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As SEMICON SEA 2026 closes, industry-led platforms and a new generation of engineers anchor Malaysia’s push for a future-ready semiconductor workforce

KUALA LUMPUR, Malaysia, 7 May 2026 – The Malaysian Investment Development Authority (MIDA) is strengthening Malaysia’s semiconductor ecosystem through a strategic focus on talent development, smart manufacturing and supply chain integration, in conjunction with SEMICON Southeast Asia 2026 at MITEC, Kuala Lumpur.

As the global semiconductor industry accelerates towards an estimated USD1 trillion market by 2030, the sector is undergoing a structural transformation driven by artificial intelligence, electrification and advanced computing. This transformation is reshaping not only technology demand, but also workforce requirements and the structure of global supply chains.

Malaysia continues to evolve beyond its traditional strengths in assembly, testing and packaging towards higher-value activities such as IC design, advanced packaging, and digitally enabled manufacturing systems, supported by the gradual adoption of technologies such as digital twin systems and AI-enabled production environments.

Commenting on Malaysia’s direction, MIDA Chief Executive Officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, said “Malaysia’s competitiveness will increasingly depend on the integration of talent development with technology adoption. Our semiconductor future will be shaped by how effectively we align talent development with smart manufacturing and digital technologies. Our focus is to ensure that skilled talent, advanced manufacturing systems and industry needs evolve together to deliver long-term value to global investors.”

A workforce in transition

Malaysia’s electrical and electronics (E&E) ecosystem secured RM28.5 billion in approved investments in 2025, with the country continuing to evolve beyond its traditional strengths in assembly, testing, and packaging towards higher-value activities such as IC design, advanced packaging, and digitally enabled
manufacturing systems.

This shift is changing what employers look for. Smart manufacturing technologies, particularly digital twin systems and AI-enabled production environments, are reshaping job requirements across the value chain. Engineers and technicians are now expected to work with real-time data, predictive analytics, and integrated production systems to improve yield, efficiency, and operational resilience.

Bridging academia and industry

Mr. Mohd Riduan bin Abd. Rahman, Executive Director, Investment Facilitation, MIDA, joined senior industry leaders from Infineon Technologies Singapore and STMicroelectronics Malaysia on a panel discussion at the TECH Zoomers Bootcamp at Universiti Kebangsaan Malaysia (UKM), Bangi, themed
Workforce Development Trends and Job Outlook for the Semiconductor Industry.

The session brought Malaysian university students into direct conversation with global semiconductor employers – an exchange that mirrored, in microcosm, the broader bridge MIDA is working to build at the national level. Discussions identified practical exposure to cleanroom environments, industrial automation, and live problem-solving as the most critical gap to close in moving graduates from
classroom to fab floor.

A coordinated national push

MIDA’s talent agenda spans a coordinated set of initiatives now reaching scale. Through the Special Taskforce-Talent Facilitation (STF-TF) launched in March 2023, MIDA convenes 17 stakeholders – including the Ministry of Higher Education, the Department of Polytechnic and Community College Education, the Malaysia Productivity Corporation, and several technical universities – to align workforce development with industry needs.

Under the ARM–Malaysia Strategic Cooperation Initiative, up to 10,000 Malaysian engineers will be trained in integrated circuit design over four years, with the first batch of CSS IP token approvals already announced. The K-Youth Development Programme with Khazanah Nasional has trained more than 8,000
young Malaysians since 2021, with over 83 per cent securing employment within three months of completion. The MRI3 programme led by Universiti Sains Malaysia, in partnership with 27 industry players, places final-year students directly with sponsoring companies, with successful graduates entering full-time roles at starting salaries above RM4,000.

Together, these initiatives form the operational backbone of Malaysia’s talent strategy under the New Industrial Master Plan 2030 (NIMP 2030) and the National Semiconductor Strategy (NSS).

Talent within an integrated ecosystem

Talent development at SEMICON SEA 2026 was reinforced by parallel engagements across the broader semiconductor ecosystem. MIDA’s Handshake@SEMICON networking platform connected Malaysian suppliers with multinational buyers, with sharing sessions from DHL and Micron. Strategic engagements also took place through one-on-one meetings with a few global investors, aimed at accelerating
new investment decisions in Malaysia.

The MIDA Seminar, themed around strategic supply chain integration and capability enhancement, featured a panel of leading industry players including Micron, Inari, Besi APAC, Betamek, and the Malaysia Advanced Packaging Consortium (MAPC), with UOB Malaysia as the financing partner. A separate MIDA Seminar on Digital Twin and Smart Manufacturing, in partnership with the Malaysia Automotive, Robotics and IoT Institute (MARii) and the Selangor Human Resource Development Centre (SHRDC), focused on equipping Malaysian SMEs with the smart manufacturing capabilities needed to remain relevant in global supply chains.

Datuk Sikh Shamsul Ibrahim said these engagements reflect a deliberate integration of priorities.

“We have built our reputation on assembly, testing, and packaging. The next chapter is design, advanced packaging, and innovation. None of that is possible without the right people, in the right roles, learning at the right pace. That is why every engagement at SEMICON SEA 2026 has been shaped around the same
question: how do we move faster, together, on talent.”

Through SEMICON SEA 2026, MIDA reinforces Malaysia’s position as an integrated semiconductor ecosystem where talent, technology, and supply chain capabilities evolve in tandem to support long-term industry competitiveness.

***End***

About MIDA

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 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

For media enquiries, please contact:

MIDA
Ms. Azrina Hashim
Director
Industry Talent Management And Expatriate Division
Email: [email protected]
Tel: +603 2267 3454

UOB Malaysia (Strategic Financial Partner)

“As Malaysia’s semiconductor sector advances into higher‑value activities, we are seeing a corresponding shift in how companies approach financing, from capital expenditure for equipment and facilities to longer‑term investment in technology adoption, workforce capability, and supply chain integration. Banks like UOB Malaysia have a role to play in enabling this transition, whether through structured financing for SME upgrading, trade solutions that support cross‑border supply chains, or advisory support to help companies navigate growth at scale. Malaysia’s policy clarity under the NIMP 2030 and the National Semiconductor Strategy gives us confidence to support industry players with the financial solutions they need to grow sustainably.”
— Mr Andy Cheah, Country Head of Wholesale Banking, UOB Malaysia

Infineon Technologies

“The availability of future-ready talent who can operate in highly digital and data-driven environments is a key success factor for us. Smart manufacturing and advanced technologies are integral to global operations. Malaysia’s continued focus on developing skilled workforce and emerging talents is essential to sustaining its relevance in the global (semiconductor) value chain and supporting the Malaysia’s
National Semiconductor Strategy (NSS).”

Mr. Shawn Lim, Global Head of Emerging Talent, Infineon Technologies

STMicroelectronics Malaysia
“Manufacturing today is fundamentally changing, driven by the rise of smart factories, real-time data systems and AI-enabled production environments. This evolution requires engineers and technicians who are not only technically strong, but also adaptable, digitally fluent, and capable of working within increasingly integrated and intelligent manufacturing ecosystems. Talent readiness will therefore
remain a key enabler of competitiveness for the semiconductor industry moving forward.”
— Mr. Shahrom Tumin, Head of Human Resources, STMicroelectronics Malaysia

Bosch and Bosch Rexroth Malaysia

“As Malaysia advances its semiconductor ambitions, talent development is critical. With a national target of 60,000 highly skilled engineers by 2030 for the semiconductor industry, strong collaboration between industry, government and academia will be key. At Bosch, we are actively contributing to this agenda, from our role in the National TVET Council to being a founding member of the German Dual Vocational Training programme. With about 4,000 associates in Malaysia and continued support for initiatives such as the Penang Science Fair, we are focused on building future-ready talent to strengthen Malaysia’s position in the global semiconductor value chain,”
— Mr. Darren Chan, Managing Director of Bosch Malaysia and Bosch Rexroth
Malaysia

MIDA Positions Talent at the Centre of Malaysia’s Semiconductor Growth

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Kuala Lumpur, May 5, 2026 – AIXTRON SE (FSE: AIXA) concludes agreement on greenfield manufacturing facility in Penang, Malaysia, with the Malaysian Investment Development Authority (MIDA) at SEMICON Southeast Asia 2026.

AIXTRON SE, a leading provider of deposition equipment for the semiconductor industry, today concluded its agreement with MIDA to build a new greenfield manufacturing facility in Penang, Malaysia. The investment marks a significant step in AIXTRON’s global expansion strategy and reinforces Malaysia’s position as an increasingly important hub for advanced semiconductor manufacturing.

AIXTRON will be building its new Malaysian plant at Bandar Cassia Technology Park, where it has obtained an 8.5acre plot of land. This greenfield project will see the construction of an integrated facility comprising a threestory office building, multiple stateoftheart cleanrooms and dedicated logistics areas. Being able to design the facility from the ground up has allowed extensive customization and optimization to meet the demands of manufacturing AIXTRON’s 100 mm, 150 mm and 200 mm
products in a highly efficient manner. The modular design will provide flexibility and
enable stepwise expansion in line with future market demand.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA,
commented:

“AIXTRON’s decision to establish this world-class facility in Penang is a powerful endorsement of Malaysia’s readiness to host complex segments of the global semiconductor value chain. This project is a centrepiece of our New Industrial Master Plan 2030 ambitions; it is not just about manufacturing, but about bringing state-of-the-art front-end Metal-Organic Chemical Vapour Deposition (MOCVD) equipment technology to our shores. The spillover effects will be profound, creating a significant number of high-tech jobs where our local talent will have numerous opportunities for highly skilled technical roles, while simultaneously integrating our local vendors into a global elite supply chain. We are moving beyond assembly-centric activities to become a global hub for the critical enablers of the Artificial
Intelligence (AI) and Electric Vehicle (EV) revolutions.”

The new facility is intended to support the rising global demand for advanced semiconductor process technologies, enabling increased production capacity, greater supply‑chain resilience and closer proximity to customers across Asia‑Pacific. It will focus on manufacturing and supporting key systems used in the
production of next‑generation semiconductor devices for applications such as power electronics, advanced communication technologies, optoelectronics and emerging computing architectures.

“The decision to establish a new greenfield manufacturing site in Penang reflects our long-term confidence in Malaysia as a strategic semiconductor location. This investment allows AIXTRON to better serve our global customer base, strengthen our operational flexibility and support the continued scaling of advanced semiconductor technologies. Malaysia offers a strong ecosystem, skilled talent and a clear commitment to the future of the semiconductor industry,” said Dr Felix Grawert, Chief Executive Officer of AIXTRON SE.

The announcement at SEMICON Southeast Asia underscores the strategic relevance of Southeast Asia within the global semiconductor value chain. Penang, in particular, has developed into a well‑established electronics and semiconductor cluster, offering strong infrastructure, a highly skilled workforce and close
collaboration between industry, academia and government.

Beyond production capacity, the new facility is expected to contribute to engineering, local supplier development and workforce upskilling, supporting Malaysia’s ambition to advance from assembly‑centric activities toward higher value‑added semiconductor manufacturing and innovation.

With this investment, AIXTRON further demonstrates its commitment to building a resilient, sustainable and globally balanced manufacturing footprint, while supporting customers as they address increasing performance, efficiency and sustainability requirements.

**From left to right:**
1. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA
2. Dr Felix Grawert, CEO of AIXTRON SE

***End***

EDITORIAL NOTE — FOR MEDIA
This release is jointly issued by the Malaysian Investment Development Authority (MIDA)
and AIXTRON SE. Editors are requested to credit both parties when reporting on the
announcement. For media inquiries, please refer to this link: https://shorturl.at/8GeFZ

AIXTRON’s New Facility in Penang Reinforces Malaysia’s Position as Important Hub for Advanced Semiconductor Manufacturing

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The official ceremony underscores Southeast Asia’s growing role in the global semiconductor value chain through collaboration, innovation and ecosystem-wide partnerships

KUALA LUMPUR, Malaysia, 5 May 2026 – SEMICON Southeast Asia (SEMICON SEA) 2026 was officially launched today at the Malaysia International Trade and Exhibition Centre (MITEC), bringing together policymakers, manufacturers, suppliers, researchers, investors and emerging talent from across the global semiconductor ecosystem for three days of industry dialogue, technology showcases and business
engagement.

The opening ceremony was officiated by YB Datuk Seri Johari Abdul Ghani, Minister of Investment, Trade and Industry (MITI), and attended by SEMI leadership, the Malaysian Investment Development Authority (MIDA) led by the Chief Executive Officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, and senior executives from global semiconductor companies.

Held under the theme ‘Transform Tomorrow’ in strategic partnership with MITI and MIDA, SEMICON Southeast Asia 2026 is expected to welcome more than 20,000 innovators, policymakers and technology experts. The three-day event focuses on key industry priorities including manufacturing scale-up, advanced packaging, intelligent manufacturing and workforce development, as companies respond to demand driven by artificial intelligence, high-performance computing and advanced electronics.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said Malaysia is approaching the next phase of semiconductor growth as an active builder rather than a beneficiary of global trends.

“The semiconductor industry is at an inflection point, and Malaysia intends to be at the centre of what comes next. Under the MADANI Economy Framework and the New Industrial Master Plan 2030, we are not simply maintaining our position in the global semiconductor supply chain, we are deliberately reshaping it. The NIMP 2030 sets a clear direction for the E&E sector to move beyond assembly and test into design, advanced packaging and innovation-driven manufacturing, and MIDA is here to make
that transition real. The RM28.5 billion secured by the E&E sector in 2025 is proof that global confidence in Malaysia has not wavered. What we are now building is the ecosystem to match that confidence, through supply chain integration, local capability 2 development and the kind of high-value partnerships that platforms like SEMICON Southeast Asia are uniquely placed to catalyse,” said Datuk Sikh Shamsul Ibrahim.

“SEMI’s role has always been to bring together the global semiconductor ecosystem, and that responsibility becomes even more important as the industry grows in scale and complexity. Today, innovation is no longer confined to a single segment. It requires closer alignment across design, manufacturing, materials and supply chains. SEMICON Southeast Asia provides a platform to bridge these different parts of the ecosystem, enabling stakeholders to engage in more meaningful collaboration and
move from discussion to execution,” said Ajit Manocha, President and CEO of SEMI.

“As demand continues to be driven by artificial intelligence, high-performance computing and advanced electronics, the ability to coordinate across regions and capabilities will be critical. SEMICON Southeast Asia 2026 is not only about showcasing technology, but about strengthening the partnerships needed to support long-term industry growth and resilience.”

The event features key leadership programmes including the Executive Leadership Summit, MIDA Strategic Semiconductor Forum and Seminar, Sustainability and Energy Summit, TechZoomers Challenge and TalentCONNECT, reflecting SEMICON Southeast Asia’s role not only as an exhibition platform, but as a convening point for leadership, capability and execution across the region’s semiconductor ecosystem.

Marking over a decade of strategic collaboration, MIDA and SEMI today reinforce 12 years of a transformative partnership dedicated to elevating Malaysia’s standing in the global semiconductor value chain. This enduring alliance remains anchored on three core pillars designed to future-proof the nation’s industrial landscape:

Ecosystem Integration: Harmonising domestic and international supply chains to ensure seamless operational synergy.
Enterprise Capability: Empowering local businesses to scale their technical expertise and compete on a global stage.
Talent Advancement: Cultivating a high-skilled workforce as the essential bedrock of Malaysia’s long-term economic resilience and competitive edge.

SEMICON Southeast Asia 2026 runs from 5–7 May 2026 at MITEC, Kuala Lumpur, with participation from companies and organisations across Asia, the United States and Europe.

**First Row From the left:**
1. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA
2. Datuk Hanafi Sakri, Deputy Secretary General (Industry) of MITI
3. Mr. Andrew GOH, Vice Chairman, Corporate VP & GM, Southeast Asia, Lam Research Singapore
4. YB Tuan Sim Tze Tzin, Deputy Minister of MITI
5. YB Datuk Seri Johari Abdul Ghani, Minister of MITI
6. Mr. Ajit Manocha, President & CEO, SEMI
7. Dato’ Bock KL, Chairman SVP, Backend Operations, Sandisk
8. Ms. Linda Tan, President, SEMI Southeast Asia

***End***

About MIDA

About SEMI

SEMI® is the global industry association connecting over 4,000-member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON®
expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Rules & Regulations

All registered members of the media are required to register and wear their
media badges at all times.
All registered members of the media must represent a qualified news organisation.
NO webcasting or streaming is permitted.
The SEMICON Southeast Asia 2026 name must be mentioned in any articles or interviews derived from the event’s activities.
Any published photos from the event’s activities should be credited to SEMICON Southeast Asia 2026.
NO flash photography is allowed at the event.

SEMICON Southeast Asia 2026 Officially Launches in Kuala Lumpur, Highlighting Shifts in Global Semiconductor Supply Chains

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Eight multinational and major domestic investors anchor new demand-driven talent platform

KUALA LUMPUR, 4 May 2026 – The Malaysian Investment Development Authority (MIDA) and Majlis Amanah Rakyat (MARA) today formalised a strategic partnership to close two of the most persistent constraints facing high-value investment in Malaysia: the supply of industry-ready technical talent, and the readiness of local enterprises to integrate into global supply chains.

The Memorandum of Understanding (MoU) was exchanged yesterday evening, in conjunction with MARA’s 60th anniversary celebration at the World Trade Centre, Kuala Lumpur. The exchange between MIDA Chief Executive Officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid and MARA Director-General Dato’ Zulfikri Osman was witnessed by the Deputy Prime Minister and Minister of Rural and Regional
Development, YAB Dato’ Seri Dr. Ahmad Zahid Hamidi.

Eight companies have already committed to anchor the partnership’s flagship initiative, the PRIME Talent Hub: Medtronic Malaysia Operations Sdn. Bhd., EVE Energy Malaysia Sdn. Bhd., DayOne Data Centre, UWC Industrial Sdn. Bhd., Linergy Power Sdn. Bhd., Panasonic Industrial Devices Malaysia Sdn. Bhd., ND Paper (Malaysia) Sdn. Bhd., and Base Maintenance Malaysia Sdn. Bhd. Their participation signals firm industry demand for a structured, demand-led approach to TVET and technical talent development in Malaysia.

Enhancing Talent readiness for Industry Needs

Under the PRIME Talent Hub, participating companies define the specific skills and competencies they require, allowing MARA’s training and education ecosystem to align curricula and intake with real industry needs rather than generic supply. The model is intended to reduce the talent mismatch that has slowed project ramp-up for several recent investments in semiconductors and advanced packaging, medical
devices, electrical and electronics, and aerospace — sectors prioritised under the New Industrial Master Plan 2030.

For investors, this translates into shorter lead times to operational capacity, lowerreliance on expatriate hires for technical roles, and a more predictable pipeline oflocally trained talent. For graduates and trainees, it means qualifications that arerecognised and absorbed by employers from the point of entry.

Strengthening local supplier participation

The MoU also establishes a structured pathway for MARA-linked manufacturers, including Bumiputera enterprises, to participate in the supply chains of multinational corporations and lead Malaysian companies operating in priority sectors.

Through MIDA’s Supply Chain Programmes, identified firms will be matched with MNC procurement requirements, supported with vendor development, and prepared for participation in higher-value segments moving beyond traditional contract roles into components, sub-assemblies, and specialised services.

MARA-linked enterprises will also gain access to two MIDA-led platforms: the Investment Coordination Platform (ICP), which connects high-potential projects with financing partners, and the Enterprise Growth Platform (EGP), which supports SME capability building, investment readiness, and expansion. Together, these create a continuous progression from capability development, to financing, to entry into MNC
supply chains.

These initiatives are designed to strengthen the competitiveness, resilience, and long-term sustainability of MARA entrepreneurs, enabling them to participate more effectively in higher-value segments of the industrial ecosystem.

A direct contribution to NIMP 2030 delivery

Commenting on the partnership, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said:

“Through this strategic collaboration with MARA, we are strengthening the link between investment and talent, while creating new pathways for MARA entrepreneurs to adapt, upgrade and grow in a more technology-driven economy. MIDA will continue to work closely with MARA and our industry partners to ensure that investors can access the right talent, and that more Bumiputera companies are ready to participate in higher-value supply chains.”

Dato’ Zulfikri Osman, Director-General of MARA, added:

“For sixty years, MARA has built the foundation of education, entrepreneurship and economic participation for the communities we serve. The next chapter is industrial. Through this partnership with MIDA, our trainees will graduate into roles that investors are actively trying to fill, and our entrepreneurs will be prepared to supply the multinationals operating here. We are extending MARA’s mandate into the heart of Malaysia’s industrial transformation.”

The collaboration directly supports the MADANI Economy Framework and NIMP 2030’s mission to deepen economic complexity, raise productivity, and expand inclusive participation in Malaysia’s industrial base.

**From left to right:**
1. Datuk Zulfikri Osman, Director General of MARA,
2. Datuk Seri Dr Ahmad Zahid Hamidi, Deputy Prime Minister and Minister of Rural and Regional Development
3. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA
4. Datuk Dr. Asyraf Wajdi Dusuki, Chairman of MARA
5. Encik Mohd Riduan Abd. Rahman, Executive Director, Investment Facilitation, MIDA

***End***

About MIDA

For media enquiries, please contact:
Name: Puan Azrina Hashim
Designation: Director, Industry Talent Management And Expatriate Division
Email: [email protected]
Phone: +603-2267 3454

MIDA and MARA Partner to Build Industry – Ready Talent Pipeline and Deepen Local Supplier Intergration

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New facility positions Malaysia as a key power infrastructure hub for AI data centres, semiconductors and high-performance computing across ASEAN

Penang, Taipei, 29 April 2026 – TECO Group continues to accelerate its expansion in the Southeast Asian market. Its subsidiary, TECOBAR, today marked a key milestone with the opening ceremony of its new armored busway manufacturing plant—TECOBAR SMARTPOWER SOLUTION SDN. BHD.—in Penang, Malaysia.

The opening ceremony was officiated by Chairman Morris Li. Distinguished guests in attendance included Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang, Representative Ms. Lien Yu-Ping of the Taipei Economic and Cultural Office, and Ms. Huang Hui-Ling, President of the Penang Taiwanese Business Association, together with other key government and business leaders.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) said, “Malaysia remains a preferred investment destination in Southeast Asia, offering a robust and well-established industrial ecosystem and a future-ready workforce. The launch of TECOBAR’s smart manufacturing facility in Penang reflects the ambitions of the New Industrial Master Plan (NIMP) 2030, which aims to advance our economic complexity and integrate high growth high value (HGHV) sectors such as AI data centres, semiconductors, and green manufacturing.”

“Malaysia and Taiwan share a strong and growing industrial partnership, and Taiwanese companies have long been valued contributors to Malaysia’s manufacturing excellence. We continue to welcome Taiwanese industry leaders to leverage Malaysia’s strategic location, robust supply chain ecosystem, and skilled talent base to scale their global operations. MIDA remains fully committed to facilitating quality investments that create high-value jobs and strengthen Malaysia’s position in the global digital economy,” he added.

Morris Li, Chairman of TECO stated, “Penang is a key hub for electronics and manufacturing in Southeast Asia. The establishment of this facility to produce high-quality power transmission systems will not only strengthen the capability of delivering local sourcing and local servicing to customers, but also further enhance TECO’s competitiveness in the global market. The inauguration of the new plant also signifies TECO’s integration of group resources and its successful entry into the power infrastructure supply chain for data centres, international cloud service providers, and manufacturing industries in Southeast Asia.”

Representative Lien Yu-Ping, Taipei Economic and Cultural Office in Malaysia highlighted, “The strong complementarity between Taiwan and Malaysia’s industries, noting that Taiwanese businesses have become key partners in Malaysia’s industrial upgrading and AI transformation. She expressed hope that the TECOBAR Penang plant will create new opportunities for mutual growth and cooperation.”

Huang Hui-Ling, President of the Penang Taiwanese Business Association, stated, “This investment will further unite Taiwanese businesses, promote industrial linkages and resource integration, inject new momentum into the development of Penang’s high-tech industries, and enhance regional competitiveness.”

RM46 Million Investment in Smart Manufacturing and Automation; Annual Capacity of 400,000 Meters

The new TECOBAR Penang plant is located within TECO’s Penang Industrial Park, covering 3.5 hectares (within a total park area of 13 hectares). With a total investment of approximately RM 46 million, the facility is designed to reach an annual production capacity of 400,000 meters of busway, positioning it as a key manufacturing hub for both ASEAN and global markets.

The plant focuses on the R&D and manufacturing of high-performance armoured busway systems, primarily applied in AI data centres and high-performance computing environments. Its products are certified to international standards, including IEC and UL. The facility adopts smart manufacturing and automation technologies to significantly enhance production efficiency and delivery flexibility. In line with net-zero trends, the plant also incorporates high-efficiency equipment, energy management systems, and green manufacturing processes to reduce carbon emissions and improve energy efficiency, reflecting TECO Group’s commitment to ESG and sustainable operations.

TECOBAR Integrates Taiwan–Malaysia Dual Bases to Capture AI-Driven Demand Growth

As demand for AI and cloud computing continues to surge, power infrastructure is undergoing rapid transformation. Traditional cable systems are increasingly limited, prompting a shift toward busway systems that offer high current capacity, modular design, and rapid deployment advantages. According to industry research, the global busway market has reached tens of billions of U.S. dollars and continues to grow, with Asia and Southeast Asia as key growth drivers.

Ta-Wen Lin, Chairman of TECOBAR stated “With the launch of the Penang plant, the company will integrate its two major manufacturing bases—cast-resin busway in Taiwan and armoured busway in Malaysia—to form a coordinated regional production network. This will strengthen TECO Group’s service capabilities in the ASEAN market. By leveraging local manufacturing and rapid delivery advantages, TECO aims to enhance its competitive position in key sectors such as data centres, semiconductors, and smart manufacturing, while providing efficient, reliable, and sustainable power solutions to capture new opportunities arising from energy transition and the digital economy.”

The opening of the TECOBAR Penang plant comes ahead of SEMICON Southeast Asia 2026, taking place from 5 to 7 May 2026 at MITEC Kuala Lumpur, where MIDA will host global semiconductor and advanced manufacturing leaders. Investments such as TECOBAR’s Penang facility highlight the depth of Malaysia’s industrial ecosystem and its readiness to capture new opportunities arising from the energy transition and the digital economy.

**From left to right:**
1. Lee Yoeu Chek, Vice President and Head of Manufacturing Development, InvestPenang
2. YB Puan Phee Syn Tzea, Member of the Penang State Legislative Assembly
3. Pamela Wu, Vice Chairman & COO, TECO Electric & Machinery Co., Ltd.
4. Muhammad Ghaddaffi, Director of MIDA Penang
5. Lien Yu-Ping, Representative Taipei Economic and Cultural Office in Malaysia
6. Morris Li, Chairman & CEO , TECO Electric & Machinery Co., Ltd.
7. YB Jagdeep Singh Deo a/l Karpal Singh, Deputy Chief Minister II of Penang and State Executive Councillor (EXCO) for Human Capital Development, Science, and Technology
8. Linda Huang,, Penang State President of the Taiwan Chamber of Commerce and Industry in Malaysia
9. YB Puan Heng Lee Lee, Member of the Penang State Legislative Assembly
10. Lin, Ta-Wen, Chairman TECOBAR TECHNOLOGY CO., LTD

***End***

About MIDA

About TECO

TECO Electric & Machinery Co., Ltd., founded in 1956, is a leading global industrial motor manufacturer. The company has evolved into a comprehensive energy solutions provider, with key businesses spanning modular data center MEP solutions, ESCO energy services, and EV powertrain systems. TECO is the market leader in Taiwan’s onshore substations for offshore wind (2.5 GW), has delivered over 860 MW of data center projects across Southeast Asia, and holds more than 85% of Taiwan’s e-bus powertrain market, with expansion into India. The company is committed to driving global electrification, intelligent solutions, and sustainable energy. For more information, please visit https://www.teco.com.tw/en-us/

About TECOBAR

TECOBAR specializes in the production of busway systems and power distribution units. It joined TECO Group in 2003 and established the global TECOBAR brand in 2012. Its products are widely applied in data centers, transportation infrastructure, power plants, and high-tech industries worldwide, with a market share of 41% in Taiwan. For more information, please visit: https://www.tecobar.com.tw/zh-tw

For media enquiries, please contact:

MIDA
Name: Mohd Mazlan Mokhtar
Designation: Director, Electrical & Electronics Division
Email: [email protected]
Phone: +603-2267 6655

TECO / TECOBAR
Corporate Communications
Name: Lily Chiang
Teco Electric & Machinery Co., Ltd.
Designation: Director, Brand Public Relations Department
Tel: 886-2-2655-3333 Ext. 3579
Mobile: 0932-325349
Email: [email protected]

Name: Lina Chen
Teco Electric & Machinery Co., Ltd.
Designation: Senior Specialist, Brand Public Relations Department
Tel: 886-2-2655-3333 Ext. 3213
Mobile: 0987-980-078
Email: [email protected]

TECO Group Deepens Southeast Asia Footprint with RM46 Million TECOBAR Smart Manufacturing Plant in Penang

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Kuala Lumpur, 28 April 2026 – Tengku Datuk Seri Utama Zafrul Aziz, Chairman of the Malaysian Investment Development Authority (MIDA) and Senior Political Advisor to the Prime Minister, today participated in a fireside chat with the Japanese Ambassador to Malaysia, H.E. Noriyuki Shikata.

The session, held at MIDA headquarters in Kuala Lumpur Sentral, was attended by approximately 100 participants. This included key Malaysian government stakeholders from the Ministry of Investment, Trade and Industry (MITI), the Ministry of Finance (MOF), the Inland Revenue Board of Malaysia (LHDN), and MIDA, alongside prominent representatives from the Japanese business and financial community, notably key figures from the Japan External Trade Organization (JETRO), The Japanese Chamber of Trade &
Industry, Malaysia (JACTIM), MUFG Bank, Mizuho Bank, and leading Japanese manufacturers. The dialogue underscored the importance of long-standing bilateral cooperation between Malaysia and Japan. Both sides reaffirmed their shared commitment to deepening collaboration, particularly in navigating ongoing global challenges such as supply chain disruptions and broader economic uncertainties caused by the conflict in West Asia

Speaking on Malaysia’s strategic positioning, Tengku Zafrul said:

“Malaysia and Japan have long been reliable economic partners, built on decades of investment, trade and industrial cooperation. This strong foundation positions both countries well for the next phase of growth. In today’s highly volatile global environment, closer coordination and mutual support are essential to maintaining resilience and stability across our supply chains. Malaysia and MIDA, in particular, remain fully committed to providing policy clarity and efficient execution — the fundamentals that continue to underpin our long-term stability as an investment destination, providing Japanese businesses the confidence to establish or expand their footprint in Malaysia.”

H.E. Ambassador Noriyuki Shikata echoed this sentiment, emphasising that the current global environment requires closer cooperation on supply chain resilience and industrial modernisation:

“Malaysia has long been one of Japan’s most important economic partners in Southeast Asia. Our partnership is grounded in mutual trust and has been strengthened through decades of investment, trade, and industrial collaboration. In today’s increasingly uncertain global environment, closer cooperation between Japan and Malaysia is more important than ever. Prime Minister Takaichi’s Japanese new growth strategy, which places strong emphasis on economic security, energy security, and green transformation, is highly aligned with Malaysia’s own economic priorities, including its focus on resilient supply chains, sustainable industrial development, and the energy transition. Japan looks forward
to further deepening collaboration with Malaysia and MIDA to enhance supply chain resilience, promote high-quality and responsible investment, and create new opportunities for sustainable and inclusive growth.”

The dialogue focused on five strategic areas:

Energy Security Cooperation: Alignment on renewable energy targets and sustainability initiatives between Malaysia’s National Energy Transition Roadmap and Japan’s Asia Zero Emission Community.
Supply Chain Resilience: Opportunities for Malaysia and Japan to cooperate in building stronger, more diversified regional supply chains.
Investment Opportunities: Potential growth sectors including green economy, digital economy, halal industry, semiconductors, aerospace, and rare earth industries.
New Incentive Framework (NIF): A strategic shift in how Malaysia evaluates investment—moving beyond capital quantum alone to reward investment depth, R&D activity, sustainability performance, and economic complexity. This approach aligns well with Japanese companies known for precision, discipline, and long-term commitment.
Industry Engagement: Guidance for multinational corporations and Japanese companies on leveraging Malaysia’s investment ecosystem and new policy frameworks.

Japan remains among Malaysia’s top foreign investors with a deep and enduring partnership spanning over five decades. As of 31 December 2025, Japanese investment in Malaysia totals RM142.9 billion across more than 3,800 projects, with close to half a million job opportunities created and over 2,800 projects successfully implemented. The partnership has been further strengthened through the Malaysia-Japan Comprehensive Strategic Partnership, with support from key institutions including JETRO, JACTIM, and
prominent financial institutions such as MUFG Bank, SMBC, and Mizuho Bank. Japanese companies including Daikin, Denso, Mitsui, Panasonic, Sharp Corporation, ROHM Semiconductor, Nippon Electric Glass, and Taiyo Yuden have not only invested but grown in Malaysia, upgrading industrial standards across the manufacturing ecosystem and building deep regional supply chain integration.

MIDA and the Embassy of Japan in Malaysia have agreed to explore enhanced collaboration frameworks to support Japanese businesses seeking to establish or expand operations in Malaysia. This collaboration will place a particular focus on economic security through supply chain resilience, green transformation in alignment with Malaysia’s National Energy Transition Roadmap and Japan’s Asia Zero Emission Community initiative, and high-value technology sectors including semiconductors, artificial intelligence, and advanced manufacturing. Looking ahead, Japanese investment is anticipated to deepen across manufacturing, semiconductors, digital transformation, and sustainability sectors in 2026.

The fireside chat was initiated by the Embassy of Japan in Malaysia and Jiji Press, a Japanese news agency, to strengthen Japan’s engagement with strategic partners and ensure that Malaysia remains a competitive and trusted investment partner in the region. This engagement builds on the Comprehensive Strategic Partnership agreed between Prime Minister Anwar Ibrahim and Prime Minister Sanae Takaichi of Japan.

From left to right:

Puan Masni Muhammad, Senior Executive Director, Investment Policy Advocacy, MIDA ; Seiichi Oshima, Jiji Press, Ltd., Kuala Lumpur Bureau Chief; YM Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, MIDA Chairman; H.E. Ambassador Noriyuki Shikata; Puan Zalina Zainol, Deputy CEO, Investment Promotion and Facilitation, MIDA.

-END-

Editors: This press release is issued jointly by MIDA, the Embassy of Japan in Malaysia, and Jiji Press. Please credit all three organisations in publication.

About MIDA
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 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About Jiji Press
Established in 1945, Jiji Press is a leading provider of Japanese language news services based in Tokyo. Its partners include print, broadcast and digital outlets as well as corporates within and outside Japan. Jiji Press also publishes Jiji News Bulletin daily in Malaysia covering the policy and business news in detail to assist readers make business decisions in investment, trade and compliance.

MEDIA CONTACT
Ms. Lim Ming Yee
Director, Foreign Investment Promotion Division
Tel : 03-2267 3762
E-mail: [email protected]

Mr. Seiichi Oshima
Kuala Lumpur Bureau Chief, Jiji Press
Tel : 019-358-3745
E-mail: [email protected]

Embassy of Japan in Malaysia
Economic section
Tel: 03-2177 2600
E-mail: [email protected]

REINFORCING MALAYSIA–JAPAN ECONOMIC PARTNERSHIP AMID GLOBAL UNCERTAINTY

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SUNGAI PETANI, 27 APRIL 2026 – Lembaga Pembangunan Pelaburan Malaysia (MIDA) dan HLB Islamic hari ini menganjurkan Forum Usahawan bertemakan ‘Pengukuhan Usahawan Bumiputera Di Wilayah Utara: Perspektif Dasar Dan Trend Pasaran Semasa’. Program yang berlangsung di The Jerai Hotel Sungai Petani ini menghimpunkan kira-kira 250 usahawan IKS termasuk wakil syarikat Bumiputera dari Kedah, Pulau Pinang, Perak, dan Perlis.

Forum ini dirasmikan oleh YB Prof. Dr. Haim Hilman Abdullah, EXCO Industri & Pelaburan Negeri Kedah. Turut hadir ialah Ketua Pegawai Eksekutif HLB Islamic, Puan Dafinah Ahmed Hilmi, dan Pengarah Eksekutif Penggalakan Pelaburan MIDA, Encik Faizal Jalaludin.

Memperkukuh Ekosistem dan Akses Usahawan

Dengan pengisian yang menyeluruh, program ini menampilkan perkongsian praktikal dan inisiatif trategik daripada pelbagai agensi kerajaan dan institusi bagi menyokong pertumbuhan usahawan tempatan.

Antara fokus utama forum termasuk:

Pembiayaan & Kelestarian: HLB Islamic mengetengahkan inisiatif BizDagang dan Greening Halal Business bagi membantu usahawan mengadaptasi model perniagaan hijau patuh Syariah.
Akses Pasaran Global: MATRADE berkongsi strategi menembusi pasaran antarabangsa serta pengurusan perdagangan.
Kestabilan Kewangan: Bank Negara Malaysia (BNM) menerangkan Rangka Kerja Transaksi Mata Wang Tempatan (LCTF), manakala Syarikat Jaminan Pembiayaan Perniagaan (SJPP) memperincikan Skim Jaminan Kerajaan (GGSM4) untuk meningkatkan akses kredit.
Inisiatif & Insentif Baharu: MIDA menghuraikan Kerangka Insentif Baharu (NIF) dan Dana Pembangunan Perniagaan Negara Ketiga Malaysia-Singapura (MSBDF).
Pematuhan Cukai: LHDNM berkongsi mengenai pelaksanaan e-Invois dalam operasi perniagaan semasa.

Kemuncak forum adalah sesi diskusi panel bertajuk “Memacu Juara Bumiputera: Akses dan Peluang Pembiayaan, Akses Pasaran, dan Rantaian Bekalan Global” yang menampilkan wakil daripada HLB Islamic, TERAJU, MARA, SME Corp. Malaysia dan VentureTECH bagi membincangkan strategi memperkukuh daya saing usahawan Bumiputera.

YB Prof Dr. Haim Hilman Abdullah, EXCO Industri & Pelaburan Negeri Kedah, berkata, “Kerajaan Negeri Kedah komited memperkukuh ekosistem keusahawanan Bumiputera di Wilayah Utara agar lebih berdaya tahan, kompetitif dan bersedia menembusi pasaran global. Penganjuran forum ini mencerminkan kerjasama erat antara Kerajaan Negeri, MIDA dan HLB Islamic dalam menyediakan akses yang lebih menyeluruh kepada pembiayaan, pasaran serta sokongan strategik kepada usahawan tempatan. Kami yakin, dengan sokongan berterusan, usahawan Bumiputera di negeri ini mampu menembusi rantaian bekalan serantau dan global, serta menyumbang kepada pertumbuhan ekonomi negeri Kedah, dan negara, secara keseluruhan.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Ketua Pegawai Eksekutif MIDA, berkata “Kekuatan ekonomi negara terletak pada syarikat tempatan yang berdaya tahan dan mampu bersaing. Melalui inisiatif seperti Enterprise Growth Platform (EGP), MIDA terus komited memperkasa usahawan tempatan dan menghubungkan mereka kepada ekosistem sokongan yang lebih kukuh. Ini termasuk memperluas
akses kepada pembiayaan, rantaian bekalan global dan peluang pelaburan bernilai tinggi.”

Beliau turut menegaskan bahawa pelaburan domestik kekal sebagai memacu utama ekonomi negara, sekali gus mengimbangi persepsi bahawa tumpuan hanya diberikan kepada pelaburan asing. Menerusi kempen #InvestLokal, tumpuan diberikan kepada sektor HGHV (High Growth, High Value) bagi memastikan syarikat tempatan dapat berkembang dan bersaing di peringkat antarabangsa. Fokus utama
MIDA, termasuklah:

Pembangunan Kapasiti: Memperkasakan syarikat tempatan dalam sektor berteknologi tinggi.
Integrasi Rantaian Bekalan: Mewujudkan peluang untuk syarikat tempatan menjadi rakan pembekal strategik kepada syarikat multinasional (MNC).

Puan Dafinah Ahmed Hilmi, Ketua Pegawai Eksekutif HLB Islamic menambah,“Kerjasama ini mencerminkan komitmen kami untuk memperkasa usahawan tempatan, khususnya di Wilayah Utara. Kami mahu memastikan mereka bukan sahaja berdaya tahan, tetapi bersedia menembusi rantaian bekalan global melalui sokongan kewangan patuh Syariah dan bimbingan strategik.”

Selain sesi forum, para peserta juga menyertai Sesi Klinik Perniagaan untuk mendapatkan khidmat nasihat secara langsung daripada agensi-agensi terlibat.

Forum ini adalah hasil kerjasama strategik antara MIDA, HLB Islamic dan Kerajaan Negeri Kedah dalam usaha memacu pertumbuhan dan daya saing usahawan di Wilayah Utara.

Middle three (from left to right):
Encik Faizal Jalaludin, Pengarah Eksekutif Penggalakan Pelaburan MIDA; YB Prof. Dr. Haim Hilman Abdullah, EXCO Industri & Pelaburan Negeri Kedah and Puan Dafinah Ahmed Hilmi, Ketua Pegawai Eksekutif HLB Islamic.

-END-

Mengenai MIDA

MIDA adalah agensi promosi dan pembangunan pelaburan utama Kerajaan di bawah Kementerian Pelaburan, Perdagangan dan Industri (MITI) untuk menyelaras dan menggalakkan pelaburan ke dalam sektor perkilangan dan perkhidmatan di Malaysia. Beribu pejabat di Kuala Lumpur Sentral, MIDA mempunyai 12 pejabat wilayah dan 20 pejabat luar negara. MIDA terus menjadi rakan strategik bagi perniagaan dalam merebut peluang yang timbul dari revolusi teknologi pada era masa kini. Untuk maklumat lebih lanjut, sila layari www.mida.gov.my dan ikuti kami di saluran X, Instagram, Facebook, LinkedIn, TikTok dan YouTube.

Mengenai HLIB Untuk pertanyaan media, sila hubungi:

MIDA
En. Sukri Abu Bakar
Pengarah, Bahagian Pelaburan Tempatan, MIDA
Emel: [email protected]
Tel: +603-2267 3685

MIDA DAN HLB ISLAMIC JALIN KERJASAMA STRATEGIK PERKUKUH USAHAWAN IKS DI WILAYAH UTARA

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A $35 million USD investment brings advanced air-knife coating technology and sterile medical packaging capabilities to Southeast Asia, further strengthening a healthcare regional supply chain

Kuala Lumpur, April 24, 2026 – Amcor (NYSE: AMCR, ASX:AMC), a global leader in responsible packaging solutions, yesterday opened an advanced healthcare packaging coating facility in Subang Jaya, Selangor, marking a significant expansion of its manufacturing footprint in Malaysia and Southeast Asia.

The facility, representing an investment of over $35 million USD, introduces air-knife coating technology to the region for the production of coated medical paper used in sterile medical device packaging. Facilitated by Malaysian Investment Development Authority (MIDA), this investment further strengthens Malaysia’s position as an integrated regional hub for healthcare packaging, enhancing supply chain resilience through local access.

“Amcor’s investment reinforces Malaysia’s position as a strategic centre for advanced manufacturing in the region. Beyond expanding capacity, this facility strengthens local supply chain resilience, accelerates technology adoption and supports the development of skilled Malaysian talent, in line with the New Industrial Master Plan 2030 and our National Investment Aspirations. MIDA will continue to facilitate high-quality investments that generate sustainable, long-term value for Malaysia.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer, MIDA

The facility expands Amcor’s existing healthcare packaging operations into a fully integrated manufacturing site, positioned to support healthcare customers across the region with greater speed and reliability. By localising production, Amcor gains dual sourcing options, strengthens long-term supply chain reliability, and creates a platform for pilot-to-production scale-up, supporting rapid trials, closer technical collaboration and faster commercialisation for regional customers.

Amcor’s investment adds to a growing pipeline of high-value commitments to Malaysia’s medical device industry. In 2025, Malaysia approved RM152 million in medical device investments, signalling sustained global confidence in the country as a preferred manufacturing base for the healthcare industry.

“This marks an important milestone for Amcor and our partners in Malaysia. The opening of this new coating facility underscores our long-term commitment to supporting our partners in the healthcare sector across Asia Pacific. It also demonstrates the strength of collaboration across our global network in bringing advanced capabilities to the region and serving customers more effectively.”

Chris Kenneally, President, Amcor Flexibles Asia Pacific

A key aspect of the project is the strong collaboration across Amcor’s global network, particularly the technology and knowledge transfer that enabled the successful setup of the facility. The company’s technical specialists from the United States worked closely with the Malaysian team in installation, commissioning and hands-on operational training, embedding advanced manufacturing capabilities locally.

The facility is equipped with state-of-the-art production systems, including advanced inspection and automated manufacturing processes, designed to deliver consistent quality and reliability for healthcare packaging applications. Purpose-built for both precision and scale, it incorporates closed-loop process controls, in-line quality monitoring and optimised drying systems to enhance product consistency.

The opening reinforces Malaysia’s growing attractiveness for advanced, knowledge-intensive manufacturing investment, building on established strengths in electronics, medical devices and specialised industrial production.

From Left to Right:
1. John Muir, Healthcare Project Director, Amcor Flexibles Asia Pacific
2. Rozita Ibrahim, Director of Building Technology & Lifestyle Division of MIDA
3. Laura Wong, Healthcare Vice President, Amcor Flexibles Asia Pacific
4. Christine Ding, Senior Purchasing Manager, Amcor Flexibles China
5. Andrew Terry, Operations Vice President, Amcor Flexibles Asia Pacific

-END-

About MIDA

About Amcor

Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enables us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries. NYSE: AMCR; ASX: AMC

www.amcor.com | LinkedIn | YouTube

For more information, please contact:

MIDA

Ms. Rozita Ibrahim
Director, Building Technology & Lifestyle Division
Email : [email protected]
Tel.: +603-2267 3479

Amcor

Zuzana Gabriel
Director, Communications – Europe and Asia
[email protected]

Esmond Yan
Manager, Communications – Europe & Asia
[email protected]
+6581233326

Davin Dhanraj
Specialist, Communications – Europe and Asia
[email protected]
+0163606275

Amcor opens advanced healthcare packaging coating facility in Malaysia

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Exposition In Strategic Partnership with the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA)

KUALA LUMPUR, Malaysia – April 21, 2026 – SEMICON Southeast Asia (SEMICON SEA) 2026, the region’s premier platform for the global semiconductor and electronics manufacturing supply chain, will return to the Malaysia International Trade and Exhibition Centre (MITEC) in Kuala Lumpur from 5 to 7 May. Registration is open.

The event underscores the region’s growing strategic importance in the global semiconductor ecosystem, as Southeast Asia continues to strengthen its role across advanced manufacturing and supply chain resilience. In Malaysia, the event, held in strategic partnership with the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), reflects the country’s continued push to strengthen its position in the global semiconductor ecosystem.

SEMICON SEA 2026 will be themed Transform Tomorrow and will focus on accelerating next generation technologies while addressing current structural challenges. It is expected to bring together more than 20,000 innovators, policymakers, and technology experts, fostering collaboration across the international semiconductor value chain, and provide the latest insights on artificial intelligence, smart manufacturing, sustainability, workforce development, advanced packaging, supplier sourcing, and more.

“The global semiconductor industry is expected to reach USD1 trillion in annual sales in 2026, a historic milestone fueled by an intensifying AI infrastructure boom. Market analysts note that Southeast Asia has emerged as a significant driver of global semiconductor growth, having outperformed the broader industry over the past few years, supported by sustained expansion in manufacturing capacity, assembly, testing and packaging, as well as its increasing integration into global semiconductor supply chains.”

“The semiconductor industry is entering a new era where progress will be defined by effective collaboration across the entire ecosystem,” said Ajit Manocha, President and CEO, SEMI. SEMICON Southeast Asia reflects this changing landscape through its program focused on closing gaps between innovation and execution – from design all the way to manufacturing. SEMI looks forward to hosting this year’s event in Malaysia, a semiconductor industry powerhouse with decades of proven success.”

**Ajit Manocha, President and CEO, SEMI**

“SEMICON Southeast Asia is a catalyst for driving collaboration and innovation across the semiconductor ecosystem, bringing together leaders, visionaries, and experts to address the industry’s most pressing challenges and seize emerging opportunities,” said Linda Tan, President, SEMI Southeast Asia. “As advanced technologies reshape manufacturing, SEMICON Southeast Asia empowers stakeholders to connect, exchange knowledge, and shape the future of the industry.”

**Linda Tan, President, SEMI Southeast Asia**

Closer to home, Malaysia’s semiconductor industry is entering its next phase of growth from a position of strength. The electrical and electronics (E&E) sector secured RM28.5 billion in approved investments in 2025, reaffirming its role as a cornerstone of Malaysia’s manufacturing economy and a trusted node in the global technology supply chain. SEMICON Southeast Asia 2026 arrives at a moment when Malaysia is moving beyond its established strengths in assembly and test into higher-value activities, including design, advanced packaging, and innovation-driven manufacturing.

“The semiconductor industry is at an inflection point, and Malaysia intends to be at the center of what comes next,” said Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA. “Under the New Industrial Master Plan (NIMP) 2030, Malaysia is not simply maintaining its position in the global semiconductor supply chain. We are deliberately reshaping it. Our investment fundamentals are strong. The RM28.5 billion secured by the E&E sector in 2025 is proof that global confidence in Malaysia has not wavered. We continue to build its robust ecosystem to match that confidence, through supply chain integration, local capability development, and the kind of high-value partnerships that platforms like SEMICON Southeast Asia are uniquely placed to catalyze. MIDA’s role here is not as a bystander. We are an active builder of his industry’s next chapter in Malaysia, and we are here to build it together.”

**Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA**

SEMICON SEA 2026 Focus Areas

AI and Intelligent Manufacturing: Dedicated AI forums and the new Intelligent Manufacturing Showcase developments in advanced manufacturing capabilities across the semiconductor ecosystem, including smart manufacturing, automation, digitalisation, and sustainability. This also supports talent development by exposing engineers and students to real‑world AI applications and future‑ready manufacturing roles.

Sustainability: Three days of dedicated sustainability discussions and a new Sustainability Pavilion focusing on energy, emissions, and efficiency, underscoring the semiconductor industry’s growing need to address global energy pressures while advancing a more sustainable growth pathway.

Talent Development: Workforce development in action through TECH Zoomers Bootcamp, TalentCONNECT, mentoring sessions, curated tours and career-focused programs, aligned with Malaysia’s National Semiconductor Strategy, which aims to train and upskill 60,000 highly skilled engineers by 2030. SEMICON Southeast Asia 2026 serves as a key platform to support this ambition by strengthening industry exposure, talent pipelines and skills development across the semiconductor ecosystem.

Advanced Packaging & Heterogeneous Integration: One and a half days of expert-led discussions on advanced packaging and heterogeneous integration, underscoring their importance in enabling next-generation semiconductor innovation and accelerating the industry’s move toward higher value creation across the value chain.

Suppliers Sourcing Programme: Targeted business matching featuring five leading global buyer companies engaging in pre-scheduled one-to-one meetings with suppliers to explore sourcing opportunities and new partnerships, serving as a strategic platform to deepen ecosystem linkages across the region.

MIDA Initiatives at SEMICON SEA 2026

At SEMICON SEA 2026, MIDA is running three program tracks that go beyond conversation to drive tangible outcomes for Malaysia’s semiconductor ecosystem:

The Supply Chain Integration & Capability Enhancement Forum brings together global semiconductor companies, Malaysian suppliers, and ecosystem stakeholders to share insights on industry trends, supplier expectations, and capability development. It aims to strengthen Malaysia’s supply chain ecosystem and support its advancement into higher-value segments of the semiconductor value chain.

The Digital Twin & Smart Manufacturing Seminar is aimed at Malaysian small and medium enterprises (SMEs) in the semiconductor and mobility supply chains, focusing on the practical adoption of digital twin technology and smart manufacturing. The goal is direct: raise the capabilities of local suppliers so they can meet the standards and requirements of global manufacturers operating in Malaysia.

The Handshake@SEMICON convenes senior decision-makers from leading global semiconductor and technology companies into direct, structured engagements. MIDA facilitates these engagements with a clear intent: to move from interest to investment, and from introduction to partnership.

Through SEMI’s TECH Zoomers programme at Universiti Kebangsaan Malaysia (UKM), MIDA will facilitate and contribute to a panel discussion on workforce development trends and job outlook in the semiconductor sector, to equip students and early talent with industry-relevant insights and strengthen Malaysia’s future semiconductor workforce.

SEMICON SEA is further strengthened by the support of leading partners and industry sponsors.

Diamond Sponsors: GlobalFoundries, Lam Research, Micron, Sandisk Corporation, Tokyo Electron Limited

Platinum Sponsors: Applied Materials, Global TechSolutions, Schneider Electric, SGS, Soitec, STATS ChipPAC

Gold Sponsors: Advantest, ASE, ECOWorld, Henkel, IAQ, KLA, Kulicke & Soffa, Siemens, Singtest, STMicroelectronics

Registration for SEMICON SEA 2026 is now open. For full program and conference details, please visit the SEMICON SEA website.

-END-

About SEMI

SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

About MIDA

Contact Information

MIDA
Mohd Mazlan Mokhtar
Director, Electrical and Electronics Division
Mobile: +603 2267 6655
[email protected]

Alpha Story Pte. Ltd.
Qistina Lim
Mobile: +60 12 725 8829
[email protected]

SEMI Corporate
Sherrie Gutierrez
Mobile: +1 831 889 3800
[email protected]

SEMICON Southeast Asia 2026 to Convene Leaders in Malaysia to Drive Next Phase of Semiconductor Growth

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New Facility Strengthens Malaysia’s Cleanroom Manufacturing Capabilities for High-Growth Industries

Kuala Lumpur, 17 April 2026 – iCents Group Holdings Berhad (“iCents” or the “Group”), a specialist in the design, engineering, procurement, construction and commissioning (EPCC), qualification and validation of cleanrooms, and the manufacture of cleanroom fixtures and related products, today marked the official launch of Maytech Cleanroom Manufacturing Sdn Bhd (“Maytech”), a wholly-owned subsidiary of iCents, at its facility in Mantin, Negeri Sembilan.

The launch ceremony was officiated by YB Tuan Teo Kok Seong, State Committee Chairman of the Industry and Non-Muslim Affairs, Negeri Sembilan, and attended by senior representatives from MIDA, Invest Negeri Sembilan, local authorities and industry partners. The event marks a key milestone in strengthening Malaysia’s capabilities in cleanroom manufacturing and advanced facility solutions.

Maytech specialises in the design, manufacturing and supply of cleanroom systems and related components, supporting high-specification industries such as semiconductor, data centres, pharmaceutical, life science, food & beverage as well as palm oil. The facility enhances the Group’s capacity to deliver integrated cleanroom and facility solutions while supporting the increasing demand for controlled environment infrastructure both domestically and regionally.

In line with its expansion, Maytech has committed a strategic investment of approximately RM15 million to enhance its advanced manufacturing capabilities and infrastructure. This investment supports the Group’s ability to deliver high-quality, precision-engineered solutions while strengthening its role in supporting industrial growth both locally and across regional markets.

The expansion is expected to generate approximately 100 employment opportunities, of which around 30% comprise skilled and technical roles, contributing to the development of a more specialised workforce within Malaysia’s advanced manufacturing sector.

The facility is equipped with a range of advanced manufacturing technologies designed to enhance production efficiency, precision and scalability. These include high-precision laser cutting systems for cleanroom door fabrication, a semi-automated panel production line with a capacity of up to 3,000 square metres per day, and advanced aluminium cutting systems that improve accuracy while reducing material wastage. In addition, the facility is supported by comprehensive material testing capabilities, including a Universal Testing Machine (UTM), as well as in-house laboratory facilities to ensure compliance with industry standards and consistent product quality.

Complementing its manufacturing capabilities, Maytech maintains a dedicated in-house research and development team focused on driving continuous innovation and developing solutions aligned with evolving cleanroom and industrial requirements.

Beyond Malaysia, Maytech has expanded its presence across regional markets, serving clients in Thailand, Indonesia, Vietnam and the Philippines, reflecting the Group’s growing footprint as a provider of specialised cleanroom and architectural solutions in Southeast Asia.

In line with its commitment to sustainable practices, Maytech continues to integrate Environmental, Social and Governance (ESG) principles into its operations, including efforts to validate its products under the Environmental Product Declaration (EPD) programme and ongoing initiatives to monitor and reduce its carbon footprint.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) said, “The launch of Maytech Cleanroom Manufacturing marks another significant milestone in Malaysia’s journey towards becoming a high-value, technology-driven economy. This investment reflects the nation’s continued progress in strengthening its industrial ecosystem, particularly in strategic sectors such as semiconductors, data centres, and life sciences. In line with the aspirations of the New Industrial Master Plan 2030, the development of advanced manufacturing capabilities, including cleanroom solutions, assumes a pivotal role in enhancing Malaysia’s competitiveness and attracting quality investments. MIDA remains committed to supporting companies like iCents in scaling up their technological capabilities, fostering innovation, and creating high-skilled employment opportunities. We are confident that initiatives such as this will contribute meaningfully to sustainable economic growth and further position Malaysia as a preferred hub for advanced manufacturing in the region.”

YB Teo Kok Seong, State Committee Chairman of the Industry and Non-Muslim Affairs, Negeri Sembilan said, “The establishment of Maytech Cleanroom Manufacturing Sdn Bhd reflects a significant local investment that supports the development of high-technology industries in Negeri Sembilan. This initiative not only strengthens the state’s industrial ecosystem, but also demonstrates investor confidence in our ability to provide a conducive environment for sustainable growth.

With an investment of approximately RM15 million and the creation of around 100 job opportunities, this facility contributes meaningfully to talent development and the creation of high-value employment, particularly for our youth.

The focus on cleanroom manufacturing and controlled environment solutions is highly relevant as industries continue to demand higher precision and stricter quality standards. Facilities like Maytech will play an important role in supporting these evolving industry needs, while strengthening Negeri Sembilan’s position as a competitive and dynamic industrial hub in the region.”

Ir. Ts. Vincent Ong Mum Fei, Managing Director of iCents Group Holdings Berhad commented, “The launch of Maytech Cleanroom Manufacturing marks a significant milestone in strengthening our manufacturing capabilities and supporting the growing demand for high-specification cleanroom and facility solutions. This facility enhances our ability to deliver integrated solutions across key industries such as data centres, semiconductors and pharmaceuticals, while reinforcing our commitment to quality, engineering excellence and disciplined execution. We believe this position us well to support both domestic and regional project requirements as these sectors continue to expand.”

Mr. Foo Siang Leng, Executive Director of iCents Group Holdings Berhad added, “Maytech represents an important step in expanding our operational capacity and elevating our production standards to meet increasingly complex project requirements. Following our involvement in data centre projects in Thailand since last year, and more recently in Indonesia, this reflects our growing regional footprint. With this facility, we are better positioned to support both local and overseas customers through improved production efficiency, product quality and timely project delivery, while maintaining our focus on operational discipline and technical precision.”

The event featured a series of activities including a corporate presentation, officiating ceremony, plaque signing and ribbon-cutting, as well as a guided tour of Maytech’s production and showroom facilities. Guests were also given the opportunity to explore the Group’s cleanroom technologies and engage in discussions on strategic collaboration and industry developments.

Looking ahead, iCents remains focused on strengthening its operational capabilities and expanding its presence in high-specification industries across the region. The Group will continue to prioritise technical excellence, product innovation and disciplined execution as it supports the evolving requirements of industries requiring controlled environments. With its enhanced manufacturing capabilities and growing regional footprint, iCents is well-positioned to deliver sustainable long-term value to its customers and stakeholders.

From left to right;
1. Abd Mukti Abu Bakar, Senior Deputy Director of Building Technology and Lifestyle, MIDA
2. Dato Hj Najmuddin Sharif bin Sarimon, Chief Executive Officer, Invest N9
3. ⁠Dato Lim Bee Vian, Chairman, ICENTS Group Holdings Berhad
4. ⁠YB Teo Kok Seong, Chairman of the Industry and Non Muslim Affairs, Negeri Sembilan
5. ⁠Ir. Ts. Ong Mum Fei (Mr. Vincent), Managing Director, ICENTS Group Holdings Berhad
6. ⁠Mr. Foo Siang Leng, Executive Director, ICENTS Group Holdings Berhad
7. ⁠Ms. Tan Wei Ying, Executive Director, ICENTS Group Holdings Berhad

-END-

About MIDA

ABOUT ICENTS GROUP HOLDINGS BERHAD

iCents Group Holdings Berhad (“iCents” or the “Group”) is a specialist in cleanroom engineering and facility solutions, focusing on the end-to-end delivery of engineering, procurement, construction, testing, commissioning and validation (“EPCC”) of cleanrooms across high-specification industries. The Group also manufactures cleanroom fixtures and related products, while offering standalone technical services including design and engineering, testing and validation services, as well as the supply of specialised cleanroom equipment. Complementing its core capabilities, iCents provides a comprehensive suite of facility services such as machinery and equipment hook-up, heavy-duty ceiling system installation, construction works, and maintenance support for critical facilities. Serving a diverse customer base spanning semiconductor and electronics manufacturing, data centres, pharmaceutical production, life sciences, palm oil processing, tissue culture and food and beverage manufacturing, the Group continues to strengthen its regional presence through reliable project execution and integrated cleanroom technology solutions.

For more information, visit https://www.icentsgroup.com/

Issued By: Swan Consultancy Sdn. Bhd. on behalf of iCents Group Holdings Berhad

For more information, please contact:

MIDA

Ms. Rozita Ibrahim
Director, Building Technology & Lifestyle Division
Email: [email protected]
Tel.: +603-2267 3479

ICENTS GROUP HOLDINGS BERHAD

Jazzmin Wan
Tel: +60 17-289 4110
Email: [email protected]

Xinyi Ching
Tel: +60 19-337 9099
Email: [email protected]

iCents Marks Launch of Maytech Cleanroom Manufacturing Facility

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Effective 16 March 2026, the MIDA Expatriate System (MES) consolidates end-to-end expatriate application management, from approval to ePass endorsement, within a single digital platform

Kuala Lumpur, 12 March 2026 –Malaysia is streamlining how companies hire and manage foreign talent. Effective 16 March 2026, the Malaysian Investment Development Authority (MIDA), the principal investment promotion agency for the Government, will centralise expatriate application processes for the manufacturing and selected services sectors under a single digital platform – the MIDA Expatriate System (MES). The move eliminates duplicated processes, reduces waiting time, and gives investors a transparent, end-to-end view of their applications at every stage.

Since 2003, MIDA has been officially appointed as an expatriate approving agency for manufacturing and selected services sectors. Since then, MIDA has built the infrastructure, expertise and institutional relationships to manage expatriate applications from end-to-end. A dedicated Immigration Unit, established in 2007, further strengthened this capability. Now, MES formalises and digitises this into a single coherent platform, providing investors for convenience to refer to only one place from submission to approvals to ePass endorsement.

Built on InvestMalaysia, MIDA’s official digital investment platform operational since 2017, MES integrates directly with the Malaysian Immigration System (MYImms), a primary Immigration’s computerised system, to manage the full lifecycle of expatriate applications through a single login and one-time document submission. Applications submitted via the Xpats Gateway platform are channelled into InvestMalaysia, which handles all stages including company registration, expatriate post and Employment Pass approvals, and ePass endorsement. The integration ensures faster processing, consistent evaluation standards nationwide, and clear tracking at every step.

Since June 2023, MIDA has evaluated more than 50,000 applications for expatriate posts and Employment Passes, underpinned by clear guidelines, experienced officers, established governance frameworks, and longstanding working arrangements with the Immigration Department. MES digitalises and integrates what were previously separate processes, bringing them into one coherent system without creating new infrastructure or additional layers of bureaucracy.

The system reinforces MIDA’s role as the sole agency mandated by the Ministry of Home Affairs since 2023 to evaluate and approve expatriate posts and Employment Pass applications for companies under MIDA’s purview through a more coordinated and efficient framework, while maintaining the necessary security, verification and compliance standards under the Immigration Department.

**Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO**

MIDA Chief Executive Officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the system delivers what investors have consistently asked for.

“Every time an investor has to chase an approval across different agencies, Malaysia loses ground. We cannot afford that. MIDA has been the mandated authority for expatriate approvals in this space since 2003. Over 50,000 applications have gone through our framework. The expertise is here, the systems are here, and now the platform is here too. MES is not a new idea. It is a long-overdue integration of what already works, built into something investors can rely on from day one.”

In addition, the Invest Malaysia Facilitation Centre (IMFC), a one-stop-centre for investment-related matters commenced in MIDA since 1 December 2023, strengthens the implementation of the MES by enabling closer coordination between the Immigration Department representative stationed at MIDA in managing expatriate-related processes. Through IMFC, the Department is able to support a more integrated and efficient workflow covering key stages of the applications.

MES is a collaborative initiative between MIDA, the Ministry of Home Affairs, the Immigration Department of Malaysia, and Malaysia Expatriate Services Centre Sdn. Bhd. (MyXpats Centre), a subsidiary of TalentCorp Group of Companies. The system is fully aligned with the Government’s agenda under the MADANI Economy Framework to rationalise investment promotion agencies, reduce duplication, and strengthen Malaysia’s position as a competitive investment destination.

Full application guidelines and FAQs will be available on MIDA’s website from 16 March 2026. Please visit https://www.mida.gov.my/forms-and-guidelines/ for more information.

*****

About MIDA

For Media Inquiries, Please Contact:

Ms. Azrina Binti Hashim
Director, Industry Talent Management and Expatriate Division, MIDA
Phone: +603-2267 3454 | E-mail: [email protected]

¹Manufacturing: All sub-sectors, with a focus on high-technology, automotive (EEVs/NxGVs), and aerospace

Selected Services Sectors under MIDA’s purview include: Global Services Hub (GSH), Representative/Regional Offices (RE/RO), R&D services, hotel and tourism projects, private higher education (science courses) and technical & vocational training institutions, oil & gas services, green technology (renewable energy, integrated waste management, EV charging stations, solar leasing), integrated logistics services (ILS), cold chain facilities (CCF), digital infrastructure, and smart logistics complexes (SLC).

GUIDELINE EP FOREIGN GRADUATE

GUIDELINE PVP

MIDA Launches One-Stop Digital System for Expatriate Applications, Cutting Red Tape for Investors

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Kuala Lumpur, 6 March 2026 – Malaysia recorded RM426.7 billion in approved investments for 2025, the highest level ever achieved. This represents an 11.0% increase from RM384.4 billion in 2024, marking continued growth in the country’s investment performance. This achievement comes amid a cautious global climate. The International Monetary Fund (IMF), in its World Economic Outlook, projected global growth at 3.3% in 2026¹

According to UNCTAD’s Global Investment Trends Monitor (January 2026), although global FDI flows rose 14% in 2025², much of the growth was concentrated in financial centres rather than in productive assets, with actual investment activity remaining subdued. In contrast, Malaysia’s performance is anchored in tangible project commitments: 8,390 approved projects across services, manufacturing, and primary sectors, expected to generate 244,902 new jobs.

Beyond the record total, key indicators also showed improvement. The number of approved projects rose by 9.2%, while expected job creation increased by 17.9%. Domestic investments (DI) totalled RM219.6 billion (51.5%), while foreign investments (FI) increased by 20.9% to RM207.1 billion (48.5%). Foreign investments grew across all three economic sectors: 63.4% in the primary sector, 28.7% in services, and 13.1% in manufacturing – reflecting continued international confidence in Malaysia as an investment destination. This balanced composition reflects strong domestic participation alongside sustained foreign investor interest.

The composition of FI³also reflects evolving regional trends. Singapore (RM58.3 billion) and the People’s Republic of China (RM58.0 billion) were the two largest sources, followed by the United States (RM15.1 billion), Japan (RM7.6 billion) and Hong Kong SAR (RM7.1 billion), rounding out the top five.

On the domestic front, five states emerged as the leading investment destination: Johor (RM110.0 billion), Selangor (RM83.9 billion), Wilayah Persekutuan Kuala Lumpur (RM63.3 billion), Pulau Pinang (RM32.9 billion) and Kedah (RM27.8 billion), collectively accounting for 74.5% of total approved investments.

“Malaysia’s record RM426.7 billion in approved investments for 2025 is a milestone that belongs to every Malaysian. Through MITI and MIDA’s sustained efforts, we have not only achieved the highest investment approvals in our nation’s history but done so with the right quality. Nearly 245,000 jobs are being created, growth is reaching our Less Developed States, and our manufacturing sector is steadily climbing the value chain. What gives me equal confidence is the balance of this achievement. More than half of our approved investments came from domestic sources, a clear signal that Malaysian businesses believe in this country’s direction and future. At the same time, foreign investment surged by 20.9 per cent, reflecting sustained international confidence in Malaysia as a destination for long-term, high-quality capital. With the New Incentive Framework now in effect and the Thirteenth Malaysia Plan guiding our national ambitions, MITI and MIDA remain fully committed to ensuring that every ringgit invested delivers lasting and meaningful value for the Rakyat.”

— YB Tuan Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry (MITI)

SERVICES SECTOR: SUSTAINING ECONOMIC MOMENTUM

The services sector secured RM281.3 billion in approved investments – 65.9% of the national total – involving 7,004 projects and is projected to generate 134,926 new jobs, the largest share of total job creation.

Domestic sources contributed 63.0% (RM177.2 billion), while foreign investment made up 37.0% (RM104.1 billion), representing a 28.7% year-on-year increase.

Spearheading the Digital Frontier

The information and communication⁴sub-sector led the surge with RM152.9 billion. A lion’s share of this approvals is driven by digital investments in Artificial Intelligence (AI), Big Data, data centres and cloud computing.

Data centres are projected to contribute RM14.1 billion to Malaysia’s economy in 2025. And their energy demands are accelerating our transition to renewable energy, driving the expansion of Large-Scale Solar projects toward our goal of 70 per cent renewable energy by 2050⁵.

According to UNCTAD, data centres accounted for more than one-fifth of all global greenfield project value in 2025, with investments exceeding USD270 billion worldwide, driven by demand for artificial intelligence and expanding digital networks⁶. France, the

United States, and South Korea were among the leading host countries, while Malaysia was identified alongside Brazil, India, and Thailand as an emerging destination attracting large-scale digital investments.

MITI and MIDA have moved on two fronts:

● The Data Centre Task Force (DCTF), established since February 2025 as a joint platform between MITI and the Ministry of Digital, streamlines the industry’s trajectory to ensure Malaysia remains a competitive and investor friendly regional digital hub.

● Enhancements to the Digital Ecosystem Acceleration (DESAC) scheme, have introduced rigorous sustainability benchmarks, including Power Usage Effectiveness (PUE) and Water Usage Effectiveness (WUE) metrics, while prioritising local ecosystem development through greater participation of local vendors, the creation of high-value jobs, and closer collaboration with universities and technical institutes in IT and engineering to support the digital industry.

Beyond digital investments, the services sector’s growth was further supported by strong performances in:

● Real Estate: RM78.2 billion, 21.2% increase from RM64.5 billion in 2024, involving 1,123 projects across residential, serviced apartment, and commercial developments nationwide, including an integrated energy hub and deep-sea port project aligned with Malaysia’s green energy transition under NIMP 2030 and NETR.

● Utilities⁷: RM13.7 billion

● Support Services⁸: RM12.6 billion

● Distributive Trade: RM10.8 billion

MANUFACTURING SECTOR: ADVANCING THE VALUE CHAIN

The manufacturing sector recorded RM131.3 billion in approved investments in 2025, representing 30.8% of Malaysia’s total approved investments, across 1,354 projects. Foreign investments (FI) accounted for RM100.6 billion (76.6%), while domestic investments (DI) contributed a substantial RM30.7 billion (23.4%). This continued inflow of capital underscores Malaysia’s position as a competitive destination for high technology and advanced manufacturing activities.

A Talent-Driven Industrial Evolution

These investments are projected to generate 109,950 new jobs, with 82.3% (90,497 positions) earmarked for Malaysians. Nearly half of these positions (46.3%) fall within managerial, and technical categories, indicating a continued shift towards higher-skilled employment.

This workforce transformation is reflected in the Managerial, Technical, and Supervisory (MTS) Index, which measures the skill intensity in the manufacturing sector. In 2025, the MTS Index rose to 42.8% (representing 47,111 positions), marking 29.1% year-on-year increase from 41.6% in 2024. This progress supports Malaysia’s goal under NIMP 2030 to build a more competitive and high-income workforce.

To support this momentum, MIDA’s Special Taskforce on Talent Facilitation (STF-TF), comprising 17 ministries and academic institutions works to bridge the gap between evolving industrial needs and talent supply as investments move into higher-value activities.

This focus on higher-value activities is also reflected in key industrial sub-sectors. The E&E industry remains a cornerstone of Malaysia’s manufacturing prowess, securing RM28.5 billion, and affirming its role in the global technology supply chain through AI and green technologies integration. The Chemicals and Chemical Products industry recorded RM24.9 billion in investments, underscoring its importance to Malaysia’s advanced industrial ecosystem.

Other industries contributing to the manufacturing sector’s growth include:

● Transport Equipment – RM14.9 billion

● Basic Metal Products – RM11.1 billion

● Machinery and Equipment (M&E) – RM11.0 billion

INDUSTRIAL CLUSTERS: BUILDING CRITICAL MASS

Malaysia’s key industrial clusters continue to gain depth and momentum, evolving into strong, self-reinforcing ecosystems that attract quality investments. Pulau Pinang’s well-established E&E cluster secured 83 projects worth RM11.3 billion, with 78% driven by foreign investors. This reflects sustained confidence in the state’s five-decade strength in electronics and its critical role in global technology supply chains.

The automotive cluster in Tanjong Malim recorded six projects valued at RM3.6 billion, including new investments in electric and hybrid vehicle manufacturing. This reinforces Malaysia’s growing presence in next-generation mobility and clean transportation technologies.

Meanwhile, the southern petrochemical cluster spanning Pengerang, Tanjung Langsat and Pasir Gudang attracted nine projects worth RM7.5 billion, including Sustainable Aviation Fuel (SAF) production – positioning Malaysia in a niche expected to grow as aviation decarbonisation pressures mount.

PRIMARY SECTOR DEMONSTRATES OPPORTUNITY

The primary sector recorded RM14.2 billion in approved investments, representing 3.3% of the total approvals. Across 32 projects, the sector is projected to generate over 28 new jobs, with investments concentrated in mining (RM14.1 billion) and agriculture (RM51.4 million). While modest in scale, the sector reflects continued strategic interest in resource-based and upstream activities.

INCLUSIVE GROWTH: REACHING BEYOND THE TRADITIONAL CENTRES

The Less Developed States (LDS) – Perlis, Kedah, Terengganu, Kelantan, Sabah, and Sarawak – secured 941 projects worth RM66.0 billion in 2025, representing 15.5% of total national approved investments, and projected to create 23,617 jobs.

Kedah led with RM27.8 billion, driven primarily by manufacturing activities, followed by Sabah (RM14.6 billion) and Sarawak (RM14.2 billion). Although disparities remain, the investment trajectory in these states is consistent with the National Investment Aspirations’ emphasis on inclusiveness and the priorities under the 13th Malaysia Plan (2026-2030).

CONTINUED FOCUS ON QUALITY AND SUSTAINABLE INVESTMENT OUTREACH

Malaysia’s drive to attract quality and sustainable investments continues across global markets. From 2025 to date, MITI and MIDA have undertaken 13 high-level overseas missions to key markets including the United States of America, several European countries, and the People’s Republic of China, complemented by strategic working visits led by the Prime Minister, YAB Dato’ Seri Anwar Ibrahim. These engagements have opened new pathways for investment opportunities worldwide.

This proactive outreach is reflected in Malaysia’s current investment landscape, with a strong pipeline of high-potential projects, reinforcing its position as a competitive investment destination. As of 2 February 2026, MIDA is overseeing 172 pipeline projects with proposed investments totalling RM29.1 billion.

Of these, 101 projects are in the services sector (RM18.4 billion), while 71 projects are in the manufacturing sector (RM10.7 billion).

Additionally, RM65.5 billion in high-potential investment leads are currently under active negotiation by MIDA, reflecting sustained investor confidence in Malaysia’s economic fundamentals.

IMPLEMENTATION OF APPROVED MANUFACTURING PROJECTS

Malaysia’s investment performance is measured not only by approvals but by implementation. Strategic platforms such as the National Committee on Investment (NIC), the Investment and Trade Coordination Action Committee, and the Invest Malaysia Facilitation Centre continue to assume a pivotal role in ensuring smooth project execution.

MITI and MIDA continue to work closely with federal and state stakeholders to facilitate and monitor project implementation.

Between 2021 and 2025, the National Committee on Investment approved 4,848 manufacturing projects, of which:

● 84.9% have reached various implementation stages, ranging from production to factory construction and machinery installation.

● 12.0% are in the planning phase, focusing on site selection and consultations with developers.

● Only 3.1% of projects were abandoned, highlighting Malaysia’s strong project realisation rate.

Annual data shows that:

● More than 90% of approved manufacturing projects in 2021 and 2024 have been implemented.

● Projects approved in 2025 have recorded a 62.2% implementation rate, in line with the typical 18 to 24 months development cycle for completion, depending on project complexity.

“Malaysia’s investment success is no accident – it is the product of clear policies, consistent institutions, and the reforms we put in place since early 2023. With the MADANI Economic Framework, NIMP 2030, and MITI’s policy architecture giving investors certainty, and with 84.9% of approved manufacturing projects already realised or underway — we have shown how Malaysia can stay resilient even as the world turns uncertain. The new facilities, advanced technologies, and quality jobs created in recent years reflect our whole-of-nation capability to turn investor confidence into industrial growth, while maintaining Malaysia’s position as a competitive and resilient investment destination.”

— YM Tengku Datuk Seri Utama Zafrul Aziz, Chairman of MIDA and Senior Political Advisor to the Prime Minister.

MODERNISING THE INVESTMENT LANDSCAPE

Malaysia’s record investment performance is being matched by reforms to strengthen its investment architecture. The reforms aim to ensure that Malaysia’s future growth is defined not only by volume, but by quality and long-term economic impact:

● New Incentive Framework (NIF): Effective 1 March 2026, the NIF shifts Malaysia toward an outcome-based model. It prioritises high-impact investments that meet specific National Investment Aspirations (NIA). The framework begins with the manufacturing sector, with a phased rollout to the services sector scheduled for the second quarter of 2026.

● Industrial Development Act 2026: Replacing the Industrial Coordination Act 1975, this represents a generational update of Malaysia’s industrial regulatory framework, introducing a more agile, transparent and facilitative approach to ensure regulation keeps pace with technological advancement and evolving investor expectations.

● Climate Change Bill: Anticipated to be tabled in the current parliamentary session, the Bill will establish the legal architecture for Malaysia’s transition to a low-carbon economy, providing the governance clarity and market signals that sustainability conscious investors increasingly require.

● MIDA Transformation Agenda: MIDA continues to strengthen its role in coordinating the end-to-end investor journey and driving investment policies that support a sustainable and competitive industrial ecosystem.

These initiatives are engineered to reinforce Malaysia’s competitiveness, ensuring that record-breaking investment inflows translate into tangible economic benefits and high quality opportunities for the Rakyat.

A FUTURE BUILT ON RESILIENCE, INNOVATION, AND ECONOMIC PROSPERITY

Malaysia’s transformative investment journey represents a bold step towards building a resilient, innovative, and prosperous future. With a robust policy framework and unwavering investor confidence, the nation is poised to strengthen its global standing as a premier, world-class investment destination.

“At MIDA, our focus goes beyond attracting investments, it is about ensuring that approved projects are implemented efficiently and successfully on the ground. Over the years, we have strengthened our facilitation mechanisms, enhanced coordination across government agencies, and deepened our engagement with investors to support the timely realisation of projects. These efforts reflect MIDA’s ongoing evolution into a more agile and responsive investment promotion agency, committed to partnering with investors throughout their journey and delivering lasting value to Malaysia’s economy.”

— Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA

From Left: Datuk Bahria Mohd Tamil, Deputy Secretary General (Investment & Management) MITI; YB Sim Tze Tzin, Deputy Minister of MITI; YM Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Chairman of MIDA and Senior Political Advisor to the Prime Minister; and Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA.

¹https://www.imf.org/en/publications/weo/issues/2026/01/19/world-economic-outlook-update-january-2026

²https://unctad.org/publication/global-investment-trends-monitor-no-50

³Compilation of foreign investments is based on the ultimate source. The ultimate source refers to the home country of the foreign investor that holds control over the decision-making process and investment management, even if the investment flows through several intermediary sources.

⁴Information and communication comprise of Telecommunications, MSC Status/MD Status and ICT Services

⁵BNM Quarterly Bulletin Vol. 41 No. 3 Third Quarter 2025

⁶https://unctad.org/news/data-centres-are-reshaping-global-investment-landscape

⁷Utilities comprise of Energy (Generation, Transmission and Distribution) and Water (Development of Water Services Industry)

⁸Support Services comprise of R&D, Logistics Services, Green Technology, Design Services, Professional Services and Other Support Services

***THE END***

About MIDA

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 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long term value creation for Malaysia. For more information, please visit www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

For media inquiries, please contact:

Ms. Fatmah Ahmad
Director of Corporate Communications Division
Email: [email protected]
Tel.: +603-2263 2428

Explainer: DOSM’s FDI and MIDA’s approved Foreign Investment (FI)

There has been some confusion on the term Foreign Direct Investment (FDI) as reported by the Department of Statistics Malaysia (DOSM), and the approved Foreign Investment (FI) data as captured by MIDA. To clarify, the Government has determined the use of these terms since December 2023, as follows:

● MIDA reports on approved Foreign Investments (FI) – These represent proposed investment projects with foreign equity participation that have been granted licenses, incentives, permits, grants, soft loans, etc., by relevant Ministries and Agencies. They are measured based on CAPEX and OPEX, such as land, building, and resources. Approved FI reflects potential investments into the country which will be realised into actual inflows over a specified period, usually across multiple years. On average, 18-24 months is the typical duration to complete the required regulatory steps between approval and implementation, before projects get off the ground. The release of approved FI data serves as a forward-looking indicator of investor’s confidence, the strength of Malaysia’s investment prospects, and the key sectors attracting foreign investors.

● DOSM reports on Foreign Direct Investment (FDI) – This figure refers to investments by non-residents via transactions of financial instruments, including equity, reinvestment of earnings and debt instruments (such as inter-company loans and advances, trade credits, etc.). For instance, if a foreign investor buys shares in a Malaysian company, this would be captured by DOSM’s FDI data. FDI statistics for Malaysia are compiled as part of the balance of payments, which is compiled based on the IMF’s BPM6 guidelines.

Media Release

Appendix I

Appendix II

Appendix III

Infographics (EN)

Infographics (BM)

Malaysia Breaks Investment Record with RM426.7 Billion in 2025, Up 11% Year-On-Year; Creating Over 240,000 New Jobs

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KUALA LUMPUR, 16 February 2026 — MIDA’s Invest Malaysia Facilitation Centre (IMFC), established in December 2023 to ensure approved investments translate into operational reality, has resolved more than 44,000 investor cases with an implementation rate of 99.9 percent. MIDA Chairman YM Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz shared the milestone today at an appreciation luncheon for IMFC partner agencies.

These figures reflect a deliberate shift in Malaysia’s approach to investments, to cover not only promotion but also effective execution. Out of 4,377 manufacturing projects approved between 2021 to September 2025, 90 percent are already operational.

These figures were shared during MIDA’s appreciation luncheon to recognise the contributions of officials and representatives from 12 partner ministries and agencies who have been instrumental in IMFC’s success, particularly in ensuring a smoother investor journey, and realising approved investments as quickly as possible for the benefit of Malaysian companies and SMEs, as well as our people.

“Investment promotion cannot end with the issuance of an approval letter. What matters is what happens after,” said YM Tengku Zafrul. “Every one of those 44,000 cases represents a moment where an investor needed a problem solved quickly and competently. IMFC exists to provide speedy resolution, regulatory certainty and access to the right resources for investors – which collectively strengthen Malaysia’s
competitiveness and safeguard livelihoods for Malaysia to deliver the benefits of the ‘People Economy’ on the ground.”

A WHOLE-OF-GOVERNMENT OPERATION

The IMFC operates as a coordinated platform spanning 12 ministries and agencies. The Immigration Department of Malaysia has facilitated 34,099 cases, the Royal Malaysian Customs Department 4,418, and the Inland Revenue Board 1,767. Tenaga Nasional Berhad, the Ministry of Human Resources, PERKESO, and Telekom Malaysia have collectively addressed hundreds more.

The practical consequences of this coordination are visible in individual cases. In one instance, IMFC facilitation compressed what would ordinarily be a five-month power infrastructure process into three days, enabling a major semiconductor manufacturer to remain on schedule. In another, streamlined customs clearance at entry ports supported a multinational’s expansion programme. A third company benefited from swift resolution of an electrical supply issue that could have delayed operations by months.

MIDA Chief Executive Officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid attributed IMFC’s effectiveness to a culture of end-to-end accountability.

“What distinguishes the IMFC model is something that goes beyond structure and process. It is a mindset,” said Datuk Sikh Shamsul. “The IMFC team operates with a sense of ownership over every case. There is no passing of files from one desk to another without accountability. When an agency partner is needed, the coordination happens immediately, not after several rounds of correspondence. This end-to-end accountability is what investors notice, and it is what sets Malaysia apart.”

RISING IN GLOBAL RANKINGS

Malaysia’s improvement in the IMD World Competitiveness Ranking, from 34th to 23rd, reflects the cumulative effect of these facilitation efforts. MIDA views the country’s ability to convert approved investments into functioning operations as a meaningful competitive differentiator amid geostrategic tensions, supply chain reconfigurations, and rising economic nationalism.

“Through extensive conversations with investors, both foreign and domestic, I have observed that their requirements extend beyond financial incentives alone,” YM Tengku Zafrul said. “They consistently emphasise three fundamental priorities: speed of execution, policy certainty and consistency, and strategic access to skilled talent, reliable infrastructure, and senior decision-makers who understand their business.”

NATIONWIDE EXPANSION AND STRATEGIC REORIENTATION

IMFC Johor, launched in February 2025 as part of the Johor-Singapore Special Economic Zone framework and jointly operated by IRDA, Invest Johor, and MIDA, has received approximately 1,000 investment enquiries since its establishment. In 2026, The Government intends to expand the IMFC model to other regions, ensuring that quality investment facilitation extends beyond the Klang Valley.

The expansion coincides with a broader strategic shift. MIDA’s New Incentive Framework, implemented in the first quarter of 2026, directs support toward investors contributing advanced technologies, creating quality employment, and delivering substantive returns to the Malaysian economy. Through the InvestLokal initiative, MIDA is also strengthening its engagement with domestic investors, particularly small and medium enterprises.

MIDA’s TRACK (Project Implementation and Facilitation Office) complements IMFC through its On-Track Digital System, which provides real-time project tracking to enhance transparency, accountability, and operational efficiency from approval through to implementation.

“Given finite public resources, we must be strategic and deliberate in allocating our support,” YM Tengku Zafrul said. “We are now directing support toward investors who contribute advanced technologies, create quality employment, and deliver substantive returns to the Malaysian economy. We are shifting our emphasis from volume to value, from approvals to outcomes.”

Datuk Sikh Shamsul added: “From an operational perspective, MIDA is fully prepared to execute whatever strategic direction is set. Our team is more experienced, more integrated, and more committed than ever before. The foundation we have built through IMFC over the past two years gives us the confidence to move into the next phase.”

-End-

About MIDA
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 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit www.mida.gov.my
and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

For media enquiries:

MIDA
Cik Zabidah Daud
Director, Post-Investment Division
Email : [email protected]
Tel.: +603- 2267 6719

Invest Malaysia Facilitation Centre: More Than 44,000 Investor Cases Resolved, 99.9% Implementation Rate Within Two Years

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Kuala Lumpur, 13 February 2026 — Heng Hiap Industries Sdn. Bhd. (HHI), Malaysia’s leading integrated plastic recycler and circular solutions provider, announced that it has become the first mechanical and chemical plastic recycler in Southeast Asia to receive B Corporation (B Corp) certification. This achievement follows the company’s successful grant allocation under the Domestic Investment
Accelerator Fund for ESG (DIAF-ESG) by the Malaysian Investment Development Authority (MIDA).

Verified by To-Cert Limited, the independent verification body appointed by B Lab, the certification recognises HHI’s commitment to high standards of social and environmental performance, transparent governance, and responsible business conduct. This milestone marks a significant step in Malaysia’s industrial transition toward a purpose-driven and sustainable economy.

MIDA’s initiative in advocating ESG adoption and practices to the local industry players, particularly Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs), underlines the agency’s commitment to advancing the sustainability agenda for Malaysian businesses. Through fiscal incentives, advisory services, seminars and facilitation programmes, MIDA actively supports companies in adopting low-carbon
technologies, improving resource efficiency, and building globally competitive green industries.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, commented, “As a government agency entrusted to promote a sustainable investment ecosystem, MIDA will continue encourage companies to adopt ESG practices and support Malaysia’s net zero commitment by 2050. HHI’s B Corp certification exemplifies how innovation, social impact and sustainable manufacturing can drive the next generation of high-value green industries.”

Mr. Kian Seah, CEO of HHI, added, “This certification is not the end game but the foundation for circular trust. Every kilogram of recycled plastic now carries a story of inclusion, traceability, and verified impact. We are grateful for MIDA’s guidance, which has been invaluable in aligning our sustainability journey with Malaysia’s national industrial agenda.”

Setting a new industrial benchmark for circular transformation

HHI’s B Corp certification recognises nearly two decades of innovation in plastic recycling. The company pioneered a model that transforms post-consumer and ocean-bound plastic scrap into traceable, premium-grade recycled resins for the international markets, exporting to more than 40 countries.

HHI’s efforts translate the New Industrial Master Plan 2030 (NIMP 2030) and the National Industry ESG Framework into actionable business practices that support the UN’s Sustainable Development Goals, while advancing Malaysia’s economic growth alongside environmental stewardship.

While Mr. Thomas Ng, the Lead of B Market Builder Southeast Asia, the regional chapter of B Lab, highlighted, “HHI is a benchmark for manufacturing companies embedding circularity and inclusion into governance. Its B Corp journey shows how industrial recyclers can lead in delivering measurable positive impact.”

Driving investor confidence in Malaysia’s circular manufacturing future

With this certification, HHI joins a global community of more than ten thousand B Corps and remains among the few heavy industry companies in Asia recognised for measurable environmental and social outcomes.

HHI will continue expanding its Asia to Europe and the United States’ circular corridor, supplying verified recycled materials and compliance documentation to global brand owners navigating new international recycled content regulations.

By converting locally collected post-consumer and ocean-bound plastic scrap into feedstock for high-quality mechanical and chemical recycling, HHI demonstrates that Malaysia can deliver impact-verified materials at global scale.

-THE END-

About MIDA

About Heng Hiap Industries (HHI)
Founded in 2002 in Pasir Gudang, Johor, HHI is an integrated recycler specialising in certified recycled polypropylene and polyethene resins. Its feedstock upcycling model connects independent recycling operators, small yards, and industrial sources into a traceable circular supply chain. HHI recovers both post-consumer and ocean-bound plastic scrap by converting them into certified resins for global brand owners. The company exports to up to forty countries and collaborates with leading manufacturers to build a trusted circular economy in Asia. www.henghiap.com

About BMB SEA

B Market Builder Southeast Asia is the regional partner of the global non-profit B Lab Network, with a mission to advocate for businesses committed to balancing profit and purpose, benefitting people, planet, and communities. B Lab drives economic systems change through standards, tools, and policies that enable companies to create measurable positive impact.
https://bcorpsea.org/

For media enquiries, please contact:

MIDA
Mr. Syed Kamal Muzaffa Syed Hassan Sagaff
Director, Sustainability Division
Email: [email protected]
Tel.: +603-2267 3636

Heng Hiap Industries (HHI)
Mr. Kian Seah
CEO and Founder
Email: [email protected]

BMB SEA
Tan Ee Beng
Director
Email: [email protected]

HHI Becomes Southeast Asia’s First Integrated Mechanical and Chemical Plastic Recycler Awarded B Corp Certification

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HSINCHU, Taiwan / PENANG, Malaysia, 9 February 2026 – Chipbond Technology Corporation, a leading global provider of semiconductor packaging and testing services, today marked the official opening of its new advanced manufacturing facility, Chipbond Technology Malaysia Sdn. Bhd., located in Valdor Industrial Park, Batu Kawan, Penang, Malaysia.

The establishment of the facility represents a significant milestone in Chipbond’s global expansion strategy, with a total investment of close to US$200 million (approximately RM800 million). The new plant strengthens Malaysia’s position within the global outsourced semiconductor assembly and test (OSAT) value chain, while reinforcing Malaysia’s role as a key hub for advanced semiconductor manufacturing.

Highlighting the broader impact of the project, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said, “This facility represents a new investment that contributes to the expansion of Malaysia’s OSAT capacity and ecosystem while further strengthening the nation’s semiconductor competitiveness. It brings deeper integration, technology transfer, and the building of local capabilities that will benefit Malaysia’s semiconductor ecosystem for years to come. Chipbond is bringing advanced OSAT expertise in wafer bumping and chip-scale packaging that requires highly skilled engineers. Your commitment to structured training programmes and university collaborations will equip Malaysians with the skills needed for complex, high-value semiconductor production. With companies like Chipbond anchoring advanced capabilities here, Malaysia is building an integrated semiconductor ecosystem where local talent and SMEs can participate meaningfully in global value chains.”

Dato’ Loo Lee Lian, Chief Executive Officer of InvestPenang (representing the Right Honourable Mr. Chow Kon Yeow, Chief Minister of Penang), stated, “Backed by more than 50 years of industrialisation and a strong foundation in OSAT, Penang has built a mature ecosystem, a skilled talent base, and a conducive business environment. Investments such as Chipbond’s are strategic in driving Penang’s shift towards advanced packaging and innovation-led growth and aligning with the National Semiconductor Strategy (NSS). We look forward to seeing strong knowledge transfer, talent upskilling, and deeper collaboration, further strengthening Penang’s position as a regional hub for advanced semiconductor packaging.”

Mr. Wu Fei Jain, Chipbond Chairman, emphasised, “This new facility represents Chipbond’s commitment in expanding our global footprint and assuring customers of stable and continuous supply. Without the supports of Malaysia government, contributions of our customers and the tireless dedications of Chipbond teams, we would not be able to achieve this challenging goal within such a compressed time frame.”

The Penang facility will offer advanced semiconductor processes, including advanced wafer bumping, wafer-level chip-scale packaging (WLCSP) and testing, with an initial capacity of 10,000 wafers and 100 million WLCSP unites per month. The plant is also equipped to support flip-chip packaging assembly and test, providing flexibility for future technology and customer requirements. Internal qualification of the facility is scheduled for completion by the end of 2025, with customer qualification commencing in the first quarter of 2026.

The establishment of Chipbond Technology Malaysia Sdn. Bhd. underscores Malaysia’s continued attractiveness to global semiconductor players and highlights the country’s growing role in supporting resilient, high-value and innovation-driven semiconductor supply chains.

-THE END-

About MIDA

About InvestPenang

InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), Global Business Services (GBS) Focus Group (promoting and developing digital economy) and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.

About Chipbond Technology

Established in 1997, Chipbond is a prominent global provider of semiconductor packaging and testing services, specialising in solutions for display driver integrated circuits. The company offers a diverse portfolio of technical processing, including bumping, assembly, and compound semiconductor manufacturing for advanced wafers. Beyond their industrial capabilities, the firm maintains a strong focus on corporate governance and environmental, social, and governance (ESG) initiatives, consistently ranking high in ethical management assessments. Investors can access comprehensive financial reporting and dividend data, while prospective employees are presented with information regarding career development and workplace benefits. Ultimately, this source serves as a central hub for stakeholders to explore the company’s technological innovations, commitment to sustainability, and strategic mission within the electronics supply chain.

For media enquiries, please contact:

MIDA

Mohd Mazlan Mokhtar (Mr.)
Director of Electrical & Electronics Division
T: 03- 2267 6655
Email: [email protected]

InvestPenang

Elaine Cheah / Arief Ferdaus
Communications & Business Intelligence
Tel: +604-646 8833
Email: [email protected] / [email protected]

Chipbond Technology

Chipbond IR
Email: [email protected]
Website: https://www.chipbond.com.tw/en

Chipbond Technology Strengthens Malaysia’s Advanced Semiconductor Ecosystem with New Penang Facility

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KULIM, Kedah, 5 February 2026 – Menicon Malaysia Sdn. Bhd., a wholly owned subsidiary of Japan-based Menicon Co., Ltd., and a global provider of comprehensive ophthalmic solutions spanning lens materials, design and lens care products, today officially launched its new manufacturing plant at the Kulim Hi-Tech Park, reinforcing Malaysia’s position as a high-value medical device manufacturing.

With a total approved investment of RM1 billion, the new facility represents Menicon’s most advanced and future-ready manufacturing site globally. Designed around a fully integrated smart factory concept, the plant combines automated production, logistics, warehousing and quality control within a digitally connected ecosystem, enabling stable, high-volume production of silicone hydrogel contact lenses.

Datuk Sikh Shamsul Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said Menicon’s expansion reflects strong investor confidence in Malaysia’s industrial capabilities and talent base.

“Menicon’s smart factory investment underscores Malaysia’s growing strength in advanced, high value-added manufacturing. Beyond export growth, this project drives meaningful technology transfer, accelerates the development of high-skilled local talent, including engineers, technicians and TVET graduates, and supports Malaysia’s shift towards innovation-driven manufacturing under the New Industrial Master Plan 2030. These are precisely the investments that generate long-term economic impact and resilience for Malaysian”, he said.

Mr. Koji Kawaura, President & CEO of Menicon Co., Ltd., commented, “With the start of operations at the Malaysia Plant, we will significantly strengthen our supply capabilities to meet the rapidly growing global demand for 1-day lenses. I am confident that this will not only accelerate Menicon’s further growth in global markets but also help us fulfil our mission of protecting eye health for people around the world.” His remarks underscored the vital role the new plant will play in Menicon’s future global expansion.

The facility supports large-scale, high-efficiency production of daily disposable contact lenses and related components, leveraging Menicon’s proprietary manufacturing technologies. The Malaysia facility’s output is export-oriented, supplying key international markets including Japan, Germany and the United States, and contributing directly to Malaysia’s export earnings while strengthening its position within the global ophthalmic value chain.

Menicon Malaysia currently employs 150 personnel, with approximately 93 per cent Malaysians, and places strong emphasis on structured talent development through internship, technical training and hands-on exposure to smart manufacturing and advanced automation system. These initiatives support Malaysia’s broader human capital and TVET enhancement agenda, particularly in high-precision medical device manufacturing.

In addition to driving export, the localisation of contact lens and component manufacturing supports Malaysia’s import substitution agenda, reducing reliance overseas supply while enhancing supply chain resilience for critical medical consumables.

-END-

About MIDA

About Menicon
Since developing Japan’s first corneal contact lens in 1951, Menicon has contributed to society under its corporate slogan: “Providing better vision for a better life.” Prioritizing eye safety, we focus on R&D, advanced proprietary manufacturing technologies, and ongoing eye‑health support through the MELS Plan. Headquartered in Nagoya, we operate globally in more than 80 countries, offering comprehensive solutions ranging from lens materials and design to the production of lens care products.

For media inquiries, please contact:

MIDA
Ms. Azlina Hamdan
Director, Life Sciences & Medical Technology Division
Email: [email protected]
Tel: +603-2267 3791

Menicon
Contact Person
Designation
Email:
Tel:

Menicon Advances High-Value Ophthalmic Manufacturing in Malaysia With Smart Factory Launch

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Seremban, Negeri Sembilan, Malaysia, 5 February 2026 – Nexperia successfully hosted its Global Supplier Day yesterday at its high‑volume production facility in Seremban, Negeri Sembilan. The event brought together key partners, including 40 global suppliers from around the world, to align on the company’s expansion strategy and future collaboration opportunities.

In his opening address, Nexperia CEO a.i. Stefan Tilger highlighted the crucial role suppliers play in meeting the rising global demand for semiconductors. Tilger stated, “Our suppliers play a vital role in our ability to serve customers worldwide, and we are grateful for the strong partnerships we have built together. As we navigate this period of operational disruption, our solid financial foundation and shared commitment give us full confidence in the road ahead. We look forward to continuing this journey together, built on trust, transparency, and long-term collaboration.”

Nexperia was also honoured to welcome TS Norhizam Ibrahim, Executive Director, Manufacturing Development (Non‑Resource) of the Malaysian Investment Development Authority (MIDA), who delivered a keynote speech addressing Malaysia’s growing strategic role in the global semiconductor ecosystem. In his remarks, TS Norhizam Ibrahim shared, “This Global Supplier Day serves as a strategic launchpad to reinforce Malaysia’s industrial resilience and build supply chains that can withstand global shocks. Our priority is to seamlessly integrate capable Malaysian companies into the global semiconductor value chain, while strengthening long-term partnerships with industry leaders such as Nexperia.”

The Global Supplier Day comes at a strategic moment for Nexperia as its Seremban site prepares for an accelerated ramp‑up of production capacity. This expansion will contribute to the company’s broader goal of strengthening geographical diversification and ensuring reliable, stable supply to customers worldwide.

Nexperia emphasised that this growth trajectory is only possible through close cooperation with its global network of suppliers. Maintaining strong partnerships remains essential for achieving the company’s ambitious expansion plans and supporting the long‑term resilience of the semiconductor industry, while also reinforcing Malaysia’s position as a strategic hub in the global semiconductor ecosystem.

1. Mr. Mohd Mazlan Mokhtar, Director of Electrical and Electronics Division (fourth from left)
2. Mr. Stefan Tilger, CEO of Nexperia B.V (fifth from left)
3. Ts. Norhizam Ibrahim, Executive Director Manufacturing Development (Non-Resource) of MIDA (sixth from left)
4. Mr. Achim Kempe, Chief Operating Officer (COO) of Nexperia B.V (fifth from right)
5. Ms. Noorzita Mohamad Nor, Director of Business Services and Regional Operations Division (right)

-END-

About MIDA

About Nexperia

Headquartered in the Netherlands, Nexperia is a global semiconductor company with a rich European history and over 12,500 employees across Europe, Asia, and the United States. As a leading expert in the development and production of essential semiconductors, Nexperia’s components enable the basic functionality of virtually every commercial electronic design in the world – from automotive and industrial to mobile and consumer applications.

The company serves a global customer base, shipping more than 110 billion products annually. These products are recognized as benchmarks in efficiency – in process, size, power, and performance. Nexperia’s commitment to innovation, efficiency, sustainability, and stringent industry requirements is evident in its extensive IP portfolio, its expanding product range, and its certification to IATF 16949, ISO 9001, ISO 14001 and ISO 45001 standards.

For media inquiries, please contact:

MIDA

Mr. Mohd Mazlan Mokhtar
Director, Electrical & Electronics Division
Email: [email protected]
Tel.: +603-2267 6655

Nexperia

For press information, please contact: [email protected]

Nexperia Hosts Global Supplier Day in Seremban to Strengthen Long‑Term Growth and Supply Chain Partnerships

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Kuala Lumpur, 30 January 2026 – Pursuant to the announcement made by the Ministry of Investment, Trade and Industry (MITI) on 29 January 2026, the Malaysian Investment Development Authority (MIDA) stands ready to operationalise the New Incentive Framework (NIF) from 1 March 2026, marking a shift towards an outcome-based, value-driven investment approach in Malaysia.

The framework will be applied to the manufacturing sector first, followed by the services sector in the second quarter of 2026. The NIF essentially ties tax incentives directly to measurable economic outcomes. Companies will be assessed using the National Investment Aspirations (NIA) Scorecard*, which quantifies contributions to job quality, technology transfer, supply chain resilience and sustainability.

Tengku Datuk Seri Zafrul Tengku Abdul Aziz, MIDA Chairman, said the framework is premised on the fundamental principle of returns on (incentive) investment by the Government. “The NIF is designed to ensure that every ringgit of foregone revenue delivers meaningful, multiplied returns to the nation’s economy. Our priority is not merely to attract investments, but to secure greater value, deeper industrial linkages, and better benefits for the Malaysian economy, SMEs and our people.”

In terms of implementation, incentive applications for manufacturing sector under the Promotion of Investments Act 1986 will still be accepted by MIDA no later than 3.00pm on 28 February 2026. All new manufacturing sector incentive applications submitted from 1 March 2026 onwards will be assessed under the NIF. Manufacturing companies with existing approvals will not be affected, and their incentives will continue under the approved terms and conditions.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA Chief Executive Officer, said, “MIDA fully supports the implementation of the NIF as it represents a major step forward in ensuring that Malaysia attracts the right type of investments—those that are high-value, innovation-driven and sustainable. By linking incentives to clear performance outcomes, the NIF strengthens investor confidence while delivering spillover benefits to the domestic economy, especially for local SMEs and Malaysian talents.”

The framework offers two mutually exclusive incentive options: a special tax rate or an investment tax allowance. Companies may choose the option that best suits their project profile and business model.

MIDA will actively guide investors through the transition from the previous incentive regime to the NIF. The application process will be integrated into MIDA’s digital platforms, providing end-to-end processing for investors. Implementation guidelines, frequently asked questions (FAQs), covering eligibility criteria, scorecard assessment parameters and evaluation processes, are now available on MIDA’s official website and MITI’s NIF microsite.

Datuk Sikh Shamsul Ibrahim added, “We look forward to working closely with investors throughout this transition. MIDA remains committed to facilitating and supporting both new and existing investors, to ensure the projects approved under the NIF deliver strong national outcomes in line with the NIA.”

MIDA will also intensify engagement and outreach sessions to ensure awareness and readiness among domestic and foreign investors, particularly within the manufacturing and services sectors. This rollout will be supported through close collaboration with MITI and the Ministry of Finance.

The NIF represents Malaysia’s most significant shift in investment policy in decades. For further information and application guidance, investors may refer to the NIF Implementation Guidelines on MIDA’s official website at www.mida.gov.my.

— END —

About MIDA

For media enquiries:

MIDA
Ms. Yusni Md. Yusop
Director, Strategic Planning & Policy Advocacy (Manufacturing) Division
Email: [email protected]
Tel.: +603- 2267 3681

*Note:

The NIF will be assessed in alignment with six (6) pillars of the National Investment Aspirations (NIA), namely:

Increasing economic complexity
Creating high-value job opportunities
Strengthening domestic linkages
Developing new and existing clusters
Improving inclusivity
Enhancing sustainability practices

APPENDIX: INDUSTRY RESPONSE

Federation of Malaysian Manufacturers (FMM)

Mr. Jacob Lee, President:

“The introduction of the NIF is timely as manufacturers are navigating technological transformation, supply chain reconfiguration and sustainability requirements. The outcome-based model provides greater clarity and encourages companies to upgrade, move up the value chain and invest in higher-productivity activities. FMM looks forward to continued engagement with the Government to ensure smooth implementation and practical facilitation for our members.”

Malaysian International Chamber of Commerce and Industry (MICCI)

Ms. Christina Tee, National President:

“As the voice of the international business community in Malaysia, MICCI welcomes the NIF as announced in the National Budget 2026. The new framework is a bold step toward global competitiveness. Our members, who represent a significant portion of Malaysia’s Foreign Investment (FI), value the framework’s transparency and its shift toward capability-driven growth, and we believe this performance-linked approach will provide the long-term predictability that global investors require to commit to Malaysia’s structural transformation.”

SME Association of Malaysia

Dr. Chin Chee Seong, National President:

“The SME Association of Malaysia views the NIF as a vital mechanism for integrating our MSMEs into the global value chain. The focus on ‘Domestic Linkages’ within the NIA Scorecard is particularly encouraging, as it incentivises large foreign and local investors to deepen their collaborations with local vendors. This is a golden opportunity for Malaysian SMEs to level up their technology and ESG standards. We are committed to working with MIDA to ensure our members are ‘NIF-ready’ and can effectively support the high-impact projects that this framework aims to attract.”

MIDA Stands Ready to Implement New Outcome-Based Incentive Framework From 1 March

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Strategic Partnership Aims to Foster Business Growth, Innovation, and High-Value Job Creation while Strengthening Malaysia’s Digital Economy

Kuala Lumpur, 29 January 2026 – The Malaysian Investment Development Authority (MIDA), in collaboration with BEYOND4, successfully hosted the Strategic Engagement Session 2026 on Malaysia’s Start-Up Ecosystem today at MIDA, Kuala Lumpur. The session brought together key stakeholders, industry leaders, and relevant Malaysian start-up ecosystem partners to explore strategies for positioning Malaysia as a leading regional hub for high-growth start-ups and innovation.

The half-day programme aimed to foster collaboration, explore investment opportunities, and identify strategic interventions that can accelerate the development of a world-class start-up ecosystem in the country.

The session started with an Opening Address by Datuk Sikh Shamsul Ibrahim bin Sikh Abdul Majid, Chief Executive Officer of MIDA, who highlighted the nation’s commitment to strengthening its innovation landscape and supporting high-potential technology companies. He emphasised that while MIDA has traditionally focused on investment promotion, the agency is now expanding its role as an ecosystem connector, linking start-ups, corporates, investors, research institutions, and Government agencies.

“Start-ups are key drivers of innovation, industrial growth, and economic transformation,” said Datuk Sikh Shamsul Ibrahim. “Through initiatives such as this Strategic Engagement Session, MIDA aims to enhance start-up visibility, facilitate industry linkages, and provide structured support to help these ventures scale and access both domestic and regional markets.”

Mr. S.T. Rubaneswaran, Chief Executive Officer of BEYOND4, who also spoke at the event, highlighted the importance of integrated talent development, innovation frameworks, and partnerships in catalysing start-up growth across Malaysia.

Knowledge Sharing and High-Impact Discussions

The session also featured a Start-Up Sharing Session, where founders shared real-world experiences, highlighted the challenges and opportunities faced by early-stage ventures.

A panel discussion on Strategies to Create a World-Class Start-Up Ecosystem in Malaysia brought together leaders from:

Cradle Fund Sdn. Bhd.;
Iskandar Investment Berhad (IIB);
Universiti Kebangsaan Malaysia (UKM); and
Qarbotech Sdn. Bhd.

The discussions focused on enhancing Malaysia’s attractiveness to global innovators, strengthening ecosystem connectivity, nurturing investable start-ups, and creating sustainable pathways for commercialisation and regional expansion.

Participants also explored cross-agency collaborations to support talent pipelines, technology adoption, and scaling opportunities across key sectors, reflecting MIDA’s commitment to facilitate start-up growth, foster partnerships, and integrate innovative solutions into Malaysia’s broader industrial and investment ecosystem.

In conjunction with the event, Yayasan Pahang launched the Pahang Startup Blueprint 2030, a strategic framework to strengthen the state’s start-up ecosystem, developed with contributions from MIDA and Beyond4. The initiative reflects MIDA’s collaboration with the state government and the shared commitment of key stakeholders to support innovation and sustainable ecosystem development.

The Strategic Engagement Session 2026 underscores MIDA’s role not just as the government’s principal investment promotion agency, but a proactive enabler of innovation and entrepreneurship, ensuring that Malaysia remains a competitive and attractive destination for start-ups, investors, and industry partners alike.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO

MIDA-BEYOND4 Strategic Engagement Session

-END-

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 20 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 BEYOND4

Beyond4 (B4) is dedicated to fostering and expanding ecosystems across Southeast Asia, with a focus on talent development, enterprise innovation, and startup growth. As a recognized leader in Malaysia, we have extended our presence to Singapore and established strategic partnerships in India, the United Kingdom, France, Thailand, Hong Kong, Taiwan, and the Philippines.

Our unique accelerator models are tailored to help governments and enterprises address pressing challenges through innovative solutions. These models are developed within the robust partner network of the Beyond4 ecosystem and are delivered by a specialized team of experts to ensure impactful results.

We are at the forefront of establishing Malaysia and Southeast Asia as global hubs for innovation, growth, and entrepreneurship.

For media enquiries, please contact:

MIDA
Mr. Awangku Fiarulnazri Awang Tajudin
Head of Corporate Strategy and Revenue Management Section
Phone: +603-2267 6682
Email: [email protected]

BEYOND4
Ms. Syarifah Syaidatul Izzati
Phone: +60179339787
Email: [email protected]

MIDA and Beyond4 Convene 2026 Strategic Engagement to Strengthen Malaysia’s Start-Up Ecosystem

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TAIPEI CITY, Taiwan / PENANG, Malaysia, 27 January 2026 – congatec, one of the global leaders in embedded and edge computing technology, announced the establishment of its new subsidiary in Penang, Malaysia, marking a strategic expansion of its engineering and research footprint in Asia. The move signals congatec’s commitment to anchoring high-value embedded computing design, customisation and technical support capabilities in Malaysia as part of its global “local for local” strategy.

As part of the expansion, congatec has onboarded an experienced embedded engineering team from Kontron Asia, comprising 23 specialised engineers, with plans to scale the Penang operation to approximately 70 employees over the medium term. The new subsidiary strengthens congatec’s regional research and development (R&D) and technical support capabilities, enabling faster development cycles, application-ready (aReady.) solutions and closer collaboration with customers across the Asia-Pacific market.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said, “congatec’s expansion to establish its R&D subsidiary in Penang exemplifies Malaysia’s shift towards high-value, innovation-driven activities within our electrical and electronics ecosystem. This investment underscores the growing recognition of Malaysia as a strategic location for advanced embedded computing capabilities. By anchoring sophisticated engineering and technical support functions here, we strengthen domestic R&D capacity, accelerate technology adoption, and create meaningful career pathways for Malaysian engineering talent. Aligned with the New Industrial Master Plan 2030, congatec’s expansion contributes to Malaysia’s position as a competitive hub for next-generation embedded and edge computing innovation in the region.”

Dato’ Loo Lee Lian, Chief Executive Officer of InvestPenang (representing the Right Honourable Mr. Chow Kon Yeow, Chief Minister of Penang), stated, “Penang’s 50 years of industrialisation has shaped a deep and highly skilled talent base spanning engineering, design, manufacturing, and advanced technologies. This long-standing industrial maturity enables investors like congatec to scale R&D, technical support, and regional operations efficiently, supported by talent that is both globally competitive and industry-ready.” She further added, “We are confident that congatec’s presence will generate meaningful technological spillovers for Penang. The integration of “Designed in Germany” quality standards with Penang’s robust industrial ecosystem—supported by our highly skilled talent—will create strong synergies for innovation and growth.”

Dr. Dominik Ressing, CEO of congatec, stated, “The opening of our Malaysian subsidiary is a natural next step in our ‘local for local’ philosophy. Regional development and support resources enable us to respond faster and more precisely to local requirements. Our goal is to improve customers’ time-to-market, total cost of ownership, and return on investment through local engineering expertise, while reducing barriers to application development across the APAC region.”

Mr. Konrad Garhammer, Chief Operating Officer (COO) and Chief Technology Officer (CTO) of congatec, added, “We are delighted to welcome such an experienced and highly motivated engineering team to the congatec family. With our new location in the ‘Silicon Valley of the East,’ we gain access to an outstanding ecosystem of semiconductor manufacturers and production partners. This enables us to combine our German engineering DNA with the dynamism of the Asian market. The new team brings extensive experience in developing highly integrated embedded computing platforms, enabling us not only to expand our portfolio but also to deliver maintenance and support services within our customers’ time zones. Furthermore, we are gaining vital capabilities across production, production support, and production engineering – expertise we plan to expand further. These are decisive factors in ensuring operational excellence.”

The Penang centre will support the APAC market with standard and customised embedded computing platforms developed in alignment with congatec’s “Designed in Germany” quality standards. In addition to advanced x86-based solutions based on Intel and AMD processors, the team will develop Computer-on-Modules (COMs leveraging technologies from Qualcomm, Texas Instrument, and NXP), alongside expanded aReady. software and solution stacks. These validated platforms are designed to shorten design-in cycles, reduce non-recurring engineering costs and accelerate customers’ time-to-market.

-END-

About MIDA

About InvestPenang

About congatec

congatec is the leading global provider of high-performance hardware and software building blocks for embedded and edge computing solutions based on Computer-on-Modules (COMs). These advanced computer modules drive systems and devices across industries such as industrial automation, medical technology, robotics, telecommunications, and more. congatec’s high-performance aReady. ecosystems simplify and accelerate the solution development, from COM to cloud. This application-ready approach combines COMs with services and customizable technologies that enable cutting-edge advancements in system consolidation, IoT, security, and artificial intelligence. Supported by its majority shareholder, DBAG Fund VIII – a German mid-market fund focused on driving growth for industrial enterprises – congatec has the financial backing and M&A expertise to capitalize on expanding market opportunities. For more information, visit congatec.com, aReady.com, or follow us on LinkedIn and YouTube.

For media enquiries, please contact:

MIDA
Mohd Mazlan Mokhtar (Mr.)
Director of Electrical & Electronics Division
T: 03- 2267 6655
E:[email protected]

InvestPenang
Elaine Cheah / Arief Ferdaus
Communications & Business Intelligence
Tel: +604-646 8833
Email: [email protected] / [email protected]

congatec
Crysta Lee
Phone: +886 2 25978577
[email protected]

Press contact congatec:
Christof Wilde
Phone: +49-991-2700-2822
[email protected]

congatec Expands Penang R&D Presence, Anchoring High-Value Embedded Computing Capabilities in Malaysia

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Johor, Malaysia, 20 January 2026 – Rianlon, a global leader in polymer additives, officially broke ground yesterday on its R&D and Manufacturing Base in Johor, marking a significant step forward in the company’s first major integrated facility outside China.

The groundbreaking ceremony, held on the 9^th anniversary of Rianlon’s public listing, was attended by Yang Amat Berhormat (YAB) Dato’ Onn Hafiz bin Ghazi, Menteri Besar of Johor, Mr. Li Haiping, Chairman and President of Rianlon, Mr. Aldo Govi, Chief Executive Officer (CEO) of Infineum International Limited, and representatives from various parties attended the celebration.

The ceremony represents the realisation of Rianlon’s commitment, first announced during Prime Minister Datuk Seri Anwar Ibrahim’s working visit to China in September 2025. The RM1.27 billion investment will establish R&D and manufacturing base focusing on research, development, and production of anti-aging materials, lubricant materials, and bio-based materials. The facility will provide high-performance, solutions for global polymer and lubricant customers with the R&D and Phase I plant facilities slated to be completed by the first quarter of 2027.

At the ceremony, YAB Dato’ Onn Hafiz, Menteri Besar of Johor, stated that based on Johor’s clear regional advantages and superior business environment, it has attracted the attention of numerous international companies in recent years, with renowned global enterprises such as Nvidia, ByteDance, and BASF settling in Johor. The project brought by Rianlon is an innovation engine integrating R&D and manufacturing, which is expected to ignite the fire of innovation in the fields of fine chemicals and green chemistry in Johor, driving the collaborative upgrade of the entire industry chain. The Johor State Government will continue to optimise the business environment, ensure clear and transparent policies, and provide efficient administrative services to fully support the rapid delivery and efficient operation of the project.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), congratulated Rianlon Malaysia on this significant milestone in its global expansion journey. “Aligned with the New Industrial Master Plan 2030, this project is set to enhance innovation in advanced materials and green chemistry capabilities, create quality jobs for Malaysians, and contribute meaningfully to sustainable and technology-driven industrial development.”

Strategic Partnership and Regional Impact

Mr. Aldo Govi, CEO of the Infineum International Limited, stated that Rianlon is an important strategic partner of Infineum. Both parties will seize the opportunity of the construction of the Rianlon Malaysia R&D and manufacturing base to strengthen deep cooperation in the lubricant value chain. They remain committed to providing superior lubrication technology, products, and fast services for the lubricant industry. The deep cooperation between the two parties will build a new paradigm, playing an active role in enhancing supply chain security and efficiency in the lubricant additive sector in China and the Asia-Pacific region.

Mr Li Haiping, Board Chairman of Rianlon Corporation, outlined the company’s development strategy and the significance of the Malaysia facility. “Malaysia is Rianlon’s first overseas R&D centre and production base, representing an important milestone in our globalisation strategy. We believe the completion and operation of this project will enhance the flexibility and security of Rianlon’s global supply chain and improve our service efficiency and innovation capabilities for global customers.”

The ceremony concluded with the distinguished guests performing the traditional soil-turning ceremony, symbolising the official start of construction.

(Ground breaking ceremony Rianlon Corporation held at Tanjung Langsat Industrial Complex, Pasir Gudang)

From Left To Right:
1. YB Tuan Hj. Azizul Bachok
2. Mr Chris Locke, Executive Vice President of Infineum International Limited
3. Mr Liu Rongxin, General Manager of Rianlon Malaysia Sdn. Bhd
4. Mr Aldo Govi, CEO of Infineum International Limited
5. Mr Li Hiping, Board Chairman of Rianlon Corporation
6. YAB Dato’ Onn Hafiz Ghazi, Menteri Besar Johor
7. YB Tuan Lee Ting Han, Chairman of The Investment, Trade, Consumer Affairs and Human Resources Committee
8. Tuan Mohd Masni Wakiman, District Officer of Johor Bahru
9. YB Datin Paduka Hajah Hazlina Jalil, Mayor of Pasir Gudang City Council
10. Mr Mohamad Reduan Mohd Zabri, Director of MIDA Johor
11. YB Dato’ Noorazam Bin Dato’ Osman, Mayor of Johor Bahru City Council

-END-

About MIDA

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 20 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 channels.

About Rianlon Corporation

Founded in 2003 and listed on the Shenzhen Stock Exchange (ChiNext: 300596), Rianlon Corporation is a global supplier of polymer anti-aging additives, including antioxidants and light stabilizers, serving plastics, rubber, coatings, fibers and adhesives. The company has expanded into lubricant additives and advanced high-performance materials, supported by multiple R&D and manufacturing bases in China and an international sales network. Driven by the mission of “Creating a Better Life through Chemistry and Biology,” Rianlon is committed to stable quality, reliable supply and fast customer response worldwide.

For media enquiries please contact:

MIDA
Ms. Siti Halimaton Mohd. Rejab
Director, Chemical and Advanced Material Division
No. Tel: +603-2267 6701
Email : [email protected]

Rianlon Malaysia Sdn. Bhd.
Mr. Wicky Law
Public Affairs Manager
Email: [email protected]

Rianlon Malaysia Breaks Ground on RM1.27 Billion R&D and Manufacturing Base in Johor

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SEBERANG PRAI, Penang, 19 January 2026 – Syntiant Corp., a global provider of low-power artificial intelligence (AI) solutions officially opened its new manufacturing and research and development (R&D) campus in Penang today. The expansion marks a major milestone in Syntiant’s growth in Asia and reinforcing Malaysia’s rising role as a strategic hub for the next-generation semiconductor and AI manufacturing.

The new campus more than doubles Syntiant’s footprint in Penang to approximately 220,000 square feet, increasing annual production capacity to around 1.6 billion units. The facility brings together production, engineering and AI research in one location, supports a workforce of up to 800 employees, and features advanced micro-electro-mechanical systems (MEMS) processing, IC preparation, and test and assembly capabilities.

The ceremony was officiated by Yang Berhormat Tuan Jagdeep Singh Deo, Penang’s Deputy Chief Minister II, together with Syntiant’s Chief Executive Officer (CEO) and Co-founder Kurt Busch.

Yang Berhormat Tuan Jagdeep Singh Deo, Deputy Chief Minister II of Penang, stated, “Backed by over five decades of industrialisation, Penang has cultivated its comprehensive ecosystem which continues to command confidence by international investors to establish presence and expand within the State. We are proud to welcome Syntiant’s new campus to Penang which will contribute to Penang’s technological expertise and further strengthening the State’s position as leading hub for advanced electronics and AI innovation, aligned with our reputation as the Silicon Valley of the East.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), said, “Syntiant’s expansion in Penang is a landmark investment that positions Malaysia at the forefront of next-generation AI and advanced semiconductor innovation. By anchoring high-value activities such as embodied AI and MEMS processing locally, this facility strengthens technological capabilities, drives innovation-led growth and creates quality jobs for Malaysian. It is a clear vote of confidence from global investors in Malaysia’s talent, infrastructure and ecosystem, and reinforces our mission to make the country a preferred hub for advanced electronics and high-tech manufacturing.”

Kurt Busch, CEO and Co-founder of Syntiant Corp., stated, “Our new Penang manufacturing and R&D campus represents a major step forward for Syntiant in Asia where we bring our DNA in producing faster, safer and energy-efficient solutions across consumer, industrial and enterprise markets. By combining world-class manufacturing with cutting-edge AI research, we can accelerate innovation, better serve our customers and contribute to Malaysia’s growing technology ecosystem.”

Ong Lay Pean, General Manager of Syntiant Malaysia, emphasised,“Investing in Penang reflects our confidence in Malaysia’s talent and innovation ecosystem. This new facility positions us to turn cutting-edge research into real-world solutions that benefit consumers and industries globally. With the support of MIDA and InvestPenang, Syntiant selected Penang as the ideal location to expand its manufacturing and R&D capabilities.”

Syntiant’s expansion aligns with Malaysia’s New Industrial Master Plan 2030, supporting high-value job creation and advanced technology development. Following its 2024 acquisition of the Knowles Consumer MEMS Microphone business, the company has strengthened its capabilities in embodied AI and intelligent sensing solutions. The company develops ultra-low-power AI solutions that integrate sensors, neural decision processors and software for IoT, consumer, automotive and industrial applications, with more than 20 billion SiSonic™ MEMS microphones shipped globally to date.

– END –

About MIDA

About InvestPenang

InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), Global Business Services (GBS) Focus Group (promoting and developing digital economy), and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.

About Syntiant Corp.

Founded in 2017 and headquartered in Irvine, Calif., Syntiant® is Making Edge AI a Reality™ by delivering highly efficient processor, sensor, and software solutions. With more than 100 million purpose-built Neural Decision ProcessorsÔ and ML models deployed, along with billions of MEMS microphones and sensors, Syntiant’s technology is powering embodied AI applications for speech, audio, sensor and vision processing worldwide. From earbuds to automobiles, the company’s turnkey solutions enable advanced edge AI capabilities across diverse consumer and industrial use cases. More information on the company can be found by visiting www.syntiant.com or by following Syntiant on X @Syntiantcorp or LinkedIn.  

For media enquiries, please contact:

MIDA
Mohd Mazlan Mokhtar
Director, Electrical & Electronics Division
Email: [email protected]
Phone: 603-2267 6655

InvestPenang
Elaine Cheah / Arief Ferdaus
Communications & Business Intelligence
Tel: +604-646 8833
Email: [email protected] / [email protected]

Syntiant Corp.
George Medici/Natalie Mu
PondelWilkinson
[email protected]/[email protected]
310.279.5980

Syntiant Launches New Manufacturing and R&D Campus in Penang, Doubling Production Capacity and Creating 800 High-Tech Jobs

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KEDAH, 19 JANUARY 2026 – Novolyte Technology Sdn. Bhd., a wholly owned subsidiary of Shenzhen Capchem Technology Co., Ltd., a global supplier of electronic chemicals and functional materials with over 30 years of industry experience, proudly held its groundbreaking ceremony to begin construction of its new battery electrolyte manufacturing facility at Kulim Hi-Tech Park, Kedah. The project marks a significant milestone in Malaysia’s growing advanced manufacturing ecosystem.

The ceremony was officiated by YB. Prof Dr. Haim Hilman Abdullah (Kedah EXCO for Industry & Investment, Science, Technology & Innovation, and Higher Education), Mr Zhou Youbin (Consul General of the People’s Republic of China in Penang), YBhg. Dato’ Haji Elmi bin Yusoff (Yang Dipertua MPKK), Puan Surayu Susah, Executive Director of Manufacturing Development (Resource), MIDA, Tuan Zuhdi Bin Abdul Zakaria (Head of Kulim District Customs), Encik Mohd Zaid Abdul Jalil (Deputy CEO of Kulim Technology Park Corporation), Mr Zhou Dawen (Vice Chairman of Shenzhen Capchem Technology Co., Ltd.) and attended by distinguished guests including Government officials and Novolyte management and staff.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of Malaysian Investment Development Authority (MIDA), said “MIDA welcomes Novolyte’s investment in Kedah, a development that underscores Malaysia’s competitiveness in the advanced manufacturing sector in the region. This project aligns seamlessly with the NIMP 2030’s mission to attract sophisticated, innovation-led investments. Beyond strengthening our domestic ecosystem, Novolyte’s presence will create spill over effects for local industries and provide our local workforce with invaluable exposure to cutting-edge battery technologies.”

*Puan Surayu Susah, Executive Director, Manufacturing Development (Resource), MIDA*

Encik Noor Ikhsan Bin Abdul Aziz, Chief Operating Officer of Invest Kedah Berhad, stated: “Invest Kedah Berhad welcomes Novolyte Technology’s decision to expand its operations in Kedah through the establishment of this new manufacturing facility at Kulim Hi-Tech Park. This investment reflects strong investor confidence in Kedah’s industrial ecosystem and supports the state’s aspiration to strengthen the new energy and high-value manufacturing sectors. We believe this project will create quality employment opportunities, enhance local supply chain capabilities and contribute positively to Kedah’s long-term economic development”.

Mr. Zhou DaWen, Vice Chairman of Shenzhen Capchem Technology Co., Ltd., stated, “Our investment in Kedah reflects confidence in Southeast Asia’s new energy market potential. Novolyte Technology will establish a benchmark for high-end electronic chemicals in the region, addressing the local supply gap for lithium battery electrolytes and meeting global customers’ needs for localised supply chains. We are grateful for the Malaysian government’s supportive policies and believe this project will bolster the local economy and contribute to the global clean energy transition.”

Slated for commissioning in Q3 2026, the plant will have an annual capacity of around 30,000 metric tons to serve domestic and Southeast Asian markets. The facility will cultivate a high-value talent ecosystem and act as a strategic catalyst for the region’s new energy sector.

This expansion builds upon the success of Novolyte’s existing Plant 1 within Kulim Hi-Tech Park – the first among Chinese electrolyte manufacturers to achieve order delivery in Southeast Asia. The achievement marks a substantial step in Capchem’s internationalisation strategy for the region, enabling the provision of more agile, customised electrolyte solutions for customers.

*(from left to right):*
**YBhg Dato’ Haji Elmi bin Yusoff**, Yang Dipertua MPKK; **Mr Zhou Youbin**, Consul General of the People’s Republic of China in Penang; **YB Prof. Dr. Haim Hilman Abdullah**, Kedah EXCO for Industry and Investment, Science, Technology and Innovation, and Higher Education; **Mr Zhou Dawen**, Vice Chairman of Shenzhen Capchem Technology Co., Ltd.; **Encik Mohd Zaid Abdul Jalil**, Deputy CEO of Kulim Technology Park Corporation; and **Puan Surayu Susah**, Executive Director of Manufacturing Development (Resource).

-END-

About MIDA

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 20 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 Invest Kedah

Invest Kedah Berhad (IKB) is the official investment promotion agency for the State of Kedah, responsible for attracting and facilitating strategic domestic and international investments.

IKB aims to ensure that all investments contribute positively to the state’s economic development and the well-being of its people. Through an investor-friendly approach and strong cooperation with federal and local government agencies, IKB is committed to making Kedah a premier investment destination in northern Malaysia.

About Capchem

Shenzhen Capchem Technology Co., Ltd. (“Capchem”), the ultimate holding company of Novolyte Technology Sdn. Bhd., was founded in 1996 and listed on the Shenzhen Stock Exchange (stock code: 300037) in 2010, with its headquarters in Shenzhen, China. Since establishment, Capchem is committed to creating a better future with electronic chemicals and functional materials.

Capchem is committed to becoming a leading global enterprise specialised in electronic chemicals and functional materials, guided by its core value of “Innovation for Application, Progress with Integrity” and the STEP business philosophy (Solid, Thorough, Excellent, Professional).

Its main products include battery chemicals, organic fluorine chemicals, capacitor chemicals and electronic chemicals, which are used in the fields such as new energy vehicles, consumer electronics, urban rail transit, biomedicine, digital infrastructure, photovoltaics and industry manufacturing.

Media Contacts

MIDA

Ms. Siti Halimaton Mohd. Rejab
Director, Chemical and Advanced Material Division
Email: [email protected]
Tel.: +603-2267 6701

Invest Kedah Berhad

Corporate Communication Department
Email: [email protected]
Tel.: +604-702 7373

Shenzhen Capchem Technology Co., Ltd.

Operation Management Department
Email: [email protected]
Tel: +86-(0)755-8992 3768

Novolyte Technology Sdn. Bhd. Holds Groundbreaking Ceremony for Its New Manufacturing Facility in Kedah, Malaysia

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Calls for Stronger Media Collaboration to Bridge Domestic Investment Perception Gap

KUALA LUMPUR, 13 January 2026 – The Malaysian Investment Development Authority (MIDA)
today hosted its first major engagement of the year, the Media Appreciation High-Tea & Networking Session, themed “Strengthening Partnerships for Investment Success.” Held at the Aloft Hotel, Kuala Lumpur Sentral, the event brought together close to 60 media representatives, including senior editors, bureau chiefs, and journalists from major news organisations, to align on Malaysia’s investment narrative and priorities for 2026.

The session served as a strategic curtain raiser for the year, featuring an address by MIDA Chairman, YM Tengku Datuk Seri Utama Zafrul Abdul Aziz, and MIDA Chief Executive Officer (CEO), Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid. Renowned economist Dr. Anthony Dass provided key economic context through his briefing on the 2026 investment outlook, highlighting increasingly capital selectivity and intensified regional competition in a year projected to see flat global capital flows of USD 1.5 trillion.

Reframing the Narrative: Mobilising Domestic Investment

MIDA Chairman, YM Tengku Zafrul, emphasised that 2026 must be about the conversion of investment approvals into productive capacity and tangible benefits for Malaysian families. He highlighted that in the first nine months of 2025, 55% of approved investments were driven by domestic investors, yet a significant “perception gap” remains where many local SMEs are not fully aware of the range of facilities and support available across the Government, including those provided by MIDA.

“Approvals alone do not build industries. What matters is how those approvals translate into real projects, quality jobs and stronger local supply chains,” stated YM Tengku Zafrul. “Supporting the SMEs, who form a large part of Malaysia’s middle class means expanding opportunity, and that begins by ensuring Malaysian businesses know how to access MIDA’s holistic support that they can benefit from.”

Strategic Priorities for 2026

To support this shift, MIDA outlined a suite of initiatives aimed at making investment facilitation more seamless, ecosystem-driven, and outcome-focused:

Invest Malaysia Facilitation Centre (IMFC): Since its establishment in December 2023, IMFC has facilitated over 45,000 issues. In 2025 alone, over 27,000 issues were resolved—a 60% year-on-year increase—with 1,631 projects (81.9%) successfully implemented. The IMFC model will be expanded to Penang and Sarawak.
New Incentive Framework (NIF): A transition from volume-based incentives to outcome-driven investments, with emphasis on technology upgrading, automation, decarbonisation, and workforce development. Implementation will be phased, beginning with the manufacturing sector in Q1 2026, followed by the services sector in Q2 2026.
#InvestLokal Initiative: A communication campaign repositioning MIDA as a partner to domestic investors and the rakyat, featuring relatable stories of local business expansion, upgrading and success.
Regional Flagship Programmes: MIDA is intensifying engagement with State Governments through targeted, ecosystem-based promotion across all regions—Northern, East Coast, Southern, Sabah, Sarawak, and Central—to connect companies with anchor investors and new market opportunities.
Investment Coordination Platform (ICP): A facilitation platform helping Malaysian companies bridge financing gaps, raise capital, pursue mergers and acquisitions, and prepare for initial public offerings (IPOs). To date, MIDA’s ICP has engaged more than 80 companies on a one-to-one basis.
One-Stop Portal (OSP): MIDA is developing a One-Stop Portal to unify all government stakeholders on a single digital platform, enabling parallel approvals across federal and state agencies to address investor pain points.

A People-Centric Investment Narrative

“The media are not just channels of communication; you are our partners in nation-building. As we strengthen our focus on domestic investment and investor facilitation in 2026, your role in shaping an informed and confident business community becomes even more critical,” said Datuk Sikh Shamsul Ibrahim, CEO of MIDA.

Invoking Malay wisdom—”Khabar angin membawa rebah, khabar benar membawa teguh” (Rumours bring collapse, truth brings strength)—YM Tengku Zafrul called on media to collaborate by asking “the domestic angle” when covering major foreign investments and highlighting Malaysian SME success stories alongside headline numbers.

By strengthening data access, sharing local success stories, and deepening engagement with newsrooms, MIDA aims to ensure that Malaysia’s investment narrative in 2026 is not only competitive and policy-driven, but also inclusive, relatable, and people-centric, reflecting the vital role of domestic capital mobilisation in shaping the nation’s economic future.

-END-

About MIDA

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 20 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 channels.

For media enquiries, please contact:

Ms. Fatmah Ahmad
Director, Corporate Communications Division
Email: [email protected]
Tel.: +603- 2263 2428

MIDA Reinforces Its Outcome-Driven Investment Focus in 2026

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Minister Johari and Deputy Minister Sim Emphasis Execution in First MIDA Visit

24 December 2025, Kuala Lumpur – Shortly after their appointments, Minister of Investment, Trade and Industry, YB Datuk Seri Johari Abdul Ghani and Deputy Minister YB Tuan Sim Tze Tzin made their inaugural visit to the Malaysian Investment Development Authority (MIDA) headquarters in Kuala Lumpur Sentral yesterday, underscoring the new leadership’s emphasis on execution and delivery.

The visit focused on strengthening investment delivery through data-driven decision-making, and tangible economic outcomes that benefit the rakyat.

From left to right:
Puan Masni Muhammad, Acting Senior Executive Director Investment Policy Advocacy of MIDA
Datuk Bahria Mohd Tamil, Deputy Secretary General (Investment & Management) of MITI
Dato’ Hairil Yahri Yaacob, Secretary General of MITI
YB Tuan Sim Tze Tzin, Deputy Minister of MITI
YB Datuk Seri Johari Abdul Ghani, Minister of MITI
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA
Puan Zalina Zainol, Deputy CEO (Investment Promotion and Facilitation) of MIDA
Puan Zuaida Abdullah, Deputy CEO (Investment Development) as well as Acting for Executive Director, Services Development of MIDA

From Approvals to Impact

The leadership of YB Datuk Seri Johari and YB Tuan Sim Tze Tzin brings together corporate experience and execution capability in advancing Malaysia’s investment agenda.

YB Datuk Seri Johari, armed with more than 25 years of experience navigating corporate restructurings, including during the 1997-98 financial crisis, champions investor-friendly policies grounded in business realities. YB Tuan Sim, a civil engineer from San Jose State University, brings technical discipline and implementation rigour to policy execution.

“MIDA is central to Malaysia’s future investment and industrial strategy,” YB Datuk Seri Johari said. “We must move beyond headline investment approvals towards an outcome-focused approach that delivers tangible economic impact, including job creation, contributions to national income, exports, localisation, and supply-chain spillovers. This approach reinforces the importance of measuring investment success through real economic outcomes.”

Converting Pipeline to Reality

The visit focused on actionable priorities to accelerate the conversion of MIDA’s investment pipeline into realised investments, with emphasis on the following:

1. Outcome-Based Incentives

Malaysia’s New Investment Incentive Framework (NIIF) will tie tax benefits to actual achievement, with incentives realised only upon the delivery of commitments, ensuring accountability and maximising returns to the nation.

2. Data-Driven Decision Making

MIDA will enhance data reporting to track key indicators, including foreign versus domestic investments, approved versus implemented projects, employment impact, exports, and economic spillovers, enabling more informed policymaking and better allocation of national resources.

3. Ecosystem Building

Strengthening linkages between anchor investors and local SMEs will deepen supply-chain integration, facilitate technology transfer and build domestic capabilities.

4. Streamlined Execution

Efforts to streamline approval and facilitation processes will continue for strategic sectors such as semiconductors, electric vehicles, AI, and advanced manufacturing, aligned with the New Industrial Master Plan 2030 to support investment promotion.

Backing MIDA’s Transformation

The leadership expressed strong support for MIDA’s ongoing transformation, particularly the One-Stop Portal (OSP), which aimed at improving coordination across government stakeholders. The OSP is expected to provide investors with a clearer and more predictable facilitation experience.

The leadership also called for closer engagement with State Governments through targeted roadshows and outreach to ensure consistent implementation of investment policies on the ground.

A Leadership Built for Geopolitical Shifts

YM Tengku Datuk Seri Utama Zafrul Aziz, in welcoming YB Datuk Seri Johari Ghani, said, “MIDA’s alignment with the new MITI Ministerial leadership gives Malaysia the momentum we need to turn ambition into impact. With clear direction and a shared commitment to execution, MIDA will help ensure every realised investment strengthens our people, our industries, and our future. The world is shifting fast — and MIDA is ready to rise to the moment to support Malaysia’s investment and economic ambitions.

MIDA Chief Executive Officer Datuk Sikh Shamsul Ibrahim welcomed the alignment: “The combined corporate insight and technical expertise of Datuk Seri Johari and YB Tuan Sim together with YM Tengku Zafrul Abdul Aziz’s experience in championing high-impact investment frameworks, will strengthen our momentum into 2026 and beyond. Through close coordination between MITI and MIDA, Malaysia is well-positioned to further enhance its standing as a destination for both global and domestic investors.”

Looking Ahead

As global supply chains continue to evolve and Southeast Asia emerges as a key manufacturing and services hub, Malaysia is positioning itself to remain competitive and reliable.

The partnership between YB Datuk Seri Johari and YB Tuan Sim reflects a shared commitment to execution and practical policy-making, as Malaysia leverages its ASEAN Chairmanship in 2025 heading into 2026.

For investors, the message is clear: Malaysia remains focused on delivery, outcomes, and long-term value creation.

–ENDS–

About MIDA

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.

For media enquiries, please contact:

Puan Fatmah Ahmad
Corporate Communications Division, MIDA
T: 03-22632428
E: [email protected]

New MITI Leadership Charts Malaysia’s Path Towards Outcome-Driven Investment Growth

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