Monday, 21 June 2021

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XXXIX, No 9, 10/05/2021

Malaysia to match local companies to OEMS for rail development

Malaysia is hoping to increase local content in its rail industry by 45 percent by 2030. Launching the Rail Industry Development Programme (RIDP), a project under the Strategic Industries and High Performance SME Improvement Programme, Transport Minister Datuk Seri Dr Wee Ka Siong said that the Malaysian government would match foreign OEMs with local businesses to increase their capacity.

 

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