Summary
HAVING served the Malaysian Industrial Development Authority (Mida) from the day he ventured out to work upon graduating from Universiti Malaya with a Bachelor of Economics (Accounting) in 1972, Datuk R Karunakaran has been through thick and thin at the Government's principal agency for the promotion and coordination of industrial development.
From his maiden posting with the Industrial Studies & Surveys Division, the 57-year-old Karu, as he is popularly known in the agency, climbed through the rank and file to assume the post of director of Mida Singapore in 1978-1983, Mida Cologne (overseeing Germany, Belgium, the Netherlands, Austria and Eastern Europe) in 1983-1989 and Mida London (overseeing the United Kingdom and Ireland) in 1991-1995.See the full content of this document
Extract
Mida Comes of Age
Upon his return from the UK, Karunakaran was appointed Mida's Director of the Industrial Promotion Division in 1995 before assuming the post of Deputy Director-General of the agency in 2001. Married with two boys, he was promoted to his current post of Mida Director-General in September 2004.
Malaysian Business catches up with Karunakaran for his take on what constitutes Mida's milestones since its inception 41 years ago. Excerpts:What have been Mida's achievements since its inception?Mida has evolved from an agency primarily responsible for the promotion and coordination of industrial development to its present role, which includes the promotion of the services sector (excluding utilities and financial services) and the promotion of cross-border investments.Mida has contributed significantly to the transformation of the Malaysian economy, which has diversified and expanded from being a commodity-based economy in the 1960s to an industrialised economy today.In 2006, Ma...See the full content of this document
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