5 August 2024, MITI
5th August 2024 MITI.
On behalf of Medical Device Industry, PERANTIM’ President , Mr Johari Abu Kasim, attended the Majlis Dialog Belanjawan 2025 MITI bersama Industri hosted by YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz to offer our inputs & feedbacks on industries’ expectations and proposals.
PERANTIM proposed the followings:
The increasing cost of CE MDR and USFDA and the lack of local talents in doing audit. This is old issues championed by PERANTIM and we hope to see results soon.
- The recent statistics released by MATRADE showed that in 2023, total trade of Healthcare products were traded at USD11.1Billion consisting of USD 6.81B exports & USD4.29B imports. It’s very minute (1.5%) compared to the global market size currently standing atUSD700B and poise to reach USD1Trillion in 2035. Malaysia needs more HC manufacturers & exporters. PERANTIM wants more meddev manufacturers & exporters to be developed under the umbrella or under mentor mentee programs with close coordination with govt stakeholders & PERANTIM.
- Many European clients are pointing out the increasing import cost from Malaysia and ASEAN region. The logistics insurance skyrocketed due to ongoing war and piracy. PERANTIM proposed bonded warehouse facilities strategically located in Europe (read Battersea?) housing all Malaysian made export products destined to Europe as a way to offer cheaper Malaysian exports. Coordinated logistics & subsidies are keys.
- The increasing cost of CE MDR and USFDA and the lack of local talents in doing audit. This is old issues championed by PERANTIM and we hope to see results soon.
