The government of Malaysia has introduced a National Policy on Industry 4.0, known as Industry4WRD. The policy aims to pave the way for enhanced productivity, job creation and high-skilled talent pool in the manufacturing sector, and ultimately contribute to the economic prosperity and societal well-being. Further, it would encourage development of innovative capacity and capability of manufacturing sector and related services to create Malaysia's own technologies, products and services

Discuss how Industry4WRD policy will give impact on the fundamental economic problems in Malaysia.