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Exhibition News MPlas in a right setting
Twelve industries have been earmarked for development under Malaysia's Third Industrial Master Plan (IMP3) running through to 2020. These include electrical and electronics, medical devices and transport equipment in the non-resource-based sector and petrochemicals, rubber and food processing in the resource-based sector. These target industries are intrinsically linked with the plastics and rubber processing industries and the government's emphasis on building them auger well for future demand for advanced processing tools and solutions. The government's target is to achieve 5.6% average annual growth in the manufacturing sector and a 28.5% contribution to GDP in 2020. This will entail total investments in the manufacturing sector of RM27.5 billion annually. Strategic thrusts that will boost investment in the plastics and rubber industries include establishing fully equipped specialised high technology parks, encouraging MNCs to establish and expand operations in Malaysia, enhancing exports through compliance with international standards and encouraging industries to focus on core competencies and strengths within regional and global networks. This will be the right setting for a trade show that will be endorsed by Malaysia External Trade Development Corporation (MATRADE) and supported by the Malaysian Plastics Manufacturers Association (MPMA), Malaysian Rubber Products Manufacturers' Association (MRPMA) and Malaysian Rubber Export Promotion Council (MREPC). The four-day exhibition will bring together more than 200 leading international manufacturers and suppliers. Noteworthy is that some 25,000 visitors have visited MPlas since its debut in the year 2000. More information on the show can be found at www.mplas.com |
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