National Trade Blueprint

Capitalise on existing strengths within the local sectors in the aspect of local sourcing and cluster development. The thrust aims at providing necessary support to assist exporters to achieve their critical mass, and grooming new champions across the supply chain, thereby promoting export growth further and strengthen the key sector’s position in export. Elevating Malaysia’s Strengths in Export Supporting Malaysian businesses to go global regardless of size or location. To promote inclusiveness while boosting competitiveness by giving exporters access to the pooled capacity and infrastructure. Deep clusters can support the growth and productivity performance of large firms as well as small and medium sized firms when it reaches critical mass. 8 Strategic Thrusts Thrust 3: FOCUS RATIONALE Identify and nurture key suppliers/vendors who are indirect exporters to be groomed into direct exporters Objective / Pain points To exploit the opportunities within the successful sector and its value chain to strengthen the position of the sector for exports and create new champions. Key Stakeholders: MITI/MIDA (Lead), MATRADE, industry stakeholders, financial institutions Implementation timeline : Medium-term (continuous effort) Action plans 1. Identify indirect exporters within key successful sectors a) Conduct an in-depth analysis on the value chain and players involved. b) Identify players involved within each stage of the value chain, especially indirect exporters. 2. Help selected indirect exporters to participate in Exporters Readiness Assessment programme a) Based on the findings of the readiness assessment tool, players are guided on potential markets. 3. Develop an integrated exporters’ nurturing development programme a) The programme will address the challenges faced by these potential players and help them overcome barriers through various interventions. 3.1 Support export cluster development in collaboration with state governments, MNCs and the local private sectors Objective / Pain points To address the various present issues that are hindering the development of export clusters. Key Stakeholders: MITI/MIDA & MATRADE (Joint Lead), state government, state investment authorities, education & research institutions, industry stakeholders, regional economic corridors Implementation timeline : Long-term Action plans 1. Address the outstanding issues to improve overall performance a) Perform a general review of existing clusters to identify required interventions to be prioritised. 2. Develop industry cluster strategies a) Working together with stakeholders to develop clear industry cluster strategies. b) Study costs and benefits of industry clusters to decide on the development of most effective clusters. 3. Propose an integrated economic policy to foster cluster development a) Economic policy to focus on strengthening clusters through accelerating investment, easing constraints, and eliminating obstacles. 3.2 34 National Trade Blueprint