Strike Force Visit to Japan by Datuk Wira Arham Abdul Rahman, CEO of MIDA - MIDA | Malaysian Investment Development Authority
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Strike Force Visit to Japan by Datuk Wira Arham Abdul Rahman, CEO of MIDA

>Highlights>Strike Force Visit to Japan by Datuk Wira Arham Abdul Rahman, CEO of MIDA

Strike Force Visit to Japan by Datuk Wira Arham Abdul Rahman, CEO of MIDA

16 - 20 January 2024, Tokyo, Japan

Malaysia and Japan share a common goal of achieving net-zero carbon emissions by 2050, spanning across various industries and activities. The recent Strike Force visit, led by Datuk Wira Arham Abdul Rahman, CEO of MIDA, from January 16 to 20, 2024, in Tokyo, marked a significant step towards achieving this goal. The mission, pivotal in its objective; aimed to invite Japanese companies renowned for their innovation to integrate into Malaysia’s Electric Vehicles (EV) ecosystem and green sustainable investments landscape. Accompanied by Mr. Mohd Riduan Abd. Rahman, Director of MIDA Transport Technology Division, the delegation was expertly facilitated by MIDA Tokyo and Osaka.

 

The visit has provided valuable opportunities for robust exchanges and collaboration opportunities, attracting Japanese companies involved in automotive, EV components, aerospace, chemical, electrical and electronics, and net-zero carbon emissions investments.

Malaysia has solidified its position as a reliable manufacturer of products ranging from semiconductors to automobiles, forming a robust foundation for the EV and High Technology ecosystems. As a strategic player in developing EV and automotive ecosystems, the nation continues to welcome more EV component producers, EV battery manufacturers, and other high-tech semiconductor-related entities.

 

Noteworthy Japanese companies, such as DENSO, Showa Denko, TDK, NHK Spring and others, are already integral parts of this ecosystem. Apart from that, Malaysia has witnessed announcements and investments from many global EV giants such as Tesla, BYD, Volvo, and Samsung SDI, further positioning Malaysia as a global regional hub.

Malaysia’s commitment to sustainability is evidenced by initiatives like the New Industrial Master Plan (NIMP) 2030, the National Energy Transition Roadmap (NETR) and the Hydrogen Economy and Technology Roadmap (HETR). These initiatives unlock investment opportunities in Malaysia, showcasing the nation’s dedication to creating long-term plans for a sustainable and high-technology industrial ecosystem.

 

Building on the momentum of the Prime Minister of Malaysia Working Visit in December 2023, the Strike Force is important in fostering detailed discussions with Japanese companies to encourage further investment in Malaysia. MIDA Tokyo and Osaka remain committed to actively engaging Japanese companies in the EV ecosystem, driving sustainable innovation forward in Malaysia.

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