Malaysia has made significant progress in investment for some time。So far, cross-sector approved investments have reached 225 billion ringgit ($48.2 billion), demonstrating its resilience against a global backdrop of surging uncertainty.。According to statistics, between January and September 2023, the amount of investment increased by 6.6%, involving 3,949 projects, providing 89,495 jobs。

Malaysia's Minister of Investment, Trade and Industry (MITI), Tengku Zafrul Aziz, said the achievement was due to the country's attractiveness in terms of investment and its deep cooperation under the MADANI economic framework.。

Malaysia's many achievements in attracting investment are a sign of its global strength and resilience.。The country continues to build a favourable investment ecosystem that positions it well in a volatile global economy。

Foreign direct investment (FDI) has played a leading role in Malaysia's investment plans, accounting for 55% of total investment..9%, many countries have contributed。Notably, this diversified investment base underscores Malaysia's strategic appeal, particularly in the ASEAN region.。

The service sector ranked first among approved investments, accounting for 52% of total approved investments..3%, providing 40,607 new jobs。Information and communications technology, real estate, distribution trade, utilities and financial services are key sub-sectors, indicating the attractiveness of the sector for investment。

Notably, under the National Energy Transition Roadmap (NETR) and the New Industrial Master Plan 2030 (NIMP), green technology investment in Malaysia has surged 24%..6%, in line with the country's sustainable economic transition goals。

The manufacturing sector grew significantly, attracting 99.8 billion ringgit (about 21.4 billion U.S. dollars) of investment, mainly from foreign investment (accounting for 85.0%) driven。Related projects, particularly in the electrical and electronics sectors, appear to put Malaysia in a strategic position in anticipation of a global technology cycle recovery.。

Arham Abdul Rahman, CEO of the Malaysian Investment Development Authority (MIDA), stressed that the services and manufacturing sectors are riding a key role in Malaysia's innovation demonstration and global centrality.。Not only that, MIDA oversees a large number of proposed investments, all of which are metaphors to continued growth opportunities.。

In addition, the Malaysian government has launched a number of incentive schemes and grants to promote the development of the digital economy while maintaining business efficiency.。The plans aim to accelerate business activities, encourage technology adoption and sustained digital innovation, ensure competitive growth while positioning Malaysia as a digital powerhouse.。

The Malaysia Digital Catalyst Grant (MDCG) aims to promote the adoption and development of breakthrough, sustainable solutions in key areas driven by Malaysia's Digital Initiative (MD) in line with the country's Fourth Industrial Revolution (IR) policy.。

MDCG is specifically designed to promote co-creation, problem solving and the development of innovative solutions with end-user partners, especially with the goal of driving commercialization.。

Malaysia Digital X-Port Grant (MDXG) focuses on supporting local technology companies that are export-ready and want to expand their global market share to help them expand their businesses worldwide.。Its focus is on driving sustainable, disruptive and innovative products and enhancing the ability of Malaysian technology companies to transform their industries on a global scale.。In addition, it aims to enhance the global reputation of Malaysia's technology products, making it an industry leader that transcends national borders.。

The main objective of the Malaysia Digital Acceleration Grant (MDAG) is to accelerate the development of Malaysia Digital Status, a company that is in the process of commercialization and expansion, to help it become a regional leader, in line with the industry and technology enablers recognized by the company.。

As such, MDAG aims to stimulate and advocate for strategic, high-growth and impactful activities within the digital focus area, promote the gradual upgrading of the value chain and strengthen the ecosystem.。It accelerates business activities and makes a significant contribution to Malaysia's digital economy.。

In addition, it emphasizes strengthening operations through the application of technology and continuous digital innovation to ensure lasting competitive growth.。

Taken together, these initiatives affirm Malaysia's position as a digital powerhouse and demonstrate the Malaysian government's commitment to fostering a vibrant digital ecosystem and driving significant changes in the global market.。