Miti to set up star rating for industrial parks next year - Liew

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KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA) are collaborating with SIRIM Bhd to set up a star rating system for industrial parks to ensure that every industrial park in Malaysia meets "acceptable standards," said MITI Deputy Minister Liew Chin Tong.

The portal's standout features include intelligent filtering systems for precise location matching; real-time analytics and data visualisation; comprehensive geospatial mapping; and a user-friendly interface for seamless navigation.

Soh also said that Malaysian small and medium enterprises (SMEs) need to level up their playing field by collaborating with advanced players like China, Japan, South Korea and some European Union to improve their efficiency, productivity and adoption of the latest technology to reduce the reliance of foreign workers while tapping into international markets.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaJapanSouth Korea

Topics: Rating Industrial park Economy /Business/Business News Miti

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 16:26:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 505 words

Reading Time: 3 minutes read

Sentences: 15 lines

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Copyright Owner: © The Star

News ID: 24350437

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