MyPlast Sourcing Summit 2023, an inaugural event held for the plastics industry, was successfully organised by the Malaysian Investment Development Authority (MIDA) and the Malaysian Plastics Manufacturers Association (MPMA) at the One World Hotel, Petaling Jaya, Selangor today.
This pivotal event served as a dynamic platform to facilitate collaboration between Small and Medium Enterprises (SMEs) and Multi-National Companies (MNCs), catalysing growth and fortifying the local plastics supply chain ecosystem.
The summit aimed to empower SMEs to adopt innovative approaches, thereby enhancing their plastic production capabilities, contributing significantly to the economy, and bolstering their competitiveness.
Through initiatives like the MyPlast Sourcing Summit, MIDA and MPMA are committed to advancing the plastics industry to new heights in high-quality manufacturing, driven by advanced machinery, automation, and sustainable practices. This not only reduces dependence on foreign labour but also minimises the industry’s carbon footprint, ensuring a more sustainable and resilient future.
Datuk Wira Arham Abdul Rahman, CEO of MIDA, commended the successful organisation of the MyPlast Sourcing Summit, emphasising, “The plastic products industry in Malaysia is well-established, supporting the growth of many other important manufacturing industries, such as electrical and electronics, automotive, aerospace, medical devices, and food packaging. It assumes a crucial role in driving innovation and supporting key sectors of our economy.”
“By nurturing collaboration between MNCs and local plastics manufacturers, initiatives like the MyPlast Sourcing Summit drive the growth of local enterprises, facilitating strides towards innovative and sustainable plastic manufacturing, aligning with the Malaysia Plastics Sustainability Roadmap 2021-2030,” he further added.