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Malaysia’s 1h 2025 Approved Investments Up By 18.7% Year-On-Year To RM190.3 Billion, Creating Over 89,000 New Jobs

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For January to June 2025 (1H 2025), Malaysia attracted RM190.3 billion of approved investments in services (RM118.6 billion, 62.3%), manufacturing (RM68.4 billion, 36.0%), and primary (RM3.3 billion, 1.7%) sectors. This is a notable 18.7% increase in comparison to the same period last year (1H 2024).
Foreign Investments (FI) accounted for a significant 56.1% or RM106.8 billion of the total approved investments, while Domestic Investments (DI) contributed 43.9% or RM83.5 billion.
The services sector’s share accounts for RM118.6 billion of the total approved investments, showing a significant 25.6% year-on-year increase [cf. RM94.4 billion in 1H 2024].
The manufacturing sector’s share of approved investments is RM68.4 billion, a robust 13.8% y-o-y growth. This was contributed by a 12.1% increase in foreign investments, 20.2% in domestic investments and a 37.7% increase in new jobs.
The top five (5) sources of FI are Singapore (RM43.4 billion), the People’s Republic of China (RM23.4 billion), the United States of America (RM10.4 billion), the British Virgin Islands (RM6.6 billion), and Italy (RM3.3 billion).
The five (5) states that recorded the highest approved investments are Johor (RM56.0 billion), Selangor (RM34.7 billion), W.P. Kuala Lumpur (RM30.1 billion), Pulau Pinang (RM18.9 billion) and Sabah (RM11.4 billion).

KUALA LUMPUR, 22 August 2025 – Malaysia has clearly risen above the current geopolitically challenging landscape and maintained its position as an attractive investment destination in the region. The country secured RM190.3 billion in approved investments during the first half of 2025 (1H 2025), an 18.7% increase year-on-year.

A total of 3,011 projects across the manufacturing, services, and primary sectors are expected to generate 89,294 new jobs, highlighting the country’s ability to translate investment commitments into real economic impact. FI surged 43.5% year-on-year, propelled by strong growth in all three (3) sectors: services (+100.7%), manufacturing (+12.1%) and primary (+57.4%). This is also validated by Malaysia’s rise from 34^th to 23^rd position by the IMD World Competitiveness Ranking 2025. The growth and improved competitiveness reflect the government’s concerted efforts to enhance service efficiency, implement aggressive trade and investment promotion missions and streamline approval processes. These factors are pivotal in strengthening investor confidence in the country’s economic direction and in continuing to attract significant investment inflows.

For approved investments based on foreign sources[1], Singapore emerged as the leading source country with RM43.4 billion, followed by the People’s Republic of China (RM23.4 billion), the United States of America (RM10.4 billion), the British Virgin Islands[2] (RM6.6 billion), and Italy (RM3.3 billion). These foreign investments signal enduring global trust in Malaysia as a strategic base for regional growth.

The state of Johor recorded the highest value of approved investments (RM56.0 billion), followed by Selangor (RM34.7 billion), W.P. Kuala Lumpur (RM30.1 billion), Pulau Pinang (RM18.9 billion) and Sabah (RM11.4 billion).

National Investment Aspirations (NIA) – Driving Malaysia’s Long-Term Goals

The focus sectors under the National Investment Aspirations (NIA) contributed a total of RM88.3 billion, representing almost half of the total approved investments (46.4%) across various economic sectors. These approvals span 426 projects and are expected to create 33,891 new employment for Malaysians, demonstrating a strong alignment between the nation’s investment strategies and its development goals.

Of the total approved amount, RM106.2 billion or 55.8% falls under the scope of MITI and MIDA. This includes 1,247 projects projected to generate 48,689 jobs.

YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI), said, “Malaysia’s 18.7% year-on-year growth in approved investments for 1H 2025 demonstrates foreign and domestic investors’ continued trust in our clear policies and long-term industrial reform agenda. These have contributed to Malaysia’s strong economic fundamentals, which have clearly held up our economy even amid a challenging global environment. MITI and MIDA are working closely with other relevant Ministries and Agencies to ensure these commitments are implemented expeditiously to deliver meaningful outcomes for the people.”

[1] Compilation of foreign investments is based on the ultimate investing country. 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.

[2] Based on declaration by the applicant company in its submission to MIDA and relevant Ministries/Agencies.

He also noted the significance of Johor’s growth momentum, “Johor’s performance has been especially encouraging, topping the nation in both Q1 2025 (RM30.1 billion) and in 1H 2025 (RM56.0 billion). This reflects the state’s strengthening economic fundamentals, driven by initiatives such as the Johor–Singapore Special Economic Zone, one of Malaysia’s value propositions as a strategic manufacturing and services hub within the ASEAN region.”

Services Sector Powers in Growth, Led by Strong Domestic Investments

The services sector accounted for RM118.6 billion in approved investments, representing 62.3% of the total, comprising 2,476 projects. The sector recorded a year-on-year increase of 25.6%, with an estimated 42,576 new jobs expected to be created.

Domestic investments contributed RM66.6 billion (56.2%) while foreign investments contributed RM52.0 billion (43.8%). This healthy balance reflects foreign and domestic investors’ continued confidence and the sector’s broad-based appeal.

The top-performing sub-sector under the services sector are:

Information and Communications: RM59.6 billion
Real Estate: RM38.6 billion
Utilities: RM6.0 billion
Support Services: RM5.9 billion
Distributive Trade: RM4.3 billion

Notable Projects Elevating Malaysia’s Services Sector

DHL Express (Malaysia) Sdn. Bhd.: DHL Express (Malaysia) Sdn. Bhd. launched one of its most advanced facilities in Southeast Asia — the Kuala Lumpur Gateway. With a €60 million (RM300.0 million) investment, it is the region’s first gateway with a fully automated sorting system, capable of processing up to 10,000 shipments per hour.
Adventist Hospital & Clinic Services (M): Located in Georgetown, Penang, this home-grown, Malaysian-owned healthcare provider is investing RM300.0 million in modern facilities, cutting-edge technology and expanded specialist services to become a leading tertiary healthcare provider for the Malaysian community and international visitors.
SM01 Sdn. Bhd.: With an investment close to RM200.0 million,SM01 Sdn. Bhd. is a flagship solar project in Gurun, Kedah, under the Corporate Green Power Programme led by Japan’s Shizen Malaysia, with partners from Solarvest and HSS. Showcasing Malaysia–Japan collaboration, it advances ESG-focused green investments, delivering green energy to corporate offtaker through large-scale sustainable infrastructure.
Base Floating Solar Sdn. Bhd.: The company is responsible for designing, constructing and operating the Batang Ai Floating Solar Farm, the largest floating solar photovoltaic (FPV) installation in Sarawak, Malaysia, valued at RM184.6 million.

Manufacturing Sector Attracts RM68.4 Billion, Boosting High Value Jobs

Malaysia’s manufacturing sector secured RM68.4 billion or 36.0% in approved investments for 1H 2025. The approval of 518 projects is anticipated to yield 46,690 new job openings.

Notably, foreign investments (FI) accounted for 78.0% or RM53.3 billion of the total approved investments in the manufacturing sector, while domestic investments (DI) contributed RM15.1 billion (or 22.0%).

Encouragingly, the share of higher-skilled roles has been rising: the managerial, technical and supervisory (MTS) index climbed to 46.9%, from 42.7% a year earlier. This suggests slow but steady progress in moving up the value chain, a shift that will hinge on the continued upskilling of local talent and accelerating technology adoption.

The top-performing sub-sector under the services sector are:

Chemical and chemical products: RM15.5 billion
Electrical and electronics (E&E): RM13.1 billion
Basic metal products: RM9.8 billion
Non-metallic mineral products: RM7.1 billion
Machinery and equipment: RM5.2 billion

Notable Manufacturing Projects Strengthen Malaysia’s Industrial Base

Pentamaster Technology (M) Sdn. Bhd. With an investment of RM1.8 billion, the company provides advanced automation manufacturing and technology solutions to high-value industries and is set to become the first Malaysian automation company to design and build advanced test equipment for next-generation semiconductor manufacturing globally.
QL Foods Sdn. Bhd.: A Perak-based agro-food company investing RM1.2 billion over the next ten years. Specialising in surimi and surimi-based products for both domestic and international markets, the company is also adopting sustainable practices and innovation to support Malaysia’s food security and export competitiveness.
Chipbond Technology Malaysia Sdn. Bhd.: RM1.0 billion wafer-level chip scale packaging (WLCSP) facility.
Altera Semiconductor Technology (M) Sdn. Bhd.: RM1.0 billion to manufacture field-programmable gate arrays (FPGAs) and other integrated circuits.
Hunan Yuneng New Energy Battery Material Co., Ltd.: Investing RM560.0 million in Phase 1 to establish a facility in Malaysia for the production of lithium battery cathode materials.
Singda Superalloy (Malaysia) Sdn. Bhd.: A Singapore-based high-tech company will invest about USD80 million (RM336.8 million) in Johor to build South-East Asia’s first superalloy manufacturing plant. The facility will produce high-performance superalloy materials for industries including aerospace, oil and gas, new energy, petrochemicals and automotive, creating more than 300 skilled local jobs.
NetZero Technology Sdn. Bhd.: RM340.0 million manufacturing facility in Kedah, producing insulation from recycled glass waste for energy-efficient construction.

Primary Sector Maintains Stability Amid Global Headwinds

The primary sector secured RM3.3 billion in approved investments across 17 projects, mainly in mining. The approved investments are dominated by domestic sources with RM1.8 billion (54.2%), while foreign sources contributed RM1.5 billion (45.8%).

Positive Outlook with Strong Pipeline of High-Impact Investments

From January to June 2025, MITI and MIDA undertook a total of six (6) Trade and Investment Missions (TIMs), two (2) of which were official visits led by the Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim. These engagements covered the United Arab Emirates (UAE), the United Kingdom, Switzerland, India, Russia, Saudi Arabia, Singapore, and the United States of America, serving as platforms to strengthen bilateral ties and engage with prominent global business leaders.

Malaysia’s investment outlook remains resilient, supported by a steady flow of quality project proposals. As at 31 July 2025, MIDA is facilitating a solid pipeline of 385 potential projects, collectively valued at RM22.5 billion.

The services sector continues to lead the way, comprising 290 projects worth RM15.7 billion.
Meanwhile, the manufacturing sector maintains its strong showing with 95 projects valued at RM6.8 billion.

MIDA is also in active discussions for an additional RM103.8 billion worth of high-impact investment leads—signaling sustained investor interest and confidence in Malaysia’s pro-business policies and long-term economic direction.

High Implementation Rates Reinforce Malaysia’s Investment Credibility

Between 2021 to June 2025, the National Committee on Investment approved 3,883 manufacturing projects. Of these:

85.1% of projects (3,414) have been implemented, which includes full-scale production, factory construction, and machinery installation.
11.9% remain in the planning phase, focusing on critical activities such as site selection and developer consultations.
3.0% of projects were not implemented due to a change of commercial direction by the investor(s).

Implementation rates for specific periods reinforce this credibility:

Over 90% of manufacturing projects approved in 2021 until 2023 have been implemented.
83.5% of 2024’s and 49.6% of January – June 2025’s projects are already progressing, a commendable rate given the average lead time of 18 to 24 months typical for such developments.

Examples of implemented projects are provided in Appendix I.

Consistently high implementation rates signal not only investor trust and policy consistency, but also MIDA’s dedicated investor aftercare services and strong inter-agency collaboration.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said that Malaysia’s performance in attracting investments for the first half of 2025 is a clear sign of resilience, “Despite a tumultuous global economy, Malaysia’s economy expanded by 4.4% in the second quarter of 2025[3], and investment momentum is holding strong. This clearly reflects the depth of our fundamentals and the trust investors place in our long-term direction. At MIDA, our role is to make that journey from interest to implementation as smooth as possible.”

“Through the Invest Malaysia Facilitation Centre, we bring all the relevant agencies under one roof so decisions can be made quickly, bottlenecks removed, and projects get off the ground swiftly. It’s why over 85% of manufacturing projects approved since 2021 until June 2025 are already being implemented. Every day, we see how this approach helps investors turn plans into action, creating jobs, building capacity, and keeping Malaysia competitive even when global conditions are less than ideal. These are the times when our ability to deliver really counts, and the results in 1H 2025 show that we are delivering,” he added.

Malaysia’s strategic advantage lies in its commitment to strategic reforms, high-impact sectors, and investor facilitation, ensuring the country remains a preferred destination for quality investments for years to come.

[3] https://www.bnm.gov.my/-/qb25q2_bm_pr

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

*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.

For further information, please refer to https://www.mida.gov.my/why-malaysia/investment-statistics/

For media enquiries please contact:

Ms. Fatmah Ahmad
Director of Corporate Communications Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected] | DL: +603-2267 2428

Malaysia’s 1h 2025 Approved Investments Up By 18.7% Year-On-Year To RM190.3 Billion, Creating Over 89,000 New Jobs

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Penang, 18 August 2025 – UMediC Group Berhad (“UMC”) unveiled its massive expansion at Batu Kawan Industrial Park, on 15 August 2025. The expansion marks a doubling of the company’s manufacturing capacity. The new facility adds 20,000 square feet of production space to their existing 30,000-square-foot operation. This growth represents a major commitment to Malaysia’s healthcare future.

The expansion includes three major components:

UMC Healthcare Centre
Rescue Medic Ambulance Services
UMC Learning Centre

The launch ceremony was officiated by YB Daniel Gooi Zi Sen, Penang State Executive Councillor for Youth, Sports, and Health. He was joined by distinguished guests, including YB Goh Choon Aik, State Assemblyman (ADUN) for Bukit Tambun and Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang, along with senior representatives from Invest Penang.

In his speech, YB Daniel Gooi Zi Sen, Penang State Executive Councillor for Youth, Sports, and Health, stated, “Today, we witness a homegrown success story – a company that started with a vision, perseverance and dedication, now recognised as one of Malaysia’s top medical device companies. UMC’s success brings pride to Penang, bring our economy and enhances our nation’s global reputation.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), praised the expansion, “This achievement reflects UMC’s strong vision and commitment to moving up the value chain, in line with national strategies such as the New Industrial Master Plan 2030 to drive innovation, diversification and high-value offerings. UMC’s evolution from a leading medical device manufacturer into an integrated healthcare provider, leveraging advanced medical technologies, digitalisation and R&D while expanding into training centres and ambulance services, not only strengthens its market position but also enhances Malaysia’s capabilities in the medical technology and services sectors, supporting the growth and resilience of our healthcare ecosystem.”

UMC’s core business is supported by robust manufacturing capabilities and a dedicated Research & Development team. The company produces essential devices such as prefilled humidifiers, prefilled nebulisers, and asthma spacers, which are exported to approximately 40 different countries worldwide. Notably, UMC is the first company globally to obtain Halal certification for its prefilled humidifier, a testament to its innovation and adherence to quality standards. The new state-of-the-art ISO 5 cleanroom, with high-precision blow-fil-seal machinery, further reinforces its position as a global-ready medical manufacturer.

Beyond manufacturing, UMC also plays a vital role in the distribution of critical life-support medical and laboratory devices carrying global well-known brands such as Philips, GE and AliveDx. With the new facilities, UMC’s offerings now include medical training, ambulance services, and the operation of healthcare centres, creating a comprehensive, integrated healthy supply chain.

Mr. Eric Lim Taw Seong, CEO of UMC, maintains that the group of companies will continue to expand its coverage and offerings in different areas of the healthcare industry, in line with our vision, which is to provide an integrated healthcare supply chain with advanced technology, which ultimately improves the quality of human life.

The launch ceremony was highlighted by a showcase of Rescue Medic Ambulance Services, free basic health screenings, a facility and plant tour, and live demonstrations of UMC’s cutting-edge medical devices.

From left to right-Dato’ Seri Ng Chai Eng, Chairman of UMediC Group Berhad and CEO of UWC Berhad; Dato’ Loo Lee Lian, CEO of InvestPenang; Y YB Goh Choon Aik, ADUN Bukit Tambun, Pulau Pinang; YB Daniel Gooi Zi Sen, Penang State EXCO for Youth, Sports and Health;Mr. Eric Lim Taw Seong, CEO of UMediC Group Berhad; Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang;Dato’ Lau Chee Kheong, COO/Executive Director/Co-Founder at UWC Holdings Sdn Bhd.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About UMediC Group Berhad

UMediC Group Berhad (“UMC”) is an investment holding company. Through its subsidiaries, UMC is involved in the manufacturing, marketing and distribution of various medical & laboratory devices and consumables as well as the provision of after-sales services and medical services. UMC is a homegrown own-brand manufacturer for HYDROX prefilled humidifiers, AIRDROX series inhaler spacers and the recent introduction of its HYDROX prefilled nebulizers and FLEXIDROX water bag for inhalation. The HYDROX prefilled humidifiers hold Halal and Conformité Européenne (CE) certifications. Now, UMediC is expanding beyond product manufacturing and distribution to build a comprehensive healthcare ecosystem with the launch of the UMC Healthcare Centre, Rescue Medic Ambulance Services, and UMC Learning Centre.

For media enquiries, please contact:

MIDA
Ms. Wahida Abdul Rahman
Director, Healthcare, Education & Hospitality Division
No.: +603-2267 6622| Email: [email protected]

UMediC Group Berhad
Ng Sze Hui
Legal Compliance Advisor
Email: [email protected]
Tel: 04-589 9676

UMedic Group Expands Operation In Malaysia, Reflects Growing Confidence In Malaysia’s Healthcare Industry

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The 209,000 square foot office space is designed to host over 1,200 employees and include a state-of-the-art engineering lab space to support semiconductor design

Penang – August 14, 2025 – AMD (NASDAQ: AMD) today inaugurated its new state-of-the-art office and engineering lab facility in Bayan Lepas, Penang. This marks a significant milestone in AMD’s commitment to expanding its global business services and engineering presence in Malaysia.

The new office at GBS by the Sea, spans 209,000 square feet and is designed to support over 1,200 employees. It features open workspaces and state-of-the-art engineering labs to drive advances in semiconductor design.

The launch was inaugurated by YAB Tuan Chow Kon Yeow, the Chief Minister of Penang, in the presence of Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO), Malaysian Investment Development Authority (MIDA), Keivan Keshvari, Senior Vice President, Global Operations, AMD and Chuang-Li Khoo, Penang Site Lead, AMD.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang, said, “As AMD celebrates its over five decades presence in Penang, this milestone stands as a strong testament to Penang’s position as a sustainable and thriving investment destination, where companies not only establish a foothold, but also grow and flourish.” He added, “As global trends shift rapidly toward frontier technologies such as AI, the Penang State Government, via InvestPenang, remains committed to supporting forward-looking investors like AMD in these transformative fields.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO said, “AMD’s new facility in Penang is a testament to the enduring and evolving partnership between Malaysia and a global technology leader. From our initial collaboration in manufacturing five decades ago to this significant investment in integrated circuit (IC) design and high-value services, AMD’s journey mirrors Malaysia’s own progression up the semiconductor value chain. By anchoring R&D and advanced capabilities here, AMD is not only creating high-quality jobs but also fostering a dynamic ecosystem where local talent and firms can thrive alongside global innovators.” He added, “Aligned with our New Industrial Master Plan 2030, the National Semiconductor Strategy and the 13 th Malaysia Plan, MIDA is proud to have supported AMD’s strategic growth in Malaysia and looks forward to continuing this shared journey of innovation with AMD for many
years to come”.

Keivan Keshvari, Senior Vice President of Global Operations, AMD, said, “The opening of this advanced facility underlines AMD’s long-term commitment to Malaysia’s thriving semiconductor ecosystem. This new office will enable us to develop, build, and deliver the next generation of high-performance, adaptive and AI computing solutions across the AMD portfolio while supporting Malaysia’s continued growth as a hub for technological innovation.”

Chuang-Li Khoo, Penang Site Lead, AMD, said, “I am very proud of the space we have built here. We started our operations in 2002, with the foundation of the Accounting and Finance Service operations in Penang. 23 years later, we celebrate a new chapter for AMD in Malaysia with the inauguration of our new office at GBS by the Sea, expanding our presence across global business services and engineering. This
facility is designed to enable our teams to grow, collaborate, and deliver world-class solutions from a world-class workspace, reinforcing our commitment to Penang as a hub for talent, innovation, and excellence.”

The new office reinforces AMD’s long-standing presence in Malaysia and reflects the company’s confidence in the region’s talent and potential. With expanded capabilities and a focus on innovation, the Penang facility will play a key role in supporting AMD growth while contributing meaningfully to Malaysia’s semiconductor ecosystem.

From left to right-Dato’ Loo Lee Lian, Invest Penang CEO; Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO; YAB Tuan Chow Kon Yeow, Chief Minister of Penang; Keivan Keshvari SVP, Global Operations, AMD Global Operations & Quality; Khoo Chuang Li, Senior Director Finance, AMD Penang Site Lead

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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), and 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 AMD

For more than 55 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, Facebook and X pages.

For media enquiries, please contact:

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

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

AMD
Anita George
Corporate Communications, APJ
Tel: + 91-7799992478
Email: [email protected]

AMD Expands R&D Footprint with State-Of-The-Art Malaysian Facility

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Agilent’s state-of-the-art facility in Penang received recognition by the World Economic Forum, solidifying Malaysia’s position as a leader in advanced manufacturing

KUALA LUMPUR, Malaysia, 14 August 2025 — Agilent Technologies Inc. (NYSE: A) today celebrated a landmark achievement as its smart factory in Penang was recognised as a global leader in the Fourth Industrial Revolution (4IR) by the World Economic Forum and McKinsey & Company. The accolade honours factories worldwide that demonstrate exceptional performance in productivity, supply chain resilience, and talent development through the adoption of advanced technologies.

Leveraging artificial intelligence (AI) and advanced digital technologies, Agilent Penang has increased overall productivity by 40%, reduced delivery lead times by 48%, and a significantly reduction in environmental impact. These advancements have enhanced agility in meeting changing market demands while equipping its workforce with AI-ready skills. Agilent’s Penang facility is now one of only two (2) factories in Malaysia to be named by the Forum, firmly placing the state on the global map for advanced manufacturing excellence.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang, said, “I am especially proud that both Malaysian Lighthouse sites are located in Penang, a reflection of the state’s readiness to embrace Industry 4.0 and its rising prominence as a national benchmark for smart manufacturing excellence.” He added, “Agilent balances technological advancement with environmental and social responsibility, making its Penang’s site a true model for Smart Factory development in Malaysia.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), expressed, “We extend our heartfelt congratulations to Agilent for this prestigious recognition as a World Economic Forum Global Lighthouse – a milestone that reinforces Malaysia’s growing reputation as a hub for advanced manufacturing and smart industry. We applaud Agilent’s significant role as one of the enablers and accelerators for the entire semiconductor value chain in the country. The National Semiconductor Strategy strengthens the overall industrial ecosystem by advancing skills, research, and infrastructure, which in turn supports high-value companies like Agilent and helps the semiconductor sector grow more resilient. Together with the New Industrial Master Plan 2030 and the 13th Malaysia Plan, these national efforts are being translated into real, measurable impact. MIDA is proud to have supported Agilent’s journey as we collectively position Malaysia at the forefront of global industrial leadership.”

“Embracing human-machine collaboration for industries to augment human capabilities introduces great new possibilities in navigating evolving market landscapes. At Agilent, we are proud to contribute to Penang’s continuous economic growth by driving innovation, world-class manufacturing, and investing in high-value skills.” Said Chow Woai Sheng, President for Order Fulfillment and Supply Chain (Interim) and Vice President for Global Instrument Manufacturing at Agilent.

Central to Agilent’s 4IR transformation is a digital training programme that has successfully upskilled 88% of its local workforce, equipping employees to lead the next chapter of sustainable manufacturing. As the company advances the application of AI in producing life sciences instruments, Agilent continues to collaborate with Malaysia’s scientific community to accelerate discoveries and improve quality of life worldwide.

From left to right-Lim Oon Pin (OP), Associate Vice President of Agilent Penang Factory; Dato’ Loo Lee Lian, CEO, InvestPenang; YBhg Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO, MIDA; YAB Tuan Chow Kon Yeow, Chief Minister of Penang; Chow Woai Sheng, President of OFS (interim) and VP of Global Instrument Manufacturing; Bharat Bhardwaj, Vice President of Sales, APAC; Chai Meng Fee, Associate Vice President of Instrument Design Center and Country General Manager

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About MIDA

About InvestPenang

About the Global Lighthouse Network

Launched in 2018, the Global Lighthouse Network brings together and celebrates the success of the world’s leading industrial sites which achieved exceptional performance in productivity, supply chain resilience, customer centricity, sustainability and talent. This global community of influential innovators, deploying over 1,000 solutions in multiple industries, includes 189 sites, 25 of which are Sustainability Lighthouses. The network now spans over 30 countries and 35 sectors. The initiative was co-founded by the World Economic Forum and Mckinsey & Company. Learn more at WEForum.org.

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is a global leader in analytical and clinical laboratory technologies, delivering insights and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers’ most challenging questions. The company generated revenue of $6.51 billion in fiscal year 2024 and employs approximately 18,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn and Facebook.

For media enquiries, please contact:

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

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

Agilent Technologies
Media Relations, South Asia and Korea
Grace Thong
T: +65 9688 2152
E: [email protected]

Agilent Puts Malaysia On The Global Map For Industry 4.0 Excellence

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Expansion Strengthens Global Supply Chain and Boosts Southeast Asian Presence

PENANG, Malaysia, 11 Aug 2025 – Vivax-Metrotech Corporation (VXMT), a global leader in advanced utility locating and inspection technologies, has announced the establishment of a new manufacturing facility in Penang. The investment, valued at RM48 million will create 175 high-skilled jobs and enhance the company’s production capacity to support accelerating global demand.

The new facility features 16 assembly production lines and specialised clean room operations. This technological infrastructure enables the company to manufacture a range of precision technologies used in telecommunications, water, gas, and electrical utilities. This expansion strengthens Vivax-Metrotech’s global supply chain while reinforcing its presence in Southeast Asia.

“This investment by Vivax-Metrotech Corporation comes at the perfect time as Malaysia strengthens its high-tech manufacturing capabilities,” says Datuk Sikh Shamsul Ibrahim bin Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA). “Their commitment aligns with the 13th Malaysia Plan, supporting the goals of the New Industrial Master Plan 2030. Beyond the RM48 million investment, what excites us most is how Vivax-Metrotech will create 175 quality jobs for Malaysians while helping build our advanced electronics ecosystem. MIDA will continue to facilitate Vivax-Metrotech’s growth in Malaysia, ensuring they have the support needed to expand their operations and contribute to our industrial development.”

Christian Stolz, CEO and Chairman of Vivax-Metrotech Corporation, said, “Malaysia’s proven track record in attracting leading high-technology companies combined with its forward-looking talent pool, exceptional commitment to quality and a strategic location made it a well-suited choice for expanding our manufacturing operations in South-East Asia.”

Mark Drew, President of Vivax-Metrotech Corporation, added, “Expanding manufacturing plays a crucial role in supporting our sales growth and strengthens our global supply chain resilience.”

Liming Zhang, General Manager of Vivax-Metrotech Shanghai Factory, noted, “Our priority is the ensure the Malaysian site operates seamlessly alongside our existing regional operations. With shared expertise, aligned processes and a strong foundation in precision manufacturing, this expansion reinforces our ability to deliver consistently and operate with the reliability our customers expect.”

This investment represents a key milestone in Vivax-Metrotech Corporation’s international growth strategy. With its second manufacturing facility now operational in Malaysia, the company is well-positioned to meet rising global demand while contributing meaningfully to Malaysia’s vision of becoming a high-value, innovation-driven industrial economy.

*****

About MIDA

About Vivax-Metrotech Corporation

Vivax-Metrotech is a leading provider of innovative solutions for locating, inspecting, and mapping underground utilities. With decades of experience and a global footprint, the company delivers cutting-edge technologies that empower utility professionals worldwide to work safely and efficiently.

For media enquiries, please contact:

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

Vivax-Metrotech Corporation
Mark Drew
President of Vivax-Metrotech
Email: [email protected]

Vivax-Metrotech’s State-Of-The-Art Facility Creates 175 Tech Jobs In Penang

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NEGERI SEMBILAN, 8 AUGUST 2025 – Leading Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co., Ltd. (“Hunan Yuneng”) has officially committed to establishing its first Southeast Asian manufacturing facility in Malaysia. The company signed a Memorandum of Understanding (MoU) with Invest Negeri Sembilan and SPD Tech Valley Sdn. Bhd. on August 7, 2025, marking a significant milestone in Malaysia’s growing clean energy sector.

The new state-of-the-art manufacturing facility in Malaysia will be dedicated primarily to producing lithium battery cathode materials. This project represents Hunan Yuneng’s inaugural presence in Malaysia and expected to create over 200 new job opportunities, demonstrating the company’s commitment to Malaysia’s continuous economic development

The MoU was formally signed between YBhg. Dato’ Hj. Najmuddin Sharif Bin Sarimon, Chief Operating Officer of Invest NS, Mr. Liang Kai, Deputy CEO of Hunan Yuneng and Mr. Ten Wee Seong, CEO of SPD Tech Valley. The signing ceremony was witnessed by YAB Dato’ Seri Utama Haji Aminuddin Bin Harun, Menteri Besar Negeri Sembilan, highlighting the strategic significance of this collaboration.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), said, ” This MoU marks a significant milestone that aligns perfectly with Malaysia’s long-term industrial transformation plans under the Thirteenth Malaysia Plan and the New Industrial Master Plan 2030. We’ve identified sustainability, innovation, and advanced technology as key pillars driving our nation’s growth, and this investment by the company aligns strongly with all these priorities. MIDA stands ready to support this project with our full range of facilitation services and ecosystem development initiatives. Having Hunan Yuneng’s technical expertise, combined with strong local partnerships, puts Malaysia in an excellent position to strengthen our global clean energy value chain.”

Mr. Liang Kai, Deputy CEO of Hunan Yuneng, said, “Malaysia has successfully drawn a growing cluster of Chinese enterprises across the entire new-energy battery industry to establish operations. The forthcoming Malaysian facility will serve as Hunan Yuneng’s strategic springboard for expanding throughout Southeast Asia. Hunan Yuneng’s participation will materially strengthen Malaysia’s new-energy battery ecosystem, elevating the nation’s position as a comprehensive industry hub in the region.”

In Q12025, Malaysia approved RM89.8 billion in investments, with the manufacturing sector accounting for RM30.5 billion. Notably, the chemicals and chemical products sub-sector attracted RM4.2 billion, ranking third among contributors to manufacturing investment – a trend that underscores investor confidence in Malaysia’s industrial diversification.

From left to right – Yang Berusaha Mr. Ten Wee SeongChief Executive Officer, Seri Pajam Development Group; Yang Berbahagia Dato’ Haji Najmuddin Sharif Bin Sarimon,Chief Executive Officer, Invest Negeri Sembilan; Yang Berhormat Dato’ Mohd Zafir Bin Ibrahim State Government Secretary, Negeri Sembilan; Yang Amat Berhormat Dato’ Seri Utama Haji Aminuddin Bin Haji Harun Menteri Besar of Negeri Sembilan;Yang Berusaha Mr. Liang KaiDeputy Chief Executive Officer, Hunan Yuneng New Energy Material Company, Limited; Yang Berhormat Tuan Teo Kok Seong EXCO of Investment and Non-Muslim Affairs, Negeri Sembilan; Yang Berusaha Ms. Surayu Susah Executive Director Manufacturing Development (Resource), MIDA; Yang Berusaha Mr. Ma Guodong Chief Investment Officer, Hunan Yuneng New Energy Battery Material Company, Limited; *Yang Berusaha Mr. Zhou Zhihui Deputy General Manager, Hunan Yuneng New Energy Battery Material Company, Limited;* *Yang Berbahagia Dato’ Ten Ah Man Group Executive Chairman, Seri Pajam Development Group*

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About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About Hunan Yuneng
Founded in 2016, Hunan Yuneng is headquartered in Hunan, China and quoted in Shenzhen Stock Exchange with stock code 301358. Hunan Yuneng principally engaged in the research and development, production and sales of lithium-ion battery positive electrode materials. The Company’s main products include lithium iron phosphate and other lithium-ion battery positive electrode materials, which are mainly used in lithium-ion batteries such as power batteries and energy storage batteries.

For media enquiries, please contact:

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

Hunan Yuneng
Mr. Flynn Ma
Director of Hunan Yuneng New Energy Battery Material Co., Ltd.
Email: [email protected]

Hunan Yuneng Chooses Malaysia for its South East Asian lithium Battery Manufacturing Hub

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Strategic Partnership Targets Investments in Semiconductor, EV, and Green Technology Sectors

Kuala Lumpur, Malaysia, 8 August 2025 –The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Berhad yesterday announced a ground-breaking partnership to accelerate high-value investments in Malaysia. The MoU agreement focuses on attracting global investment in semiconductors, specialty chemicals, aerospace, pharmaceuticals, medical devices, electric vehicles, digital sectors, and green technology. This partnership marks a significant milestone in Malaysia’s journey towards becoming a leading innovation hub in Southeast Asia.

The collaboration comes at a crucial time for Malaysia’s economic transformation in light of the recent 13th Malaysia Plan announced last week.

The Chief Executive Officer (CEO) of MIDA, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, emphasised the partnership’s role in strengthening Malaysia-Japan economic ties. “We are pleased to formalise our partnership with MUFG Bank (Malaysia) through this MOU, which aims to further strengthen and deepen Malaysia-Japan economic collaboration. This strategic alliance will actively promote investment opportunities in high- value and competitive sectors by facilitating bilateral investments. By leveraging our extensive business networks and ecosystems, we seek to foster joint ventures and strategic partnerships between Malaysian and Japanese companies.”

“We will also work together to position Malaysia as a welcoming destination for Japanese investors, including through events and outreach activities that support mutual engagement. This MOU is a milestone in enhancing the economic ties between Malaysia and Japan, reinforcing our commitment to sustainable industrial growth and bilateral prosperity,” he further added.

Motohide Okuda, CEO and Country Head of MUFG Malaysia, said, “MUFG is honoured to mark this significant milestone with MIDA. This MoU reflects a shared vision to support Malaysia’s economic growth by leveraging on our global network to promote high quality inbound investments from our global and Japanese corporates and further contribute to the sustainable development and long-term success of Malaysia.”

“We are especially grateful to Datuk Sikh Shamsul, CEO of MIDA, for his continuous support and proactive engagement through other MUFG platforms such as MUFG N0W (Net Zero World) which was held in Sarawak on 20 March 2025 and MUFG’s Semiconductor Seminar, in Penang, on 29 July 2025. His insights have been instrumental in helping businesses understand Malaysia’s evolving investment landscape and exemplify how public-private collaboration can drive inclusive growth and build a resilient, future-
ready economy aligned to national priorities.”

The MoU signing was witnessed by MUFG Chairman, Kanetsugu Mike.

Left to right: Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, Kanetsugu Mike,

Chairman of MUFG and Motohide Okuda, CEO and Country Head of Malaysia.

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About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups.
Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with
approximately 2,000 locations in more than 40 markets. The Group has about 140,000 employees
and offers services including commercial banking, trust banking, securities, credit cards, consumer
finance, asset management, and leasing.

The Group aims to “be the world’s most trusted financial group” through close collaboration among
our operating companies and flexibly respond to all of the financial needs of our customers, serving
society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on
the Tokyo, Nagoya, and New York stock exchanges.

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning more than 40 markets.
Outside of Japan, the bank offers an extensive scope of commercial and investment banking
products and services to businesses, governments and individuals worldwide.

In Asia Pacific, MUFG has presence across Australia, Bangladesh, Cambodia, China, Hong Kong,
Indonesia, India, South Korea, Laos, Malaysia, Myanmar, New Zealand, Pakistan, Philippines,
Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.

It has also formed strategic partnerships with some of the most prominent banks in South-east
Asia, further augmenting its unrivalled network across the region – VietinBank in Vietnam, Krungsri
in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.

For more information about our Asia Pacific network, click here

About MUFG Bank (Malaysia) Berhad

MUFG Bank (Malaysia) Berhad (MUFG) is a subsidiary of Mitsubishi UFJ Financial Group.
MUFG’s presence in Malaysia dates back to 1957 and has since established long-term client
relationships comprising local, global, and Japanese corporates. The bank has branches in Kuala
Lumpur and Labuan.

In 2008, MUFG established an Islamic banking arm, the first Japanese bank to do so in Malaysia,
and has contributed to industry milestones such as the launch of the world’s first Yen-denominated
Sukuk. Through its twin hub located out of the Dubai International Financial Centre (DIFC), and in
tandem with consolidated group subsidiary PT Bank Danamon Indonesia’s Islamic banking entity,
MUFG currently provides a comprehensive suite of Shariah-compliant banking products and
advisory services in Asia Pacific and globally.

MUFG is also a firm supporter of Malaysia’s renewable energy hub aspirations and pivot towards
critical industry sectors, having hosted public engagement sessions such as the flagship MUFG
N0W (Net Zero World) regional thought leadership event and a MUFG semiconductor conference
in Sarawak and Penang respectively. MUFG Malaysia was twice awarded Best Sustainable Bank
(International) by FinanceAsia in 2023 and 2024.

For media enquiries, please contact:

MIDA
Ms. Lim Ming Yee
Director, Foreign Investment Division
No.: +603-2267 3762 | Email: [email protected]

About MUFG Bank (Malaysia) Berhad
Ms. Valerie Vu
Corporate Communications
MUFG Bank (Malaysia) Berhad
Email: [email protected]

MIDA and MUFG Bank Partner to Drive Malaysia’s Innovation Economy

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PENANG- SAXONBURG, Pa., 29 JULY 2025 – Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the opening of its new Datacom Research and Development Center in Penang. This expansion underscores the company’s strategic commitment to serving its rapidly growing global markets.

The launching ceremony was attended by Government Officials such as the Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid; CEO of Invest Penang, Dato’ Loo Lee Lian; Chief People Officer, Coherent Corporation, Ms. Grace Lee and as well as other Coherent personnel.

Situated at Menara IJM Land, the Penang R&D Center joins the company’s expanding network in Malaysia, complementing its larger manufacturing sites in Ipoh, Perak and Perai, Penang, further maximising transceiver supply from Malaysian factories.

MIDA CEO Datuk Shamsul Ibrahim highlighted the strategic alignment between Coherent’s expansion and Malaysia’s semiconductor ambitions, “The National Semiconductor Strategy (NSS), introduced in 2024, lays out Malaysia’s plan to strengthen its position in the global semiconductor supply chain. One of the NSS’s core priorities is supporting high-value R&D and advanced technologies — exactly the kind of work Coherent is doing here in Penang. The strategy also aims to deepen Malaysia’s local capabilities in areas like chip packaging, photonics, and silicon technologies, creating the kind of ecosystem that benefits global innovators. As Coherent develops next-generation optical transceiver technologies at this new facility, it stands to gain from the strong pipeline of talent being built through the NSS. MIDA is committed to supporting Coherent’s journey not only in the past and present, but well into the future.”

“Coherent Malaysia takes pride in how strategically we are positioned to support the company’s overall growth. Our successful establishment over nearly 25 years has played a critical role in strengthening our global value chain through ongoing expansion plans, and we are confident that our footprint in Penang will spearhead innovation in advanced photonics technology,” said Jimmy Ling, Vice President and Managing Director of Coherent Malaysia.

Meanwhile, Jimmy Wu, Vice President of Engineering, Asia R&D expressed, “Penang is an ideal location, thanks to its well-established high-tech industry and a strong pool of technical talent capable of supporting our R&D growth plans.”

The new center comes equipped with impressive capabilities that put it at the forefront of optical technology:

Next-generation silicon photonics solutions for optical transceivers
Advanced development facilities for 400G, 800G, and 1.6T optical transceiver modules
Specialised testing environments for AI and cloud computing applications

This expansion strengthens Coherent’s ability to serve its global markets while creating valuable connections between its manufacturing sites in Ipoh, Perak and Perai, Penang and its R&D operations in Shanghai.

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

COHERENT MALAYSIA’S FIRST DATACOM R&D CENTER IN PENANG

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About MIDA

About Coherent

Coherent is the global photonics leader. We harness photons to drive innovation. Industry leaders in the datacenter, communications, and industrial markets rely on Coherent’s world-leading technology to fuel their own innovation and growth.Founded in 1971 and operating in more than 20 countries, Coherent brings the industry’s broadest, deepest technology stack; unmatched supply chain resilience; and global scale to help its customers solve their toughest technology challenges. For more information, please visit us at coherent.com.

About Coherent Malaysia

Coherent Malaysia began operations through the incorporation of Finisar Malaysia in 2001, following the acquisition of a 640,000 sq. ft. manufacturing facility in Chemor, Perak. The primary objective of this initial capital investment was to establish an assembly and test site outside the United States, focused on manufacturing optical components, transceivers, and wavelength management equipment. Today, the Ipoh and Perai sites, which are home to over 6,000 employees, are strategically positioned for future growth. They play a critical role in strengthening our global value chain through ongoing expansion plans. These include the design, development, and manufacturing of optoelectronic signal converters (800G), Coherent modules, and reconfigurable optical add/drop multiplexers (ROADMs). Since our inception, Coherent Malaysia’s total capital investment has reached MYR 1.2 billion. In June 2024, we expanded our manufacturing operations in Perai, while in 2023, we began establishing the Penang R&D Center to spearhead innovation in advanced photonics and precision technologies.

For media enquiries, please contact:

Mr. Mohd Mazlan Mokhtar
Director, Electrical and Electronics Division, MIDA
E: [email protected] DL: 0322676655

Amy Wilson
Manager, Corporate Communications
[email protected]

Jimmy Ling
Vice President and Managing Director
[email protected] | +60 16-553 3212

Maggie Shi
Engineering Director, Penang R&D
[email protected] | +60 11-127 05920

Zaiem Meah
HR Director
[email protected] | +60 16-400 9755

Coherent Corp. Launches Coherent Malaysia’s First Datacom R&D Center in Penang, Advancing Optical Transceiver Technology for Ai and Cloud Computing

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IPOH, Perak, 25 July 2025 – Chemical Industries (Malaya) Sdn. Bhd. (CIM), a subsidiary of public-listed Hexza Corporation Berhad, today inaugurated its state- of-the-art corn-based ethanol production facility in Persiaran Tasek, Ipoh, marking a significant milestone in the company’s growth and innovation journey. The new plant exemplifies CIM’s unwavering commitment to quality, sustainability, and the advancement of its operations through modern, circular production methods.

In a strategic shift from molasses to corn as its primary feedstock, CIM now produces ethanol through natural fermentation and distillation using high-quality corn. A key byproduct of this process – Distiller’s Dried Grains with Solubles (DDGS) – is repurposed into high-value livestock feed, reinforcing CIM’s adoption of circular economy principles. This makes CIM the first manufacturer and supplier of locally produced DDGS in Malaysia, supporting both food security and sustainable agriculture.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, emphasised, “The launch of Chemical Industries (Malaya)’s corn-based ethanol facility, exemplifies how circular economy principles can be turned into real economic value, optimising agricultural resources while creating new, high-impact downstream industries such as Distiller’s Dried Grains with Solubles (DDGS) for livestock feed. It strengthens Malaysia’s bio-based value chain, reduces import dependencies, and opens new frontiers for sustainable industrial growth. At MIDA, we welcome such practical investments that support our vision of building a more sustainable manufacturing sector while creating valuable opportunities for our agricultural communities.”

Tuan Haji Mohamad Hashim, Chief Executive Officer of InvestPerak, said, “Chemical Industries (Malaya) has had a long-standing presence in Perak and we are pleased to witness their continued confidence in the state through this latest expansion into corn-based ethanol production. This new facility not only reflects CIM’s commitment to innovation and sustainability but also reinforces Perak’s position as a preferred destination for high-value and future-ready investments. The launch of this plant signifies how strategic investments in bio-based industries can contribute meaningfully to the state’s industrial growth, job creation and advancement of a circular economy.”

Mr. Foong Leon Chiew, Executive Director of Hexza Corporation Bhd., said “This corn-based ethanol plant is an important milestone and strategic investment for CIM. It reinforces our position as the leading producer and supplier of ethanol and DDGS in Malaysia, and our strong commitment to sustainable production.”

CIM’s new facility is designed with high environmental, social, and governance (ESG) standards in mind, focusing on minimal waste, responsible sourcing and reinvestment into the local community to ensure long-term sustainable development.

CIM has a rich legacy as Malaysia’s first ethanol producer, having commenced operations in 1962. The company offers a wide range of ethanol products, from 96% to absolute ethanol, meeting the needs of diverse ethanol end-users. Its product portfolio also includes natural vinegar (through wholly owned subsidiary Bio-Acetic Products Sdn. Bhd.) and now DDGS, further diversifying its market reach.

Throughout its history, CIM has remained a benchmark for quality and compliance. In 1994, it became one of the first in the sector to achieve prestigious MS:ISO9002 certification, in accordance with the British Pharmacopoeia standards. This dedication to excellence has earned CIM a solid reputation as a trusted and reliable industrial partner across Malaysia and beyond.

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About MIDA

About Invest Perak

Perak Investment Management Centre (PIMC) also known as InvestPerak, was established in January 2006 to serve as the ‘First Point of Contact for Investors’ in the manufacturing and services sectors in Perak. It primarily acts as the principal investment promotion agency of the Perak State Government and reports directly to the YAB Menteri Besar Perak. Perak State Government have mandated InvestPerak as secretariat for Centre of Investment (COI), which empowered the function of InvestPerak as facilitator in assisting investors to invest in Perak. COI@InvestPerak have the authority to issue ‘Fast-Track Letter’ for strategic projects, which put the investment projects as a priority for all relevant agencies in their approval process.

For media enquiries, please contact:

Ms. Wan Hariati Wan Salleh
Sr. Deputy Director,
Food Technology & Resource Based Industries Division
MIDA,
Tel: +603-2267 6654
Email: [email protected]

Ms. Lim See Cheng
Deputy General Manager
Tel: +605-291 3128
Email: [email protected]

Mr. Chun Eugene
Marketing & Sales Manager
Tel: +605-291 3128
Email: [email protected]

Chemical Industries (MALAYA) Leads Green Innovation with New Corn-Based Ethanol Plant in Perak

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Penang, Malaysia – July 4, 2025 – SUPERSIC (MALAYSIA) SDN. BHD. (SuperSiC), a subsidiary of Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (JSG), successfully held a groundbreaking ceremony for its new manufacturing facility in Penang, Malaysia. This milestone marks a significant step in JSG’s global expansion strategy and reflects the growing role of Chinese semiconductor enterprises in the global supply chain.

The ceremony was attended by distinguished guests, including representatives namely Mr. Zhou Youbin, Consul General of China in Penang; Dato Loo Lee Lian, CEO of InvestPenang; Mr. Sukri Abu Bakar, Director of Domestic Investment Division of the Malaysian Investment Development Authority (MIDA), Dr. Cao Jianwei, Chairman of JSG and Mr. Sheng Yongjiang, General Manager of Zhejiang Jingrui SuperSiC.

Strategically located in Penang—widely recognised as the “Silicon Valley of the East”—the new facility represents a key move to advance the company’s glocalisation strategy and serve as a pivotal hub for Southeast Asia. Penang’s mature semiconductor ecosystem, strategic geographic location, and abundant talent pool provide an ideal environment for the R&D and production of compound semiconductor materials. The site also positions the company to deliver efficient and agile customer service with high responsiveness.

The project will cover a total area of 40,000 square meters and is slated to begin construction within the year. Upon completion of Phase 1, the facility is expected to reach an annual production capacity of 240,000 8-inch silicon carbide wafers, significantly boosting JSG’s global supply capabilities. The project is committed to principles of sustainable development, emphasising environmental stewardship and employee well-being as part of its corporate social responsibility.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, highlighted, “SuperSiC’s groundbreaking marks a transformative moment in Malaysia’s semiconductor landscape. This investment exemplifies the deepening economic partnership between China and Malaysia, while showcasing our nation’s growing prominence in global high-tech manufacturing. The facility perfectly aligns with our New Industrial Master Plan (NIMP) 2030, Chemical Industry Roadmap (CIR) 2030, and National Semiconductor Strategy (NSS) 2030, advancing Malaysia’s position in complex semiconductor production and high-value technological innovation. MIDA particularly values this investment as it addresses a critical gap in our semiconductor ecosystem – advanced wafer fabrication. This project will serve as a catalyst, attracting further investments in this crucial sector and strengthening Malaysia’s position as Asia’s premier advanced manufacturing hub. With SuperSiC’s commitment, we’re establishing a cornerstone for Malaysia’s technological future.”

Dato’ Loo Lee Lian, Chief Executive Officer of InvestPenang, said: “SuperSiC’s decision to establish its manufacturing facility in Penang underscores the state’s position as a leading hub for high-tech industries and advanced manufacturing. The addition of silicon carbide wafers manufacturer like SuperSiC will further enhance Penang’s dynamic semiconductor ecosystem and solidify its role in the global supply chain.”

Mr. Zhou Youbin, Consul General of China in Penang, emphasised: “The groundbreaking of the SuperSiC Malaysia factory exemplifies the practical implementation of the China-Malaysia Joint Statement, injecting new vitality into the enhancement of industrial chain and supply chain cooperation between the two nations. He also hoped that SuperSiC would seize the opportunities of the new ‘Golden 50 Years’ of China-Malaysia relations to achieve mutual benefit and win-win results, contribute to local development, and noted that the Consulate-General would continue to support Chinese-funded enterprises in deepening exchanges and cooperation.”

Dr. Cao Jianwei, Chairman of JSG, said: “JSG’s 19 years of continuous innovation and growth rely on the strong support of global partners. The Penang facility represents a pivotal milestone in JSG’s international strategy, enabling the launch of SuperSiC’s localised production layout in the Southeast Asian market and the start of a new chapter of deep collaboration with the local semiconductor industry ecosystem in Malaysia. This is not only a strengthening of the global supply chain, but also a practical implementation of the commitment to be close to customers and responsive to their needs.”

Looking ahead, JSG will remain committed to its mission: “To build a world-leading enterprise in semiconductor materials and equipment, and to promote green, intelligent high-tech manufacturing.” With the Penang facility as a new strategic anchor, JSG will continue expanding its global network, accelerating supply chain development. Driven by technological innovation, the company will focus on breakthroughs in Advanced Materials and Advanced Equipment, foster collaborative ecosystems with local partners, and contribute to the sustainable growth of the global semiconductor industry.

*****

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About InvestPenang

IInvestPenang 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), and 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.nang

About Zhejiang Jingrui SuperSiC Electronic Materials Co., Ltd.

Zhejiang Jingrui SuperSiC Electronic Materials Co., Ltd. (SuperSiC), a subsidiary of JSG, was founded in 2014. Specializing in the research, development, production, and sales of compound semiconductor materials such as silicon carbide (SiC) and sapphire, it has grown into a globally recognized supplier. Committed to technological innovation, the company is capable of producing 6-inch to 12-inch products and is dedicated to building an automated smart factory.

For media enquiries, please contact:

Ms. Siti Halimaton Mohd. Rejab
Director of Chemical and Advanced Material Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected]
Tel.: +603 2267 6701

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

SuperSiC Breaks Ground on New Manufacturing Facility in Penang, Malaysia

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PENANG, Malaysia, 28 June 2025 – Malaysia’s ambitions to become Southeast Asia’s leading electric vehicle (EV) hub took a major leap forward today with the official launch of INV New Material Technology Sdn. Bhd.’s cutting-edge lithium-ion battery separator facility. The RM3.2 billion investment establishes Malaysia’s first commercial facility of its kind, positioning the country as the region’s largest producer of battery separators. The ceremony was officiated by Penang Chief Minister, YAB Chow Kon Yeow, alongside other distinguished government officials and industry leaders.

The newly launched facility will produce 1.3 billion square metres of wet-processed and coated lithium-ion separators – an essential component in EV battery manufacturing. The project has generated over 2,000 job opportunities, including 550+ high-skilled technical roles with wages exceeding RM3,000 per month. It serves as a launchpad for technology and knowledge transfer, equipping Malaysian talent with practical exposure to advanced equipment, structured training programmes, and collaboration with global experts. This holistic approach significantly upskills the workforce in advanced materials and engineering plastics, cultivating a future-ready talent pipeline vital for Malaysia’s long-term growth in the EV and high-tech sectors.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), highlighted the facility’s strategic importance, “The launch of INV New Material Technology’s facility marks a transformative step in Malaysia’s electric vehicle journey. Anchored in the New Industrial Master Plan 2030 and the Chemical Industry Roadmap 2030, this investment bridges a critical gap in our EV ecosystem and embeds advanced materials into our supply chain. It sets a new standard for high-tech manufacturing, while strategically catalysing broader industrial growth, and attracting more global and local players to strengthen Malaysia’s position in the global EV value chain.”

“We are honoured to be part of Malaysia’s journey in building a robust, forward-looking electric vehicle ecosystem,” said Mr. Liu Rui, Chief Executive Officer of INV New Material Technology (M) Sdn. Bhd. “This facility is not just an investment in infrastructure, but a long-term commitment to sustainability, innovation, and talent development. Malaysia offers the strategic advantages, talent pool, and government support we need to make this vision a reality, and we are proud to call it home to our first facility in the ASEAN region.”

INV’s plant also sets a benchmark in Industry 4.0 adoption. The facility integrates advanced automation, smart manufacturing systems, and digital technologies to maximise operational efficiency, enhance precision, and promote sustainable practices. It stands as a model for responsible, future-forward manufacturing – a clear signal of Malaysia’s readiness to lead the next wave of industrial transformation. With this milestone, Malaysia further cements its position as a dynamic and trusted destination for high-value EV manufacturing and next-generation technology investments.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About INV

INV New Material Technology (M) Sdn. Bhd. is the first subsidiary of Shenzen Senior Technology Material Co., Ltd. in Malaysia. Specializing in the technological advancement of new energy and materials, emerging as a global leader in industry sales. The establishment of INV’s factory in Penang marks a significant milestone as the first lithium battery separator manufacturing facility in the ASEAN Region.

For media enquiries, please contact:

Siti Halimaton Mohd. Rejab
Director of Chemical and Advanced Material Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected]
Tel.: +603 2267 6701

INV New Material Technology (M) Sdn. Bhd.
Mr. Liu Rui
Chief Executive Officer (CEO)
Email: [email protected]
Tel.: +604-566 9888

Malaysia Solidifies Position as Regional EV Hub With Launch of INV New Materials Pioneering Battery Separator Facility

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KUALA LUMPUR, Malaysia, 26 June 2025 – DHL has reaffirmed its longstanding partnership with the Malaysian Investment Development Authority (MIDA) through the signing of a new Memorandum of Understanding (MOU) yesterday. Under this renewed collaboration, all four DHL business divisions operating in Malaysia – DHL Express, DHL Supply Chain, DHL Global Forwarding, and DHL eCommerce – will work closely with MIDA to strengthen the logistics and supply chain ecosystem, supporting Malaysia’s position as a leading hub for foreign investment (FI).

The announcement builds on a successful collaboration since 2023, where joint efforts with MIDA’s global and local offices have yielded significant investment outcomes. These span across key priority sectors, including electrical and electronics, pharmaceutical, digital economy, aerospace, and chemicals – diversified across eight states: Kedah, Penang, Perak, Johor, Melaka, Sabah, Sarawak, and Selangor.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, remarked, “Malaysia’s logistics sector has undergone a remarkable transformation, emerging as a powerhouse of innovation and technological advancement. We’re witnessing developments in digital technology and smart automation, from AI-powered route optimisation and real-time tracking to advanced warehouse robotics and autonomous delivery systems. Through MIDA’s proactive assistance and facilitation, we’ve created an ecosystem that nurtures these technological advancements and our renewed partnership with DHL represents a strategic alliance that will accelerate Malaysia’s journey towards becoming the region’s premier smart logistics hub.”

“As multi-shoring and multi-sourcing increase in strategic prevalence, Malaysia is well-positioned to capitalise on this momentum due to its regional connectivity and conducive business ecosystem,” said Julian Neo, Managing Director of DHL Express Malaysia and Brunei. “With our extensive network and experience in facilitating cross-border trade, DHL Express is proud to assist MIDA in appealing to global investors by enabling seamless market entry and providing end-to-end logistics solutions. Together, we can make effective progress in our shared mission to bolster the country’s competitive and innovative potential.”

“The expanded partnership between DHL and MIDA also reaffirms our commitment to strengthening Malaysia’s position as a leading regional logistics hub. Our investments in expanding our warehouse footprint and capabilities, including our new warehouse in Southern Malaysia and the opening of Penang Logistics Hub 5, align perfectly with the goals of this MOU. This enables us to continue attracting and supporting global investors in Malaysia. By combining our logistics expertise with MIDA’s vision, we are not only enhancing supply chain resilience for multinational corporations but actively contributing to the nation’s broader economic ambitions,” added Mario Lorenz, Managing Director, DHL Supply Chain Malaysia.

“For multinational corporations eyeing Southeast Asia for expansion, Malaysia emerges as a prime destination, combining strategic geographic advantages with robust infrastructure and business-friendly policies. While technology and manufacturing remain its cornerstone sectors, the country also offers compelling opportunities in high-growth sectors such as life sciences and healthcare, as well as perishables. At DHL Global Forwarding Malaysia, we partner with international businesses to capitalize on these opportunities through our end-to-end logistics solutions that optimize supply chains and accelerate market penetration. Our enhanced partnership with MIDA underscores Malaysia’s readiness to welcome global investors, multiplying their confidence to scale seamlessly while contributing to the nation’s economic ambitions,” said Christopher Lim, Managing Director, DHL Global Forwarding Singapore, Malaysia and Brunei.

“As global e-commerce continues its strong momentum with a projected CAGR of 7% annually until 2030, Malaysia stands out as a strategic gateway for international brands seeking regional growth. DHL eCommerce plays a pivotal role in seamlessly connecting international supply chains to local markets by supporting with our fulfillment and last-mile delivery services. We ensure that goods move swiftly and securely from homes and businesses nationwide, enabling true end-to-end delivery within Malaysia. Our partnership with MIDA strengthens this mission, helping global businesses reach local consumers faster, more reliably and efficiently. By bridging global supply chains with Malaysia’s dynamic consumer base, we are not only enhancing delivery reliability and customer experience but also reinforcing the nation’s position as an attractive, investor-ready logistics market,” said Saurabh Kumar, Managing Director of DHL eCommerce Malaysia.

DHL remains committed to elevating Malaysia’s profile among multinational corporations seeking to diversify their manufacturing and sourcing operations. With its strong presence in Malaysia and comprehensive end-to-end logistics and supply chain capabilities, DHL is well equipped to support foreign investors in enhancing supply chain resilience by leveraging Malaysia’s strategic location. Furthermore, DHL is strategically positioned to support Malaysia’s New Industrial Master Plan (NIMP) 2030 and its sustainable development targets.

Malaysia’s robust appeal is further underscored by the DHL Global Connectedness Index, which ranks the nation third in Asia Pacific and 26^th globally in 2024, showing significant improvements since 2001. Complementing this, the Institute for Management Development (IWD) in Switzerland highlights Malaysia’s significant progress, propelling it 11 spots forward to 23^rd among 69 economies in the World Competitiveness Ranking (WCR) 2025, a notable rise from 34^th last year. This global confidence translated into RM89.8 billion in approved investments in Q1 2025, with foreign investments accounting for a dominant RM60.4 billion (or 67%), despite global economic challenges.

All four of DHL Group’s globally operating divisions – DHL Express, DHL Supply Chain, DHL Global Forwarding, and DHL eCommerce Solutions, are present in Malaysia, offering an unparalleled portfolio of services encompassing international express; supply chain management; road, air, and sea freight; and domestic delivery.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 400,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of more than 84.2 billion euros in 2024. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

For media enquiries, please contact:

Lim Ming Yee (Ms.)
Director of Foreign Investment Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected]
Tel.: +603-2267 6727

Tristan Toh
Corporate Communications Manager
DHL Express Malaysia
Email: [email protected]
Tel.: +6012 719 2021

DHL and MIDA Extend Strategic Partnership to Accelerate Foreign Investments into Malaysia

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OSAKA, Japan, 18 June 2025 – Wide Agro Ventures Sdn. Bhd., a Malaysian-based company today sealed a strategic partnership with Orec Co. Ltd, a company headquartered in Fukuoka, Japan to establish a new state-of-the-art production facility and distribution centre at Seri Iskandar Industrial Park, Perak, with an initial investment of RM30 million.

This joint initiative was unveiled through the signing of a Memorandum of Understanding (MoU) at the World Expo 2025 in Osaka. The ceremony, held at the Expo’s Business Hall, drew high-level representation from both governments. It was officiated in the presence of Yang Berhormat Dato’ Salbiah Mohamed, Perak State Executive Chairman for Women, Family, Social Welfare and Entrepreneur Development (attending on behalf of Yang Amat Berhormat Dato’ Seri Saarani Mohamad, Menteri Besar of Perak), along with senior officials including Yang Berbahagia Dato’ Dr. Roslan bin Mahmood, Senior Division Secretary of the Ministry of Rural and Regional Development, Mr. Mohamad Hashim Abdul Ghani, CEO of InvestPerak Malaysia and Mr. Gulam Muszairi Gulam Mustakim, MIDA Osaka Director.

Yang Amat Berhormat Dato’ Seri Saarani Mohamad, Menteri Besar of Perak, highlighted, “Perak is a land of grace with huge agriculture activity consisting of palm oil, rubber and paddy. Perak’s agricultural sector is a significant part of the state’s economy, contributing 14.2% to GDP. It plays a vital role in food security and exports, with palm oil being a major export. By producing sophisticated machinery and equipment, it will leapfrog the contribution of this sector by enhancing efficiency and productivity nationwide”.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, underscored the broader implications of the partnership, “This strategic partnership marks a timely and impactful investment that will strengthen Malaysia’s capabilities in agricultural machinery manufacturing. The Seri Iskandar facility is poised to become a cornerstone in the sector, acting as a catalyst for greater industrial capacity, technology transfer, and export competitiveness. By complementing Japanese engineering excellence with Malaysian expertise, we are building a resilient and forward-looking value chain. This will enhance productivity in the palm oil sector and beyond, while opening doors for local talents, businesses and the wider community to thrive. Seri Iskandar offers a strategic platform aligned with our national agenda to advance mechanisation and digitalisation in agriculture, and to position Malaysia as a regional hub for high-value machinery manufacturing”.

Mr. Ahmad Fadzil Mustafa, CEO of Wide Agro Ventures Sdn. Bhd. commented “This investment marks a significant milestone in the company’s journey in Malaysia. By expanding our manufacturing capabilities in Perak, we are not only reinforcing our commitment to local industrial development but also advancing our mission to deliver light and sustainable agriculture solutions across the region. We believe in transforming the agriculture sector with better technology, responsibly, sustainably, innovatively, and collaboratively with our partner from Japan.”

This strategic initiative will significantly expand the production capacity and enhance the productivity of Malaysia’s agriculture sector—particularly the palm oil industry—in the coming years. Through the MoU, Orec Co. Ltd will provide cutting-edge technology to Wide Agro Ventures Sdn. Bhd. for the production and distribution of agricultural machinery and equipment in Malaysia and the regional market, strengthening their position as key players in the global machinery and equipment industry.

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

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About InvestPerak

About Wide Agro Ventures Sdn. Bhd.

Malaysian company based in Seri Iskandar, Perak focusing on producing and distributing agriculture machinery and equipment for local and export markets. Established in 2017, the company has long term partnership with Japanese firm to serve increasing demand of such products particularly in palm oil industry. With vendor’s program participation registered under SD Guthrie Berhad, FGV Holdings Berhad and other entities, Wide Agro Ventures optimistic with bright growth in future to be the leading supplier for agriculture machinery and equipment in this region.

For media enquiries, please contact:

MIDA
Ms. Zakiah Sajidan
Director, Machinery and Metal Division
DL: +603-22676769
Email: [email protected]

InvestPerak
Ms. Adina Furzanne Abdullah
Investor Relations Manager
Email: [email protected]
Tel.: +6019-5577602

Wide Agro Ventures Sdn. Bhd.
Mr. Ahmad Fadzil Mustafa
Chief Executive Officer
Email: [email protected]
Tel: +6012-3149800

Malaysia’s Wide Agro Ventures and Japan’s Orec Ink Strategic Pact for High-Tech Agro Machinery Hub in Perak

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Strategic expansion and PSDC partnership set to accelerate Industry 4.0 adoption and talent development in Northern Malaysia

Penang, 18 June 2025 – KUKA Robotics Malaysia, a subsidiary of Germany-headquartered KUKA — a global leader in intelligent automation solutions and majority-owned by China’s Midea Group – today marked a significant milestone with the official launch of its new Penang branch in Bandar Cassia, Batu Kawan. This strategic move reinforces the company’s commitment to advancing industrial automation and robotics innovation in Malaysia and across the Asia-Pacific Economic region.

The ceremony was graced by YB Tuan Jagdeep Singh Deo, Deputy Chief Minister II of Penang, alongside senior representatives from the Ministry of Investment, Trade and Industry (MITI), Malaysian Investment Development Authority (MIDA), InvestPenang, and key industry leaders.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, congratulated KUKA on its office expansion to Penang, stating, “KUKA’s expansion into Penang underscores Malaysia’s robust industrial ecosystem and the growing demand for advanced automation solutions. This new office will assume a key role in supporting our high-technology industries through closer customer engagement, enhanced technical services, and the development of local talent. The initiative is well aligned with the goals of the New Industrial Master Plan (NIMP) 2030, particularly in building Malaysia’s strengths in smart automation.”

This expansion follows KUKA’s successful establishment of its first Malaysian office in Puchong, Selangor and represents a strategic move to support Northern Malaysia’s growing prominence in high-tech manufacturing and smart automation.

During the ceremony, KUKA signed a Memorandum of Understanding (MoU) with the Penang Skills Development Centre (PSDC) to collaborate on robotics training and workforce development — a key initiative aligned with Malaysia’s Industry 4.0 vision.

“Penang’s strength in advanced manufacturing makes it the ideal location for KUKA’s next chapter. We are proud to partner with state agencies and PSDC to shape the next generation of industrial talent,” said Mr. Tean Shen Zen, CEO of KUKA Southeast Asia.

“KUKA’s investment in Penang reflects our confidence in Malaysia as a strategic partner for innovation in automation and robotics,” added Mr. Alan Fam, Chief Regional Officer, KUKA APeC.

The new facility features:

State-of-the-art Application Center showcasing KUKA’s latest robotic solutions
Advanced demonstration areas for electronics, automotive, logistics, and medical applications
Swisslog AutoStore demo facility highlighting intralogistics capabilities
Training facilities for workforce development programmes

With this latest expansion, KUKA strengthens its footprint in Malaysia and reinforces its commitment to supporting the nation’s Industry 4.0 transformation. The Penang branch is set to serve as a regional hub for innovation, technical support, and talent engagement — empowering businesses across sectors to embrace smarter, more efficient automation solutions.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

About InvestPenang

About M.A.i GmbH & Co. KG

M.A.i GmbH & Co. KG is a global provider of automation solutions in special machine construction, headquartered in Kronach, Germany. The company develops individual solutions for industries such as automotive, medical technology, electronics, and new energy. In addition to its German headquarters, which serves as the central innovation, production, and competence center, M.A.i maintains production sites in China and Mexico. With the expansion in Malaysia, the company strengthens its global presence and manufacturing capabilities in strategically important markets.

For more information, please contact:

MIDA
Ms. Zakiah Sajidan
Director, Machinery and Metal Technology Division, MIDA
Email: [email protected] | DL: +603-2267 6769

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

M.A.i GmbH & Co. KG Headquarters
Hummendorfer Straße 74
96317 Kronach-Neuses
Germany
+49 9261 / 910 000
[email protected]
www.m-a-i.de

M.A.i Automation Technology Malaysia Sdn.Bhd.
PMT3089, Jalan Jelawat, Taman Perindustrian Seberang Jaya,
13700 Perai, Penang
Malaysia
+604 383 92 12
[email protected]
www.m-a-i.my

KUKA Robotics Expands Malaysian Footprint with New Penang Office, Strengthening Nation’s Automation Hub Status

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ULU TIRAM, JOHOR, 11 JUNE 2025 – Mosca, a German family-owned company with nearly 60 years of expertise in end-of-line packaging solutions, proudly inaugurated its new state-of-the-art manufacturing facility at Ulu Tiram, Johor, yesterday. The complex, operating as Maschinenfabrik Gerd Mosca (MGM) Sdn. Bhd., represents the company’s third expansion in Malaysia since 2009. The new facility, showcases Mosca’s commitment to technological advancement and sustainable manufacturing.

The Ambassador of Germany to Malaysia, Dr. Peter Blomeyer, officiated the opening ceremony, highlighting the strengthening economic ties between Germany and Malaysia and the importance of the commitment of German companies to investment, employment and vocational training in Malaysia. The event drew distinguished guests including MIDA Johor Deputy Director Mr. Mohamad Ariff Md Mohid, Mosca Group’s Corporate CEOs Mr. Timo Mosca, Mrs. Simone Mosca, and Mr. Alfred Kugler, alongside Malaysian-German Chamber of Commerce and Industry Executive Director Mr. Jan Noether.

MIDA CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid praised Mosca’s latest investment through its Malaysian entity, MGM, as a testament to Malaysia’s growing appeal as a high-tech manufacturing destination, “Mosca’s new facility showcases the perfect alignment between German engineering excellence and Malaysian industrial ambition, their commitment to sustainable manufacturing practices and workforce development directly supports our MADANI Economy vision. This expansion reinforces Malaysia’s position as a preferred investment destination for advanced manufacturing, while creating valuable opportunities for our local talent and supply chain partners.”

A Legacy of Family, Growth, and Responsible Industry

Leading the Mosca Group is second-generation CEO, Timo Mosca, who continues the family’s proud tradition of German engineering excellence with a people-first philosophy.

“Malaysia has been a strategic milestone in our family company’s journey toward internationalisation. With today’s inauguration of our new production facility, we are building on that legacy – and sending a strong signal for sustainable growth, collaborative partnerships, and entrepreneurial foresight across borders” said Timo Mosca.

Reflecting on the company’s journey, Witold Nowak, Director of MGM, shared: “From our humble beginnings in a small shop lot in 2009, to our first proper factory in 2013, and now to this cutting-edge facility, our journey is a source of immense pride. But beyond the buildings and machines, it is our people who define us. We have consistently invested in our workforce through development programs that not only build skills but also empower individuals with responsibility and trust. Many of our employees have been with us for over a decade—clear evidence of our long-term commitment and reputation as an employer of choice.”

Investing in Malaysia, Investing in People

Since establishing its Malaysian presence in 2009, MGM has prioritised hiring Malaysian talent at all levels—from assembly workers and technicians to senior management. Special focus is given to individuals with limited access to education in Johor, offering them meaningful career opportunities.

“We do not just offer jobs—we build futures,” said Timo Mosca. “We continuously upskill our employees, regularly sending many of them to our headquarters in Germany for advanced training. We equip them with the same tools, opportunities, and trust as we do anywhere in the world. We are not merely a foreign investor—we are an integral part of the Johor community”, adds Witold Nowak.

Mosca’s commitment to long-term, inclusive growth is reflected in its partnership with local educational institutions to develop technical and vocational programmes. These initiatives aim to build a sustainable talent pipeline, with a special focus on empowering underprivileged youth in Johor—ensuring that industry progress is shared with the wider community.

With the launch of its new facility, MGM reinforces its corporate ethos: Non-Stop Performance, Non-Stop Responsibility, and Non-Stop Progress. MGM is not just delivering precision packaging solutions; it is engineering a future built on purpose, excellence, and unstoppable momentum.

From Left to right:
1. Syed Aminuddin Syed Salleh – General Manager of Invest Johor
2. Alfred Kugler – Corporate CEO of Mosca Group and Director of MGM
3. Witold Nowak – Director of MGM
4. Jan Noether – Executive Director of MGCC
5. Dr. Peter Blomeyer – The Ambassador of the Federal Republic of Germany to Malaysia
6. Simone Mosca – Corporate CEO of Mosca Group
7. Timo Mosca – Corporate CEO of Mosca Group and Director of MGM
8. Mohamad Ariff Md Mohid – Deputy Director of MIDA Johor

**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.

About Mosca

Mosca is a global leader in sustainable and innovative end-of-line packaging systems for securing goods in transit. With over 50 years of experience, they specialize in high-performance machinery and sustainable packaging technologies, serving wide range of industries from logistics to manufacturing. With their headquarter in Waldbrunn Germany, Mosca operates in more than 30 countries worldwide including a total of 7 production sites in Germany, Canada, Malaysia, Spain and USA. For more information, visit https://www.mosca.com/en

For more information, please contact:

MIDA
Ms. Zakiah Sajidan
Director, Machinery and Metal Division
DL: +603-22676769
Email: [email protected]

Mosca
Mr. Witold Nowak
Director, Maschinenfabrik Gerd Mosca SDN BHD
Phone: +607-8613398
Cell: +65 8499 0947
Fax: +65 6636 5711
Email: [email protected]

Mosca Celebrates Grand Opening of New State-Of-The-Art Manufacturing Facility in Johor, Malaysia, Driving Sustainable Packaging Solutions

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For January to March 2025 (Q12025), Malaysia attracted RM89.8 billion of approved investments in services (RM57.8 billion, 64.4% share), manufacturing (RM30.5 billion, 33.9%), and primary (RM1.5 billion, 1.7%) sectors. This is a 3.7% increase in comparison to the same period last year (Q12024).
Foreign Investments (FI) accounted for a substantial 67.3% or RM60.4 billion of the total approved investments, while Domestic Investments (DI) contributed 32.7% or RM29.4 billion.
The services sector, which commands a significant RM57.8 billion shares of the total approved investments, shows a significant 39.5% y-o-y increase [cf. RM41.4 billion shares in Q12024].
Top five (5) sources of FI* was led by Singapore (RM28.3 billion), followed by The United States of America (RM9.9 billion), The People’s Republic of China (RM7.9 billion), British Virgin Island (RM6.6 billion), and Taiwan (RM1.7 billion).
Five (5) states that have recorded highest approved investments include Johor (RM30.1 billion), followed by W.P. Kuala Lumpur (RM15.0 billion), Sabah (RM10.9 billion), Selangor (RM10.2 billion), and Pulau Pinang (RM9.2 billion).

KUALA LUMPUR, 11 June 2025 – The Malaysian Investment Development Authority (MIDA) today announced Malaysia’s investment figures for first quarter of 2025 (Q12025), securing RM89.8 billion in approved investments, marking a steady 3.7% year-on-year increase despite a challenging and less favourable global economic backdrop.

These investments, spread across 1,556 projects in manufacturing, services, and primary sectors, are set to generate over 33,300 new employment opportunities for Malaysians. The results reflect continued investor confidence in the country’s clear policies and long term fundamentals, bucking the trend of cautious international capital flows due to geopolitical and macroeconomic volatility, as well as intensifying global competition for fresh investments.

Foreign investments (FI) dominated the investment landscape, contributing RM60.4 billion or 67.3% of total investments, while domestic investments (DI) accounted for RM29.4 billion or 32.7%.

Singapore Champions Approved Foreign Investments

Approved investments based on foreign sources*, Singapore emerged as the leading foreign investor with RM28.3 billion, followed by the United States (RM9.9 billion), The People’s Republic of China (RM7.9 billion), British Virgin Islands** (RM6.6 billion), and Taiwan (RM1.7 billion).

Johor Leads in State-Level Approved Investments

In terms of states, Johor recorded the highest value of approved investments (RM30.1 billion), followed by W.P. Kuala Lumpur (RM15.0 billion), Sabah (RM10.9 billion), Selangor (RM10.2 billion), and Pulau Pinang (RM9.2 billion).

YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI) said, “We are encouraged by the 3.7% y-o-y growth for our 1Q2025 approved investments. While these investments are set to create 33,300 new jobs, what is equally important is the increase in our Managerial, Technical, and Supervisory (MTS) index – from 44.2% in Q12024 to 46.3% in Q12025 – reflecting the nation’s steady success in creating higher-skilled, better-paying jobs for our people. With a better integrated ASEAN economy, which we are working hard on as ASEAN Chair, we are also paving the way for Malaysia’s continued positioning as a manufacturing and services hub to this fast-growing 680-million strong region.”

“The investment environment in 2025 is expected to remain challenging due to continued geopolitical and macroeconomic headwinds stemming from the US-China trade war. Nonetheless, although major markets’ protectionist policies and supply chain frictions continue to weigh in on companies’ investment decisions, Malaysia’s clear policies should be able to attract more investments from Asia’s growing economy, expected to expand to about 42% of global GDP by 2040¹,” continued Tengku Zafrul.

National Investment Aspirations (NIA) in Focus

The focus sector under the National Investment Aspirations (NIA) contributed a total of RM48.0 billion, representing 53.4% of the total approved investments across various economic sectors. This approval encompasses 176 projects and is expected to generate approximately 12,510 new job opportunities. Notable projects include:

Linergy Power Sdn. Bhd.: With an investment worth RM1.2 billion, Linergy Power focuses on manufacturing the advanced lithium-ion battery.

Services Sector: Leading the Way in Investment and Growth

The services sector has emerged as a powerhouse of economic growth, securing RM57.8 billion in approved investments across 1,342 projects. The sector’s performance is highlighted by a robust 39.5% year-on-year growth, and will create 15,051 new jobs, marking a significant milestone in the nation’s economic development.

Foreign investors have shown confidence in Malaysia’s services sector, with investments surging by 326.6% to reach RM34.5 billion. This skyrocketed increase reflects strong international interest in Malaysia’s digital infrastructure, tourism, and logistics capabilities.

Top-Performing Sub-Sectors:

Information and Communications: RM35.1 billion
Real Estate: RM13.6 billion
Support Services: RM4.5 billion
Financial Services: RM1.7 billion
Distributive Trade: RM1.1 billion

The information and communications sub-sector stands out, particularly in data centres and cloud computing. Malaysia is strategically embracing advanced Artificial Intelligence (AI) technologies to drive sustainable and innovative growth in this space.

Of the total amount approved, 91.7% was allocated to data centre projects, which are poised to drive Malaysia’s digital economy forward in alignment with the aspirations outlined in the Malaysia Digital Economy Blueprint (MyDIGITAL).

One of the major contributors to this momentum is Speedmatrix Sdn. Bhd., where it undertakes IT Infrastructure-as-a-service (IAAS) activities and provides end-to-end management and operational support for digital infrastructure and cloud systems to its parent company.

The data centres approved investments trajectory affirms Microsoft’s outlook, which values Malaysia’s data centre market at USD4.04 billion in 2024, with projections indicating it will reach USD13.57 billion by 2030. This reflects an impressive compound annual growth rate (CAGR) of 22.38%.

Building on this momentum, the nation is proactively ensuring that this digital infrastructure boom translates into meaningful economic multipliers across diverse industries and communities. Driving this vital progression is MIDA’s flagship DC Nexus programme, an initiative designed to foster a robust data centre ecosystem and forge strategic alliances between multinational corporations and local vendors.

Manufacturing Sector: Advancing Towards High-Value Opportunities

Malaysia’s manufacturing sector secured RM30.5 billion in approved investments for Q12025. The approval of 207 projects is anticipated to yield 18,317 new job openings.

Foreign investments (FI) accounted for RM25.5 billion or 83.8% of the total approved investments in the manufacturing sector. Domestic investments (DI) contributed RM5.0 billion or representing 16.2% of the total approved investments in the manufacturing sector.

A key indicator of the sector’s transformation is the rise in the Managerial, Technical, and Supervisory (MTS) index, which increased to 46.3% in Q12025, up from 44.2% in the same period last year. This reflects a concerted national effort to move up the value chain and create higher-skilled, better-paying jobs.

Top Performing Industries

For the first time, leading the list of high-performing industries is the basic metal products subsector, which secured RM8.9 billion in approved investments. This subsector plays a critical role in strengthening supply chains, particularly as input for upstream iron and steel products and in supporting significant industries such as the electric vehicle (EV), energy-efficient vehicle (EEV), and solar energy systems. This highlights Malaysia’s pivot towards industries that are not only capital-intensive but also strategically aligned with global technological trends. Other strong contributors include:

Electrical and electronics (E&E): RM8.6 billion
Chemical and chemical products: RM4.2 billion
Fabricated metal products: RM2.3 billion
Machinery and equipment: RM1.4 billion

This strong foundation paves the way for Malaysia’s next major leap: The National Semiconductor Strategy (NSS). This phased roadmap aims to elevate Malaysia as a high value innovation hub by moving up the semiconductor value chain into front-end design, fabrication, and advanced manufacturing equipment. This strategic shift leverages Malaysia’s neutrality, strong talent pool, and robust ecosystem of MNCs and SMEs.

Crucial to this evolution is the emphasis on supply chain resilience and sustainability. A key example is MIDA’s Supply Chain Programme at SEMICON Southeast Asia 2025, which creates direct pathways for Malaysian suppliers into global supply chains, especially within high-value semiconductor activities, solidifying Malaysia’s international market position.

Notable Projects from Global Players

Several multinational corporations have announced significant projects, reaffirming Malaysia’s appeal as a manufacturing destination:

TF AMD Microelectronics (Penang) Sdn. Bhd. has committed RM1.5 billion towards integrated circuit and wafer bumping activity.
Londian Wason Copper Foil (Malaysia) Sdn. Bhd. is investing RM1.4 billion in electrolytic copper foil.

Primary Sector: Maintaining Fundamental Strength

The primary sector secured RM1.5 billion in approved investments across 7 projects, mainly in mining. The approved investments are dominated by domestic sources with RM1.1 billion (72.1%), while foreign sources contributed RM0.4 million (27.9%).

Promising Outlook and Continued Investment Attraction Efforts

Malaysia continues to position itself as a top-tier investment destination. As of 10 June 2025, MIDA is actively managing a robust pipeline of proposed projects, collectively valued at RM48.5 billion. The services sector leads this momentum, with 683 projects accounting for RM27.6 billion, while the manufacturing sector, contributing RM20.9 billion across 89 projects.

Complementing this pipeline, an additional RM59.3 billion in high-potential investment leads are currently under negotiation. These figures signal not only a healthy appetite for investment but also growing confidence in Malaysia’s economic fundamentals and policy direction.

Realised Investments for Manufacturing Sector

Between 2021 to 2024, the National Committee on Investment approved 3,494 manufacturing projects. Of these:

87% (3,042 projects) have progressed into various stages of implementation, including full-scale production, factory construction, and machinery installation.
10.2% remain in the planning phase, focusing on critical activities such as site selection and developer consultations.
Only 2.8% of projects were abandoned—an exceptionally low attrition rate that underscores Malaysia’s strong investment facilitation and execution capabilities.

Annual implementation rates reinforce this credibility:

Over 90% of manufacturing projects approved in 2021 (94.9%) and 2022 (93.6%) have moved into execution.
89.9% of 2023’s and 75.1% of 2024’s projects are already progressing, a robust figure given the average lead time of 12 to 36 months typical for such developments.

This high realisation rate signals not only policy stability but also the efficacy of MIDA’s investor services and inter-agency coordination.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, underscored this commitment, “In addition to bringing in good jobs and business opportunities, the projects secured by MIDA for Q12025 support Malaysia’s national effort to build a more diversified and resilient economy. To remain a choice location for high performing companies, we will strengthen our local ecosystem as enablers and prepare our workforce to seize new job and leadership opportunities. By ensuring Malaysia remains relevant in global value chains, we can attract and anchor investments that benefit our economy, enterprises and people for the long haul.”

Strategic Opportunities Amid ASEAN Chairmanship

Malaysia’s economic outlook for the remainder of 2025 remains promising, with a projected GDP growth rate between 4.5% to 5.5%². The country’s role as the Chair of ASEAN for 2025 presents a significant opportunity to further strengthen regional cooperation and integration, enhancing its position as a key economic player within the region. Malaysia’s investment-friendly environment, driven by government-backed growth initiatives in high-priority sectors, continues to make it an attractive destination for businesses.

Malaysia has also made significant strides in global accolades:

Holding the top position in the SEA-5 Data Centre Opportunity Index³
Ranking 36th in the Global Soft Power Index 2025⁴
Jumping seven spots to 12th place in future growth potential⁵

These efforts, coupled with Malaysia’s investment-friendly environment, driven by government-backed growth initiatives in high-priority sectors, continue to make it an attractive destination for global and domestic investors and businesses.

¹https://www.mckinsey.com/featured-insights/future-of-asia/the-rise-of-asian-global-players
²https://www.mof.gov.my/portal/en/news/press-release/4-4-gdp-growth-in-first-quarter-2025-fortifies-malaysias fundamentals-in-the-face-of-global-uncertainties
³https://www.nst.com.my/business/corporate/2024/12/1152211/malaysia-ranked-first-sea-5-data-centre-opportunity index
⁴https://www.bharian.com.my/berita/nasional/2025/02/1365770/malaysia-di-kedudukan-ke-36-dalam-global-soft power-index-2025
⁵https://brandfinance.com/press-releases/from-growth-to-governance-malaysias-rising-global influence#:~:text=A%20major%20highlight%20this%20year,bolstering%20Malaysia’s%20optimistic%20economic%20 outlook.

Note:
*Compilation of foreign investments is based on the ultimate investing country. 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.
** Based on declaration by the applicant company in its submission to MIDA.

***The End***

About MIDA

For media enquiries please contact:

Ms. Fatmah Ahmad
Director of Corporate Communications Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected] | DL: +603-2267 2428

Media Release

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Malaysia’s Approved Investments Grow 3.7% Y-O-Y, Generating Over 33,300 New Jobs, Reflecting Continued Confidence in Nation’s Clear Investment Policies

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MIDA Advances Malaysia’s Investment Diplomacy with RM4.68bn In Leads, Positioning The Country as ASEAN’s Hub For Innovation and Clean Growth.

Kuala Lumpur, 3 June 2025 – As Malaysia proudly marks its dynamic presence at Expo 2025 Osaka, the Malaysian Investment Development Authority (MIDA) is pleased to announce that, thus far, it has successfully secured RM4.68 billion worth of potential investments from Japan. This achievement underscores Malaysia’s growing appeal as a strategic hub for sustainable and innovation-driven business in Southeast Asia.

MIDA’s milestone contributes significantly to the RM7.39 billion in total potential investments secured under Malaysia’s participation at the Expo thus far, representing 56.9% of the national target.

This accomplishment was unveiled during the Opening Ceremony of the Malaysia Pavilion, officiated by Deputy Prime Minister YAB Dato’ Sri Fadillah Yusof, and graced by YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), who played an integral role in representing the country’s investment vision and economic priorities.

A Strategic Platform for Collaboration

The Japan Expo 2025 is among the world’s premier economic and cultural forums, and Malaysia’s participation—spearheaded by the Ministry of Investment, Trade and Industry (MITI)—reflects a whole-of-government approach. MIDA’s role is pivotal in translating this national effort into concrete economic outcomes.

In his remarks, YB Liew Chin Tong, Deputy Minister of MITI stated, “Expo 2025 Osaka is the platform for Malaysia to demonstrate its value as a future-ready, innovation-driven and sustainability-conscious partner. The investment secured through MITI and MIDA reflects investor confidence in our green industries, advanced manufacturing, and digital economy.”

Further reinforcing MIDA’s pivotal role, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, added, “This achievement reflects the strength of Malaysia’s investment proposition and the strategic trust placed in us by Japanese partners. As we deepen bilateral ties, MIDA will continue to assume a proactive role in facilitating high-quality investments that align with national priorities in clean energy, innovation, and sustainable development. Expo 2025 is more than a showcase—it is a proving ground for Malaysia’s investment ambitions, and MIDA is proud to lead that charge.”

Investment Outcomes Driven by Targeted Engagements

The RM4.68 billion in potential investments stems from a week-long investment mission to Japan, covering Kyoto, Kobe, Osaka, and Tokyo from 12–19 April 2025. Led by Mr. Sivasuriyamoorthy Sundara Raja, MIDA’s Deputy CEO (Investment Promotion and Facilitation), the mission involved direct one-on-one meetings with key Japanese corporates across priority sectors.

Complementing the mission, MIDA also organised the ‘Explore Malaysia 2025’ seminar in Osaka, highlighting green investment opportunities in high-growth, high-value industries.

Driving Clean Energy and Sustainable Growth

A key highlight of the Pavilion opening was the signing of a Memorandum of Understanding (MoU) between Sarawak Energy Berhad and the Japan Bank for International Cooperation (JBIC). The collaboration signals a deepened commitment to advancing clean energy and regional decarbonisation, with MIDA assuming a supportive and facilitative role.

Malaysia Pavilion: A Hub of Investment, Trade, Culture, and Innovation

Designed by acclaimed architect Kengo Kuma, the Malaysia Pavilion spans 2,654.52 square meters and is expected to attract 1.5 million visitors over the course of the Expo. With the theme “Weaving a Future in Harmony”, the Pavilion showcases Malaysia’s intersection of cultural depth and technological ambition.

Over a period of six months, the Pavilion will serve as a venue for over 150 business engagements, including investor roundtables, MoU signings, product launches, and sectoral forums. Participation involves 21 ministries, 70 agencies, and representation from all 13 Malaysian states, reinforcing Malaysia’s integrated approach to global engagement.

Through its participation at Expo 2025 Osaka, MITI—together with its agencies including MIDA—is targeting RM13 billion in investment and trade outcomes, focusing on seven priority sectors: sustainable agriculture, renewable energy, smart living, green manufacturing, industrial reform, environmental management, and the halal industry.

As Malaysia builds momentum at the Expo, MIDA continues to serve as the central node for investment facilitation, policy coordination, and execution—ensuring investor interest is efficiently channelled into high-impact, long-term projects.

-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). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. 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:

MIDA
Ms. Lim Ming Yee
Director, Foreign Investment Division
No.: +603-2267 3762 | Email: [email protected]

Malaysia Secures RM4.68bn in Investment Leads from Japan at Expo 2025 Osaka

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KUALA LUMPUR, 30 May 2025 – The Malaysian Investment Development Authority (MIDA) and the UN Global Compact Network Malaysia & Brunei (UNGCMYB) have sealed a strategic partnership to ignite a new era of sustainable and responsible investment in Malaysia. Through a Memorandum of Understanding (MoU) signed today, both organisations commit to accelerating the adoption of environmental, social, and governance (ESG) principles among businesses, laying the foundation for Malaysia’s transition towards a sustainable and more inclusive economy.

The MoU brings together MIDA’s mandate as the nation’s principal investment promotion agency and UNGCMYB’s deep expertise in corporate sustainability. UNGCMYB plays a critical role in supporting businesses in Malaysia and Brunei to align with global sustainability goals by providing essential resources, tools, and expert guidance.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, emphasised at the event, “Sustainability is a critical enabler of future-ready investments. As Malaysia moves forward with our Net Zero 2050 agenda, we’re seeing strong national commitment, policy clarity, and growing investor interest in green sectors. By working with UNGCMYB, we aim to step up efforts to promote greater awareness, build capacity, and increase private sector participation in ESG initiatives, especially in line with MITI’s Green Investment Strategy (GIS) launched last August.”

“This MOU with MIDA is a strategic leap forward in accelerating sustainable business practices across Malaysia. By combining our strengths in knowledge-sharing and ESG capacity-building, we can bridge the gap between awareness and tangible action—ensuring businesses are equipped to meet both the SDGs and evolving market demands,” said Mr. Faroze Nadar, Executive Director of UNGCMYB, in his speech during the event.

The primary scope of the MoU involves collaborative initiatives that facilitate multi-stakeholder participation in sustainability programs. This includes jointly organising conferences, roundtables, and selected development programs focused on Environmental, Social, and Governance (ESG) and broader sustainability topics.

Kicking off this collaboration, MIDA proudly announces its strategic partnership in the Forward Faster Symposium 2025, UNGCMYB’s flagship programme dedicated to accelerating sustainability, scheduled for 5 June 2025, at MIDA’s headquarters.

– 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 Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About UN Global Compact Network Malaysia & Brunei (UNGCMYB)

United Nations Global Compact (UNGC) is a strategic policy initiative for businesses that are committed to take actions to advance broader societal goals. UN Global Compact Network Malaysia & Brunei (UNGCMYB), the official country network of UNGC, is the leading advocate for business sustainability action in Malaysia and Brunei. We empower both corporates and SMEs through value-creating initiatives across learning, connections, and enablers to Forward Faster a collective sustainable future. We support Malaysian and Bruneian companies in aligning with the Ten Principles and contributing meaningfully to the Sustainable Development Goals (SDGs), while providing access to partnerships, tools and knowledge sharing to advance responsible business practices.

For media enquiries, please contact:

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

UNGCMYB
Nabilah Doyle
Head, Events & Communications
Tel:[email protected]
Email: +60124261969

MIDA and UNGCMYB Unite for Sustainable Investment Future

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Selangor’s Newest Smart Logistics Complex Set to Transform Regional Supply Chain Landscape

Selangor, Malaysia, 29 May 2025 – YCH Group today marked a significant milestone with the groundbreaking of Supply Chain City® Malaysia (“SCC MY”), a RM500 million project located within Bandar Bukit Raja (“BBR”), Selangor, an integrated, award-winning township developed by Sime Darby Property Berhad (“Sime Darby Property”).

The groundbreaking ceremony was attended by YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI) Malaysia, Mr Shivakumar Nair, Singapore Acting High Commissioner to Malaysia, Tan Sri Nazir Razak, Chairman of the ASEAN-BAC, Malaysia Chapter, Dr Robert Yap, Executive Chairman of YCH Group, Mr Ryan Yap, Country General Manager, YCH Group Malaysia, Dato’ Seri Azmir Merican, Group Managing Director & Chief Executive Officer of Sime Darby Property, as well as key customers and partners of YCH Group.

This project, which is YCH Group’s largest in Malaysia to-date, represents their long-term commitment to Malaysia’s regional supply chain development and a significant step in realising the country’s vision as a leading logistics and trade hub in ASEAN. As part of YCH Group’s SGConnect™ initiative, SCC MY is poised to serve as a key enabler of regional connectivity, supporting smoother trade flows and future-ready logistics infrastructure.

YB Tengku Zafrul said, “As the lifeblood of global commerce, good logistics is key to ensuring the smooth and cost-efficient movement of goods and services. As such, we are pleased to welcome YCH Group’s RM500-million investment in this sector in Malaysia. We would also like to see them being more inclusive by enabling SME exporters to also access the global market. When trade flows seamlessly, investors see greater opportunities, fuelling further growth and innovation. This is what will support our New Industrial Master Plan’s goals to increase our competitiveness and position Malaysia a key manufacturing and services hub for ASEAN and beyond.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), lauded, “This landmark project marks a significant milestone for Malaysia’s logistics sector. As the first recipient of MIDA’s Smart Logistics Complex incentive, YCH Group sets a powerful precedent for our nation’s integrated smart logistics future. This achievement reflects our commitment to attracting high-impact investments and strengthening Malaysia’s supply chain ecosystem through innovation and automation. The SLC incentive aligns perfectly with the Deklarasi Kuala Lumpur: ASEAN 2045, supporting our vision of a digitally advanced, economically resilient ASEAN region.”

Anchored by YCH’s FUSIONARIS® system and the LEARN™ ecosystem, SCC MY is set to deliver advanced automation and scalable logistics solutions that drive economic value. Built on five pillars — Living Supply Chain, Experiential Workplace Learning, Asia’s Network of Thought Leaders, Reinvent Tomorrow, and Nurturing Disruptive Innovators — LEARN™ each designed for fostering skills and excellence within the supply chain sector. This long-term investment positions SCC MY as a future-ready hub of innovation and growth, enhancing regional connectivity, and contributing to ASEAN’s vision of a well-connected economic community.

Dr Robert Yap, Executive Chairman of YCH Group, remarked, “Supply Chain City® Malaysia is a major step forward in setting new standards of logistics excellence, supporting Malaysia’s growth as a world-class supply chain leader. Our investment in FUSIONARIS® and advanced technologies reflect our commitment to regional connectivity, efficient operations, and sustainable practices. We are also dedicated to training local talent, empowering them with essential skills to support Malaysia’s journey as a preferred destination for global businesses.

The Supply Chain and Logistics Academy (“SCALA”), an industry-level development academy, will be hosted at SCC MY. It offers training programmes to equip local talent with the skills needed to thrive in tomorrow’s logistics landscape, ultimately enabling Malaysia’s workforce to remain competitive on the global stage.

This milestone highlights the successful collaboration between YCH Group and Sime Darby Property in bringing a world-class supply chain hub to life within one of Selangor’s most strategically connected and mature townships.

Dato’ Seri Azmir Merican, Group Managing Director & Chief Executive Officer of Sime Darby Property, said: “Welcoming a global logistics leader like YCH Group to Bandar Bukit Raja reflects the confidence placed in our industrial developments as well as our ability to deliver integrated, future-ready townships. This collaboration is the result of our deliberate and selective approach in curating impactful partnerships that create long-term value. As Malaysia continues to carry out its role as Chair of ASEAN in 2025, this project is a timely example of cross-border collaboration, aligning with the region’s shared focus on economic integration, sustainable and inclusive growth, while also strengthening trade linkages, supporting innovation, and contributing meaningfully to broader regional priorities.”

BBR is a 5,333-acre integrated township known for its sustainable design and thriving industrial ecosystem. With close to 60% of its landbank allocated for industrial use, BBR is home to Malaysia’s first GreenRE Platinum-rated managed industrial park and has become a preferred destination for multinational corporations seeking ready infrastructure, connectivity and ESG-aligned developments.

-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). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

About YCH Group
YCH Group is Singapore’s leading homegrown end-to-end supply chain solutions provider, with a presence in over 100 cities across the Asia Pacific. YCH focuses on boosting productivity and sustainability for its customers with its proprietary best-in-class suite of award-winning solutions across industries such as fast-moving consumer goods, electronics, chemical and healthcare, cold chain logistics, and e-Commerce. A strong proponent of innovation, YCH is recognised for its 7PL™ approach in seamlessly integrating supply chain strategy with execution. Its leadership in initiatives like the ASEAN Smart Logistics Network (ASLN) underscores its pivotal role in advancing the goals of regional frameworks and multilateral trade agreements, such as the ASEAN Economic Community (AEC), the Regional Comprehensive Economic Partnership (RCEP), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

About Sime Darby Property Berhad
With over 50 years of experience, Sime Darby Property leads in creating master-planned communities, setting the benchmark for quality, innovation, and sustainability in residential, integrated and high-rise projects within its 25 townships and developments across Malaysia.

As it transitions into a real estate company by 2025, the company drives the industrial and logistics segment in Elmina Business Park, Bandar Bukit Raja, and Hamilton Nilai City. Propelling its recurring income portfolio, Sime Darby Property is also the first public-listed property developer in Malaysia to venture into the creation of development funds in the industrial and logistics sector.

The company has pledged to achieve Net Zero carbon emissions by 2050, referencing the science-based target of limiting global temperature rise to 1.5°C. A consistent champion for biodiversity, Sime Darby Property is a constituent of the MSCI ACWI Small Cap Index with an MSCI ESG Rating of BBB, is rated by the Carbon Disclosure Project, and has been re-included in both the FTSE4Good Bursa Malaysia Index and the FTSE4Good Bursa Malaysia Shariah Index, affirming its commitment to strong ESG practices.

Part of the respectable Malaysian consortium that successfully regenerated the iconic Battersea Power Station in the United Kingdom, Sime Darby Property also owns the multi-award-winning Kuala Lumpur Golf & Country Club, which hosts the prestigious LPGA-sanctioned Maybank Championship.

Driven by its Purpose to be a Value Multiplier for people, businesses, economies, and the planet, Sime Darby Property, through its philanthropic arm, Yayasan Sime Darby, continuously creates positive social impacts for the communities it serves.

Sime Darby Property has been recognised as Malaysia’s number one property developer at ‘The Edge Malaysia’s Top Property Developers Awards 2024’, with other notable achievements, including Gold and Silver wins at the prestigious FIABCI World Prix d’Excellence Awards 2023, number one in the All-Stars Award at the StarProperty Awards 2025, a number one ranking for the Top of The Chart Award in the RM1 billion and above market capitalisation category at the Malaysia Developer Awards 2024, a Top 10 Developers (Malaysia) Award at the BCI Asia Awards 2024, a Platinum ranking in the Property Development category at the Putra Brand Awards 2023, and a People’s Choice Award at the PropertyGuru Asia Awards Malaysia 2024. Apart from that, Sime Darby Property is listed on the Fortune Southeast Asia 500 list, one of only 89 Malaysian companies to be featured on the inaugural listicle. For more information, log on to www.simedarbyproperty.com.

For more information, please contact:

MIDA
Ms. Habibah Enok
Director, Oil and Gas, Maritime and Logistics Services Division, MIDA
Email: [email protected] | DL: +603-2267 3539

YCH Group
Tammy Ho
Deputy Head, Communications
[email protected]

Sime Darby Property
Media Contact: Natalie Rose Ariffin | +6012-297 1820 | [email protected]
Alia Mior Azhar | +6010-433 4268 | [email protected]

YCH Group Breaks Ground on RM500-Million Supply Chain City® Malaysia In Sime Darby Property’s Bandar Bukit Raja, Strengthening ASEAN Connectivity and Malaysian Logistics Ecosystem

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Regional Hub: BAADER’s new Shah Alam facility boosts Malaysia’s high-tech manufacturing sector and strengthens Southeast Asian food processing capabilities.
Food Security: Delivering advanced solutions for Asia’s rising protein demand and establishing sustainable food systems.
Economic Catalyst: Creating high-value jobs, fostering research and development (R&D), and driving industrial growth.

SHAH ALAM, Selangor, 28 May 2025 – BAADER, a global leader in food processing and technology, today officially inaugurated its newest production facility, BAADER Food Systems Asia Sdn. Bhd., located in Shah Alam, Selangor. This momentous occasion marks a strategic milestone for BAADER, significantly expanding its operational footprint in Southeast Asia and reinforcing its commitment to fostering innovation and sustainable practices within Malaysia’s thriving industrial ecosystem. The Shah Alam facility will play a vital role in offering high-performance machinery, digital monitoring tools, and data-driven production insights.

Distinguished guests at the inauguration include the Menteri Besar of Selangor, Yang Berhormat Dato’ Seri Amirudin Shari; Deputy Ambassador of the Federal Republic of Germany to Malaysia, Ms. Ulrike Wolf; BAADER Global CEO, Honorary Consul Ms. Petra Baader; and the Executive Director of Manufacturing Development (NonResource) at the Malaysian Investment Development Authority (MIDA), Ts. Norhizam Ibrahim. The ceremony highlighted the facility’s role in advancing Malaysia’s manufacturing capabilities and strengthening regional food security.

“BAADER’s vision is aligned with Selangor’s commitment to continuing our path in maintaining world-class infrastructure and a globally-competent talent pool from over 150 universities across the state.

In my second term, I made a commitment that Selangor will aim to offer 100,000 quality, high-paying jobs, especially to our young people. And I’m glad to share that we are well on our way to achieving that. Welcome to Selangor – and thank you for choosing Shah Alam. Together, I believe the success of BAADER and Selangor will be even sweeter for the benefit of all Selangorians.” YAB Dato’ Seri Amirudin Shari, Chief Minister of Selangor.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, emphasised, “BAADER’s advanced food processing technologies play a vital role in strengthening the stability and efficiency of the food supply chain. By enhancing processing capabilities, minimising waste, and optimising resource utilisation, BAADER’s innovations are instrumental in supporting the sustainable production needed to feed a growing global population. This event marks an important step in our continued efforts to strengthen Malaysia’s position as a regional hub for advanced manufacturing and food processing technology.”

“This facility represents more than a new production site – it is a long-term commitment to the region,” said Honorary Consul Ms. Petra Baader. “Our goal is to support local and regional partners in meeting rising demand for safe, nutritious, and sustainable proteins through cutting-edge processing and digital solutions.”

BAADER Food Systems Asia will serve as a dual-purpose production and innovation hub, enabling the development and deployment of tailored solutions for the diverse needs of the Asian poultry and fish processing industries. This new establishment perfectly complements BAADER’s longstanding presence in Singapore and Beijing, further solidifying its extensive global network.

BAADER’s enhanced operational capacity in Malaysia not only strengthens its ability to provide localised support to its clientele but also underscores the company’s continuous investment in building resilient supply chains, fostering technological innovation, and nurturing mutually beneficial partnerships across the entire Southeast Asian landscape.

– END –

About BAADER Food Systems Asia Sdn. Bhd.
With over 100 years of innovation, BAADER is a global leader in food processing solutions. Beyond fish and poultry, we revolutionize the industry through digitalization and data analytics. Operating in over 100 countries with a dedicated workforce of 1,600 professionals, we are committed to providing solutions that prioritize quality, efficiency, traceability, profitability, and sustainability. We value the animal as a resource. Driving innovations for a century, committed for a lifetime – BAADER.

More details on BAADER can be found at www.baader.com.

For media enquiries, please contact:

MIDA
Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division
Email: [email protected]
DL: +603 2267 6769

BAADER Food Systems Asia Sdn. Bhd.
Mr. Cheou Wan Kwai
Managing Director
Email: [email protected]
Contact: +603-5131 3121

BAADER Opens New Production Facility In Malaysia, Strengthening Regional Presence And Innovation

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KUALA LUMPUR, MALAYSIA, 27 MAY 2025 –ACWA Power, the world’s largest private water desalination company, a leader in energy transition and first mover into green hydrogen, today announced comprehensive partnerships with Malaysian government agencies and key entities at the sidelines of the ASEAN-GCC Summit. The centrepiece agreement, a Memorandum of Understanding (MOU) with Malaysian Investment Development Authority (MIDA), will facilitate strategic investment projects in clean energy infrastructure across Malaysia, targeting 12.5 GW of capacity by 2040 with an estimated investment value of USD10 billion.

The collaboration includes additional strategic agreements with TNB Power Generation Sdn. Bhd., UEM Lestra Berhad, and Terengganu Incorporated Sdn. Bhd., creating a powerful alliance that combines Malaysia’s innovative ecosystem with Saudi Arabia’s energy transition expertise. The partnership focuses on advancing renewable energy, green hydrogen, and advanced water solutions, aligning with both Malaysia’s National Energy Transition Roadmap (NETR) and Saudi Vision 2030’s climate leadership objectives.

The MOU exchange was witnessed by YAB Datuk Seri Haji Fadillah bin Haji Yusof Malaysia’s Deputy Prime Minister II and the Minister of Energy Transition and Water Transformation; YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Malaysia’s Minister of Investment, Trade & Industry (MITI), Mr. Abdullah Bin Zarah, Saudi Arabia’s Deputy Minister for Economic and Development Affairs; and Ms Sara Al-Sayed, Saudi Arabia’s Deputy Minister of International Relations at the Saudi Ministry of Investment.

Minister of MITI, Tengku Zafrul said “We welcome this USD10-billion collaboration between MIDA and ACWA Power Company which supports the objectives of our New Industrial Master Plan 2030 and National Energy Transition Roadmap, as Malaysia charts its way to achieving energy security and energy transition, especially for its industries, as well as the country’s Net Zero goal by 2050.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, shared his vision for the project, “This partnership marks a defining moment in Malaysia’s green energy journey, positioning us as Southeast Asia’s premier destination for sustainable investments. With ACWA Power’s global expertise and our National Energy Transition Roadmap as our compass, we’re not just attracting investments – we’re architecting Malaysia’s future as a clean energy powerhouse.”

“Through this collaboration, we’re demonstrating how international partnerships, such as the one with ACWA Power, can fast-track our transition to a low-carbon economy while creating high-skilled jobs and driving technological innovation in Malaysia’s renewable energy sector,” he added.

Marco Arcelli, Chief Executive Officer of ACWA Power, said, “This strategic agreement with MIDA, represent a significant milestone in ACWA Power’s expansion in Southeast Asia and reflects our commitment in supporting Malaysia and the broader ASEAN region’s energy transition towards a sustainable and low-carbon future. By combining our global expertise in renewables, desalination, and green hydrogen with the local knowledge of our Malaysian partners, we are not only accelerating the deployment of clean energy solutions but also fostering technology transfer, job creation, and long-term economic growth and social well-being of the local community.”

Malaysia’s supportive green technology incentives, namely the Green Investment Tax Allowance (GITA) are structured through a tiered and outcome-based approach, to cater to the needs of green industries such as solar and green hydrogen.

MIDA will facilitate ACWA Power’s proposed investments to ensure alignment with the New Investment Policy and energy transition goals, working closely with the Ministry of Energy Transition and Water Transformation (PETRA) and the Energy Commission (EC).

In 2024, Malaysia marked a significant milestone with RM20.8 billion in approved green investments, spanning seven (7) levers across the manufacturing and services sectors. These investments, comprising 943 projects, are projected to create 8,413 new jobs, with green mobility, circular economy and renewable energy among the leading sectors.

ACWA Power brings significant expertise to these projects, leveraging its global projects value portfolio of USD107.5 billion across 14 countries. This expansion marks a significant milestone in the company’s commitment to driving energy transition through strategic partnerships and innovative technology.

Front row (L-R): Mr. Mohammad Abunayyan, Chairman of ACWA Power Company, and Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA.
Back row (L-R): Mr Abdullah bin Zarah, Saudi Arabia’s Deputy Minister for Economic and Development Affairs; Ms Sara Al-Sayed, Saudi Arabia’s Deputy Minister of International Relations at the Saudi Ministry of Investment; Malaysia’s Deputy Prime Minister II and Minister of Energy Transition and Water Transformation, YAB Datuk Seri Haji Fadillah bin Haji Yusof; and YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Malaysia’s Minister of Investment, Trade & Industry.

**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.

About ACWA Power
ACWA Power (TADAWUL:2082) is a Saudi-listed company and the world’s largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition. Registered and established in 2004 in Riyadh, Saudi Arabia, ACWA Power employs over 4,000 people and is currently present in 14 countries in the ththe Middle East, Africa, Central Asia, and Southeast Asia. ACWA Power’s portfolio comprises 101 projects in operation, advanced development, or under construction with an investment value of SAR 381 billion (USD 107.5 billion) and the capacity to generate 78.85GW of power and manage 9.5 million m3/day of desalinated water per day. This energy and water are delivered on a bulk basis to address the needs of state utilities and industries on long-term, off-taker contracts under utility services outsourcing and public-private partnership models.

Learn more: www.acwapower.com

For more information, please contact:

MIDA
Ms. Lim Ming Yee
Director, Foreign Investment Division
DL: +03-22673762
Email: [email protected]

ACWA Power
Mohammed Al Hasan
Media Lead – Media Affairs & External Comms
[email protected]

Yahya Hamidaddin
Executive Director – Media Affairs & External Comms
[email protected]

Powering A Greener Future: MIDA and ACWA Power Launch USD10 Billion Partnership

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Selangor, Malaysia, 22 May 2025 – Neways, the global innovator in mission-critical technology for semicon, defense & mobility, and connectivity sectors, is proud to announce the grand-opening of a new state-of-the-art manufacturing facility in Selangor, Malaysia. This strategic expansion reaffirms Neways’ commitment to its growth strategy representing a significant investment in the country’s high-tech sector, positions Neways to meet growing regional demand while enhancing its global manufacturing footprint.

Malaysia’s unique position in the heart of Asia and its prominence in the semiconductor manufacturing sector make it an ideal location for Neways to establish its new manufacturing facility. The company is excited to leverage Malaysia’s strategic advantages to better serve its customers in the region and beyond.

The advanced facility specialises in high-level semiconductor assemblies, with industry leader ASML as the launching customer in presence of many of our esteemed customers such as, ASMi, Besi, VDL, Frencken, KMWE, Thermo Fisher, VAT Group, Rimac Technologies and many other.

YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), and Ms. Eva Oskam, Deputy Ambassador of the Kingdom of the Netherlands to Malaysia, officiated the landmark opening.

YB Liew Chin Tong, Deputy Minister of MITI expressed, “I am pleased to welcome Neways Electronics to Malaysia. This investment is a strong vote of confidence in Malaysia’s position as a leading destination for advanced electronics and semiconductor-related industries. Neways’ presence will enhance our capabilities in high-precision electronics and contribute to the growth of our semiconductor ecosystem. This investment also signals the positive momentum created by the National Semiconductor Strategy (NSS), which aims to build a resilient semiconductor landscape. MITI, through its agencies, remains committed to facilitating quality investments that create skilled jobs, enable technology transfer, and deepen local industry linkages. We are confident that Malaysia will serve as a strong regional base for Neways’ long-term growth in Asia.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said, “Neways’ investment strengthens Malaysia’s position in high-tech, high-reliability electronics manufacturing segments that support critical industries such as medical, industrial automation, and automotive. This facility opens new doors for local vendors to participate in global value chains. MIDA’s role in facilitating this investment showcases our commitment to attracting and nurturing investments that align with Malaysia’s economic transformation agenda. Through comprehensive support mechanisms and strategic facilitation, we have demonstrated Malaysia’s readiness to host complex, technology-intensive operations.”

Invest Selangor congratulates Neways on the opening of their new manufacturing plant in Selangor, their first in Southeast Asia region,” said Dato’ Hasan Azhari Hj. Idris, CEO of Invest Selangor. “We are honoured to have played an important role in facilitating their establishment in Selangor. Neways was the first participant in our Selangor Soft Landing programme, the latest state pre-investment initiative that offers new investors like Neways a range of valuable assistance and benefits even before they identify their investment site in Selangor. These include temporary co-working space, corporate hotel rates and personalised assistance in their business setup process. Moving forward, Neways can count on us should they require further assistance from the state government of Selangor. We thank Neways for their confidence in choosing Selangor as their significant home in the region and we wish them continued and substantial success in the years to come.”

This strategic move underscores Neways’ dedication to meeting the evolving needs of its customers and enhancing operational efficiency. The new facility is based in Selangor with production starting as of now. The company aims to achieve substantial growth, with plans to expand its workforce to over 200 employees. From here, continue to scale up and increase volume, employees and expand the customer portfolio. The company is very proud of its state-of-the-art facility with which it will once again set the tone in leading electronics position in semiconductor.

Hans Büthker, CEO of Neways, commented, “We are proud to open our new manufacturing facility in Selangor, Malaysia. This strategic move is a testament to our growth commitment in providing exceptional products and services to our valued customers as ASML and more. The inauguration of our new facility not only fortifies our global manufacturing footprint but also propels our ambitious expansion plans in the region.”

-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). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

About Invest Selangor Berhad
Invest Selangor Berhad is the state government agency responsible for promoting and facilitating investment in Selangor, Malaysia. With its commitment to providing investors with the ease of doing business, Invest Selangor ensures investors have a hassle-free investment journey. The agency offers a comprehensive suite of services, including site selection assistance, investment facilitation, and aftercare services. Invest Selangor is dedicated to providing investors with a conducive business environment, which includes streamlined procedures, efficient services, and access to industry insights and networks. This commitment to investor ease of mind has made Selangor an attractive investment destination for local and foreign investors. With Invest Selangor’s support, investors can focus on their business operations and leave the administrative matters to the agency, giving them the peace of mind they need to grow their investments in Selangor. For Selangor investment enquiries, please visit www.investselangor.my

About Neways
Neways provides global innovation in mission-critical electronics for semicon solutions, defense & mobility, and connectivity customers. With over 50 years of experience and a strong in-house engineering capability, we are proud to be the technological innovation partner for the most demanding customers in the industry.

Neways develops and manufactures highly complex electronics, ranging from advanced modules and assemblies to highly specialized cables & wiring, and cutting-edge microelectronics solutions. Our team of over 2,500 specialists across various countries enables innovative solutions for microchip production, advanced defense technologies, electric vehicle charging, electric drivetrains, the digitization of healthcare solutions, and much more.

For more information, please contact:

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

Invest Selangor Berhad
Nur Azyyana Abu Bakar
Senior Manager, Strategic Planning & Communication Division
[email protected]

Maryani Mat Saad
Senior Executive, Strategic Planning & Communication Division
[email protected]

Neway
Freek Deelen, Director Strategy & Communications Neways
[email protected]
+31 653 986 914

Neways Electronics Celebrates Grand Opening of New Manufacturing Facility in Malaysia

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MIDA Drives High-Impact Investments and Innovation to Futureproof Malaysia’s Strategic Aerospace and Maritime Industries Amid Global Economic Uncertainties.

Langkawi, 21 May 2025 – As global supply chains face ongoing disruptions and the race for technological leadership intensifies, Malaysia is doubling down efforts on its strategic industries to secure long-term economic resilience and regional influence. The Malaysian Investment Development Authority (MIDA) has reaffirmed the nation’s commitment to accelerating growth in Aerospace and the Shipbuilding and Ship Repair (SBSR) sectors — key pillars of the New Industrial Master Plan (NIMP) 2030 aimed at transforming Malaysia into a future-ready, innovation-driven economy.

Malaysia is leveraging its strategic location and skilled workforce to become a preferred hub for advanced aerospace and maritime industries. MIDA is actively supporting investors to pioneer sustainable technologies, strengthen supply chains, and build industrial ecosystems that withstand global headwinds.

Aerospace: Accelerating Towards Regional Leadership

MIDA also aims to elevate Malaysia’s status as a regional aerospace hub, particularly in Maintenance, Repair and Overhaul (MRO), manufacturing, and engineering services. With the global aerospace value chain shifting towards Asia, Malaysia is seizing the opportunity to enhance its competitiveness and capabilities.

Malaysia’s aerospace ambitions gained significant momentum in 2024, with nine approved projects valued at RM1.4 billion – 71% from international investors. This achievement underscores growing global confidence in Malaysia’s comprehensive aerospace ecosystem, particularly in MRO, manufacturing and engineering services.

Underscoring the importance of both aerospace and SBSR to Malaysia’s industrial trajectory, YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), stated, “Malaysia’s aerospace and maritime sectors are pivotal to our industrial transformation. Through the New Industrial Master Plan 2030, we are introducing forward-looking policies that support technology adoption, strengthen local supply chains, and promote sustainability across strategic industries. Our role as policymakers is to create the right enabling environment — one that encourages collaboration, drives competitiveness, and positions Malaysia as a regional leader.”

Pioneering Maritime Growth through Collaboration and Sustainability

Strategic Forum on Maritime Collaboration: MIGHT x MIDA

In collaboration with the Malaysian Industry-Government Group for High Technology (MIGHT), MIDA co-organise an open forum titled “Navigating the Future: Innovation, Collaboration, and Sustainable Growth in the SBSR Industry”. The forum focused on accelerating transformation across the maritime industry through:

The adoption of advanced technologies in shipbuilding and repair;
Public-private partnerships to enhance industrial resilience; and
Sustainable practices to ensure long-term sectoral growth.

By facilitating this open forum, MIDA and MIGHT aim to support Malaysia’s SBSR sector in embracing transformation and futureproofing against global headwinds. MIDA was represented by Puan Habibah Enok, Director of the Oil and Gas, Maritime and Logistics Services (OGML) Division.

Malaysia’s SBSR sector continues to gain traction, with five (5) approved investments projects recorded in 2024, valued at RM50.4 million. These investments span vessel construction, repair facilities, and support services, further enhancing Malaysia’s maritime competitiveness and capabilities.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, stated, “Malaysia’s aerospace and SBSR sectors continue to attract strong interest from investors due to their depth, agility, and growth potential. At MIDA, we are focused on translating this momentum into meaningful impact by enhancing ecosystem readiness — from infrastructure and talent to supply chain integration. These sectors are not only vital to our economic diversification but are also gateways to greater global engagement.”

As Malaysia advances its industrial agenda, MIDA continues to lead national efforts to:

Attract high-impact investments;
Foster industrial partnerships; and
Position Malaysia as a resilient, innovation-driven economy.

MIDA’s engagements this year include targeted investor briefings and ecosystem development initiatives to unlock new opportunities in high-growth sectors.

With NIMP 2030 as the guiding framework, Malaysia’s commitment is clear: to futureproof its economy, empower its industries, and lead the region through innovation and collaboration.

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

-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). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

For more information, please contact:

MIDA

Ms. Habibah Binti Enok
Director, Oil and Gas, Maritime and Logistics Services (OGML), MIDA
Email: [email protected] | DL: +603-2267 3539

Ms. Noor Suziyanti Binti Saad
Director, Transportation Technology Division, MIDA
Email: [email protected] | DL: +603-22673575

Appendix: Industry Partner Quotes

Safran Landing Systems
Mr. Renaud Duval, Managing Director, Wheels and Brakes Division
Safran Landing Systems Malaysia Sdn. Bhd.
“Malaysia has proven to be a strategic base for Safran’s aerospace activities in the region. We are encouraged by the strong support from local stakeholders and the availability of skilled talent. As demand continues to grow across Asia, Safran is committed to expanding our operations and deepening our collaboration within Malaysia’s aerospace ecosystem.”

Muhibbah Engineering (M) Bhd.
Mr. Mac Ngan Boon, Group Managing Director, Muhibbah Engineering (M) Bhd.
“Malaysia’s SBSR sector is entering an exciting era of innovation and strategic relevance. At Muhibbah Engineering, we are proud to support the nation’s efforts by delivering advanced maritime infrastructure and engineering excellence. With MIDA’s continued support, we believe Malaysia can evolve into a regional leader in shipbuilding and marine solutions.”

Malaysia Accelerates Aerospace and Maritime Growth to Secure Future Economic Resilience

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Kuala Lumpur, Malaysia and Singapore, 21 May 2025 – Malaysia reaffirmed its position as a leading player in the global semiconductor industry at SEMICON Southeast Asia (SEA) 2025, held from 20 to 22 May 2025 at the Sands Expo and Convention Centre, Singapore, under the theme “Stronger Together – Collaborating to Navigate Uncertainties and Fostering Resilience”. The Malaysian Investment Development Authority (MIDA) introduced two strategic programmes designed to accelerate industry growth and foster international partnerships.

MIDA’s Supply Chain Programme and Handshake Session emerged as cornerstone events, including participation from industry giants such as MICRON, ASML and Ferrotec. These sessions created direct pathways for Malaysian suppliers to integrate into global supply chains. The programmes specifically targeted high-value semiconductor activities, positioning Malaysia as a key player in the international market.

Investment numbers tell a compelling story of industry confidence. Malaysia secured RM120.5 billion in manufacturing investments in 2024, with RM55.8 billion dedicated to the E&E sector. These investments are set to create 88,000 new high-skilled jobs, signalling robust growth in the technology sector.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, emphasised, “Our success in attracting investments demonstrates global confidence in Malaysia’s semiconductor ecosystem. This isn’t just about numbers – it’s about building a sustainable future. Our National Semiconductor Strategy (NSS) is transforming Malaysia into a comprehensive semiconductor hub, from design and manufacturing to testing and packaging. We’re seeing interest from global players who recognise our unique value proposition: a skilled workforce, robust infrastructure, and unwavering government support. Most importantly, we’re creating an ecosystem where both multinational corporations and local suppliers can thrive together, fostering innovation and technological advancement. The MIDA Supply Chain Programme and Handshake Session are prime examples of how we’re facilitating meaningful connections and driving industry growth.”

Industry giants shared insights during the Supply Chain Programme, offering Malaysian participants valuable knowledge about global standards and integration opportunities. The Handshake Session facilitated direct discussions between international leaders and local stakeholders.

Ms. Linda Tan, President of SEMI Southeast Asia said, “SEMICON Southeast Asia highlights Malaysia’s growing role in the global semiconductor supply chain. It brings together industry leaders, drives collaboration, and sparks important conversations on innovation, sustainability, and talent. With strong support from MIDA, Malaysia continues to strengthen its position as a top investment destination. We’re also excited to return to Kuala Lumpur in May 2026 which is a clear signal of the country’s leadership in the regional semiconductor ecosystem.”

Amarjit Sandhu, Corporate Vice President, Assembly and Test NAND Operations, Micron Technology said: “At Micron, we believe that our worldwide supply chain begins with strong partnerships. Our collaboration with Malaysian Government and suppliers not only enhances operational excellence but also contributes to long-term economic empowerment. By fostering innovation in the local ecosystem, we are proud to support Malaysia’s vision of becoming a global semiconductor hub.”

“Ferrotec is proud to be part of Malaysia’s dynamic semiconductor ecosystem. Our journey as a strategic supplier to leading global players has been strengthened by the country’s robust infrastructure, skilled workforce, and strong policy support. Platforms like MIDA’s Supply Chain Programme are instrumental in bridging global expectations with local capabilities. We look forward to deepening our partnerships in Malaysia and playing a role in advancing the region’s position in the global value chain. With continued collaboration, we believe Malaysia will emerge as a key innovation and manufacturing hub for the semiconductor industry in Asia,” said Mr. Soo Kim Fatt, Director, PR and Strategic Planning from Ferrotec Power Semiconductor Malaysia Sdn. Bhd.

Eduard Stiphout, ASML SVP Strategic Sourcing & Procurement commented “We are working with our suppliers and governmental partners to strengthen our presence in South East Asia. Our common objective is to enhance the capability of the South East Asia supply chain, supporting growth and value to ASML’s customers”.

These engagements are part of a broader national push under the NSS — Malaysia’s strategic roadmap to advance critical segments of the semiconductor value chain, including chip design, wafer fabrication, advanced packaging and speciality chemicals. As a future-ready policy framework, the NSS reflects Malaysia’s ambition to transition from a traditional manufacturing base into a regional hub for innovation, co-creation, and semiconductor excellence.

-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 today 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 and Facebook, LinkedIn, TikTok and YouTube channel.

For more information, please contact:

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

Malaysia Seeks Global Investors to Advance Its Semiconductor Value Chain at SEMICON SEA 2025

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Supply Chain Program Unites 35 Global Suppliers, Accelerates Malaysia’s Automotive Development

Kuala Lumpur, 19 May 2025 – The Malaysian Investment Development Authority (MIDA) and Chery Corporate Malaysia Sdn. Bhd. launched the Chery Premier Supply Chain Synergy Programme, marking a transformative milestone for Malaysia’s automotive industry. The strategic initiative, held last Friday, hosted at MIDA’s headquarters and supported by the Ministry of Investment, Trade and Industry (MITI) and the Malaysia Automotive Robotics & IoT Institute (MARii), brought together 12 leading Chery Technology suppliers from China and 23 Malaysian suppliers, creating a powerful platform for collaboration and growth.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Office of MIDA, highlighted the significance of the Chery Premier Supply Chain Synergy Programme in realising Malaysia’s National Automotive Policy (NAP) 2020, “This inaugural programme directly supports our commitment to fostering collaboration between Malaysian vendors and Chery China. We aim to unlock mutually beneficial opportunities that drive growth and innovation, aligning perfectly with NAP 2020’s objectives of promoting local vendor development, supporting next-generation vehicles (NxGV), and incorporating Industry 4.0 practices. By fostering these vital links, we envision a future rich with technology transfer, streamlined supply chains, and enhanced industrial capabilities, ultimately benefiting both Malaysia and Chery.”

Mr. Leo Chen, Executive Vice President of Chery Corporate Malaysia, said, “This collaboration reflects Chery’s commitment to championing localisation and fortifying our supply chain ecosystem in Malaysia. As part of Chery’s broader strategy to deepen our roots in this market and lead the advancement of a modern, inclusive automotive industry, we are proud to work hand in hand with local suppliers to foster sustainable growth and resilience. By creating a dynamic platform for cross-border synergy, we aim to ensure that suppliers from both Malaysia and China benefit mutually through the strategic exchange of knowledge and technology in automotive engineering and advanced manufacturing. This initiative represents our long-term vision to build an integrated, future-ready supply chain that drives mutual advancement and strengthens Malaysia’s position as a competitive and innovative automotive hub in the region.”

A highlight of the programme was Chery’s presentation of their upcoming Chery Smart Auto Industrial Park in the Beringin High-Tech Auto Valley. This ambitious project is set to become Chery’s manufacturing cornerstone in the region, representing a significant step in Malaysia’s automotive evolution.

The event culminated in the signing of four (4) strategic Memoranda of Understanding (MoUs):

Wuhu Atech Automotive Electronics Co., Ltd and Multi-Code Electronics Industries (M) Bhd.
Cheling Smart Mobility Technology (Wuhu) Co., Ltd and Multi-Code Electronics Industries (M) Bhd.
Zhejiang Wanliyang Co., Ltd and Chery Corporate Malaysia Sdn. Bhd.
Wuhu Qida Power Battery System Co., Ltd and Chery Corporate Malaysia Sdn. Bhd.

These partnerships focus on automotive components, technology transfer, and joint investments, strengthening Malaysia’s position in the global automotive supply chain.

The supply chain initiative addresses the growing demand for electrification and smart mobility solutions, positioning Malaysia at the forefront of automotive innovation.

– End –

About Chery Corporate Malaysia Sdn. Bhd.
Chery Malaysia is part of Chery Automobile Co., Ltd., a subsidiary of Chery Group, a leading Chinese automobile manufacturer headquartered in Wuhu, China. Established in 1997, Chery has been a key player in the automotive industry, renowned for its diverse lineup of passenger cars, SUVs, and electric vehicles. Chery has earned a prominent position in both domestic and international markets, exporting vehicles to over 80 countries worldwide, including Malaysia. For 22 consecutive years, Chery has been the No.1 brand in China for vehicle exports. For more information, visit www.chery.my and follow us at Chery Malaysia Facebook www.facebook.com/cherymalaysiaofficial.

For media enquiries, please contact:

MIDA
Ms. Noor Suziyanti Saad
Director, Transportation Technology Division
Email: [email protected]
DL: +603 22673575

CHERY MALAYSIA
Ms. Christiana Low
PR & Communications, Chery
Email: [email protected]

MIDA and Chery Forge Strategic Automotive Alliance, Marking A New Era in Malaysia’s Automotive Sector

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