Malaysia’s Digital and Semiconductor Ambitions – OpenGov Asia
semiconductor

Malaysia’s Digital and Semiconductor Ambitions – OpenGov Asia

Malaysia is accelerating its ambitions to become a major player in the global digital economy and semiconductor industry through two significant initiatives: the integration of the Penang STEM Talent Blueprint into the National Semiconductor Strategy (NSS) and the establishment of the Advanced Technology Equipment Cluster (ATEC). These efforts underscore the nation’s commitment to fostering technological innovation and addressing critical industry challenges.

Malaysia’s Digital and Semiconductor Ambitions – OpenGov Asia
Image credits, BERNAMA

Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz announced that the newly launched Penang STEM Talent Blueprint will be integrated into Malaysia’s National Semiconductor Strategy (NSS). This strategic move is designed to reinforce Malaysia’s position as a leading global hub for semiconductor manufacturing and services.

The Penang STEM Talent Blueprint, introduced at the Tech Dome Penang, aims to tackle the growing need for skilled professionals in the semiconductor and related high-tech industries. It aims to double STEM enrollments in secondary schools, boost university STEM outputs, expand TVET in STEM fields, and increase female participation. The blueprint’s key goal is to train 60,000 skilled engineers by 2030.

This initiative is aligned with Malaysia’s New Industrial Master Plan 2030 (NIMP 2030) and the Green Investment Strategy (GIS). By addressing the global talent shortage and enhancing the country’s capabilities, Malaysia aims to maintain its competitive edge as the sixth largest semiconductor exporter worldwide.

The integration of the Penang STEM Blueprint into the NSS reflects a comprehensive approach to developing a robust talent pipeline, crucial for supporting the rapid evolution of the industrial landscape.

Earlier, Datuk Seri Dr Zambry Abdul Kadir, Malaysia’s Minister of Higher Education, highlighted the need for a collaborative approach to promoting STEM subjects. He stressed that engaging students in STEM involves not just the Education Ministry, but also higher education institutions, industry partners, and government bodies.

Image credits, BERNAMA, Chief Minister’s Office

In a related development, Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong, emphasised the need for Malaysian equipment manufacturers to expand their focus beyond the semiconductor sector. During the launch of the Advanced Technology Equipment Cluster (ATEC), Liew urged the industry to leverage its technological expertise to benefit other sectors, including agriculture, construction, and automation.

The ATEC, launched under the Malaysia Semiconductor Industry Association, aims to foster horizontal linkages within the semiconductor industry. Liew highlighted the potential for semiconductor technologies to be applied to diverse fields, such as precision agriculture, which can enhance Malaysia’s food security and environmental sustainability.

By innovating solutions that address national and regional challenges, Malaysia can position itself alongside technology powerhouses like South Korea, Taiwan, and China.

The establishment of ATEC also aims to accelerate the localisation of advanced technology equipment. This initiative is expected to provide Malaysian equipment manufacturers with opportunities to engage with multinational companies (MNCs) relocating to the country.

The Malaysia Investment Development Authority (MIDA) will gain access to an expanded list of domestic equipment manufacturers, aiding in the broader adoption of equipment purchases by multinational companies (MNCs).

Both the Penang STEM Talent Blueprint and ATEC reflect Malaysia’s strategic vision to strengthen its digital economy and semiconductor sector. By integrating STEM education with national industry strategies and expanding technological applications across various sectors, Malaysia is poised to enhance its global competitiveness. These initiatives not only address immediate industry needs but also lay the groundwork for sustained innovation and economic growth.

As Malaysia advances towards its goals, the focus remains on building a skilled workforce and fostering technological innovation. The combined efforts of the Penang STEM Blueprint and ATEC illustrate a comprehensive approach to achieving these objectives, reinforcing Malaysia’s position as a leading player in the global technology arena and paving the way for future economic success.

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