Southern Region¡¯s Best Precision Engineering Metal Working Technology Exhibition.
Despite a slow down in the economics of South East Asia, Malaysia, manufacturing is still important under the nine Malaysia plans. The government has earmarked an 18per cent rise in public development spending to RM200 billion from 2006 to 2010. Private investment grew 11.4 percent in the first quarter of 2006, exceeding the 11.2 percent per annual target set under the government development plan for 2006-2010.
MFG/ IA Launched in 2003, proven to be the southern region international platform for vast showcase of the latest machine tools and precision engineering product and technologies to manufacturers across the Asian countries.
The increasing mechanization of manufacturing sector has spawned investment opportunities in the machinery & equipment, specifically designed for use in a particular industry or process. Industries targeted include food and beverage, woodworking, pulp and paper, agriculture, automotive, medical, biotechnology, oil and gas processing, petrochemicals, pharmaceuticals, printing, semiconductor, construction etc¡, Malaysia has established a good network of engineering supporting industries capable of meeting the needs of machinery and equipment industry in supplying parts and components and provision of engineering services. The engineering supporting industries encompass mould & die, machinery, metal stamping, metal casting surface treatment/ finishing heat treatment and fabrication.
As manufacturing industries continue to expand and upgrade, more opportunities sprout for suppliers and manufacturers, to penetrate the market and reap its many records which is simply boundless.
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