The Industry4WRD policy is a national policy which aims to transform the manufacturing sector and related services within the period from 2018 to 2025. This policy consists of three visions in making Malaysia as:
The Ministry of International Trade and Industry (MITI) spearheaded the development of the Industry4WRD Policy since the middle of 2017 together with several primary ministries, namely the Ministry of Finance, Ministry of Multimedia and Communications, Ministry of Human Resources, Ministry of Education, and Ministry of Energy, Science, Technology, Environment and Climate Change, as well as agencies, industries and stakeholders.
The objectives of the Industry4WRD Policy are formulated based on three main foundations which are Attract (A) – Create (C) – Transform (T):
Fundamentally, five fields of primary enablers are highlighted, namely F.I.R.S.T:
This policy consists of 13 strategies and 38 action plans. One of the main programmes under this Policy is the Industry4WRD Readiness Assessment programme planned to assess the level of readiness of an organisation shifting towards the Industry 4.0. The main objectives of this programme are:
Four planned targets based on data in 2016:
The adoption of Industry 4.0 will assist the industry, especially the small and medium-sized enterprises (SME) in increasing efficiency and productivity to remain relevant and competitive at domestic and global levels. The Industry4WRD policy will encourage the development of Malaysian’s own product and services using innovative manufacturing capabilities based on technology.
Industry 4.0 Unit, Policy Sectoral Division,
Ministry of International Trade and Industry
Reference : https://www.miti.gov.my/industry4wrd
Date of Input: 30/06/2020 | Updated: 30/06/2020 | nazlina
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