KUALA LUMPUR, Jan 16 (Bernama) -- Malaysia’s supply chain and logistics industry received a boost today as over 150 industry leaders convened for the “Future of Supply Chains: Optimising, Planning, and Automating for Success” forum, co-organised by the Malaysian Investment Development Authority (MIDA) and Ally Logistic Property (ALP).
The forum focused on digitalisation, automation, and sustainable practices in logistics, aiming to strengthen Malaysia’s position as a logistics hub amid global supply chain shifts.
In a statement joint statement with ALP today, MIDA deputy chief executive officer (investment development) Zalina Zainol said the government is committed to supporting the sector’s transformation through targeted incentives and initiatives.
“The country is well positioned to seize the opportunities created by global shifts in supply chains, but to fully capitalise on these opportunities, we must ensure that our infrastructure and logistics services are equipped to meet evolving demands.
“The government is assuming a proactive role to encourage innovation through the introduction of the income tax exemption for Smart Logistics Complex companies in Budget 2025, promoting the adoption of Industry 4.0 technologies in warehousing and logistics to drive smarter and more efficient operations,” she said.
Zalina added that at MIDA, the focus is on promoting innovation and sustainability, with initiatives like the Domestic Investment Accelerator Fund (DIAF) playing a key role in helping businesses, especially small and medium enterprises (SMEs), adopt smarter and more sustainable practices.
“We are also committed to supporting the digital transformation of Malaysian logistics companies, especially in areas like e-commerce and e-fulfilment.
“As of September 2024, MIDA has approved 111 Integrated Logistics Services (ILS) projects worth RM12.85 billion and granted International Integrated Logistics Services (IILS) status to 301 companies,” she said.
Meanwhile, the statement said the forum featured two key sessions, the first focusing on supply chain optimisation, with SPX Express and Ninja Van sharing strategies for improving workflows, inventory management, and last-mile delivery through digital transformation.
The second addresses automation, with insights from 7-Eleven Malaysia and Quicktron Singapore on robotics and software in logistics.
“Participants gained invaluable hands-on exposure to cutting-edge technologies and witnessed live demonstrations throughout the forum.
“The event served as a powerful platform for strategic partnership building during targeted networking sessions and offered comprehensive insights into government initiatives supporting automation and digitalisation,” the statement added.
-- BERNAMA