HKPC and Federation of Malaysian Manufacturing Sign MoU Joining Forces to Build a New Regional Value Chain and Drive Industrial Upgrading across ASEAN
April 21, 2026
Head Office, KL
(Kuala Lumpur, April 21, 2026) Hong Kong has long maintained a robust bilateral relationship with Malaysia. As ASEAN’s third-largest economy, Malaysia possesses strong manufacturing and service sectors and stands as Hong Kong’s eighth-largest trading partner. Amidst the global restructuring of supply chains, Hong Kong leverages its unique position as an international innovation and technology centre anchored by its regional connectivity while remaining integrated with the world. It serves as a vital springboard and strategic hub for Malaysian enterprises expanding into regional markets and for emerging firms seeking to go global. The Hong Kong Productivity Council (HKPC) and the Federation of Malaysian Manufacturing (FMM) have signed a Memorandum of Understanding (MoU), marking the establishment of a deep strategic partnership. By integrating the resource advantages of both regions, the collaboration will provide technological innovation and market expansion support for enterprises in Hong Kong and Malaysia, optimising global supply chain layouts and helping Hong Kong better implement the “Bringing in and Going Global” strategy to seize regional development opportunities within ASEAN.
The signing ceremony of the MoU took place in Kuala Lumpur, Malaysia on April 20, 2026. Witnessed by Mr Jacob Lee Chor Kok, President of FMM; Tan Sri Dato’ (Dr) Soh Thian Lai, President Emeritus of FMM; Mr Owin Fung Ho Yin, Director of the Hong Kong Economic and Trade Office in Kuala Lumpur; and Hon Sunny Tan, Chairman of HKPC, the MoU was signed by Datuk Dr Yeoh Oon Tean, CEO of FMM, and Mr Mohamed D. BUTT, Executive Director of HKPC. This collaboration will facilitate the development of a new value chain connecting Hong Kong, Malaysia and ASEAN, driving new industrialisation in both regions while accelerating industrial upgrading and technological application.
Hon Sunny Tan, Chairman of HKPC, said, “Under the national 15th Five-Year Plan, Hong Kong has become a vital platform for enterprises to go global. Malaysia maintains robust ties with the Asian region, as well as the global industrial and trade markets. The signing of this MoU between HKPC and FMM marks a key milestone in the collaboration on industrial modernisation. We are committed to technological innovation, with a focus on enhancing expertise in automation, Industry 4.0, AI, and robotics, and actively building business matching platforms to facilitate business opportunities and expand our scope of cooperation. This not only deepens the partnership between the two organisations, but also establishes a strategic hub connecting Hong Kong with the ASEAN market. Hong Kong will fully leverage its ‘Bringing in and Going Global’, helping Malaysian enterprises precisely connect with the vast regional and global market while supporting Hong Kong companies in rooting themselves in ASEAN, co-creating a resilient and innovative cross-border value chain.”
Mr Jacob Lee Chor Kok, President of FMM, stated, “This MoU is just the beginning with our roadmap including joint technical training, workshops, technology visits and pilot projects to provide our members with first-hand exposure to the latest manufacturing innovations. We envision a future where Malaysian and Hong Kong companies collaborate on research and development (R&D), pilot new technologies and co-create solutions for emerging challenges”
Six Key Areas to Empower New Regional Industrial Upgrading
HKPC and FMM will launch comprehensive cooperation to help enterprises transform technological empowerment into competitive advantage in today’s dynamic market. The two parties will focus on Smart Manufacturing & Industry 4.0, AI & Robotics Innovation, Digital Transformation & Cybersecurity, Cross-border Business Ecosystems and Talent Development.
This collaboration integrates FMM’s extensive supply chain network of over 4,000 member enterprises with HKPC’s profound R&D capabilities in product innovation and technology transfer. Through organising delegations, professional training, business matching, and technical seminars, we will assist enterprises in precisely mastering cutting-edge technologies and market trends. Furthermore, by promoting reciprocal visits between enterprises in both regions, we aim to foster mutual economic and trade empowerment. This synergy not only strengthens corporate resilience against supply chain risks but also ensures that enterprises from both regions secure a proactive position in global supply chain competition, co-creating a distinct competitive advantage.
Witnessed by Mr Jacob Lee Chor Kok, President of FMM (back row, second left); Tan Sri Dato’ (Dr) Soh Thian Lai, President Emeritus of FMM (back row, first left); Mr Owin Fung Ho Yin, Director of the Hong Kong Economic and Trade Office in Kuala Lumpur (back row, first right); and Hon Sunny Tan, Chairman of HKPC (back row, second right), the MoU was signed by Datuk Dr Yeoh Oon Tean, CEO of FMM (front row, left), and Mr Mohamed D. BUTT, Executive Director of HKPC (front row, right)
Mr Jacob Lee Chor Kok, President of FMM, expressed his aspiration that Malaysian and Hong Kong enterprises will pursue collaboration in research and development (R&D), test new technologies, and jointly develop solutions to address emerging challenges.
In his remarks, Hon Sunny Tan, Chairman of HKPC, shared that the Memorandum of Understanding between the HKPC and FMM not only deepens the partnership between the two organisations, but also connects the strategic hubs of Hong Kong with the ASEAN market.
The Hong Kong Productivity Council and the Federation of Malaysian Manufacturing signed a Memorandum of Understanding, marking the establishment of a deep strategic partnership and integration of the resource advantages of both regions.
About FMM
The Federation of Malaysian Manufacturing (FMM) (formerly known as Federation of Malaysian Manufacturers) has been the voice of the Malaysian manufacturing sector since 1968, advocating policies and initiatives that drive industrial growth, competitiveness and workforce development. Representing over 13,300 member companies (4,200 direct and 9,100 indirect) from the manufacturing supply chain, FMM is actively engaged with government and its key agencies at Federal, State and local levels. FMM is also well-linked with international organisations, Malaysian businesses and civil society. Apart from benefitting from FMM’s advocacy, FMM members enjoy value-added services including training, business networking and trade opportunities as well as regular information updates.
Media Enquiries:
Han Mong Ying, Senior Manager, Corporate Affairs
Tel : 03-6286 7200 | Email: webmaster@fmm.org.my
About Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.
HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.
To help enterprises capitalise on Hong Kong's strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.
HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical, assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.
For more information, please visit HKPC‘s website: www.hkpc.org/en.
The signing ceremony of the MoU took place in Kuala Lumpur, Malaysia on April 20, 2026. Witnessed by Mr Jacob Lee Chor Kok, President of FMM; Tan Sri Dato’ (Dr) Soh Thian Lai, President Emeritus of FMM; Mr Owin Fung Ho Yin, Director of the Hong Kong Economic and Trade Office in Kuala Lumpur; and Hon Sunny Tan, Chairman of HKPC, the MoU was signed by Datuk Dr Yeoh Oon Tean, CEO of FMM, and Mr Mohamed D. BUTT, Executive Director of HKPC. This collaboration will facilitate the development of a new value chain connecting Hong Kong, Malaysia and ASEAN, driving new industrialisation in both regions while accelerating industrial upgrading and technological application.
Hon Sunny Tan, Chairman of HKPC, said, “Under the national 15th Five-Year Plan, Hong Kong has become a vital platform for enterprises to go global. Malaysia maintains robust ties with the Asian region, as well as the global industrial and trade markets. The signing of this MoU between HKPC and FMM marks a key milestone in the collaboration on industrial modernisation. We are committed to technological innovation, with a focus on enhancing expertise in automation, Industry 4.0, AI, and robotics, and actively building business matching platforms to facilitate business opportunities and expand our scope of cooperation. This not only deepens the partnership between the two organisations, but also establishes a strategic hub connecting Hong Kong with the ASEAN market. Hong Kong will fully leverage its ‘Bringing in and Going Global’, helping Malaysian enterprises precisely connect with the vast regional and global market while supporting Hong Kong companies in rooting themselves in ASEAN, co-creating a resilient and innovative cross-border value chain.”
Mr Jacob Lee Chor Kok, President of FMM, stated, “This MoU is just the beginning with our roadmap including joint technical training, workshops, technology visits and pilot projects to provide our members with first-hand exposure to the latest manufacturing innovations. We envision a future where Malaysian and Hong Kong companies collaborate on research and development (R&D), pilot new technologies and co-create solutions for emerging challenges”
Six Key Areas to Empower New Regional Industrial Upgrading
HKPC and FMM will launch comprehensive cooperation to help enterprises transform technological empowerment into competitive advantage in today’s dynamic market. The two parties will focus on Smart Manufacturing & Industry 4.0, AI & Robotics Innovation, Digital Transformation & Cybersecurity, Cross-border Business Ecosystems and Talent Development.
This collaboration integrates FMM’s extensive supply chain network of over 4,000 member enterprises with HKPC’s profound R&D capabilities in product innovation and technology transfer. Through organising delegations, professional training, business matching, and technical seminars, we will assist enterprises in precisely mastering cutting-edge technologies and market trends. Furthermore, by promoting reciprocal visits between enterprises in both regions, we aim to foster mutual economic and trade empowerment. This synergy not only strengthens corporate resilience against supply chain risks but also ensures that enterprises from both regions secure a proactive position in global supply chain competition, co-creating a distinct competitive advantage.
Witnessed by Mr Jacob Lee Chor Kok, President of FMM (back row, second left); Tan Sri Dato’ (Dr) Soh Thian Lai, President Emeritus of FMM (back row, first left); Mr Owin Fung Ho Yin, Director of the Hong Kong Economic and Trade Office in Kuala Lumpur (back row, first right); and Hon Sunny Tan, Chairman of HKPC (back row, second right), the MoU was signed by Datuk Dr Yeoh Oon Tean, CEO of FMM (front row, left), and Mr Mohamed D. BUTT, Executive Director of HKPC (front row, right)
Mr Jacob Lee Chor Kok, President of FMM, expressed his aspiration that Malaysian and Hong Kong enterprises will pursue collaboration in research and development (R&D), test new technologies, and jointly develop solutions to address emerging challenges.
In his remarks, Hon Sunny Tan, Chairman of HKPC, shared that the Memorandum of Understanding between the HKPC and FMM not only deepens the partnership between the two organisations, but also connects the strategic hubs of Hong Kong with the ASEAN market.
The Hong Kong Productivity Council and the Federation of Malaysian Manufacturing signed a Memorandum of Understanding, marking the establishment of a deep strategic partnership and integration of the resource advantages of both regions.
- End -
About FMM
The Federation of Malaysian Manufacturing (FMM) (formerly known as Federation of Malaysian Manufacturers) has been the voice of the Malaysian manufacturing sector since 1968, advocating policies and initiatives that drive industrial growth, competitiveness and workforce development. Representing over 13,300 member companies (4,200 direct and 9,100 indirect) from the manufacturing supply chain, FMM is actively engaged with government and its key agencies at Federal, State and local levels. FMM is also well-linked with international organisations, Malaysian businesses and civil society. Apart from benefitting from FMM’s advocacy, FMM members enjoy value-added services including training, business networking and trade opportunities as well as regular information updates.
Media Enquiries:
Han Mong Ying, Senior Manager, Corporate Affairs
Tel : 03-6286 7200 | Email: webmaster@fmm.org.my
About Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.
HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.
To help enterprises capitalise on Hong Kong's strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.
HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical, assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.
For more information, please visit HKPC‘s website: www.hkpc.org/en.
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