OSAKA: The Malaysian Investment Development Authority’s (Mida) success in attracting RM12.79bil in potential investments from Japanese companies at Expo 2025 Osaka signals a strong vote of confidence in Malaysia’s industrial ecosystem, especially in green technology, semiconductors and medical devices sectors.
Chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the fruitful results were reaped through 43 targeted business engagements and five investment seminars held over the past six months in Tokyo, Osaka, Kyoto, and Kobe.
Speaking on the sidelines of the closing ceremony of the Malaysia Pavilion at Expo 2025 Osaka recently, Sikh Shamsul told Bernama that Mida’s targeted missions engaged a range of Japanese companies across key sectors such as semiconductors and electronics, green and renewable energy, chemicals and advanced manufacturing, logistics as well as medical devices.
“Discussions centred on green technology adoption and smart factory development,” he added.
Mida also facilitated direct meetings between Malaysian suppliers and Japanese manufacturers, particularly in emerging sectors like green hydrogen technology, electric vehicle components and carbon capture technologies throughout the expo.
Sikh Shamsul said Mida acted as a single point of contact for companies seeking to diversify their supply chains, helping them manage what would otherwise be significant coordination costs.
To streamline market entry, he said Mida also provided manufacturing licence assistance and manages incentive applications, reducing time from initial interest to operational readiness. — Bernama
