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Industry4WRD Readiness Assessment (RA) programmes

In 2019, MITI received 849 applications for the Industry4WRD RA and selected 508 small and medium-sized enterprises (SMEs) for the government-funded RA. 

Application is available online at http://www.miti.gov.my/industry4wrd.

Source: https://www.miti.gov.my/miti/resources/Media%20Release/Media_Release_Seminar_On_INDUSTRY4WRD_Incentives.pdf

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Readiness Assessement

The Industry4WRD Readiness Assessment will help firms to (1) Determine their state of readiness in the adoption of Industry 4.0 technologies; (2) Identify the gaps and areas of improvement for Industry 4.0 adoption as well as opportunitiesfor productivity improvement and growth; and (3) Develop feasible strategies and plans to perform outcome-based intervention projects.

To apply: https://www.miti.gov.my/index.php/forms/form/90

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Industry 4.0 (Industry4WRD) Incentives

1. Industry4WRD Intervention Fund : Matching basis (70:30) based on eligible expenditures, up to a maximum grant of RM500,000.00 only. 

2. Industry4WRD Domestic Investment Strategic Fund (DISF)' : Matching grant with 60:40 ratio based on a reimbursable basis to Malaysian companies which have undertaken the Industry4WRD RA programme. 

More info at https://www.mida.gov.my/home/industry4wrd-incentives/posts/