In the face of global economic headwinds, the Malaysian Government has taken steps to revamp its existing business processes to increase delivery efficiency and promote the ease of doing business in Malaysia to continue to sustain investors’ confidence.
Hence, MIDA established the Project Acceleration and Coordination Unit (PACU) to proactively provide end-to-end facilitation to all projects approved by the National Committee on Investment (NCI), enabling the speedy and efficient implementation of projects in the country. The team looks to assist all stakeholders, both small businesses and multinational corporations, with issues and challenges faced when kick-starting their investment projects.
Acting as an intermediary between the business communities and relevant stakeholders such as Federal and State government departments, other Investment Promotion Agencies (IPAs), technical agencies and related utility service providers; PACU seeks to connect and derive beneficial solutions to investors.
Additionally, the team also provides advisory services to start-ups and conglomerates through their One-Stop-Centre concept. Investors are welcome to discuss the challenges faced while in operations and seek much-needed clarifications and advice on governmental guidelines and procedures.
The establishment of the PACU@MIDA team further streamlined the digitalisation efforts of application submission to MIDA, with the launch of the enhanced version of e-Manufacturing License 2.0 (e-ML 2.0) module, JPC Online Application Module and the e-Incentive Module.
Launched in July 2020, this platform enables investors to obtain approvals for Manufacturing Licence (ML) for projects in non–sensitive industries within two (2) business days. A total of 338 applications have been approved within the first four (4) months from the get-go.
JPC Online Application
This online platform helps companies obtain timely approvals for their customs duties exemption applications.
This enhanced module was launched in November 2020 after the former e-incentive 1.0 was introduced on 1 October 2020. This online platform, hosted under the same URL of the e-ML module, enables manufacturing companies to submit their incentive applications for promoted activities and products listed on the General, Small-scale Companies and High Technology Lists under the Promotion of Investment Act 1986.
e-Biz Clinic Series: ‘Starting Your Project with PACU@MIDA’
To ensure investors are well informed regarding the various initiatives and facilitations available to enable the successful implementation of projects in Malaysia, the PACU@MIDA team organised an e-Biz Clinic on ‘Starting Your Project with PACU@MIDA’ on 29 September 2020. The event was hosted in a hybrid fashion, whereby the physical event took place at MIDA Sentral and was streamed live via webinar, garnering more than 1,000 views.
As we advance, PACU@MIDA will continue to organise more webinars and engagements with relevant topics, such as providing information on utilities offered by service providers, and new regulations and guidelines by the Government. For more information and enquiries on PACU@ MIDA, investors can contact PACU@MIDA at +603-2267 3633/ +603-2267 3473 or email [email protected].