By PCD MPC
•
March 27, 2024
The productivity session held in Putrajaya, chaired by Dato' Ir. Abdul Rashid Musa, Automotive Productivity Nexus Champion offered valuable insights into the automotive industry's landscape in Malaysia and its comparison with global counterparts. Dato' Abdul Rashid shared the industry's historical evolution and current state, providing contexts for all. The session delved into Total Industry Volume (TIV) data and comparison with sectors like aerospace, offering perspectives on productivity based on employment metrics. Additionally, discussions touched upon End-of-Life Vehicle (ELV) policies, emphasizing their role in reducing average mileage per year and the potential for governmental incentives aligned with these policies. Furthermore, Dato' Abdul Rashid elucidated on catalysts and industry drivers crucial for fostering the automotive sector's growth, underscoring sustainability initiatives spanning from raw material sourcing to ELV management. The session provided a comprehensive overview, enriching all with nuanced understandings of productivity dynamics within the automotive industry. #DrivingProductivityoftheNation #MPC