MIDA engages, networks with stakeholders, investors in PACU@MIDA webinar
02 Oct 2020
A webinar organised by the Malaysian Investment Development Authority (MIDA), in collaboration with its Project Acceleration and Coordination Unit (PACU), provided investors the opportunity to engage and network with relevant authorities and stakeholders.
MIDA chief executive officer Datuk Azman Mahmud highlighted adjustments in the global economy under the new normal in his opening address at the webinar, “Starting Your Project with PACU@MIDA”, held on Sept 29.
“MIDA will continue its efforts to attract quality investments and restore investors’ confidence in seeing Malaysia as their preferred investment destination. It is fundamental to revitalise the economy (from the impact of the COVID-19 pandemic) by adopting bold initiatives,” he said.
The online seminar garnered over 1,000 views and guided stakeholders and potential investors on application submission, regulations, and relevant requirements to kick-start investment projects in Malaysia.
It also provided information on utilities offered by service providers, as well as facilitation and assistance provided by the Government.
From January to March this year, MIDA said 214 manufacturing projects were approved, of which, 127 projects are currently being implemented.
Simultaneously, out of the 988 manufacturing projects approved last year, 698 projects have been implemented.