Malaysia: MIDA To Hold Furniture, Wood-Based Industry Seminar On Jan 23

KUALA LUMPUR, Jan 18 (Bernama) – The Malaysian Investment Development Authority (MIDA) will be organising a seminar on the furniture and wood-based industry in Kota Kinabalu on Jan 23 to promote Sabah as the next investment destination for the industry. The one-day seminar, with the theme “New Era of Manufacturing for Furniture and Wood-Based Industry”, would focus on automation and smart manufacturing to promote the adoption of Industry 4.0 among wood-based industry players, it said. “The seminar is in line with the state government’s measure to safeguard local industries and boost more downstream activities, which will eventually increase the economic development and living standards of local communities,” the agency said in a statement Thursday. State Chief Minister Mohd Shafie Apdal had recently announced his plan to make Sandakan as a furniture centre due to its proximity to several forest management units within Sabah, which is ideal for downstream value-added timber activities. MIDA said participants would be updated on the latest government policies and strategies, the promoted industries and industrial park in Sabah, and insights on the development authority’s organisational mechanism in promoting and coordinating investment development in the furniture industry. The event will held at the Le Meridien Hotel in Kota Kinabalu. -- BERNAMA