Selangor Directs Economic Transformation: Focus on Local Design
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The Selangor State Government is drafting a new strategy to change Malaysia's position in the global economy. The main focus of this initiative is to shift from merely being a manufacturing hub for foreign products to becoming a center for local design and engineering.
According to the Chief Minister of Selangor, this step is crucial to increase value-added in the country's industries. For a long time, many products manufactured in Malaysia have been designed by foreign companies. With this change, Malaysia aims to be known as a nation capable of creating its own technology and products at the international level.
This transformation involves collaboration between the state government, the private sector, and educational institutions. The main focus will be given to high-tech fields and innovation that require high technical skills from the local workforce. This effort is expected to attract more quality investments to Selangor.
In addition to boosting the economy, this initiative also aims to produce more talented local engineers and designers. By possessing its own expertise, Malaysia will no longer rely entirely on foreign technology to develop industrial products.
Overall, this move by Selangor is a strategic effort to empower the national economy. If successful, it will position Malaysia as a key player in the global supply chain based on the innovation and creativity of its own people.
Sources: The Edge Malaysia
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