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At the working visit to Inari Technologies by YB Tengku Zafrul Tengku Abdul Aziz and joined by YB Liew Chin Tong, the Minister emphasised that the E&E manufacturers in the country continue to move up the value chain to produce higher value-added products, including intensification of R&D efforts. This conducive ecosystem will create a more technology-investor-friendly environment, stimulate economic growth, and enhance the long-term stability and prosperity of a country.
MITI and agencies will continue to support and work together with the industry players to increase utilisation of local companies in high-value-added activities as well as a global supply chain to create positive economic spill-overs, particularly in the transfer of technology and provision of jobs while expanding investments and increasing exports.