MIDA digitises key certificates to ease doing business in Malaysia - MIDA | Malaysian Investment Development Authority
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MIDA digitises key certificates to ease doing business in Malaysia

MIDA digitises key certificates to ease doing business in Malaysia

28 Aug 2023

The Malaysian Investment Development Authority (Mida) today announced the digitisation of three key certificates in the manufacturing sector: the Manufacturing Licence, Permit PDA Certificate and Pioneer Status Certificate.

This initiative is part of the Investment Development Authority’s ongoing digital transformation, which aims to streamline government processes and delivery systems as well as to improve the ease of doing business in Malaysia.

The digitised certificates will be available through the InvestMalaysia portal.

This portal was launched in 2021 and has since assumed an important role in facilitating investments in Malaysia. The digitisation of these manufacturing certificates will further enhance the efficiency and accessibility of the InvestMalaysia portal, making it easier for investors to obtain the necessary approvals and permits.

“The digitisation of manufacturing certificates within the InvestMalaysia Portal is a significant step towards modernising, rethinking and re-engineering public services. This improves the investor’s journey by offering a more inclusive, seamless, and personalised service, which is very much aligned to one of the objectives of the upcoming New Industrial Master Plan 2030.

“Through this digitalisation initiative, the Ministry, through Mida  are also aiming to contribute to improved accountability, transparency and cybersecurity, all of which will further reinforce Malaysia’s positioning as a digital hub for the region.” said Investment, Trade and Industry Minister Tengku Datuk Seri Utama Zafrul Aziz.

Mida chief executive officer Datuk Wira Arham Abdul Rahman said, “Through the implementation of an end-to-end automation application process, Mida aims to achieve shorter processing time, improve our client charter commitment to investors, and complete our digital transformation goals in supporting the industry’s current and future needs.

This is a statement of our ambition to better leverage data and harness new technologies, and to drive broader efforts to build a digital economy. It will allow Mida  to respond to investors’ needs more effectively. Mida  will continue to be innovative and lead the way with supportive facilitation that promotes ease of doing business.”

A standout feature of this initiative is the integration of the Digital Organisation Trustmark seal featuring both the renowned Investment, Trade and Industry Ministry Trustmark featured in the Manufacturing Licence and PDA Permit certificates and Mida  Trustmark featured in Pioneer Status Certificate.

These seals are seamlessly embedded onto the license certificates, strengthening the security of the document which aligns with the provisions of the Digital Signature Act 1997 and the Digital Signature Regulation (DSR) 1998.

Moreover, the digitally enhanced certificates will incorporate a secure QR Code, providing a means of verification that assures these documents’ authenticity, which users can scan using a verification tool.

Source: Bernama