Automation projects shall be for use in at least one of the areas as follows:
- Material handling
- Inspection and testing
- Other activities which are part of the manufacturing process
Projects should incorporate elements of Industry 4.0 (i.e. Real time data collection and statistical analysis and reporting).
The Fund does not cover:
- Purchase of automation equipment or system for investment in a new plant or new products.
- Duplication of existing equipment.
Preliminary Readiness Assessment Scheme
MRC encourages rubber processors and rubber products manufacturers to participate in the Industry4WRD Readiness Assessment (RA) Programme offered by the Ministry of Investment, Trade and Industry (MITI).
The Industry4WRD Readiness Assessment Scheme is an additional incentive offered by MRC for eligible companies to claim full reimbursement of Industry4WRD RA fees up to RM20,000 per company.
Upon completion of the assessment and full payment to the Assessor Bodies registered under Malaysia Productivity Corporation (MPC), the companies are required to submit project applications under the "Automation & Digitalization" categories within six (6) months. The reimbursement claim will not be affected by the Select Committee's decision on the submitted project applications.
The companies that benefitted from this scheme will be ineligible for tax reduction under the Deduction for Expenditure on Industry4WRD Readiness Rules 2020.