Attention fellow entrepreneurs! Whether you’re looking to start a new business or expand your startup, the New Industrial Master Plan 2030 (NIMP 2030) is all set to bring your business to new heights! In case you haven’t heard, NIMP 2030 is an industrial policy for the manufacturing and manufacturing-related services sector.
Launched by YAB Prime Minister and the Ministry of Investment, Trade and Industry (MITI), this policy is a holistic and multifaceted strategy that aims to drive Malaysia’s industrial demand in seven years. Four interlinked missions have been outlined to meet the targets and goals of NIMP 2030. Let’s explore these missions in-depth and find out how Malaysians can benefit from the industrial policy! Mission 1: Advance Economic Complexity Moving beyond traditional models, NIMP 2030 aims to revolutionise manufacturing and drive innovation in this dynamic industry. This fosters the production of sophisticated goods, enhancing Malaysia’s competitiveness in the global marke
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