NAP 2020 marks bold move to lead Asean auto sector | Malay Mail

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KUALA LUMPUR, Feb 21 — The launch of the National Automotive Policy 2020 (NAP 2020) marks Malaysia’s move towards becoming a regional leader in the automotive sector, particularly in the areas of manufacturing, engineering, technology and sustainable development. The 10-year policy was...

Prime Minister Tun Dr Mahathir Mohamad during the launch of the National Automotive Policy 2020 at Menara Miti in Kuala Lumpur February 21, 2020. — Bernama pic

The fourth version — the NAP 2020 — envisions enhancing Malaysia’s automotive industry in the era of digital industrial transformation from 2020 to 2030, in line with global trends, and is crucial in ensuring the local automotive industry continues to grow and remain competitive. The NAP 2020 is an enhancement of NAP 2014. The core of the NAP 2020 is the element of technology, such as Next-Generation Vehicles , Mobility-as-a-Service , and Industrial Revolution 4.0 , which are in line with disruptive trends that have emerged in global markets.

This would ensure the domestic automotive industry is better equipped with new paradigms in the automotive sector closely related to the development of IR4.0. “The new technological advancements in NAP 2020 will create new opportunities that are not only focusing on the automotive sector but also the services sector which is made ready in the mobility ecosystem,” said MITI, adding the income of the nation and the people is also expected to increase if the local industry takes advantage of the new opportunities created,

 

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