Tengku Zafrul: JBIC committed to support Miti in attracting high-quality investment from Japan


Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz — RAJA FAISAL HISHAN/The Star

KUALA LUMPUR: The Japan Bank for International Cooperation (JBIC) is committed to supporting the Ministry of Investment, Trade and Industry (MITI) in attracting high-quality investment from Japan, particularly in the sustainable energy sector and high-tech industrial development.

Its Minister, Tengku Datuk Seri Zafrul Abdul Aziz, stated that this high-quality investment will help accelerate Malaysia’s economic growth.

"Close cooperation with JBIC will strengthen Malaysia’s position as a regional investment hub for green technology and digital infrastructure.

"This move aligns with the goals of Budget 2025 to drive innovation and sustainability, providing significant benefits to the people and the national economy,” he said on X today.

Earlier, Tengku Zafrul met with a JBIC delegation led by its chairman and special advisor to the Japanese government, Tadashi Maeda.

Among the discussions were strategic opportunities in areas such as green energy, digital technology, and semiconductors, which are key focuses under the New Industrial Master Plan (NIMP 2030), the National Semiconductor Strategy (NSS), and the Green Investment Strategy (GIS), he noted. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MARC Ratings places Zetrix AI’s IMTN rating on watch amid shareholding, debt concerns
ES Sunlogy wins RM15.63mil electrical services contract in Johor
Malaysia-China Business Council chairman attends China-Asean Expo events
JcbNext sells 2.56% stake in Taiwan’s 104 Corp for RM22.62mil
Capital A moves to restructure Move Digital, exit BigPay stake
TSR Capital secures RM158mil construction contract in Selangor
Ringgit ends higher vs US dollar on easing oil supply concerns
EcoWorld secures S$208.1mil Singapore land for maiden development
Zetrix AI delays cash dividend payment after court injunction
Coal price hike has direct impact on cost of generating electricity

Others Also Read