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Malaysia Vision Valley 2.0 (MVV 2.0)

Aug 15, 2024

2 min read

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Malaysia Vision Valley 2.0 (MVV 2.0) Benefits to Nilai, Negeri Sembilan

Sectors Benefiting the Most:

  1. Manufacturing and Industrial: MVV 2.0 aims to develop Nilai into a major industrial hub, with a particular emphasis on advanced manufacturing. The development of the XME Business Park and other industrial zones will attract industries such as electronics, engineering, metal fabrication, and food processing. This focus positions manufacturing as the most significant beneficiary.

  2. Logistics: Given Nilai’s strategic location near the North-South Expressway, the MVV 2.0 project will enhance its role as a logistics hub. The development of logistic parks will provide modern facilities and better connectivity, making it a critical sector benefiting from this initiative.

  3. Technology and Semiconductor: MVV 2.0 is also focusing on becoming a semiconductor industry hub, with large investments already committed. This sector is expected to experience significant growth, creating new opportunities in high-tech manufacturing.

Key Developers Involved:

  • Sime Darby Property: The master developer of MVV 2.0, responsible for large-scale projects such as the XME Business Park and other industrial and commercial developments.

  • Matrix Concepts Holdings: Involved in mixed-use developments, including residential and commercial areas, contributing to the broader economic ecosystem.

  • Other Joint Ventures: Several local and international developers are partnering with state agencies for specific industrial and infrastructure projects, including technology parks and logistic hubs.

Economic Benefits to SMEs and Employment:

  • For SMEs: The MVV 2.0 project offers SMEs in manufacturing, logistics, and industrial sectors access to state-of-the-art infrastructure and facilities. The creation of managed industrial parks and logistic hubs will lower entry barriers for SMEs, providing them with scalable options and better integration into the supply chain of larger companies. This access to modern facilities and a more connected ecosystem will enable SMEs to reduce costs, increase efficiency, and expand their market reach.

  • Employment: The development of industrial and technology parks is expected to create numerous job opportunities in Nilai, ranging from skilled manufacturing positions to roles in logistics and high-tech industries. This employment boost will not only benefit the local economy but also help attract talent to the region, further enhancing its industrial capabilities.

Impact on GDP Growth:

  • Negeri Sembilan: The MVV 2.0 is expected to significantly contribute to the state's GDP by fostering industrial growth, attracting investments, and creating jobs. The expansion of high-tech industries, particularly in semiconductor manufacturing, will drive economic activity and increase the state's GDP.

  • Malaysia: On a national level, MVV 2.0 could contribute up to 15% of the country’s GDP through its industrial and technological developments. The project is designed to align with Malaysia’s broader economic goals by boosting exports, increasing industrial output, and enhancing the country's global competitiveness in key sectors such as manufacturing and technology​ (Focus Malaysia - Business & Beyond)​ (The Star).

In summary, MVV 2.0 represents a transformative project for Nilai, Negeri Sembilan, with far-reaching benefits for SMEs, employment, and GDP growth. The focus on industrial, manufacturing, and logistics sectors, coupled with significant investment and development, positions the region as a future economic powerhouse in Malaysia.

Aug 15, 2024

2 min read

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