New Mida’s touch awaited

With a corporatisation and empowerment exercise in the pipeline, Mida expects to boost the country’s FDI and domestic investments.

THE Malaysian Industrial Development Authority (Mida), over four decades, has assumed a pivotal role in the successful transformation of the economy, from one heavily dependent on agriculture and primary commodities to one driven by exports of manufactured goods, with a shift towards high-technology, knowledge-based and capital-intensive industries.