MIDA and CIMB Bank Berhad formalised a strategic partnership on 23 October 2025 to accelerate high-value, sustainable investments and strengthen Malaysia’s competitiveness. Through the MoU, both organisations will jointly develop investment-focused programmes that provide tailored financing, cross-border advisory, and sustainable financial solutions to support technology adoption, supply chain resilience, and regional business expansion.

Leveraging CIMB’s regional banking network and MIDA’s sector expertise, the collaboration aims to help Malaysian companies, particularly SMEs, to scale into regional value chains, integrate into high-impact sectors, and meet ESG and green-transition goals. The partnership also includes data insights, knowledge-sharing, and coordinated outreach to enhance investor engagement and reinforce Malaysia’s position as a trusted, forward-looking investment destination.

MIDA CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid highlighted the MoU as a decisive step in mobilising quality investments that deepen industrial ecosystems and empower local enterprises. While, CIMB Malaysia CEO Gurdip Singh Sidhu emphasised the bank’s commitment to catalysing cross-border connectivity and delivering strategic investments that drive long-term growth, innovation, and resilience.