From left: MIDA deputy CEO (Investment Development) Zalina Zainol, Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar, MIDA CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani, Maybank group CEO, global banking Datuk John Chong, Natural Resources and Environmental Sustainability (NRES) deputy minister Datuk Seri Huang Tiong Sii, Maybank group CEO, community financial services Syed Ahmad Taufik Albar and NRES Secretary General Datuk Dr. Ching Thoo a/l Kim.
KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) and Maybank have entered into a partnership to promote Malaysia as a premier global investment destination.
MIDA chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said in a statement that financial institutions are the connective tissue between capital and opportunity.
"Maybank’s deep roots in ASEAN and its strong global presence make it an ideal partner to position Malaysia not just as a destination for investment, but as a launchpad for regional expansion.
"Through this partnership, MIDA will continue to provide end-to-end facilitation, from regulatory guidance to aftercare support, helping investors establish, scale and succeed with confidence in Malaysia. Together, we aim to deliver what investors value most: stability, connectivity, and a clear growth path,” he said.
MIDA, as the nation’s principal investment promotion agency, said that under the strategic partnership, it would harness its investment facilitation expertise and policy coordination role.
Meanwhile, Maybank would leverage its financial advisory experience and regional reach to channel both domestic and foreign capital into Malaysia’s high-growth sectors.
Together, MIDA and Maybank will lead a series of targeted promotional programmes, which include investment missions, business roundtables and strategic marketing campaigns to attract high-value and transformative investments to Malaysia.
Focus areas include the electrical and electronics (E&E) industry, digital economy, electric vehicle (EV) ecosystem, healthcare and petrochemicals, said MIDA.
Meanwhile, Maybank president and group CEO Datuk Seri Khairussaleh Ramli said the memorandum of understanding between Maybank and MIDA is timely, coming on the heels of Budget 2026, which sets the stage for attracting investments to achieve key economic targets under the 13th Malaysia Plan.
"As Malaysia’s largest bank and a leading institution in ASEAN that serves a wide spectrum of clients, we are more than a lender.
"Through our partnership with MIDA, we also aim to position Malaysia as a global halal economy leader, to drive sustainability and strengthen the domestic ecosystem by connecting small and medium enterprises to global supply chains and opportunities in artificial intelligence and the new economy,” he said. - Bernama
