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Continuous Engagement with Investors: Foreign Investment Promotion Division’s Working Visit to Pahang, 5 – 7 August 2020

 

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MIDA’s team, led by Mr. Sivasuriyamoorthy Sundara Raja, Executive Director of Investment Promotion had a fruitful productive discussion with the stakeholders in Pahang on various matters including their future expansion plans, local sourcing programmes, automation initiatives and local talent activities. This is in line with the Government’s aspiration to facilitate reinvestment by existing companies in Malaysia.

As of March 2020, MIDA has approved a total of 760 manufacturing projects in Pahang totalling RM58.9 billion. These investments are expected to create more than 100,000 employment opportunities for the state of Pahang mainly in the electrical and electronics (E&E), machinery and equipment (M&E), medical devices, aerospace, renewable energy and consumer technology.

During the meetings with companies, Mr. S. Siva reiterate positively that MIDA, being the principal investment promotion and development agency will strongly support and provide all the necessary assistance and facilitation to the investors to grow their businesses to the next level and begin on a journey in a venture that will be mutually rewarding.

As part of the continuous engagement with investors, in line with the Government’s aspiration to attract more quality investments from the priority industries, MIDA will be organising a series of roadshows to other regions in Malaysia to promote the development of Malaysia’s industrial ecosystem, encourage the transfer of technology and knowledge to local companies through local sourcing as well as create opportunities to train skilled Malaysian workforce.

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Last Updated : Wednesday 30th September 2020