Tuesday, April 25, 2017


Y. Bhg. Dato Nik Rahmat Nik Taib
Deputy Secretary General (Industry) of MITI
Chairman of MSI

Mr Jarrod Lim

Distinguished speakers from MIDF, MATRADE, SME BANK, HONG LEONG BANK, HELP University 

Ladies and Gentlemen.

Good Morning.

I feel privileged to have been invited for this memorable event, the first of its kind in exposing eCommerce specifically tailored to the Iron & Steel industry players. Let me first wish all of you a warm welcome, and secondly offer congratulations to Malaysia Steel Institute (MSI) for successfully organizing this eCommerce Day for the Iron & Steel Industry in Malaysia. 

MSI is a Human Resource Development Fund (HRDF) certified training provider. This is the 2nd phase of the specifically Human Resource Development for the Iron & Steel Industry, where in December 2016, MSI launched its 4-phase HRD program. In the first phase, training was conducted on Occupational Safety and Health or in short called, OSH. Today is the start of MSI 2nd phase on eCommerce.

Ladies and Gentlemen.

The Government is all for Human Capital Development and moving companies to greater use of eCommerce. Please allow me to deliberate a little on the Government’s initiatives to promote eCommerce:

Malaysia established the National eCommerce Council headed by MITI in December 2015 to accelerate the growth and development of eCommerce in the country. 

The Council also acts as the platform to guide the governance and implementation of the National eCommerce Strategic Roadmap (NeSR), involving 22 key Ministries and agencies in six thrust areas namely:

Accelerate SMEs adoption of eCommerce;

Increase adoption of eProcurement by businesses;

Lift non-tariff barriers (i.e. domestic eFulfillment, cross-border eCommerce, ePayment and consumer protection);

Realign existing economic incentives;

Strategic investments in selected eCommerce players; and

Promote national brands to boost cross-border eCommerce.

The on-going implementation of the Roadmap is expected to further enhance the eCommerce annual growth rate in Malaysia to reach more than 20% (as compared to 10.8% in 2016), with GDP contribution reaching as high as RM211 billion.

This year has also been announced as the “Year of the Internet Economy for Malaysia”. Contribution of digital economy to Malaysia’s GDP rose from 16.4% in 2013 to over 17.0% in 2015. This achievement already meets the 2020 goal that Malaysia set, back in 2011. Our challenge is to accelerate this process in tandem with the rapid speed in which the world is “digitising”.

The recent launch of the world’s first Digital Free Trade Zone (DFTZ) on 22 March 2017 by the Prime Minister of Malaysia together with Mr. Jack Ma, founder and Executive Chairman of Alibaba Group, will further provide a conducive environment for companies anchored on the internet economy. 

Implementation of the National eCommerce Roadmap strategies will help to further achieve the development of the DFTZ in Malaysia which in turn provides conducive environment for companies anchored on the internet economy. 

Ladies and Gentlemen.

This eCommerce Program has been carefully crafted, aims at bringing together the MITI and its agencies and Iron & Steel players to introduce the facilities and services provided by MITI & its Agencies on eCommerce application by businesses, adoption & adaption with better technologies and improvement of current practises via eCommerce.

As you are aware, eCommerce is a tool to enhance Business to Business (B2B) dealings that will help increase business volume locally and regionally via exports. The iron & steel producers as we understand are competitive but not there into exporting yet. We should make use of this e-based platform as a tool for our business growth. 

Finally,at a macro level, the increased use of eCommerce will assist the country narrow the trade deficit gap, for the Iron & Steel Industry. 

Ladies and Gentlemen.

Grab this opportunity for your business advancement by fully and actively engaging during the sessions to gain the maximum.I wish all for fruitful discussions, positive outcomes from this program that will benefit all of us.

Last but not least, I strongly encourage for you to continue showing support for Malaysia Steel Institute programs and help to bring the industry to greater achievements.

Thank you.

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