Diary of Events

(1)   Courtesy call by Ambassador of Cuba to
        MASSA Secretariat on 22 January 2020

H.E. Ibete Fernandez Hernandez, Ambassador of the Republic of Cuba, Kuala Lumpur made a courtesy call to MASSA Secretariat on 22 January 2020.   Ms Ng Su Fun, Executive Secretary MASSA and Ms Florence Khoo met with Her Excellency to discuss on joint activities for MASSA members. 

(left to right) Ms Ng Su Fun, H.E. Ibete Fernandez Hernandez and Ms Florence Khoo at MASSA Secretariat

(2)   Visit and Briefing Session at Technology
         Park Malaysia (TPM) on 20 February 2020

MASSA in collaboration with MAJECA jointly organised a visit to Technology Park Malaysia (TPM) in Bukit Jalil. 14 representatives from 8 companies/ organisations participated in the Technical Visit to TPM on 20 February 2020.

Technology Park Malaysia Corporation Sdn Bhd (TPM) is the innovation facilitator and technology enabler of Malaysia. It was established by the Ministry of Finance, Malaysia in 1996 and operates under the auspices of the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC).

As the national driver of innovation and technology, TPM manages and operates Malaysia’s leading and premier 686-acre technology park campus in Bukit Jalil, Kuala Lumpur.  With its modern infrastructure and state-of-the-art facilities, it boasts as the only 4th generation incubator service provider in the country offering a comprehensive range of services.

Since its establishment in 1996, TPM has continued to manifest in its underlying motto “Your Success Begins Here” that has reached the length, depth and breadth of the technopreneurial community.

More than 3,000 technology driven companies have benefited from TPM – both local and multi-national within various clusters of industry. ICT cluster has recorded the highest tenancy within TPM followed by Engineering and Biotech, Telecommunication and Content, and Support Services.

The mission of TPM include:


¶ To facilitate and nurture knowledge-based enterprises by providing expertise, facilities, equipment and support services.

To facilitate research & development, innovation and commercialisation activities by providing advanced infrastructure, equipment and facilities.

¶ To promote and stimulate an intellectual, creative and innovative community for the development of knowledge-based economy by creating a conducive Technology Park environment.

¶ To facilitate government and private sector smart partnership in technology development and commercialisation of research results.

¶ To provide a platform for the establishment of strategic business and technology linkages between research institutions, academia, financial community and industry, local and global.


Introduction and Welcome

Mr Shahazman Abu Samah, Vice President of TPM Park Management & Services gave a welcome to all participants, introduced the role, objectives and visions of TPM.

Among the business activities of TPM are mentoring and coaching services, marketing & financial consultancy services, technology & business forums, workshops and business matching to researchers, scientists, technopreneurs and SMEs.

To support technology commercialisation, TPM has the following services: –


Expertise and technical support to incubate and nurture knowledge-intensive technology-driven enterprise

¶ Fully equipped laboratory facilities for R&D and Innovation

¶ Conducive environment and ecosystem for innovation

¶ Platform for promoting synergistic industry/government partnership in technology development

¶ Strategic technology linkages between business, academia and the research community

¶ Advisory and consultancy services in technology transfer facilitation

We thank TPM for hosting the informative session on 20 February 2020.
MASSA members found the visit useful and informative. 

(left) YBhg Dato’  Ho Fong Lee with (centre) YBhg Dato’ Seri Ibrahim presenting a token of appreciation to (right) Encik Shahazman Abu Samah, Vice President TPM Park Management and Services

Group photo taken at the TPM Resource Centre Building


(left to right) Ms Florence Khoo, Ms Aniz Adura, Ms Ng Su Fun and Puan Intan Suraini

Contact Details

Technology Park Malaysia Corporation Sdn Bhd
Level 5, Enterprise 4
Bukit Jalil
57000 Kuala Lumpur
Tel: +603-8998 2020
E-mail: info@tpm.com.my
Website: www.tpm.com.my
Instagram: technologyparkmalaysia
Facebook: technologyparkmalaysia

1.    Ms Aniz Adura Abdul Majid
       Senior Manager
       Strategic Communication & Stakeholder Management
       Group Business Development & Corporate Affairs
       E-mail:  aniz_adura@tpm.com.my

2.    Puan Intan Suraini
Assistant Manager
Corporate Communication
Group Business Development & Corporate Affairs
E-mail: intans@tpm.com.my

MIDA – Supporting SMEs in the adoption of Industry 4.0 – Industry4WRD Intervention Fund

Source: https://www.mida.gov.my/home/e-newsletter/posts/

Please log in to MIDA’s website, MIDA Insights for this article at:-








Conducted in two phases across the nation, the outreach programme will be an avenue for industry players to understand the Industry4WRD related programmes and incentives offered by the Government such as Readiness Assessment, Intervention Fund, Domestic Investment Strategic Fund (DISF) and Automation Capital Allowance (Automation CA).

The outreach programme’s first phase is scheduled for February to April 2020 and will be held in collaboration with relevant Ministries, Agencies and business associations throughout Malaysia.

To encourage more local small and medium enterprises (SMEs) stakeholders within the manufacturing and related services sectors to embrace Industry 4.0, the Government has introduced a new incentive, known as the Industry4WRD Intervention Fund.

This is in tandem with the National Policy on Industry 4.0, which introduced the Industry4WRD Readiness Assessment (RA). The RA is a comprehensive programme to help SMEs to assess their capabilities and readiness to adopt Industry 4.0 technologies and processes. Upon completion of the RA programme, companies will be given recommendations to prepare feasible strategies and plan to move towards implementing Industry 4.0 in their operations. To materialise the recommendations that have been put forward, SMEs are encouraged to apply for the Intervention Fund through the Malaysian Investment Development Authority (MIDA).

On 20 January 2020, YB Dr. Ong Kian Ming, Deputy Minister of International Trade and Industry, officiated the Seminar on Industry4WRD Incentives, kick-starting the Nationwide Industry4WRD Outreach Programme for the year 2020.


Industry4WRD Intervention Fund

What is the incentive?

It is a matching grant (70:30) on reimbursable basis based on eligible expenditures, up to a maximum grant of Ringgit Malaysia Five Hundred Thousand (RM500,000.00). This fund aims to support SMEs in implementing intervention projects based on the recommendation of Industry4WRD Readiness Assessment (RA) Report on the shift factors of people, process and technology.


Who are eligible?

-Manufacturing or manufacturing-related services (MRS) companies incorporated under the Companies Act, 2016

-Small & Medium Enterprises (SMEs)

-Manufacturing: Sales turnover from RM300,000 to not more than RM50 million and/or employee from 5 to not more than 200

-MRS: Sales turnover from RM300,000 to not more than RM20 million and/or employee from 5 to not more than 75

-In operation for at least three years in the current business line

-Possess a valid business licence and/or Manufacturing Licence

-Completed the Government-funded Industry4WRD Readiness Assessment (RA) Programme–received a report from the Malaysia Productivity Corporation (MPC)

What are the eligible expenditures?

-Only expenditures based on the recommendations of the RA report will be considered.

-The following expenditures will not be eligible:

-Purchase or rental of land, building, vehicles and furniture;

-Premise renovation;

-Collateral or loan for any purpose;

-Marketing/ promotional activities;

-Operation expenditure including salary, employee benefits, travelling expenditures; Expenditures on R&D activities; and

-Working capital not related to the project.

What are the important timelines

-Received Remaining Grant from MIDA

-Submit claim for Remaining Grant to MIDA

-Initiate the expenditures

-Received Upfront Grant from MIDA

-Sign Grant Agreement

-Grant Agreement must be signed not more than 30 days from the date of approval by MIDA

-Received Approval letter from MIDA

-Submit Application to MID

-Application must be submitted not more than 2 months from the date of approval(RA Report) by MPC.

-Received RA report from MPC

Expenditures must be incurred not more than 12 months from the date of approval by MIDA.  Claims for remaining grants must be submitted not more than 18 months from the date of approval by MIDA.

Last date for application submission is 31 December 2021

What are the process workflow?

1.Received RA Report from MPC

2.Submit application of Intervention Fund to MIDA for evaluation

3.Company to present (pitching session) at IIFC at MITI

4.Upon approval by IIFC, MIDA will send approval letter and grant agreement to company

5.MIDA and Company sign the agreement

6.Company receives upfront grant from MIDA

7.Company implements the project

8.Company submits claim for remaining grant to MIDA

9.Audit visit by MIDA and RA Assessor Body

10.The application of claim will be deliberated at JPPG at MIDA

11.Upon approval by JPPG, company will receive remaining grant from MIDA

IIFC = Industry4WRD Intervention Fund Approval Committee

JPPG = Coordination & Disbursement of Grants Committee

What are the documents needed?

-1-page Application Form

-Industry4WRD Readiness Assessment (RA) Report (with MPC’s cover letter)

-Technical Proposal

-Financial Statements (audited) for the past three (3) year

-Manufacturing Licence from MITI or a Confirmation Letter for Exempted from Manufacturing Licence from MIDA

What to put in Technical Proposal?

1.Project Description

2.Scope of Project

3.Duration of Project

4.Method of execution (solution providers)

5.Source of Technology

6.Expected Deliverable

7.Breakdown of ExpendituresApplication Form, Template Technical Proposal, Guidelines & Process Workflow are available in MIDA Website: https://www.mida.gov.my/home/industry4wrd-incentives/posts/

To submit applications (in hardcopy) to:

Chief Executive Officer

Malaysian Investment Development Authority (MIDA)

MIDA Sentral

No. 5, Jalan Stesen Sentral 5

Kuala Lumpur Sentral

50470 Kuala Lumpur

Tel: +603-2267 3633

Website: www.mida.gov.my




Country Feature on Cuba – Cuba A Market to Discover

Havana, capital and largest city of Cuba


Some statistics and information on Cuba 

Capital of Cuba, largest city of Cuba Havana

Total Area of Cuba – land, water


Total area 109 884.01 km2, 3 136.41 km2 are adjacent cays and 106. 757.60 mainland
Government /Head of State (President of Cuba currently)



President -Miguel Díaz Canel-Bermudez

Prime Minister- Manuel Marrero Cruz


Official Language








Secular state with religious freedom. The distinctive feature of religious belief in Cuba is the mix of multiple creeds and manifestations. None in particular characterizes the Cuban people.


Resources can be found in Cuba





Nickel, cobalt, iron, copper, lead, zinc, gold, silver, manganese, tungsten, and chromium. The country has considerable potential for oil and gas still in development, and a production of more than 3.5 million tons of crude oil and some 1 billion cubic meters of natural gas that covers around 40% of national demand, both energy and fuel.


Main export/import of Cuba




Export: nickel, cigars, rum, organic honey, lobsters tropical fruits, avocados, vegetable coal, medical services and biotechnology products/ import: food products, machinery, chemical products and their derivatives, electronic products and household appliances.
Population, Ethnic Groups



11 209.628 million inhabitants, 64 white, 27 percent mulato (mix of blacks and whites), and about 9 percent are black.


GDP (PPP, Nominal)


112 592 million pesos


Independence Day of Cuba


January 1est, 1959. Triumph of the Revolution


Weather/Temperature in Cuba








Warm tropical. with temperature variations associated with cold fronts, hurricanes, altitude and relief contrasts. Not very rainy (November to April): Known as winter, the variations of weather and climate become more noticeable, with abrupt changes in daily time, associated with the passage of frontal systems. It is more noticeable in the western half than in the eastern half. Rainy (May to October): Known as summer, there are few variations in time, with the most important changes being the passage of eastern waves and tropical cyclones.







The national currency in Cuba is the Cuban Peso (CUP). The Cuban Convertible Peso (CUC) also circulates, used as a means of exchanging foreign currencies according to officially established exchange rates. Currently, one unit of the Cuban Convertible Peso (CUC) is equivalent to 24 units of the Cuban Peso (CUP). The government is working on the elimination of the dual currency system.
Time Zone




International Calling Code for Cuba




Famous Places of interest in Cuba
















Cuba is one of the countries in the Caribbean that has more Intangible Cultural Heritages recognized by the UNESCO. In Cuba you can find 10 places and cultural expressions, declared UNESCO World Heritage Sites:

-Camagüey Urban Historic Center

-Cienfuegos Urban Historic Center

-French Tombs

-Alejandro of Humboldt National Park

-Archaeological Landscape of the Firsts Coffee Plantations in the Southeast of Cuba.

-National Park of Landing of Granma

-Valle de Viñales

-Castle San Pedro of the Roca of Santiago de Cuba

-Historic Center of Trinidad and its Valle de los Ingenios

-Historic Center of La Habana Vieja and its system of Colonial Fortifications

Also The beaches of Cuba boast the comfort of a city and the goods of nature. Spots like Varadero, Guardalavaca, Esmeralda, Santa Maria del Mar, Santa Lucia, Ancon, Los Cayos Coco, Guillermo, Largo del Sur, Santa Maria, Las Brujas and Levisa enjoy sunny days all year long.

Cuba A Market to Discover

Cuba and Malaysia established diplomatic relations on February 6, 1976 and since the beginning authorities of both governments foreseen the potential to expand the links to economic sector. The decade of the 90 was fruitful in exchanges of delegations between our countries that were crowned with the visit of the then Prime Minister Mahathir Mohamad in 1997.  

The signing of three important agreements, at this stage, to promote economic cooperation and scientific-technical collaboration began a higher phase in the relationship that keep going in the time with ups in politics but downs in trade, and today there is an opportunity to make flourish commercial links.

Various Cuban cigars brand

The island of Cuba is also known as “the key of the Gulf” due of its strategic position between North America and South America and in the center of the Caribbean Sea. When talking about Cuba, cigars immediately comes to people’s mind because of its exclusive taste and the fame it has acquired all over the world.

With a population of 11 208 000 millions a labour force on 5 239 922 workers and highly educated make Cuba the ideal place to explore business in Latin America. The country it is consider a virgin market ideal for investors or traders interested in bring their products to the region.

Cuba has an open economy that make it dependant to the external trade, the main imports are machinery, chemical products, animal and vegetable by-products and the exports are based on services like tourism, medical, raw sugar, rum, vegetable coal, seafood, honey, coffee and tobacco.

Despite the above, you may keep asking why Cuba?

Let’s take a look.

In year 2011, Cuba started a process of reforms to update its economic model with the key goals of boosting the economic growth, the establishing a more functional ownership structure and to achieve a more effective integration with the world economy. In this context attracting foreign investment became a key goal for the future development of the island . There were also defining different kind of properties, giving space to the private one for the development of cooperatives.

As part of the transformations in year 2013 it was created Mariel Special Development Zone (ZEDM) is the first of its type in Cuba designed to contribute to the sustainable economic development in Cuba. The industrial pillars at ZEDM are: logistical services, biotechnology and the drug industry and advanced manufacturing. It is regulated by special regimes and policies, designed to attract investment in the production of goods and the provision of services with added value, using knowledge and innovation, as well as clean technologies, generating industrial concentration to replace imports, boost exports and generate new sources of employment.

The Mariel Special Development Zone (ZEDM) account at present more than 2.3 billion dollars in investments from 32 countries. It has approved 50 businesses, 29 with foreign capital, 12 are joint ventures, seven operate with totally Cuban capital, and two are international economic associations. Out of the approved businesses, 26 are in operation, while 11 are present in the multinational zone.

The Mariel Special Development Zone (ZEDM)


Being a market plenty of possibilities to do business, Cuba stands with real opportunities across 17 sectors with 456 projects in various areas such as renewable energy, oil exploration, pharmaceuticals, food production & processing, cattle farming; power generation, infrastructure related to the chemical and metallurgical industries, tourism, and mining. Forty-five of the proposed projects are located at Mariel Special Development Zone while others are in different parts of the country.

*Foreign investment are allow in all sectors except education, health and the armed forces and offers tax exemptions to overseas companies.

Tourism is the sector with the greatest number of proposals, with 187 projects included in the portfolio. A high priority is being placed on infrastructural programmes and investments in the country associated to airports, ports, and railroad infrastructure.

Attractions and places in Cuba

Some social and economic facts that may help you to make a decision are the existence of:

• Stable political environment
• Low crime and pollution
• Low labour cost
• Highly educated and skilled work force
• New and younger Gov. Administration, April 2018
• New Constitution approved with important changes, April 2019
• New Taxation Law, 2013
• New Foreign Investment Law 108, 2014
• New land policy to support small farming, 1993.
• Now 80 % private managed Self-employment allowed
• Needs for extensive investment in many areas of the Cuban industry aiming at diversification of Business Partners
• Cuba is a co-founder of the Bolivarian Alliance for the Americas. It integrates the countries of Latin America and the Caribbean. In addition, it has international agreements with organisations such as ALADI, CARICOM, EU and WTO.
• The possibility to develop new companies with mixed capital (JV) or 100% foreign capital in a much friendly and relaxed business environment

Each year on the occasion of the International Fair of Havana a portfolio of business opportunities is present to the world business community to inform on the availability of projects. There are some sectors that must be on the interest of the Malaysian business community and Cuba is ready to partner in any of the existent modalities.

Biotechnology and healthcare

Cuban biotechnology products that are available in the Asian nations for some years

Cuba’s pharmaceutical and biotechnology industries have a world-class reputation due to their innovation and high-quality standards. BioCubaFarma, the business group that represents the sector, comprises 31 companies with 64 production facilities and 20,000 employees. The company has a global presence, exporting to more than 40 countries. Cancer treatment drugs, prophylactic vaccines for infectious diseases, cardiovascular drugs and treatment of diabetic foot ulceration are just some of BioCubaFarma’s main products. They also have a large portfolio of projects in different development stages focused on different fields such as human, animal and plants

Cuba has a leading biotechnology sector, with the pharmaceutical group, BioCubaFarma, made up of: 16 large manufacturing enterprises with 78 production facilities; 8 commercialising enterprises; 11 enterprises abroad; and establishments in all the provinces of Cuba. It has over 21,000 employees with advanced education levels. Cuba is looking to expand this sector internationally by promoting projects in Cuba with strategic partners for the production of the finished forms and active pharmaceutical ingredients in generic medicines as well as the creation or enlarging of production capacities. There are successful partnering histories with China, Viet Nam, Thailand, Mongolia in the region.


Cuban mangoes

Agriculture in Cuba contributes less than 10% to the GDP today. The main crops are cassava, coffee, potato, citrus, rice, sugar, tobacco and tropical fruits, and pigs and chicken are the main livestock. Tobacco continues to be a very important crop for the Cuban economy, which is private-owned and brings to the country over USD 300 million in revenue.


Cuban avacado

In addition, coffee and citrus are also grown and exported, but the production is much less than what Cuba produced in the past.

Organic and urban farming via local farms and gardens are developed since the 90’s since the lack of herbicides and fertilizers and is to cover family food in small scale.








Local agriculture products


There is a range of opportunities for investors in the agriculture sector given that: the country has 6.3m hectares of agricultural land yet only 2,640,000 hectares are being cultivated and Cuba has a good strategic position for access to Caribbean markets.


Financial Services

The banking system is operated by the state since 1966 through the National Bank of Cuba, which sets interest rates, regulates foreign exchange and issues currency (the Cuban pesos and the Convertible pesos). There is no stock of exchange and it seems that the country will move to the currency unification any time soon as it has been recognised as one of the main causes of the Cuban economy distortion.

Cuban National Bank Building

The main opportunities on this sector are focused on foreign direct investment (FDI) to facilitate the access to external funding sources, the acquisition of banking technology and know-how, etc. This might be undertaken via the purchase of shares in the baking institutions created under the Law of Foreign Investment, JV capitals or 100 % foreign capital institutions as affiliates.

Important to clarify that 100 % Cuban capital financial institutions, as well as the establishment of foreign banks branches are not included in the investment offer. There are also opportunities on activities insurance related in order to develop new products and services and broadening the group of guarantees offered in support of the Foreign Investment process. In addition, it will allow the development of this activity with the access to modern technologies, knowledge and expertise on a wider range of insurance services not available now. On this sense, 100% foreign capital companies may not be created on this activity.


Cuba is in need of a modernised transport infrastructure. Opportunities exist for investors in the following areas:

• development of ports
• enlargement of airports
• road construction
• ship building and repair
• energy efficient cargo and public transport

Havana Port, Cuba

Oil and gas

Almost all Cuban territory, some 100,000 km2, is a prospect for oil exploration as is the zone of shallow waters and its extension towards the deep-water zone. In Cuba, there are several dozen oilfields; most of them have extra-heavy oil although there is also light, medium and very light oil. The oilfields are found at sea and can be accessed from land by horizontal drilling; what allows not only reach the fields but also to attain greater productivity. Cuba’s Exclusive Economic Zone (EEZ) in the Gulf of Mexico shares the same scenarios, the same parent rock, reservoirs and seals of the prolific oil basin of the Gulf of Mexico where gigantic oilfields have been discovered and one of the greatest world-level industries has been developed.

Industrial sector:

• Building plants producing non flexible plastic containers in diverse format for domestic industry, domestic market and export
• Building plants producing flexible containers in diverse forms for industrial products’ filling
• Building and operating a factory of 355 ml lithographed aluminium containers with paints and varnish based coating for packing carbonated drinks and others (Cuba depend on imports in order to meet the total demand of aluminium containers for drinks)
• Building a plant to produce mattresses of different sizes and pillows using clean modern technology for the tourism industry, chains of stores and for export
• Building and operating a modern plant with clean technology to produce a varied assortment of plastic garden furniture for the domestic market and for export.
• Building a production plant for small format personal hygiene items for national tourism industry and export


• Modernizing engineering systems for construction and set ups
• Services for great weights transportation and load handling
• Repairing and modernizing the cellular concrete plant
• Capital repairs service for construction equipment
• Construction of a plant for the production of lightweight concrete and designer concrete
• Aluminium carpentry workshop for high standard productions
• Manufacturing fibre-cement panels

The economic development achieved by Malaysia allows it autonomy in several sectors in which Cuba today is deficient and we could also collaborate, such as food production, production of packages and packaging, of expendable material for the health sector and technical assistance in Finance control for example, just to mention a small number. The possibilities are within our reach, we just have to catch them, being Malaysia driving south-south cooperation and a merchant country for excellence. Cuba assures you that it is a truthful partner.

For further information you can follow the links:

Or visit the Embassy of the Republic of Cuba:


4th Floor, South Block
Wisma Golden Eagle Realty
142A, Jalan Ampang
50450 Kuala Lumpur
Tel: +603-2141 1710; 2141 1495 ; 2141 1654
Fax: + 603-2141 1072
Email: embajador@my.embacuba.cu

Sources: Cuba National Office of Statistics and Information



Bank Negara Malaysia announced Malaysia’s annual gross domestic product (GDP) growth for 2019 was 4.3%.  This has been lowest level since the Global Financial Crisis in 2009 and was partly attributable to supply disruptions, especially in the commodity sector. Overall growth was sustained by higher private sector spending.


Malaysia witnessed a swift change of Government in March 2020 and following that, came an onslaught of unprecedented events that included the middle east oil debacle, volatile financial and equity markets and the Covid-19 pandemic. Needless to say, we are facing very challenging times going forward. We urge members to do the needful to stay safe during these pandemic days.


MASSA had to postpone a number of planned programmes for members. These included a visit to the Selangor Human Resource Development Centre (SHRDC) in Shah Alam, Selangor to learn of their facilities and training programmes to enable, especially SME business operations to be Industry 4.0 ready. A planned visit for members to Drone Academy in Cyberjaya, Selangor has also been rescheduled later in the year.  Drone technology applications are fast developing and has the potential to replace laborious, difficult and dangerous tasks.


In this April newsletter, we bring you a trip report of a MASSA visit to Technology Park Malaysia (TPM) on 20 February 2020.  The Vice President of TPM Park Management & Services, Mr Shahazman Abu Samah  and his team at TPM spent a morning briefing us on the mission and objectives of TPM.  This institution has played a key role to incubate Malaysian cutting edge technology, some of which have had a big economic impact on the country and our export growth.


H.E.  Ibete Fernandez Hernandez, Ambassador of the Republic Cuba to Malaysia visited MASSA secretariat on 22 January 2020.  Her Excellency’s visit had enabled MASSA to establish links with Cuba through her good office in Kuala Lumpur.  Members are encouraged to read articles from The Cuba Weekly, that are now circulated every fortnite to MASSA members.  The potential to establish business links with this untapped market is promising.  We thank Her Excellency for giving readers an interesting article on her country, Cuba.  This country has todate many G2G exchanges with our Government in the health and medical sectors.


We also thank our Malaysian Industrial Development Authority (MIDA) for an article on the range of funding and incentives that our Government has made available for SME businesses in their quest to adopt Industry 4.0 applications in their work processes.  We encourage members to get acquainted with these incentives and to seek out MIDA for further information.

Thank you.


Ng Su Fun

Editorial MASSA

President’s Message


Tan Sri Azman Hashim

President MASSA

Malaysia had an eventful start to the year 2020.  A new Government under Prime Minister, YAB Tan Sri Dato’ Hj Muhyiddin bin Hj Mohd Yassin, came into power in March 2020.  YAB Prime Minister and his new cabinet of ministers had no time to lose but to immediately face enormous challenges that included the sudden drop in global oil prices which led to the drastic fall in global equity markets that rocked the financial markets, following closely on the heels of WHO-declared global Covid-19 pandemic.


In response to the efforts to stem the  global pandemic crisis, Malaysia instituted the “ Movement Control Order “ (MCO) from  18-31 March 2020 and extended to 14 April at the time of writing this message.    Like in many other nations,  this had led to sharp contractions in consumer spending, tourists movement and expenditure, curtailment of airline travel and many other consequent supply chain disruptions in our domestic economy. These consequences will pose downside risks to fiscal revenue forecasts and corporate earnings expectations. The dramatic and swift downturn of markets and the global spread of the Covid-19 pandemic have highlighted the fact that the global community is dependent on the interdependency of all nations. A crisis of such global proportions will need a united global response.

Our Government has a daunting task to work and deploy innovative solutions speedily, opening up public sector assistance to businesses and the rakyat as a key priority to support household incomes in order to maintain stability in the midst of this crisis.


As a business NGO, MASSA is committed to play a role to support our Government to overcome this crisis together. The Economic Action Council (EAC) established on 11 March 2020, chaired by YAB Prime Minister, is open to ideas and constructive suggestions that can be translated to policy measures for the good of the country. MASSA members would have received our Circular (MASSA CIR 020/2020) dated 23 March 2020. Members prompt, considered and constructive responses would be welcome by the EAC.


I would encourage members to take appropriate measures to ensure your employees and families stay safe in these challenging times. Our own  economic situations have been affected in ways unprecedented.  Nevertheless, we should stay calm and ponder the steps to rebuild, innovate and reconnect when this tide passes.  Our sacrifices today for a better world tomorrow will not be in vain.


Tan Sri Azman Hashim



Sunway Construction Group Bhd

Sunway Construction Group 201401032422 (1108506-W)
About Us: Sunway Construction Group Berhad (SunCon) is Malaysia’s largest pure-play construction group that provides a full range of integrated design and construction services including building, civil engineering / infrastructure, foundation and geotechnical engineering, mechanical, electrical and plumbing (MEP) services, manufacturing and sale of precast concrete products and renewable energy solutions. Since inception in 1976, SunCon has been responsible for the construction of internationally-recognised landmarks and structures of national significance such as Legoland Malaysia Theme Park, KL Convention Centre, Government buildings in Putrajaya, Kajang-SILK Highway and Malaysia’s first Bus Rapid Transit system (BRT-Sunway Line). SunCon is currently undertaking the MRT2 Package V201, LRT3 Package GS0708, Tenaga Nasional Berhad Campus in Bangsar, and Petronas Leadership Center, among others and is actively venturing into the ASEAN region.
What We Buy:
What We Sell: We provide a full range of integrated design and construction services including building, civil engineering / infrastructure, foundation and geotechnical engineering, MEP services, manufacturing and sale of precast concrete products and renewable energy solutions; offering end-to-end solutions for our clients as well as control over timely delivery and quality. Our construction services business is further strengthened by the use of Virtual Design and Construction (VDC) technology.
Contact: Senior General Manager
Job Title: Commercial Department
Location: Level 8, Menara Sunway,
Jalan Lagoon Timur, Bandar Sunway,
47500 Selangor Darul Ehsan,
Tel/Fax No: Tel. No: +603 5639 9696 Fax No:+603 5639 9601
Industry: Construction / Engineering Services
Email: enquirysuncon@sunway.com.my
Website: http://www.sunwayconstruction.com.my

Sunway Money Sdn Bhd

Sunway Money Sdn. Bhd. (1220176-V)
About Us: Sunway Money is a 100% owned subsidiary of Sunway Berhad and is a completely online remittance house licensed by the Regulators.

By utilising fintech technology and being purely online, Sunway Money is able to offer competitive remittance services around the clock anywhere and anytime. Sunway Money provides customers with competitive exchange rates and low transaction fee for every remittance. Customers are assured that their recipients will receive the full amount they sent without any deduction.

What We Buy:
What We Sell: Remittance services
Contact: hello@sunwaymoney.com
Job Title:
Location: Level 14, Menara Sunway,
Jalan Lagoon Timur, Bandar Sunway,
47500 Subang Jaya,
Selangor Darul Ehsan
Tel/Fax No: Tel. No: +603 5639 8889 Fax No:+603 5639 9566
Industry: Finance
Email: hello@sunwaymoney.com
Website: www.sunwaymoney.com

Marvellous Century Sdn Bhd

Marvellous Century Sdn Bhd (327952-M)
About Us: Marvellous Century Sdn. Bhd. is a real estate investment company incorporated since 1994. Our company comprised of multiple shareholders where having multiple sources for capital investments provides a greater pool of capital and a greater ability to invest more broadly. Our core business is to buy, renovate, rent, or sell real estate properties for the purpose of obtaining returns while taking responsibility for administration and maintenance of the property.
What We Buy: Shop lots, Shop Offices, Vacant Lands and Warehouses.
(Within Klang Valley.)
What We Sell: Rental and properties.
Contact: Kuah Wen Tu
Job Title: Business Development Manager
Location: No. 1-5 (5 th Floor Block A), Jalan PJS 5/30
Pusat Dagangan Petaling Jaya Selatan (PJCC),
46150 Petaling Jaya,
Selangor Darul Ehsan.
Tel/Fax No: Tel. No: +603-7781 9052 Fax No:+603-7781 9055
Industry: Property & Real Estate.
Email: kuahwentu@hotmail.com

Sunway International Hotels & Resorts

Sunway International Hotels & Resorts Sdn Bhd (199701015157)

About Us: Sunway Hotels & Resorts operates a portfolio of 12 hotels in Malaysia, Cambodia and Vietnam, representing over 3,000 guestrooms, suites and villas at its owned and managed properties. The Hospitality Group operates a diverse portfolio of hospitality assets and services that includes ownership and management of an integrated resort city with a cluster of hotels with large scale convention, meeting and exhibition facilities, to private villa resorts, a wellness retreat and a collection of 5, 4 and 3-star hotels in mixed-use development.

Sunway Resort Hotel & Spa, Sunway City Kuala Lumpur
Sunway Pyramid Hotel, Sunway City Kuala Lumpur
Sunway Clio Hotel, Sunway City Kuala Lumpur
Sunway Putra Hotel Kuala Lumpur
Sunway Velocity Hotel Kuala Lumpur
The Banjaran Hotsprings Retreat, Ipoh, Perak
Sunway Lost World Hotel, Ipoh, Perak
Sunway Hotel Georgetown, Penang
Sunway Hotel Seberang Jaya, Penang
Sunway Hotel Phnom Penh, Cambodia
Sunway Hotel Hanoi, Vietnam
Sunway Big Box Hotel, Johor (Opening Soon)

What We Buy:
What We Sell: Accommodation, dining, meetings, conferences, spa & wellness, banquets, social events and conventions, holiday packages with theme park & shopping mall and corporate & long stay rates.
Contact: Farizal B. Jaafar
Job Title: Group Director of Brand Marketing & Communications
Location: Sunway International Hotels & Resorts,
c/o Sunway Resort Hotel & Spa,
Persiaran Lagoon, Bandar Sunway
47500 Selangor Darul Ehsan Malaysia
Tel/Fax No: Tel. No: +603 7492 8000 Fax No:+603 7492 8001
Industry: Hotel / Hospitality
Email: shr.corporate@sunwayhotels.com
Website: http://www.sunwayhotels.com

Forthcoming Events


1)  7 January 2019 Visit and Briefing Sesssion on UM Living Labs,

     Universiti Malaya, Kuala Lumpur

MASSA will be organising a visit and briefing session on UM Living Labs at Universiti Malaya, Kuala Lumpur on 7 January 2019 at 10:00am for MASSA members at:-  

UM Eco-Campus Secretariat & UM Living Labs
The Cube, Level 4
Research Management & Innovation Complex (RMIC)
Universiti Malaya
50603 Kuala Lumpur
Tel: +603-7967 4635
Person-In-Charge: Ms. Nur Fatehah Raudhah


The UM Living Lab Grant Programme (UM LLGP) was set up under the purview of Sustainability Science Research Cluster (SUSCI), with strategic partnership between DVC (Research & Innovation) and DVC (Development) UM.  The Philosophy behind the Living Lab idea is to convert university campuses to Living Labs which is a combined lab/household system, analysing existing product‐service‐systems as well as technical and socioeconomic influences focused on the social needs of people, aiming at the development of integrated technical and social innovations and simultaneously promoting the conditions of sustainable development (highest resource efficiency, highest user orientation, etc).

UM LLGP serves as a knowledge/action research platform for the Department of Development and Estate Maintenance (JPPHB) as the process owner (in waste management, water management, energy management, and greening & biodiversity) to gradually improve the sustainability of their operations.

The Value of Living Labs to UM 

Source: https://www.um.edu.my/um-living-labs-umll


(2)  20 February 2020 – Visit and Briefing at Technology Park Malaysia,

      Bukit Jalil, Kuala Lumpur 

Technology Park Malaysia Corporation Sdn Bhd (TPM) is the innovation facilitator and technology enabler of Malaysia. It was established by the Ministry of Finance, Malaysia in 1996 and operates under the auspices of the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC).

As the national driver of innovation and technology, TPM manages and operates Malaysia’s leading and premier 686-acre technology park campus in Bukit Jalil, Kuala Lumpur. With its modern infrastructure and state-of-the-art facilities, it boasts as the only 4th generation incubator service provider in the country offering a comprehensive range of services.

More than 3,000 technology driven companies have benefited from TPM – both local and multi-national within various clusters of industry. The ICT cluster had recorded the highest tenancy within TPM followed by Engineering and Biotech, Telecommunication and Content, and Support Services.

Malaysian companies, particularly the SMEs, can benefit from the assistance and support provided by TPM in technology commercialisation through their advisory and consultancy services in technology transfer facilitation, project management, strategic management advice, market research and opportunity analysis and professional development programs.

We are pleased to inform that a visit and briefing session at TPM have been arranged for MASSA members on 20 February 2020 at 10:00am at:-

Technology Park Malaysia Corporation Sdn Bhd
Level 5, Enterprise 4
Bukit Jalil
57000 Kuala Lumpur
Tel: +603 8998 2020
Website: http://www.tpm.com.my/about-tpm/


(3)  20 – 23 April 2020 – 6th Transform Africa Smart Summit at Conarkry, Guinea


Smart Africa – Business Linkages with African Countries


SMART Africa is a bold and innovative commitment from African Heads of State and Government to accelerate sustainable socioeconomic development on the continent, ushering Africa into a knowledge economy through affordable access to Broadband and usage of Information and Communications Technologies.

The Transform Africa Summit held in Kigali, Rwanda on 28th-31st October 2013 culminated in the adoption of the Smart Africa Manifesto document by seven (7) African Heads of States (Rwanda, Kenya, Uganda, South Sudan, Mali, Gabon, Burkina Faso) in which they committed to provide leadership in accelerating socio-economic development through ICT’s.

On 30th-31st January 2014, The SMART Africa Manifesto was endorsed by all Heads of State and Government of the African Union at the 22nd Ordinary Session of the Assembly of the African Union in Addis Ababa. This development places the Manifesto at the heart of the ICT agenda in Africa beyond just the 7 original signatories at the Summit to all the 53 African countries.

The Smart Africa Alliance has since grown to include 24 African countries that represent 600+ million people.

The Alliance is a framework for implementation, monitoring and evaluation of the SMART Africa Manifesto designed to make it actionable. Currently, the Alliance is a partnership bringing together all African countries adhering to the Manifesto represented by the AU, the ITU, World Bank, AfDB, ECA, the GSMA, ICANN and the Private Sector.

Besides its initial membership, other organizations and countries sharing the same vision, interests and goals will be admitted to the Alliance.

The SMART Africa Alliance has five pillars which reflect the five principles of the Smart Africa Manifesto. These pillars are:-  

(1) Policy,

(2) Access,

(3) e-Government,

(4) Private Sector/Entrepreneurship and

(5) Sustainable Development.


The pillars mentioned above are built on four, cross-cutting enablers which will support the implementation of SMART Africa. These enablers are:- 

(1) Innovation

(2) Communications and Advocacy

(3) Capacity Building and

(4) Resource Mobilization.


The five pillars and four enablers, when effectively developed and combined, will contribute to Economic Growth and Job creation which remains the ultimate goal of the Smart Africa Manifesto.


Country flagships:

High-Tech Parks


Republic of Angola

Innovation & Knowledge Cities


Republic of Benin

Capacity Building / Smart Africa Scholarship Fund


Republic of Burkina Faso

Creative Economy


Republic of Chad

Cyber Security


Republic of Cote d’Ivoire

Data Centers


Republic of Djibouti

Innovation & Entrepreneurship


Republic of Egypt

ICT Industry Development


Republic of Gabon

Intra-african cross-border connectivity


Republic of Guinea

SMART e-Payment


Republic of Ghana

Digital Economy


Republic of Kenya

Entrepreneurship Youth Innovation and Job Creation


Republic of Mali

SMART Villages


Republic of Niger

SMART Cities & Communities


Republic of Rwanda

Electricity for 125M families


Republic of Rwanda

Africa Digital Literacy


Republic of South Sudan

Access (Broadband) & Green Economy


Republic of Senegal

SMART Energy & Blue Economy


Republic of Togo

Big Data & Data Measurement for Development


Republic of Uganda

Start-up and Innovations Ecosystems


Republic of Tunisia

Source: https://smartafrica.org/country-flagships/#


The Transform Africa Summit is the Smart Africa flagship event. Following five successful editions, the sixth summit will take place in Conakry, Guinea, from 20 – 23 April 2020.  Source: https://transformafricasummit.org/en/

Under the theme “Integrating Africa”, the Summit is expected to attract over 4000 participants, including Heads of State and Government, First Ladies, UN Broadband Commissioners, Regulators, Public & Private Sector, International Organizations, Industry Leaders, Investors, Entrepreneurs, Young Innovators, Civil Society and Academia.

Mr Ismail Nabe of the Malaysian African Professionals and Entrepreneurs Association (MAPE) informed that the Director-General of SMART Africa visited the Ministry of International Trade & Industry (MITI) in October 2019 and had invited Malaysia to the Transform Africa 2020 event.

This is in line with the MITI’s strategy to promote Malaysian businesses in and with Africa. MITI has planned to organise Trade & Investment Mission to Africa in year 2020, led by YB Minister of MITI.   A meeting was held with MASSA to discuss potential African countries that Malaysian business people could visit to explore business opportunities.

MASSA had proposed to organise a business mission to Ethiopia and Uganda in Africa to look at new business opportunities there.  The visit could also include Mali as there are opportunities for the construction industry sector to explore projects in these countries.


(4)  6th Showcase Malaysia In Dhaka, Bangladesh 

The Bangladesh-Malaysia Chamber of Commerce & Industry (BMCCI) will be organising the 6th Showcase Malaysia in Dhaka, Bangladesh in 2020.   MASSA will keep members informed when the dates for the event are confirmed.  Please look out in our weekly circulars for further information on this event.