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NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum...

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KUALA LUMPUR, Feb 6 (Bernama) -- The first outcome of the National Automotive Policy 2014 (NAP 2014) can be seen in two months with the issuing of a manufacturing licence to a major car maker manufacturing Energy Efficient Vehicles (EEVs) for the regional market, International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said. NAP Impact To Be Seen in Two Months The licence is one of three targeted to be issued by year-end under the NAP 2014. “This is in line with the government’s aspiration to become an EEV hub in the region, along with increasing our automotive exports,” Mustapa said at the launching of the NAP 2014 Roadmaps. Providing guidelines to industry stakeholders, Mustapa said the six roadmaps would ensure effective implementation of the measures outlined in the NAP 2014. “These roadmaps will enhance the capability and competitiveness of the local automotive industry,” he said. The roadmaps launched were: 1. Malaysia Automotive Technology Roadmap (MATR); BERNAMA, February 7, 2014 2. Malaysia Automotive Supply Chain Development Roadmap (MASR); 3. Malaysia Automotive Human Capital Development Roadmap (MAHR); 4. Malaysia Automotive Remanufacturing Roadmap (MARR); 5. Malaysia Automotive Bumiputera Development Roadmap (MABR); and 6. Development of Automotive Authorised Treatment Facilities (ATF) Framework. All the roadmaps will be under the supervision of MITI, with the Malaysia Automotive Institute (MAI) as the agency to coordinate, implement and monitor programmes outlined under these roadmaps. During the launch the Minister also witnessed the exchange of a Memorandum of Understanding (MoU) among MAI, Arca Corporation Sdn Bhd, AutoCRC Ltd and Swinburne University of Technology. The cooperation would see the research, development, commercialisation and manufacture of electric buses, lithium ion batteries and Public Transportation Information System (PTIS) for fleet management. The MoU, an extension to the existing cooperation under the Malaysia Australia Free Trade Agreement (MAFTA), would see investment in excess of RM200 million. Arca Corporation executive chairman Datuk Che Azizuddin Che Ismail said the electric bus prototype is expected to be completed in the first quarter of next year, with commercialisation taking another year. The electric bus system would be first implemented in Putrajaya and Langkawi before expanding to Greater KL and other parts of the region, Che Azizuddin said. No. ISSN: 2180-0448 MITI Weekly Bulletin/ www.miti.gov.my DRIVING Transformation, POWERING Growth”
Transcript
Page 1: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

KUALA LUMPUR, Feb 6 (Bernama) -- The first outcome of the National Automotive Policy 2014 (NAP 2014) can be seen in two months with the issuing of a manufacturing licence to a major car maker manufacturing Energy Efficient Vehicles (EEVs) for the regional market, International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said.

NAP Impact To Be Seen in Two Months

The licence is one of three targeted to be issued by year-end under the NAP 2014.

“This is in line with the government’s aspiration to become an EEV hub in the region, along with increasing our automotive exports,” Mustapa said at the launching of the NAP 2014 Roadmaps.

Providing guidelines to industry stakeholders, Mustapa said the six roadmaps would ensure effective implementation of the measures outlined in the NAP 2014.

“These roadmaps will enhance the capability and competitiveness of the local automotive industry,” he said.

The roadmaps launched were:

1. Malaysia Automotive Technology Roadmap (MATR);

BERNAMA, February 7, 2014

2. Malaysia Automotive Supply Chain Development Roadmap (MASR);

3. Malaysia Automotive Human Capital Development Roadmap (MAHR);

4. Malaysia Automotive Remanufacturing Roadmap (MARR);

5. Malaysia Automotive Bumiputera Development Roadmap (MABR); and

6. Development of Automotive Authorised Treatment Facilities (ATF) Framework.

All the roadmaps will be under the supervision of MITI, with the Malaysia Automotive Institute (MAI) as the agency to coordinate, implement and monitor programmes outlined under these roadmaps.

During the launch the Minister also witnessed the exchange of a Memorandum of Understanding (MoU) among MAI, Arca Corporation Sdn Bhd, AutoCRC Ltd and Swinburne University of Technology.

The cooperation would see the research, development, commercialisation and manufacture of electric buses, lithium ion batteries and Public Transportation Information System (PTIS) for fleet management.

The MoU, an extension to the existing cooperation under the Malaysia Australia Free Trade Agreement (MAFTA), would see investment in excess of RM200 million.

Arca Corporation executive chairman Datuk Che Azizuddin Che Ismail said the electric bus prototype is expected to be completed in the first quarter of next year, with commercialisation taking another year.

The electric bus system would be first implemented in Putrajaya and Langkawi before expanding to Greater KL and other parts of the region, Che Azizuddin said.

No. ISSN: 2180-0448

MITI Weekly Bulletin/ www.miti.gov.my

“DR

IVIN

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ransformation, P

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G G

rowth”

Page 2: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Trade Performance, 2013MALAYSIA

40

45

50

55

60

65

40

45

50

55

60

65

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

RM billionRM billion

Exports

Imports

Trade Balance

2012 2013

December 2013Exports: RM65.7 billionImports: RM56.3 billion

Trade Balance: RM9.4 billion

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Total TradeRM1.37t

4.6%*

ExportsRM719.81b

2.4%*

ImportsRM649.19b

7.0%*

Trade Performance, January 2012 - December 2013

Source : Department of Statistics, Malaysia

Note: * year on year growth ** compound annual growth rate (CAGR) for a year 2004 to 2013

MITI Weekly Bulletin/www.miti.gov.my

“DR

IVIN

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ransformation, P

OW

ERIN

G G

rowth”

Page 3: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Top Five Trading Partners, 2013

1. PRCRM203.23b

2. SingaporeRM180.67b

3. JapanRM136.11b4. USA

RM109.03b

5. ThailandRM78.61b

These top five trading partners contributed 51.7% to Malaysia’s total trade

E&E: RM236.8b

Refined PetroleumRM65.4b

Major Export Products, 2013

LNG: RM59.2b

Chemicals & ChemicalRM47.7b

Palm Oil: RM45.9b

Major Import Products, 2013

E&E: RM179.6b

Refined PetroleumRM71.8b

Chemicals & ChemicalRM55.9b

Machinery, Appliances & Parts: RM54.6b

Transport equipmentRM42.4b

Source : Department of Statistics, Malaysia

MITI Weekly Bulletin/ www.miti.gov.my

“DR

IVIN

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ransformation, P

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ERIN

G G

rowth”

Page 4: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Source : Department of Statistics, Malaysia

SINGAPORE49.8%

THAILAND19.8%

INDONESIA16.4%

VIET NAM6.6% PHILIPPINES

4.6%BRUNEI

1.3% MYANMAR1.1%

CAMBODIA0.4%

LAO PDR0.0%

RM201.8 Billion

Export to ASEAN Countries, 2013

Import from ASEAN Countries, 2013

SINGAPORE46.4%

THAILAND22.4%

INDONESIA16.2%

VIET NAM11.0%

PHILIPPINES2.7%

BRUNEI0.6% MYANMAR

0.4%CAMBODIA

0.4%

LAO PDR0.0%

RM172.9 Billion

Top 3 Export Products, 2013

Refined Petroleum Products RM43.1b (21.3%)*

1

2

3

E & E Products RM57.6b (28.5%)*

Chemicals 7 Chemical RM16.7b (8.3%)*

Refined Petroleum Products RM41.7b (24.1%)*

1

2

3

E & E Products RM38.3b (22.1%)*Chemicals & Chemical RM15.0b (8.7%)*

Top 3 Import Products, 2013

Note: * % share to total ASEAN export/import

MITI Weekly Bulletin/www.miti.gov.my

“DR

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ransformation, P

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rowth”

Page 5: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Note: HS code 6205 - Men’s or boys’ shirt

Export of Men’s Apparel, 2008 - 2013

Top 3 Export Destinations, 2013USA RM343.4 mil.1

2

3Germany RM34.1 mil.Singapore RM32.1 mil.

Import of Men’s Apparel, 2008 - 2013

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013

RM m

illio

n

PRC RM47.4 mil.12

3Cambodia RM11.6 mil.Indonesia RM11.1 mil.

Top 3 Import Sources, 2013

400

420

440

460

480

500

520

540

560

2008 2009 2010 2011 2012 2013

RM m

illio

n

Source : Department of Statistics, Malaysia

MITI Weekly Bulletin/www.miti.gov.my

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

Page 6: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

US Economic Indicators, 2013

Inflation Rate 1.5% (Dec)1.2% (Nov)

Unemployment Rate

6.7% (Dec)7.0% (Nov)

Producer Price Index Growth

0.4% (Dec)-0.1% (Nov)

GDP Growth(Advance estimated)

3.2% (q-o-q)1.9% (y-o-y)

Singapore Investment Performance 2013 and Outlook 2014

Fixed Asset Investment

• 2013: S$12.1 billion• 2014: S$10.0 – 20.0 billion

Total Business Expenditure

• 2013: S$7.8 billion• 2014: S$6.0 – 7.5 billion

Expected Value Added per annum

• 2013: S$16.7 billion• 2014: S$11.5 – 13.5 billion

No. of Skilled Jobs Created

• 2013: 21,400• 2014: 14,000 – 16,000

Total Business Expenditure

• 2013: S$7.8 billion• 2014: S$6.0 – 7.5 billion

Expected Value Added per annum

• 2013: S$16.7 billion• 2014: S$11.5 – 13.5 billion

Source: U.S. Bureau of Economic Analysis

Source: Economic Development Board, Singapore

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin/www.miti.gov.my

Page 7: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Source : Bank Negara, Malaysia

2-Jan

3-Jan

4-Jan

5-Jan

6-Jan

7-Jan

8-Jan

9-Jan

10-Ja

n11

-Jan

12-Ja

n13

-Jan

14-Ja

n15

-Jan

16-Ja

n17

-Jan

18-Ja

n19

-Jan

20-Ja

n21

-Jan

22-Ja

n23

-Jan

24-Ja

n25

-Jan

26-Ja

n27

-Jan

28-Ja

n29

-Jan

30-Ja

n31

-Jan

1-Feb

2-Feb

3-Feb

4-Feb

Malaysian Ringgit Exchange Rate with US Dollar and EURO, 2 January - 4 February 2014

EUR1 = RM4.51

USD1 = RM3.34

0

5000

10000

15000

20000

Jan 13 Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14

Aluminum Copper Nickel

US$14,101

US$7,291

US$1,727

18

20

22

24

26

28

30

35

36

37

38

39

40

41

42

43

22 nov 29 nov 6 dec 13 dec 20 dec 27 dec 3 jan 10 jan 17 jan 24 jan 30 jan 7 feb

gold/usd/grammesilver /usd/oz

Source : http://www.gold.org/investments/statistics/gold_price_chart/

Aluminium, Nickel, Copper Prices, 2013 - January 2014

US$/gramme US$/oz

Gold and Silver Prices, 22 November - 7 February 2014 “DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin/ www.miti.gov.my

Page 8: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Source: Ministry of International Trade and Industry, Malaysia

Number and Value of Preferential Certificates of Origin (PCO’s)

AANZFTA AIFTA AJCEP ATIGA ACFTA AKFTA

1 Dec 2013 1,557 533 274 7,283 1,966 772

8 Dec 2013 790 385 265 5,066 1,484 886

15 Dec 2013 579 439 184 4,230 1,250 778

22 Dec 2013 632 748 266 4,680 1,371 804

29 Dec 2013 772 438 185 3,572 1,304 679

5 Jan 2014 762 326 218 3.738 1,205 395

12 J n 2014 1,075 345 224 4,639 1,367 897

19 Jan 2014 507 456 613 2,062 1,688 613

Number of CertificatesValue of Preferential Certificates of Origin

AJCEP: ASEAN-Japan Comprehensive Economic Partnership (Implemented since 1 February 2009)

ACFTA: ASEAN-China Free Trade Agreement (Implemented since 1 July 2003) AKFTA: ASEAN-Korea Free Trade Agreement (Implemented since 1 July 2006)

AANZFTA: ASEAN-Australia-New Zealand Free Trade Agreement (Implemented since 1 January 2010)AIFTA: ASEAN-India Free Trade Agreement (Implemented since 1 January 2010)

ATIGA: ASEAN Trade in Goods Agreement (Implemented since 1 May 2010)

1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5 Jan 12 Jan 19 JanAANZFTA 73 55 39 53 62 62 95 49AIFTA 140 385 100 231 77 80 79 91AJCEP 93 70 71 112 47 82 84 33

050

100150200250300350400450

RM

mill

ion

1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5 Jan 12 Jan 19 JanATIGA 740 669 649 730 481 598 905 2,062ACFTA 810 1,135 782 984 743 2,125 1,321 1,688AKFTA 149 1,214 271 135 124 1,355 531 96

0

400

800

1,200

1,600

2,000

2,400

RM

mil

iio

n

Value of Preferential Certificates of Origin

Number of Certificates

MICECA: Malaysia-India Comprehensive Economic Cooperation Agreement (Implemented since 1 July 2011) MNZFTA: Malaysia-New Zealand Free Trade Agreement (Implemented since 1 August 2010)MCFTA: Malaysia-Chile Free Trade Agreement (Implemented since 25 February 2012)

1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5 Jan 12 Jan 19 JanMJEPA 133 160 130 81 98 132 153 115MPCEPA 73 42 10 42 11 35 69 24GSP 496 516 428 350 287 153 31 18

0

200

400

600

800

RM

mil

lio

n

MJEPA MPCEPA GSP

1 Dec 2013 1,395 193 5,246

8 Dec 2013 845 120 3,591

15 Dec 2013 762 81 2,787

22 Dec 2013 605 160 2,715

29 Dec 2013 674 140 2,599

5 Jan 2014 697 121 1,140

12 Jan 2014 901 175 110

19 Jan 2014 830 109 89

Number of Certificates

Notes: The preference giving countries under the GSP scheme are members of the European Union, Norway, Switzerland, Belarus, the Russian Federation and Turkey. MJEPA: Malaysia-Japan Economic Partnership

Agreement (Implemented since 13 July 2006) MPCEPA: Malaysia-Pakistan Closer Economic Partnership Agreement (Implemented since 1 January 2008)

Value of Preferential Certificates of Origin

Value of Preferential Certificates of Origin

1 Dec 8 Dec 15 Dec 22 Dec 29 Dec 5 Jan 12 Jan 19 JanMICECA 19.24 24.19 39.35 24.98 38.28 18.21 58.08 45.91MNZFTA 0.17 0.10 0.10 0.07 0.15 0.03 0.63 0.14MCFTA 8.56 9.31 9.74 5.39 6.04 5.13 7.64 4.45MAFTA 37.85 29.56 17.03 60.77 31.12 39.29 36.56 13.28

0

10

20

30

40

50

60

70

RM m

illio

n

MAFTA: Malaysia-Australia Free Trade Agreement (Implemented since 1 January 2013)

MICECA MNZFTA MCFTA MAFTA

1 Dec 2013 169 12 102 4278 Dec 2013 208 4 66 362

15 Dec 2013 182 7 78 25122 Dec 2013 210 5 43 26229 Dec 2013 220 9 46 3695 Jan 2014 213 5 33 356

12 Jan 2014 244 16 46 36419 Jan 2014 181 4 46 364

MITI Weekly Bulletin | www.miti.gov.my

“DR

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ransformation, P

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G G

rowth”

MITI Weekly Bulletin | www.miti.gov.my

Page 9: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Commodity 7 Feb 2014 (US$)

% Change* 2013i 2012i 2011i

Crude Petroleum (per bbl) 97.6 1.0 88.1-108.6 77.7-109.5 80.3-112.7

Crude Palm Oil (per MT) 860.5 0.6 805.5 1,000.4 1,124.0

Raw Sugar (per MT) 346.5 7.3 361.6 473.8 647.0

Rubber SMR 20 (per MT) 1,864.0 3.5 2,390.8 952.5 1,348.3

Cocoa SMC (per MT) 2,658.0 0.3 1,933.1 2,128.9 2,644.8

Srap Iron HMS (per MT) 395.0 (High) 385.0 (Low)

unchangedunchanged 485.6 444.7 491.0

Weekly Commodity Prices

Notes: All figures have been rounded to the nearest decimal point * Refer to % change from the previous week’s price i Average price in the year except otherwise indicated

Highest & Lowest Prices, 2013/2014

Crude Petroleum (7 Feb 2014)

US$97.6 per bblCrude Palm Oil

(7 Feb 2014)US$860.5 per MT

Lowest (US$ per bbl)

10 Jan 2014: 92.319 Apr 2013: 88.1

Highest(US$ per bbl)

7 Feb 2014: 97.6 6 Sep 2013: 110.2

Highest(US$ per MT)

3 Jan 2014: 895.0 15 Nov 2013: 925.0

Lowest (US$ per MT)

30 Jan 2014: 855.0 4 Jan 2013: 800.0

30 Jan 2014 domestic prices for :1.Billets (per MT) : RM1,700 – RM1,750 2.Steel bars (per MT) : RM2,100 - RM2,250

Commodity Price Trends, 22 November 2013 - 7 February 2014

22 Nov 29 Nov 6 Dec 13 Dec 20 Dec 27 Dec 3 Jan 10 Jan 17 Jan 24 Jan 30 Jan 7 Feb

Crude Petroleum/bbl 93.6 92.3 97.4 97.5 99.2 99.4 94.2 92.3 94.2 97.3 96.7 97.6

SMR 20/MT 2319.0 2303.5 2331.0 2359.5 2324.5 2,316.0 2,238.0 2,204.0 2,197.0 2,147.0 1,932.0 1,864.0

Cocoa SMC 2/MT 2,460 2,435 2,444 2,427 2,392 2,532.3 2,411.3 2,466.6 2,490.5 2,490.5 2,649.6 2,658.0

Crude Palm Oil/MT 917.5 915.0 915.0 924.5 897.0 897.0 895.0 876.9 858.5 856.5 855.0 860.5

Scrap Iron/MT 370.0 400.0 400.0 400.0 400.0 400.0 415.0 415.0 410.0 410.0 410.0 395.0

Raw Sugar/MT 373.3 367.8 352.3 357.5 352.3 352.8 351.5 342.5 332.5 323.8 323.0 346.5

Iron Ore/MT 170.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 170.0 160.0 160.0

Crude Petroleum

Crude Palm Oil

SMR 20

Cocoa SMC 2

Scrap Iron

Raw Sugar

0.0

500.0

1000.0

1500.0

2000.0

2500.0

3000.0

88.0

90.0

92.0

94.0

96.0

98.0

100.0

102.0

US

$/

MTU

S$

/b

bl

Iron Ore

Source : Ministry of International Trade and Industry Malaysia, Malaysian Palm Oil Board, Malaysian Rubber Board, Malaysian Cocoa Board, Malaysian Iron and Steel Industry Federation, Bloomberg and Czarnikow Group

“DR

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ransformation, P

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rowth”

MITI Weekly Bulletin/www.miti.gov.my

Page 10: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Launching of National Automotive Policy (2014) Roadmaps To ensure that the measures outlined in the NAP 2014 are effectively implemented; several roadmaps for the development of domestic automotive industry have drawn up.

These roadmaps will provide guidelines to industry stakeholders. The roadmaps include:

i. Malaysia Automotive Technology Roadmap (MATR)

The MATR details out the latest green technology trends and outlook. The roadmap also includes the rationalization guidelines for the automotive industry tax structure.

ii. Malaysia Automotive Supply Chain Development Roadmap (MASR)

The Supply Chain Development Roadmap aims to continuously enhance the operational effectiveness and efficiency of the components and spare parts manufacturers. The roadmap consists of measures to improve quality management systems, operation and business managements well as to enhance capability in product testing and validation.

iii. Malaysia Automotive Human Capital Development Roadmap (MAHR)

The Human Capital Development Roadmap outlines a plan for developing competent and adequate workforce at all levels within the automotive industry. This roadmap also focuses on improving the quality of existing programme for technicians and operators at the local training institutions. This roadmap also includes plans to develop specific local skilled manpower in product automation and manufacturing of hybrid components, engine and transmissions systems.

iv. Malaysia Automotive Remanufacturing Roadmap (MARR)

The Remanufacturing roadmap outlines detailed criteria of remanufacturing, standards and best practices to be adopted by the automotive players to make Malaysia as the centre of automotive remanufacturing in ASEAN. The roadmap also provides guidelines to optimize recyclability and recoverability levels of used components.

v. Malaysia Automotive Bumiputera Development Roadmap (MABR)

The roadmap focuses on activities related to development of technology, human capital and supply chain to enhance the competitiveness of the Bumiputera companies in the domestic automotive industry. This initiative is in line with the Government’s efforts to create globally competitive Bumiputera entrepreneurs.

vi. Development of Automotive Authorized Treatment Facilities (ATF) Framework

The ATF framework serves as a guideline to transform the automotive after-market businesses in the effort to develop a complete automotive industry that is sustainable.

These roadmaps will be under the supervision of the Ministry of International Trade and Industry (MITI) and the Malaysia Automotive Institute (MAI) will coordinate and implement programmes as outlined.

Exchange of the Memorandum of Understanding on manufacturing of Electric Bus and Lithium Ion Battery.

At an official ceremony held today after the launch of the National Automotive Policy 2014 Roadmaps, Malaysia Automotive Institute (MAI), ARCA Corporation Sdn Bhd, AutoCRC Ltd and Swinburne University of Technology exchanged the Memorandum of Understanding (MoU) on the development and manufacturing of Electric Bus, Lithium Ion Battery and Public Transportation Information System (PTIS).

The MoU is an extension to the existing cooperation between Malaysia and Australia under the Malaysia Australia Free Trade Agreement (MAFTA). This cooperation will see the research, development and commercialisation in 3 major areas.

i. Lithium Ion Battery systems for electric vehicles;Phase I : Development of Advanced Electrode and

Electrolytes for Lithium Batteries. Phase II : Battery Charge, Mechanical and Thermal

Management System Development. Phase III : Lithium Ion Battery Module Packaging and

Testing. Phase IV : Commercialization and production ready

battery manufacturing process and equipment.

Phase V : Next Generation Battery Technology Roadmap.

Phase VI : Next Generation Battery Research and Development.

ii. Electric Bus – Development of modular EV driveline systems for bus application;

Phase I : E-Bus driveline demonstrator - Integration of electric drivetrain, lithium battery and control systems

Phase II : Subsystem and supplier development of E-Bus driveline.

Phase III : Business model development for manufacturing readiness.

iii. Public Transportation Information System (PTIS) suitable for fleet management.

It is anticipated that the total investment by collaborators in commercialising this next generation transport technology will be in excess of RM 120million over 4 years, with commercial release of products beginning in Q2 2014.

This is a strategic and adaptive engagement and technology development programme involving government and private sectors in Malaysia and Australia. It serves as a platform to expedite investment into the country toward supporting Malaysia’s automotive technology roadmap, specifically in electric vehicle development.

Source: Ministry of International Trade and Industry, Malaysia MITI Weekly Bulletin/ www.miti.gov.my

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Page 11: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

What Investors Say

Since its inception in 1997, BASF PETRONAS Chemicals Sdn Bhd has achieved many milestones along the way. With a total investment of RM3.4 billion, the company considers Malaysia as an important and strategic location to forge a business investment in the Asian region.

BASF Petronas Chemicals Bhd.

Through a 60:40 joint venture between BASF Aktiengesellschaft of Germany and Petroliam Nasional Berhad (PETRONAS) of Malaysia, the company operates an Integrated Chemical Site located at the Gebeng Industrial Area, Kuantan, Pahang with a corporate office in Subang Jaya, Selangor. The location in Gebeng offers accessibility to raw materials which are

derivatives from PETRONAS’ gas fields in the South China Sea. As an export oriented company, BASF PETRONAS Chemicals enjoys easy access via the Kuantan Port, from where 80% of its products are exported to customers in the Asia Pacific region.

The 150 hectares Integrated Chemical Site including the port tank farm currently comprises of 12 plants built in 3 complexes as follows:

• Acrylics Complex in operations since year 2000 ;

• Oxo/Syngas Complex in operations since year 2001 ; and

• Butanediol Complex in operations since the end of 2003.

Source : Malaysian Investment Development Authority

BASF Petronas Chemicals Sdn Bhd (451307-K)

No 2, Jalan Astaka U8/87 Bukit Jelutong

Seksyen U8 40150 Shah Alam

Selangor. Tel: +603 7841 2200 Fax: +603 7846 6624

MITI Weekly Bulletin/ www.miti.gov.my

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Page 12: NAP Impact To Be Seen in Two Months · Major Import Products, 2013 E&E: RM179.6b Refined Petroleum RM71.8b Chemicals & Chemical RM55.9b Machinery, Appliances & Parts: RM54.6b Transport

Ministry of the International Trade and Industry (MITI) has announced the appointment of Datuk Azman Mahmud as the the new Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) effective February 10, 2014.

Azman, who is now the Deputy CEO I of MIDA, succeeds Datuk Noharuddin Nordin, who officially retires on the same day after an illustrious career in the civil service.

An engineering graduate from Universiti Putra Malaysia (formerly known as Universiti Pertanian Malaysia), Azman started his career with MIDA in 1989. Azman, who has served at MIDA’s offices in the USA and Japan, has led various investment missions to promote investments in Malaysia and has extensive knowledge of the country’s manufacturing and services sectors.

Currently, he is also the Chairman of the Tax Exemption Committee; the Disbursement of Grants Coordination Committee; the Co-Chair of Malaysia-Singapore Industrial Working Committee; and the main committee member for the National Committee on Investment.

Sadiah Binti Ag Nasrudin088 – 239061

[email protected]

Mat Zaini Bin Mohd Zain088 - 239061

[email protected]

Teresa Clement Jilian088 – 239061

[email protected]

Administrative AssistantsMITI Sabah

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Comments & Suggestions

New MIDA CEO

“DR

IVIN

G T

ransformation, P

OW

ERIN

G G

rowth”

MITI Weekly Bulletin/www.miti.gov.my


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