KUALA LUMPUR, April 2 (Bernama) — The Localisation Programme for Automotive Industry 2019 with the theme “Local2Global” organised by the Malaysian Investment Development Authority (MIDA) in collaboration with the Malaysian Automotive Association (MAA) at MIDA headquarters today received an encouraging response from the automotive industry players. The event, which was well attended by over 100 participants ranging from MAA members, including the Original Equipment Manufacturers (OEMs) and local vendors discussed among others, initiatives to increase localisation activities that will benefit all stakeholders as well as to encourage more investments in the industry.
Mr Arham Abdul Rahman, Deputy Chief Executive Officer of MIDA, in his speech said, “The Government has always considered localisation as one of the important elements to further develop the local automotive industry. We are pleased to gather a remarkable representation across the automotive industry including both the OEMs and vendors at this platform. I believe that through a strong participation between all stakeholders, the efforts towards enhancing the development of Malaysia’s automotive industry can be made possible. We are certainly looking forward to seeing more investments in the industry that brings about the transfer of technologies and expertise creating new capacities and help contribute to the creation of high-value jobs”.