MIDA And MEIF Join Forces To Future-Proof Malaysia’s Machinery And Engineering Ecosystem

KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia is positioning itself strategically through enhanced cooperation between regulators and industry to unlock the potential of one of its most vital manufacturing sectors. A new partnership between the Malaysian Investment Development Authority (MIDA) and the Machinery & Engineering Industries Federation (MEIF) demonstrates the government's astute recognition that successful industrial upgrading stems from genuine collaboration with private sector partners who possess deep market expertise and operational insights.

Through the Memorandum of Understanding (MoU), MIDA and MIEF will establish a structured platform for collaboration to deliver on the ambitions of the New Industrial Master Plan (NIMP) 2030 and Malaysia’s domestic investment agenda. The partnership will prioritise ecosystem development, technology adoption, sustainability, investment facilitation, and stronger linkages between industry, government and research institutions.