Malaysia’s New Industrial Master Plan 2030: Overview and Assessment


About the Webinar

The New Industrial Master Plan 2030 (NIMP 2030) was officially launched by the Malaysian government to chart the strategic direction of the country’s manufacturing sector for the next seven years. The NIMP 2030 lays out a broad policy framework that will serve as a policy guide for Malaysia’s industrial development. It has six key goals focusing on increasing industries’ economic complexity, strengthening industrial clusters, increasing the income and skills of workers, more balanced development across states, stronger domestic linkages and sustainable development. Implementation of the NIMP 2030 will be driven by four missions that will advance economic complexity, tech up for a digitally vibrant nation, push for net zero, and safeguard economic security and inclusivity.

This webinar will first provide an overview of the NIMP 2030. This will be followed by a critical assessment of the NIMP 2030 in terms of its goals, scope, and strategies.

About the Speakers

Tham Siew Yean is Visiting Senior Fellow at ISEAS – Yusof Ishak Institute, Singapore and Professor Emeritus, Universiti Kebangsaan Malaysia. She was formerly Director and Professor of International Trade at Institute of Malaysian and International Studies (IKMAS), Universiti Kebangsaan Malaysia. Her research interests cover trade in goods and services as well as foreign direct investment (FDI), including BRI projects from China in Malaysia. She has served as a consultant with national agencies such as Ministry of International Trade and Industry (MITI) Malaysia, and international agencies such as World Bank, World Bank Institute, ERIA, Asian Development Bank and Asian Development Bank Institute. She has published extensively on trade-related issues in books and journals such as Journal of Contemporary Asia, Emerging Markets, Finance and Trade, Asian Economic Panel and Prague Economic Papers, besides co-editing several books published by international publishing houses. She has a PhD in Economics from University of Rochester, USA.

VGR Chandran is Professor of Industrial Development at the Department of Development Studies, Faculty of Business and Economics at University of Malaya. He has also worked as Principal Analyst of Economic and Policy Studies with Malaysian Industry-Government Group for High Technology (MIGHT), Prime Minister’s Department, Malaysia. He holds a Ph.D. in Economics and his research interests are mainly on innovation, technology development, trade and globalization. His field research covers sectors such as electrical and electronics, automotive, food, chemical, oil palm, machinery, iron and steel, ICT, and the newly emerging sector – renewable energy. He had extensive fieldwork covering the Asian region that includes countries like Indonesia, Vietnam, Singapore, India, China, Thailand, and Malaysia.

Lee Heng Guie had 30 years of professional experience as an economist, with almost 13 years in Bank Negara Malaysia and 19 years within the financial services industry. Currently, Mr. Lee holds the position of Executive Director of Socio-Economic Research Centre (SERC), an independent think-tank of the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM). He is an independent member of the Investment Committee of Opus Asset Management Sdn Bhd since May 2017 and was appointed as an Independent Board Director of Bank of China (Malaysia) in December 2021. He is also a member of the Economic Committee of the Malaysia Competition Commission (MyCC). Mr. Lee actively contributes articles and provides economic commentaries in major print media (both English and Mandarin) as well as participated in seminars/conferences as a resource person. He was former Head of Economics of CIMB Investment Bank and has led CIMB Macroeconomic research to be ranked top 3 for nine consecutive years (2005-13) in the Asiamoney Polls. He holds a BA (Hons) majoring in Economics from University of Malaya, Malaysia and a Master’s Degree in Development Economics from Williams College, U.S.A.


This webinar will be delivered online entirely. You can join the webinar at the specified date and time using devices (computer, phone, or tablet) with internet connection.

Please register here to receive your unique link for joining the webinar.

If you have questions for the speakers, please key in your questions via the Q&A, stating your name and affiliation. The moderator will field them to the speaker during the Q&A session.


Sep 22 2023


10:00 am - 11:30 am

More Info