JBIC committed to supporting M’sia in attracting high-quality investments from Japan, says Zafrul
24 Oct 2024
The Japan Bank for International Cooperation (JBIC) is committed to supporting the Ministry of Investment, Trade and Industry in attracting high-quality investments from Japan, particularly in the sustainable energy sector and high-tech industrial development.
Minister Tengku Datuk Seri Zafrul Abdul Aziz stated that such high-quality investments will help accelerate Malaysia’s economic growth.
“Close cooperation with the JBIC will strengthen Malaysia’s position as a regional investment hub for green technology and digital infrastructure.
“This move aligns with the goals of Budget 2025 to drive innovation and sustainability, providing significant benefits to the people and the national economy,” he said on X on Thursday.
Earlier, Zafrul met with a JBIC delegation led by its chairman and special adviser to the Japanese government, Tadashi Maeda.
Among the discussions were strategic opportunities in areas such as green energy, digital technology, and semiconductors, which are key focuses under the New Industrial Master Plan (NIMP 2030), the National Semiconductor Strategy (NSS), and the Green Investment Strategy (GIS), Zafrul noted.
Source: Bernama
