Sunday, July 5, 2009

Malaysia: Produce High Quality Products

Our respectable Tun Dr Mahathir Mohamad once said in his 2004 budget speech (source: the following:-
We can only compete with the advanced economies, if we produce high quality products on a large-scale basis. As such, our producers must be bold in undertaking ventures to produce high quality products on a large-scale for the world market.

He also continued to report that SMIs can contribute to economic growth. They also have the potential to produce high quality and value-added products, which can be exported. A strategic direction for the development of SMIs must be formulated not only to enable them to be the backbone of large industries but also able to export their own products abroad..... The Government through SIRIM will also identify R&D requirements based on market demand and match them with R&D capacity in universities and research institutions. As this represents a long-term investment in developing our local technology to produce high quality Malaysian brands, the Government will provide adequate funds for this purpose. The nation has the expertise and capacity to undertake R&D to meet market demand.