PETALING JAYA: The electrical and electronics (E&E) industry is targetted to contribute RM120bil to gross domestic product (GDP) and generate RM495bil in export earnings by 2025.
Under the 12th Malaysia Plan (12MP), the E&E industry players will be encouraged to adopt advanced technologies and produce more sophisticated products, resulting in higher productivity and growth.
According to the 12MP document released by the Economic Planning Unit yesterday, the E&E industry needs to be repositioned by boosting investments in high-value activities such as design and development (D&D) and front-end manufacturing.
“In this regard, efforts will be focused on strengthening manufacturing ecosystems, promoting new technology adoption, uplifting the development of talent, as well as enhancing research and development and D&D activities,” it said. ― Bernama