Khazanah managing director Datuk Amirul Feisal Wan Zahir
PETALING JAYA: Khazanah Nasional Bhd will continue undertaking strategic investments, developing human capital and supporting startups and small and medium enterprises (SMEs).
Khazanah managing director Datuk Amirul Feisal Wan Zahir said the sovereign wealth fund will also continue to drive sustainability and execute impactful corporate social responsibility programmes.
By mobilising resources and synergising efforts across the government-linked investment companies (GLICs) and government-linked companies (GLCs) ecosystem, Khazanah seeks to advance an equitable, sustainable and value-creating growth trajectory for the nation.
“As announced in the budget, Khazanah has been tasked to spearhead the strengthening of the local venture capital (VC) ecosystem, in collaboration with VC agencies such as Penjana Kapital and Malaysia Venture Capital Management Bhd,” he said in a statement.
Amirul Feisal said centralising government resources in this space would allow for better coordination as Khazanah aims to nurture and grow Malaysian startups to enhance their regional competitiveness.
“In addition, to raise the ceiling, Khazanah along with other GLICs and GLCs will allocate RM1.5bil in funding for startups including bumiputra SMEs in high-growth, high-value industries, such as the digital economy, aerospace technology and electrical and electronics industries.”
He added that Khazanah remains committed to fostering sustainable growth, in line with the government’s sustainability and energy transition agenda.
“Under our wholly-owned subsidiary UEM Group Bhd, Khazanah has launched a green investment platform, UEM Lestra Bhd, to invest in and build domestic champions in green sectors such as renewable energy and storage, green building technology and energy efficiency and e-mobility ecosystem.
“Khazanah’s Dana Impak initiative, a fundamental pillar under our Advancing Malaysia strategy, invests in areas that aim to enhance Malaysia’s economic competitiveness, strengthen national resilience, and deliver socio-economic benefits to the rakyat.”
For 2024, Amirul Feisal said the Dana Impak will allocate RM600mil to spur economic growth and create opportunities for rural, suburban and underserved communities, in line with the government’s vision of more balanced regional development.
“Human capital development is key to ensuring a bright future for the country.
“Khazanah will continue to do our part in supporting the MyFutureJobs initiative with other GLCs, offering job opportunities in upskilling programmes as mentioned in the budget, which would improve the employability and wages of Malaysians.”
He added that Khazanah will also collaborate with other GLCs and private companies in transforming technical and vocational education and training education in Malaysia.
Ahead of Visit Malaysia Year 2026, Amirul Feisal said “Think City,” an entity founded by Khazanah, will continue working to conserve and improve Kuala Lumpur as a vibrant liveable space that is rich in culture and heritage for future generations to enjoy, as well as for Malaysia to become a global tourist destination of choice.
“Khazanah, through its impact-based foundation Yayasan Hasanah, will continue our commitment to build socioeconomically strong and resilient communities through collaborative partnerships with non-government organisations and civil society organisations with the RM100mil allocation to the social sector.”
