2023-06-15 01:31
Zafrul: New Industrial Master Plan 2030 to Advance Malaysia's Economic Complexity
KUALA LUMPUR (June 13): The Ministry of Investment, Trade and Industry's New Industrial Master Plan 2030 (NIMP2030) is being drafted to drive industrial development and advance the nation's economic complexity. To be launched in August, NIMP2030's objective is very much in line with the New Investment Policy that has clearly identified five sectors that could help enhance future exports of more complex products, according to Minister Tengku Datuk Seri Zafrul Abdul Aziz. 'The sectors are aerospace, chemicals/petrochemicals, the digital economy, electrical and electronics (E&E, including medical devices), and pharmaceuticals,' he said, adding that out of the top five exported products, only E&E and chemicals can be considered as products with higher complexity.

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