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Penang, Malaysia, 18 June 2026 – Winner Sky Technology Sdn. Bhd. officially opened its new 60,000-square-foot manufacturing facility in Batu Kawan, Penang on 4 June 2026, marking a significant step in the company’s growth trajectory. The expansion — which triples the company’s production footprint and anchors a total investment commitment of RM70 million over five years — underscores Winner Sky Technology’s confidence in Malaysia as a long-term base for high-value electronics manufacturing.
The company, which currently employs approximately 150 people, plans to grow its workforce to more than 450 over the same period.

The grand opening was officiated by YAB Chow Kon Yeow, Chief Minister of Penang, and attended by Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang; Mr. Lam Yin Kee, Chairman of Alltronics Holdings Limited, Hong Kong; and Mr. Eric Lam Chee Tai, Chief Executive Officer of Winner Sky Technology Malaysia. The event brought together distinguished guests from government agencies, industry partners, customers, suppliers, and the local business community.

Established in 2019, Winner Sky Technology has grown from a modest operation into a trusted Electronics Manufacturing Services (EMS) provider, serving customers across industrial electronics, energy control systems, and the Internet-of-Things (IoTs). Headquartered in Hong Kong with manufacturing operations across China, Vietnam, and now Malaysia, the company’s decision to expand significantly in Penang
reflects its long-term commitment to the country’s talent and industrial ecosystem.

The new facility is equipped with the latest Surface Mount Technology (SMT) production lines, integrated Smart Factory systems, and Industry 4.0 capabilities, significantly enhancing the company’s production capacity and positioning it to deliver high-quality, innovative electronic manufacturing solutions to customers worldwide.

YAB Chow Kon Yeow stated, “Winner Sky Technology’s commitment to expansion demonstrates confidence not only in the company’s own growth prospects, but also in Penang’s ability to support that growth over the long term. The Penang State Government, through InvestPenang and our federal partners, remains committed to facilitating investments, strengthening industry partnerships, and ensuring that Penang remains an attractive destination for both global and domestic investors.”

Welcoming the expansion, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, said: “Winner Sky Technology’s decision to anchor a major expansion in Malaysia is a strong endorsement of what this country offers — a skilled workforce, a competitive industrial ecosystem, and a government that is firmly committed to enabling quality investment. This is precisely the kind of high-value, technology-intensive foreign investment (FI) that Malaysia’s New Industrial Master Plan (NIMP) 2030 is designed to attract and retain. Beyond the capital investment, what stands out here is the genuine commitment to local workforce development, supply chain integration, and technology transfer — the building blocks of sustainable industrial growth. MIDA will continue to work closely with investors like Winner Sky Technology to ensure Malaysia remains a preferred destination for advanced manufacturing.”

Speaking on the company’s vision for its Malaysian operations, CEO Mr. Eric Lam said: “Our commitment to this country is total. We want to hire Malaysian engineers, Malaysian technicians, Malaysian operators, and Malaysian managers. We believe the sustainable way to build a world-class manufacturing facility is to invest deeply in the local community, learn the culture, and create high-skill, high-value careers right
here in Batu Kawan.

“Our investment does not stop at our factory doors. True partnership means building together. We are fully committed to growing alongside the local economy by actively sourcing from Malaysian vendors, component suppliers, and service providers. By integrating Penang’s robust local supply chain into our global network, we are not just creating a standalone factory — we are nurturing a thriving ecosystem where local businesses succeed alongside us.”

Mr. Foong Chee Leong, General Manager of Winner Sky Technology, expressed his appreciation to employees, customers, suppliers, and government agencies for their continued support.

“This facility represents more than an investment in equipment and infrastructure. It reflects our confidence in Malaysia’s talent, our commitment to manufacturing excellence, and our vision of building a sustainable, world-class EMS company. We are especially proud that our products are 100% made by Malaysians — supported by a dedicated workforce that includes experienced professionals and members of the local community. As we continue to grow, we remain committed to creating quality employment, developing local talent, and contributing to Malaysia’s manufacturing competitiveness.”

Winner Sky Technology expects the new facility to drive substantial business growth. Through increased production capacity, operational efficiency, and higher-value manufacturing services, the company projects a roughly threefold increase in revenue over the coming years.

The opening further strengthens Penang’s standing as a leading destination for advanced manufacturing and highlights the state’s continued attractiveness for high-technology investment. The expansion aligns squarely with Malaysia’s ambitions under the NIMP 2030 to accelerate industrial digitalisation, build supply chain resilience, and promote high-value manufacturing as a cornerstone of sustainable economic growth.

**From left to right:**

1. Dato Seri Haji Amir Hamzah, Executive Chairman of Matrix
2. Mr. Muhammad Ghaddaffi, Director of MIDA Penang
3. Ms. Lam Oi Yan, Executive Director of Altronics
4. Mr. Lam Yin Kee, Chairman of Altronics Holdings Berhad
5. Tuan Chow Kon Yeow, Y.A.B Chief Minister of Penang,
6. Mr. Eric Lam Chee Tai, Chief Executive Officer of Winner Sky Technology
7. Ms. Ivy Lam, Executive Director/Director of Altronics
8. Mr. Foong Che Leong, General Manager of Winner Sky Technology
9. Mr. So Kin Hung, General Manager of Altronics

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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.

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), Penang Silicon Design @5km+ (establishing a unique and
interconnected ecosystem for IC design and technology enterprises) and Penang ATE
Campus (accelerating the co‐development, qualification, and scaling of Malaysian
ATE solutions by enabling first-customer deployment). For more information, please
visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels:
Facebook; LinkedIn; WhatsApp Channel and TikTok.

About Winner Sky Technology

Established in 2019, Winner Sky Technology is an Electronics Manufacturing Services
(EMS) provider with its headquarters in Hong Kong and manufacturing operations
across China, Vietnam serving customers across industrial electronics, energy control
systems, Internet-of-Things (IoTs), and industrial electronics industries.

For media enquiries, please contact:

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

InvestPenang
Name: Elaine Cheah / Ong Yih Hwa
Email: [email protected] / [email protected]
Tel: +604-646 8833

Winner Sky Technology
Name: CL Foong
Email: [email protected]
Mobile: +6012-4946101

Name: Caren Ong
Email: [email protected]
Mobile: +60 125506322

Winner Sky Technology Celebrates Grand Opening of New Manufacturing Facility in Penang

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Following the announcement on 12 March 2026, MIDA wishes to inform that the full rollout and official implementation of the MIDA Expatriate System (MES) will take effect on:

1 June 2026

Effective from this date, MES will serve as the sole submission platform for all expatriate-related applications for the Manufacturing and Selected Services sectors under MIDA’s purview.

This full rollout is in line with the implementation of the revised expatriate policy, aimed at enhancing efficiency, transparency, and overall service delivery through a single, integrated platform.

All new and renewal applications must be submitted exclusively via MES through Single Sign-On (SSO) access in the Xpats Gateway. Submissions through previous platforms, including Xpats Gateway (legacy channel) and ESD Online, will no longer be accepted for MIDA-related applications.

KEY INFORMATION

1. New and Renewal Applications
All submissions, including:

Employment Pass (EP)
Professional Visit Pass (PVP)
EP Foreign Graduate
Dependent Pass

must be submitted via MES effective 1 June 2026.

2. Existing / In-Progress Applications
Applications submitted prior to the full rollout date will continue to be processed in the respective systems until completion.

3. Transition Advisory
Companies are strongly encouraged to finalise any pending submissions prior to 1 June 2026 to ensure a smooth transition and avoid delays.

ABOUT MIDA EXPATRIATE SYSTEM (MES)

The MES is designed to facilitate a more efficient, transparent, and end-to-end application process, supporting the Government’s continuous efforts to strengthen Malaysia’s investment ecosystem.

ENQUIRIES

For further assistance, please contact:

Industry Talent Management & Expatriate Division, MIDA
Email: [email protected]
Tel: +603-2267 3607

Immigration Unit, MIDA
Email: [email protected]

MYXpats Helpdesk
Email: [email protected]

MIDA appreciates the cooperation of all stakeholders in ensuring a smooth and successful implementation.

Malaysian Investment Development Authority (MIDA)

Announcement: Full Rollout of The MIDA Expatriate System (MES)

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Following the announcement made by the Ministry of Home Affairs (MOHA) on 14 January 2026 regarding the Revised Expatriate Salary Policy, which took effect on 1 June 2026, we wish to inform that one of the key elements introduced under the policy is the succession plan requirement.

The succession plan is aimed at ensuring a structured and systematic transfer of knowledge and expertise from expatriates to local employees throughout the employment tenure. This initiative supports the Government’s objective to strengthen local talent development while maintaining business continuity and operational efficiency.

As part of a phased implementation approach, the requirement to submit and comply with the succession plan will only take effect from 1 January 2027 onwards. This transition period is provided to allow organisations sufficient time to prepare, plan, and align their internal workforce strategies with the new requirement.

In the meantime, companies are encouraged to take proactive steps to identify suitable local successors and establish comprehensive training and knowledge transfer frameworks in preparation for full implementation.

For any clarification, please do not hesitate to contact MIDA at the Industry Talent Management & Expatriate Division and Foreign Investment Division, MIDA or via email at [email protected].

Thank you.

Malaysian Investment Development Authority (MIDA)

Announcement: Phased Implementation of Succession Plan Requirement Under the Revised Expatriate Salary Policy

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Effective 15 March 2026, MIDA, as the Government’s principal Investment Promotion Agency will assume responsibility for the investment promotion and facilitation functions of InvestKL Corporation (InvestKL), as part of the Government’s initiative to streamline Malaysia’s investment promotion framework under a single entity.

InvestKL, established to attract multinational corporations to Greater Kuala Lumpur, will cease independent operations upon its absorption.

With this absorption, MIDA, will continue its promotion and facilitation mandate for Malaysia, including Greater Kuala Lumpur, strengthening existing investor relationships and deepening engagement with
multinational companies across all key sectors. The move eliminates institutional overlap and directs resources toward a more coordinated investor experience.

MIDA is committed to maintaining continuity in all ongoing investors and stakeholders engagements throughout this transition. Investors and stakeholders may direct enquiries to https://www.mida.gov.my/contact-us/

MIDA Absorbs InvestKL Functions Effective 15 March 2026

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Following the announcement made by MOHA (Ministry of Home Affairs) on 14 January 2026, a new Expatriate Employment Policy as Cabinet’s approval on 17 October 2025 was introduced to restructure the salary rates and employment tenure for Employment Pass holders, which will be officially enforced on 1 June 2026.

As conveyed by MIDA’s Chief Executive Officer, the new policy is intended to encourage companies in Malaysia to prioritise the hiring of local talent for both temporary and permanent positions, while not adversely affecting foreign investment in the country.

Expatriates falling under Employment Pass Categories I, II, and III will be subject to the following new eligibility criteria and tenure limits across all sectors:

EP Category	Revised Policy
Category I	Minimum salary increased to RM20,000, with a tenure limit of 10 years.
Category II	Minimum salary increased to RM10,000 – RM19,999, with a tenure limit of 10 years (requires replacement plan).
Category III	Minimum salary increased to RM5,000 – RM9,999 (or RM7,000 – RM9,999 for specific manufacturing sectors), with a tenure limit of 5 years (requires replacement plan).
Dependents: Expatriates in all three categories are permitted to bring dependents.

*Please note that all new and renewal applications submitted on or after 1 June 2026 must comply with these new regulations.

For more information on the implementation mechanism and transition process, MOHA will organize engagement sessions with industry stakeholders and employers to ensure business continuity. We will provide updates on upcoming engagement schedules organized by the Ministry to explain policy implications and implementation details.

For any clarification, please do not hesitate to contact MIDA at the Foreign Investment Division and Industry Talent Management & Expatriate Division, MIDA, or via email at [email protected].

New: Succession Plan Requirement

Announcement: Implementation of New Expatriate Employment Policy

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Q3 / Outlook Q4 2025

The MIDA Business Conditions Survey (BCS) aims to provide timely insights into the economic outlook of Malaysia’s manufacturing sector.

By assessing key indicators such as sales, production levels, and investment activities, the report serves as a vital tool for stakeholders to monitor industry performance, anticipate trends, and make informed decisions.

The survey’s findings reflect the sentiment of the business community, offering a comprehensive view of the sector’s resilience, potential challenges, and future growth prospects.

Each BCS provides a snapshot of the sector’s current state, while the 3-month forward outlook projects potential trends, enabling policymakers and industry players to take proactive steps for sustainable economic development.

Report

The full version of this document is available for purchase via E-stats: e-statsmida

Business Conditions Survey (BCS)

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Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), congratulated DayOne, saying:

“We are honoured that Malaysia has been chosen as DayOne’s preferred hub to expand its Asia Pacific services operations spanning across the areas of finance, procurement and corporate support functions that anchor high value knowledge-based roles in Malaysia. Coupled with the establishment of its regional training centre to train and develop data centre operations engineers and technical talent ready for regional deployment, this milestone further strengthens Malaysia’s digital ecosystem.

This investment not only underscores our continued success in attracting high-quality, technology-driven investments, but also creates high-skilled employment opportunities for Malaysians. Importantly, it aligns with the Government’s aspirations to accelerate the digital economy, build AI and strengthen digital talent capabilities, and cultivate a resilient, future-ready local digital talent pool in line with the New Industrial Master Plan 2030 (NIMP 2030) and Malaysia’s broader digital transformation aspirations.”

DayOne’s Establishment of a Regional Hub and Training Centre in Malaysia

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Malaysia’s investment landscape is undergoing a fundamental transformation driven by rapid technological change, global tax reforms, and the accelerating transition toward sustainable and low-carbon development. To respond to these shifts and to ensure that Malaysia remains a preferred and competitive investment destination in the region, the Government has introduced the New Incentive Framework (NIF).

The NIF represents a major shift in how Malaysia designs and administers investment incentives. It moves away from traditional profit-based tax holidays toward a modern, outcome-based incentive model that aligns national development priorities with emerging global standards, including the Global Minimum Tax (GMT) environment under OECD Pillar II.

Malaysia recognises the need to reposition its incentives to remain competitive, resilient, and future-ready. The NIF addresses these challenges by focusing on real economic substance and measurable national benefits, rather than on tax advantages alone.

The NIF links incentives to specific, quantifiable outcomes aligned with two key national strategies: The National Investment Aspirations (NIA) and the New Industrial Master Plan 2030 (NIMP 2030).

Under the framework, incentives are tied to six intended economic outcomes:

Increasing economic complexity
Creating high-value, high-income jobs for Malaysians
Extending domestic supply-chain linkages
Developing new and existing industrial clusters
Improving inclusivity
Enhancing sustainability practices

This approach ensures that incentives directly support Malaysia’s transition toward a more complex, sustainable, and inclusive economy.

The NIF will be implemented on a phased basis, as announced in the National Budget 2026:

Manufacturing sector: Effective Q1 2026, i.e. 1 March 2026.
Services sector: Effective Q2 2026, the exact date of implementation will be announced in due course.

As the principal agency for investment promotion and facilitation, MIDA plays a central role in operationalising the NIF, guiding investors through the new framework, and monitoring post-approval commitments to ensure that promised outcomes are delivered.

Through the NIF, Malaysia is positioning itself as a preferred and regionally competitive investment destination, ready to attract the next generation of high-quality, future-ready investments.

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FAQ

Media Release

New Incentive Framework (NIF)

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From 20 December 2025 to 4 January 2026, MIDA Headquarters in Kuala Lumpur Sentral will undergo comprehensive retrofitting works to enhance our facilities in order to improve our service delivery to our clients.

We remain committed to serving our clients throughout this period:

MIDA continues to operate with full capacity during office hours across all channels. MIDA staff is ready to assist our clients with investment applications, inquiries and support, as well as consultations through multiple touchpoints:

• MIDA’s website at www.mida.gov.my/contact-us (contact details are available under our website directory).

• All online systems remain fully operational.

• Virtual meetings and online consultations.

State Office Network

All MIDA state offices across Malaysia remain fully operational during this period. Visit your nearest office for in-person assistance (contact details are available via our website directory).

What This Means for You

• Business-as-usual service levels maintained

• All online applications continue to be processed

• Virtual engagement options for all stakeholders

For immediate assistance during this period, please contact us at

+603-2267 3633 or visit any of our nearest MIDA State Offices.

Thank you for your continued partnership as we build a better facility to serve the investors and business community.

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MIDA Headquarters Facility Enhancement

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Following the announcement made by YB Minister of Home Affairs on 12 March 2025, a new Investor Pass was introduced to ease the movement of foreign business travelers to enter Malaysia for a period of 12 months with Multiple Entry Visa (MEV) by leveraging the existing Social Visit Pass (SVP). The application for the Investor Pass will be officially launched on 1 April 2025 and can be made through Single Window Platform (SWP) at Xpats Gateway System https://xpatsgateway.com.my/.

Business Travellers who meet the definition of New Investor, Investor in Pipeline and Existing Investor, are eligible to be considered for this facility across all economic sectors.

For more information on Xpats Gateway System, please refer to ESD Portal at https://esd.imi.gov.my/portal/ for:

System User Manual
System’s Frequently Asked Questions (FAQs)

For any clarification, please do not hesitate to contact MIDA at the Foreign Investment Division and Industry Talent Management & Expatriate Division, MIDA, or via email at [email protected].

Media Release

FAQs

Process Flow

Investor Pass Notice

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Malaysia is advancing its logistics sector with the Smart Logistics Complex (SLC) Incentive, driving innovation, sustainability, and economic growth. This initiative supports facilities adopting Industry 4.0 enabling technologies and green solutions, reinforcing Malaysia’s position as regional logistics hub.

Eligible companies are encouraged to submit their applications to MIDA by 31 December 2027. For more details, visit MIDA’s website at https://www.mida.gov.my/ or contact the Oil and Gas, Maritime and Logistics Services Division at https://www.mida.gov.my/staffdirectory/oil-and-gas-maritime-and-logistics-services-division/.

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Announcement: Smart Logistics Complex (SLC) Inventive Now Available

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A strategic partnership set to establish Malaysia as ASEAN’s hub for Next Generation Vehicles and Energy Efficient Vehicles

KUALA LUMPUR, 17 December 2024 – The Malaysian Investment Development Authority (MIDA) yesterday marked a significant milestone in Malaysia’s automotive industry transformation by signing a Memorandum of Understanding (MOU) with DRB-HICOM Berhad and Zhejiang Geely Holding Group Co. Ltd. The partnership aims to develop the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak, advancing Malaysia’s position as ASEAN’s hub for Next Generation Vehicles (NxGV) and Energy Efficient Vehicles (EEV).

In the presence of the Prime Minister, YAB Dato’ Seri Anwar Ibrahim, the ceremonial exchange was held at the Malaysia International Trade and Exhibition Centre (MITEC), following the official signing at the Ministry of Investment, Trade, and Industry (MITI). The agreement was formalised by MIDA CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, DRB-HICOM Group Managing Director Tan Sri Syed Faisal Albar, and Geely Auto CEO Mr. Jerry Gan Jiayue.

Witnessing the occasion, YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade, and Industry, remarked on the national significance of this collaboration, “The MIDA – DRB-HICOM and Geely MOU fulfils the objectives of both our National Automotive Policy (NAP) and New Industrial Master Plan 2030. This AHTV development further positions Malaysia as an automotive hub in ASEAN, while also catalysing ASEAN’s electric vehicle revolution, particularly in high-tech and energy-efficient mobility solutions. This partnership reflects Malaysia’s readiness to not only tech up, but also lead the region’s transition to sustainable mobility, while equipping our workforce with the right skills to elevate Malaysia’s overall productivity.”

Key Areas of Collaboration under the MOU

The partnership with MIDA emphasises strategic investments and the establishment of a comprehensive ecosystem to position AHTV as a hub of automotive innovation in ASEAN. The key focus areas include:

Advancing Industry 4.0 and Automotive Transformation

Promoting the transformation of Malaysia’s automotive industry to position the country as a leader in EEV production within ASEAN.
Supporting the development of AHTV into a hub for NxGV manufacturing and high-tech automotive components.

Building a Sustainable and Inclusive Ecosystem

Firstly, enhancing the capabilities of local suppliers to participate in the localisation of key components and integrate into global supply chains, and ;
Attracting global automotive supply chain players to establish a comprehensive ecosystem at AHTV.

Facilitating Policy and Stakeholder Engagement

Working with stakeholders to align investment, industrial and trade policies to accelerate the promotion and application of EEV technologies across Malaysia.
Strengthening coordination to create a conducive environment for sustainable automotive innovation.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, highlighted the agency’s instrumental role in facilitating this transformative partnership, saying, “MIDA is committed to driving investments that not only enhance Malaysia’s automotive industry but also position the nation as a global leader in sustainable mobility.”

“This collaboration enables us to harness Industry 4.0 and energy-efficient solutions to create a dynamic ecosystem at AHTV that supports innovation and sustainability.” he added.

Through its Global Supply Chain Coordination and Industry4WRD initiatives, MIDA is dedicated to enhancing the capabilities of local suppliers, enabling them to meet international standards. By fostering a competitive and interconnected supply chain, these efforts aim to seamlessly integrate local automotive suppliers into regional and global markets, expanding their reach and impact.

This partnership marks a new chapter for Malaysia’s automotive landscape. It promises high-value investments, sustainable manufacturing, and thousands of skilled jobs, solidifying Malaysia’s role as a regional and global leader in NxGV and EEV production.

***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 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

For media enquiries please contact:

MIDA

Ms. Noor Suziyanti Saad

Director, Transportation Technology Division

T: +603-2267 3575

E: [email protected]

MIDA Inks Game-Changing Auto Industry MOU with DRB-HICOM and Geely

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Since 15^th August 2023, MITI has imposed a two-year moratorium on all enquiries, assessment of current applications, new applications, transfers of license, regularisations, expansions and diversifications with regard to Manufacturing License (ML) as well as the Issuance of Confirmation Letters (exemption of ML) or ICA10 governed under the Industrial Coordination Act, 1975 (Act 156), specifically for manufacturing activities in the iron and steel industry including recycling/recovery activities for the non-ferrous segment.

Effective 8^th November 2024, MITI has re-examined the list of tariff codes for iron and steel products subject to the moratorium, as outlined below:

26 tariff codes under HS73 which are downstream products are exempted and not subject to the moratorium (HS Tariff Code 7301, 7302, 7303, 7304, 7305, 7306, 7307, 7308, 7309, 7310, 7311, 7312, 7313, 7314, 7315, 7316, 7317, 7318, 7319, 7320, 7321, 7322, 7323, 7324, 7325 and 7326)

29 tariff codes under HS72 which are upstream and midstream products remain status quo and subjected to the moratorium (HS Tariff Code 7201, 7202, 7203, 7204, 7205, 7206, 7207, 7208, 7209, 7210, 7211, 7212, 7213, 7214, 7215, 7216, 7217, 7218, 7219, 7220, 7221, 7222, 7223, 7224, 7225, 7226, 7227, 7228 and 7229)

Recycling/recovery activities for the non-ferrous segment remain status quo and subjected to the moratorium

For more information regarding the latest iron and steel policy, please contact the Machinery & Metal Technology Division at 03-2267 3633.

Announcement: Updates on the Moratorium of the Iron and Steel Industry including Recycling/Recovery Activities for the Non-Ferrous Segment

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Effective 1 June 2024, Invest KL Corporation (InvestKL) is a subsidiary under the Malaysian Investment Development Authority (MIDA). This strategic decision by the National Investment Council (MPN) aimed to streamline and fortify Malaysia’s national investment agenda. MIDA, the nation’s premier investment promotion agency, continues to lead comprehensive, organised, efficient promotional and marketing activities at the federal level, enhancing the country’s attractiveness for global investments.

MITI Media Statement

Ease Investor’s Journey: Investment Promotion Functions Streamlined Under MIDA

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Effective from 1st January 2024 to 31st December 2026, the GITA Project for Own Consumption will be merged with the GITA Asset and will fall under the purview of the Malaysian Green Technology and Climate Change Corporation (MGTC). Hence, all new applications for GITA Asset for own consumption to be submitted to MGTC within the stipulated timeframe.

Meanwhile, the application period for the Green Investment Tax Allowance (GITA) Project for business purposes and Green Income Tax Exemption (GITE) for Solar Leasing incentives has been extended until 31st December 2026. These applications can be submitted to MIDA via the InvestMalaysia portal at https://investmalaysia.mida.gov.my.

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ANNOUNCEMENT: GITA Project for Own Consumption is merged with GITA Asset. New applications to be submitted to MGTC.

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1. Implementation of CLA Mechanism for Import Duty Exemption
Effective 1^st January 2024, **application for Import Duty and/or Sales Tax Exemption on Raw Materials and Components (Iron and Steel – HS Code 7201-7316) for raw materials under HS Tariff Code 7208, 7209, 7210, 7211, 7212, 7213, 7214, 7304, 7305 and 7306 need to obtain a Confirmation on Local Availability (CLA) through Malaysian Iron & Steel Industry Federation (MISIF) and Malaysia Steel Association (MSA).

The CLA and Statutory Declaration (SD) can be downloaded from the MISIF website www.misif.org.my and submitted to MISIF and MSA via [email protected]. The confirmed CLA and SD then need to be attached as supporting documents in the submission of the MIDA application through the investmalaysia portal.

For more information or further clarification, please contact MISIF at 03 – 5038 7305 / email: [email protected].

Click here to download the CLA Framework details.

Note **
The above mechanism does not apply to the following applications:

Applications for Export/Free Zone (FZ)/Licenced Manufacturing Warehouse (LMW)
Applications for Finished Product with Zero Import Duty
Additional Quantity, Amendment and Appeal application that does not involve any changes on approved grade and descriptions

2. Import Duty Exemption on Tinplate (HS Code 7210.12.9000)
The existing policy on tinplate will be expiring on 31^st December 2023. Therefore, starting 1^st January 2024, application for Import Duty Exemption on Tinplate (HS Code 7210.12.9000) will only be considered for Export / Free Zone (FZ) / Licensed Manufacturing Warehouse (LMW) market. Any application for Domestic market will not be accepted.

For more information regarding the latest import duty exemption policy on tinplate, please contact Tariff Division at 03 – 2267 3633.

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Announcement: Updates on Import Duty Exemption (Iron and Steel – HS Code 7201-7316)

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The Malaysian Investment Development Authority (MIDA) is currently in the process of gathering information related to the Manufacturing Licence (ML) thus inviting all companies approved with the ML to participate in the online survey.

The survey can be accessed from 1 November 2023 until 31 December 2023 and will take less than 5 minutes to complete. The information obtained will be used to plan, formulate and implement the way forward policies for the purpose of national development and the interest of the industry in the future.

Companies with multiple licences will need to fill up the survey once only and information on the approved location and approved products will be based on the company’s main core location and product.

Your participation in this survey is significant and the data collected will be treated privately, under strict confidentiality and used for MIDA purposes solely. MIDA is looking forward to receiving your feedback for the survey by using the following link/QR Code:

a) Link :

https://www.surveymonkey.com/r/SurveyonStatusML; or

b) QR Code:

Important: Companies will NOT be discriminated or penalised on the feedback given. Therefore, please provide actual data/feedback for the survey. Your contribution would be very useful in guiding the policy of Manufacturing Licence to be consistent with national economic policies and promote the orderly development of manufacturing activities in Malaysia.

Survey on Manufacturing Licence

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The present MIDA Confirmation Letter [Surat Pengesahan MIDA (SPM)] will be expired on 31^st December 2023.

Starting 1^st November 2023, company may apply for the extension of SPM via https://investmalaysia.mida.gov.my to claim for import duty and/or sales tax exemption from the Royal Malaysian Customs Department on machinery/equipment/spare parts/prime movers/container trailers for the following:

Manufacturers in Principal Customs Area (PCA)
Companies Engaged in Hotel Business
Haulage Operators
Aerospace Maintenance, Repair & Overhaul (MRO) Companies

For further information and clarification, please contact;

Tariff Division
Malaysian Investment Development Authority (MIDA)
Level 16, MIDA Sentral
No. 5, Jalan Stesen Sentral 5
Kuala Lumpur Sentral
50470 Kuala Lumpur
Tel: 03-2267 3633
Email: [email protected]

Application For Extension Of MIDA Confirmation Letter [Surat Pengesahan MIDA (SPM)]

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