KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) will continue to facilitate stronger linkages between startups and investors by encouraging deeper industry-startup collaboration in high-impact sectors.
Mida chief executive officer Datuk Sikh Shamsul Ibrahim said it would work closely with ecosystem partners to position Malaysia as a competitive destination for innovation-led investments.
“Malaysia has strong foundations in talent, capital, infrastructure and a clear national direction and we must bring these strengths together in a more coordinated and deliberate way.
“If we succeed, we will not only nurture startups, but also build companies that anchor industries, generate quality jobs and compete confidently on the global stage,” he said in his opening remarks at the Beyond4 strategic engagement session 2026 on Malaysia’s startup ecosystem yesterday.
The programme aimed to foster collaboration, explore investment opportunities, and identify strategic interventions that can accelerate the development of a world-class start-up ecosystem in the country.
Sikh Shamsul said Mida has focused on attracting investment into Malaysia as the investment landscape evolves, with investors now placing greater emphasis on ecosystem strength, technological capabilities, and long-term growth potential beyond incentives.
Recognising this shift, he said the agency is expanding its role by strengthening its efforts to connect the ecosystem by bringing together multinational corporations, local industries, start-ups, research institutions and investors, in addition to investment promotion. — Bernama
