KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) and the Multimedia Development Corporation (MDeC) signed a MOU to formalise both parties’ understanding to strengthen collaboration in adopting best manufacturing practices through increasing the use of ICT to spur the digital economy of Malaysia. The MOU was signed on May 21, 2015 during the FMM ICT Conference 2015: Smart Manufacturing for SMEs. With the MOU, both FMM and MDeC would establish a work plan to facilitate knowledge exchange and business collaborations between manufacturers and ICT solution providers.
Datuk Phang Ah Tong, Deputy Chief Executive Office, Malaysian Investment Development Authority (MIDA) witnessed the signing ceremony.
In his keynote address, Datuk Phang Ah Tong encouraged companies to venture into innovation activities and adopt smart manufacturing processes with the aim to increase productivity and reduce-labor intensive manufacturing operations. He added that various incentives and funds have been put in place to support activities such as production of robotics and factory automation equipment and related modules.
Dr Neoh Vee Heng, FMM Council member in his opening remarks reminded manufacturers, especially the SMEs, that in keeping their business relevant and sustainable, they need to adopt ICT and automation practices in their manufacturing processes and they need to do it now, not later.
The ICT Conference, an annual event since 2010, was attended by over 200 participants from the manufacturing and services sectors. It featured an exhibition comprising automation and IT solutions providers such as Seagate, VMWare, Epicor software, Advantech and YNY Technology.
Ms Florance Gabriel
Federation of Malaysian Manufacturers (FMM)