Robust Productivity Initiatives Equip Malaysia To Face Industry 4.0 - MPC

Last update: 12/09/2017

PUTRAJAYA, Sept 12 (Bernama) -- Robust productivity initiatives will equip Malaysians to face Industry 4.0, said Malaysia Productivity Corporation (MPC) Chairman, Tan Sri Azman Hashim.

He said Malaysia's Gross Domestic Product (GDP) growth which was driven by labour productivity of 3.5 per cent in 2016, indicated economic growth is gradually moving away from being labor intensive, towards the digital and technology-driven factors.

"This is the intended pattern for a productivity-driven economy, whereby productivity is the key factor to breach frontiers towards Industry 4.0. Productivity initiatives will equip our citizens to face a new era of industrialisation," he said at the opening of the International Forum on Productivity here today.

To further accelerate and sustain the country's productivity, Azman said dynamic and purposeful strategies must be employed to monitor and evaluate the progress of various productivity-linked initiatives across ministries, agencies and industry players.

"Productivity initiatives have to evolve into a day-to-day consciousness and culture to achieve the desired results."

"This calls for the importance of greater collaboration among various stakeholders to achieve the common objective of higher productivity for an improvement in the well-being of our citizens," he added.....