Industrial Development Process of Malaysia from 1957 to Mid-2018
Keywords:
Industrial development, Process, Malaysia DevelopmentAbstract
The objectives of this study were to explain Malaysia’s industrial development from 1757 to 2018 and to explain the important factors affecting Malaysia’s industrial development from 1757 to 2018. This study involved the use of qualitative methods, including literature reviews, in-depth interviews, fieldwork surveys, and focus groups. The study was focused on Malaysia, including Borneo Island, and revealed that Malaysia’s development process is divided into three eras. The first is the early age, where emphasis was placed on economic development and national security. The second is the middle age, where emphasis was placed on economic development with industry. The third is the recent age, where emphasis is being placed on developing a modern economy and industry. In addition, industry development in Malaysia is divided into four eras. The first includes imported goods and services; the second involves heavy industry development; the third involves industrial development with technology; and the recent age involves industrial development for the future. The study revealed that today, Malaysia is in the industrial 4.0 era. The country is specifically trying to develop an industrial base in cyber-physical systems (CPS). In addition, the important factors affecting industrial development include the collaboration between the government and private sectors to establish a policy supporting industrial development, such as infrastructure development, communication technology, tax measures, labor administration, and industrial development, by dividing the country into industrial clusters.
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