KUALA LUMPUR, Oct 15 (Bernama) -- Budget 2027 is expected to support the machinery and engineering (M&E) industry’s transition towards higher-value activities while enhancing its competitiveness, said the Machinery and Engineering Industries Federation (MEIF).
Business : Budget 2027 To Drive M&E Industry Towards Higher-value Activities, Enhance Competitiveness -- MEIF
Budget 2027, M&E, manufacturing, Mac Ngan Boon, e
Key takeaways
Budget 2027 aims to boost the M&E industry by supporting higher-value activities and competitiveness through tax incentives and financing.
- Budget 2027 includes tax breaks and financing for M&E industry growth.
- Support focuses on equipment modernisation and export capabilities.
- M&E plays a key role in Malaysia's industrial transformation and development.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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- Bernama Business : Budget 2027 To Drive M&E Industry Towards Higher-value Activities, Enhance Competitiveness -- MEIF (this story)
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