Mida inks MoU with Citi Malaysia on financial facilitation for foreign investors

KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) and Citibank Bhd (Citi Malaysia) have inked a memorandum of understanding (MOU) for a partnership to extend a financial platform and a seamless provision of end-to-end banking services by Citi Malaysia to new and existing foreign investors in Malaysia.

MIDA chief executive officer Arham Abdul Rahman said the collaboration is to stimulate an active business environment in the current economic recovery.