Mida secures RM7.3bil in potential green investments


MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

PETALING JAYA: The Malaysian Investment Development Authority (Mida) has secured RM7.3bil in potential investments at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2025.

The event was held on Oct 14-16 at the Kuala Lumpur Convention Centre.

Mida said the achievement followed 38 high-stakes business matchmaking sessions and a collaboration with Malayan Banking Bhd (Maybank).

Mida chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said IGEM 2025 marked a pivotal moment in Malaysia’s economic transformation.

“The Madani Economy Framework, the New Industrial Master Plan 2030, the National Energy Transition Roadmap, and the Green Investment Strategy – they’re Malaysia’s blueprint for capturing the US$1 trillion Asian green economy.

“The RM7.3bil in potential green investments we’ve generated demonstrates that global capital recognises what we’re building: a sustainable industrial ecosystem that creates value for investors while delivering prosperity for all Malaysians. This is how we turn net-zero ambitions into net-positive growth,” he said in a statement.

Mida’s Biz Bridge initiative, co-organised with the Malaysian Photovoltaic and Sustainable Energy Industry Association, proved instrumental in connecting green-energy suppliers and demand offtakers, said Mida.

“The platform facilitated meaningful connections between 15 demand-side and 14 supply-side participants, creating a robust marketplace for renewable-energy generation and sustainable industrial development.”

Reinforcing its role as the nation’s principal investment promotion agency, Mida also formalised a memorandum of understanding with Maybank to promote Malaysia as a preferred regional destination for high-value and sustainable investments.

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