SPEECH DELIVERED AT THE STANDARD CHARTERED BANK BELT AND ROAD FORUM AND CLIENT DINNER IN KUALA LUMPUR BY DR. ONG KIAN MING, DEPUTY MINISTER OF INTERNATIONAL TRADE AND INDUSTRY ON THE 8TH MARCH 2019

1.Since the Belt and Road Initiative (BRI) was launched by President Xi Jinping in 2013, it has become a pivotal feature of China’s domestic as well as its foreign policy. The BRI has the opportunity to surpass the Marshall Plan in terms of the scale and scope of its ambition.

2. When the BRI was first announced, there was a palpable sense of excitement over how the grand-scale investment plans would reshape global trade and relations. This was especially true in Asia, a fast growing region in dire need of investments for infrastructure. Estimates vary between US$1 trillion and US$8 trillion in terms of infrastructure demand for Asia up to 2030.

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扶持本地电子电器企业发展成为全球和区域性企业

(2019年2月15日)国际贸易及工业副部长王建民博士的新闻文告

每当讨论起槟城的电子和电器工业时,我们脑海里都会先浮现英特尔,贝朗(B Braun)和博通(Broadcam)等跨国公司。虽然这些跨国公司在槟城都拥有着悠久的历史,但我们或许比较少留意到许多本地的大型公司其实也发展很迅速,并在电子和电器工业扮演不容忽视的角色。若提供适当的支持和协调,这些公司可以继续推动发展马来西亚电子和电器工业迈向下一个阶段。

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Supporting our Local Companies in the E&E Industry to be Regional and Global Players

Media Statement by Dr. Ong Kian Ming, Deputy Minister of International Trade and Industry (MITI) on the 15th of February 2019

Whenever one thinks of the Electronics and Electrical (E&E) Sector in Penang, the images which come to mind immediately are big multinational companies (MNCs) such as Intel, B Braun and Broadcom. While established MNCs in the E&E sector have a long history in Penang, what is much less well known are the number of Large Local Companies (LLCs) which have emerged as part and parcel of the E&E landscape. With the right level of support and coordination, these companies can drive the next stage of growth for the E&E sector in Malaysia.

Most of the local E&E players in Penang started off as suppliers to the many MNCs which made Penang their operations and manufacturing hub in South East Asia, starting with INTEL in the early 1970s. As the scale and sophistication of these E&E MNCs grew, the local E&E players also grew in tandem.

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