MIDA and MUFG Bank (Malaysia) Berhad signed a Memorandum of Understanding (MoU) on 7 August 2025 to strengthen investment flows into Malaysia. The partnership will target high-value sectors including semiconductors, specialty chemicals, aerospace, pharmaceuticals, medical devices, electric vehicles, digital economy, and green technology.

MIDA CEO, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, said the collaboration underscores Malaysia–Japan economic ties and will create new opportunities for joint ventures and strategic partnerships. “By leveraging our networks, we aim to position Malaysia as a welcoming destination for Japanese investors and further promote bilateral prosperity,” he said.

Motohide Okuda, CEO of MUFG Malaysia, highlighted the bank’s commitment to channel high-quality investments through its global network. He also acknowledged MIDA’s proactive engagement in initiatives such as MUFG’s Net Zero World in Sarawak and the recent Semiconductor Seminar in Penang, which have helped global businesses better understand Malaysia’s evolving investment landscape.

The MoU reflects both organisations’ commitment to supporting Malaysia’s long-term growth agenda under the 13th Malaysia Plan and advancing sustainable, innovation-driven industries.