MOF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments

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MOF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
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KUALA LUMPUR: A meeting with 70 financial fund investors and corporate members at the recently concluded Joint Investors Meeting in London has touched...

: A meeting with 70 financial fund investors and corporate members at the recently concluded Joint Investors Meeting in London has touched on the MADANI government’s immediate action to stimulate strategic investment in important technologies, according to the Ministry of Finance .

Among the immediate actions taken by the government is establishing the National Semiconductor Strategic Committee to facilitate cooperation between the government, industry players, universities, and relevant stakeholders to place the Malaysian semiconductor industry at the forefront and ensure the continued growth of the electronics & electrical industry, especially the semiconductor sector, as a major contributor to the Malaysian economy.

He also said that the country’s investment prospects have reached an extraordinary level, with approved investments surging to RM329.5 billion in 2023 from RM268 billion in 2022. In addition, Amir Hamzah said the greater initial stage construction work completed in 2023 and 2022 shows a positive trend for future investment opportunities.

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