MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid
KUALA LUMPUR: Malaysian Investment Development Authority (MIDA) has hosted a landmark gathering of the nation's most influential investment ecosystem partners, highlighting its commitment to support investors in a stronger and more unified investment landscape.
Chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said MIDA is cultivating an ecosystem where high-impact and future-ready investments can thrive.
"It's about partnerships, creating jobs and building a legacy of growth that benefits everyone - Malaysians and investors.
"MIDA is committed to supporting investors every step of the way, acting as their biggest supporter, trouble-shooter and sounding board,” he said in a statement today.
The event marked the CEO’s first major convening since his April appointment, bringing together an elite coalition of government agencies, state bodies, economic corridors, diplomatic missions, financial institutions, strategic partners and consulting powerhouses.
It showcased MIDA's evolution into a dynamic investment facilitator, positioning itself as a strategic ally for investors navigating Malaysia's diverse economic landscape.
Distinguished attendees engaged in discussions about transformative investment opportunities, sustainable development initiatives and innovative approaches to economic growth.
During the event, MIDA also revealed investment approvals have soared to RM254.7 billion in the
first nine months of 2024, marking a robust 10.7 per cent year-on-year increase.
This surge in investment is projected to create more than 159,000 high-value job opportunities
across various sectors, significantly boosting the nation's employment landscape.
Looking ahead, MIDA unveiled its strategic focus on attracting investments that align with Malaysia's New Industrial Master Plan (NIMP) 2030 and sustainable development goals.
Under this transformative blueprint, MIDA will prioritise investments in advanced technology sectors, digital transformation and sustainable industries.
The authority reaffirmed its commitment to facilitating high-impact investments that create substantial economic multiplier effects, drive innovation, high paying jobs for locals and advance technological capabilities across local supply chains. - Bernama
