Based on the findings by the Department of Statistics, Malaysia has more than 2,000 established companies involved in the food processing industry with the majority of them are Small & Medium Enterprises (SMEs), this sector account for about 10% of Malaysia’s manufacturing output. The processed food contributed around RM 21.76 billion and are exported to more than 200 countries in 2019.
The demand for machinery and equipment for the F&B industry is growing with the consumers looking for higher standards and better quality in meeting the requirement of increasing export these days. This is supported by Malaysia status as a market leader for the HALAL food industry worldwide.
Malaysia is one of the largest plastic producer in Asia with over 1,550 manufacturers, employing approximately 99,100 workers in the industry. The plastic related industry is one of the most dynamic and vibrant growth sectors in Malaysia’s manufacturing sector.
Malaysia government is committed to transforming the country into a global green tech hub by 2020 under the National Green Technology Policy (NGTP), energy efficient LED-lighting is highly encourage to be adopted wisely. Moreover, digital advertising with eco-friendly particularly the adaption of LED-signage has seen a sharp growth in recent years.
MIMF is the platform to further develop the nation’s manufacturing sector, allowing industry players to keep track of today’s competitive environment and enhancing Made in Malaysia brand among the global market.