The primary objective of this meeting was twofold: firstly, to confirm the minutes from SC Meeting 1/2024 and address any emerging issues and ensure follow-up on unresolved matters from the previous session. Secondly, a comprehensive presentation was delivered on the current status of the Industry4WRD Intervention Fund approval process by MIDA.
The presentation provided a detailed overview of the fund's approval journey, emphasizing key milestones achieved and challenges encountered along the way. Moreover, there was a discussion on a proposal to temporarily reopen the Industry4WRD Intervention Fund program.
Another crucial item on the agenda involved reviewing the current status of the agreement between MPC and MITI. This discussion focused on assessing progress made, addressing challenges encountered, and strategizing the way forward to ensure the agreement continues.
Additionally, the meeting included a thorough examination and discussion of the closure report for RA. It underwent scrutiny to verify achievement of all objectives, account for any deviations from the plan, and capture valuable lessons learned for future reference and improvement.
Attendees:
1)Ministry of International Trade and Industry (MITI)
2) Ministry of Economy (KE)
3)Ministry Entrepreneurship and Cooperative Development (MECD)
4)Ministry of Finance (MOF)
5)Ministry of Science, Technology & Innovation (MOSTI)
6)Malaysian Investment Development Authorities (MIDA)
7)Malaysia Productivity Corporation (MPC)
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