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• In 2024, Malaysia attracted RM378.5 billion of approved investments in services (RM252.7 billion), manufacturing (RM120.5 billion), and primary (RM5.3 billion) sectors. This is a 14.9% increase as compared to RM329.5 billion approved investments in 2023.
• Domestic Investments (DI) accounted for a substantial 55.0% or RM208.1 billion of the total approved investments, while Foreign Investments (FI)* contributed 45.0% or RM170.4 billion.
• Leading these approvals, the services sector commands a significant share of RM252.7 billion or 66.8% of the total approved investments. This is a 50.1% increase as compared to RM168.4 billion approved investments last year.
• Manufacturing sector recorded RM120.5 billion,represented 31.8% of the total approved investments, while the primary sector accounted for RM5.3 billion of the total approved investments.
• Top five (5) sources of FI* was led by The United States of America (USA) (RM32.8 billion), Germany (RM32.2 billion), The People’s Republic of China (PRC)(RM28.2 billion), Singapore (RM27.3 billion) and Hong Kong SAR (RM7.4 billion).
• Five (5) states that have recorded highest approved investments include Selangor (RM101.1 billion), Wilayah Persekutuan Kuala Lumpur (RM91.5 billion), Johor (RM48.5 billion), Kedah (RM45.8 billion) and Pulau Pinang (RM32.0 billion).
• With an impressive number of 6,700 projects approved, 207,241 new jobs will be generatedin the country. Both approval of projects and creation of new jobs increase y-o-y by 31.3% and 62.8%, respectively.

Kuala Lumpur, 25 February 2025 – Malaysia recorded a commendable milestone with RM378.5 billion in approved investments in 2024, the highest in the nation’s history, and marking a 14.9% year-on-year growth. Spanning 6,700 projects across key sectors, these investments will create more than 207,000 new jobs, reinforcing Malaysia’s position as a premier investment destination.

Despite ongoing global economic challenges, Malaysia continues to attract sizable investments, with domestic investments (DI) accounting for RM208.1 billion (55.0%) and foreign investments (FI)* contributing RM170.4 billion (45.0%). This strong performance underscores the nation’s economic resilience and ability to grow investor confidence.

Foreign investor confidence in Malaysia remains exceptionally strong, with strategic investments coming from five key nations. The United States of America leads the way with RM32.8 billion, followed by Germany (RM32.2 billion), The People’s Republic of China (RM28.2 billion), Singapore (RM27.3 billion) and Hong Kong SAR (RM7.4 billion).

YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade, and Industry (MITI), stated, “Despite global challenges, Malaysia has achieved a record high of RM378.5 billion in approved investments, the highest figure in our nation’s history. More important than these numbers is our focused execution of these approved investments to create over 207,000 better paying jobs for Malaysians, and generate real opportunities for businesses, particularly our SMEs. Each ringgit invested in innovative, sustainable and high-value industries creates a multiplier effect that strengthens our economy. MITI and MIDA remain committed to facilitating such investments, while also taking steps to enhance the resilience of our supply chains and industrial ecosystem.”

Strong Investment Momentum Across Key States

Selangor led as the top investment destination with RM101.1 billion in approved investments, followed by Wilayah Persekutuan Kuala Lumpur (RM91.5 billion), Johor (RM48.5 billion), Kedah (RM45.8 billion) and Pulau Pinang (RM32.0 billion). Together, these five states attracted RM318.9 billion, accounting for 84.3% of the total approved investments in 2024.

In addition to these leading states, transformative investment projects are also taking place across Malaysia, particularly in high-impact industries. Notable projects include the RM739.3 million E Concern (Borneo)’s Scheduled Waste Management Hub in Sabah and OCI TerraSus’ RM799.8 million expansion in Sarawak for its Caustic Soda production facility, both of which will contribute to Malaysia’s sustainable industrial development.

SERVICES SECTOR LEADS WITH RM252.7 BILLION IN APPROVED INVESTMENTS

The services sector continues to be a key driver of Malaysia’s economic expansion, securing RM252.7 billion in approved investments, which accounts for 66.8% of total approvals. These investments are set to generate 119,083 new jobs, further reinforcing the sector’s leading role as the backbone of Malaysia’s economy.

A significant portion of the services sector’s investment comes from domestic sources, amounting to RM171.1 billion or 67.9%, with foreign investment contributing the remaining 32.1% or RM81.0 billion. This mix underscores the sector’s appeal to both local and international investors.

Digital Transformation and Technology Investments Lead the Way

The information and communication ¹sub-sector spearheaded the sector’s growth, attracting RM136.0 billion, which represents 53.8% of total service sector investments. These investments reflect the country’s rapid adoption of digital technologies across industries such as agriculture, healthcare, finance, tourism, and Islamic Digital Economy.

Major projects driving this success include:

1. STT GDC Malaysia 2 Sdn. Bhd.
   Locations: Johor
   Overview: A global leader in data center solutions, STT GDC is expanding its presence in Malaysia to meet the rising demand for digital infrastructure. This investment reinforces Malaysia’s position as a high-value technology investment hub and supports the nation’s digital economy agenda.

The services sector’s comprehensive growth is further evidenced by strong performance across multiple segment of sub-sectors:

• Real Estate: RM64.5 billion
• Support Services²: RM12.9 billion
• Utilities³: RM11.1 billion
• Transport Services⁴: RM8.5 billion

Sustainability and Green Investment Take Center Stage

Malaysia remains at the forefront of sustainable industrial development, with green technology integration playing a pivotal role in shaping the nation’s future.

One such initiative is NUR Renewables’ RM250.0 million solar farm in Kulim, which merges clean energy solutions with Industry 4.0 technology. This project sets new benchmarks for sustainable industrial practices by incorporating advanced digital systems to optimise energy efficiency and enhance renewable energy adoption.

Further strengthening Malaysia’s logistics and supply chain ecosystem, Singapore-based YCH Group is investing RM500.0 million in Supply Chain City Malaysia in Bukit Raja, Selangor. This strategic development leverages Malaysia’s robust infrastructure and prime location to enhance the nation’s standing as a regional logistics powerhouse.

The Malaysian Government’s commitment to green growth is evident through progressive policies, including:

• The Sustainable Development of Data Centre Guidelines, ensuring environmentally responsible expansion in the digital sector.
• The Green Investment Strategy (GIS), aimed at attracting and facilitating investments in sustainable industries.
• The Corporate Renewable Energy Supply Scheme (CRESS), designed to accelerate renewable energy adoption and position Malaysia as a leader in the global green economy.

With these bold and forward-thinking initiatives, Malaysia is well-positioned to capitalise on emerging opportunities in the green economy while fostering long-term economic resilience and environmental sustainability.

MANUFACTURING SECTOR SECURES RM120.5 BILLION

Beyond the services sector, Malaysia’s manufacturing sector continues to demonstrate strength and resilience, securing RM120.5 billion in approved investments, accounting for 31.8% of total approved investments in 2024. These investments are spread across 1,108 projects and are set to generate close to 88,000 new jobs, of which 82.2% (72,116 jobs) are specifically for Malaysians.

Foreign investments (FI) were the dominant contributor, totaling RM88.9 billion (73.8%), while domestic investments (DI) remained substantial at RM31.6 billion (26.2%). This strong inflow of foreign capital underscores Malaysia’s appeal as a premier global manufacturing hub.

Encouragingly, 41.6% of new jobs created fall into high-value roles, covering management, technical, and skilled talent positions—directly supporting the goals of the New Industrial Master Plan (NIMP) 2030, which aims to develop a highly skilled workforce for Malaysia’s evolving industrial landscape.

Electrical and Electronics (E&E) Industry Spearheads Manufacturing Growth

The E&E industry, a cornerstone of Malaysia’s manufacturing prowess, secured the lion’s share of investments with RM55.8 billion, representing 46.3% of the sector’s total, affirming Malaysia’s role in the global technology supply chain. The growing demand for electronics is fueled by Industry 4.0, which integrates digital technologies into industries, and a focus on sustainability, exemplified by the advancements in artificial intelligence (AI), big data, cloud computing, e-commerce, e-mobility, green technology, and financial technology (Fintech).

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

a) Transport Equipment – RM15.8 billion

b) Chemicals and Chemical Products – RM10.6 billion

c) Machinery and Equipment (M&E) – RM10.6 billion

d) Food Manufacturing – RM6.1 billion

The strategic expansion of Malaysia’s semiconductor ecosystem, renewable energy-driven manufacturing, and high-tech industrial production underscores the nation’s commitment to developing an innovation-driven, sustainable, and globally competitive industrial base.

Key High-Impact Manufacturing Investments

Several multinational corporations are making significant investments in Malaysia’s high-tech and high-impact industries, further enhancing the country’s manufacturing landscape:

1. EVE Energy Malaysia Sdn. Bhd.
   Investment: RM6.8 billion
   Industry: Lithium Battery Manufacturing
   Overview: China-based EVE Energy Co., Ltd. is expanding its cylindrical battery production base in Malaysia to support the EV industry, power tools, and the broader Southeast Asian market. This project is a crucial step in strengthening Malaysia’s EV supply chain.
   
2. MKS Instruments Malaysia Sdn. Bhd.
   Investment: RM2.2 billion
   Industry: Semiconductor and Industrial Applications
   Overview: A subsidiary of MKS Instruments Inc., this supercenter factory in Penang will support global wafer fabrication equipment production. The facility integrates advanced automation and sustainable technology solutions to enhance semiconductor manufacturing while reducing environmental impact.
   
3. F&N Agrivalley
   Investment: RM1.7 billion
   Industry: Food and Dairy Manufacturing
   Overview: Fraser & Neave Holdings Bhd (F&NHB) is making a major move into the upstream fresh milk business with an integrated dairy farm in Gemas, Negeri Sembilan. This project marks a significant step toward establishing F&NHB as one of Malaysia’s largest milk producers.
   
4. Chery Corporate Malaysia Sdn. Bhd. 
   Investment: RM1.4 billion
   Industry: Energy-Efficient and Electric Vehicles (EEVs)
   Overview: China-based Chery has established an assembly plant in Shah Alam, Selangor, aimed at producing energy-efficient and electric passenger vehicles. This initiative is expected to drive innovation in the EV industry and generate substantial spillover effects within the local supply chain.
   
5. Plexus Manufacturing Sdn. Bhd 
   Investment: RM1.04 billion
   Industry: Semiconductor and Healthcare Technology
   Overview: This sixth manufacturing facility in Penang will support the company’s Semiconductor Capital Equipment and Healthcare & Life Sciences operations. It aligns with the NIMP 2030’s vision and is expected to create 1,800 high-skilled jobs.
   
6. Dominant Opto Technologies Sdn. Bhd.
   Investment: RM1.0 billion
   Industry: Automotive LED Manufacturing
   Overview: A leading automotive Surface Mount Technology (SMT) LED manufacturer, Dominant Opto Technologies is making significant contributions to the global automotive sector. The company employs energy-efficient manufacturing processes and develops eco-friendly LEDs to reduce carbon emissions in automotive lighting solutions.

PRIMARY SECTOR DEMONSTRATES OPPORTUNITY

The primary sector registered approved investments of RM5.3 billion, constituting 1.4% of the total approvals. Driven by 67 projects, it anticipates creating 463 new jobs, with a focus on mining (RM4.5 billion), agriculture (RM766.8 million) and plantation and commodities (RM71.6 million).

Continued Focus on Quality and Sustainable Investments Attraction

Malaysia’s investment landscape continues to shine with strong investment pipelines and high-potential projects, reinforcing its position as a top investment destination. As of 31 January 2025, MIDA is overseeing a robust pipeline of 1,049 projects with proposed investments totaling RM58.8 billion.

●       The services sector leads with 995 projects valued at RM31.8 billion.

●       The manufacturing sector follows closely, with 54 projects worth RM27.0 billion.

Additionally, RM63.5 billion in high-potential investment leads are currently being actively negotiated by MIDA, reflecting strong investor confidence in Malaysia’s economic fundamentals.

Implementation of Approved Manufacturing Projects

Malaysia’s success in attracting investments is not just about approvals but also effective implementation. Strategic initiatives such as the National Investment Council, the Investment and Trade Coordination Action Committee, and the Invest Malaysia Facilitation Centre have assumed a pivotal role in creating a conducive investment environment.

MITI and MIDA have worked tirelessly to engage stakeholders at both federal and state levels, ensuring the successful facilitation and execution of investment projects.

Between 2021 and December 2024, the National Committee on Investment approved 3,494 manufacturing projects, of which:

• 84.5% (2,950 projects) have reached various implementation stages, ranging from production to factory construction and machinery installation.
• 13.0% are in the planning phase, focusing on site selection and consultations with developers.
• Only 2.5% of projects were abandoned, highlighting Malaysia’s strong project realisation rate.

Annual data shows that:

• More than 90% of approved manufacturing projects in 2021 and 2022 have been implemented.
• While, 88.7% of projects approved in 2023 and 67.8% of projects approved in 2024 have entered implementation phases—a positive trajectory considering that manufacturing projects typically require 18 to 24 months for completion, depending on their complexity.

 Strengthening Malaysia’s Investment Ecosystem

The Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, lauds the achievement of such a significant milestone, stating, “Our focus remains on attracting high-quality, strategic investments that align with national priorities. Through proactive investor engagement, end-to-end support, and fostering strong public-private partnerships, MIDA and MITI continues to drive industrial transformation, accelerate the adoption of advanced technologies, and champion sustainable practices. To remain competitive and resilient, Malaysia must transform the key sectors—particularly manufacturing and services—by moving up the value chain through a whole-of-government approach.”

MIDA continues to drive the country’s investment promotion by centralising investment promotion and marketing efforts across Investment Promotion Agencies (IPAs) and Regional Economic Corridors. This initiative, guided by MITI, enhances Malaysia’s global visibility while eliminating redundancies, improving service efficiency and investors’ confusion.

By streamlining investment efforts and ensuring stronger coordination at regional and national levels, Malaysia aims to further increase implementation rates and create a seamless investment experience for investors. This approach underscores the nation’s dedication to providing investors with a structured, efficient, and high-quality investment ecosystem.

A Future Built on Resilience, Innovation, and Economic Prosperity

Malaysia’s transformative investment journey represents a bold step towards a resilient, innovative, and prosperous future. With a strong policy framework, proactive facilitation, and unwavering investor confidence, Malaysia is poised to strengthen its global standing as a premier investment destination.

*Note: Compilation of foreign investments is based on ultimate investing country.

¹Information and communication comprise of Telecommunications, MSC Status/MD Status and ICT Services
²Support Services comprise of R&D, Logistics Services, Green Technology, Design Services, Professional Services and Other Support Services
³Support Services comprise of R&D, Logistics Services, Green Technology, Design Services, Professional Services and Other Support Services
⁴Transport Services comprise of Maritime, Aviation and Road

***THE END***

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

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

Malaysia Records Historic High RM378.5 Billion in Investments, with 14.9% Y-O-Y Growth, Generating More Than 207,000 Jobs in 2024

MIDA, Perlis State Government, and NCIA Collaborate to Attract Strategic Investments

Kuala Lumpur, 20 February 2025 – Malaysia’s northernmost state Perlis took center stage today as a promising investment destination during the MIDA Invest Series. The Malaysian Investment Development Authority (MIDA), Perlis State Government, and Northern Corridor Implementation Authority (NCIA) jointly hosted the landmark event at MIDA Sentral, drawing 200 attendees from both local and foreign investors, as well as industry players.

The event opened with a welcome address by Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, followed by a keynote speech from YAB Tuan Mohd Shukri Ramli, Chief Minister of Perlis. YB Tuan Liew Chin Tong, Deputy Minister of Investment, Trade, and Industry (MITI), was also present, reaffirming the federal government’s commitment to Perlis’s growth as one of the investment hubs in the Northern region.

The event featured industry leaders, investors, and key stakeholders engaging in discussions on emerging investment trends, infrastructure development, and strategic partnerships that will drive Perlis’s economic transformation.

YAB Tuan Mohd Shukri Ramli, Chief Minister of Perlis in his address, said “MIDA Invest Series Perlis provides an excellent opportunity for investors to explore Perlis, obtain pertinent information, and engage with federal and state government officials for consultation sessions on project implementations.  I welcome (investors) to optimise your time in this event to meet and discuss your projects with State Government officials and MIDA officials, as well as the relevant local authorities and technical agencies.”

YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry, highlighted Perlis’s potential to achieve economic growth role as Malaysia gears towards a second takeoff.

“As one of the northern region states in Peninsular Malaysia, Perlis holds immense border trade and business potentials. Perlis also stands a great chance of benefiting from the economic spillover from neighbouring Kedah and Penang states. I see positive developments in the implementation of these projects and we hope that they will become new engines of growth for Perlis once completed.”

He further added, “As we move forward, guided by the New Industrial Master Plan 2030, National Energy Transition Roadmap and the Green Investment Strategy, I believe it is crucial for us to build on this momentum and leverage Perlis’s strengths to drive growth and development across Malaysia.”

Echoing this sentiment, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid emphasised MIDA’s support in driving investment into Perlis, “We are stepping into 2025 with a clear and ambitious agenda. Perlis is moving forward with a clear strategy—leveraging its location, business-friendly policies, and growing infrastructure to attract industries that want to expand and innovate. At MIDA, we always strive to do our best to facilitate investment across Malaysia, and Perlis is no exception. Our dedication is reflected in action.”

Mohamad Haris Kader Sultan, Chief Executive of Northern Corridor Implementation Authority (NCIA), Northern Corridor Economic Region (NCER) plays a crucial role in harnessing Perlis’s investment potential and boosting socio-economic growth. Strategic projects like the Chuping Valley Industrial Area (CVIA) and Perlis Inland Port (PIP) enhance Perlis’s status as a key trade gateway. These initiatives create high-value jobs, promote industrial innovation, and attract global investments. By enhancing infrastructure, building strategic partnerships, and advancing talent development, NCER is committed to transforming Perlis into a dynamic investment hub, improving livelihoods, and ensuring sustainable economic progress.

A Growing Investment Hub in the North

Perlis is set for significant industrial expansion, supported by key initiatives such as the Chuping Valley Industrial Area (CVIA) and the Perlis Inland Port (PIP). As part of the Northern Corridor Economic Region (NCER), Perlis serves as a critical gateway for trade and commerce, particularly in logistics, advanced manufacturing, and technology-driven industries.

Building Strategic Partnerships

A key highlight of the event was the exchange of a Memorandum of Understanding (MoU) between Mutiara Perlis Sdn. Bhd. and Bina Darulaman Berhad, as well as the exchange of Memorandum of Collaboration (MoC) between Mutiara Perlis Sdn. Bhd. and MAERSK Logistics & Services Malaysia Sdn. Bhd. These strategic collaborations aim to enhance logistics efficiency, infrastructure development, and international trade connectivity, reinforcing Perlis’s position as a logistics hub in the region.

Talent Development

Beyond infrastructure, Perlis is a center for talent development, supporting the growing demand for engineering and technical expertise in northern Malaysia’s manufacturing hubs. The designation of Pauh, Perlis as ‘Bandar Ilmu’—home to Universiti Malaysia Perlis (UniMAP), a key institution within the Malaysian Technical University Network (MTUN)—underscores the state’s commitment to nurturing a highly skilled workforce.

UniMAP’s collaborations with global industry players in Penang and Kulim, alongside the presence of institutions such as Politeknik Tuanku Syed Sirajuddin, reinforce Perlis’s role as a training ground for future industry leaders. With ongoing infrastructure and industrial park developments, the state’s well-trained workforce is primed to support the evolving needs of its industries.

-ENDS-

About MIDA:
MIDA is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA 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.

About SUK PERLIS:
The State Secretary Office of Perlis is the central administrative body responsible for the governance and public administration of the state of Perlis. It acts as the primary institution that coordinates the implementation of government policies, programs, and administrative functions in the state.  For more information, please visit www.perlis.gov.my or follow us on Instagram and Facebook.

For more information, please contact:

MIDA
En. Sukri Abu Bakar
Director, Domestic Investment Division
Email: [email protected] l DL: +603-2267 3685

SUK Perlis:
En. Zuhair Jamaludin
Undersecretary, Perlis State Economic Planning Division
[email protected] | +604-9731859

Perlis Showcases Business and Investment Opportunities at MIDA Invest Series

Johor Bahru, 18 February 2025 – A new chapter in Johor’s economic development begins today with the official opening of the Invest Malaysia Facilitation Centre Johor (IMFC-J) in Forest City. The facility represents a significant milestone in streamlining investment processes for the Johor-Singapore Special Economic Zone (JS-SEZ). This pioneering center offers investors a comprehensive suite of end-to-end facilitation services, designed to simplify and accelerate investment procedures in the region.

The IMFC-J office, strategically located at Menara Delima Satu in Forest City, was inaugurated by HRH Tunku Ismail Ibni Sultan Ibrahim, Regent of Johor. The launch marks a decisive step in Johor’s transformation into a regional economic powerhouse. The center is positioned to attract and facilitate high-impact investments across diverse sectors, from advanced manufacturing to digital technology and sustainable development.

“Since the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) in January 2025, Johor has made significant progress in turning this vision into reality. Today, we take another bold step forward, through the combined efforts of both the Federal and Johor state governments, we are proud to fulfill one of the key deliverables of the JS-SEZ initiative—the opening of the IMFC-J office. This is a pivotal step in enhancing our investment landscape. The IMFC-J will serve as a dedicated platform to streamline investment processes, attract global investors, and foster economic growth. This initiative is aligned with our vision to establish Johor as a leading hub for business, innovation, and job creation. With this momentum, we are confident that Johor will continue on its path towards becoming a prosperous, dynamic, and thriving state,” said Yang Amat Berhormat Dato’ Onn Hafiz bin Ghazi, Menteri Besar Johor.

Yang Berhormat Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), underscored the center’s transformative potential. “The launch of IMFC-J in Forest City marks a significant step towards seamless investment facilitation in the JS-SEZ,” he remarked. “IMFC and TRACK established by MIDA have successfully streamlined project implementation, with over 86.5% of projects approved in 2023 are already operational, while more than 63% of those approved in January-September 2024 have been implemented. In short, we are creating an environment where every investment that comes to Malaysia is set up for success.”

Meanwhile, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said, “As Malaysia’s Principal Investment Promotion Agency, MIDA is committed to prioritising the ease-of-doing business for our investors. Through close collaboration with federal and Johor state agencies, we aim to streamline processes, enhance support services, and create an environment that fosters growth and innovation. Our collective goal is to firmly position JS-SEZ as one of the premier investment destinations in the region, attracting high-value investments and driving sustainable economic development.”

According to Yang Berhormat Dato’ Haji Mohd. Noorazam bin Haji Dato’ Osman, Chief Executive of IRDA, “Building on our strong track record of successfully realizing investments in Iskandar Malaysia, we are prepared to address even the most complex challenges at every stage of the investment journey—starting as early as the planning and development phase of infrastructure needed by higher growth and higher value investor. At IRDA, our commitment to IMFC-J is unwavering. We work hand-in-hand with Federal and Johor state agencies, alongside our private sector partners, to deliver seamless support, customized solutions, and strategic guidance for investors. From the initial concept to the final execution, we are dedicated to ensuring your projects thrive.”

“At Invest Johor, we recognize that speed, efficiency, and investor confidence are critical in today’s competitive investment landscape. As a key partner in IMFC-J, we ensure investors a seamless experience from initial inquiry to full operations, leveraging our deep understanding of Johor’s economy, policies, and ecosystem to provide strategic insights, tailored solutions, and on-the-ground support to accelerate their investment journey.

We are committed to making Johor the premier investment destination, and through IMFC-J, we are strengthening Johor’s position as a key economic gateway within the JS-SEZ. We look forward to welcoming investors and working together to shape Johor’s future as a dynamic and sustainable business hub”, says Tuan Haji Natazha bin Harris, Chief Executive Officer of Invest Johor.

IMFC-J is jointly led and operated by representatives from Malaysian Investment Development Authority (MIDA), Iskandar Regional Development Authority (IRDA), and Invest Johor (IJ), to ensure that investors’ investment needs are taken care of through one platform, reducing bureaucracy, without having to deal with various agencies and departments at different locations. This way, IMFC-J will be able to expedite the facilitation turn-around time, promoting the realisation of investments seamlessly and effectively.

IMFC-J’s office is located at 01-05 & 01-06, Menara Delima Satu, Jalan Forest City 1, Pulau Satu, Forest City, 81550 Gelang Patah, Johor Bahru, Johor. The centre can be reached through its website – www.imfc-j.com.my – or email – [email protected].

-ENDS-

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

About IRDA
ISKANDAR REGIONAL DEVELOPMENT AUTHORITY (IRDA)

Iskandar Regional Development Authority (IRDA) is a Malaysian Federal Government statutory body tasked as the main coordinating agency between stakeholders in the public and private sectors for planning, facilitating and positioning the development of Iskandar Malaysia into a strong and sustainable metropolis of international standing.

IRDA complements the Malaysian Investment Development Authority (MIDA) and Invest Johor by playing an important facilitation role in ensuring that incoming investments can be realised quickly and smoothly in Iskandar Malaysia through the Invest Malaysia Facilitation Centre Johor (IMFC-J). IRDA also advises and facilitates the implementation of social and environmental initiatives by investors and other stakeholders in Iskandar Malaysia.

IRDA is currently under the purview of the Ministry of Economy with its Members of Authority (MoA) co-chaired by the Prime Minister of Malaysia and the Chief Minister of Johor.

About Invest Johor
Invest Johor serves as the dedicated investment promotion agency for the state of Johor, Malaysia. Committed to driving economic growth and attracting strategic investments, Invest Johor plays a pivotal role in positioning Johor as a premier destination for global investors.

With its comprehensive support services, the agency facilitates seamless investment processes, offering advisory and consultation to businesses across diverse industries. Its efforts are bolstered by Johor’s strategic location, world-class infrastructure, and thriving sectors such as manufacturing, logistics, technology, and renewable energy.

Invest Johor works hand-in-hand with stakeholders to create a business-friendly ecosystem, ensuring investors benefit from the state’s competitive advantages, government incentives, and skilled workforce. As the gateway to opportunities in Johor, the agency is dedicated to fostering partnerships that drive innovation, sustainability, and economic progress for the state

Media Enquiries:

MIDA
En. Mohamad Reduan bin Mohd Zabri 
Director, MIDA Johor
Email:  [email protected] DL: +607 2245 500

IMFC-J to Drive Realisation of Investments Into JS-SEZ, Streamlining Facilitation Processes for Investors

• Advanced Semiconductor Engineering, Inc. (ASE, a member of ASE Technology Holding Co., Ltd. TAIEX: 3711, NYSE: ASX) today officially launched its fifth plant in Penang, Malaysia.
• The new plant will see improved manufacturing capabilities for advanced packaging technologies, and comes at a time when next-gen use technologies such as GenAI are increasingly in demand.

BAYAN LEPAS, Malaysia, 18 February 2025 – ASE has officially launched its fifth plant in Penang, which will significantly build on the company’s strong packaging and testing capabilities in the Bayan Lepas Free Industrial Zone. The new plant is part of a strategic expansion plan that will expand the floor space of ASE’s Malaysia facility from its current area of 1 million square feet to approximately 3.4 million square feet.

Today’s launch ushers in a new era of smart manufacturing for ASE in Malaysia. Over the years, the Malaysia site has been upgrading its manufacturing operations by integrating Industry 4.0 technology and factory automation solutions. From the detection of abnormalities using AI, to improving yield and optimizing production processes through data analysis, the new plant harnesses the power of Artificial Intelligence of Things (AIoT) to enhance productivity and efficiency on the factory floor.

Speaking at the event, Penang Deputy Chief Minister II Yang Berhormat Jagdeep Singh Deo A/L Karpal Singh mentioned, “Backed by over fifty years of industrial excellence, Penang continues to be a premier investment destination for global industrial leaders seeking to expand in Southeast Asia. The establishment of ASE’s new chip packaging and testing facility marks a significant milestone, introducing cutting-edge technological capabilities to its decades-long operations in the state. This further cements Penang’s position as a powerhouse in the global semiconductor landscape, reinforcing its reputation as the ‘Silicon Valley of the East.’”

Meanwhile, Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer, Investment Promotion and Facilitation of MIDA, emphasised ASE’s contribution to Malaysia’s growing technological leadership, “ASE’s continued expansion here is a testament to the long-standing partnership between Malaysia and Taiwan. To stay ahead in this ever-changing and competitive field, it’s crucial for our businesses to keep innovating and team up with key industry players. That’s why I encourage our local companies to look at opportunities to collaborate with leaders like ASE. These partnerships will not only drive demand for precision engineering, automation, and semiconductor manufacturing, but they’ll also help our homegrown leaders.”

Also in attendance was Dr. Tien Wu, CEO of ASE Inc, who hailed the facility as a critical step in strengthening ASE’s global footprint. “Southeast Asia is increasingly becoming an important base for semiconductors, given its growing digital economy propelling the demand for advanced chips and its shift towards design and chip manufacturing in recent years. With Malaysia solidifying its position as a regional semiconductor hub, we see our expanded facility playing an even greater role across the global semiconductor value chain and, contributing to the country’s economic growth. ASE remains committed to being a driving force for the development of the local and regional semiconductor industry, while continuing to meet and exceed the needs and expectations of our customers.”

With the semiconductor market on track to reach US$1 trillion in revenue in the next decade, OSAT manufacturing remains critical to the global electronics supply chain. As a leading OSAT player, ASE Malaysia has been serving major semiconductor companies since 1991. The new plant comes online at a time when advanced AI chips are increasingly required across various next-gen applications in machine learning, enterprise-led AI use cases, edge computing, electric vehicles and autonomous driving, and more. To that end, ASE is committed to investing in resources and human capital to capture more market share and extend the breadth and depth of its service offerings. The facility expansion will also have greater hiring as well as training and development needs, with an additional 1,500 employees over the next few years.

*****

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 ASE, Inc.
Advanced Semiconductor Engineering, Inc. (ASE), a member of ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711), is the leading global provider of semiconductor manufacturing services in packaging and test. Alongside a broad portfolio of established assembly and test technologies, ASE is also delivering innovative advanced packaging and system-in-package solutions to meet growth momentum across a broad range of end markets, including 5G, AI, Automotive, High-Performance Computing, and more. To learn about our advances in SiP, Fan-out, MEMS & Sensor, Flip Chip, and 2.5D, 3D & TSV technologies, all ultimately geared towards applications to improve lifestyle and efficiency, please visit: aseglobal.com or follow us on LinkedIn & X: @aseglobal.

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.

MIDA
Mohd Mazlan bin Mokhtar
Director of Electrical and Electronics Division, MIDA
T: +603-2267 6655
E: [email protected]

Media contacts:

ASE
Jennifer Yuen
E: [email protected]

Oliver Gomez
E: [email protected]

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

ASE Expands its Chip Packaging and Testing Facility to Enable Next-Gen Applications

Penang, Malaysia, 17 February 2025 – JHT Semiconductor Sdn. Bhd., a wholly-owned subsidiary of JHT Design Co., proudly announced the grand opening of its leading-edge manufacturing facility in Batu Kawan, Penang on Saturday, 15 February 2025. This significant milestone underscores the company’s unwavering commitment to delivering innovative and reliable semiconductor testing handler solutions to the global market.

The grand opening ceremony was attended by several distinguished guests including, Dato’ Sri Wong Siew Hai, President of MSIA; Mr. Muhammad Ghaddaffi bin Sardar Mohamed, Director of the Malaysian Investment Development Authority (MIDA) Penang; Ms. Ding Qiao, Penang Chinese Vice Consul General; Mr. Xue Feng Cui, Chairman of JHT Design Co., Ltd; Mr. Rick Cui, Representative of Chairman of JHT Design Co., Ltd; Mr. Hai Long Liu, Deputy Chairman cun Secretary of Head of JHT Design Co., Ltd; Mr. Morgan Chee Choon Chye, Managing Director of JHT Semiconductor Sdn Bhd.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, the Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), highlighted the significance of this milestone, stating, “The launch of JHT Semiconductor’s manufacturing facility is a significant step towards Malaysia’s goal of becoming a key player in the global semiconductor machinery ecosystem. This project aligns perfectly with the New Industrial Master Plan 2030 (NIMP 2030) and the National Semiconductor Strategy (NSS) by strengthening our role in global supply chains, advancing semiconductor engineering and enhancing research capabilities. The company’s focus on cutting-edge test handlers and the creation of high-skilled job opportunities for Malaysians reflect our commitment to driving economic growth, technological innovation, and reinforcing Malaysia’s position in the global semiconductor value chain.”

Speaking on behalf of JHT Design Co., Ltd., Mr. Rick Cui remarked, “The opening of JHT Semiconductor Sdn. Bhd. in Malaysia marks a major milestone in our global growth. Built on our founder’s vision, this expansion strengthens our commitment to innovation and excellence. Malaysia’s strategic location and strong semiconductor ecosystem make it the ideal hub for our operations. This facility will enhance our production, manufacturing, and after-sales services, ensuring better support for our clients. We look forward to driving technological advancements and fostering long-term partnerships in the semiconductor industry.”

The new Batu Kawan facility is equipped with advanced infrastructure designed to optimise production processes and ensure superior product quality. This development aligns with JHT Semiconductor’s commitment to technological excellence and enhances its diverse portfolio of high-performance IC test handlers, which includes:

• Exceed Series – A high-throughput semiconductor testing handler capable of achieving a peak unit-per-hour output of 13,500pcs at full speed, with precise temperature control for enhanced accuracy and reliability.
• Neoceed Series – Designed for superior performance, this series features a high-speed-picker mechanism and a user-friendly interface, ensuring seamless integration and precision for system-level testing.
• Summit Series – Offers unparalleled flexibility and precision, supporting up to 16 stations for parallel testing with advanced temperature control options.
• Collie Series – Tailored for engineering, reliability, and small batch production, this single station testing solution provides both functional test and system-level test handlers for diverse applications.

JHT Design Co., Ltd. was founded in 2012 by a group of engineering experts who were engaged in industrialised integrated circuit manufacturing in the early days. It is committed to promoting the development of the semiconductor industry with the core technology of high-end intelligent equipment. Since its establishment, the entity has been deeply involved in the field of integrated circuit test handlers, providing test handlers and related customised equipment for well-known semiconductor packaging and testing companies, test foundries, IDM companies, fabless companies, among others.

JHT Design Co., Ltd. aims to establish itself as a comprehensive service provider in Southeast Asia, the Asia-Pacific region, Europe, and the Americas, with a focus on being closer to the market and customers and responding more swiftly to customer needs. It boasts a strong technical team and will continue to upgrade existing products while actively developing new ones.

-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 JHT Semiconductor Sdn. Bhd.
JHT Semiconductor Sdn. Bhd., a subsidiary of JHT Design Co., Ltd is in Batu Kawan, Penang, Malaysia. The company specialises in integrated circuit (IC) test handlers and provides customised equipment for semiconductor companies. With a focus on aligning with market demands and swiftly responding to customer needs, JHT Semiconductor Sdn Bhd is committed to delivering efficient and professional semiconductor testing handler solutions. For more information, visit https://jhtsemiconductor.com/

For more information, please contact:

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

JHT SEMICONDUCTOR SDN BHD
Morgan Chee
Managing Director
Email: [email protected] | Tel: +60 4-2023112 | Ext: 888

JHT Semiconductor Launches State-Of-The-Art Manufacturing Facility in Penang

Kronach/Penang, February 13, 2025 – M.A.i GmbH & Co. KG, a leading German specialist for automation solutions, officially opens a new production and sales location in Penang, Malaysia. The strategic expansion marks a significant milestone in the company’s international growth strategy and strengthens its position in the burgeoning Southeast Asian market.

The cutting-edge Malaysian facility will serve as a regional hub for automation innovation and manufacturing excellence. Engineering teams at the new location will develop customised automation solutions while maintaining the high standards that have defined M.A.i since its founding in 1999. This expansion complements the company’s German headquarters while extending its global reach.

YB Jagdeep Singh Deo, Deputy Chief Minister II of Penang, stated, “With a legacy of five decades of industrialisation and a strong reputation for innovation and technological excellence, Penang offers a thriving industrial ecosystem that naturally attracts investors. Penang is honoured to be the chosen investment destination for M.A.i to expand its global presence to penetrate into the Southeast Asian market, especially at a time when automation is driving industry transformation.”

In his address, Mr. Sivasuriyamoorthy Sundara Raja, the Deputy Chief Executive Officer, Investment Promotion and Facilitation of the Malaysian Investment Development Authority (MIDA), applauded M.A.i Automation on the opening of their state-of-the-art facility in Pulau Pinang. “This milestone marks a new chapter for M.A.I. Automation and highlights Malaysia’s steady ascent in the industrial sector. The establishment of M.A.i Automation in Malaysia aligns perfectly with the aspirations outlined in the National Investment Aspirations (NIA), which aim to elevate our economic complexity, create high-value jobs, and foster inclusive growth.”

“Malaysia’s commitment to these principles positions us as a regional powerhouse for advanced manufacturing within ASEAN, ready to meet the demands of a global market that increasingly values efficiency and technological sophistication,” he further added.

“This expansion is an important step in our global strategy,” explains Mr. Stefan Woldrich and Mr. Mario Michel, CEOs of M.A.i Germany. “Our headquarters in Kronach remains the center of our innovations, strategic decisions, and production. We continuously invest in the expansion and modernisation of our German location, where further expansions are also planned. The new site in Malaysia allows us to efficiently serve the growing demand in Southeast Asia and strengthen our worldwide network. This expansion will enable us to further expand our global presence while benefiting from the strengths of all our locations.”

The choice of Penang as a location was made due to its strategic position, excellent infrastructure, and access to highly qualified professionals. The new branch will work closely with the German headquarters to leverage synergies and drive innovation.

To mark this milestone, M.A.i will celebrate the grand opening of its Penang facility, offering customers and partners an exclusive look into its cutting-edge automation solutions and future growth strategies.

-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 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 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

German Automation Giant M.A.i Launches Malaysian Hub in Strategic Asia Push

Kuala Lumpur, 12 February 2025 —The Malaysian Investment Development Authority (MIDA) and BEYOND4 Sdn. Bhd. signed a Memorandum of Understanding (MoU) today to support high-growth SMEs while strengthening the domestic talent development across Malaysia, aligning with the country’s aspiration to be a hub for digital innovation and entrepreneurial growth. This strategic partnership will focus on empowering local companies to transition to tech-driven models, fostering business expansion, and developing a skilled workforce for the future economy.

The signing ceremony at MIDA headquarters brought together MIDA CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid and BEYOND4 CEO Mr. S.T. Rubaneswaran, marking the beginning of this strategic alliance.

In his opening remarks, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid emphasised the importance of this partnership in shaping Malaysia’s innovation and business landscape. He stated, “This partnership is a direct response in providing the critical support structures required for start- ups to potentially grow into MSMEs or fill-up the technology gaps for SMEs, which then will expand beyond Malaysia and thrive in an increasingly competitive global market. MIDA has taken a proactive role in supporting SME growth—facilitating through our Domestic Investment Coordination Platform (DICP) to acquire funding, technology and research capability, as well as strengthening industry linkages to help them scale up and remain competitive.”

S.T. Rubaneswaran, CEO of BEYOND4, added, “Working together with MIDA, our target is to accelerate the growth of Malaysia’s high potential companies and to build a skilled workforce for the digital future.”

This partnership with Beyond4 is a key component of MIDA’s broader strategy to empower local companies to move-up the value chain in line with NIMP 2030. Working together, MIDA and Beyond4 will leverage resources and expertise to provide comprehensive support across several crucial areas: access to financial assistance and incentives; facilitated partnerships and collaborations with MNCs and research institutions; capacity building and skills development initiatives; infrastructure development to enhance digital connectivity; and ongoing policy advocacy and regulatory streamlining.

Additionally, this partnership will help to improve access to international markets, creating new opportunities for businesses and entrepreneurs alike. Most importantly, this initiative will lead to the creation of high-value jobs for locals, empowering individuals and communities while reinforcing substantial economic impact and resilience through increased of foreign and domestic investments.

– THE END –

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

About BEYOND4
Beyond4 (B4) is dedicated to fostering and expanding ecosystems across Southeast Asia, with a focus on talent development, enterprise innovation, and startup growth. As a recognized leader in Malaysia, we have extended our presence to Singapore and established strategic partnerships in India, the United Kingdom, France, Thailand, Hong Kong, Taiwan, and the Philippines.

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

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

For more information, please contact:

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

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

MIDA and BEYOND4 Partner to Accelerate Malaysia’s Talent Development and Enterprise Innovation Ecosystem