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Malaysia

MIDA Predicts Local Outsourcing Boon

Speaking to reporters at a Malaysian Industrial Development Authority (MIDA) seminar on "Outsourcing Opportunities in Malaysia," Datuk Afifuddin Abdul Kadir, the organization's deputy director-general, said about 5,000 multinational companies, including Intel and Jabil, both operating in Malaysia, will outsource 30% of their activities to local players. Afifuddin believes the move toward reducing supply chain management costs has created outsourcing opportunities in solar photovoltaic, front-end electronics, medical devices, aerospace, machinery and equipment, as well as in the oil and gas industries. Business Times (11/18)