PETALING JAYA, Nov 14 (Bernama) — MyPlast Sourcing Summit 2023, an inaugural event held for the plastics industry, was successfully organised by the Malaysian Investment Development Authority (MIDA) and the Malaysian Plastics Manufacturers Association (MPMA) at the One World Hotel, Petaling Jaya, Selangor today. This pivotal event served as a dynamic platform to facilitate collaboration between Small and Medium Enterprises (SMEs) and Multi-National Companies (MNCs), catalysing growth and fortifying the local plastics supply chain ecosystem. The summit aimed to empower SMEs to adopt innovative approaches, thereby enhancing their plastic production capabilities, contributing significantly to the economy, and bolstering their competitiveness.
With a turnout of over 130 participants, the event brought together 10 MNCs and more than 20 plastics SMEs, including notable names like Texas Instruments Malaysia Sdn. Bhd., Nestle Manufacturing (Malaysia) Sdn Bhd, Thong Guan Industries Berhad and The Dow Chemical Company. Through initiatives like the MyPlast Sourcing Summit, MIDA and MPMA are committed to advancing the plastics industry to new heights in high-quality manufacturing, driven by advanced machinery, automation, and sustainable practices. This not only reduces dependence on foreign labour but also minimises the industry’s carbon footprint, ensuring a more sustainable and resilient future.