaysia (UUM) 24 October 2021 | Online

Honorary Secretary of Malaysia Rail Industry Corporation (MARIC), Hani Ghazali was featured in a discussion on the 'The Future of Malaysia's Rail Industry: The Impact on Economic Growth’ at the BizTalk programme by Othman Yeop Abdullah, Graduate School of Business (OYAGSB), Universiti Utara Malaysia (UUM). The talk focused on the global paradigm shift that may shape the development landscape of the future rail industry.

Improving the eciency of transportation and logistics services contribute towards achieving sustainable economic development and improving societal well-being. Eorts to provide an integrated, aordable, reliable and smooth transportation system must be stepped up. While the industry may not at present possess the necessary capabilities in its entirety, the synergy in form of cooperation and collaboration between various parties including academia, government and the private sector needs to be intensified to enhance research and development (R&D) capabilities and organisational innovation. The continuity of international trade and logistics will run smoothly by strengthening integration to build future capacity, improve production networks and strengthen the production ecosystem.

As such, knowledge-intensive and highly skilled workers are crucial in increasing organisational productivity driven by advanced technologies such as the Internet of Things (IoT), robotics, 3D printing, big >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76 Page 77 Page 78 Page 79 Page 80 Page 81 Page 82 Page 83 Page 84 Page 85 Page 86 Page 87 Page 88 Page 89 Page 90 Page 91 Page 92 Page 93

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