JETCO and MIDA Collaborate In Electronics Supplier Summit

Forging innovation and a world-class ecosystem in Johor

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On 13th November 2024, the Malaysia Electronics Supplier Summit was held at the Renaissance Johor Bahru Hotel, thanks to the efforts of the Johor Economic, Tourism, and Cultural Office (JETCO), the Malaysian Investment Development Authority (MIDA), Invest Johor, and renowned industry partner Philip Morris (Malaysia) Sdn. Bhd., the Malaysian branch of Philip Morris International.

With the backing of the Johor State Government and business partners KPMG Malaysia, OCBC Bank Malaysia, EcoWorld, and ZiLin Properties, this summit demonstrated the state’s steadfast dedication to improving the global ecosystem for the manufacturing of electronic devices, especially in the Electronics Manufacturing Services (EMS) industry. The occasion also highlighted the government’s ongoing initiatives to foster an atmosphere that encourages investment and creativity.

The significance of the summit was passionately expressed by MIDA CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, who said, “The Malaysia Electronics Supplier Summit is a testament to Malaysia’s relentless pursuit of excellence in high-tech industries.” We are committed to our goal of strengthening Malaysia’s competitive advantage on the global scene by offering a vibrant forum for discussion and establishing strategic alliances. These revolutionary occasions strengthen Malaysia’s crucial position as a leading global supply chain center that fosters innovation and success by empowering our local suppliers and promoting sustainable growth.

Datuk Seri Hasni Mohammad, Executive Chairman of JETCO, in his closing remarks, emphasised JETCO’s pivotal role in connecting and facilitating arrangements between stakeholders in Johor. He highlighted the agency’s commitment to fostering strategic partnerships that contribute to the continued success of Johor’s economic development initiatives. Following his remarks, a Letter of Intent (LOI) signing took place between Datuk Seri Hasni Mohammad and Professor Antonio Scialletti, MBA Programme Director & Strategy Professor of Rome Business School (RBS). This collaboration aims to select high-performing individuals and further upskill them through RBS’s programmes, with the initiative set to commence in 2025.

Philip Morris (Malaysia) Sdn. Bhd., the Malaysian affiliate of Philip Morris International, praised Johor’s highly skilled workforce, advanced infrastructure, and world-class expertise in high-end electronics manufacturing, noting that Johor, with its business friendly initiatives and innovative ecosystem, is an ideal location for foreign and domestic investment by companies aiming to access Southeast Asian and global markets.

Johor was promoted as a top electronics investment destination during the Malaysia Electronics Supplier Summit, with a focus on its advantageous location, highly qualified workforce, solid infrastructure, and backing from the government. The gathering, which brought together stakeholders and experts in the industry, highlighted Johor’s potential for long-term growth and innovation as well as its crucial role in the global supply chain.