MIDA and Hyundai Motor Malaysia Drive Strategic Supply Chain Development, Strengthening Malaysia’s Automotive Industry
Empowering Local Vendors, Strengthening Malaysia’s New Energy Ecosystem, and Building
Global Partnerships
- A high-impact Supplier Development and Partnership Programme, organised by MIDA, in collaboration with Hyundai, reinforces Malaysia’s position as a rising regional hub in the new energy and mobility ecosystem through localisation and technology transfer.
- The initiative connects 12 Malaysian vendors with Hyundai and 36 of its global Tier-1 suppliers to encourage joint ventures, technical assistance, and technology cooperation parnerships.
- The collaboration supports advancing manufacturing capabilities by boosting high-value supply chains and accelerating technology adoption in advanced manufacturing.
Kuala Lumpur, Malaysia; Seoul, The Republic of Korea (ROK) – 3 November, 2025 – The Malaysian Investment Development Authority (MIDA) in collaboration with Hyundai Motor Malaysia (HMY) organised a five-day Supply Chain Development and Partnership Programme to strengthen Malaysia’s localisation capabilities, enhance the technical expertise of local vendors, and support the country’s transition towards an advanced new energy ecosystem
Held from 27 to 31 October 2025 in ROK, the programme brought together 12 Malaysian vendors and 36 Hyundai global Tier-1 suppliers for exclusive business matching sessions, factory visits, and technology sharing engagements designed to promote collaboration and knowledge exchange. Participants also visited Hyundai’s Asan Plant and Hyundai Motor Studio, gaining first-hand insights into the company’s advanced manufacturing systems and innovation in mobility solutions.
Driving the Future Together
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO, emphasised the importance of this collaboration, stating, “This partnership marks an important step in strengthening Malaysia’s position as a leading regional automotive player, in line with the National Automotive Policy (NAP) and the New Industrial Master Plan (NIMP) 2030. It reflects our steadfast commitment to driving industry transformation through innovation, technology transfer, and strong public-private collaboration. Through this partnership with Hyundai, MIDA seeks to empower Malaysian vendors to move up the value chain, enhance local capabilities, attract quality investments, and accelerate the nation’s transition towards next-generation mobility.”
Through this strategic collaboration, MIDA and Hyundai are working hand in hand to connect Malaysian vendors with regional and global Tier-1 suppliers, opening new pathways for long-term partnerships and market access. Beyond capability building, the programme also lays the groundwork for future joint ventures, technical alliances, and co-development projects, fostering a more resilient and innovation-led supply chain for Malaysia’s new energy industry.
Strengthening Malaysia’s Position in the Region
Four Memorandums of Understanding (MoUs) were also signed between Malaysian and Korean vendors to support Hyundai’s vehicle production in Malaysia through technical collaboration. This partnership is vital for strengthening the local automotive ecosystem by giving Malaysian technical vendors access to advanced technologies and manufacturing expertise. This will elevate product quality, improve efficiency, and expand technical capabilities, aligning with global standards. The collaboration also promotes local participation in the automotive supply chain, reducing import dependency while stimulating innovation, skilled job creation, and sustainable growth within Malaysia’s automotive industry.
Commitment to Long-Term Growth
“Hyundai remains deeply committed to Malaysia not only as an investor, but as a long-term partner in progress,” said Jahabarnisa Haja Mohideen, Managing Director of Hyundai Motor Malaysia. “We look forward to continuing our collaboration with MIDA, our supply chain partners, and the wider automotive ecosystem to drive sustainable growth for our partners, the economy, the government, and ultimately, our customers.”
The collaboration builds on Hyundai’s broader efforts to localise production and nurture technology-driven partnerships across the region. As part of its global vision of Progress for Humanity, Hyundai continues to champion innovation and inclusive growth: bringing world-class mobility solutions closer to communities while contributing to national economic development.
Standing from left to right: Ms Jahabarnisa Haja Mohideen, Managing Director, Hyundai Motor Malaysia, Ms Sudiana Muhamad Nawati, Deputy Director of Transportation Technology Division, MIDA and Mr. Kyu Weon Kang, Head of Procurement, Hyundai Manufacturing Malaysia Sdn. Bhd.
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About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.
About Hyundai Motor Company
More information about Hyundai Motor and its products can be found at: https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai.
For More Information, Please Contact:
MIDA
Ms. Noor Suziyanti Saad
Director, Transportation Technology Division, MIDA
Email: [email protected]
DL: +603-2267 3575
HYUNDAI MOTOR MALAYSIA
Chegne Shuk Yin
Public Relations
[email protected]
+6016-225 7830
Farisya Khairuddin
Public Relations / Innocean Malaysia
[email protected]
+6012-405 0381
Karisma Krishnasamy
Public Relations / Mad Hat Asia
[email protected]
+6016-205 0174
