KUALA LUMPUR 20 April 2026 (The Capital Post) – The Federation of Malaysian Manufacturing (FMM) has signed a memorandum of understanding (MoU) with the Hong Kong Productivity Council (HKPC) to enhance industrial cooperation and boost cross-border partnerships between Malaysia and Hong Kong.
The agreement aims to promote collaboration in areas such as smart manufacturing, digital transformation and innovation, as both parties seek to strengthen industrial capabilities and competitiveness in their respective economies.
Under the MoU, FMM and HKPC will work together to facilitate knowledge exchange, technology adoption and capacity-building initiatives, particularly among small and medium-sized enterprises (SMEs). The partnership is also expected to support businesses in leveraging advanced technologies such as automation, artificial intelligence and Industry 4.0 solutions.
Both organisations emphasised the importance of fostering stronger regional ties to help industries adapt to evolving global challenges, including supply chain disruptions and the need for sustainable manufacturing practices.
The collaboration reflects broader efforts to deepen Malaysia-Hong Kong economic linkages, with both sides looking to create more opportunities for joint ventures, investment and industrial upgrading.
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FMM noted that the partnership aligns with Malaysia’s ongoing push for industrial transformation under national development plans, which prioritise productivity growth, innovation and technological advancement.
Meanwhile, HKPC highlighted its role in supporting enterprises through research and development, as well as providing practical solutions to enhance efficiency and competitiveness in manufacturing sectors.
Industry observers said such partnerships are increasingly important as businesses across Asia accelerate digitalisation efforts and seek cross-border collaborations to remain competitive in a rapidly changing economic landscape.
The MoU is expected to pave the way for future joint initiatives and projects, reinforcing ties between Malaysian and Hong Kong industries while supporting long-term growth and innovation. -The Capital Post