Local industry players must take advantage of all the facilities and support provided by the Government towards ensuring the long term competitiveness of their businesses, urged Datuk Seri Ong Ka Chuan, Second Minister of International Trade and Industry (MITI).

“MITI, MIDA and our other agencies have been doing many outreach programmes, especially towards building the capabilities of our local industry players and small & medium-sized companies (SMEs). However, there is still a lack of awareness among the business community in the facilities and support provided by the Government. There are really many platforms that all of you can take advantage of,” said Ong during the National Investment Seminar 2017 organised by the Malaysian Investment Development Authority (MIDA) today at the Intercontinental Hotel.

Township developer, LBS Bina Group Berhad (LBS), has launched its newest township development, LBS Alam Perdana in Ijok, located in the Kuala Selangor district.  

Set to emulate the success of the developer’s flagship township in Bandar Saujana Putra, LBS Alam Perdana is well-positioned to meet the needs of today’s homebuyers who desire affordable homes in a secure and community-centric environment.

Leading Norwegian paint company, Jotun Paints (Malaysia) Sdn Bhd today inaugurated a new Powder Coating factory in Nilai, Negeri Sembilan. 

The major paint manufacturer represented in over 100 countries made an investment worth RM60mil in this new facility, demonstrating its confidence in the local economy while further anchoring its presence in Malaysia. 

Fusionex is leading a consortium to provide the e-services platform, powered by Big Data technologies, for the world’s first Digital Free Trade Zone (DFTZ) – a ground-breaking initiative jointly launched between the Malaysian Government and e-commerce marketplace titan, Alibaba. 

With DFTZ being the brainchild of the Malaysian government, key drivers and stakeholders include the Ministry of Finance (MOF), Malaysia Digital Economy Corporation (MDEC), Ministry of International Trade and Industry (MITI), the Ministry of Transport (MOT), Royal Malaysia Customs Department, Malaysia Airports Holdings Berhad, POS Malaysia, the Malaysia External Trade Development Corporation (MATRADE), SME Corp, etc.