Page 18 - KLSCCCI Nov 2021 - eBulletin 401

本期焦点

Over RM2 billion investment

to promote emerging

technologies & low-carbon

environmental protection

Government to Invest RM6.25 billion to Revive

5 Major Industries

Budget 2022 mainly focuses the “sustainability” and “trajectory growth” of the economy. In order to
sustain our country's momentum of economic growth, our government will invest more than RM2 billion to
promote emerging technologies and low-carbon environmental protection.
Additionally, the government had also allocated RM6.25 billion to revive 5 major industries, including
Arts and Tourism, Creative Industries, Agriculture and Fishery, Plantation, and Retail, in a budget allocation
covering various subsidies and grants that total over RM1 million.

Emerging Technology Development and Promotional Fund

Fund Amount Department/
Project Goal (RM) Institution

Trade and Investment High return investments and new 25 million Ministry of International
Mission exports development Trade and Industry (MITI)
MSME Halal Product Digital Help HALAL companies create 25 million Halal Development
Branding and the MSME exposure on the international stage Corporation Berhad
Halal Product Marketability
Programme

Intensify R&D activities Conducting scientific research 423 million Ministry of Higher
projects, including joint development Education (MOHE),
of economic ecosystems with Ministry of Science,
national universities, as well as Technology and
collobaorations with industry leaders Innovation (MOSTI)
Innovation Hub: Develop industries in emerging 30 million Technology Park Malaysia
Industrial Revolution 4.0 technology, such as: self-driving
technology, robots, electric vehicles
Industry4WRD Industrial Revolution 4.0 in 45 million Ministry of International
manufacturing and service industries Trade and Industry (MITI)
MyStartup Strategy Revitalize of the start-up economy 20 million Cradle Fund
and promote the start-up digital
economy

Support Industrial Clusters Train 20,000 technicians 80 million Ministry of International
Trade and Industry (MITI)

Support Industrial Clusters Train 5,000 petrochemical, 50 million Sarawak, Johor, Penang
electromechanical and "Techinical Skill
automation technicians Development Center"

18