AutoMEX Conference 2012 is organized by the Malaysia Robotics & Automation Interest Group (myRAig), MySET.
Malaysia has set itself a target to become a high income nation by 2020, with a Gross National Income (GNI) of USD 15,000 per capita at a growth rate of 6% per year. By 2020, the government targets to create 3.3 million new high-income jobs amounting to 11% of the national job market. Private investment will account for 92 percent of the RM1.4 Trillion investment required for the National Key Economic Areas (NKEAs) from 2010 to 2020 and public funding for only 8 percent. This requires an investment from the private sector of around RM120 billion per year. To securities the private investment risk, the Government has committed to come together and provide commitments to the private. New Robotics and Automation opportunities are created through 131 Concrete Entry Point Projects (EPPs) delivering RM0.8 trillion incremental GNI impact delivered from EPPs, business opportunities and multiplier effects.