On 30 May 2025, the MIDA signed a strategic Memorandum of Understanding (MoU) with the UN Global Compact Network Malaysia & Brunei (UNGCMYB), reinforcing Malaysia’s commitment to sustainable and responsible investment.
This partnership aims to accelerate the adoption of Environmental, Social, and Governance (ESG) principles across the business ecosystem, supporting Malaysia’s Net Zero 2050 ambitions and the Green Investment Strategy.
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, emphasised that sustainability is key to future-ready investments, while Mr. Faroze Nadar, Executive Director of UNGCMYB, noted the MoU’s potential to drive meaningful ESG integration beyond awareness.
Joint initiatives will include conferences, training, and policy engagement, starting with UNGCMYB’s Forward Faster Symposium 2025, held on 5 June 2025 at MIDA headquarters, with MIDA as a strategic partner. This collaboration strengthens MIDA’s role in leading sustainable investment promotion, positioning Malaysia as a competitive, responsible, and forward-looking investment destination.