High-Level Mission to the US Spurs Strategic Dialogue and Investment Opportunities

The Ministry of Investment, Trade and Industry (MITI) successfully concluded its Trade and Investment Mission to the United States, which took place from 16 to 21 June 2025 in San Francisco and Washington, D.C. Led by the MITI Minister, the mission aimed to strengthen bilateral economic ties through strategic engagements with key US government agencies and business stakeholders.

One of the key highlights of the mission was high-level engagements with Ambassador Jamieson Greer from the Office of the US Trade Representative (USTR) and US Secretary of Commerce, Howard W. Lutnick. These engagements focused on critical trade issues, including the ongoing reciprocal tariff dialogue, measures to enhance supply chain resilience and identify ways to deepen investment flows between both nations. The discussions reaffirmed Malaysia’s commitment to fostering a conducive trade environment and positioning itself as a reliable and strategic partner to the United States. Alongside the Government engagements, the Minister and delegation also met with key players from US-ASEAN Business Council (US-ABC) and prospective investors to promote Malaysia’s value proposition as a regional investment hub.

During the mission, the Minister met with nine (9) companies, comprising both existing investors and prospective business partners. These companies expressed strong interest in expanding or establishing operations in Malaysia, particularly in targeted sectors under the New Industrial Master Plan 2030, such as semiconductors, medical devices, manufacturing-related services and digital economy. The companies shared insights on the impact of evolving US trade policies, especially reciprocal tariffs, and emphasised the importance of Malaysia’s proactive and adaptable policy environment to maintain global competitiveness. They acknowledged Malaysia’s growing reputation as a preferred destination for advanced manufacturing, underpinned by a skilled workforce, solid infrastructure, and responsive Government facilitation.

The mission successfully generated a significant investment valued at RM14.6 billion, to be realised over the next five years. These potential investments are expected to further cement Malaysia’s role within global value chains, stimulate economic growth, and generate high-skilled employment opportunities for Malaysians. The outcomes of the mission reaffirm Malaysia’s strategic importance in the global economic landscape and underscore the government’s continued efforts to attract quality investments that support Malaysia’s national development goals.