The National Supply Chain Conference on Rail Projects organised by the Malaysian Investment Development Authority (MIDA) was held today at the Putra World Trade Centre (PWTC), Kuala Lumpur.
It attracted an overwhelming interest of more than 2,000 participants ranging from industry players as well as local authorities, business chambers and embassies.
There was a panel presentation which discussed the opportunities available in the supply chains of the infrastructure projects that are currently taking place in Malaysia.
The session, which was moderated by Mr Ibrahim Sani of Astro Awani, featured speakers from Suruhanjaya Pengangkutan Awam Darat (SPAD), Prasarana Malaysia Berhad (Prasarana), Mass Rapid Transit Corporation Sdn. Bhd. (MRT Corp), Malaysia Rail Link Sdn. Bhd. (MRL) and MyHSR Corporation Sdn. Bhd. (MyHSRCorp).
There were also 28 key exhibits mainly focusing on the development of the rail projects in Malaysia, including Keretapi Tanah Melayu Berhad (KTM) and other rail-related industry players.
During his welcome remarks, Dato’ Azman Mahmud, Chief Executive Officer of MIDA said, “Developing opportunities for SMEs to participate in the supply chains of the MNCs in Malaysia has been an on-going effort of MIDA.
Recognising that infrastructure development is an important catalyst to promote investments to spur the country’s economic growth, we are intensifying efforts to promote sustainable linkages between all stakeholders.
We want to encourage the transfer of advanced technology, increase of employment opportunities and talent development as well as sustain the growth of local industry players including SMEs in various related industry sectors.”
In addition to the integrated public transportation system in Greater Kuala Lumpur and the Klang Valley, the Government is currently developing other rail projects to connect different parts of the country.
For example, the High Speed Rail connecting Kuala Lumpur and East Jurong, Singapore; and the East Coast Rail Link between Port Klang to Tumpat, Kelantan will further grow the industrial clusters such as manufacturing facilities and services hubs along these railway corridors.
“Our work in ensuring a comprehensive ecosystem for Malaysia does not end here. MIDA has also embarked on a nationwide series to spur the development of industrial parks.
Our Industrial Park Forum is a response to meet the needs of new emerging industries, particularly in terms of internet connectivity, industry 4.0 elements, efficient management of park facilities, eco-waste management and adequate supply of utility requirements.
In the context of the rail industry, the Malaysia Rail Industry Corporation (MARIC), a group of 31 local rail industry companies, has come out with a proposal to set up a dedicated industrial park to streamline the rail industrial ecosystem.
We are following closely on the development of this proposal and stand ready to assist where necessary,” added the MIDA CEO.
In conjunction to the Supply Chain conference, MIDA is holding a 2-day Career Fair which gave job seekers the opportunity to attend open interviews.
The event was participated by 100 companies from a range of industries including the rail industry and offered 20,000 vacancies at different levels.
There was also an exchange of Memorandums of Understanding (MoUs) between MyHSR Corporation and various institutions of higher learning to embed rail-related curriculum in their programmes.
This exchange underscores the commitment and interest by all parties in churning out future-ready talents in tandem with the growth of this industry.
--Bernama
Bernama
Wed Apr 11 2018
There was a panel presentation which discussed the opportunities available in the supply chains of the infrastructure projects that are currently taking place in Malaysia.
Trump's Gaza plan for 'Riviera of the Middle East' triggers international condemnation
Countries from Russia, China, Spain, Ireland and the UK say they continue to support the two-state solution.
US Postal Service suspends inbound parcels from China, Hong Kong
Trump's crackdown on de minimis would make the products sold by the likes of Shein and Temu more expensive.
US plan to take over Gaza: Malaysia's stance on Palestine unchanged - PM
Datuk Seri Anwar Ibrahim says Malaysia's stance remains the same as that of other Islamic countries.
US freezes funding for security mission tackling Haiti's gangs
More than $13 million in US funding for an international security force helping fight armed gangs in Haiti has been frozen, the UN says.
Over 40,000 civil servants at high risk of mental health issues - Zaliha
A total of 44,901 civil servants were screened under Public Service Psychological Health Digital Profiling System, says Dr Zaliha Mustafa.
India's Modi takes 'holy dips' at Maha Kumbh, week after stampede killed dozens
Security personnel stood in the water nearby while thousands of people crowded the banks to watch the prime minister perform the rituals.
Philippine Congress endorses impeachment complaint against vice president
Vice President Sara Duterte would be the Philippines' second most senior official to face removal from office.
What is a sovereign wealth fund?
Sovereign wealth funds are investment vehicles owned by countries.
[COLUMNIST] Rising above Trump tariffs: How a resilient global economy outlasts US protectionism
The current alarm over Trumps tariff threats overlooks a key point: global markets are resilient and adaptable.
Khazanah reports RM5.1 billion operating profit for 2024
Khazanah records RM103.6 billion NAV in 2024, driven by strong domestic investments and strategic growth.
Washington, DC officials identify 66 of 67 victims of midair collision
Work continues by the US Army Corps of Engineers to remove the airplane wreckage from the Potomac River.
Government to further strengthen ASEAN's readiness in finalising DEFA
Malaysia is focusing on two main approaches to facilitate the DEFA negotiation, says Liew Chin Tong.
Trade war will not hinder Malaysia’s GDP growth for 2025 - Rafizi
The finance ministry has projected Malaysia's GDP to grow between 4.5 and 5.5 per cent in 2025.
Trump administration considers adding Shein, Temu to 'forced labor' list, Semafor reports
The move comes after China imposes targeted tariffs on US imports and warnings of possible sanctions against firms like Google.
Thailand to cut power to Myanmar border areas linked to scam centres
Evidence shows transnational crime syndicates in Myanmar's Tachileik, Myawaddy, Payathonzu, that are possible power cut targets.
Trump reimposes 'maximum pressure' on Iran, aims to drive oil exports to zero
Trump signs the presidential memorandum reimposing Washington's tough policy on Iran that was practiced throughout his first term.
FACTBOX: Trump proposes US takeover of Gaza
Here are some remarks that US President Donald Trump made and questions that he answered during a press conference.
Singapore passes law against foreign interference in race-based organisations
Under the Racial Harmony Bill, race-based groups must disclose foreign and anonymous donations, affiliations, and leadership.
Malaysia, Uzbekistan agree to elevate ties to strategic partnership
Malaysia and Uzbekistan noted active cooperation on key issues within international bodies, especially the UN and OIC.
Musk's dad says he arranged son's call with South African leader
Trump's post claiming South Africa is "confiscating land" and mistreating "certain classes" triggers sudden flurry of backdoor diplomacy.