20-05-2025
- Business
- New Straits Times
MIGHT launches reports to guide Malaysia's high-tech sector
KUALA LUMPUR: The Malaysian Industry-Government Group for High Technology (MIGHT) has released four strategic reports aimed at guiding the development of high-technology sectors in Malaysia.
In a statement, MIGHT said the reports serve as reference points for policymakers, investors and industry players, offering data-driven insights on market size, growth potential, competitiveness and sector challenges.
The reports launched are the Advanced Air Mobility (AAM) Industry Report, Exploring Malaysia's Space Frontiers 2024/2025, Aerospace Technology and Innovation Report 2025/2026, and Malaysian Shipbuilding and Ship Repair Industry Report 2025/2026.
MIGHT co-chairman Tan Sri Ahmad Tajuddin Ali said the reports highlight key technologies and policy gaps that need to be addressed to strengthen Malaysia's high-tech ecosystem.
On the maritime sector, he noted growing emphasis on eco-friendly ship designs, renewable energy integration and green vessels to boost sustainability and competitiveness.
He also said the AAM report outlines the sector's potential in public transport, national security and logistics, while also pointing to hurdles such as outdated regulations, infrastructure limitations and a lack of local talent.
"Our main focus is to overcome these barriers so Malaysia can emerge as a regional leader in the AAM sector," he said.