This is the positive analysis and outlook of Mr Bernhard Schutte, the Chairman of TAPiO Management Advisory Sdn Bhd. He is currently one of the advisors to the East Coast Economic Region (ECER) Malaysia, to help bring in investors from Europe, especially from Germany and Bavaria.
East Coast Economic Region (ECER) teamed up with the Technical University of Munich (TUM) to create the Asia Centre of Excellence for Smart Technologies (ACES) to boost the development of Industry 4.0 through strategic industry-academia-government initiatives and partnerships.
The government through the East Coast Economic Region Development Council (ECERDC) will be establishing the first ASEAN Competency Centre at the Pahang Technology Park (PTP) as part of Malaysia´s strategy to accelerate its readiness for the Fourth Industrial Revolution (Industry 4.0).
Medical gloves manufacturers, furniture makers and businesses in the aerospace, automotive, bio-technologies, petrochemical and electrical sector will be participating in Industry 4.0 seminar lead by Malaysian Investment Development Authority (Mida)