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CIMB Singapore, Malaysian Investment Development Authority (MIDA), Singapore Business Federation (SBF) convened to showcase investment opportunities across Malaysia’s high-growth sectors while fostering dialogue on regional expansion and cross-border collaboration.

Kuala Lumpur, Singapore, 23 October 2026 – Building on its longstanding collaboration, Malaysian Investment Development Authority (MIDA), CIMB Singapore, and Singapore Business Federation (SBF) yesterday concluded the inaugural Invest Malaysia Day 2026 in Singapore, bringing together over 200 investors and businesses in Singapore with investment insights, business advisory support and partnership opportunities across Malaysia. The forum underscored the growing importance of the Singapore-Malaysia economic relationship, connecting attendees with representatives from Malaysia’s federal investment agencies, regional development authorities and ecosystem partners.

The forum was officiated by Guest-of-Honour Her Excellency Datin Paduka Anizan Siti Hajjar Adnin, High Commissioner of Malaysia to Singapore, who delivered the keynote address. Keynote addresses were also delivered by Malaysian state investment leaders YB Tuan Ng Sze Han of Selangor, YB Lee Ting Han of Johor and YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib of Pahang. Mr. Lee Yee Fung of the Singapore Business Federation and Mr. Benjamin Tan of CIMB Singapore also addressed the participants.

“Malaysia offers Singapore businesses opportunities across diverse growth sectors, supported by well-established industrial ecosystems and strong regional connectivity. National initiatives such as the New Industrial Master Plan (NIMP) 2030, the National Energy Transition Roadmap (NETR) and the Johor-Singapore Special Economic Zone (JS-SEZ) provide further avenues for investment across manufacturing, the digital economy, logistics, renewable energy, healthcare and advanced technologies.

As companies assess their next phase of growth, MIDA is committed to helping investors identify suitable locations, understand the regulatory and incentives landscape, and connect with the relevant federal and state agencies. Through this coordinated approach, we aim to facilitate investment decisions and support businesses in establishing and expanding their operations in Malaysia,” said Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA.

The day’s programme covered:

A briefing by MIDA on Malaysia’s evolving business landscape, priority growth sectors and the incentives, grants and investor support available to companies exploring expansion into Malaysia
Insights from state investment leaders on the latest investment developments and economic priorities in Selangor, Johor and Pahang;
A session on Malaysia’s sustainable transition by Ms. Luanne Sieh, Group Chief Sustainability Officer, CIMB, who shared insights on how businesses can position themselves for success by proactively navigating evolving sustainability requirements, leveraging renewable energy options and incentives, and capturing opportunities arising from the country’s green transformation agenda;
A panel discussion on why Malaysia continues to be a preferred investment destination for Singapore businesses, moderated by Mr. Tan Teck Lee, Country Head (Malaysia, Thailand and the Philippines), SBF, with panellists from MIDA, the Malaysian Immigration Department, the Ministry of Human Resources, Knight Frank Malaysia and CIMB Singapore; and
Parallel state breakout tracks in the afternoon, with Selangor, Pahang, Sarawak and Johor presenting sector-specific opportunities and facilitation support.

“Singapore and Malaysia share one of ASEAN’s most interconnected economic partnerships, underpinned by deep trade, investment and business links. As Singapore prepares to assume the ASEAN Chairmanship next year, strengthening these connections will be key to unlocking new opportunities across the region,” said Mr. Benjamin Tan, Head of Commercial and Transaction Banking, CIMB Singapore. “As part of a leading ASEAN bank group, CIMB Singapore is committed to support businesses in navigating cross-border opportunities and achieve their regional growth ambitions.”

“Malaysia remains one of the most compelling growth markets for Singapore businesses, offering a unique combination of strategic location, strong infrastructure, a skilled workforce, and clear government support for investment. Through Invest Malaysia Day 2026, SBF is supporting companies at every stage of their Malaysia journey – from exploration to expansion – with direct access to the federal and state agencies, financial partners, and industry players,” said Mr. Lee Yee Fung, Chief Internationalisation & Chief Smart Enterprise Officer, International Business Division, Singapore Business Federation.

Alongside the conference programme, 10 exhibitors consisting of state government agencies and industrial park developers showcased investment opportunities and business support available across Malaysia, giving attendees direct access to investment agencies, state representatives, developers and ecosystem partners to discuss market-entry and expansion plans.

The strong engagement at Invest Malaysia Day 2026 reflects growing confidence in Malaysia’s economic outlook and reinforce the importance of closer Singapore-Malaysia collaboration in driving regional growth and competitiveness.

From left to right:
Mr. Benjamin Tan (Head of Commercial and Transaction Banking), CIMB; Mr. Lennon Tan (President of Singapore Manufacturing Federation); Mr. Lee Yee Fung (Chief Internationalisation Officer of SBF); Yang Berhormat Tuan Ng Sze Han (Selangor State Executive Councillor for Investment Trade and Mobility); Yang Berhormat Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib (Pahang State Executive Councillor for Investment, Industrial, Science, Technology and Innovation); H.E. Datin Paduka Anizan Siti Hajjar Adnin High Commissioner of Malaysia to Singapore (Center); Yang Berhormat Tuan Lee Ting Han (Johor State Executive Councillor for Investment, Trade, Consumer Affairs and Human Resources); Ms. Nadia Sapee (Director of MITI Singapore); Mr. Vinothan Tulisinathzan (Director of MIDA Singapore); Mr. Tan Teck Lee ( Country Head, Malaysia, Thailand & The Phillipines, SBF).

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If you would like to arrange a conversation with CIMB, MIDA, SBF, please feel free to reach out to:

Ms. Verona Koh
Senior Account Executive,
AKA Asia
Mobile: +65 6718 6333
Email: [email protected]

MIDA

Mr. Vinothan Tulisinathzan
Director,
MIDA Singapore
Mobile: +6587649932
Email: [email protected]

CIMB

Ms. Charlene Quah
Brand Communications & PR Lead,
CIMB Singapore
Mobile: +65 8812 2273
Email: [email protected]

Ms. June Yeo
PR & Corporate Communications Specialist,
CIMB Singapore
Mobile: +65 9749 9285
Email: [email protected]

SBF

Mr. Joshua Low
Lead Manager International Business Division
Singapore Business Federation
M: +65 8198 4830
E: [email protected]

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit www.mida.gov.my/ and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

About CIMB

CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM80.1 billion as at 30 June 2026. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and the Philippines. Singapore is one of its key markets with approximately 1,000 employees serving clients across consumer, commercial, wholesale and transaction banking products and services.

Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 524 branches and over 33,000 employees as at 30 June 2026. CIMB’s investment banking arm is one of the largest Asia Pacific-based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 92.46% shareholder of Bank CIMB Niaga in Indonesia, and 94.83% shareholder of CIMB Thai in Thailand.

Sustainability is a core pillar of CIMB’s Forward30 strategy and 2030 roadmap. The Group is guided by its Green, Social, Sustainable Impact Products and Services (“GSSIPS”) framework, an internal taxonomy designed to deliver impactful sustainable finance. Since launching its sustainable finance framework in 2021, CIMB has progressively raised its ambitions, increasing its initial RM30 billion target to RM100 billion for 2021–2024. The Group now targets RM300 billion in sustainable finance by 2030, reinforcing its commitment to enabling a lower-carbon and more inclusive economy across the region.

About Singapore Business Federation (新加坡工商联合总会)

Singapore Business Federation (SBF) is the apex business chamber with over 34,000 members across diverse industries. With a vision to advance Singapore towards a globally competitive and sustainable economy, SBF mobilises the business community to be future-ready and magnify transformation opportunities through policy advocacy, partnership platforms and capability programmes.

For more information, visit www.sbf.org.sg

Inaugural Invest Malaysia Day 2026 Highlights How Singapore Businesses Can Tap Malaysia’s Next Phase of Growth

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MIDA’s inaugural Renewable Energy Supply Chain Programme connects TNB Power Generation Sdn. Bhd. (TNB GENCO) and TNB Renewables Sdn. Bhd. (TNB RE) with Malaysian vendors, manufacturers, engineers and service providers.
Approximately 25 Malaysian domestic companies participated in the targeted business-matching sessions.
MIDA’s participation supports Malaysia’s ambition to achieve 70 per cent renewable energy capacity by 2050, while strengthening local participation across the Renewable Energy (RE) value chain.

KUALA LUMPUR, 14 October 2026 — The Malaysian Investment Development Authority (MIDA) through IGEM 2026 is strengthening Malaysia’s renewable energy (RE) ecosystem by connecting major RE players with Malaysian domestic companies, and turning investment interest into quality, actionable opportunities that drive stronger domestic capabilities and supply chains for the country’s energy transition.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO MIDA

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said, “Malaysia’s energy transition is not only about increasing renewable energy capacity; it is also an opportunity to build stronger Malaysian companies, develop specialised capabilities and create greater economic value at home. At MIDA, we want to ensure that every quality investment we facilitate creates meaningful linkages with our domestic industry and contributes to the development of a more competitive renewable energy ecosystem.”

“Our inaugural Renewable Energy Supply Chain Programme marks an important step in this direction. By bringing major renewable energy players together with Malaysian vendors, manufacturers, engineers and service providers, we are creating direct pathways for local companies to participate in actual projects and supply-chain opportunities. This is how we move from investment interest to tangible industrial outcomes. As Malaysia advances towards its 70 per cent renewable energy capacity target by 2050, we see significant opportunities for Malaysian companies to move further up the value chain — from supplying components and providing engineering and technical services, to developing technologies and eventually serving regional and global markets. Our ambition is for Malaysia not only to deploy green technologies, but increasingly to develop, produce and export them,” he added.

Strengthening Malaysia’s Renewable Energy Supply Chain

The Renewable Energy Supply Chain Programme, themed “Strengthening Malaysia’s Renewable Energy Ecosystem with MIDA”, was held on 8 October 2026 at IGEM 2026 in KLCC and connected anchor companies, TNB Power Generation Sdn. Bhd. (TNB GENCO) and TNB Renewables Sdn. Bhd. (TNB RE) with Malaysian vendors, manufacturers, engineers and service providers. The programme kickstarted with remarks by Puan Zuaida Abdullah, Deputy CEO (Investment Development), MIDA.

Approximately 25 Malaysian manufacturing and services companies participated in the business-matching sessions to explore collaboration opportunities and renewable energy supply-chain needs. The programme also recognised five Renewable Energy Local Champions — Alliance MEP Sdn. Bhd., Reactive Energy Sdn. Bhd., Deltaspec (M) Sdn. Bhd., P.E.S.B. Engineering Sdn. Bhd. and SAA Engineering & Marine Sdn. Bhd. — for their technical capabilities, highlighting the growing participation of Malaysian companies in higher-value segments of the renewable energy ecosystem.

“As TNB Genco continues to expand our renewable energy portfolio, with the pioneering Hybrid Hydro Floating Solar project at Tasik Kenyir now in execution, we are committed to enabling Malaysian companies to grow alongside this transition. Our collaboration with MIDA provides an important platform to connect capable local manufacturers, vendors and service providers with tangible opportunities across our project pipeline, while strengthening domestic capabilities, generating sustainable economic value and positioning Malaysian solutions to serve both domestic and regional markets,” said Dato’ Shahrir Abdul Latiff, Managing Director of TNB Power Generation Sdn. Bhd. (TNB GENCO).

“At TNB Renewables, our ambition goes beyond adding renewable megawatts. As we grow our renewable energy portfolio, we want each project to create lasting value for Malaysia by deepening local participation across the renewable energy value chain. This means creating meaningful opportunities for Malaysian contractors, manufacturers, vendors and service providers to build capabilities, grow alongside our project pipeline and progressively participate in higher-value areas such as engineering, technology, construction, operations and specialised services.”

“Through our collaboration with MIDA, we aim to strengthen the link between renewable energy investment and domestic industrial development — supporting greater localisation, capability and skills development, technology transfer, quality employment and wider economic spillovers. This reflects our ‘Beyond Megawatts’ approach: ensuring that the energy transition not only delivers cleaner energy, but also develops stronger Malaysian businesses and capabilities that can compete domestically and, ultimately, across the region,” said Encik Elmie Fairul Mashuri, Managing Director, TNB Renewables Sdn. Bhd. (TNB RE).

From left to right:
En Zahirul, SAA Engineering & Marine Sdn. Bhd., Reactive Energy Sdn. Bhd., Alliance MEP Sdn. Bhd., Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO MIDA, Puan Zuaida Abdullah, Deputy CEO (Investment Development, MIDA), Puan Rosedalina Ramlan, Executive Director, Services Development, MIDA, Deltaspec (M) Sdn. Bhd., P.E.S.B. Engineering Sdn. Bhd.

From Green Investment to Wider Economic Opportunities

Aligning with MIDA’s #InvestLokal agenda, its participation at IGEM 2026 demonstrates its role in connecting investment with industry and linking global opportunities with Malaysian capabilities. With the recent measures announced under Budget 2027, the initiative further reinforces Malaysia’s commitment to accelerating the green economy and energy transition. The extension of the Green Investment Tax Allowance (GITA) incentives until 31 December 2030, alongside a combined RM17 billion in grid and energy infrastructure, as well as investment funds involving TNB, UEM Lestra and KWAP, will strengthen the country’s energy infrastructure and enhance Malaysia’s competitiveness in attracting high quality and sustainable green investments.

From centre (left to right): Puan Surayu Susah, Executive Director, Manufacturing Development (Resource), MIDA, Mr. Nelson Samuel Wilson, Executive Director, Investment Policy Advocacy (Manufacturing), MIDA,
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO MIDA, En. Zahirul Ishak, Director, Green Technology Division, MIDA, Puan Fatmah Ahmad, Director, Corporate Communications Division, MIDA.

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About MIDA

MIDA is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit www.mida.gov.my/ and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

For media inquiries, please contact:

MIDA

Mr. Zahirul Ishak
Director, Green Technology Division, MIDA
Tel: 03-22632405 | Email: [email protected]

MIDA Strengthens Malaysia’s Renewable Energy Supply Chain at IGEM 2026

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Kuala Lumpur, MALAYSIA, 13 October 2026 — NovaAir Industrial Gases Sdn. Bhd. (hereinafter referred as to NovaAir), the Malaysian subsidiary of Yingde Gases, has inaugurated its 300‑tonnes‑per‑day Kuala Lumpur (KUL) liquid air separation unit (ASU) at UMW High‑Value Manufacturing Park in Greater Kuala Lumpur, strengthening Malaysia’s domestic supply of essential industrial gases for high-value manufacturing and reinforcing the group’s long-term investment commitment to Malaysia.

Commissioned in August 2026, the facility supports growing demand for industrial gases across Malaysia’s manufacturing ecosystem and strengthens Yingde Gases’ presence in Southeast Asia.

From left to right:
Ms. Samantha Wong Sze Wing, Chief Financial Officer, Yingde Gases; Ms. Surayu Susah, Executive Director, Manufacturing Development (Resource), MIDA; Ms. Charlene Quek Chah Lim, Managing Director, NovaAir Industrial Gases Sdn. Bhd.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of Malaysian Investment Development Authority (MIDA), said, “Industrial gases may be unseen, but they are essential to the industries powering Malaysia’s next phase of growth. NovaAir’s investment strengthens this critical foundation, advancing the ambitions of NIMP 2030 and the Chemical Industry Roadmap 2030 while enabling stronger domestic supply chains, higher-value industrial activities and skilled employment opportunities for Malaysians.”

Charlene Quek, General Manager of NovaAir, stated: “Malaysia hosts Yingde Gases’ very first regional headquarters outside China. NovaAir aims to forge deep, long‑term partnerships with Malaysian local businesses and contribute to Malaysia’s national industrial ambition. The KUL liquid ASU and Alliance Steel project together demonstrate our confidence and sustained investment in this market.”

From left to right: Mr. Shen Wei, General Manager, Efficiency and Enablement Center, Yingde Gases; Ms. Samantha Wong Sze Wing, Chief Financial Officer, Yingde Gases; Ms. Surayu Susah, Executive Director, Manufacturing Development (Resource), MIDA; Ms. Charlene Quek Chah Lim, Managing Director, NovaAir Industrial Gases Sdn. Bhd.; Ms. Yuan Le Yi, General Manager, Human Resources Center, Yingde Gases; Mr. Pan Yun Feng, Executive Deputy General Manager, Yingde Engineering

The KUL liquid ASU produces oxygen, nitrogen, argon and high-purity oxygen for downstream industries including chemicals, electrical and electronics, oil and gas, food processing, steelmaking and new-energy lithium battery production. Its proprietary air separation technology was developed and manufactured in-house by Yingde Engineering, the group’s engineering subsidiary, while artificial intelligence-driven control systems help improve energy efficiency and reduce the plant’s carbon footprint.

By meeting growing demand for high-quality industrial gases, the facility will support technological upgrading across downstream industries and strengthen Malaysia’s position as a high-tech manufacturing hub in Southeast Asia.

The investment complement NovaAir’s existing operations at the Malaysia‑China Kuantan Industrial Park (MCKIP), where it operates three large‑scale 20,000 Nm³/h on‑site air separation units for Alliance Steel (Malaysia). Yingde Gases’ largest overseas on‑site ASU complex to date, the project supplies high‑purity oxygen, nitrogen and argon to support Alliance Steel’s steel‑making operations and expansion plans. The Alliance Steel facility holds ISO 9001 quality management, ISO 14001 environmental management and Halal certifications.

The inauguration was attended by senior representatives from MIDA and Invest Selangor, alongside key customers, industry partners, contractors, and the management teams of Yingde Gases and NovaAir.

Looking ahead, NovaAir aims to raise the KUL plant’s capacity utilisation to above 90 % within two years. Over the next three to five years, Yingde Gases plans to expands its investment in Malaysia, with the ambition of positioning NovaAir among the country’s top three industrial gas suppliers. From its Malaysian regional headquarters, NovaAir also plan to pursue opportunities in Thailand, Vietnam and Indonesia, while continuing to focus operational efficiency, sustainability and local talent development.

Ms. Surayu Susah, Executive Director, Manufacturing Development (Resource), MIDA

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About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channels.

About NovaAir

NovaAir, as the overseas subsidiary of YingDe Gases, has operated air separation plants in Malaysia, Thailand, etc. Its business covers the entire process of industrial gas production and operation, providing the regional customers with premium quality gas applications and solutions. For more information, please visit: www.novaair.co

About Yingde Gases

Yingde Gases is a large-scale professional gas company committed to industrial development, with over 150 gas production facilities in China and abroad, covering various industries such as metallurgy, chemical, electronics, semiconductor, photovoltaic, food, medical and healthcare, new materials, energy and environmental protection. Its market reach extends across China and Southeast Asia. Yingde Gases focuses on on-site gas supply, bulk liquid, MiniBulk, packaged gases, rare and specialty gases, and Yingde Engineering (design and manufacturing of cryogenic equipment including air separation unit). We supply high quality on-site pipeline gases, liquid gases in tanks and cylinder gases such as oxygen, nitrogen, and argon. For more information, please visit: www.yingde.com.

For media enquiries:

MIDA

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

NovaAir

Ms. Amanda Chu
Senior Legal Counsel
Tel: +603 2774 6200
Email: [email protected]

NovaAir Deepens Long‑Term Investment Footprint in Malaysia With Inauguration of KUL Air Separation Unit

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KUALA LUMPUR, 12 OKTOBER 2026 – Lembaga Pembangunan Pelaburan Malaysia (MIDA) menyambut baik pembentangan Belanjawan 2027 yang bakal mempercepatkan transformasi ekonomi negara menerusi penumpuan strategik kepada pelaburan berkualiti tinggi dan mampan, di samping meningkatkan keupayaan industri tempatan untuk menyertai rantaian nilai global.

Ketua Pegawai Eksekutif MIDA, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, menegaskan bahawa Belanjawan 2027 memberi keyakinan jangka panjang kepada pelabur, memperkukuh ekosistem industri sambil memastikan limpahan ekonomi dinikmati secara meluas oleh PKS dan tenaga kerja tempatan.

“Keutamaan Malaysia bukan sekadar menarik pelaburan berkualiti dan mampan, tetapi memastikan pelaburan tersebut menjana nilai tambah serta memberi impak jangka panjang kepada ekonomi negara. Menerusi agenda Aspirasi Pelaburan Nasional, fokus MIDA kini mempergiat usaha strategik untuk menghubungkan pelaburan bernilai tinggi secara terus dengan syarikat tempatan. Langkah ini penting bagi memperkukuh keupayaan dan ekosistem industri, memacu syarikat Malaysia ke segmen rantaian nilai yang lebih tinggi, serta menyediakan pekerjaan berpendapatan tinggi demi memacu pertumbuhan ekonomi yang inklusif. Dengan gabungan insentif cukai, infrastruktur dan bakat yang kukuh, MIDA komited untuk terus memudahcara perjalanan pelabur untuk terus berkembang di Malaysia,” kata beliau.

Memperkukuh Daya Tarikan Malaysia Sebagai Hab Pelaburan Berkualiti Tinggi dan Berimpak Tinggi

Pusat Perkhidmatan dan Kewangan Serantau: Lanjutan insentif Global Services Hub (GSH) sehingga 30 tahun, kadar cukai konsesi antara 5% hingga 15%, serta pengecualian cukai pegangan dan duti setem 100% bagi aktiviti perbendaharaan meletakkan Malaysia sebagai destinasi pilihan utama syarikat multinasional.
Ekonomi Hijau & Peralihan Tenaga: Pelanjutan Galakan Cukai Teknologi Hijau (GITA) sehingga 2030 dan peruntukan grid/tenaga bernilai RM17 bilion (melalui TNB, UEM Lestra, dan KWAP) memperkukuh infrastruktur tenaga dan daya saing negara dalam menarik pelaburan mampan.
Pembangunan Wilayah Strategik: Nexus Sedenak sebagai kawasan industri baharu di utara JS-SEZ, SEZ Sibu, NCER Agribio Economic Zone, Lumut Maritim Industrial City (LuMIC) dan ketersediaan insentif Pejabat Keluarga di Forest City akan terus memacu pelaburan termasuk syarikat peneraju (Queen Bee) serta pengurusan kekayaan antarabangsa.

Memperkasa Keupayaan Syarikat Tempatan dan Rantaian Bekalan Domestik (#InvestLokal)

Pembiayaan Strategik Sektor Berteknologi Tinggi: Pelaburan RM25 bilion di bawah GLIC GEAR-uP, termasuk RM1.2 bilion untuk rantaian semikonduktor dan RM100 juta Dana Pelaburan Strategik Pulau Pinang, menyokong pembangunan syarikat semikonduktor dan pembuatan termaju, memperkukuh keupayaan industri dan mempercepatkan anjakan syarikat tempatan ke segmen bernilai tinggi seperti reka bentuk cip dan pembuatan pintar.
Mengukuhkan Daya Saing PKS: Tambahan RM5 bilion Kemudahan Bantuan Kestabilan PKS, potongan cukai hingga RM5 juta bagi vendor automotif tempatan memindahkan operasi ke Automotive Hi-Tech Valley (AHTV) Tanjong Malim, Perak, hab sokongan NCT InnoSphere Kulim, Kedah serta pembiayaan dalam bentuk geran padanan bagi mendapatkan Sijil Halal akan memperkasakan integrasi PKS ke dalam rantaian bekalan global.

Membangunkan Bakat Tempatan, Meningkatkan Gaji Bermaruah dan Akses Bakat Global

Pembangunan Tenaga Kerja Mahir: Peruntukan RM8 bilion untuk TVET, RM3 bilion melalui HRD Corp untuk latihan kemahiran serta Program Bakat MADANI, dan penubuhan Melaka Centre of Excellence memastikan bekalan tenaga kerja berkemahiran tinggi yang menyokong pertumbuhan industri bernilai tinggi.
Gaji minimum: Kadar gaji minimum dinaikkan kepada RM2,000 sebulan mulai Jun 2027, manakala gaji minimum RM2,500 bagi pekerja separa mahir dan graduan serta RM3,100 hingga RM3,400 bagi pekerja GLIC dan GLC, mencerminkan komitmen untuk meningkatkan kesejahteraan pekerja dan menggalakkan pengagihan pendapatan yang lebih saksama.
Bakat Global: Kemudahan kebenaran bekerja bagi pasangan pemegang Pas Penggajian Kategori I yang memenuhi syarat, berkuat kuasa 1 Januari 2027, berpotensi meningkatkan tarikan Malaysia kepada pakar dan bakat profesional antarabangsa.

Menerusi pendekatan whole-of-government dan agenda #InvestLokal, MIDA komited bekerjasama rapat dengan para pemegang taruh termasuk Kementerian Pelaburan, Perdagangan dan Industri (MITI), kementerian dan agensi kerajaan lain serta pihak industri bagi memudah cara dan mempercepat pelaksanaan projek yang diluluskan—sekali gus memastikan pelaburan berkualiti tinggi ini memperkukuh industri tempatan, mewujudkan pekerjaan bernilai tinggi, dan menjana manfaat ekonomi yang meluas kepada rakyat. Infografik ringkasan inisiatif pelaburan dan industri Belanjawan 2027 disertakan di Lampiran I.

Lampiran I

-TAMAT–

Mengenai MIDA

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

Untuk pertanyaan media, sila hubungi:

Cik Yusni Md. Yusop
Pengarah, Bahagian Perancangan Strategik & Advokasi Polisi (Perkilangan) Tel.: +603-2267 3681
E-mel: [email protected]

Belanjawan 2027: Malaysia Perkukuh Kedudukan Sebagai Hab Pelaburan Berimpak Tinggi, Memacu Syarikat Tempatan ke Rantaian Nilai Global

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PENANG, MALAYSIA, 8 October 2026 — TANAKA MEP Refinery Sdn. Bhd., a joint venture between Japan-based TANAKA Precious Metal Technologies Co., Ltd. and Malaysia-based MEP Enviro Technology Sdn. Bhd., today inaugurated its groundbreaking facility at Batu Kawan Industrial Park, Penang. The RM70 million investment will establish Malaysia’s first 4N precious metal refining factory, producing high-purity precious metals at 99.99% purity and positioning the country as a regional
leader in advanced refining capabilities.

Developed on approximately three acres of land with a built-up area of 45,000 square feet, the facility will focus initially on producing 4N high-purity gold and potassium gold cyanide (PGC) for the electronics and semiconductor industries. Commercial operations are expected to commence in the first quarter of 2029.

The groundbreaking ceremony was officiated by TYT Tun Dato’ Seri Utama Haji Ramli bin Ngah Talib, Yang di-Pertua Negeri Pulau Pinang, together with YAB Chow Kon Yeow, Chief Minister of Penang, and attended by representatives from the state and federal government, industry, and relevant agencies.

YAB Chow Kon Yeow, Chief Minister of Penang, said, “Penang is proud to host Malaysia’s first 4N precious metal refining facility, adding another ecosystem partner to our established E&E and semiconductor ecosystem. With more than five decades of
industrial excellence, Penang has developed an increasingly comprehensive ecosystem spanning design, manufacturing, testing, equipment and supporting companies. The presence of TANAKA MEP Refinery contributes to strengthening our industrial
capabilities while supporting greater resource recovery and the development of a more sustainable and circular industrial ecosystem in Penang.”

Malaysia’s manufacturing sector continues to attract significant quality investments. In the first half of 2026 (1H2026) alone, the sector recorded RM51.3 billion in approved investments across 973 projects, expected to create 64,555 new jobs, underscoring the
country’s competitive position in high-value manufacturing. Penang, among top investment recipients, recorded RM17.3 billion in approved manufacturing investments in H12026, up 38.1% from the corresponding period last year.

YBhg. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said, “The establishment of this facility strengthens Malaysia’s capabilities in higher-value precious metal
recovery and refining, while supporting important downstream industries including electrical and electronics and semiconductors. More importantly, the partnership demonstrates how investment can contribute to a more integrated and circular manufacturing ecosystem by recovering valuable materials and returning them to the industrial supply chain.”

“MIDA welcomes investments that deepen Malaysia’s industrial capabilities, introduce higher-value activities and create stronger linkages across the domestic supply chain. We will continue to work closely with TANAKA MEP Refinery and our partners in Penang to facilitate the implementation of this project and support its long-term growth in Malaysia,” he added.

MIDA has collaborated closely with TANAKA MEP Refinery and stakeholders throughout the project development phase and will remain engaged as implementation progresses. The Agency will facilitate connections with Malaysia’s broader manufacturing ecosystem and identify opportunities for local industry participation in the supply chain.

Mr. Ong, Director of MEP Enviro Technology, said the project Phase 1 will spend RM35 million focus on the production of 4N (99.99%) high-purity gold and potassium gold cyanide (PGC), which are widely used in the electronics and semiconductor
industries.

“Through this partnership, we aim to establish a more complete precious metal recycling value chain, from recovery and high-purity refining to returning valuable materials back into the manufacturing supply chain,” said Mr. Ong.

Mr. Tomoyuki Tada, Chief Operating Officer of TANAKA Precious Metal Technologies Co., Ltd., said that upon completion, the facility is expected to become Malaysia’s first 4N precious metal refining factory, strengthening Penang’s capabilities
in high-value precious metal recovery and refining while supporting the region’s electrical and electronics (E&E) and semiconductor industries.

The establishment of the facility is expected to further strengthen Penang’s manufacturing ecosystem by adding high-purity precious metal refining capabilities that support the requirements of the E&E and semiconductor industries, while contributing
to a more circular industrial value chain.

From Left to Right:
1. YB Goh Choon Aik – EXCO Penang, Trade and National Unity Committee
2. YB H’ng Mooi Lye – EXCO Penang, Local Government and Town & Country Planning
3. Mr. Tomoyuki Tada – Chief Operating Officer, TANAKA Precious Metal Technologies Co., Ltd.
4. YAB Tuan Chow Kon Yeow – Chief Minister of Penang
5. TYT Tun Dato’ Seri Utama Haji Ramli Bin Ngah Talib – Yang Di-Pertua Negeri of the State of Penang
6. Dato’ Ivan Ong – Director of MEP Enviro Technology Sdn. Bhd.
7. Mr. Wataru Wada – Senior General Manager, Manufacturing Department, TANAKA Precious Metal Technologies Co., Ltd.
8. Mr. Machida Shinya – Consul-General of Japan in Penang
9. Mr. Sean Ong – Director of MEP Enviro Technology Sdn. Bhd.

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

Media Contact:

Puan Zakiah Sajidan
Director, Machinery & Metal Technology Division

Tel: +603-2267 6769
Email: [email protected]

About Invest Penang

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

Media Contact:

Elaine Cheah / Ong Yih Hwa
Communications & Business Intelligence
Tel: +604 646 8833
Email: [email protected] / [email protected]

About TANAKA MEP Refinery
TANAKA MEP Refinery Sdn. Bhd. is a joint venture between Malaysia-based MEP Enviro Technology Sdn. Bhd. and Japan-based TANAKA Precious Metal Technologies Co., Ltd., with a planned total investment of approximately RM70 million. The new facility will bring advanced precious metal refining capabilities to Malaysia, with the capability to produce 4N gold to internationally recognised quality standards.

Media Contact:
Ms. Milkie Chua
PA to Director
Tel: +60 12 507 5551
Email: [email protected]

TANAKA MEP Breaks Ground on RM70 Million High-Purity Precious Metal Refining Facility in Penang

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PENANG, MALAYSIA, 8 October 2026 — KYZEN, a global leader in innovative precision cleaning solutions for electronics and advanced manufacturing industries, today officially celebrated the grand opening of its new facility in Penang, Malaysia, marking a significant milestone in the company’s continued growth and long-term commitment to the country, building on more than 16 years of operations in Penang.

The new facility represents a substantial financial commitment, further contributing to Malaysia’s economic development and strengthening the nation’s position as a strategic hub for advanced manufacturing and technology-driven industries.

The grand opening ceremony was attended by YB Tuan Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry (MITI), representatives from MIDA and Invest Penang, industry partners, customers, suppliers, and members of the business community.

From Left to Right:
Mr. Vincent Lim – Operations Manager, KYZEN
⁠Mr. Lee Kil Jung – General Manager, KYZEN
Encik Saiful Rizal – Head, Post-Investment & Implementation, InvestPenang
⁠YB Tuan Sim Tze Tzin – Deputy Minister of Investment, Trade and Industry (MITI)
⁠Mr. Erik Miller – President & COO, KYZEN Group
⁠Encik Muhammad Ghaddaffi Sardar Mohamed – Director, MIDA Penang
Mr. Ronnie Teoh – Sales Leader for Southeast Asia, KYZEN

Strengthening Manufacturing Excellence in Malaysia

The newly inaugurated facility significantly expands KYZEN’s operational capabilities and staffing capacity, positioning the company to better support the growing needs of customers across Malaysia and the Asia-Pacific region.

The facility is designed to enhance production capacity, improve product delivery, and strengthen technical support services while incorporating advanced manufacturing technologies and sustainable operating practices.

Key highlights include:

Expanded production and operational capabilities;
Enhanced support for semiconductors, electronics, automotive, medical devices, and industrial manufacturing sectors;
Advanced technology and innovation-driven manufacturing processes; and • Sustainable and environmentally responsible operations.

This investment reflects KYZEN’s confidence in Malaysia’s strong industrial ecosystem, highly skilled workforce, strategic location, and conducive investment environment.

KYZEN’s expansion adds to sustained investment activity in Malaysia’s manufacturing sector, which secured RM51.3 billion in approved investments across 973 projects in the first half of 2026, according to MIDA.

MIDA continues handholding investors such as KYZEN throughout their investment journey, facilitating project implementation and expansion while strengthening linkages with Malaysia’s broader industrial ecosystem. The agency remains focused on attracting and supporting quality investments that contribute to technological advancement, high

skilled employment, and stronger domestic capabilities.

Continued Confidence in Malaysia

Since establishing its presence in Malaysia more than 16 years ago, KYZEN has continually invested in expanding its capabilities to meet the rapidly evolving needs of the electronics and advanced manufacturing industries.

The new facility marks an important milestone in the company’s investment journey and demonstrates its long-term commitment to supporting local industry development, technological advancement, and talent growth.

The investment also aligns with Malaysia’s aspirations to attract quality investments, deepen the industrial value chain, and create high-skilled employment opportunities.

“KYZEN’s expansion in Penang is more than an investment in facilities. It is a commitment to innovation, people, and the future of advanced manufacturing. By bringing world-class cleaning technologies and technical expertise closer to its customers in Southeast Asia, KYZEN is strengthening the region’s manufacturing ecosystem while creating valuable opportunities for local talent and industry collaboration,” said YBhg. Tuan Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry (MITI).

YBhg. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said, “KYZEN’s continued expansion after more than 16 years in Penang reflects the confidence that established investors continue to place in Malaysia’s manufacturing ecosystem. More importantly, investments such as this support the continued growth of our semiconductor, electronics and advanced manufacturing industries. This is aligned with the New Industrial Master Plan 2030, which seeks to strengthen Malaysia’s industrial capabilities, deepen domestic linkages, and encourage greater technological advancement. MIDA will continue to work closely with KYZEN and our partners to facilitate its growth in Malaysia, while strengthening industry linkages and creating quality opportunities for Malaysian businesses and talent.”

“Today’s grand opening marks a significant milestone for KYZEN in Malaysia. We are extremely proud of this new facility, which enables us to better serve our customers across the region while creating quality employment opportunities and supporting the development of advanced manufacturing capabilities in Malaysia. We are thrilled to continue offering our industry-leading chemistries and lab services from this improved space,” said KYZEN President and Chief Operating Officer R. Erik Miller.

“We also commend our KYZEN Clean Team in Penang for their dedication in serving our customers in Southeast Asia, throughout the move and transition to this new facility.”

Supporting Innovation and Talent Development

Beyond its economic contribution, KYZEN remains dedicated to fostering innovation, technology transfer, and talent development in Malaysia. The company will continue collaborating with industry stakeholders, educational institutions, and government agencies to support the development of future-ready skills and strengthen the country’s competitiveness in advanced manufacturing.

The new facility is expected to play a key role in supporting regional growth, enhancing supply chain resilience, and delivering innovative solutions to customers throughout the Asia-Pacific region.

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

Media Contact

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

About KYZEN

KYZEN is a global leader in providing environmentally responsible, RoHS compliant precision cleaning chemistries for industries ranging from electronics and advanced packaging to metal finishing and aerospace applications. Since its founding in 1990, KYZEN’s innovative cleaning technologies, scientific expertise and customer support have been repeatedly recognized with the industry’s most prestigious awards. For more information, visit www.kyzen.com.

Media Contact

Lina Ong
Senior Marketing Coordinator
Tel: +604-630 3000
Email: [email protected]

Kyzen Expands Malaysia Presence with New Penang Facility, Strengthening Advanced Manufacturing Capabilities

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The Malaysian Investment Development Authority (MIDA) will strengthen its role in facilitating green investments and business linkages at the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) 2026, taking place from 7 to 9 October 2026 at the Kuala Lumpur Convention Centre (KLCC).

As a longstanding strategic partner of IGEM since 2010, MIDA continues to drive Malaysia’s transition toward a sustainable economy by actively promoting high-impact green investments. At IGEM, MIDA will host its dedicated pavilion at Hall 1 (Booths 1088–1093), serving as a one-stop hub for end-to-end business facilitation. Visitors and prospective investors can connect directly with MIDA to explore green technology incentives—such as the Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE)—and discover strategic opportunities across renewable energy, decarbonization, and ESG-aligned projects.

The MIDA Pavilion will showcase Malaysia’s investment opportunities in green technology, renewable energy and the broader energy transition, while providing investors and industry players with an opportunity to engage directly with MIDA on investment facilitation and available incentives.

The MIDA Pavilion is supported by six Gold Partners, which will be present at the pavilion. Our partners are Pekat Group Berhad, EPE Switchgear (M) Sdn. Bhd., LuMIC Development Sdn. Bhd., SPD Tech Valley Sdn. Bhd., Kulim Technology Park Corporation Sdn Bhd. and Tamco Switchgear Sdn. Bhd.

The pavilion is also supported by four Silver Partners, ReNikola Sdn. Bhd., Ramatex Textiles Sdn. Bhd., Gading Kencana Sdn. Bhd. and Shizen Malaysia Sdn. Bhd.

The strong participation of these industry partners reflects the close collaboration between MIDA and the private sector in advancing Malaysia’s green investment ecosystem and supporting the country’s energy transition agenda.

Through the MIDA Pavilion, investors, project developers and Malaysian companies will have opportunities to engage with MIDA and explore potential investment and business linkages across the green technology and renewable energy value chains.

Visit the MIDA Pavilion at Hall 1, Booth No. 1088–1093, and discover how MIDA can support your investment and business expansion opportunities in Malaysia.

Connecting Investors with Malaysia’s Renewable Energy Supply Chain

As part of IGEM 2026, MIDA will also organise its inaugural Renewable Energy Supply Chain Programme on 8 October 2026 (Thursday), from 11.15 a.m. to 4.30 p.m. at the Hospitality Lounge, Hall 1.

For the first time, MIDA is introducing a dedicated supply chain programme focused specifically on renewable energy, building on its established supplier-matching approach to connect Malaysian businesses with anchor companies.

The programme is designed to strengthen local participation in the renewable energy value chain and create opportunities for Malaysian companies to integrate into the supply chains of major renewable energy projects.

The programme will feature a Supply Chain Forum and Business Matching Session, providing a platform for targeted engagements between anchor companies and Malaysian businesses to explore potential collaboration, supply opportunities and business partnership.

About IGEM 2026

The International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) 2026 will take place from 7 to 9 October 2026 at the Kuala Lumpur Convention Centre (KLCC) under the theme “Race Towards Net Zero: Action Beyond Boundaries.” The 17th edition of IGEM brings together industry players, policymakers, investors, technology providers and other stakeholders to showcase innovative green technologies, sustainable solutions and opportunities across the green economy.

As one of Southeast Asia’s leading green technology platforms, IGEM 2026 is expected to feature approximately 450 exhibition booths, attract 60,000 visitations, welcome participation from 50 countries, and generate RM22.5 billion in potential business leads. The event will feature exhibitions, conferences, business matching and networking opportunities, providing a platform for collaboration, investment and knowledge exchange.

The theme, “Race Towards Net Zero: Action Beyond Boundaries,” reflects the growing need to accelerate climate action through stronger collaboration across industries, sectors and countries. IGEM 2026 aims to highlight practical solutions, technologies and partnerships that can support the transition towards a net-zero and more sustainable future.

For detailed event information, please visit: https://www.igem.my/

IGEM 2026

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KUCHING, 29 September 2026 – The Sarawak Government today launched the Sarawak Global Supply Chain and Sourcing Programme 2026 at the Pullman Hotel, Kuching, reaffirming its commitment to strengthening industrial linkages, developing local enterprises, and enhancing Sarawak’s participation in regional and global supply chains.

The inaugural programme, aimed at building a more resilient supply chain ecosystem in Sarawak, was officiated by The Honourable Datuk Amar Haji Awang Tengah bin Ali Hasan, Deputy Premier of Sarawak, Minister for International Trade, Industry and Investment, and Second Minister for Natural Resources and Urban Development Sarawak.

Led by the Ministry of International Trade, Industry and Investment (MINTRED) and the Malaysian Investment Development Authority (MIDA), in collaboration with the Malaysia External Trade Development Corporation (MATRADE), InvestSarawak, the
Regional Corridor Development Authority (RECODA), and the Sarawak Digital Economy Corporation (SDEC), the programme brings together multinational corporations (MNCs), anchor companies, investors, government agencies, and local enterprises to explore sourcing, procurement, and partnership opportunities.

In his keynote address, the Deputy Premier emphasised that Sarawak has entered a new phase of industrial development, where the focus extends beyond attracting investments to ensuring that these investments generate meaningful economic value through stronger local participation, technology transfer, skills development, and integration into global supply chains.

Sarawak’s investment momentum remains strong, having secured RM116 billion in approved investments across the primary, manufacturing, and services sectors between 2021 and 2025, with domestic investments accounting for 61 per cent of the total. The State also recorded RM10.8 billion in approved investments in the first half of 2026, reflecting continued investor confidence in Sarawak’s economic direction, infrastructure, and green energy capabilities. MIDA continues to work closely with the Sarawak Government and relevant agencies to facilitate high-quality investments, strengthen local sourcing, and create greater opportunities for Sarawak-based companies to participate more meaningfully in regional and global supply chains.

The Honourable Datuk Amar Haji Awang Tengah bin Ali Hasan highlighted the importance of developing a comprehensive industrial ecosystem around major investments, particularly in strategic sectors such as advanced manufacturing and semiconductors, green energy, downstream oil and gas and petrochemicals, green metals, hydrogen and clean technologies, the digital economy and artificial intelligence, aerospace and precision engineering, as well as agriculture and food manufacturing.

He encouraged Sarawakian enterprises to seize the opportunities presented by the programme by enhancing competitiveness, embracing digital transformation, investing in technology, adopting international standards, and strengthening workforce capabilities to meet global market demands.

The programme also serves as a platform for multinational corporations and anchor companies to strengthen engagement with local suppliers and service providers, fostering long-term commercial partnerships and developing a more resilient and diversified supply chain ecosystem in Sarawak.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said, “Our focus is not only attracting anchor investments, but also on ensuring that these investments open up more opportunities for local companies. Through this programme, we are bringing anchor companies and Sarawak-based businesses together to better understand procurement requirements, identify capability gaps, and build stronger business linkages. We want to see more Sarawak companies become suppliers and partners to these investors, strengthen their capabilities, and ultimately position themselves to participate in regional and global supply chains. MIDA will continue to work closely with the Sarawak Government and our strategic partners to help make this happen.”

“This reflects the spirit of #InvestLokal – ensuring that investments translate into stronger local capabilities, deeper industry linkages and greater opportunities for Malaysian businesses,” he added.

According to the Deputy Premier, collaboration among industry players, government agencies, financial institutions, academia, and technology providers is essential to building a competitive industrial environment that supports sustainable economic
growth.

The two-day programme features networking sessions, knowledge-sharing forums, business matching engagements, and business clinics designed to facilitate collaboration between local enterprises and global industry players. With attendance of more than 300 participants, the programme aims to turn business connections into tangible commercial outcomes, including supplier development, investment opportunities, technology transfer, and job creation.

In concluding his address, The Honourable Datuk Amar Haji Awang Tengah bin Ali Hasan called on all stakeholders to work to strengthen Sarawak’s industrial ecosystem and enhance the State’s position as a strategic and reliable hub within regional and
global supply chains. He then officially launched the Sarawak Global Supply Chain and Sourcing Programme 2026.

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

-END-

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered
in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit https://www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok
and YouTube channels.

FOR MEDIA ENQUIRIES, PLEASE CONTACT:

Media Contacts
Puan Rozita Ibrahim
Director, Domestic Investment Division
Tel: (603) 2267 3498
Email: [email protected]

About MINTRED

The Ministry of International Trade, Industry and Investment Sarawak (MINTRED) is the Sarawak Government ministry responsible for driving industrial development, facilitating investment, promoting international trade and supporting the growth of
SMEs and entrepreneurs. The Ministry plays a key role in positioning Sarawak as a preferred investment destination and trading partner by facilitating business and investment opportunities, strengthening industry capabilities and supporting the State’
s overall economic development.

Media contacts
Ms. Lo Sheau Sia
Deputy Permanent Secretary
Tel: 082-495748
Email: [email protected]

MINTRED and MIDA Launch Sarawak Global Supply Chain andSourcing Programme 2026 to Connect Local Businesses with Regional and Global Value Chains

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Strengthening collaboration to promote Malaysia as a premier investment destination across ASEAN, China, Korea and Taiwan through OCBC’s network.
Supporting the development of local business ecosystems and connecting Malaysian companies to regional and global supply chains to reinforce Malaysia’s position as a preferred investment hub in ASEAN.

Kuala Lumpur, 28 September 2026 – OCBC Bank (Malaysia) Berhad and its Islamic banking subsidiary OCBC Al-Amin Bank Berhad (collectively, OCBC Malaysia) and the Malaysian Investment Development Authority (“MIDA”) today signed a Memorandum of Understanding (MOU) to attract sustainable, high-value investments from ASEAN, China, Korea and Taiwan and support the development of local business ecosystems.

The partnership combines MIDA’s expertise in investment promotion and facilitation with OCBC Malaysia’s banking and financing capabilities, and extensive regional network, to advance the objectives of the MOU.

The MOU was signed by Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA; Mr. Tan Chor Sen, Chief Executive Officer of OCBC Bank (Malaysia) Berhad; and Tuan Syed Abdull Aziz Syed Kechik, Chief Executive Officer of OCBC Al-Amin Bank Berhad.

Activities Under the MOU

Under the MOU, both parties will collaborate on market outreach, investment missions and industry engagements, share investor leads and market insights, and undertake knowledge-sharing and capacity-building initiatives, alongside joint promotional activities to showcase Malaysia’s value proposition to prospective investors.

As part of efforts to strengthen the local business ecosystem, OCBC Malaysia and MIDA will facilitate strategic partnerships and business-matching opportunities between anchor investors and local enterprises, including SMEs. OCBC Malaysia will also provide tailored financing solutions, tapping on the broader OCBC Group ecosystem, to support investments, capacity building and business growth. The partnership builds on a longstanding relationship between the two organisations.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said, “Attracting quality investment is only part of the equation. The real measure of success is the lasting value these investments create for Malaysian businesses and talent. Through this partnership with OCBC Malaysia, we can reach investors earlier, connect them with the right local partners, and draw on OCBC’s regional network to showcase Malaysia’s strengths to key growth markets. Together, we aim to attract investments that advance the high-value sectors under NIMP 2030, including advanced manufacturing and renewable energy, while helping local companies build the financial, technical and ESG capabilities they need to grow and integrate into regional and global supply chains.”

Mr. Tan Chor Sen, Chief Executive Officer of OCBC Bank (Malaysia) Berhad, said “Through our OCBC One Connect platform, we will leverage our extensive regional network and will work closely with MIDA to showcase Malaysia’s strengths and opportunities to a broader pool of investors spanning ASEAN, China, Korea and Taiwan. Equally important, we want to ensure these investments deliver meaningful and lasting economic benefits by enabling Malaysian companies to participate more actively in the opportunities they create, whether through strategic business partnerships, or integration into global and regional supply chains. Through this collaboration, we aim to support a more vibrant and resilient business ecosystem that contributes to Malaysia’s long-term economic development.”

Beyond investment promotion and ecosystem development, both organisations will collaborate on professional development and knowledge exchange in areas such as financial analysis, risk management, and environmental, social and governance (ESG) practices.

(From left to right): Mr. Tan Chor Sen, Chief Executive Officer of OCBC Bank (Malaysia) Berhad; Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA and Tuan Syed Abdull Aziz Syed Kechik, Chief Executive Officer of OCBC Al-Amin Bank Berhad

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

Mr. Tan Chor Sen, Chief Executive Officer of OCBC Bank (Malaysia) Berhad

-END-

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered
in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit
www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and
YouTube.

FOR MEDIA ENQUIRIES, PLEASE CONTACT:

MIDA
Ms. Lim Ming Yee
Director, Foreign Investment Division, MIDA
Email: [email protected]
Tel: +60322673762

About OCBC

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is one of the world’s most highly-rated banks, with Aa1 by Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC is the second largest financial services group in Southeast Asia by assets. The Group offers a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Its insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the leading asset management companies in Southeast Asia. Its brokerage subsidiary, OCBC Securities, is one of the leading securities firms in Singapore.

The Group’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has close to 390 branches and representative offices in 19 countries and regions.

OCBC offers Islamic banking products and services in Malaysia through its wholly-owned subsidiary, OCBC Al-Amin Bank Berhad.

For more information, please visit www.ocbc.com.my

For media queries, please contact:

Ann Lim
Head
Brand and Communications
OCBC
HP: 012- 629 0977
Email: [email protected]

Sharie Elina Ibrahim
Executive Director
Brand and Communications
OCBC
HP: 012 – 6826 300
Email:
[email protected]

MIDA and OCBC Malaysia Sign Strategic Partnership to AttractQuality Investments and Strengthen Local Business Ecosystems

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New Gurun, Kedah Facility to Support 300,000-Tonne Annual Capacity and Strengthen Malaysia’s Regional Manufacturing and Supply Chain Position

KEDAH, MALAYSIA, 24 September 2026 – LB Group Co., Ltd. (SZ: 002601), a global leader in titanium dioxide (TiO2) and advanced inorganic chemical materials, today marked a significant milestone in its international expansion with the groundbreaking ceremony for its Malaysian subsidiary, LB Advanced Material Asia Sdn. Bhd., at the Gurun Heavy Industrial Park (GHIP), Kedah.

Spanning 60.1 acres, the new facility represents a total investment of RM1 billion (approximately USD245 million), with RM600 million investment for Phase 1. The facility will be developed in phases, with a planned annual production capacity of
300,000 tonnes upon completion, strengthening LB Group’s manufacturing footprint and supply chain capabilities in Southeast Asia.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said, “LB Group’s decision to establish its manufacturing facility in Gurun, Kedah, is a strong vote of confidence in
Malaysia’s industrial ecosystem and our potential as a regional manufacturing hub. Its investment in titanium dioxide (TiO2) and advanced inorganic chemical materials will strengthen our capabilities in high-value manufacturing and contribute to the
development of a more complex and resilient chemical industry, in line with the New Industrial Master Plan 2030 and the Chemical Industry Roadmap 2030. MIDA together with the Kedah State Government will continue to facilitate the project’s
implementation, strengthen linkages with local suppliers and maximise the wider economic opportunities arising from this investment.”

Mr. Liang Sun, Director of LB Advanced Materials Asia Sdn. Bhd. emphasised, “Malaysia offers exceptional strategic advantages, robust heavy industrial infrastructure, and a welcoming investment environment. Gurun’s direct access to major highway and rail networks seamlessly connects us to Penang Port, ensuring optimal export efficiency. Establishing LB Advanced Material Asia allows us to better serve our regional and global clients while navigating international trade dynamics with greater flexibility.”

As a leading global manufacturer of titanium dioxide, LB Group operates an integrated value chain covering titanium minerals, titanium dioxide and titanium sponge, alongside businesses in zirconium products and new energy materials. Its flagship 2 BILLIONSTM brand serves more than 1,500 clients globally across a wide range of applications, including coatings, plastics, inks and paper.

The project is expected to create over 300 skilled employment opportunities for Malaysians while contributing to the development of Kedah’s industrial and chemical manufacturing ecosystem.

-END-

About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered
in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit
www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and
YouTube.

About LB Group
Founded in 1955 and headquartered in Jiaozuo, Henan Province, China, LB Group is listed on the Shenzhen Stock Exchange (SZ: 002601). The group specializes in titanium dioxide ( TiO2 ), sponge titanium, zirconium products, and new energy materials, with an annual TiO2 capacity exceeding 1.51 million tonnes.

FOR MEDIA ENQUIRIES, PLEASE CONTACT:

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

LB Group
Sun Liang
Director, LB Advanced Material Asia Sdn. Bhd.
E: [email protected]
T: +6017-2900586

LB Group Komited Melabur RM1 Bilion, Memperkukuh Industri Bahan Kimia Termaju Malaysia

Fasiliti Baharu di Gurun, Kedah Menyokong Kapasiti Pengeluaran Tahunan 300,000 Tan dan Memperkukuh Kedudukan Malaysia dalam Industri Perkilangan serta Rantaian Bekalan Serantau

KEDAH, MALAYSIA, 24 September 2026 – LB Group Co., Ltd. (SZ: 002601), pengeluar terkemuka global dalam pengeluaran titanium dioksida (TiO2) dan bahan kimia bukan organik termaju, hari ini mencatat satu lagi pencapaian penting dalam
pengembangan antarabangsa Kumpulan itu menerusi upacara pecah tanah bagi anak syarikatnya di Malaysia, LB Advanced Material Asia Sdn. Bhd., di Taman Perindustrian Berat Gurun (GHIP), Kedah.

Fasiliti baharu yang dibangunkan di atas Kawasan seluas 60.1 ekar ini melibatkan jumlah pelaburan sebanyak RM1 bilion (kira-kira USD245 juta), dengan pelaburan sebanyak RM600 juta bagi Fasa 1. Fasiliti ini akan dibangunkan secara berfasa
dengan kapasiti pengeluaran sehingga 300,000 tan setahun apabila siap sepenuhnya,sekali gus memperluas kehadiran operasi LB group serta memperkukuh keupayaan rantaian bekalannya di Asia Tenggara.

Ketua Pegawai Eksekutif Lembaga Pembangunan Pelaburan Malaysia (MIDA), Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, berkata, “Keputusan LB Group untuk menubuhkan kemudahan pembuatan di Gurun, Kedah merupakan keyakinan yang
kukuh terhadap ekosistem perindustrian Malaysia serta potensi negara sebagai hab pembuatan serantau. Pelaburan dalam titanium dioksida dan bahan kimia bukan organik termaju ini akan memperkukuh keupayaan Malaysia dalam pembuatan bernilai tinggi serta menyumbang kepada pembangunan industri kimia yang lebih kompleks dan berdaya tahan, selaras dengan Pelan Induk Perindustrian Baharu 2030 (NIMP 2030) dan Pelan Hala Tuju Industri Kimia 2030. MIDA bersama Kerajaan Negeri Kedah akan terus memudah cara pelaksanaan projek ini, memperkukuh hubungan dengan pembekal tempatan serta memaksimumkan manfaat ekonomi yang lebih luas daripada pelaburan ini.”

Pengarah LB Advanced Material Asia Sdn. Bhd., En. Liang Sun, berkata, “Malaysia menawarkan kelebihan geografi yang strategik, kemudahan infrastruktur industri berat yang komprehensif, serta persekitaran pelaburan yang kondusif. Lokasi di Gurun
dengan akses melalui Lebuhraya Utara-Selatan dan rangkaian rel menghubungkan secara terus ke Pelabuhan Pulau Pinang. Penubuhan LB Advanced Material Asia membolehkan kami melayani pelanggan global dan regional dengan lebih berkesan
sambil meningkatkan ketahanan rantaian bekalan global kami.”

Sebagai peneraju global dalam pengeluaran titanium dioksida, LB Group mengendalikan rantaian nilai bersepadu yang merangkumi mineral titanium, titanium dioksida dan span titanium, selain perniagaan dalam produk zirkonium dan bahan
tenaga baharu. Jenama utamanya, BILLIONSTM, membekalkan produk kepada lebih 1,500 pelanggan di seluruh dunia bagi pelbagai aplikasi, termasuk salutan, plastik, dakwat dan kertas.

Projek ini dijangka mewujudkan lebih 300 peluang pekerjaan berkemahiran kepada rakyat Malaysia, di samping menyumbang kepada pembangunan ekosistem perindustrian dan pembuatan bahan kimia di Kedah.

-TAMAT

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

Mengenai LB Group
Ditubuhkan pada tahun 1955 dan beribu pejabat di Jiaozuo, Wilayah Henan, China, LB Group disenaraikan di Bursa Saham Shenzhen (SZ: 002601). Kumpulan ini pakar dalam pengeluaran titanium dioksida (TiO2), span titanium, produk zirkonium, dan
bahan tenaga baharu, dengan kapasiti tahunan TiO2 melebihi 1.51 juta tan.

UNTUK PERTANYAAN MEDIA, SILA HUBUNGI:

MIDA
Siti Halimaton Mohd. Rejab
Pengarah, Bahagian Kimia dan Bahan Termaju
Email: [email protected]
Tel.: +603- 2267 6701

LB Group
Sun Liang
Director, LB Advanced Material Asia Sdn. Bhd.
E: [email protected]
T: +6017-2900586

LB Group Commits RM1 Billion Investment, Strengthening Malaysia’s Advanced Chemical Industry

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KUALA LUMPUR, 14 September 2026 – The Malaysian Investment Development Authority (MIDA) today brought together government, industry and investment stakeholders at Data Centre Nexus (DCN) 2026 to advance Malaysia’s digital infrastructure ecosystem and explore opportunities arising from the rapid growth of artificial intelligence (AI), cloud computing and data centres.

Held for the second consecutive year under the theme “Advancing AI-Driven Digital Infrastructure and Sustainable Ecosystems,” this event convenes data centre operators, technology companies, government agencies, financial institutions and Malaysian supply chain companies to discuss the next phase of Malaysia’s evolving data centre ecosystem.

The event featured a keynote address by YB Tuan Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry (MITI), with Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Chairman of MIDA, delivering the luncheon remarks and Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, delivering the welcoming remarks.

From Investment to Economic Value

In his keynote address, YB Tuan Sim Tze Tzin highlighted the need for Malaysia’s digital infrastructure growth to translate into broader economic outcomes, particularly in AI adoption, home-grown innovation, skilled talent and higher-value jobs.

“As the scale and pace of investment increase, our priorities must evolve with the industry. The next phase is about what that capacity delivers — AI adoption, home-grown innovation, skilled talent and higher-value jobs. We want Malaysia recognised as a competitive, resilient and sustainable digital hub, where infrastructure, technology, talent and innovation converge to create high-value economic activity. The next phase must carry us from building capacity to building capability, from attracting investment to creating value, and from single projects to a whole ecosystem. Ultimately, our success will be measured not by the investment or capacity we attract, but by the capabilities we build, the businesses we strengthen and the opportunities we create for Malaysians.”

Malaysia has recorded RM385.7 billion in data-centre-related investments from 2021 to the first half of 2026, reflecting strong investor confidence in the country’s digital infrastructure capabilities. Major global operators and investors, including AWS, Microsoft, Google, Bridge Data Centres, DayOne, AirTrunk and Vantage Data Centres, have established or expanded their presence in Malaysia, particularly in Greater Kuala Lumpur and Johor.

For Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, the opportunity extends beyond the physical development of data centres to the wider economic spillover that can be built around them.

“Data centres are a critical driver of our digital and compute economy, but their true measure of success lies well beyond the data halls themselves. Attracting investment was only ever the first step. Our responsibility now is to build an industry that is sustainable, inclusive and enduring. Ultimately, we will not measure our success by the scale of investment we attract, but by the value we build around it – stronger Malaysian businesses, deeper local capabilities, and lasting opportunities for our people.”

The wider ecosystem spans engineering, construction, electrical systems, cooling, telecommunications, cybersecurity and logistics, creating opportunities for Malaysian companies to strengthen capabilities and participate in the ecosystem.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid emphasised that MIDA’s focus is increasingly centred on building an ecosystem that can capture greater value from the sector’s growth.

“This year, we are not only asking how we grow the industry, but how we create lasting value for Malaysia. AI is advancing at remarkable pace, and it rests on a foundation of computing power and digital infrastructure — yet that growth must be matched by responsibility, in how carefully we manage our energy, water and land, and in the capabilities, we build here at home. In the end, our goal is simple: we do not just want more data centres in Malaysia. We want an ecosystem that is competitive, innovative and sustainable.”

A Programme Built on Four Strategic Priorities

Building on the discussions from DCN 2025, this year’s programme focused on four strategic pillars shaping Malaysia’s next phase of digital infrastructure development:

AI-Driven Digital Infrastructure – strengthening compute capacity, connectivity and financing to support the growing demand for AI and digital services.
Sustainable and Resource-Efficient Infrastructure – advancing energy efficiency, renewable energy adoption, water stewardship and responsible data centre operations.
Local Ecosystem and Industrial Spillovers – strengthening domestic supply chains, creating skilled jobs and enabling Malaysian companies to build capabilities across the digital infrastructure value chain.
Digital Technology Accessibility – expanding cloud and digital technology across businesses and communities to support wider participation in the digital economy.

The programme featured industry discussions including “Building Malaysia’s Compute & Connectivity Future,” with representatives from Google, Bridge Data Centres, YTL AI Labs, Indah Water Konsortium and Tenaga Nasional Berhad.

The session “Developing Malaysia’s Data Centre Supply Chain & Industrial Ecosystem” brought together Cipta Industrial, Powerwell Holdings Berhad and Delta Electronics Solutions to discuss opportunities for Malaysian manufacturers to strengthen their capabilities in supporting the ecosystem.

Sustainability was explored through “Green Solutions for Sustainable Data Centre Operations,” featuring Princeton Digital Group, Digital Realty, Gading Kencana and Northern Solar Holdings Berhad, while “Financing Malaysia’s Digital Infrastructure Future” examined financing solutions with Citi and AmBank Group.

Afternoon sessions continued discussions on compute and connectivity, domestic supply chains, green energy and resource efficiency, and cloud and digital technology adoption, before concluding with the Executive Spotlight Series on the evolving cloud and compute landscape.

Connecting Global Players with Malaysian Businesses

A dedicated Business Matching session provided a platform for data centre companies and Malaysian businesses to explore potential partnerships and supply chain opportunities.

Following the inaugural DCN in 2025, which connected 8 data centre companies, and 17 supply chain companies, the 2026 session further strengthened linkages between global players and Malaysian businesses, with 14 data centre companies and 51 local vendors participating.

The key ecosystem companies participating included critical equipment manufacturers such as Panasonic, Delta Electronics, Dunham-Bush, Powerwell International, Cipta Industrial as well as service providers across the data centre value chain, including Gading Kencana, Ancom Energy, Northern Solar and Ditrolic Energy.

Building a Sustainable Digital Infrastructure Ecosystem

With data centre electricity demand projected to exceed 5,000 MW by 2035, sustainability remains central to the sector’s development. The Government has strengthened sustainability requirements through Power Usage Effectiveness (PUE) and Water Usage Effectiveness (WUE) metrics, alongside renewable energy initiatives including the Corporate Green Power Programme (CGPP), Large Scale Solar (LSS) and Corporate Renewable Energy Supply Scheme (CRESS).

The Data Centre Task Force (DCTF), co-chaired by MITI and the Ministry of Digital, provides a coordinated mechanism to govern and facilitate data centre investments, with MIDA serving as the single focal point for new and expansion applications.

As the nation’s principal investment promotion and development agency, MIDA facilitates investments throughout the investment journey and, through #InvestLokal initiative, strengthens linkages between global investors and Malaysian businesses to expand local participation and build stronger domestic capabilities.

**From Left to Right**

1. Mr. Nicholas Chia, CEO of Aolani
2. Mr. Lee Yon Soon, General Manager, Commercial of YTL
3. Mr. Anushirwan Tun Ismail, Country Director, Malaysia K2
4. Ms. Lim Pei Jet, Board Member of MIDA
5. Ms. Yeoh Siew Peng, SVP Commercial Banking, AmBank (M) Berhad
6. Mr. Firdaus Fadzil, Head of Public Policy, Malaysia, ByteDance
7. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA
8. YB Tuan Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry (MITI)
9. Mr. Eric Fan, CEO of BDC
10. Mr. Vikram Singh, CEO of Citi
11. Mr. Amirul Ashraf Roslan, Resourcr Manager, DayOne
12. Mr. Ken Siah, Principal for Global Infrastructure, Asia Pacific, Google
13. Ms. Nabila Hussain, Director, Government Affairs & Public Policy, Microsoft

**From Left to Right**

1. Mr. Ch’ng Eng Yong, Country Manager, Malaysia, Delta
2. Mr.Asher Ling, Group CEO (Govt & Large Business), TNB
3. Mr. Rizwal Zakaria, Business Development Director, EdgeConneX
4. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA
5. YB Tuan Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry (MITI)
6. YBhg. Dato’ Guntor Tobeng, Group Managing Director, Gading Kencana Sdn. Bhd.
7. Mr. Tham Chee Aun, Group CEO of Ditrolic Energy8. Mr. Wong Jun Pin, CEO of Ancom Energy & Services Sdn. Bhd.
9. Mr. Wong Sang Sing, Operations Director of Norther Solar
10. Mr. Azman Abdullah, Deputy General Manager Marketing, Dunham-Bush Industries Sdn. Bhd.

-END-

About MIDA

For media inquiries, please contact:

MIDA

Ms. Noorzita Mohamad Nor
Director, Business Services and Regional Operations Division, MIDA
Email: [email protected]
Tel: 603-2263 2438

MIDA Charts Next Phase for Malaysia’s Data Centre Sector: From Attracting Investment to Building Value for SMEs and Malaysians

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New Shah Alam facility strengthens Malaysia’s chocolate-manufacturing capability, builds local technical expertise and supports future regional supply.

SHAH ALAM, 11 September 2026– Mondelēz International Mondelēz International today officially launched its completed RM 90 million Crumb Tower at the Cadbury Confectionery plant in Shah Alam. The company’s single largest investment at the site reinforces its long-term confidence in Selangor and Malaysia as a strategic base for advanced chocolate manufacturing.

The investment builds on more than 50 years of Mondelēz’s manufacturing presence in Selangor, where Cadbury products have been made since 1974. It strengthens the Shah Alam plant’s chocolate manufacturing capabilities through greater automation, advanced process technology and enhanced operational efficiency supporting Malaysia’s competitiveness in high-value food manufacturing.

Central to the investment is the production of chocolate crumb, a key building block in the chocolate-making process. Previously imported from markets including South Africa and Australia, crumb can now be produced locally in Shah Alam. This strengthens the site’s self-sufficiency, builds supply-chain resilience and creates capacity to support markets beyond Southeast Asia.

The Crumb Tower integrates three advanced manufacturing systems: a fully enclosed high-capacity powder handling system, a new-generation T-reactor, the first of its design in Malaysia and an advanced fat handling system engineered to rigorous process-safety standards. Together, they enable a highly automated and digitally controlled production process. The facility was designed to meet international quality and food-safety standards, with Halal requirements integrated at every stage of production.

The Crumb Tower was officially launched by YAB Dato’ Seri Amirudin bin Shari, Dato’ Menteri Besar Selangor, who recognised the investment as a reflection of Selangor’s continued ability to attract and retain high-value manufacturing activities.

“Mondelēz’s continued investment in Shah Alam reflects the confidence global companies place in Selangor’s industrial ecosystem and talent. Investments in advanced technology and local capabilities are important to strengthening Selangor’s position as a competitive destination for high-value manufacturing.”

Echoing the significance of the investment to Malaysia’s broader manufacturing landscape, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), who was also present at the launch, said, “MIDA is pleased to have supported Mondelēz International in the development of its Crumb Tower at the Cadbury manufacturing facility in Shah Alam This investment reflects the company’s continued confidence in Malaysia as a strategic manufacturing base, while demonstrating the value that quality investment can bring through advanced technology, local talent development, stronger domestic supply chains, and future export opportunities.

“Importantly, the localisation of chocolate crumb production strengthens Malaysia’s manufacturing capabilities and supply chain resilience. Food manufacturing remains one of our most resilient and fastest-growing sub-sectors — securing RM4.9 billion in approved investments in the first half of 2026,

a 40.9 per cent increase year-on-year. We welcome Mondelēz International’s continued commitment to Malaysia and its contribution towards strengthening our position as a competitive regional hub for high-value and halal food manufacturing.”

Simon Crowther, Managing Director of Mondelēz International Malaysia and Singapore, said the investment reflects the company’s confidence in Malaysia and the capabilities built at its Shah Alam operations over the past five decades. “The Crumb Tower reflects our continued commitment to investing in Malaysia and strengthening our manufacturing capabilities through advanced technology and local expertise. By producing crumb locally, we are building greater self-sufficiency while positioning Shah Alam to play a larger role within our regional manufacturing network.”

The Crumb Tower is a significant milestone for our Southeast Asia manufacturing and supply chain network. By bringing chocolate crumb production in-house at Shah Alam, we are not only strengthening supply-chain resilience and leveraging domestic production but also building world-class technical capabilities locally. The advanced systems we’ve integrated here — from the new-generation T-reactor to the automated powder and fat handling systems – set a benchmark for operational excellence. This positions the Shah Alam plant as a true reference site within our global manufacturing network and underscores our confidence in Malaysian talent and expertise.” Nitin Binnani, SEA MSC Director, Mondelez International added.

Beyond production capacity, the investment is designed to strengthen local technical capabilities. Increased automation reduces the need for manual powder and fat handling while expanding the use of process control, data analysis and sophisticated equipment maintenance. Malaysian engineers and operators have been trained to manage the new systems, developing specialised manufacturing expertise locally.

The project has also supported the development of Malaysian suppliers. Local suppliers involved in the technology are now qualified to support other Mondelēz sites globally, extending the impact of the investment beyond the plant and building capability across the local manufacturing ecosystem.

The launch of the Crumb Tower further strengthens the long-standing relationship between Mondelēz International and Selangor. Since establishing manufacturing operations in Shah Alam in 1974, the company has continued to invest in the site to serve Malaysian consumers as well as export markets.

With this latest investment, the Shah Alam facility is positioned as a reference plant for chocolate crumb operations within Mondelēz’s global manufacturing network demonstrating how advanced technology, Malaysian expertise and long-term investment can strengthen Malaysia’s role in regional and global manufacturing.

**From Right to left**
1. Puan Surayu Susah, Executive Director Manufacturing Development (Resource), MIDA
2. Simon Crowther, Managing Director of Mondelēz International Malaysia and Singapore
3. YAB Dato’ Seri Amirudin bin Shari, Dato’ Menteri Besar Selangor

###

About Mondelēz International (Malaysia)

Mondelēz International (Malaysia) is part of the Mondelēz International group of companies which empowers people to snack right in over 150 countries around the world, with a strong presence in Southeast Asia. With 2024 net revenues of approximately $36.4 billion, Mondelēz International is a member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index.

Mondelēz International is leading the future of snacking with iconic global and local brands such as Cadbury Dairy Milk chocolate, Cadbury Zip chocolate wafer, Cadbury 5 Star chocolate, Toblerone

chocolate, OREO cookies, Chipsmore cookies, Jacob’s biscuits, Tiger biscuits, Philadelphia cheese, Kraft cheese, Chacho’s chips, Chipster chips, Twisties snacks and many more. We’ve been part of Southeast Asia for more than 70 years, with operations in Malaysia, Indonesia, the Philippines, Singapore, Thailand and Vietnam. Our +7,000 colleagues work across our ten manufacturing locations (including plants in Shah Alam and Prai), two research and development technical centers and our sales and marketing network to create products that people can truly love and feel good about. From wholesome treats to indulgent bites, consumers can enjoy the right snack, for the right moment, made the right way.

Visit mondelezinternational.com and follow us on social media: facebook.com/mondelezinternational, instagram.com/mondelēz_international, linkedin.com/company/mondelezinternational and twitter.com/MDLZ

For media enquiry, please contact:

Mondelēz International (Malaysia)
Beatrice Wang
[email protected]

PR Agency: Archetype Agency Malaysia
Aisyah Adlina
[email protected]

About MIDA

MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit https://www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channels.

For media enquiries, please contact:

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

Mondelēz International Unveils MYR 90 Million Investment in Crumb Tower, Deepening Commitment to Selangor and Malaysia

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Kuantan, PAHANG, 8 September 2026 — Lembaga Pembangunan Pelaburan Malaysia (MIDA) terus memperkukuh usaha menarik dan memudah cara pelaburan ke Wilayah Pantai Timur menerusi kerjasama strategik bersama Kerajaan Negeri Pahang, Kelantan dan Terengganu serta lebih 10 agensi Kerajaan, bagi membuka lebih banyak peluang kepada pelabur dan syarikat tempatan.

Usaha ini diketengahkan menerusi Seminar Pelaburan Wilayah Pantai Timur 2026 bertemakan “Memacu Pembangunan Pelaburan dan Bumiputera di Koridor Pantai Timur”, yang berlangsung di AC Hotel by Mariott, Kuantan hari ini dan menghimpunkan lebih 400 peserta terdiri daripada syarikat tempatan, termasuk PKS dan Bumiputera, syarikat mid-tier, pelabur, pemain industri, institusi kewangan serta agensi Kerajaan.

Penyertaan pelbagai agensi strategik menerusi seminar dan sesi Klinik Perniagaan mencerminkan pendekatan menyeluruh kerajaan dalam menyediakan fasilitasi yang lebih komprehensif, termasuk membantu komuniti perniagaan menangani isu berkaitan kelulusan dan pelaksanaan projek, operasi perniagaan, utiliti, tenaga kerja dan percukaian.

YBhg. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Ketua Pegawai Eksekutif MIDA

Ketua Pegawai Eksekutif MIDA, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, dalam ucaptama di seminar tersebut berkata, “Kehadiran pelabur, syarikat tempatan dan agensi Kerajaan di bawah satu bumbung pada hari ini mencerminkan komitmen bersama untuk mengetengahkan dan merealisasikan peluang pelaburan serta memperkukuh ekosistem industri di Wilayah Pantai Timur. Dari 2021 hingga Jun 2026, Pahang, Kelantan dan Terengganu merekodkan RM61.4 bilion pelaburan diluluskan, melibatkan 1,746 projek dan dijangka mewujudkan lebih 30,000 peluang pekerjaan. Ini menunjukkan potensi serta peluang pelaburan yang luas kepada para pelabur asing dan domestik di Wilayah Pantai Timur.

MIDA akan terus mempergiat usaha mengetengahkan peluang pelaburan di Pantai Timur, dengan sokongan berterusan agensi Kerajaan untuk merealisasikan minat dan hasrat pelaburan serta memastikan pembangunan di wilayah ini terus menyumbang kepada pertumbuhan ekonomi negara yang lebih inklusif dan seimbang, selaras dengan aspirasi Kerangka Ekonomi MADANI,” katanya.

YAB Dato’ Seri Ir. Dr. Ahmad Samsuri Mokhtar, Menteri Besar Terengganu merangkap Pengerusi Jawatankuasa Ekonomi, Kewangan, Pelaburan, Tanah dan Sumber Asli negeri berkata, Terengganu dan Wilayah Pantai Timur mempunyai potensi yang besar untuk menarik pelaburan baharu, khususnya dalam sektor bernilai tinggi.

“Wilayah Pantai Timur berpotensi berkembang sebagai koridor ekonomi dan pelaburan yang lebih berdaya saing, disokong oleh pembangunan infrastruktur strategik termasuk ECRL. Terengganu akan terus memperkukuh kerjasama dengan MIDA bagi menarik pelaburan berkualiti dalam sektor bernilai tinggi, di samping memastikan limpahan pertumbuhan ekonomi dapat dinikmati oleh rakyat serta membuka lebih banyak peluang kepada syarikat dan usahawan tempatan.”

Bagi Pahang, kekuatan ekosistem industri dan infrastruktur sedia ada terus menyediakan asas kukuh untuk menarik pelaburan bernilai tinggi. YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib, Pengerusi Jawatankuasa Pelaburan, Perindustrian, Sains, Teknologi dan Inovasi Negeri Pahang, berkata:

“Pahang mempunyai ekosistem industri dan infrastruktur yang kukuh, termasuk Pelabuhan Kuantan serta kawasan perindustrian sedia ada. InvestPahang juga sentiasa mencari ruang untuk menambah baik proses dan mempercepatkan kelulusan dalam konteks ‘ease of doing business’. Kerajaan Negeri akan terus bekerjasama dengan MIDA untuk menarik pelaburan bernilai tinggi dan memperluas peluang kepada syarikat tempatan.”

Sementara itu, YB Dato’ Mejar (B) Md Anizam Ab Rahman, Pengerusi Jawatankuasa Pelaburan, Perindustrian, Sumber Manusia, Perdagangan dan Keusahawanan Negeri Kelantan berkata kedudukan strategik Kelantan membuka peluang untuk memperkukuh perdagangan dan pelaburan serantau.

“Kedudukan Kelantan sebagai gerbang perdagangan dengan Thailand serta kekuatan dalam sektor halal, industri berasaskan sumber dan logistik menawarkan peluang baharu kepada pelabur. Kerajaan Negeri akan terus bekerjasama dengan MIDA untuk menarik pelaburan dan memperkukuh penyertaan syarikat tempatan dalam ekosistem pelaburan.”

ECRL PEMANGKIN PELABURAN WILAYAH PANTAI TIMUR

Antara tumpuan utama perbincangan seminar ialah peranan East Coast Rail Link (ECRL) sebagai pemangkin pertumbuhan pelaburan di Wilayah Pantai Timur. ECRL, yang dijangka mula beroperasi pada Januari 2027, bakal meningkatkan kesalinghubungan, kecekapan logistik serta akses kepada pasaran dan rantaian bekalan.

Perkembangan ini dijangka membuka ruang kepada aktiviti baharu di sepanjang koridor ECRL, termasuk hab logistik, pembangunan berorientasikan transit dan kargo serta projek industri dan ekonomi berkaitan.

MIDA akan terus bekerjasama dengan Kerajaan-kerajaan Negeri dan agensi berkaitan bagi mengenal pasti serta memudah cara peluang pelaburan yang dapat memanfaatkan pembangunan ECRL, di samping memperluas penyertaan syarikat tempatan dalam rantaian bekalan.

MEMPERLUAS PELUANG KEPADA SYARIKAT TEMPATAN

Menerusi seminar ini, MIDA menegaskan tumpuannya untuk memastikan pelaburan asing dan domestik menghasilkan limpahan kepada ekosistem tempatan, termasuk peluang dalam bidang pembekalan, logistik, penyelenggaraan, perkhidmatan teknikal, pemprosesan dan komponen.

Turut diadakan ialah sesi Apresiasi dan Showcase Pra-Penyenaraian yang mengiktiraf dua syarikat tempatan, iaitu FDI Group dari Pahang dan Upstream Downstream Process & Services Sdn. Bhd. dari Terengganu. Inisiatif ini berhasrat menggalakkan PKS dan syarikat mid-tier meneroka peluang IPO, meningkatkan kesedaran akses kepada pasaran modal sebagai sumber pertumbuhan, selain menjadi role model untuk syarikat-syarikat di Wilayah Pantai Timur.

Usaha ini turut diperkukuh menerusi inisiatif #investlokal yang diketengahkan MIDA, iaitu memperkukuh pelaburan domestik dan mengekalkan bakat tempatan supaya rakyat di wilayah ini terus berpeluang menyumbang kepada pertumbuhan di negeri-negeri Pantai Timur.

Dalam sesi Bicara Inspirasi pula, keupayaan syarikat tempatan seperti Ain Medicare Sdn. Bhd. dari Kelantan dan Elektro Serve (Malaysia) Sdn. Bhd. dari Terengganu turut diketengahkan sebagai contoh potensi syarikat tempatan untuk berkembang ke sektor bernilai tinggi dan pasaran lebih luas.

Menerusi sesi Klinik Perniagaan, lebih 10 agensi Kerajaan menyediakan akses terus kepada komuniti perniagaan dan pelabur. Lebih 70 syarikat telah mendapatkan khidmat fasilitasi meliputi aspek kelulusan, operasi, utiliti, tenaga kerja, cukai dan pelaksanaan projek.

MIDA akan terus memperkukuh kerjasama dengan Kerajaan Negeri Pahang, Kelantan dan Terengganu serta agensi strategik bagi memastikan Pantai Timur terus berkembang sebagai destinasi pelaburan yang berdaya saing, inklusif dan bernilai tinggi, di samping memperluas manfaat pertumbuhan kepada syarikat tempatan dan usahawan Bumiputera.

YH Dato’ Kamarul’arifin Bin Ahmad @ Abd Rahman, Pegawai Pelaburan Perniagaan Negeri Pahang

Dari Kiri ke Kanan:

YBrs. Encik Mohd Riduan Abd. Rahman, Pengarah Eksekutif (Fasilitasi Pelaburan) MIDA
YBrs. Encik Wan Zulfadli Syahman bin Wan, Pengarah Unit Perancang Ekonomi Negeri Kelantan
YH Dato’ Kamarul’arifin Bin Ahmad @ Abd Rahman, Pegawai Pelaburan Perniagaan Negeri Pahang
YBhg. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Ketua Pegawai Eksekutif MIDA
YBrs. Encik Mohd Fadhli Jusoh, Pengurus Unit Invest Terengganu
YBrs. Encik Faizal Jalaludin, Pengarah Eksekutif Penggalakan Pelaburan MIDA

-TAMAT-

Mengenai MIDA

Untuk pertanyaan media, sila hubungi:

MIDA
Rozita Ibrahim
Pengarah, Bahagian Pelaburan Tempatan, MIDA
Emel: [email protected]
Tel: +603-2267 3479

MIDA Perkukuh Potensi Wilayah Pantai Timur Sebagai Destinasi Pelaburan Berkualiti Dan Bernilai Tinggi

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Penang, 4 September 2026 – SkyGate NHJ Technology Sdn. Bhd. has officially opened its new manufacturing facility in the Perai Free Industrial Zone, Penang, marking a step further in the company’s commitment to establishing a technology-driven precision engineering operation in Malaysia.

Established on 14 July 2025, SkyGate NHJ Technology Sdn Bhd is a joint venture between a subsidiary of Penang-based SkyGate Solutions Berhad and Singapore-based New Jin Hai Pte. Ltd. The partnership combines SkyGate Solutions’ local presence and network with New Jin Hai’s more than three decades of experience in precision engineering.

The new facility occupies approximately 36,000 square feet of manufacturing space and is designed to support digitalised CNC manufacturing, automation and advanced machining capabilities. The facility is equipped with advanced horizontal and 5-axis
CNC machining technologies to enhance manufacturing precision, productivity and efficiency.

YAB Mr. Chow Kon Yeow, the Chief Minister of Penang, said, “SkyGate NHJ Technology’s partnerships could create opportunities beyond investment in manufacturing capacity, including technology transfer, localisation and the development of new capabilities within Penang’s local ecosystem. Penang is home to more than 30 automated test equipment (ATE) companies, supported by over 80 ecosystem partners across automation, precision engineering and semiconductor manufacturing. SkyGate NHJ Technology’s precision manufacturing capabilities, serving sectors ranging from semiconductors and electronics to medical, optical and aerospace, position the company well to contribute to this wider high-technology ecosystem.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), said, “SkyGate NHJ Technology’s investment reflects the kind of collaboration Malaysia seeks to attract, one that brings together local participation with international expertise, technology and know-how. Beyond the investment itself, their partnership will strengthen local capabilities, nurture engineering talent and advance Malaysia’s aspiration under the New Industrial Master Plan (NIMP) 2030 to move towards higher-value and more technology-intensive manufacturing.”

“MIDA remains committed to supporting companies as they expand their operations and contribute to Malaysia’s advanced manufacturing ecosystem,” he added.

Mr. Li Jian, the CEO of SkyGate NHJ Technology, said, “We will leverage New HongJi’s core technological strengths in ultra-precision components, thin-wall and complex-shaped components, and the application of automation technologies, while
integrating these capabilities with Malaysia’s local manufacturing expertise and processes. Our goal is to establish a manufacturing benchmark that combines both efficiency and precision. We will also provide an open platform for local industry players to connect, exchange knowledge and learn from one another, while actively integrating into Penang’s industrial ecosystem. Through these efforts, we aim to create high-skilled employment opportunities, strengthen collaboration across the upstream and downstream supply chains, and contribute to the advancement of Penang’s manufacturing sector towards greater precision, efficiency, digitalisation and intelligent manufacturing.”

Caption: From left to right:
1. Mr. Zhu Lian (Makino China)
2. Mr. Neo Eng Chong (Makino Asia)
3. Mr. Tay Seng Chew (SkyGate Group)
4. YB H’ng Mooi Lye (Penang State Executive Council)
5. YAB Tuan Chow Kon Yeow (Chief Minister of Penang)
6. Mr. Jian Li (CEO of SkyGate NHJ)
7. Ms. Maiju Lepomäki (Embassy of Finland, Kuala Lumpur)
8. Mr. Goh Kiang Teng (SkyGate Group)

9. Mr. Mikko Nyman (CEO Fastems)

-End-

About MIDA

MIDA is the government’s principal investment promotion and development agency
under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive
investments into the manufacturing and services sectors in Malaysia. Headquartered
in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA
partners with investors at every stage of their journey, supporting sustainable growth
and long-term value creation for Malaysia. For more information, please visit
www.mida.gov.my/ and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok
and YouTube.

About InvestPenang

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

About SkyGate NHJ Technology

SkyGate NHJ Technology is a joint venture between a subsidiary of Penang-based
SkyGate Solutions Berhad and Singapore-based New Jin Hai Pte. Ltd. Their
partnership will concentrate on producing metal forming machinery fabricating metal
components, and manufacturing machine tools. It aims to serve Malaysia’s growing
semiconductor industry, leveraging New HongJi’s fully digitalized production
processes.

For media enquiries, please contact:

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

InvestPenang
Ms. Elaine Cheah / Ms. Ong Yih Hwa
Communications & Business Intelligence
Email: [email protected] / [email protected]
Tel.: +604-646 8833

SkyGate NHJ Technology
Mr. Yeoh Hooi Chong
Chief Operation Officer
Email: [email protected]
Tel.: +6010-219 1727

SkyGate NHJ Technology Sdn. Bhd. Opens New Manufacturing Facility in Penang

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Akses Terus Kepada Lebih 15 Agensi Kerajaan, Forum Pelaburan Bernilai Tinggi Dan Jaringan Bersama 300 Peserta Industri Dalam Satu Hari, Di Satu Lokasi.

Menghimpunkan syarikat tempatan dan Bumiputera, PKS, syarikat mid-tier, pelabur serta pemain industri dari Pahang, Kelantan dan Terengganu.
Memberi tumpuan kepada peluang pertumbuhan, peningkatan kapasiti, teknologi dan penyertaan syarikat tempatan dalam rantaian bekalan global.
ECRL diketengahkan sebagai pemangkin baharu pelaburan, logistik dan pembangunan ekonomi di sepanjang Koridor Pantai Timur.
Business Clinic menyediakan akses terus kepada lebih 15 agensi Kerajaan — termasuk Kastam, Imigresen, LHDN, PERKESO, TNB dan PLANMalaysia bagi membantu menangani isu operasi, pematuhan, tenaga kerja, kelulusan dan pelaksanaan projek.

Kuantan, Pahang, 2 September 2026 — Lembaga Pembangunan Pelaburan Malaysia (MIDA) akan menganjurkan Seminar Pelaburan Wilayah Pantai Timur 2026 bertemakan “Memacu Pembangunan Pelaburan dan Bumiputera di Koridor Pantai Timur” pada 8 September 2026 di AC Hotel, Kuantan, Pahang. Seminar ini menjadi platform untuk memperkukuh ekosistem pelaburan serta memperkasakan syarikat tempatan dan Bumiputera di Pahang, Kelantan dan Terengganu.

Menyasarkan penyertaan seramai 300 peserta, seminar ini akan menghimpunkan syarikat tempatan dan Bumiputera, Perusahaan Kecil dan Sederhana (PKS), syarikat mid-tier, pelabur, pemain industri, institusi kewangan serta agensi Kerajaan untuk meneroka peluang pertumbuhan baharu dan membina hubungan strategik di Wilayah Pantai Timur.

Seminar ini memberi fokus kepada peranan syarikat tempatan dalam membentuk ekosistem industri Pantai Timur yang lebih inklusif dan berdaya saing. MIDA mahu menggalakkan syarikat sedia ada untuk meningkatkan kapasiti pengeluaran, memperkukuh keupayaan teknologi, meningkatkan produktiviti dan bergerak ke arah aktiviti bernilai tambah lebih tinggi. Ini selaras dengan aspirasi Kerangka Ekonomi MADANI untuk memastikan manfaat pembangunan pelaburan dapat dirasai dengan lebih meluas oleh ekonomi dan masyarakat tempatan.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Ketua Pegawai Eksekutif MIDA, berkata, “Wilayah Pantai Timur mempunyai asas ekonomi dan industri yang kukuh serta potensi yang besar untuk berkembang sebagai koridor pelaburan yang lebih berdaya saing. Dengan peningkatan kesalinghubungan melalui ECRL, kekuatan sektor sedia ada serta peluang dalam sektor baharu dan bernilai tinggi, kita melihat ruang yang besar untuk syarikat tempatan dan Bumiputera berkembang bersama
pelaburan yang masuk ke rantau ini.”

“Yang paling penting, kita mahu PKS dan syarikat tempatan melihat perkembangan ini bukan hanya sebagai peluang untuk syarikat besar, tetapi sebagai peluang untuk mereka sendiri meningkatkan kapasiti, mengadaptasi teknologi, menjadi
pembekal kepada industri yang lebih besar dan menembusi pasaran baharu. Seminar ini merupakan salah satu platform untuk membantu mereka memahami peluang tersebut dan menghubungkan mereka dengan pihak yang boleh membantu
merealisasikannya,” tambah Datuk Sikh Shamsul Ibrahim.

Mengapa Anda Perlu Hadir

Memahami Kerangka Insentif Baharu (NIF) dan cara memohon insentif pelaburan yang bersesuaian dengan perniagaan anda.
Meneroka peluang sebenar daripada projek ECRL — dari logistik dan rantaian bekalan sehingga lokasi strategik di sepanjang koridor.
Menimba inspirasi daripada syarikat tempatan yang telah berkembang daripada PKS kepada pemain nasional dan global.
Membina jaringan strategik bersama pelabur, institusi kewangan dan 300 peserta industri dalam satu majlis.

Program yang Memacu Peluang dan Jaringan Perniagaan

Program ini akan menampilkan ucaptama oleh Ketua Pegawai Eksekutif MIDA, diikuti dengan sesi mengenai Kerangka Insentif Baharu (New Incentive Framework – NIF), Forum ECRL serta sesi “Dari Pantai Timur ke Persada Dunia” yang akan meneroka peluang pelaburan, kesalinghubungan serantau serta laluan untuk syarikat tempatan mengembangkan perniagaan ke pasaran yang lebih luas.

Program ini turut menampilkan Forum Penyertaan Ekonomi Bumiputera dan Sesi Ekosistem Halal yang memberi tumpuan kepada pengukuhan penyertaan syarikat tempatan serta pembangunan ekosistem halal dan keterjaminan makanan. Selain itu, Business Clinics akan menyediakan peluang kepada syarikat untuk berinteraksi secara langsung dengan Jabatan Kastam Diraja Malaysia, Jabatan Imigresen Malaysia, PERKESO serta agensi Kerajaan berkaitan bagi mendapatkan panduan dan penyelesaian berhubung isu operasi, pematuhan, tenaga kerja, kelulusan dan pelaksanaan projek.

Jangan Lepaskan Peluang — Daftar Sekarang

MIDA mengalu-alukan penyertaan PKS, syarikat tempatan dan Bumiputera, syarikat mid-tier, pelabur serta pemain industri untuk menyertai Seminar Pelaburan Wilayah Pantai Timur 2026.

Peserta digalakkan untuk mendaftar seawal mungkin bagi mendapatkan maklumat terkini, membina rangkaian perniagaan, meneroka peluang pelaburan dan mendapatkan akses terus kepada agensi Kerajaan melalui sesi Business Clinic.

Tempat penyertaan terhad kepada 300 peserta sahaja. Daftar sekarang bagi memastikan penyertaan anda.

Seminar Pelaburan Wilayah Pantai Timur 2026
8 September 2026 | AC Hotel, Kuantan, Pahang

Daftar sekarang: https://form.evenesis.com/MIDA-Seminar-Pelaburan-Wilayah-Pantai-Timur-2026

-TAMAT-

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

Untuk pertanyaan media, sila hubungi:

MIDA
Puan Rozita Ibrahim
Pengarah, Bahagian Pelaburan Tempatan, MIDA
Emel: [email protected]
Tel: +603-2267 3479

MIDA Anjur Seminar Pelaburan Wilayah Pantai Timur 2026, Perkasa PKS dan Syarikat Tempatan

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Approved projects set to create over 99,000 jobs, with manufacturing driving higher-skilled employment opportunities for Malaysians

What this means for Malaysia: RM218.5 billion in approved investments from January to June 2026, up 11.7% year-on-year (y-o-y), across 2,746 projects expected to create 99,030 jobs (+8.4%).

Investment came from both global and Malaysian businesses: Foreign Investment (FI) contributed for RM126.9 billion (58.1%), up 18.5% y-o-y, while Domestic Investment (DI) rose 3.5% to RM91.6 billion (41.9%).

Where the investment is going: services RM149.6 billion (68.5%); manufacturing RM51.3 billion (23.5%); primary RM17.6 billion (8.0%).

Top foreign investment sources^{^[1]}: United States (RM33.1 billion), Singapore (RM25.9 billion), Japan (RM22.3 billion), People’s Republic of China (RM16.5 billion), Cayman Islands (RM4.1 billion).

Top investment destinations: Selangor (RM70.0 billion), Johor (RM59.4 billion), W.P.Kuala Lumpur (RM26.6 billion), Pulau Pinang (RM20.2 billion), Sarawak (RM10.8 billion).

KUALA LUMPUR, 28 August 2026 – Approved investments in Malaysia reached RM218.5 billion in the first half of 2026 (1H 2026), covering 2,746 projects across the services, manufacturing and primary sectors. This is 11.7% higher than the RM195.5 billion recorded in the same period of 2025. More importantly for Malaysians, these approved projects are expected to create 99,030 jobs once fully implemented, 8.4% more jobs than the first half of 2025.

The 1H 2026 approvals equal 50.7% of the RM431.1 billion approved in the whole of 2025. The performance stands out commendably against a softening global backdrop – the International Monetary Fund’s July 2026 World Economic Outlook put world growth at 3.0% for the year, while Malaysia’s economy is projected to expand 4.7%, ahead of both the global and regional averages.^[1]

WHO IS INVESTING IN MALAYSIA

Foreign investments (FI) accounted for RM126.9 billion, or 58.1 % of total approved investments, an increase of 18.5% year-on-year. Domestic investments (DI) contributed RM91.6 billion, or 41.9%, representing a 3.5% year-on-year growth. Collectively, the figures reflect continued confidence from both international and Malaysian investors.

The United States was the largest foreign source at RM33.1 billion, followed by Singapore (RM25.9 billion), Japan (RM22.3 billion), People’s Republic of China (RM16.5 billion) and the Cayman Islands (RM4.1 billion). Together these five top sources supplied more than 80% of approved FI.

WHERE INVESTMENT IS CREATING OPPORTUNITIES

Investment was spread across key economic states and industries. Selangor led with RM70.0 billion across 835 projects, the highest number of approved projects among all states. Its services sector attracted digital investments in areas such as AI, big data analytics, cybersecurity, FinTech, cloud computing and IoT. Johor followed with RM59.4 billion, supported by the JS-SEZ and upcoming RTS Link connectivity. W.P. Kuala Lumpur recorded RM26.6 billion, including residential and serviced apartment developments linked to urban growth, transit-oriented development (TOD) and demand for more accessible housing. Pulau Pinang secured RM20.2 billion, led by advanced manufacturing and semiconductors, while Sarawak recorded RM10.8 billion, mainly from offshore oil and gas exploration projects.

SERVICES: DIGITAL GROWTH, WITH JOBS AND LOCAL OPPORTUNITIES

The services sector attracted the largest share of approved investments at RM149.6 billion, up 21.0%. Across 1,750 projects, these investments are expected to create 34,475 jobs.

FI in services rose 66.7% to RM86.9 billion, while domestic investments contributed RM62.7 billion (41.9%). This mix brings international capital into Malaysia while creating more room for local businesses and suppliers to participate in growing industries.

Information and communications led services growth, with approved investments rising 68.2% to RM103.3 billion. Data-centre and cloud-computing projects accounted for RM95.8 billion, close to 44.0% of all approved investments during the period, as demand for AI computing power continued to grow across the region.

Malaysia, ranked by UNCTAD among the world’s ten largest data-centre destinations^[2], has set a target of becoming an ‘AI nation’ by 2030. To manage the pace of expansion, the Data Centre Task Force, a strategic platform to streamline investment approvals on data centres, clears only those with secured power and water and demonstrable green compliance, while giving priority to operators that support the local supply chain.

Other Leading Services Sub-Sectors:

Real Estate: RM33.5 billion
Utilities: RM3.0 billion
Transport Services: RM2.9 billion
Support Services: RM2.3 billion

Examples of notable services projects are provided in Appendix I.

MANUFACTURING: MORE PROJECTS AND HIGHER-VALUE JOB OPPORTUNITIES

The manufacturing sector secured RM51.3 billion in approved investments across 973 projects. The number of projects rose 88.2% y-o-y, meaning more investments are being spread across a broader base of manufacturing activity. Manufacturing approved investments stood at RM51.3 billion in 1H 2026. While this was 25.1% below the exceptionally high level recorded in 1H 2025, the comparison reflects RM18.5 billion in lumpy projects approved in the basic metals, chemicals and non-metallic minerals industries during the same period last year. Excluding these projects, manufacturing approved investments grew 2.6% y-o-y.

Of the RM51.3 billion approved, RM25.8 billion or 50.3% came from new projects. Another RM25.5 billion, or 49.7%, came from companies expanding or diversifying existing operations. New projects rose 112.2% y-o-y, while reinvestment by established companies shows that businesses already operating in Malaysia continue to see opportunities to grow here.

FI contributed RM32.7 billion (63.8%) of the total approved investments in the manufacturing sector, while DI grew strongly by 23.0% y-o-y to RM18.6 billion.

Manufacturing remained the biggest source of expected new employment, with 64,555 jobs – 65.2% of all jobs expected from approved investments. The local MTS component grew 11.0% y-o-y to 21,677 jobs. This demonstrates that improvements in job quality directly benefits Malaysians. Furthermore, 19.7% of local manufacturing jobs offer monthly salaries of RM5,000 and above, up 7.7% y-o-y.

Leading Manufacturing Industries:

Electrical and Electronics (E&E): RM16.6 billion
Machinery and Equipment (M&E): RM7.5 billion
Chemicals and Chemical Products: RM5.5 billion
Transport Equipment: RM4.9 billion
Food Manufacturing: RM4.9 billion

Examples of notable manufacturing projects are provided in Appendix I.

These five largest industries made up 76.9% of manufacturing approvals, with machinery and equipment (up 44.8%) and food manufacturing (up 40.9%) among the fastest-growing.

Nearly one-third of approved manufacturing projects (31.0% or 302 projects) plan to export at least 80% of their output. The number of these highly export-oriented projects rose 57.3% y-o-y. E&E, M&E, fabricated metal products, plastic products, transport equipment and food manufacturing, together accounted for 70.9% of the overall 302 export-oriented manufacturing projects.

“The half-year performance is powered by our two largest economic engines – services and manufacturing sectors, and both showcase quality, not just scale of investments. Services grew 21%, led by digital and information-technology investment that is building the backbone for our AI Nation 2030 ambitions while creating opportunities across the wider economy. In manufacturing, an 88.2% jump in project numbers and the shift of semiconductor investment from back-end assembly towards front-end design and equipment clearly shows the operationalisation of the National Semiconductor Strategy. Investor confidence has also been reinforced by structural reforms that lifted Malaysia’s standing in the IMD World Competitiveness Ranking for 2026, 15th place out of 70 economies, Malaysia’s best placing in over a decade. Guided by the New Industrial Master Plan 2030, MIDA will continue to prioritise and implement investments that transfer technology, deepen local vendor participation and create high-value jobs for Malaysians.” — YM Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Chairman of MIDA

PRIMARY SECTOR: DOMESTIC COMPANIES TAKE ON LARGER ENERGY PROJECTS

The primary sector surged 414.0% y-o-y to RM17.6 billion, from RM3.5 billion in the same period of 2025. The increase came entirely from 23 offshore oil and gas projects, and has already exceeded the sector’s RM14.2 billion total for all of 2025. Domestic capital led the sector at RM10.3 billion, or 58.5%, highlighting the growing capacity of Malaysian companies to undertake large upstream projects. Sarawak drew the largest share at RM9.0 billion (51.1%), followed by Sabah at RM6.1 billion (34.9%). The increase came as prolonged disruption to global energy supply and higher crude prices pushed Asia-Pacific buyers to diversify their sources. As an established exporter of liquefied natural gas, Malaysia is positioned to attract capital seeking long-term energy security; its upstream industry is estimated to need RM50 billion to RM60 billion of investment a year, to meet rising demand. The Malaysia Bid Round 2026, which offers new exploration blocks in the Sandakan, Western Sarawak and Malay basins, is expected to support further activity.

FROM APPROVALS TO REAL JOBS AND OPERATIONS

Approvals have translated into activity on the ground. As of 18 August 2026, the Government approved a total of 5,822 manufacturing projects between the span of 2021 to June 2026.

87.0% have reached implementation, from construction through to production;

9.8% are in the planning phase, including site selection and consultations with developers; and

3.2% of projects were not implemented.

Annual data shows that:

More than 90% of manufacturing projects approved from 2021 to 2024 have been implemented.

Projects approved in 2025 and 1H 2026 have already recorded implementation rates of 83.8% and 65.5% respectively. These newer projects are still within the typical 18 to 24 months development cycle for completion, depending on project complexity.

Examples of implemented projects are provided in Appendix II.

PIPELINE OF HIGH-IMPACT INVESTMENTS CONTINUED MOMENTUM

As of 10 August, 2026, MIDA was reviewing 227 proposals worth RM72.1 billion, 128 services projects worth RM36.5 billion and 99 manufacturing projects worth RM35.6 billion. A further RM58.4 billion in high-potential leads was under discussion.

“Securing the commitment is only half the task; the other half is turning it into operating plants and jobs on the ground, and that is where MIDA’s facilitation work matters most. Through the Invest Malaysia Facilitation Centre (IMFC) and close coordination across ministries and agencies, we help investors clear regulatory and implementation hurdles quickly, which is reflected in the 86.3% of manufacturing projects approved since 2021 that have already moved into implementation. Our engagement does not end at approvals: we stay involved to handhold projects and, through #InvestLokal, deepen the participation of SMEs and local vendors, so that each ringgit committed becomes real capacity and skilled employment for Malaysians.” — Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA

Malaysia’s near-term outlook rests on resilient fundamentals, rising domestic participation and a pipeline concentrated in semiconductors, AI infrastructure, renewable energy and medical devices, even as global conditions remain uncertain.

*End*

About MIDA

The Malaysian Investment Development Authority (MIDA) is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

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/

Media Release

Appendix II

Infographic (English)

Infografik (BM)

For media enquiries, please contact:

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

[1]https://www.nst.com.my/business/economy/2026/07/1484690/malaysias-economy-seen-growing-47pct-2026-data-centre-tech-cycle-%E2%80%93

[2] UN Trade and Development (UNCTAD), Global Investment Trends Monitor No. 50 (January 2026)

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

APPENDIX I

NOTABLE APPROVED PROJECTS

First Half 2026 (January–June) Companion reference to the media release

Services Sector:

Island Hospital — Island Hospital – Penang | An expansion of Malaysia’s largest medical-tourism facility and its first Flagship Medical Tourism Hospital, awarded by the Malaysia Healthcare Travel Council. The 600-bed hospital, part of IHH Healthcare Malaysia’s Northern Cluster, has over 130 specialist doctors and 1,400 employees (100% Malaysian workforce), is moving towards quaternary care in complex disciplines including medical and surgical oncology and cardiology.

Gamuda Land / ASAI Gamuda Cove Hotel — ASAI Gamuda Cove (“AGCM”) is Gamuda Land’s first-ever hotel project, representing Dusit Hotels and Resorts’ first hospitality venture in Malaysia under their locally focused ASAI brand. As the first property signed under Dusit’s expanded “ASAI Tropical” model, the hotel offers more spacious, family-friendly room configurations and resort-style amenities. AGCM features 280 rooms across various categories and sizes catering to the different needs of visitors, along with dining and bar options, facilities and amenities, and business and event spaces, all with excellent accessibility from Kuala Lumpur City Centre, Kuala Lumpur International Airport, Putrajaya and Cyberjaya. The hotel is situated in Gamuda Cove, a township recognised as Malaysia’s first 5-Diamond Low Carbon City, directly adjacent to a 90-acre Wetlands Arboretum and a 1,111-acre wetlands sanctuary. Emphasising the sustainability milestones, the hotel itself targets GBI (Green Building Index) Silver Certification through eco-features such as solar PV panels, EV charging bays, and rainwater harvesting. With the scheduled opening in 2026, ASAI Gamuda Cove aims to create approx. 100 jobs and to promote responsible eco-tourism through community-based events and local cultural activities.

Manufacturing Sector:

Fastrain Technology — Fastrain, a company based in Perai, Penang, is expanding its operations with an additional investment of approximately RM919.8 million. The expansion spans three facilities dedicated to the manufacture of advanced photonic components and marine communication equipment for applications in high-speed communications, creating over 500 new job opportunities and bringing the company’s total workforce in Penang to over 1,200 employees. Fastrain also undertakes R&D activities to further enhance its products and technological capabilities, supporting the rapidly growing demand for high-speed communications applications.

Onetest Sdn. Bhd. — Penang | 223 jobs (>80% Malaysian Workforce) | An expansion across three Penang sites in high-precision IC test interface boards and probe cards for semiconductor testing, aligned with the NSS and NIMP 2030.

Pentamaster Equipment Manufacturing — RM598 million over 10 years (RM27.8 million capex) | Batu Kawan, Penang | 159 jobs (>80% local) | Pentamaster’s iFLEX is an AI-embedded, micro-precision automation platform delivering advanced systems and modules for medical, semiconductor and battery applications, supported by in-house design and programming capabilities. It supplies AI-enabled automation solutions to the semiconductor value chain under the National Semiconductor Strategy (NSS), while advancing smart manufacturing capabilities in support of Industry 5.0 and laying the foundation for future Industry 6.0. The versatility of iFLEX also enables its deployment in humanoid robotics production, supporting precision assembly, inspection, calibration and testing as the adoption of Physical AI continues to advance. The initiative is expected to generate broader positive spillovers for Malaysia’s industrial ecosystem by strengthening locally developed engineering, automation and technology capabilities, thereby reinforcing the “Made by Malaysia” proposition and enhancing Malaysia’s participation in higher-value segments of the global value chain. It will also create high-value, technology-driven jobs and support Malaysia’s transition away from a predominantly low-skilled labour model towards a more knowledge and innovation driven economy. Pentamaster will also deepen collaboration with local SMEs and suppliers to strengthen their technical capabilities, increase participation in advanced manufacturing activities and build a more resilient domestic supply chain. At the same time, the initiative will promote sustainable manufacturing practices through greater energy efficiency, resource optimisation, waste reduction, responsible sourcing and increased automation, supporting a more productive, sustainable and globally competitive manufacturing ecosystem.

UWC Technology — RM115.7 million (RM34.7 million capex) | Penang | 205 jobs (84% local, 74% skilled) | A wholly Malaysian-owned expansion manufacturing complex machinery, modules and parts for front-end semiconductor equipment, moving Malaysia up the value chain from back-end into front-end equipment, while simultaneously creating skilled employment. Beyond investment and manufacturing, UWC is also investing in Malaysia’s future talent pipeline. The company actively supports the development of skilled technical talent through apprenticeship sponsorships, TVET initiatives and participation in the Sistem Latihan Dual Nasional (SLDN).

Techbond Greentech — RM102.0 million | Negeri Sembilan & Selangor | 58 jobs | Produces specialised industrial adhesives and additives using Industry 4.0 smart sensors and palm-based polyols co-developed with the Malaysian Palm Oil Board, commercialising local research.

GoodScience — RM100 million | Rawang, Selangor | 50 jobs (100% local) | A Bumiputera-owned (Hanan Medicare) generic pharmaceutical diversification project to establish local manufacturing capabilities across 12 new therapeutic indications, including oncology. Nine products are listed on the National Essential Medicines List (NEML). Supported by in-house R&D and strategic technology transfer, the project will strengthen domestic manufacturing, reduce reliance on imported medicines and enhance Malaysia’s national medicine security.

Malaysia Secures RM218.5 Billion in Approved Investments In 1h 2026, With Domestic Investment in Manufacturing Up 23%

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Discover Your Next Big Innovation at URIIS 2026!

You are invited to URIIS 2026 — Malaysia’s platform connecting universities, industry, investors, startups and innovators to explore research, innovation, collaboration and investment opportunities.

📅 21–23 September 2026
📍 World Trade Centre Kuala Lumpur (WTCKL)
💼 Participant Pass: RM1,500/delegate
✅ HRD Corp Claimable (for eligible organisations)

✨ What’s in it for you?
🔹 Discover investment-ready technologies and commercialisable research
🔹 Connect with university researchers, innovators and industry leaders
🔹 Explore business, collaboration and investment opportunities
🔹 Build strategic partnerships between industry and universities
🔹 Discover emerging technologies and university spin-offs

⏰ Registration closes: 31 August 2026

👉 Register now: https://uriis.my/uriis-registration/

📞 Enquiries: 03-9769 1261 (URIIS 2026 Secretariat)

Turn research into innovation, investment and real-world opportunities. Be part of URIIS 2026! 🚀

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URIIS 2026 | University Research and Innovation Investment Summit 2026

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Renewed Memorandum of Understanding signed at the Hong Kong-Malaysia Business Seminar in Kuala Lumpur

KUALA LUMPUR, 12 August 2026: The Malaysian Investment Development Authority (MIDA) and Invest Hong Kong (InvestHK) today renewed their Memorandum of Understanding (MoU), reaffirming a partnership that spans more than four decades and setting a shared course to capture new investment opportunities across ASEAN, the Greater Bay Area and Mainland China. The renewal took place at the “Hong Kong: Your Strategic Springboard to Chinese Mainland and Malaysia” Business Seminar and Networking Lunch, held at Shangri-La Kuala Lumpur.

The MoU was signed by MIDA Chief Executive Officer YBhg. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid and Invest Hong Kong Director-General of Investment Promotion Ms. Alpha Lau, and witnessed by YB Tuan Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry (MITI), and The Honourable Mr. Algernon Yau, JP, Secretary for Commerce and Economic Development of the Hong Kong Special Administrative Region Government. It updates the original MoU signed in 2014, reflecting new areas of cooperation and the evolving priorities of both economies.

“Hong Kong has been among Malaysia’s trusted investment partners for more than four decades. In a world reshaped by shifting supply chains and new alignments, this renewed partnership could not be more timely,” said Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid. “It offers investors from Hong Kong and the Greater Bay Area a trusted gateway into ASEAN, and it gives Malaysian companies a bridge into Mainland China and global markets. MIDA will continue to stand beside every investor, at every stage of their journey.”

“Malaysia and Hong Kong are natural partners. As companies look to build resilient, future-ready operations, Hong Kong offers the capital, connectivity and professional services to take them global, while Malaysia offers the talent, ecosystem and gateway to ASEAN for growth. This renewed partnership will make it easier for businesses to move between our two markets and beyond,” said Ms. Alpha Lau, Director-General of Investment Promotion, Invest Hong Kong.

Hong Kong is among Malaysia’s most significant sources of foreign investment. From 1980 to March 2026, close to 1,000 manufacturing projects with Hong Kong participation have been approved in Malaysia, with a total investment value exceeding RM60 billion (approximately USD15.5 billion) and the potential to create almost 197,000 jobs. In 2025, Hong Kong ranked as Malaysia’s third-largest source of approved manufacturing investment, with projects valued at RM12.4 billion (approximately USD3.1 billion). Hong Kong companies have also established close to 250 approved projects in the services
sector, including regional bases, principal hubs and distribution and procurement centres.

Under the renewed MoU, the two agencies will jointly promote high value-added investment; facilitate Hong Kong companies investing into Malaysia and Malaysian companies expanding into Hong Kong; connect their ecosystems to enable joint ventures and supply-chain integration; and support one another’s investment missions, seminars and business-matching activities.

The partnership will place particular emphasis on the high-technology, high value-added sectors in which the two economies are strongly complementary, among them emiconductors and electronics, advanced manufacturing, the digital economy, new energy and pharmaceuticals.

The seminar forms part of a Hong Kong business delegation’s visit to Malaysia and follows the establishment of the Hong Kong Economic and Trade Office in Kuala Lumpur in December 2025. It brought together senior government representatives, investment promotion officials and business leaders from both economies to explore opportunities for closer cooperation and cross-border expansion.

MIDA reaffirmed its commitment to facilitating quality investments and supporting investors throughout their investment journey in Malaysia.

(Center, from left to right):
YBhg. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer, Malaysian Investment Development Authority (MIDA); The Honourable Mr. Algernon Yau, JP, Secretary for Commerce and Economic Development, Commerce and Economic Development Bureau, Hong Kong Special Administrative Region Government and YB Tuan Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry (MITI).

***End***

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

For more information, please contact:
Ms. Lim Ming Yee
Foreign Investment Division
Malaysian Investment Development Authority (MIDA)
Phone: +603-2267 6618 | Email: [email protected]

MIDA and Invest Hong Kong Renew Partnership to Deepen Two-Way Investment Between Malaysia and Hong Kong

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KAMUNTING, PERAK, 10 AUGUST 2026 – Sheng Long Aqua Technology (M) Sdn. Bhd. (“Sheng Long”) a subsidiary of Guangdong Haid Group Co., Limited (“Guangdong Haid”) based in China, today celebrated the ground-breaking of its first aquaculture feed manufacturing facility in Malaysia, marking a significant milestone in the Company’s regional expansion and reaffirming its long-term commitment to supporting the growth of Malaysia’s aquaculture industry.

Scheduled to commence operations in 2028, the new facility represents a first-phase investment of approximately RM140 million. It will manufacture high-quality aquaculture feed through equipped with 2 shrimp feed production lines and 2 fish feed production lines, with an annual production capacity of 150,000 metric tonnes. The project is expected to meet the growing demand in Malaysia and neighbouring markets, create more than 100 employment opportunities, and strengthen local manufacturing capabilities and supply chain resilience.

The ceremony was officiated by YB Mr. Teh Kok Lim, Perak State Executive Council (EXCO) Member for Science, Environment and Green Technology and graced by distinguished guests including YB Ong Seng Guan (Adun Pokok Assam), Dr. Ahmad Shahir Bin Abdul Aziz (CEO of InvestPerak), Tuan Mohamed Akmal Bin Dahalan (Yang Dipertua Majlis Perbandaran Taiping), Puan Surayu Binti Susah, Executive Director of Manufacturing Development (Resource), Malaysian Investment Development Authority (MIDA), Puan Nur Baiti Binti Jamalul Karib (Head of Norther Corridor Implementation Authority Perak State) and Sheng Long’s distribution partners, and members of the aquaculture community.

YB Mr. Teh Kok Lim stated, “Seng Long’s commitment to invest in Taiping demonstrates confidence not only in the company’s own growth prospects, but also in Perak’s ability to support that growth over the long term. The Perak State Government under the leadership of YAB Menteri Besar Dato’ Seri Saarani Mohamad remains committed to facilitating investments, strengthening industry partnerships, and ensuring that Perak remains an attractive destination for both global and domestic investors.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, said: “Sheng Long’s investment marks a meaningful step forward for our agri-food ecosystem — enhancing local manufacturing capabilities, reducing our reliance on imported feed, and directly reinforcing national food security and supply chain resilience. Beyond its economic contribution, the project will create quality employment, facilitate technology and knowledge transfer, and enhance local expertise in modern manufacturing.”

This investment comes amid sustained momentum in Malaysia’s food manufacturing sector, which attracted RM3.3 billion in approved investments in the first quarter of 2026 — among the leading industries within the RM24.1 billion approved for the manufacturing sector overall. The sector’s continued growth underscores Malaysia’s strengthening position as a regional hub for high-value, resource-based manufacturing and reflects rising investor confidence in the nation’s agri-food ecosystem.

Mr. Chuang Jie Cheng, General Manager of Sheng Long, said: “Through this investment, we aim to provide high-quality aquaculture feed, a more reliable supply chain, and comprehensive technical support to help farmers improve productivity and profitability. We look forward to growing together with Malaysia’s aquaculture industry and contributing to its long-term sustainable development.”

The Perak facility will serve as Sheng Long’s key manufacturing and technical service hub in Malaysia. Moving forward, the Company will continue to invest in manufacturing excellence, technological innovation, and talent development while working closely with its local partners to strengthen the industry competitiveness and contribute to Malaysia’s economic growth and the sustainable development of its aquaculture sector.

**From left to right:**

YBrs. Dr. Ahmad Shahir Abdul Aziz, Acting CEO, InvestPerak
YB Tuan Ong Seng Guan, Ahli Dewan Undangan Negeri, Pokok Assam
YBrs. Tuan Chuang Jie Cheng, General Manager, Sheng Long Aqua Technology (M) Sdn. Bhd.
YB Tuan Teh Kok Lim, Perak State Executive Council (EXCO) / Member for Science, Environment and Green Technology
YBrs. Puan Surayu Susah, Executive Director, Manufacturing Development (Resource), MIDA
YBrs. Tuan Mohamed Akmal Dahalan, Yang Dipertua, Majlis Perbandaran Taiping

-END-

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 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

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 the secretariat for Centre of Investment (COI), which empowereds the function of InvestPerak as the facilitator in assisting investors to invest in Perak. To facilitate the implementation of investment projects in Perak, COI@InvestPerak have has 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.

About Sheng Long Aqua Technology (M) Sdn. Bhd.

Sheng Long Aqua Technology (M) Sdn. Bhd. is a subsidiary of Guangdong Haid Group Co., Ltd, a global agricultural and animal husbandry enterprise driven by technological innovation. With nearly three decades of experience in the agriculture and animal husbandry industry, the Group provides comprehensive solutions covering feed, animal health products, and professional technical services, helping farmers improve farming efficiency and achieve sustainable development.

As part of its international aquaculture business, Haid Group operates through Sheng Long Bio-tech International Co., Ltd. (“Sheng Long Group”), which has established a presence across Southeast Asia and South Asia, including Vietnam, India, Malaysia, Thailand, and the Philippines. Sheng Long Group has invested in 9 feed manufacturing facilities, 4 shrimp hatcheries, 1 tilapia hatchery, and 1 research and development centre in Vietnam and India. The new facility in Perak will become Sheng Long Group’s 10th feed manufacturing facility and its first production base in Malaysia. It will serve as an important operational centre for the Malaysian and Southeast Asian markets, further strengthening the Group’s regional supply capabilities and market competitiveness.

For media enquiries, please contact:

MIDA

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

InvestPerak

Puan Adina Furzanne Abdullah
Investor Relation Manager
Email: [email protected]
Tel.: +605-5292443

About Sheng Long Aqua Technology (M) Sdn. Bhd.

Mr. Chew Uik Seng
Technical Service Department, Director
Email: [email protected]
Tel.: +601155038838

Sheng Long Aqua Technology (M) Sdn. Bhd. Holds Groundbreaking Ceremony for Its New Manufacturing Facility in Perak, Malaysia

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Ten-year investment strengthens regional manufacturing, innovation and engineering capabilities while creating up to 200 high-skilled jobs by 2035.

Nilai, Negeri Sembilan, Malaysia, 5 August 2026 – BAC, a global leader in sustainable cooling and heat rejection solutions, today celebrated the groundbreaking of its new manufacturing facility in Nilai, Negeri Sembilan. Representing a planned investment of US$150 million, the project underscores BAC’s long-term commitment to Malaysia and reinforces its strategy to better serve customers across APAC.

The groundbreaking ceremony was attended by Ms. Zuaida Abdullah, Deputy Chief Executive Officer (Investment Development) of the Malaysian Investment Development Authority (MIDA), Mr. Don Fetzer, President of BAC, Mr. Ted Lim, Global Vice President and Head of APAC, members of the APAC Leadership Team, customers, business partners and other distinguished guests, highlighting the significance of the investment to Malaysia’s advanced manufacturing sector.

The project will be developed on an 18.2-acre site in two phases. Phase 1, targeted for completion by the end of 2027, includes a 30,000-square-metre manufacturing facility complemented by a regional engineering and manufacturing office. Phase 2 will focus on establishing a R&D centre and advancing the manufacturing technology to support future business growth, with the core manufacturing facility expected to be fully completed by 2030.

The new facility will strengthen BAC’s production capacity by integrating advanced manufacturing technologies and automation. It will manufacture BAC’s portfolio of closed-circuit cooling towers, adiabatic coolers, hybrid cooling systems and liquid cooling solutions. The facility will strengthen regional manufacturing capabilities, improve supply chain responsiveness, shorten lead times and deliver a better experience for customers in the data centre, industrial, and commercial infrastructure markets across APAC.

As demand for sustainable cooling solutions continues to evolve, the Nilai facility will also house BAC’s latest climate-controlled product development and testing facility in APAC. The laboratory will enable local engineering teams to develop, test and validate cooling technologies for tropical climates and high-density applications. Combined with Malaysia’s skilled workforce, this will strengthen BAC’s regional engineering capabilities and support continued product innovation.

In her special address, Ms. Zuaida Abdullah, Deputy Chief Executive Officer (Investment
Development) of MIDA stated:

“BAC’s investments reflect growing confidence in Malaysia as a destination for high-value, sustainable manufacturing. Beyond strengthening our industrial ecosystem, their advanced cooling technologies will support high-growth sectors like data centres and advanced electronics while accelerating the adoption of energy- and water-efficient solutions.

This investment embodies the ‘multiplier effect’ we aim to cultivate – generating high-skilled engineering jobs for Malaysian talent and opening new supply chain doors for our local SMEs and supporting the New Industrial Master Plan (NIMP) 2030 and our National Energy

Transition Roadmap (NETR). By enabling industries to reduce energy consumption and boost resource efficiency, BAC is directly supporting Malaysia’s journey towards achieving net-zero by 2050. MIDA remains committed to facilitating quality projects that champion both environmental sustainability and inclusive economic prosperity.”

Don Fetzer, President of BAC, said:

“Malaysia is an important part of BAC’s long-term global growth strategy. This investment reinforces our commitment to expanding our manufacturing footprint, strengthening innovation capabilities and supporting customers globally with sustainable cooling solutions that meet the evolving needs of the industries we serve.”

Ted Lim, Global Vice President and Head of APAC, added:

“This new facility enables us to be closer to our customers and partners in the region. By strengthening our manufacturing, engineering and technical capabilities in APAC, we can improve responsiveness, enhance collaboration and deliver solutions that support the region’s rapid industrial and digital infrastructure growth.”

The facility is expected to strengthen Malaysia’s advanced manufacturing ecosystem, support local suppliers and SMEs, and create up to 200 high-skilled jobs by 2035, including high-skilled engineering and professional roles. Through university partnerships, internship programmes and a workplace designed to support employee well-being, BAC reaffirms its commitment to local talent development. Targeting LEED Gold and FM Approved standards, the facility is designed with energy-efficient features to reduce GHG emissions and cement Malaysia’s standing as a regional manufacturing and innovation hub.

BAC’s investment extends beyond the completion of the manufacturing facility. Continued investments through 2035 in automation, research and development, and advanced manufacturing technologies will establish the facility as BAC’s regional manufacturing hub, strengthening supply chain resilience and enabling BAC to better serve customers across APAC.

From left to right:
Mr. Gan Hai Toh, Managing Director, Rock Link; Feleke Assefa, Senior Commercial Officer of the U.S. Embassy; En. Azizul Hakim bin Abu Haniffa, Director, MIDA Negeri Sembilan; Dato’ Hj Najmuddin Sharif bin Sarimon, Chief Executive Officer, Invest Negeri Sembilan; Pn. Zuaida Abdullah, Deputy CEO, Malaysian Investment Development Authority (MIDA); Mr. Don Fetzer, President, BAC; Mr. Ted Lim, Global Vice President & Head of APAC, BAC; Ms. Katie Feltz, Global Vice President & Head of Finance, BAC and Mr. Ronny Cannaerts, Project Operations Director, BAC

BAC Groundbreaking Ceremony

Puan Zuaida Abdullah, Deputy Chief Executive Officer, Investment Development (MIDA)

Mr. Don Fetzer, President of BAC

***End***

About Malaysian Investment Development Authority (MIDA)
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

About BAC
BAC is a global leader in sustainable cooling and heat rejection solutions. For more than 85 years, BAC has helped customers conserve water and energy through innovative technologies that improve system performance and operational efficiency. Serving industries including data centres, industrial manufacturing, commercial buildings, power generation, food and beverage processing, and refrigeration, BAC operates manufacturing and service facilities worldwide to support customers with reliable and sustainable cooling solutions.

For more information, visit www.baltimoreaircoil.com and follow BAC Asia on LinkedIn.

For media enquiries please contact:
MIDA
Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division
Email: [email protected]
Tel: +603-2267 6769

BAC Malaysia Sdn. Bhd.
Ms. Grace Wee
Marketing Manager
Email: [email protected]

BAC Breaks Ground on US$150 Million Manufacturing Facility in Malaysia

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Industry leaders, policymakers and ecosystem partners gather to discuss Melaka’s semiconductor ambitions, strengthen industry collaboration and accelerate sustainable growth within Malaysia’s semiconductor ecosystem.

Highlights:

● Brought together almost 150 participants comprising industry leaders, policymakers, government agencies, financial institutions and ecosystem partners.

● Reinforced Melaka’s commitment to becoming a future-ready semiconductor hub. ● Highlighted the strategic direction of the Melaka Semiconductor Strategic Plan 2026- 2035 in strengthening the state’s semiconductor ecosystem and long-term competitiveness.

Melaka, 16 July 2026 – The Malaysia Semiconductor Industry Association (MSIA), in collaboration with Malaysian Investment Development Authority (MIDA), Invest Melaka Berhad, Infineon Technologies (Malaysia) Sdn. Bhd. and Maybank, jointly hosted the MSIA Dialogue & Networking Session with the Chief Minister of Melaka on 16 July 2026 at Hatten Hotel, Melaka.

Anchored on the theme “Transforming Melaka into a Future-Ready Semiconductor and Advanced Manufacturing Hub: Driving Talent, Sustainability and Industrial Excellence“, the programme facilitated constructive dialogue between the public and private sectors to discuss the state’s semiconductor ecosystem, industry competitiveness and opportunities arising from the continued growth of the industry. With a semiconductor heritage spanning more than five decades, Melaka continues to build on its established industrial foundation.

Supporting this direction, the ongoing Melaka Semiconductor Strategic Plan 2026–2035 complements Malaysia’s National Semiconductor Strategy (NSS), with discussions focused on strengthening industry capabilities, enhancing supply chain resilience and supporting high-value investments to position Melaka as one of Malaysia’s leading semiconductor and advanced manufacturing hubs.

The programme also featured remarks by YAB Datuk Seri Utama Ab Rauf Bin Yusoh, Chief Minister of Melaka, who shared his vision for Melaka’s industrial transformation, highlighting the state’s semiconductor journey and the importance of strengthening investment, industry and TVET development to support the next phase of growth.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, stated, “Melaka has come a long way in building its semiconductor industry; today, it has the industrial base, skilled workforce and supplier network needed to compete for the next generation of high-value investments. The electrical and electronics (E&E) industry continues to be a key driver of Malaysia’s investment landscape, attracting RM6.0 billion in approved investments in the first quarter of 2026, the highest among all manufacturing industries. With its established ecosystem and strategic location, Melaka is well placed to capture a greater share of these opportunities. The next phase of growth requires close collaboration between government, industry and the financial sector to deepen supply chains, accelerate technology adoption and help Malaysian companies move up the value chain.

At MIDA, we are committed to facilitating quality investments that build industrial capabilities, drive innovation, and create quality jobs for Malaysians. The New Incentive Framework (NIF) supports these efforts by encouraging investments to develop local talent, strengthen Malaysian businesses and deliver long-term value to the people of Melaka.”

Datuk Ginie Lim Siew Lin, Chief Executive Officer of Invest Melaka Berhad, said “Our continuous engagement with industry players gives us valuable insights into how investment decisions are evolving and what companies require to grow successfully. Melaka’s semiconductor strength is built on decades of industrial presence and investor confidence, and our focus is to build on this foundation by connecting emerging opportunities with the right capabilities and partnerships. Through this approach, we aim to strengthen Melaka’s position as a preferred location for the next phase of semiconductor growth.”

Dato’ Seri Wong Siew Hai, President of the Malaysia Semiconductor Industry Association (MSIA), commented, “Malaysia’s future competitiveness will not be determined by manufacturing capacity alone, but by the strength of our semiconductor ecosystem. As we move from ‘Made in Malaysia’ to ‘Made by Malaysia’, every state has a role to play. Melaka has already built a strong foundation and is well positioned to become a key driver of advanced technologies, talent development and innovation that will strengthen Malaysia’s global semiconductor leadership.”

Ranita Abdullah, Managing Director, New Economy & Group Global Banking Sustainability, Maybank, said, “Maybank is committed to supporting Melaka’s aspirations to attract quality domestic and foreign investments into advanced and high-tech industries, while strengthening the ecosystem of multinational corporations and local SMEs as supply chains evolve and businesses enhance operational resilience. We are equally keen to support the state’s sustainability aspirations and Smart City digital transformation agenda, in line with Maybank’s ROAR30 strategy to mobilise RM300 billion in sustainable finance and RM100 billion for the New Economy across ASEAN.”

The MSIA dialogue featured a dynamic panel discussion moderated by Datuk Ginie Lim, Chief Executive Officer of Invest Melaka Berhad, which integrated crucial perspectives from

the industry, government, and financial sectors. Mr. Tay Kheng Chiong, Group Managing Director & CEO of Dominant Opto Technologies Sdn. Bhd., shared insights on the growth journey of Malaysian semiconductor SMEs, emphasising the need to strengthen capabilities and meet global customer expectations. Highlighting ecosystem development, Mr. Derrick Tanggapan, Director of MIDA Melaka, outlined how local SMEs can capture higher-value opportunities through strategic investments and partnerships. To enable this growth, Mr. Zulfadhli Bin Marjo, Head of Islamic Transaction Banking Solutions & Innovation at Maybank Islamic Berhad, discussed tailored financing and capital solutions aimed at supporting SMEs as they scale operations through technology, automation, and talent development.

The event successfully brought together almost 150 key industry leaders, policymakers, government agencies, financial institutions, and ecosystem partners, reinforcing the state’s commitment to becoming a future-ready semiconductor hub.

**First row (standing), from left to right:**
Dato’ Khairul Fahmy Ab Jabar, Director Government, Client Coverage, Maybank Investment Banking Berhad
En. Nor Azman Jaafar, Head Communication, Infineon Melaka
YBhg. Datuk Ginie Lim, Chief Executive Officer of Invest Melaka
Mr. Derrick Tanggapan, Director of the Malaysian Investment Development Authority (MIDA) Melaka
YBhg. Datuk Mohd Yusof Bin Abu Bakar, Chief Executive Officer, Melaka Corporation (MCORP)
En. Adzahar Md Sharipin, Government Relations, Texas Instruments
Puan Ranita binti Abdullah, Managing Director, New Economy and Group Global Banking Sustainability, Maybank
Mr. Tay Kheng Chiong, Group MD/CEO of Dominant Opto Technologies Sdn Bhd and D&O Green Technologies Bhd.

**Second row (seated), from left to right:**
YB Datuk Khaidhirah Binti Datuk Seri Abu Zahar, Deputy EXCO of Investment, Industry and TVET Development, Melaka State Government
YB Datuk Wira Salhah Binti Salleh, Pegawai Kewangan Negeri Melaka
YAB Datuk Seri Utama Ab Rauf Bin Yusoh, Chief Minister of Melaka
Dato’ Seri Wong Siew Hai, President, Malaysia Semiconductor Industry Association (MSIA)
Mr. Eng Seng Meng, Senior Vice President & Managing Director, Infineon Technologies (Malaysia) Sdn. Bhd.

***End***

For media enquiries, please contact:
Name: Mr. Derrick Tanggapan
Designation: Director, MIDA Melaka
Email: [email protected] / [email protected]
Tel: +606-232 2878

About Invest Melaka Berhad
Invest Melaka Berhad is the state’s dedicated investment promotion agency responsible for attracting and facilitating both foreign and domestic investments into Melaka. Serving as a one-stop centre for investors, Invest Melaka works closely with government agencies and industry stakeholders to support companies throughout their investment journey from initial enquiries and project facilitation to implementation.

The agency also assists with regulatory processes including manufacturing licence applications, facilitates engagement with relevant authorities, and supports site selection within the state’s industrial zones.
Learn more at: www.investmelaka.gov.my

For further information, please contact:
Andy Wong | Assistant Manager (Investment Promotion)
+6011 5505 3312 | [email protected]

About Malaysia Semiconductor Industry Association (MSIA)
Malaysian Semiconductor Industry Association (MSIA) is the leading voice of Malaysia’s semiconductor and electronics industry, representing a dynamic ecosystem of 370 members whose parent companies are from more than 22 countries worldwide. Membership comprises companies incorporated in Malaysia who are involved in the semiconductors and electronics systems, spanning the full value chain from IC and system design, to assembly, test and system manufacturing.

MSIA serves as a unified platform that connects industry, government, and academia, ensuring that the critical needs and insights of the sector are effectively channelled to policymakers while nurturing a competitive and sustainable semiconductor ecosystem. Through strategic partnerships and engagement with both local and international stakeholders, MSIA plays a pivotal role in fostering industry collaboration, enhancing ecosystem resilience, and promoting Malaysia as a strategic destination for global semiconductor investment and growth.
For more information, visit:

Website: www.msia.org.my
Youtube: http://www.youtube.com/@my_E-E_industry_association
LinkedIn: MSIA LinkedIn Official

About Infineon Technologies (Malaysia) Sdn. Bhd.
Infineon Technologies Malaysia is one of the country’s leading semiconductor manufacturers and a key contributor to Malaysia’s electrical and electronics industry, driving innovation in automotive, industrial, power semiconductor and energy-efficient technologies while powering the next generation of AI-enabled solutions through advanced semiconductor technologies.

About Maybank
Maybank is among Asia’s leading financial group and Southeast Asia’s fourth largest bank by assets, with a significant global workforce and an extensive network spanning ASEAN and key international financial centres.

Learn more at: https://www.maybank.com/en/about-us.page

For further information, please contact:
Noelle Lim | Head Of Communications, Group Global Banking, Maybank
+65 92334794 | [email protected]

Government, Banking and Industry Unite to Advance Melaka’s Semiconductor Future

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KUALA LUMPUR, 9 July 2026 – The Malaysian Investment Development Authority (MIDA) and Perusahaan Otomobil Kedua Sdn. Bhd. (Perodua) today strengthened their collaboration to help Malaysian automotive component vendors accelerate their Environmental, Social and Governance (ESG) adoption, equipping them to meet rising global sustainability requirements and remain competitive in international supply chains.

Approximately 50 Perodua vendors participated in the ESG Awareness Session held at Perodua Headquarters, Sungai Choh, Rawang, where they gained practical guidance on ESG implementation, emerging sustainability expectations, and available government support.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO) of MIDA, stated, “Sustainability is no longer optional. It is a business imperative for companies seeking to compete in global supply chains. As ESG becomes an increasingly important factor in investment and sourcing decisions, Malaysian companies, particularly SMEs, must strengthen their sustainability capabilities to remain globally competitive. Through our collaboration with Perodua, MIDA is equipping local vendors with the knowledge, facilitation and financial support they need to accelerate their ESG journey through initiatives such as the Domestic Investment Accelerator Fund (DIAF) – ESG Adoption. By strengthening domestic capabilities today, we are helping Malaysian companies seize future opportunities while supporting the nation’s transition towards a more sustainable and resilient industrial economy.”

The programme builds on the successful collaboration between MIDA and Perodua under the MIDA–Perodua Digital Transformation Ecosystem (DTE) Programme by expanding the partnership beyond digitalisation to also strengthen ESG capabilities and promote sustainable business practices among local vendors. As global supply chains evolve, sustainability has become an increasingly important requirement for manufacturers seeking to remain competitive and meet international market expectations.

The programme featured an industry sharing session by Dr. John Loh, Chief Executive Officer of Emerging EEPC Sdn. Bhd., who shared Emerging EEPC’s ESG transformation journey and the business value realised through ESG adoption, including the support received through MIDA’s Domestic Investment Accelerator Fund (DIAF) – ESG Adoption.

Participants also benefited from a presentation by Mr. Ee Beng, Head of ESG Services, Genashtim Sdn. Bhd., who highlighted practical approaches to integrating ESG into business operations and introduced the B Impact Assessment (BIA) as a framework to help companies assess, measure and continuously improve their ESG performance.

The session concluded with a briefing by MIDA on the Domestic Investment Accelerator Fund (DIAF) – ESG Adoption, which outlined the financial assistance available to Malaysian companies to support ESG adoption, as well as the eligibility criteria and application process.

Dato’ Sri Zainal Abidin Ahmad, Perodua President & Chief Executive Officer, said, “We appreciate MIDA’s continued support in advancing ESG adoption, particularly among SMEs, as stronger sustainability capabilities will enable more local vendors to participate meaningfully in the automotive supply chain.

“Perodua remains committed to supporting ESG initiatives across the automotive ecosystem and will continue to lead by example by integrating ESG principles and the Sustainable Development Goals (SDGs) into our business operations and supply chain development,” he added.

MIDA reaffirmed its commitment to supporting Malaysian companies through strategic partnerships and targeted facilitation programmes. Through its collaboration with Perodua, MIDA continues to support local suppliers in strengthening their ESG capabilities to meet evolving global sustainability requirements, thereby enhancing their competitiveness and resilience.

The ESG Awareness Session forms part of MIDA’s broader efforts to accelerate ESG adoption across Malaysian industries and promote sustainable industrial development in line with the country’s economic aspirations and the National Investment Aspirations (NIA). This initiative also aligns with the strategic pillars of the #InvestLokal campaign by empowering the local automotive supply chain ecosystem, helping local automotive vendors build sustainable, resilient future-ready manufacturing capabilities.

From left to right:
Puan Zuraini binti Mustapha, Senior Deputy Director, Domestic Investment Division, MIDA; Mr. Pravinganesha a/l Rajoo, Deputy Director, Sustainability Division, MIDA; Mr. Borhan Din, Senior Director, Corporate Strategy of Perodua; Mr. Sukri Bin Abu Bakar, Director, Domestic Investment Division, MIDA; Yang Berbahagia Datuk Noor Zakiyah Hasan, Chief Financial Officer of Perodua; Mr. Faizal Jalaludin, Executive Director, Investment Promotion, MIDA; Mr. Ee Beng, Head of ESG Services, Genashtim Sdn. Bhd.; Dr. John Loh, Chief Executive Officer of Emerging EEPC Sdn. Bhd. and Ms. Zalfizah Zakaria, Perodua.

Yang Berbahagia Dato’ Sri Zainal Abidin Ahmad, President and Chief Executive Officer of Perodua

Mr. Faizal Jalaludin, Executive Director, Investment Promotion, MIDA

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About MIDA

MIDA is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments in the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing opportunities arising from the current technology revolution. For more information, please visit www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

About Perodua

Established in 1993, Perodua has grown in terms of production as well as car registration, and now becoming the national car company that is leading the industry into the Electric Vehicle (EV) era. By doing so, we lead over 100,000 local workers within the automotive ecosystem into the next stage of the industry’s future. We do more than just making cars, we also develop new technologies and at the same time, train Malaysians to be self-reliance in this industry.

For media enquiries, please contact:

MIDA

Mr. Sukri Abu Bakar
Director, Domestic Investment Division
Malaysian Investment Development Authority (MIDA)
Tel: +603-2267 3685
Email: [email protected]

Perodua

MIDA and Perodua Strengthen ESG Readiness to Future-Proof Local Automotive Component Vendors

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SHAH ALAM, Selangor, 7 July 2026 – Leading power infrastructure solutions provider TAMCO and global solar and energy storage innovator, Hoymiles today announced a strategic partnership to support the development of Malaysia’s future energy infrastructure, bringing together global energy storage technologies with local industrial expertise.

The first phase of the partnership will see TAMCO undertake the local assembly of Hoymiles’ AI-enhanced 5MWh and 6MWh liquid-cooled utility-scale Battery Energy Storage Solutions (BESS) at its facility in Shah Alam. Leveraging Hoymiles’ globally deployed energy storage technologies and TAMCO’s six decades of experience in delivering power infrastructure solutions, the collaboration expands TAMCO’s energy solutions portfolio while enabling greater local accessibility and support for large-scale energy storage in Malaysia.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer, MIDA, said, “Malaysia’s energy transition presents significant opportunities to strengthen domestic industrial capabilities while accelerating the adoption of advanced clean energy technologies. The collaboration between TAMCO and Hoymiles demonstrates how global expertise can complement Malaysian engineering strengths to deepen local supply chains, facilitate technology transfer and create high-value opportunities for local businesses and talent. In line with the aspirations of the New Industrial Master Plan 2030 and the National Energy Transition Roadmap, partnerships such as this will strengthen Malaysia’s industrial competitiveness while delivering broader economic and socioeconomic benefits for the rakyat.”

Wong Jun Pin, CEO of TAMCO Switchgear (Malaysia) Sdn. Bhd., said, “Innovation creates possibilities, but execution and long-term commitment are what transform them into solutions that industries and communities can depend on. That belief has guided TAMCO for more than six decades and will continue to shape how we contribute to Malaysia’s evolving energy landscape. Our partnership with Hoymiles represents an important step in expanding the solutions we deliver while strengthening the engineering expertise and technical capabilities needed for the country’s future energy infrastructure.”

Dr. Zhao Yi, Chief Technology Officer and Vice President of Hoymiles, stated, “Across global markets, we have learned that the success of advanced energy solutions depends as much on trusted local partnerships as it does on technology. Malaysia has built a strong foundation for the future of energy, and TAMCO’s engineering expertise and deep understanding of the local operating environment make them an ideal partner to translate our global experience into solutions that deliver value locally.”

Malaysia’s energy transition is entering a new phase of infrastructure development driven by rising investments in digital infrastructure, advanced manufacturing and renewable energy. Under the National Energy Transition Roadmap (NETR), the Government aims for renewable energy to contribute 40% of installed electricity capacity by 2035 and 70% by 2050. As Malaysia’s energy mix becomes increasingly diversified, resilient energy infrastructure, advanced storage systems and strong local execution will be critical to supporting long-term energy security and economic growth.

The announcement was witnessed by Mr. Sherulanuar Abd Karim, Director of the Malaysian Investment Development Authority (MIDA) Selangor,as both companies embark on an alliance that advances Malaysia’s ambition to strengthen industrial capabilities and accelerate the development of future-ready energy infrastructure.

In line with the evolving energy landscape, the collaboration between TAMCO and Hoymiles seeks to strengthen Malaysia’s capabilities in deploying and supporting utility-scale energy storage solutions. Beyond local assembly, the partnership encompasses system integration, testing, commissioning, servicing and long-term maintenance, while progressively expanding into technical knowledge exchange, specialist talent development and localisation initiatives. Together, these efforts will reinforce Malaysia’s industrial capabilities and position the country as a regional hub for advanced energy infrastructure.

With more than six decades of experience, TAMCO is an established power infrastructure solutions provider specialising in the engineering, manufacturing and distribution of switchgear and electrical distribution solutions. The company has deployed more than 300,000 switchgear units globally and supports over 2,300 substations across Malaysia, Dubai and Australia. Trusted by organisations including Tenaga Nasional Berhad (TNB) and PETRONAS for more than 35 years, TAMCO continues to expand its capabilities to support the evolving needs of the energy sector through engineering, testing, manufacturing and long-term technical support.

Hoymiles is a provider of solar and energy storage solutions serving customers across more than 190 countries and regions. Recognised as a BloombergNEF Tier 1 Energy Storage manufacturer and recipient of the EcoVadis Gold Medal for sustainability, the company develops smart energy technologies that support renewable energy deployment across residential, commercial and utility-scale applications.

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About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA partners with investors at every stage of their journey, supporting sustainable growth and long-term value creation for Malaysia. For more information, please visit www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

For media enquiries, please contact:

MIDA

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

TAMCO PR AGENCY
RUBIX

Chang Yan
E: [email protected]

T: +6018 257 3127Chang Yan

Matthew Chong
E: [email protected]

T: +6011 2650 9133

TAMCO and Hoymiles Partner to Strengthen Malaysia’s Next-Generation Energy Infrastructure

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Kuala Lumpur, 24 June 2026 – The Malaysian Investment Development Authority (MIDA) today hosted the MIDA-GreatAsic Value Chain Programme, bringing together key stakeholders from government, industry and ecosystem partners to witness the exchange of a strategic collaboration between homegrown local company, GreatAsic Technology Sdn. Bhd. and Xenith Technology Malaysia Sdn. Bhd., the Malaysian unit of China-based Xenith Technology.

The programme highlights the tangible outcomes that emerge when investments, talent development initiatives and ecosystem-building efforts converge to create meaningful opportunities for Malaysian companies and engineering talent. While centred on a single project, the collaboration reflects Malaysia’s broader aspirations to strengthen domestic capabilities, deepen industry linkages and move further up the semiconductor value chain — consistent with the objectives of the New Industrial Master Plan (NIMP) 2030 and the National Semiconductor Strategy (NSS).

From left to right:
1. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA
2. Mr. William Liang, Director Xenith Technology (Malaysia) Sdn. Bhd.
3. Mr. Ong Chin Hu, Founder and CEO of GreatAsicTechnology Sdn. Bhd.
4. Ms. Zaiton Yahya, Director of Manufacturing Industry, Science and Technology Section Division, Ministry of Economy

Speaking at the event, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO) of MIDA, stated, “The collaboration between GreatAsic and Xenith represents more than a commercial agreement. It reflects growing confidence in Malaysian capabilities, trust in our engineering talent, and the increasing ability of local technology companies to participate in high-value segments of the global semiconductor industry.”

“Integrated circuit design is one of the highest-value segments of the semiconductor value chain, requiring specialised expertise, advanced engineering capabilities and continuous innovation. Through collaborations such as this, Malaysia is strengthening its position within the global semiconductor ecosystem while creating meaningful opportunities for our engineers and industry players to move up the value chain, supporting the objectives of the NIMP 2030 and the NSS.”

Mr. Ong Chin Hu, Founder and CEO, GreatAsic Technology Sdn. Bhd. said,“Through this collaboration with Xenith, we are not only advancing Advanced Driver Assistance Systems (ADAS) and next-generation semiconductor design capabilities, but also opening up new technical horizons for GreatAsic and for Malaysia’s IC design landscape as a whole. This partnership reflects the growing strength and confidence in Malaysia’s engineering talent and ecosystem.

We would like to express our sincere appreciation to the Malaysian Government, especially MIDA, for their continuous support in enabling such high-value collaborations. Initiatives like this are creating real opportunities for Malaysian companies to move up the value chain, particularly in advanced areas such as ADAS and intelligent mobility technologies.

In many ways, this is a clear example of how Malaysia is capturing the opportunities from the global semiconductor shift, while building stronger local capabilities for the future.”

Mr. William Liang Weiqiang, Director of Xenith Technology (Malaysia) Sdn. Bhd. said, “This collaboration with GreatAsic represents an important milestone in advancing Malaysia’s semiconductor design capabilities. By combining our expertise in advanced SoC development with GreatAsic’s strong local engineering talent, we aim to develop next-generation ADAS sensor processing solutions that address the growing demands of intelligent mobility.

Beyond technology development, we see this partnership as an opportunity to strengthen Malaysia’s domestic semiconductor ecosystem through knowledge transfer, talent development, and the creation of high-value design capabilities. We look forward to working closely with GreatAsic to deliver innovative semiconductor solutions while contributing to the long-term growth of the industry in Malaysia.”

A key highlight of the event was the “CEO Fireside Chat #BorakBersamaCEOMIDA: Developing Malaysia’s Future Semiconductor Workforce”.This interactive session featured 20 newly recruited Malaysian engineers onboarded by GreatAsic. The session highlighted the direct impact of this collaboration on local human capital development, offering these engineers hands-on experience in world-class technical design and global technology trends.

Beyond its immediate impact on semiconductor design capabilities, the collaboration is also expected to support GreatAsic’s expansion into emerging technology segments such as ADAS and EVs. These sectors represent some of the fastest-growing areas of the global technology industry and are driving increasing demand for advanced semiconductor solutions.

By participating in projects within these high-growth sectors, Malaysian companies and engineers are building the expertise required to compete in the industries of tomorrow. This aligns with Malaysia’s efforts to create a highly skilled workforce and develop indigenous technological capabilities that support long-term economic competitiveness.

The programme also underscores the importance of strong collaboration among government ministries and agencies, multinational corporations, local technology companies and ecosystem partners in achieving Malaysia’s semiconductor ambitions. The presence of representatives from the Ministry of Investment, Trade and Industry (MITI), Ministry of Economy, Malaysian Institute of Microelectronic Systems (MIMOS), Northern Corridor Implementation Authority (NCIA), and Selangor Information Technology and Digital Economy Corporation (SIDEC), reflects a shared commitment towards advancing Malaysia’s technology ecosystem.

As Malaysia advances the implementation of the NIMP 2030 and NSS, MIDA continues to assume a key role in facilitating strategic collaborations that strengthen local supply chains, expand industry participation, and create pathways into emerging technology domains.

Through initiatives such as the Xenith-GreatAsic collaboration, Malaysia continues to reinforce its position as a leading semiconductor hub in the region and a key player within the global semiconductor value chain.

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About MIDA

MIDA is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments in the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing opportunities arising from the current technology revolution. For more information, please visit www.mida.gov.my and follow MIDA on X, Instagram, Facebook, LinkedIn, TikTok and YouTube.

About GreatAsic Technology Sdn. Bhd.

GreatAsic Technology Sdn. Bhd. is a Malaysia-based integrated circuit (IC) design company specialising in custom ASIC and System-on-Chip (SoC) solutions. Headquartered in Penang with operations in Selangor, the company provides end-to-end silicon design capabilities, supported by hardware-software co-design expertise and a team with extensive experience in successful silicon tape-outs and high-volume production. GreatAsic serves a range of applications across data centres, edge AI, automotive and intelligent computing markets, supporting the advancement of Malaysia’s semiconductor ecosystem.

For media enquiries, please contact:

MIDA

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

GreatAsic Technology Sdn. Bhd.

Mr. Ong Chin Hu
Founder and Chief Executive Officer
Email : [email protected]
Phone : +603 8066 6637

MIDA-GreatASIC Value Chain Programme Strengthens Malaysia’s Semiconductor Ecosystem Through Strategic Industry Collaboration

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