Industry4wrd RA

Access Your Firm Capabilities & Embark into Industry 4.0 Journey

MITI Industry4wrd

National Policy on Industry 4.0 (Industry4WRD) is a proactive measure undertaken by the Ministry of International Trade and Industry (MITI) to transform the Malaysian manufacturing industry and its related services to be smarter, more systematic and resilient.

Get your organization to assess and be ready for Industry 4.0 Transformation

Industry4wrd Readiness Assessment (RA)

One of the important steps before embarking on the Industry 4.0 journey is to get each company to undergone the Industry4wrd Readiness Assessment (RA). It is a comprehensive program to help you to assess your capabilities and readiness to adopt Industry 4.0 technologies and processes by using a pre-determined set of indicators to understand your present capabilities and gaps.

All Companies in the manufacturing and manufacturing-related services (MRS) sectors are eligible to participate in the Industry4WRD RA to either enjoy the Government-funded RA for eligible SMEs or Tax exemption on RA fees up to RM27,000. Upon completion of the Industry4WRD RA, qualified companies will be selected to participate in the intervention program. They would be able to access the Industry4WRD Intervention Fund with 70:30 matching grants for SMEs and & Domestic Investment Strategic Fund (DISF) with a 60:40 ratio to implement intervention strategies upon completion of RA.

Industry4WRD Process Flow

1

Apply Online Registration

2

Evaluation by Industry4wrd Committee

3

On-site Assessment

4

Received RA Report

5

Receive outcome report from Industry4wrd Assessing Body

6

Develop Intervention Proposal based on input from RA Report

7

Apply for Financial Incentives

8

Evaluation by Committees

9

Approval Granted

10

Implementation & Monitoring

Industry4wrd Readiness Assessment Application

What is this?

Trained assessors will help you to understand your readiness for Industry 4.0 and make recommendations on where to start your transformation.

Who is eligible?

✔ Manufacturing and its related services sector

✔ Valid registration and business licenses

Company has at least 60% local equity

✔ In operation for more than 3 years

What are the benefits?

Identify areas of improvement in terms of people, process and technology.

Receive a comprehensive readiness report.

Be entitled to apply for financial incentives.

Receive comprehensive Industry4wrd Readiness Report (RA)

Industry4wrd Government Grants

Industry4wrd Intervention Fund

  • The Industry4wrd Intervention Fund is a financial support facility for Malaysian Small and Medium Enterprises (SMEs) in the manufacturing and related services sectors to embrace Industry 4.0.
  • The Fund is provided to support companies in implementing intervention projects based on the recommendation of Industry4wrd Readiness Assessment (RA) Report on the shift factors of people, process and technology.
  • The application of this fund will be evaluated by MIDA.
    70 -30 matching grant for SMEs to implement intervention strategies upon completion of Readiness Assessment

Industry4WRD DISF

  • Introduced in Budget 2019
  • Objective is to assist companies that have undergone the Industry4WRD Readiness Assessment (RA) programme to migrate into Industry 4.0
  • Eligible only to companies that have undergone the Industry4WRD Readiness Assessment (RA) programme with Malaysian equity ownership of at least 60%
  • Effective date of application is from the date of approval of Industry 4WRD RA Report (MPC’s letter) until 31 December 2021

Government Incentive

Get your organization to assess and be ready for Industry 4.0 Transformation.