Strong support for chip sector under Budget 2025


International Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.

KUALA LUMPUR: Budget 2025 has set aside sizeable funds, both fiscal and non-fiscal, to ensure the success of the National Semiconductor Strategy (NSS), which is part of the New Industrial Master Plan 2030 (NIMP 2030), says Investment, Trade and Industry (Miti) Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Among the initiatives announced in the budget, he said were the RM1bil sovereign fund for the electrical and electronics sector and high-value activities as well as training funds allocated for several universities.

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