MIGHT Annual Report 2021

Webinar on 'The Future of Malaysia's Rail Industry: The Impact on Economic Growth' with Othman Yeop Abdullah Graduate School of Business (OYAGSB) Universiti Utara Malaysia (UUM) 24 October 2021 | Online

Honorary Secretary of Malaysia Rail Industry Corporation (MARIC), Hani Ghazali was featured in a discussion on the 'The Future of Malaysia's Rail Industry: The Impact on Economic Growth’ at the BizTalk programme by Othman Yeop Abdullah, Graduate School of Business (OYAGSB), Universiti Utara Malaysia (UUM). The talk focused on the global paradigm shift that may shape the development landscape of the future rail industry.

Improving the eciency of transportation and logistics services contribute towards achieving sustainable economic development and improving societal well-being. Eorts to provide an integrated, aordable, reliable and smooth transportation system must be stepped up. While the industry may not at present possess the necessary capabilities in its entirety, the synergy in form of cooperation and collaboration between various parties including academia, government and the private sector needs to be intensified to enhance research and development (R&D) capabilities and organisational innovation. The continuity of international trade and logistics will run smoothly by strengthening integration to build future capacity, improve production networks and strengthen the production ecosystem.

As such, knowledge-intensive and highly skilled workers are crucial in increasing organisational productivity driven by advanced technologies such as the Internet of Things (IoT), robotics, 3D printing, big data analytics and artificial intelligence (AI).

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